Principles of Economics - Macroeconomics. Business Administration Department. o Work Experience, Occupational. o Work Experience, General

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1 SECTION A - Curse Infrmatin 1. Curse ID: 2. Curse Title: 3. Divisin: 4. Department: 5. Subject: 6. Shrt Curse Title: 7. Effective Term:: BUSC 1A Principles f Ecnmics - Macrecnmics Business Divisin Business Administratin Department Business: Ecnmics Prin f Ecn-Macrecn Summer 2010 SECTION B - Official Curse Infrmatin 1. Recmmended Class Size: a. Maximum Class Size: 36 b. Class Size Apprval Date: 2. Methd f Instructin: Lecture Labratry Lecture and Labratry Wrk Experience, Occupatinal Wrk Experience, General Open Entry/Exit Independent Studies Distance Learning (Distance Educatin Delayed) fr nline curses. Distance (Hybrid Online) fr nline supprted curses 3. Cntact Hurs fr a Term: Nte: If nt a variable unit/hur curse, enter the hurs in the "Lw" clumn nly. Leave the hurs in the "High" clumn blank. Lw High Lecture: Lab: Lab/Lecture Parity? Yes N Activity: Clinical: tal Hurs Credit Units: Unit f credit per eighteen (18) hurs f lecture cntact hurs fr a term 1 Unit f credit per fifty-fur (54) hurs f lab, activity r clinical cntact hurs fr a term 5. Taxnmy f Prgrams (TOPS) Infrmatin: a. TOPS Cde and Curse Prgram Title: Page 1 f 5

2 *Banking and Finance b. Curse Cntrl Number: ( be entered by the Instructin Office Only.) 6. SAM Pririty Cde:(Select One) Apprenticeship Curses ffered t apprentices nly. Advanced Occupatinal Curses taken in the advanced stages f an ccupatinal prgram. Each B level curse must have a C level prerequisite in the same prgram area. Clearly Occupatinal Curses taken in the middle stages f an ccupatinal prgram. Shuld prvide the student with entry-level jb skills. Pssibly Occupatinal Curses taken in the beginning stages f an ccupatinal prgram. Nn-Occupatinal 7. Please place this curse int the apprpriate discipline by selecting frm the drp dwn list. The discipline placement indicates what preparatin is needed t teach the curse. Discipline faculty may place their curses int mre than ne discipline as apprpriate: Ecnmics 8. General Curse Infrmatin a. Curse Credit Status: b. State Transfer Cde: c. State Classificatin Cde: d. Basic Skills Status/Level: e. Sprts/Physical Educatin Curse: D Credit Degree Applicable A Transferable, UC/CSU/Private A Liberal Arts/Sciences Degrees N Nt a Basic Skills Curse Yes ( Only check here if the curse is a physical educatin curse.) f. Grading Methd: g. Number f repeats allwed: Letter Grade Only Nn-repeatable Credit (equates t 0 repeats) h. Overlap/Duplicate Curse: 9. Curse Preparatin: Nte: If this curse has a new requisite, a cntent review supplemental frm must be cmpleted. Prerequisite Eligibility fr ENGL 1A MATH 71 r MATH 71B Page 2 f 5

3 Crequisite Advisry Nne 10. Curse Special Designatrs 11. Curse Prgram Status Prgram Applicable Stand-alne 12. Funding Agency Categry: Nt Applicable Primarily develped using ecnmic develpment funds Partially develped using ecnmic develpment funds SECTION C - Transfer Status Baccalaureate Status is granted by the Educatinal Design General Educatin and Baccalaureate Level Subcmmittee. CSU Transferable Apprval Date: UC Transferable SECTION D - General Educatin Request Mt. San Antni Cllege and CSU General Educatin curse apprval are submitted t the Educatinal Design GE and BL Subcmmittee fr apprval. 1. The Articulatin Officer submits the curse directly t the CSU Chancellr fr apprval. 2. Upn receiving apprval, the curse is apprved fr the Mt. SAC Assciate Degree GE and placed in the area(s) CSU apprval indicate(s). Yes N Apprved fr inclusin n Mt. SAC and CSU General Educatin List? 1. Mt SAC General Educatin Applicability: 2. CSU General Educatin Applicability (Requires CSU apprval): CSD2 - Ecnmics 3. IGETC Applicability (Requires CSU/UC apprval): IG4B - Ecnmics Page 3 f 5

