Economics (ECON)

See Course Description Symbols and Terms for an explanation of course description terminology and symbols, the course numbering system, and course credit units.


ECON 101  Introduction to Economics  3 Units  GE  
Typically Offered: Fall and spring  
A non-technical introduction to economics with coverage of both microeconomics and macroeconomics. Overview of the evolution of economic concepts and ideas. Application of economics to current problems such as inflation, unemployment, the financial sector, the economics of regulation, market imperfections, environmental problems, and international economics. Consumer decision making and different market models are included. (Can be substituted for ECON 102 in the major if students also take ECON 330 as one of their 300-level electives.) 3 hours lecture.  (002635)  
General Education: Social Sciences (D)  
Grade Basis: Graded  
Repeatability: You may take this course for a maximum of 3 units  
Course Attributes: Lower Division  
ECON 102  Principles of Macroeconomic Analysis  3 Units  GE  
Typically Offered: Fall and spring  
An introductory survey of macroeconomic analysis. Use of fundamental economic concepts to analyze the over-all economy. Determination of gross national product, rates of unemployment, problems of inflation, recession, and the use of governmental policies. Discussion of current problems. 3 hours lecture.  (002636)  
General Education: Social Sciences (D)  
Grade Basis: Graded  
Repeatability: You may take this course for a maximum of 3 units  
Course Attributes: Lower Division  
ECON 103  Principles of Microeconomic Analysis  3 Units  GE  
Typically Offered: Fall and spring  
An introductory survey of microeconomic analysis. Analysis of individual economic units: household, firms, and markets. Analysis of individual decision making. Supply and demand analysis. Type of market organization: competition, oligopoly, and monopoly. Discussion of current problems. 3 hours lecture.  (002638)  
General Education: Social Sciences (D)  
Grade Basis: Graded  
Repeatability: You may take this course for a maximum of 3 units  
Course Attributes: Lower Division  
ECON 301  Microeconomic Analysis  3 Units  
Prerequisite: ECON 103.  
Typically Offered: Fall and spring  
Microeconomics examines the economic behavior of individual decision-making agents, such as consumers, resource owners, and firms. The goal of this course is to build a theoretical foundation to study various applied fields in economics and management (such as international trade, public finance, labor, or environmental economics). Topics include consumer theory, production and cost analysis, theories of the firm and markets, and welfare economics. 3 hours discussion.  (002647)  
Grade Basis: Graded  
Repeatability: You may take this course for a maximum of 3 units  
Course Attributes: Upper Division  
ECON 302  Macroeconomic Analysis  3 Units  
Prerequisite: ECON 102.  
Typically Offered: Fall and spring  
An extension of macroeconomic concepts and principles relating to short-term stabilization policies, long-term growth questions, fiscal and monetary theory and policy, international dimensions, and problems of inflation, deflation, unemployment, productivity, and growth. Theories and models are used to examine, develop, and analyze macroeconomics issues, problems, and policies. 3 hours discussion.  (002648)  
Grade Basis: Graded  
Repeatability: You may take this course for a maximum of 3 units  
Course Attributes: Upper Division  
ECON 330  Money and Credit  3 Units  
Prerequisite: ECON 102.  
Typically Offered: Spring only  
Financial markets and financial institutions. Impact of money and credit on the economy. Central banking and monetary policy. International finance. Macroeconomics and monetary theory will be emphasized. (Can be substituted for ECON 102 in the major.) 3 hours lecture.  (002660)  
Grade Basis: Graded  
Repeatability: You may take this course for a maximum of 3 units  
Course Attributes: Upper Division  
ECON 340W  Work, Wealth, and Income Distribution (W)  3 Units  GE, W  
Prerequisite: GE Oral Communication (A1); GE Written Communication (A2); GE Critical Thinking (A3); GE Mathematics/Quantitative Reasoning (B4) requirements, or consent of the instructor.  
