12/21/2024 5:22:59 PM	ECON 30 Course Outline as of Spring 2004	Changed Course
CATALOG INFORMATION
Discipline and Nbr:  ECON 30	Title:  THE GLOBAL ECONOMY
Full Title:  The Global Economy
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		17.5 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:

The study of international economic forces which shape the patterns of global trade and development.  Explores issues of trade policy, multi-national corporations, exchange rates and international finance, developing countries and economies in transition, environmental issues, and the current dynamics of the evolving world economy.  Includes numerous selected case studies.

Prerequisites/Corequisites:

Recommended Preparation:
Eligibility for ENGL 1A or equivalent

Limits on Enrollment:

Schedule of Classes Information
Description:

Survey of global economic issues & the emerging patterns of international trade & economic development.

(Grade or P/NP)
Prerequisites:
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:	Fall 1981	Inactive:	Fall 2011
Area:	D	Social and Behavioral Sciences
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:	Fall 1981	Inactive:	Fall 2011
UC Transfer:	Transferable	Effective:	Fall 1981	Inactive:	Fall 2011
C-ID:

Certificate/Major Applicable: Major Applicable Course

COURSE CONTENT

Outcomes and Objectives:
At the conclusion of this course, the student should be able to:

Upon completion of this course, students will be able to:

1.  Analyze lecture material, view video materials and relate those

   materials to the text content.

2.  Distinguish between and use vocabulary terms related to global

   economic studies.

3.  Critique global economic problems and discuss issues using economic

   principles to explain their reasoning.

4.  Explain their points of view during discussions.

5.  Analyze global economic issues.

6.  Demonstrate reading, communication and analytical skill levels in

   discussions, on exams, and within the content of assigned

   papers.

7.  Evaluate the world's economic performance and evaluate the efficacy

   of economic policies directed toward the achievement of global

   development.

Topics and Scope

I.  Introduction to Economic Development

   A.  International comparisons in income and growth

   B.  The economic, sociological, and polical characteristics of

       development

   C.  Measuring economic development

   D.  Technological progress and the factors of production--land,

       labor, capital and entrepreneurship

II. Approaches to the Theory of Economic Development

   A.  The origin of growth theories--the classical economists

   B.  The stages of economic growth

   C.  Capital focused growth theories

III.Trade and Development

   A.  Why do nations trade?

   B.  What determines the basis and directions of trade?

   C.  The driving forces behind protectionism

   D.  Trade policy

   E.  International trading blocs

   F.  Case studies

IV. International Resource Mobility

   A.  Labor and capital mobility

   B.  Multinational corporations

   C.  Fixed v. floating exchange rates

   D.  Managing currencies and policy coordination

   E.  Exchange rates, capital flight and hyperinflation

   F.  Case studies

V.  Developing Countries and Economies in Transition

   A.  Theories of underdevelopment

   B.  World population trends

   C.  Integrating developing countries into the global economy

   D.  The transformation of the former Communist countries

   E.  Case studies

VI. The International Dimension of Environmental Problems

   A.  Transnational pollution

   B.  International property rights

   C.  Trade, development and environmental protection

   D.  Case studies

VII.The Evolving World Economy

   A.  The dynamic aspects of comparative advantage

   B.  The evolutionary nature of trade competitiveness

   C.  Recent events in global trade and development

   D.  Case studies

Assignments:

1.  Regular attendance and extensive notetaking in class is expected

   and assumed.

2.  Read and study appropriate chapters in text and anthologies.

3.  A 5-7 page paper will be assigned.  Instructors may choose to assign

   either response, analytical, or a research paper.

4.  Participate in discussion as directed by the instructor.

5.  Prepare for scheduled quizzes.

6.  Prepare for extensive in-class mid-term and final essay examination

7.  Written homework as directed by instructor.

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 20 - 60%
Written homework, Response, analytical, or research papers
Problem solving: Assessment tools, other than exams, that demonstrate competence in computational or non-computational problem solving skills.		Problem Solving 0 - 0%
None
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 40 - 80%
Multiple choice, True/false, Matching items, Completion, In-class mid-term and final essay examinations
Other: Includes any assessment tools that do not logically fit into the above categories.		Other Category 0 - 0%
None

Representative Textbooks and Materials:

Carbaugh, Robert J. International Economics, 8th ed.,

Southwestern College Publishing (International Thompson Publishing, 2002),

Cincinnati, OH.

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