With a focus on the US economy, Economics 1 covers various macroeconomic issues such as national output, unemployment, inflation, public finance, money & banking, and fiscal & monetary policies. It is designed to introduce students to the functioning of a market-oriented economic system, as well as the role of government in a market economy. The primary objective of this course is to develop a foundation for more advanced study in business and economics, but it also provides information that is basic to inquiry in many other disciplines. 

After completing Economics 1, Principles of Macroeconomics, students will be able to:

1. Analyze and interpret macroeconomic data and the criteria used by economists to evaluate economic outcomes

2. Describe the institutional structure of a modern capitalist economy, including the public and private sectors

3. Apply macroeconomic models to explain the behavior of the economy

4. Analyze the economic impacts of monetary and fiscal policy

5. Describe and analyze the function of money, the central bank and the banking system

6. Explain the determinants of the balance of trade

Requisites/Advisories
PREREQ: Elementary algebra or higher

Transferability
UC/CSU

Grading Options
Letter, Pass/No Pass

Important Dates for Regular Classes

• Class Begins: August 16

• Last Day to Enroll: September 1, 2023

• Last Day for Refund: August 29, 2023

• Last Day to Drop: September 1, 2023

• Last Day to Withdraw: November 2, 2023

• Last Day to Elect Pass/No Pass: November 2, 2023

• Final Exam Period: December 13 - December 19

Important Dates for City Online Classes

• Class Begins: August 28

• Last Day to Enroll: September 15, 2023

• Last Day for Refund: September 7, 2023

• Last Day to Drop: September 15, 2023

• Last Day to Withdraw: November 20, 2023

• Last Day to Elect Pass/No Pass: November 20, 2023

• Class Ends: August 19.

Adds

If you would like to add this course, please put your name on the wait list. Please submit add authorization request on the first day of class. You may add the class if your request approved. 

Before the class begins: Once the class is full, students are able to request placement on the wait list before the class begins. The wait list has ten spots. If a spot opens up in the class before it begins, the registration system will contact the first person on the wait list via CCSF email to offer them the spot. Wait list students are given a window of time (24 hours) to add the class before their spot is offered to the next student on the wait list. You must check your CCSF email every day. If you are offered a spot in the class and you miss your window, you will be removed from the wait list and your spot will be offered to the next student on the list.

After the class begins: Once the class has begun, the wait list is no longer valid. After the course has begun, all students who were previously on the wait list need to add themselves to the “Class Add Request” list ASAP. Any student can add themselves to the “Class Add Request” list. If there are any open spots in the class after it begins, I will authorize adds for as many spots that are available from the “Class Add Request” list in numerical order on the first day of class and throughout the first few days of the course. You must check your CCSF email every day. If you are offered a spot in the class and you miss your window, you will be removed from the “Class Add Request” list and your spot will be offered to the next student on the list.

Drops

Students, who show no activity by the census date will be dropped from the class. In order to avoid being dropped during the census period, complete your Module 1 assignments by their due dates. 

In order to withdraw from a course, it is not sufficient to stop posting assignments or contributing to discussion. In accord with university policy, students wishing to withdraw from a course must do so formally through the Registrar’s office. It is the student’s responsibility to complete all forms. If this is not done, the instructor must assign a grade of FW at the end of the semester.