Typically Offered: Fall and spring  
Investigation of the nature and causes of income distribution in the United States. Consideration of the social and economic forces which generate income levels and determine patterns of economic mobility over time, interweaving theoretical, descriptive, quantitative, and normative aspects. 3 hours lecture.  (021270)  
General Education: Upper-Division Social Sciences (UDD); Equity, Ethics, and Policy Pathway  
Grade Basis: Graded  
Repeatability: You may take this course for a maximum of 3 units  
Course Attributes: Upper Division; Writing Course  
ECON 352  Medical Economics  3 Units  GE  
Prerequisite: GE Oral Communication (A1); GE Written Communication (A2); GE Critical Thinking (A3); GE Mathematics/Quantitative Reasoning (B4) requirements, or consent of the instructor.  
Typically Offered: Fall and spring  
An examination of the health care industry and its role in fulfilling national health needs. Topics include national health insurance, health financing, and resource allocation. 3 hours lecture.  (002667)  
General Education: Upper-Division Social Sciences (UDD); Health and Wellness Pathway  
Grade Basis: Graded  
Repeatability: You may take this course for a maximum of 3 units  
Course Attributes: Upper Division  
ECON 355  The Economics of Government Regulations  3 Units  
Prerequisite: ECON 103.  
Typically Offered: Spring only  
An overview of the economics of government regulation with emphasis on the formulation of regulatory policy, alternative methods of regulation, and the economic impacts of such policy. Topics may include environmental regulation, energy conservation policy, consumer protection, antitrust policy, and a critical evaluation of market-based regulatory policy. 3 hours lecture.  (002668)  
Grade Basis: Graded  
Repeatability: You may take this course for a maximum of 3 units  
Course Attributes: Upper Division  
ECON 361  Sports Economics  3 Units  
Prerequisite: ECON 103.  
Typically Offered: Spring only  
This course is designed to investigate the world of sports through an applied economics framework. Using this framework allows us to begin to answer questions like 'Do sports franchises always try to maximize profits?' 'How is the price of ticket to a particular sporting event determined?', "Should cities help fund the building if sports arenas?', and 'Do either fans or employers discriminate against players based on their ethnicity/race/nationality?'. To answer these questions, this course extends theories and models from various fields of economics (for example, Industrial Organization, Public Finance, and Labor Economics) to the domain of sports, The goal of this course is for students to be able to apply economic theory to a real world setting- a setting where data is readily available to test these theories. Therefore, in addition to the theoretical answer to these questions, this course discusses what empirical answer have been found to these same questions. 3 hours lecture.  (021847)  
Grade Basis: Graded  
Repeatability: You may take this course for a maximum of 3 units  
Course Attributes: Upper Division  
ECON 365  Environmental Economics  3 Units  GE  
Prerequisite: GE Oral Communication (A1); GE Written Communication (A2); GE Critical Thinking (A3); GE Mathematics/Quantitative Reasoning (B4) requirements, or consent of the instructor.  
Typically Offered: Fall and spring  
An analysis of the costs and benefits of environmental preservation. Systems for creating economic incentives for pollution abatement. Criteria for establishing optimum pollution abatement, including efficiency, safety, and sustainability standards. Impacts of population growth on global environmental problems. Alternative energy use patterns and their impact on energy markets and global environmental health. 3 hours lecture.  (002671)  
General Education: Upper-Division Social Sciences (UDD); Agriculture, Food, and Environment Pathway; California Studies Pathway; Sustainability and Climate Change Pathway  
Grade Basis: Graded  
Repeatability: You may take this course for a maximum of 3 units  
Course Attributes: Upper Division; Sustainable Course  
ECON 370  International Finance and Trade Policy  3 Units  
Prerequisite: ECON 103 or instructor permission.  
Typically Offered: Spring only  
A study on the theory of international finance and trade. In-depth analysis of what determines trade flows, gains from trade, and the international flow of capital and technology. Focus on international trade policies and institutions and a survey of current trade problems and conflicts. 3 hours lecture.  (002672)  
Grade Basis: Graded  
Repeatability: You may take this course for a maximum of 3 units  
Course Attributes: Upper Division  
ECON 375  The Developing Countries  3 Units  
Prerequisite: ECON 103.  
