Recent SemestersSpring 2027, Fall 2026, Summer 2026Class Size34–45 studentsCredits3PrerequisitePlacement Level: Eligibility for MATH-542 (intermediate algebra) or higher-level math course as determined by the Chaffey College placement process. Transfers ToNot transferableDescriptionAn introductory course using microeconomic models to understand individual decisions by consumers and firms, market outcomes including market failure, elasticity, market structures, labor markets, inequality, and the impact of government policies. Part 2: Additional topics include scarcity; specialization and trade; production and cost theory; factor markets; effects of taxes on individuals and businesses; income distribution and poverty; economics of race, gender, and culture; and market failure. May be offered as an Honors course. Note: ECON C2001 replaced ECON 4 beginning with the fall 2026 term.Usually HeldMon Wed 11:00am–2:20pm, Tue Thu 10:30am–12:20pm, Tue Thu 11:00am–12:50pm 