Recent SemestersSpring 2027, Fall 2026Class Size45 studentsCredits3PrerequisiteAcceptance into the College Honors Institute and eligibility for MATH 095 as determined by the Crafton Hills College assessment process Transfers ToCSUDescriptionAn introduction to economic principles that govern production, exchange, distribution and consumption in a capitalist economy. Topics include supply and demand, consumer theory, production theory, and price formation in competitive and noncompetitive markets, theory of comparative advantage and international trade. Issues including scarcity, market equilibrium, elasticity, production and cost theory, market structures, and market failure are also examined. This course includes content and experiences appropriate for students wishing to earn honors credit.Usually HeldMon Wed 12:45pm–2:10pm 