Typically Offered: Fall only  
This course surveys theoretical approaches and policy options to the problems of development and underdevelopment in Latin America, Africa, and Asia. Agricultural transformations, industrial development, balance of payments problems, the role of foreign aid, direct foreign investment, the economic role of international institutions such as the World Bank, and other related topics are included in this course. 3 hours lecture.  (002673)  
Grade Basis: Graded  
Repeatability: You may take this course for a maximum of 3 units  
Course Attributes: Upper Division; Sustainable Course  
ECON 380  Economic Statistics  3 Units  
Prerequisite: ECON 102 or ECON 103, MATH 105 or faculty permission.  
Typically Offered: Fall and spring  
The objective of this course is to show the relevance of statistic analysis for economics. Each topic is presented with an application of a macroeconomic or microeconomic theory. Real data is used in software applications for developing a conceptual understanding of the problem and for analyzing the data. 3 hours discussion.  (002675)  
Grade Basis: Graded  
Repeatability: You may take this course for a maximum of 3 units  
Course Attributes: Upper Division  
ECON 389  Internship  1-6 Units  
Typically Offered: Fall and spring  
This course is an internship offered for 1.0-6.0 units. You must register directly with a supervising faculty member. Field experience in working with economic data designed to complement the theoretical classroom curriculum and to give students work experience related to their studies. Placements are limited, so students must be screened. Units are dependent upon the number of hours in the field. May be repeated up to a maximum of 15 units. No more than 3 units can be counted toward 300-level Economics major requirement. 9 hours supervision.  (002677)  
Grade Basis: Credit/No Credit  
Repeatability: You may take this course for a maximum of 15 units  
Course Attributes: Upper Division  
ECON 398  Special Topics  1-3 Units  
Prerequisite: Department permission.  
Typically Offered: Fall and spring  
This course is for special topics offered for 1.0-3.0 units. Typically the topic is offered on a one-time-only basis and may vary from term to term and be different for different sections. See the Class Schedule for the specific topic being offered. 2 hours lecture.  (002679)  
Grade Basis: Graded  
Repeatability: You may take this course more than once  
Course Attributes: Upper Division  
ECON 399  Special Problems  1-3 Units  
Typically Offered: Fall and spring  
This course is an independent study offered for 1.0-3.0 units. You must register directly with a supervising faculty member. 9 hours supervision.  (002680)  
Grade Basis: Credit/No Credit  
Repeatability: You may take this course for a maximum of 6 units  
Course Attributes: Upper Division  
ECON 431HW  Theory of Money - Honors (W)  3 Units  W  
Prerequisite: ECON 302, acceptance into the Honors in the Major Program.  
Typically Offered: Fall only  
A survey course of monetary theories. The role of money in general equilibrium and exchange theory. Money in the classical system. Keynes' theory of money. Monetarism. Honors student enrolled in this class are held to more rigorous standards and expectations in both reading and writing assignments than students in ECON 431. 3 hours seminar.  (020735)  
Grade Basis: Graded  
Repeatability: You may take this course for a maximum of 3 units  
Course Attributes: Upper Division; Writing Course  
ECON 431W  Theory of Money (W)  3 Units  W  
Prerequisite: ECON 302.  
Typically Offered: Fall only  
A survey course of monetary theories. The role of money in general equilibrium and exchange theory. Money in the classical system. Keynes' theory of money. Monetarism. 3 hours seminar.  (002688)  
Grade Basis: Graded  
Repeatability: You may take this course for a maximum of 3 units  
Course Attributes: Upper Division; Writing Course  
ECON 440  Labor Economics  3 Units  
Prerequisite: ECON 301.  
Typically Offered: Fall only  
This course is designed to be an introduction to labor markets with emphasis on applied microeconomic theory. The course begins with the classical models of labor demand and labor supply. This framework is then used to discuss questions like 'How do individuals choose how much to work, it at all?', 'What are the effect of a minimum, wage on labor markets outcomes?', 'How do unions impact the labor market?', and 'Why does discrimination exist in a perfectly competitive market?'. In addition to looking at the theoretical answer to these questions, this course also discusses what empirical answers have been found to these same questions. 3 hours lecture.  (002690)  
Grade Basis: Graded  
Repeatability: You may take this course for a maximum of 3 units  
Course Attributes: Upper Division  
ECON 452  Health Economics  3 Units  
Prerequisite: ECON 380.  
