An introduction to taxation. The basic theories, concepts, and general rules of federal income tax and their interrelationships with personal, business, and financial transactions. The course provides an understanding of tax policies and the interrelationship between tax and financial decisions.

Prerequisites: Economics 3B; and, Economics 10A or 100A; and, Economics 5 or PSTAT 109 or PSTAT 120A.

4

Units

Letter

Grading

1, 2, 3

Passtime

None

Level Limit

Letters and science

College
Unlocks ECON 138B
These majors only econ ecacc busec
RUSSELL N
Nadine Russell
2.6
14 reviews
AI predicted, based on past grading trends of the course and instructor, class info, and 127 other factors
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Winter 2025 . Russell N
NH 1110
M W
12:30 PM - 13:45 PM
Fall 2025 . Russell N
NH 1110
T R
15:30 PM - 16:45 PM
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ECON 138A Russell N Fall 2025 Total: 103
ECON 138A Russell N Spring 2025 Total: 65
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14
2.6
138A . Russell N 4 Months Ago

Would always call on people in class randomly and put you on the spot. Lectures are unorganized. Went over a chapter in the last class before the final in 7 minutes. Mostly graded on exams. For an elective class, this was definitely not worth it and should be so much easier. I spent more time on this class than my other accounting classes.

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138A . Russell N 4 Months Ago

If you are a major introvert and skip lectures, this class is not for you. She averages a pop quiz every two weeks (relatively easy) and randomly calls on people to answer simple questions. She is also very kind and patient. 2 midterms and final. The project takes 2-3 hours and is pretty easy if you know what you're doing. Very useful class.

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138A . Russell N 10 Months Ago

You need to teach yourself a lot in this class. I primarily self-studied everything. She barely teaches you the topics on the exams and her lectures are all over the place. She's also known to not curve any class even though this is an elective class, which is usually curved a lot. 80% of your grade are exams. Nice person but beware of her classes.

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138A . Russell N 10 Months Ago

Nice as a person but this class was an absolute MESS! Went through 2 ENTIRE chapters the lecture RIGHT BEFORE midterm and another chapter right before the final. The exams also don't entirely cover what's taught in class AND there is NO curve in her courses! I really wanted to enjoy this class, but I didn't. AVOID THIS CLASS, TAKE ANOTHER ELECTIVE!

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138A . Russell N 11 Months Ago

Her lecture is really helpful in terms of helping students understand the content. She does ramdonly pick students to answer her questions but I think it's a good way of keeping up withe the content. Midterms and Final wasn't bad at all. Start early on the tax return and you will be good!

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136A . Russell N 4 Months Ago

Prof Russel is awesome! She really encourages you to actually understand the material by calling on people during class. It isn't targeted tho and she is really patient. There are pop quizzes, but they are usually really easy or based on worksheets she gave the class before. She will give hints if she is going to have a pop quiz.

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