4/25/2025 10:12:56 PM	ECON C2001 Course Outline as of Fall 2026	Changed Course
CATALOG INFORMATION
Discipline and Nbr:  ECON C2001	Title:  PRIN OF MICROECONOMICS
Full Title:  Principles of Microeconomics
Last Reviewed:4/14/2025

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:  ECON 2

Catalog Description:

An introductory course using microeconomic models to understand individual decisions by consumers and firms, market outcomes including market failure, elasticity, market structures, labor markets, inequality, and the impact of government policies.

 

 

Prerequisites/Corequisites:
Prerequisites (Identical): Placement as determined by the college’s multiple measures assessment process or completion of a course taught at or above the level of elementary algebra.

Recommended Preparation:
Eligibility for ENGL C1000 (forrmerly ENGL 1A) or EMLS 10 (formerly ESL 10) or equivalent or appropriate placement based on AB705 mandates.

Limits on Enrollment:

Schedule of Classes Information
Description:

An introductory course using microeconomic models to understand individual decisions by consumers and firms, market outcomes including market failure, elasticity, market structures, labor markets, inequality, and the impact of government policies.

 

 

(Grade or P/NP)
Prerequisites:Prerequisites (Identical): Placement as determined by the college’s multiple measures assessment process or completion of a course taught at or above the level of elementary algebra.
Recommended:Eligibility for ENGL C1000 (forrmerly ENGL 1A) or EMLS 10 (formerly ESL 10) or equivalent or appropriate placement based on AB705 mandates.
Limits on Enrollment:
Transfer Credit:UC.
Repeatability:00 - Two Repeats if Grade was D, F, NC, or NP

ARTICULATION, MAJOR, and CERTIFICATION INFORMATION

Associate Degree:		Effective:	Fall 1981	Inactive:
Area:	D	Social and Behavioral Sciences
CSU GE:	Transfer Area			Effective:	Inactive:
	D	Social Science		Fall 1981
	D2	Economics
IGETC:	Transfer Area			Effective:	Inactive:
	4	Social and Behavioral Science		Fall 1981
	4B	Economics
CSU Transfer:		Effective:		Inactive:
UC Transfer:	Transferable	Effective:	Fall 1981	Inactive:
C-ID:
CID Descriptor: ECON 201	Principles of Microeconomics	SRJC Equivalent Course(s): ECONC2001

Certificate/Major Applicable: Major Applicable Course

COURSE CONTENT

Student Learning Outcomes:
At the conclusion of this course, the student should be able to:

1. Apply the tools of supply and demand to assess prices and quantities in competitive markets.

2. Compare and contrast the production decision, profit/loss determination, and short-run and long-run for market structures ranging from pure competition to pure monopoly.

3. Evaluate the impact of government intervention on free markets.

 

Objectives:

Statewide Required Objectives/Outcomes:

 

At the conclusion of this course, the student should be able to (Identical and Required):

1. Perform and interpret microeconomic calculations.

2. Apply microeconomic models to analyze market outcomes, including market failures and government policies.

3. Model how consumers and firms make decisions under a variety of market structures.

Topics and Scope

Statewide Required Topics:

 

1. Fundamentals of economic thinking

    a. Scarcity / opportunity costs

    b. Factors of production / production possibilities

    c. Specialization and gains from trade

    d. Marginal analysis

    e. Rational behavior

    f. Economic models and research methodology

2. How markets operate

    a. Definition of a market

    b. Supply and demand model

    c. Producer / consumer surplus and efficiency

    d. Government intervention

3. Elasticity

4. Consumer theory / demand

5. Producer theory

     a. Production and costs

     b. Accounting / economic profit

     c. Short- and long-run production decisions

     d. Industry structure

6. Market structures

    a. Perfect competition

    b. Monopoly

    c. Monopolistic competition

    d. Oligopoly and game theory

7. Labor markets

8. Market failure and public policy

    a. Externalities

    b. Public goods

    c. Imperfect competition

    d. Efficiency vs. equity

Assignments:

1. Read and study appropriate chapters in text (15-20 pages) per week.

2. Homework problem sets involving computation and graphing to be prepared for review and discussion (2-4)

3. Examinations; will be closed-book and no notes

4. Written assignments and chapter questions.

5. Additional assignments as determined by instructor

 

Statewide Required Methods of Evaluation:

 

Assessments for this course will include both formative and summative assignments that may include some or all of the following:

Exams and Quizzes containing one or more:

• Multiple Choice questions

• Short answers

• Problem Solving

• True/False

• Essays

Other Assessments:

• Problem sets

• Online or in-class discussions

• Presentations

• Group projects

• Experiments

• Current event analysis

• Term papers

Assessed written work may include any of the following (colleges are encouraged to work with local CSU and UC departments to determine writing requirements):

• Current event analysis

• Discussion boards

• Essay questions on exams

• Term papers

 

Methods of evaluation are at the discretion of local faculty.

 

Expanded and Additional Local Methods of Evaluation: See table below.

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 5 - 30%
Written assignments and chapter questions.
Problem solving: Assessment tools, other than exams, that demonstrate competence in computational or non-computational problem solving skills.		Problem Solving 10 - 30%
Homework problems involving computation and graphing
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
Other: Includes any assessment tools that do not logically fit into the above categories.		Other Category 0 - 10%
Additional assignments as determined by instructor

Representative Textbooks and Materials:

Statewide Representative Textbooks:

 

 

These are representative texts. Texts used by individual institutions and even individual sections will vary.

These are two-semester textbooks covering both Macroeconomics and Microeconomics. The onesemester edition covering only Microeconomics is acceptable as is any other equivalent textbook, including an OER textbook.

Arnold, R., Arnold, D., & Arnold, D. (2023) Economics. Mason, OH: Cengage Learning.

Colander, D. (2019) Economics. New York: McGraw-Hill Irwin.

Coppock, L. & Mateer. (2023) Principles of Economics, Norton.

The CORE Econ Team. The Economy 2.0, CORE Econ.

Cowen, T., & Tabarrok, A. (2021) Modern Principles of Economics. New York: Worth.

Frank, R. H., & Bernanke, B. S. (2024) Principles of Economics. New York: McGraw-Hill Irwin.

Greenlaw, S., Shapiro, D., & MacDonald, D. Principles of Economics 3e. Houston, TX:

 

OpenStax.

Hubbard, R. G., & O'Brien, A. P. (2024) Economics. Boston: Pearson.

Krugman, P. & Wells, R. (2024) Economics. New York: Worth.

Mankiw, N. G. (2024) Principles of economics. Mason, OH: Cengage Learning.

McConnell, C. R., Brue, S. L., & Flynn, S. M. Economics: Principles, problems and policies. New York: McGraw-Hill Irwin.

Parkin, M., (2023) Economics, New York: Pearson

Rittenberg, L., & Tregarthen, T. (2021) Principles of economics. Flat World Knowledge.

Schneider, G., (2024) Microeconomic Principles and Problems: A Pluralist Introduction. New York: Routledge.

Stevenson, B. & Wolfers, J. (2023) Principles of Economics, New York: Worth.

Tucker, I. B. (2023) Economics for today. Mason, OH: Cengage Learning.

 

Additional Local Representative Textbooks:

 

Principles of Microeconomics. 2nd edition. Coppock, L. and Mateer, D. W. W. Norton & Company. 2017. (classic).

Open Educational Resource:

Principles of Microeconomics. 3rd Edition. Shapiro, David et al. https://openstax.org/details/books/principles-microeconomics-3e Openstax, Rice University. 2022. Licensed under Creavtive Commons Attribution License v4.0

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