Typically Offered: Spring only  
This course examines economics as it applies to global health. Students study the role health plays in economic development with emphasis on developing countries. While students learn some theories in health economics, development economics and econometrics sub fields, the bulk of the course load is applied centric. The course first provides students with a toolkit for analyzing issues related to global health economics and then requires them to apply these skills. 3 hours lecture.  (022007)  
Grade Basis: Graded  
Repeatability: You may take this course for a maximum of 3 units  
Course Attributes: Upper Division  
ECON 466HW  Environmental and Natural Resource Economics - Honors (W)  3 Units  W  
Prerequisite: ECON 301, acceptance into the Honors in the Major Program.  
Typically Offered: Fall only  
Economic theory and policy concerning optimization of resource use and pollution abatement. Incentive systems for generating optimum pollution abatement. Efficiency, safety, and sustainability standards as criteria defining the appropriate level of environmental preservation. Economically efficient rates of consumption for renewable and non-renewable resources. Case studies in resource exploitation assessing whether current use rates deviate from the optimum. Honors students enrolled in this class are held to more rigorous standards and expectations in both reading and writing assignments than students in ECON 466. 3 hours lecture.  (020739)  
Grade Basis: Graded  
Repeatability: You may take this course for a maximum of 3 units  
Course Attributes: Upper Division; Sustainable Course; Writing Course  
ECON 466W  Environmental and Natural Resource Economics (W)  3 Units  W  
Prerequisite: ECON 301.  
Typically Offered: Fall only  
Economic theory and policy concerning optimization of resource use and pollution abatement. Incentive systems for generating optimum pollution abatement. Efficiency, safety, and sustainability standards as criteria defining the appropriate level of environmental preservation. Economically efficient rates of consumption for renewable and non-renewable resources. Case studies in resource exploitation assessing whether current use rates deviate from the optimum. 3 hours lecture.  (002696)  
Grade Basis: Graded  
Repeatability: You may take this course for a maximum of 3 units  
Course Attributes: Upper Division; Sustainable Course; Writing Course  
ECON 470  International Economics  3 Units  
Prerequisite: ECON 301.  
Typically Offered: Fall only  
Economic problems arising out of economic relations and interactions among nations. Current theory of international trade, capital flows, and finance. International economic institutions and their relationship to American foreign policy. 3 hours seminar.  (002697)  
Grade Basis: Graded  
Repeatability: You may take this course for a maximum of 3 units  
Course Attributes: Upper Division  
ECON 470H  International Economics - Honors  3 Units  
Prerequisite: ECON 301, acceptance into the Honors in the Major Program.  
Typically Offered: Fall only  
Economic problems arising out of economic relations and interactions among nations. Current theory of international trade, capital flows, and finance. International economic institutions and their relationship to American foreign policy. Honors students enrolled in this class are held to more rigorous standards and expectations in both reading and writing assignments than students in ECON 470. 3 hours seminar.  (020740)  
Grade Basis: Graded  
Repeatability: You may take this course for a maximum of 3 units  
Course Attributes: Upper Division  
ECON 475  Open-Economy Macroeconomics  3 Units  
Prerequisite: ECON 302.  
Typically Offered: Spring only  
The main objective of this course is to develop macroeconomics models that apply to the international economic phenomena. The first part of the course discusses the main theories which are combined into a unifying theoretical framework and applied to actual policy issues. The second part of the course covers relatively new topics in international macroeconomics such as stabilization policies, macroeconomics policy coordination, optimum currency areas, and proposed reforms in the international financial system. Honors students enrolled in this course are held to more rigorous standards and expectations in both readings and writing assignments. 3 hours discussion.  (021226)  
Grade Basis: Graded  
Repeatability: You may take this course for a maximum of 3 units  
Course Attributes: Upper Division  
ECON 476  Issues in Global Environment and Development  3 Units  
Prerequisite: ECON 301.  