4 SECTION E - Curse Cntent 1. Curse Descriptins a. Catalg Descriptin Principles f aggregate ecnmic analysis; ecnmic cycles including recessin, unemplyment, inflatin and ecnmic grwth; natinal incme accunts; mney and financial institutins; mnetary and fiscal plicy; alternative ecnmic viewpint; budget deficits and public debts; internatinal trade and finance. b. Class Schedule Descriptin: Yes N Is a curse descriptin t be printed in the Class Schedule? 2. Curse Outline Infrmatin a. Lecture pical Outline: - Ecnmics and ecnmy - The ecnmizing prblem - Pure Capitalism and the circular flw - Individual markets: Demand and supply - Private sectrs and the market system - Public sectrs - Measuring dmestic utput, natinal incme, and the price level - Macrecnmic instability: Unemplyment and inflatin - Aggregate demand and aggregate supply - Classical and Keynesian theries f emplyment - Equilibrium - Dmestic utput in the Keynesian Mdel - Fiscal plicy - Mney and banking - Banks and mney creatin - Federal Reserve and mnetary plicy - Mnetarism and ratinal expectatins - Inflatin-unemplyment relatinship - Budget deficits and public debt - Ecnmic grwth - Internatinal trade - Internatinal finance - Final Examinatin b. Lab pical Outline: 3. Curse Measurable Objectives: Page 4 f 5

5 1. Use crrect macrecnmic terminlgy. 2. Utilize tls f macrecnmic analysis including graphing mdels in the abstract such as supply and demand, incme-expenditure applicatins. 3. Slve prblems related t the mixed American ecnmy; supply and demand; private and public sectrs; natinal incme, emplyment and fiscal plicy; mney, banking, mnetary plicy and the fiscal-mnetary plicy mix; ecnmic grwth and resurce plicies. 4. Recgnize varius schls f ecnmic thught and their assumptins. 5. Explain internatinal trade and internatinal finance including exchange rates. 4. Curse Methds f Evaluatin: Categry 1. Substantial written assignments fr this curse include: If the curse is degree applicable, substantial written assignments in this curse are inapprpriate because: Students are evaluated n cmputatins, analysis, and recmmndatins using data related t ecnmic situatins. Categry 2. Cmputatinal r nn-cmputatinal prblem slving demnstratins: Cmputatins f ecnmic data, graphing f the data, and explanatin f ecnmic data and the cncepts. Discussin f ecnmic situatins and recmmendatins based upn ecnmic cncepts and principles. Categry 3. Skills Demnstratins: Nt applicable Categry 4. Objective Examinatins: Multiple Chice Cmpletin True/False 5. Sample Assignments: 1. Using the given data, calculate pprtunity cst and then create a graph. Include calculatins f abslute advantages and cmparative advantages in yur analysis. 2. Using the cncept f supply and demand t draw graphs fr the given data. Als determine shrtages and/r surpluses using the equilibrium price and quantity demanded and supplies. 3. Calculate GDP and ther cncepts related t GDP using the given data. Include calculatins fr unemplyment level, labr frce, and the labr frce participatin rate. 4. Using real and nminal GDP and inflatin rates, cmpare the given examples using the calculated index numbers. 6. Representative Text: Bk 1: Authr: Title: Publisher: Date f Publicatin: Editin: McCnnell and Brue Macrecnmics McGrwa Hill editin Page 5 f 5