Recent SemestersFall 2026, Summer 2026, Spring 2026, Fall 2025, Summer 2025Class Size7–80 studentsCredits3PrerequisiteMATH V01 (Elementary Algebra) or placement as determined by the college's multiple measures assessment process Transfers ToUC and CSUCal-GETC Area 4 · IGETC Area 4B · CSU GE Area D2 · CSU GE Area DDescriptionThis course is a continuation of the broad and comprehensive introduction to the operation of the American economy but with emphasis on microeconomics. Microeconomics is concerned with the small economic units: an individual household, firm, and industry. Microeconomics involves the study of scarcity, specialization and trade, market equilibrium, elasticity, production and cost theory, market structures, factor markets, and market failure, consumer behavior, the operation of the firm, and the competitive, monopolistic-competitive, oligopolistic, and monopolistic structures of industries. International trade and finance, comparative economic systems, and economic growth and development are also examined.Usually HeldMon Wed 11:30am–12:45pm, Tue Thu 10:00am–11:15am, Tue Thu 10:00am–11:20am