ECON 5 - Fundamentals of Economics

3 units
3 hours lecture
Recommended Preparation: eligibility for ENGL 1A
Credit, degree applicable
Transfer CSU, UC*

In this course, students are introduced to the study of how a market economy solves the problem that the scarcity of resources and goods imposes on a society. Supply and demand concepts, the effects of controls on the economy, unemployment and inflation, and the principles of international trade and finance are also discussed.

Note: Students will not receive UC credit for Economics 5 if taken after ECON 1 or ECON 2.