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Eastern Iowa Community College District
Catalog 2004 - 2006
Arts and Sciences
Economics (EC)
EC:102 Introduction to Economics 3 cr.
A brief presentation of the economic problems facing every society through the study of macroeconomic and microeconomic principles; with emphasis on every day problems.
(59.4 Lec. Hrs.)
EC:110 Economics - Macro 3 cr.
Discusses issues confronting society as a result of economic scarcity. Examines the systematic approach to these issues as it has developed in the U.S., where markets and government combine to determine the economic decision-making process. Emphasis is placed on the fiscal and monetary policies of government, undertaken to modify the instability that occurs in the private sectors. Includes the importance of international trade for U.S. well-being.
This course satisfies a general education requirement in the Social Sciences Area.
(59.4-79.2 Lec. Hrs.)
EC:115 Economics - Micro 3 cr.
Examines how the market system resolves the economic problems of scarcity. Topics explored are supply and demand theory, the varying degrees of competition found in the market, consumer choice, production cost and output in the short and long term, and the pricing and employment of resources. The impact of international trade on the above topics may also be discussed (instructor discretion).
This course satisfies a general education requirement in the Social Sciences Area.
(59.4-79.2 Lec. Hrs.)
EC:221-222 Readings in Economics 1-2 cr.
Designed to provide additional readings in economics, allowing the student to obtain a greater understanding of the various problem areas of this discipline.
(39.6-79.2 Lab Hrs.)
Prerequisite: EC:110 or EC:115.
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