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BUS 249 — An Introduction to Economics: Understanding the Changing World

Quarter: Fall
Day(s): Wednesdays
Course Format: Live Online (About Formats)
Duration: 7 weeks
Date(s): Oct 14—Dec 2
Time: 7:00—8:50 pm (PT)
Drop Deadline: Oct 16
Unit: 1
Tuition: $495
Instructor(s): Denise Geschke
Limit: 60
Status: Open
Please Note: No class on November 25. In addition, some of our refund deadlines have changed. See this course's drop deadline above and click here for the full policy.
Fall
Live Online(About Formats)
Wednesdays
7:00—8:50 pm (PT)
Date(s)
Oct 14—Dec 2
7 weeks
Drop By
Oct 16
1 Unit
Fees
$495
Instructor(s):
Denise Geschke
Limit
60
Open
Please Note: No class on November 25. In addition, some of our refund deadlines have changed. See this course's drop deadline above and click here for the full policy.
The ultimate purpose of economics, of course, is to understand and promote the enhancement of well-being. — Ben Bernanke, Former Federal Reserve Chairman

In the unprecedented and rapidly changing economic landscape we find ourselves in, the concepts of economics are more crucial than ever as we make strategic or investment decisions in our business lives and plan our personal finances. How do inflation, unemployment, economic growth, market cycles (boom and bust), interest rates, government spending, and taxes work in concert and in conflict to impact our daily lives? How will macroeconomic concepts, including gross domestic product, interest rates, and government influence on the marketplace, affect national and global economic conditions in the months and years to come?
Using examples from current events, this course will explore the concepts of economics in an engaging, easily absorbable format. We will begin by reviewing the fundamentals, including supply and demand, opportunity cost, and an overview of the US economy. From there, we will delve into production costs, competition, and economic policy. We will also explore the incentives and trade-offs that influence individuals, businesses, and governments, and consider consumer behavior and the power of expectations. Our approach to studying economics will be practical, timely, and relevant, and students will come away with an enhanced understanding of the economic forces in our changing world.

Denise Geschke, Business Educator; Certified Public Accountant

Denise Geschke has been actively involved in the Silicon Valley community for nearly two decades. She has taught economics, business, and accounting at Foothill College and has served on the board of San Francisco Gay Men's Chorus and was a participant in the Silicon Valley Social Venture Fund and an appointed member of the Los Altos School District's Citizen's Advisory Council for Finance. Geschke received an MBA from UCLA.

Textbooks for this course:

(Recommended) N. Gregory Mankiw, Essentials of Economics, 9th Edition (ISBN 0-357-13351-X)
DOWNLOAD THE PRELIMINARY SYLLABUS » (subject to change)