Apr 23, 2024  
2020-2021 Catalog 
    
Catalog Navigation
  Publication Home
  President’s Welcome

  Programs of Study (A to Z)
  Programs of Study by Degree
  Programs of Study by Division
  Online Degrees
  Course Descriptions

  Admissions Policies
  College Costs
  Financial Aid

  Academic Policies
  Academic Calendar
  General Education
  Transfer Information

  About the College
  SCC Quick Links
  Services for Students
  Disclaimers & Notifications
HELP
2020-2021 Catalog Archived

ECO 201 - Economic Concepts

Class: 3 Credits: 3
This course is a study of micro- and macro-economic concepts and selected economic problems.
Prerequisite(s): Take ENG 032 , RDG 032 , and MAT 032  with a minimum grade of “C”.
Course Topics:

  • Opportunity Cost
  • Comparative Advantage
  • Supply and Demand
  • Price elasticity
  • Production and Cost
  • National Income Accounting
  • Labor Market
  • Monetary Policy
Textbooks:
Textbook information can be found on the Book Inn Web site
Required Materials:

  • Computer with Internet access
  • Word processing software (must be able to save in Word format)
  • Anti-virus software.
  • Online component access code required for online sections only.
Grading System:
A 90 - 100
B 80 - 89
C 70 - 79
D 60 - 69
F 0 - 59
Student Learning Outcomes:

  1. Construct a marginal analysis of costs and benefits resulting in efficient resource allocation.
  2. Interpret supply and demand models.
  3. Calculate price elasticity, income elasticity, and cross elasticity.
  4. Analyze short-run and long-run production cost
  5. Apply profit maximization rules to perfectly competitive market structures.
  6. Examine the national income accounting process.
  7. Calculate unemployment and other labor market statistics.
  8. Assess monetary policy strategies used to promote stability in the business cycle.
For SCC Online Courses:
If the course you are taking is online, please review the SCC Online Policies that include:

  • Required materials for all online courses
  • Mandatory Attendance Requirement
  • Proctored Exams
Face Covering Requirements:
All faculty, staff and students must wear a face mask/covering at all times (absent a medical condition) on all SCC campuses when safe social distancing measures are not possible or difficult to follow. For further details, refer to the Student Guidelines for Face Coverings and Social Distancing on the SCC Coronavirus COVID-19 Information page.
Standard SCC Course Policies:
Please review the Standard SCC Course Polices on the following topics:

  • Academic Integrity
  • Academic Misconduct
  • Add/Drop period
  • Appeals Process
  • Class Attendance
  • Classroom Behavior (traditional and online)
  • Classroom Conduct/Expectations
  • Lab Procedures (general SCC policy regarding this)
  • Online Confidentiality
  • Services For Students with Disabilities
  • Withdrawal Policy


SCC Logo
Official Course Syllabus
2020-2021