SRJC Course Outlines

4/1/2023 11:15:40 PMECON 30 Course Outline as of Spring 2004

Changed Course

Discipline and Nbr:  ECON 30Title:  THE GLOBAL ECONOMY  
Full Title:  The Global Economy
Last Reviewed:4/22/2019

UnitsCourse Hours per Week Nbr of WeeksCourse Hours Total
Maximum3.00Lecture Scheduled3.0017.5 max.Lecture Scheduled52.50
Minimum3.00Lab Scheduled017.5 min.Lab Scheduled0
 Contact DHR0 Contact DHR0
 Contact Total3.00 Contact Total52.50
 Non-contact DHR0 Non-contact DHR Total0

 Total Out of Class Hours:  105.00Total 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: 

Catalog Description:
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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.


Recommended Preparation:
Eligibility for ENGL 1A or equivalent

Limits on Enrollment:

Schedule of Classes Information
Description: Untitled document
Survey of global economic issues & the emerging patterns of international trade & economic development.
(Grade or P/NP)

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


Associate Degree:Effective:Fall 1981
Inactive:Fall 2011
Social and Behavioral Sciences
CSU GE:Transfer Area Effective:Inactive:
 DSocial ScienceFall 1996Fall 2011
IGETC:Transfer Area Effective:Inactive:
 4Social and Behavioral ScienceFall 1996Fall 2011
CSU Transfer:TransferableEffective:Fall 1981Inactive:Fall 2011
UC Transfer:TransferableEffective:Fall 1981Inactive:Fall 2011

Certificate/Major Applicable: Major Applicable Course


Outcomes and Objectives:
At the conclusion of this course, the student should be able to:
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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
7.  Evaluate the world's economic performance and evaluate the efficacy
   of economic policies directed toward the achievement of global

Topics and Scope
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I.  Introduction to Economic Development
   A.  International comparisons in income and growth
   B.  The economic, sociological, and polical characteristics of
   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

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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%
Skill Demonstrations: All skill-based and physical demonstrations used for assessment purposes including skill performance exams.Skill Demonstrations
0 - 0%
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%

Representative Textbooks and Materials:
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Carbaugh, Robert J. International Economics, 8th ed.,
Southwestern College Publishing (International Thompson Publishing, 2002),
Cincinnati, OH.

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