Typically Offered: Spring only  
Explores the issues in poverty and economic development as they relate to climate change, gender, and international trade. 3 hours discussion.  (021227)  
Grade Basis: Graded  
Repeatability: You may take this course for a maximum of 3 units  
Course Attributes: Upper Division  
ECON 481  Introductory Econometrics  3 Units  
Prerequisite: ECON 301, ECON 302, ECON 380.  
Typically Offered: Fall only  
Use of mathematics and statistics to design and test econometric models. 3 hours discussion.  (002699)  
Grade Basis: Graded  
Repeatability: You may take this course for a maximum of 3 units  
Course Attributes: Upper Division  
ECON 481H  Introductory Econometrics - Honors  3 Units  
Prerequisite: ECON 301, ECON 302, acceptance into the Honors in the Major Program.  
Typically Offered: Fall only  
Use of mathematics and statistics to design and test econometric models. Honors students enrolled in this class are held to more rigorous standards and expectations in both reading and writing assignments than students in ECON 481. 3 hours discussion.  (020741)  
Grade Basis: Graded  
Repeatability: You may take this course for a maximum of 3 units  
Course Attributes: Upper Division  
ECON 483  Econometrics II  3 Units  
Prerequisite: ECON 380, ECON 481.  
Typically Offered: Spring only  
This course provides tools of applied econometric analysis by building upon the concepts of econometrics and regression analysis attained in Econ 481. The students will be working closely with data as well as statistical software and use applied econometric methods beyond the linear regression model. 3 hours seminar.  (002701)  
Grade Basis: Graded  
Repeatability: You may take this course for a maximum of 3 units  
Course Attributes: Upper Division  
ECON 495W  Capstone in Economics (W)  3 Units  W, GW  
Prerequisite: GE Written Communication (A2) requirement, ECON 102, ECON 103, ECON 301, ECON 302, ECON 380 and senior status.  
Typically Offered: Fall and spring  
Students review selected economic literature and complete written assignments that relate readings to their area of interest in economics. Class meetings provide opportunities for constructive critiques from the instructor, feedback from other students, in-class writing, and oral presentations. The course is also used for program assessment. Honors in the Major students can substitute ECON 499H for ECON 495. 3 hours seminar.  (002704)  
Grade Basis: Graded  
Repeatability: You may take this course for a maximum of 3 units  
Course Attributes: Upper Division; Writing Course; Graduation Writing Assessment  
ECON 498  Special Topics in Economics  1-3 Units  
Typically Offered: Fall and spring  
This course is for special topics offered for 1.0-3.0 units. Typically the topic is offered on a one-time-only basis and may vary from term to term and be different for different sections. See the Class Schedule for the specific topic being offered. 3 hours supervision.  (002721)  
Grade Basis: Graded  
Repeatability: You may take this course more than once  
Course Attributes: Upper Division  
ECON 499  Special Problems  1-3 Units  
Prerequisite: Faculty permission.  
Typically Offered: Fall and spring  
This course is an independent study of special problems offered for 1.0-3.0 units. You must register directly with a supervising faculty member. 3 hours supervision.  (002722)  
Grade Basis: Credit/No Credit  
Repeatability: You may take this course for a maximum of 6 units  
Course Attributes: Upper Division  
ECON 499HW  Honors Independent Study in Economics (W)  3 Units  W, GW  
Prerequisite: Admission to Honors in Economics Program, GE Written Communication (A2) requirement, ECON 301 or ECON 302, faculty permission.  
Typically Offered: Fall and spring  
As part of the 400-level economics courses used for admission to the honors program, students undertake a research project on a topic approved by the course and honors instructors. In ECON 499H, students complete the project undertaken in the first semester and meet all course requirements for ECON 499H, including a public presentation of their research. Because ECON 499H is a writing proficiency course, students completing this course with a B or higher are not required to take ECON 495. 3 hours supervision.  (002723)  
Grade Basis: Report in Progress: Graded  
Repeatability: You may take this course for a maximum of 6 units  
Course Attributes: Upper Division; Writing Course; Graduation Writing Assessment  
ECON 697  Independent Study  1-3 Units  
Typically Offered: Fall and spring  
9 hours supervision.  (020123)  
Grade Basis: Report in Progress: Graded  
Repeatability: You may take this course for a maximum of 6 units  
Course Attributes: Graduate Division