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BUSC - Economics Courses
 
   
 

 

  • BUSC - Economics Courses:     
  • BUSC 1A
  • BUSC 1AH
  • BUSC 1B
  • BUSC 1BH
  • BUSC 17
Economics Course Image. The Business Administration department offers these five 'BUSC' Economics' Courses:
  • BUSC 1A - Principles of Economics
                         - Macroeconomics
  • BUSC 1AH - Principles of Economics
                         - Macroeconomics - Honors
  • BUSC 1B - Principles of Economics
                         - Microeconomics
  • BUSC 1BH - Principles of Economics
                          - Microeconomics - Honors
  • BUSC 17 - Applied Business Statistics
Click on any of the tabbed links above to view detailed information about a course.
BUSC 1A Course Image
This course presents principles of aggregate economic analysis; economic cycles including recession, unemployment, inflation and economic growth; national income accounts; money and financial institutions; monetary and fiscal policy; alternative economic viewpoint; budget deficits and public debts; international trade and finance.
(54 hours lecture;      Degree applicable, CSU, UC)

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Course Level Student Learning Outcomes:


Students completing BUSC 1A - Principles of Economics - Macroeconomics will:
  1. correctly know the use of fiscal policy and will be able to comment on the fiscal policy used by the government.
  2. know Fiscal Policy, various types of Fiscal Policies, and the tools available to the federal government to use Fiscal Policy.  The students will also know the diffeence between an expansionary and a contractionary fiscal policy.
  3. correctly know the use of monetary policy and make be able to comment on the monetary policy being used by the FED.
  4. know the monetary policy and the tools available to the Fed to use a certain type of monetary policy.  The students will know the difference between an expansionary monetary policy and a contractionary monetary policy.
  5. be able to discuss current fiscal policy of the federal government and will be able to form their opinion.
  6. be able to discuss current monetary policy of the Federal Reserve System and will be able to form their opinion.

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BUSC 1AH Course Image
This course presents principles of aggregate economic analysis; economic cycles including recession, unemployment, inflation and economic growth; national income accounts; money and financial institutions; monetary and fiscal policy; alternative economic viewpoint; budget deficits and public debts; international trade and finance.

An honors course designed to provide an enriched experience.
Students may not receive credit for both BUSC 1A and BUSC 1AH.
(54 hours lecture;      Degree applicable, CSU, UC)
Prerequisite: Acceptance into the Honors Program

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Course Level Student Learning Outcomes:


Students completing BUSC 1AH - Principles of Economics, Macroeconomics will:
  1. correctly know the use of monetary policy and make comments on the monetary policy being used by the FED.
  2. correctly know the use of fiscal policy and will be able to comment on the fiscal policy used by the government.
  3. be able to analyze the relationship between social, political, and/or economic institutions and human behavior.
  4. know the monetary policy and the tools available to the Fed to use a certain type of monetary policy.

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BUSC 1B Course Image
This course presents economic analysis with emphasis on price and distribution theory, scarcity, opportunity costs, supply, demand, elasticity of supply and demand, consumer's behavior, cost theory and output determination under various market structures, factor markets, public choice, income distribution, externalities and government regulation, comparative economic systems, and international finance.
(54 hours lecture;      Degree applicable, CSU, UC)

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Course Level Student Learning Outcomes:


Students completing BUSC 1B - Principles of Economics - Microeconomics will:
  1. correctly know producers' behavior to maximize their profit by allocating scarce resources to produce different commodities.
  2. correctly know consumers' behavior to maximize their utility in allocating scarce resources to satisfy thier infinite wants.
  3. be able to choose quantities of different commodities having different price tags by spending limited amount of money to maximize satisfaction
  4. be able to use producer's behavior to determine price of the product they produce under various market situations to maximize profit

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BUSC 1BH Course Image
This course presents economic analysis with emphasis on price and distribution theory, scarcity, opportunity costs, supply, demand, elasticity; price,consumer's behavior; cost theory and output determination under various market structures such as competition, monopoly etc; factor markets; public choice; income distribution; externalities and government regulation; comparative economic systems; international finance.

This is an honors course designed to provide an enriched experience.
Students may not receive credit for both BUSC 1B and BUSC 1BH.
(CAN ECON 4)
(54 hours lecture;      Degree applicable, CSU, UC)

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Course Level Student Learning Outcomes:


Students completing BUSC 1BH - Principles of Economics, Microeconomics - Honors will:
  1. correctly know the consumers' behavior to maximize their utility by allocating scarce resources.
  2. correctly know the producers behavior to maximize their profit by allocating scarce resources.
  3. know to allocate scarce resources on various commodities to maximize satisfaction
  4. be able to use producer's behavior to determine price of the product they produce under various market situations to maximize profit

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BUSC 17 Course Image
This course presents statistical reasoning and application of primary statistical techniques used in solving managerial problems. Topics include: collection and interpretation of data, measures of central tendency and dispersion, probability distributions, sampling and estimation, hypothesis testing, analysis of variance, linear regression and correlation and index numbers.
(54 hours lecture;      Degree applicable, CSU, UC)

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Course Level Student Learning Outcomes:


Students completing BUSC 17 - Applied Business Statistics will:
  1. be able to write a complete research survey questionnaire.
  2. be able to collect both primary and secondary data.
  3. be able to tabulate and graph the collected data.
  4. be able to analyze the data critically and will be able to suggest recommendations.

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