Economics

Economics, with applications in both business and the social sciences, examines the production, distribution, and consumption of goods and services as well as the theory and management of economies and how the choices made by individuals, firms, and governments impact scarce resources.

In macroeconomics, the topics include:

  • economics resources,
  • government expenditures and taxation,
  • unemployment and inflation,
  • monetary policy and the banking system,
  • national income determination,
  • business cycles,
  • fiscal policy,
  • international economics, and
  • economic growth.

In microeconomics, the topics include:

  • price determination,
  • economic analysis of firms,
  • market structures,
  • distribution of income, and
  • labor and unions.

Economics courses satisfy general education requirements for an associate degree and for lower division transfer. The Honors Program includes one economics course: ECON 101H Principles of Macroeconomics - Honors. Courses are offered during the day and evening and during early and late start and sessions online.

Faculty

NameOffice Room NumberPhoneEmail
Styles, Christine CI 244626-852-6405cstyles@citruscollege.edu
Zawahreh, Louie CI 253626-914-8879lzawahreh@citruscollege.edu

Contact Information

Division
Social and Behavioral Sciences
Dean
Dr. Dana Hester
Administrative Secretary
Gayle Allen
Division Office
CI 120
Division Phone Number
626-914-8860

This discipline prepares students to do the following:

  • Analyze the characteristics of an industry to determine its degree of competition and the type of market structure.
  • Use technology and math in the calculation of costs of production and determining a corresponding level of production and price given the type of market in which a firm is operating to prepare the students for success in upper division economics and business classes.
  • Demonstrate understanding the workings of a market including demand, supply, and the price system by predicting changes to demand, supply, and prices as a result to events, graphing curves, calculation of quantities and prices for evaluating information analytically and making better decisions in business.
  • Identify conditions that would result in market failure such as pollution, inequality in the distribution of income, market power, and lack of public goods to formulate coherent opinions about public policies and promote active citizenship.
  • Use the computer for research, computation, and word processing for written reports, conducting online quizzes, graphing, solving problems, and communicating when collaborating with their peers to become aware of avail- able tools and resources.
  • Demonstrate understanding of the concepts of scarcity and choice, which define the field of economics to make better decisions as consumers and in business.
  • Locate, organize, and analyze information regarding the measurement of the macro economy using technology, basic math skills, and computer proficiency and present the findings.
  • Compare and contrast the main theories that explain macroeconomic activities including recessions, expansions, employment, and inflation and to show the differences using graphs and calculations to demonstrate an under- standing of government policy and its implications in these areas.
  • Develop an understanding of the theories and patterns of international trade and its effects on societies in terms of standards of living, productivity, labor markets and the environment to promote respect for others and cultural awareness.
  • Use the computer for research, computation, and word processing for written reports, conducting online quizzes, graphing, solving problems, and communicating when collaborating with their peers to become aware of available tools and resources.

ECON 100
Survey of Economics
3 Units (AA/AS; CSU; UC; IGETC 4B; Citrus GE; CSUGE D2)
54 lecture hours

Grade Mode: Pass/No Pass, Standard Letter

Strongly recommended: MATH 030; ENGL 099 if required by English placement or if required by English level.

Introduction to the concepts and tools of economic analysis, especially as they apply to the United States economy. The major topics studied are business organizations, government expenditures and taxation, business cycles, price determination, the distribution of income and economic growth.

ECON 101
Principles of Macroeconomics
3 Units (AA/AS; CSU; UC; IGETC 4B; Citrus GE; CSUGE D2)
54 lecture hours
Equivalent to: ECON 101H

Grade Mode: Pass/No Pass, Standard Letter

Prerequisite(s): MATH 030 or higher.

Strongly recommended: ENGL 099 if required by English placement exam or if required by English level.

Introduction to the theory of aggregate economic analysis. Emphasis is on demand and supply, market systems, national income accounting, business cycles, unemployment, inflation, economic growth, macroeconomic equilibrium, money and banking, fiscal and monetary policy, international trade and finance.

ECON 101H
Principles of Macroeconomics - Honors
3 Units (AA/AS; CSU; UC; IGETC 4B; Citrus GE; CSUGE D2)
54 lecture hours
Equivalent to: ECON 101

Grade Mode: Standard Letter

Prerequisite(s): Student must be eligible for the Citrus College Honors Program or obtain a recommendation from an Honors instructor.

Strongly recommended: MATH 030; ENGL 099 if required by English placement or if required by English level.

A macro economics course that focuses on aggregate economic analysis and its applications. Topics include: theory of market systems; economic cycles including recession, unemployment and inflation; national income accounts; macroeconomic equilibrium; money and financial institutions; monetary and fiscal policy; and international trade and finance. It also tackles the application of the theory to different economic issues, such as the energy market, outsourcing and unemployment, lending practices among financial institutions and its effects on the real estate market, the budget deficit, the trade deficit, national health care proposals, and immigration. Students are expected to participate at an honors level which includes research of the application cases, analysis of issues, and strong critical thinking and writing skills to evaluate current policies and generate optimal solutions.

ECON 102
Principles of Microeconomics
3 Units (AA/AS; CSU; UC; IGETC 4B; Citrus GE; CSUGE D2)
54 lecture hours

Grade Mode: Pass/No Pass, Standard Letter

Prerequisite(s): ECON 101 or ECON 101H; MATH 030 or higher.

Strongly recommended: ENGL 099 if required by English placement exam or if required by English level.

An introductory course focusing on decision making from the viewpoint of the individual consumer, worker and firm. Emphasis is on price analysis, efficient allocation of resources, production costs, market structures, labor markets, market failure and applications to current economic policy.

Associate Degree