Apr 22, 2024  
2023-2024 College Catalog 
    
2023-2024 College Catalog [ARCHIVED CATALOG]

ECN 150HC - An Economics Perspective: Honors

3 Credits, 3 Contact Hours
3 lecture periods 0 lab periods

The study of the interactions of individuals and societies from the viewpoint of economics. Includes introduction to economics, conventional economic theory, economic policies and diverse populations, contemporary microeconomic and macroeconomic issues, and practical applications in relation to civic engagement. Also includes additional Honors content.

Information: Must quality for Honors program and obtain instructor or advisor/counselor approval to register for this course. Honors Content: Intensive research using highest standards and best practices for the discipline, and a significant number/variety of readings of both primary and secondary sources; a high quality, peer reviewed paper or project in a format appropriate for the discipline; presentation of research, in class or to a wider audience.
Gen-Ed: Meets AGEC - SBS and G; Meets CTE - SBS and G.



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Course Learning Outcomes
  1. Identify underlying concepts used in economics, the philosophy of economics, and the history of economic thought. 
  2. Distinguish between the production possibilities curve (PPC) and market analysis.
  3. Examine contemporary microeconomic issues, including income distribution, market power, and the environment. 
  4. Debate contemporary macroeconomic issues, including deficits and debt, international trade, and inflation and unemployment. 
  5. Specify the ways in which economic policies impact diverse populations. 
  6. Determine views on contemporary economic issues as a result of exposure to economic ways of thinking.
  7. Students will engage in intensive research using highest standards and best practices for the discipline. 

Outline:
  1. Introduction
    1. Underlying concepts used in economics
    2. Philosophy of economics
    3. History of economic thought
  2. Conventional Economic Theory
    1. Production possibilities curve (PPC)
    2. Market analysis: supply and demand
  3. Economic Policies and Diverse Populations
    1. The role of government
    2. Efficiency vs. equity
    3. The interplay between politics and economics
  4. Contemporary Microeconomic Issues
    1. Income distribution 
    2. Market power
    3. The environment
    4. Analyses of other microeconomic issues
  5. Contemporary Macroeconomic Issues
    1. Deficits and debt
    2. International trade
    3. Inflation and unemployment
    4. Analyses of other macroeconomic issues
  6. Practical Applications 
    1. Participant views on contemporary economic issues
    2. Civic engagement


Effective Term:
Full Academic Year 2019/2020