| 4/18/2024 2:34:41 PM |
| Changed Course |
| CATALOG INFORMATION
|
| Discipline and Nbr:
ECON 30 | Title:
INTERNATIONAL ECONOMICS |
|
| Full Title:
International Economics |
| Last Reviewed:4/22/2019 |
| Units | Course Hours per Week | | Nbr of Weeks | Course Hours Total |
| Maximum | 3.00 | Lecture Scheduled | 3.00 | 17.5 max. | Lecture Scheduled | 52.50 |
| Minimum | 3.00 | Lab Scheduled | 0 | 6 min. | Lab Scheduled | 0 |
| | Contact DHR | 0 | | Contact DHR | 0 |
| | Contact Total | 3.00 | | Contact Total | 52.50 |
| |
| | Non-contact DHR | 0 | | Non-contact DHR Total | 0 |
| | Total Out of Class Hours: 105.00 | Total Student Learning Hours: 157.50 | |
Title 5 Category:
AA Degree Applicable
Grading:
Grade or P/NP
Repeatability:
00 - Two Repeats if Grade was D, F, NC, or NP
Also Listed As:
Formerly:
Catalog Description:
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This course examines international trade, international finance, and the global economy. It is suitable for students from all majors and backgrounds, and anyone interested in learning about these topics. Explores issues focusing on trade agreements, comparative advantage and the gains from trade, tariffs, quotas, the balance of payments, foreign exchange rates, and current international events.
Prerequisites/Corequisites:
Course Completion of MATH 154, MATH 155, MATH 156, or higher, or MATH 15, or qualifying placement based on AB705 mandates.
Recommended Preparation:
Eligibility for ENGL 1A or equivalent
Limits on Enrollment:
Schedule of Classes Information
Description:
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This course examines international trade, international finance, and the global economy. It is suitable for students from all majors and backgrounds, and anyone interested in learning about these topics. Explores issues focusing on trade agreements, comparative advantage and the gains from trade, tariffs, quotas, the balance of payments, foreign exchange rates, and current international events.
(Grade or P/NP)
Prerequisites:Course Completion of MATH 154, MATH 155, MATH 156, or higher, or MATH 15, or qualifying placement based on AB705 mandates.
Recommended:Eligibility for ENGL 1A or equivalent
Limits on Enrollment:
Transfer Credit:CSU;UC.
Repeatability:00 - Two Repeats if Grade was D, F, NC, or NP
ARTICULATION, MAJOR, and CERTIFICATION INFORMATION
| Associate Degree: | Effective: | | Inactive: | |
| Area: | | |
| |
| CSU GE: | Transfer Area | | Effective: | Inactive: |
| | D | Social Science | Fall 1996 | Fall 2011 |
| | D2 | Economics | | |
| |
| IGETC: | Transfer Area | | Effective: | Inactive: |
| | 4 | Social and Behavioral Science | Fall 1996 | Fall 2011 |
| | 4B | Economics | | |
| |
| CSU Transfer: | Transferable | Effective: | Spring 2020 | Inactive: | |
| |
| UC Transfer: | Transferable | Effective: | Fall 2019 | Inactive: | |
| |
| C-ID: |
Certificate/Major Applicable:
Major Applicable Course
COURSE CONTENT
Student Learning Outcomes:
At the conclusion of this course, the student should be able to:
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1. Apply the principle of comparative advantage to international trade between
nations to determine if the nations are mutually benefiting, and determine profits.
2. Articulate the difference between the International Monetary Fund, World Bank
and World Trade Organization.
3. Evaluate different exchange rate systems including fixed, flexible, and floating.
Objectives:
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At the conclusion of this course, the student should be able to:
1. Distinguish between and use vocabulary terms related to global
economic studies.
2. Critique global economic problems and discuss issues using economic
principles to explain their reasoning.
3. Analyze global economic issues.
4. Demonstrate reading, communication and analytical skill levels in
discussions, on exams, and within the content of assigned
papers.
5. Critically evaluate the world's economic performance and explain the efficacy
of economic policies directed toward the achievement of global
development.
Topics and Scope
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I. Global Macroeconomics
A. Measuring economic indicators
B. Gross Domestic Product
C. Gross National Product
D. Gross National Income
E. Per Capita GDP
II. Economic Growth and Sustainability
A. Factors of Production
B. Factor Endowments
III. International Institutions
A. The International Monetary Fund
B. The World Bank
C. The World Trade Organization
IV. Introduction to International Trade
A. Absolute Advantage
B. Comparative Advantage
C. Specialization
D. Trade Agreements
E. Gains from Trade
F. Theory of Tariffs
G. Theory of Quotas
H. Protectionism
I. International Dumping
J. Voluntary Restrictions
K. Trade and the Environment
V. International Finance
A. Balance of Payments
B. Current Account
C. Capital Account
D. Flexible Exchange Rates
E. Fixed Exchange Rates
F. Floating Exchange Rates
Assignments:
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1. Read and study appropriate chapters in text (15-20 pages) per week
2. Homework Problems, such as:
A. Written homework
B. Problem sets involving computation and graphing
C. Chapter-based problems
3. Two to four class exams
4. Final exam
5. Research paper (optional)
Methods of Evaluation/Basis of Grade.
| Writing: Assessment tools that demonstrate writing skill and/or require students to select, organize and explain ideas in writing. | Writing
0 - 30% |
| Optional research paper | |
| This is a degree applicable course but assessment tools based on writing are not included because problem solving assessments are more appropriate for this course. |
|
| Problem solving: Assessment tools, other than exams, that demonstrate competence in computational or non-computational problem solving skills. | Problem Solving
10 - 40% |
| Homework problems | |
| Skill Demonstrations: All skill-based and physical demonstrations used for assessment purposes including skill performance exams. | Skill Demonstrations
0 - 0% |
| None | |
| Exams: All forms of formal testing, other than skill performance exams. | Exams
50 - 80% |
| Examinations and final examination | |
| Other: Includes any assessment tools that do not logically fit into the above categories. | Other Category
0 - 0% |
| None | |
Representative Textbooks and Materials:
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International Economics. 7th ed. James Gerber. Pearson Education. 2017
International Economics. 11th ed. Krugman, Paul and Obstfeld, Maurice and Melitz, Marc. Pearson Education. 2018
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