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

Quarter: Fall
Day(s): Tuesdays
Course Format: Live Online (About Formats)
Duration: 7 weeks
Date(s): Oct 5—Nov 16
Time: 7:00—8:50 pm (PT)
Refund Deadline: Oct 7
Unit: 1
Tuition: $495
Instructor(s): Denise Geschke
Class Recording Available: Yes
Status: Open
 
DOWNLOAD THE SYLLABUS » (subject to change)
Fall
Live Online(About Formats)
Tuesdays
7:00—8:50 pm (PT)
Date(s)
Oct 5—Nov 16
7 weeks
Refund Date
Oct 7
1 Unit
Fees
$495
Instructor(s):
Denise Geschke
Recording
Yes
Open
DOWNLOAD THE SYLLABUS » (subject to change)
The ultimate purpose of economics, of course, is to understand and promote the enhancement of well-being.—Ben Bernanke, Former Federal Reserve Chairman

In today’s rapidly shifting economic landscape, understanding the concepts of economics is more crucial than ever. Economics underpin the strategic or investment decisions we make in our business lives and guide our personal finance plans. 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 these daily activities? How will such macroeconomic concepts as gross domestic product, interest rates, and government influence on the marketplace, affect national and global economic conditions in the months and years to come? This course explores the concepts of economics using examples from current events. We will first review 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. Students will come away with an enhanced understanding of the economic forces at play in our changing world.

DENISE GESCHKE
Business Educator; Certified Public Accountant

Denise Geschke has taught economics, business, and accounting at Foothill College. She has served on the board of the San Francisco Gay Men’s Chorus, as a participant in the Silicon Valley Social Venture Fund, and as an appointed member of the Los Altos School District’s Citizens' Advisory Committee for Finance. She received an MBA from UCLA.

Textbooks for this course:

(Recommended) N. Gregory Mankiw, Essentials of Economics, 9th Edition (ISBN 0-357-13351-X)