4/19/2025 6:36:08 AM	ECON C2002 Course Outline as of Fall 2026	Changed Course
CATALOG INFORMATION
Discipline and Nbr:  ECON C2002	Title:  PRIN OF MACROECONOMICS
Full Title:  Principles of Macroeconomics
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 1

Catalog Description:

An introductory course using models of the domestic and international economy to understand national income, unemployment, inflation, economic growth, inequality, the financial system, and monetary, fiscal, and other economic 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 or equivalent

Limits on Enrollment:

Schedule of Classes Information
Description:

An introductory course using models of the domestic and international economy to understand national income, unemployment, inflation, economic growth, inequality, the financial system, and monetary, fiscal, and other economic 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 or equivalent
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 H	Social and Behavioral Sciences Global Perspective and Environmental Literacy
CSU GE:	Transfer Area			Effective:	Inactive:
	D	Social Science		Fall 2010
	D2	Economics
	D	Social Science		Fall 1991	Fall 2010
	D2	Economics
	D3	Ethnic Studies
	D	Social Science		Fall 1981	Fall 1991
	D3	Ethnic Studies
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 202	Principles of Macroeconomics	SRJC Equivalent Course(s): ECONC2002

Certificate/Major Applicable: Both Certificate and Major Applicable

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. Assess the nation's economic performance based on Gross Domestic Product (GDP), unemployment and inflation.

3. Demonstrate an understanding of how specific tools of fiscal and/or monetary policy can return the economy to full employment.

 

Objectives:

Statewide Required Objectives/Outcomes:

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

1. Interpret and analyze domestic and international macroeconomic data.

2. Apply macroeconomic models to explain economic issues and outcomes.

3. Analyze the effects of macroeconomic policies.

Topics and Scope

Statewide Required Topics:

1. Fundamentals of economic thinking

    a. Scarcity / opportunity costs

    b. Factors of production

    c. Production possibilities

    d. Specialization and gains from trade

    e. Economic models and research methodology

2. How markets operate

    a. Definition of a market

    b. Supply and demand model

3. Measuring the economy

    a. National output and productivity

    b. Economic growth

    c. Price level (inflation)

    d. Business cycle

    e. Unemployment

    f. Inequality and Poverty

4. Aggregate Demand / Aggregate Supply model

5. Financial system

    a. Saving, investment, and interest rates

    b. Money creation and banking

   c. Role and function of central banks

   d. Monetary policy

6. The role of the government in the macro economy

    a. Government budget

    b. Fiscal policy

    c. Social policy

7. International economics

    a. Balance of payments

    b. Exchange rates

    c. International trade

Assignments:

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

2. Homework problem sets involving computations 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., (2023) Macroeconomic 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 Macroeconomics. 4nd ed. Coppock, Lee. and Mateer, Dirk. W. W. Norton & Company. 2023.

Print PDF