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Official Course Description:
MCCCD Approval: 12-14-1993 |
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ECN160
1994 Spring – 1994 Summer
II |
LEC
3.0 Credit(s) 3.0 Period(s) 3.0 Load Acad |
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Economic
History of the United States |
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A description of the trends of American population,
industry, and wealth through examination of major American institutions,
historical events, and economic thought. Emphasis on the roles of technology
and natural resources in agriculture and industry, the labor force, the
monetary system, market structures, and the economic impact of government. Prerequisites: None. |
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Go to Competencies Go to Outline
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MCCCD
Official Course Competencies: |
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ECN160 1994
Spring – 1994 Summer II |
Economic History of the United States |
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1.
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Describe
economic development in the colonial and early national period, including
demographic changes, expansion of the agricultural sector, industrial
development, and the distribution of income and wealth. (I) |
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2.
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Describe
economic developments leading up to the Civil War and the economic
transformations of the postbellum period, including
the reconstruction of the South and the expansion of the transportation
system, financial institutions, urbanization, immigration, and the
"American System" of manufacturing. (II) |
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3.
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Describe
economic developments from 1890 to 1929, including demographic changes and
industrial growth and diversification. (III) |
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4.
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Trace rising
governmental intervention in the economy during the Progressive Era through
antitrust legislation, creation of the Federal Reserve System, and imposition
of the income tax. (III) |
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5.
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Describe trends in labor organization and unionization.
(III) |
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6.
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Describe
economic developments of the Great Depression and WWII eras, including crises
in the financial, industrial, and foreign trade sectors, government policies
undertaken to aid the economy, and changes required by U.S. involvement in
WWII. (IV) |
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7.
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Trace the
development of the American standard of living, industrial maturity, and
distribution of income and wealth from the colonial period to the present,
using various statistical measurement techniques. (I-IV) |
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8.
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Relate the roles that various specific individuals played
in the economic development of the country. (I-IV) |
Go to Description Go to top of
Competencies
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MCCCD
Official Course Outline: |
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ECN160 1994
Spring – 1994 Summer II |
Economic History of the United States |
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I. Economic growth in the
colonial and early national period to 1790 A. The institutional
framework 1. The early colonial
settlements 2. The American colonies
and the British Empire B. Demographic change 1. Sources of population
change 2. Immigration 3. The slave trade C. Economic growth 1. Factors of production 2. Industries D. International trade 1. Expansion of trade 2. Trading partners E. Structural change 1. Spatial distribution of
population and production 2. Transportation systems F. Monetary change and
public finance 1. The money supply 2. Public finance in the
colonial period G. Distribution of income
and wealth and quality of life II. Stirrings of a modern
economy: 1790-1890 A. Institutional change 1. The Civil War:
redefinition of property rights 2. The populist era B. Demographic change 1. Sources of population
growth 2. Immigration C. International trade and
trade policy D. Structural change 1. Changes in industrial
structure 2. Changes in
transportation systems 3. Regional trends E. Distribution of income
and wealth and quality of life III. The transition to a
modern economy: 1890-1929 A. Institutional change 1. Supreme Court decisions 2. Progressive era B. Demographic change 1. Sources of population
growth 2. Immigration 3. Natural increase of
population C. Economic growth 1. Changes in industrial
structure 2. Rise of big business 3. Urbanization and
suburbanization D. International trade and
trade policy E. Public finance and
monetary change 1. Public finance from the
progressive era to the great depression 2. Monetary change in the
progressive era 3. Establishing the Federal
Reserve System F. Distribution of income
and wealth and quality of life IV. The mature economy 1930
to present A. Institutional change 1. Fiscal policy 2. Monetary policy 3. The breakdown of the Bretton Woods Agreement B. Demographic change 1. Population growth 2. Immigration 3. Natural increase in
population - the Depression generation and the baby boom C. Changes in industrial
structure 1. The transition to a
service economy 2. Oil price shocks D. International trade and
trade policy 1. Lend/lease 2. The Marshall Plan 3. International trade
institutions 4. Free trade agreements E. Public policy and
monetary policy - activist/nonactivist F. Distribution of income
and wealth and quality of life |