Program Overview

Two of the most concise definitions of economics are as follows: Economics is the study of production, consumption and allocation decisions under conditions of scarcity, or as economist Steven Landsburg says, “People respond to incentives.” Everything else is noise.  Economics is usually broken down into two sub-disciplines:

Macroeconomics looks at the performance of the economy as a whole. Many macroeconomic issues appear in the news daily. Economic students study topics such as economic growth; inflation; changes in employment and unemployment, our trade performance with other countries and the relative success or failure of government economic policies and the policies made by the Federal Reserve.

Microeconomics looks at economics at the level of individual consumers, groups of consumers, or firms. The general concern of microeconomics is the efficient allocation of scarce resources between alternative uses. Microeconomics looks at the determination of price through the optimizing behavior of consumers and firms; with consumers seeking to maximize happiness and firms, profit.

 

Program Requirements

AA Degree Requirements Major: Core and Selective Requirements
Complete Core Courses, 6 units Units
ECON 100 Principles of Macro Economics 3 units
ECON 102 Principles of Micro Economics 3 units
Selective Courses, choose a minimum of 12 units from the following: Units
ACTG 121 Financial Accounting 4 units
ACTG 131 Managerial Accounting 4 units
ANTH 110 Cultural Anthropology 3 units
ECON 230 Economic History of the United States 3 units
HIST 101 History of Western Civilization II 3 units
HIST 201 U.S. History through 1877 3 units
OR
HIST 202 U.S. History from 1877 to the Present 3 units
MATH 200 Elementary Probability and Statistics 4 units
MATH 241 Business Calculus I 5 units
OR
MATH 251 Analytical Geometry and Calculus I 5 units
PHIL 100 Introduction to Philosophy 3 units
PSYC 100 General Psychology 3 units
Total Required Major Units: 18

And required General Education coursework and electives as needed to meet the minimum 60 units required for the Associate degree.

Please refer to the AA/AS Degree Requirements for more information.