Economics

Program Plan

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Economics
3.0 credits ECON-212: Economic Development of the US
This course is a history of economic development in the United States from colonial days to the present. Such issues as the transformation of America from an agricultural economy to an industrial economy and finally to a post-industrial age are discussed. The changing roles of government, education, money and banking, and industry are major topics.
Offered: DMND
3.0 credits ECON-251: Macroeconomics
Covers supply and demand, the danger of price controls, the role of government in free markets, international trade, international finance, currency exchange rates, purchasing power parity, the balance of payments, the tax structure, national income accounting, elements of long-run economic growth, inflation, unemployment, the business cycle, economic models explaining changes in the business cycle, fiscal policy, monetary policy, and the money supply. The application of economics to the financial markets is stressed along with economic indicators. [NM Common Course Number ECON 2113, Area IV; Behavioral/Social Science Core]
Prerequisites: Take RDNG-095, ENGL-099, and MATH-096 or appropriate Reading, English and Math Accuplacer Scores.
Offered: ALL
3.0 credits ECON-252: Microeconomics
Covers the history of economic development, comparisons of the major economic systems, supply and demand, price controls, price elasticity of demand, the distribution of income, social security, problems with measuring income demographic effects on the economy, the cost structure of firms, perfect competition, monopoly, monopolistic competition, oligopoly, economies of scale, monopoly regulation, labor markets and an examination of the economy's effect on the environment. The application of economics to the financial markets is stressed. [NM Common Course Number ECON 2123, Area IV; Behavioral/Social Science Core]
Prerequisites: Take RDNG-095, ENGL-099 and MATH-096 or appropriate Reading, English and Math Accuplacer Scores.
Offered: ALL
1.0 - 3.0 credits ECON-295: SPTO: (Special Topics)
Special or specific topic course to meet the needs of students. Topics and credits are announced in the Schedule of Classes. These courses may be used as electives for Associate degree requirements. May be repeated one or more times for additional credit. No more than 6 credits of special topic courses can be used toward a degree.
Offered: DMND