Academic Catalog

Economics, AA-T

Program Description

Economics is the study of how society allocates scarce resources such as land, labor and capital, in an attempt to satisfy unlimited wants. It is broadly divided into two branches: macroeconomics and microeconomics. Macroeconomics is concerned with the workings of the economy as a whole. It is the study of broad measures of economic performance: Gross Domestic Product, unemployment, and inflation. Microeconomics focuses on the role of individual decision-makers—consumers and firms—and analyzes the efficiencies and failures of a market system. The two branches approach the fundamental questions of resource allocation from opposite sides: one from the perspective of the economy as a whole and one from the perspective of the individual agents in the economy.

The Associate in Arts in Economics for Transfer degree prepares students for transfer to California State Universities (CSUs). Students who complete the Associate in Arts in Economics for Transfer degree will be ensured preferential transfer status to CSUs for economics majors and majors in related disciplines. The Associate in Arts in Economics for Transfer degree requirements will fulfill the lower division major requirements at many CSUs. Students are advised, however, to meet with a counselor to assess the course requirements for specific CSUs.

Learn more about the program on the Economics website.

Program Learning Outcomes

  • Students will have a working understanding of the role of prices in a market economy, the benefits of trade, economic growth and stability, market structures and competition, market failures and the economic role of government.
  • Students will be able to employ economic reasoning to explain the world around them and make objective decisions based on assessments of costs and benefits.

Units Required

  • Major: 29-45

Associate Degree Requirements

Associate in Arts in Economics for Transfer requires completion of a minimum of 90 units to include:

  • CSU General Education Breadth Requirements or the Intersegmental General Education Transfer Curriculum (IGETC)1 (49-58 units) (full certification is required)
  • Core and support courses (29-45 units, of which 15 units may satisfy the GE requirement)
  • Transferable electives necessary to meet the 90-unit minimum requirement
1

Important Note: Although it is possible to fulfill the requirements for the Associate Degree for Transfer by completing the IGETC for UC pattern, admission to CSU requires completion of an Oral Communication course (IGETC Area 1C; CSU GE Area A-1); therefore, students who plan to transfer to CSU should complete this course as part of their GE or elective units.

Note: All courses pertaining to the major must be completed with a grade of "C" (or "P") or better. In addition, the student must obtain a minimum GPA of 2.0.

Core and Support Courses

Core Courses
ECON 1APRINCIPLES OF MACROECONOMICS5
ECON 1BPRINCIPLES OF MICROECONOMICS5
MATH 10ELEMENTARY STATISTICS5
or MATH 17 INTEGRATED STATISTICS II
Select one of the following:5-10
CALCULUS FOR BUSINESS & ECONOMICS
CALCULUS
and CALCULUS 1
CALCULUS
and HONORS CALCULUS II 1
HONORS CALCULUS I
and CALCULUS 1
HONORS CALCULUS I
and HONORS CALCULUS II 1
Support Courses
List A
Complete one course from List A:5-10
FINANCIAL ACCOUNTING I
and FINANCIAL ACCOUNTING II 1
FINANCIAL ACCOUNTING I
and HONORS FINANCIAL ACCOUNTING II
MANAGERIAL ACCOUNTING
HONORS MANAGERIAL ACCOUNTING
CALCULUS
and CALCULUS 1
HONORS CALCULUS II
and CALCULUS
List B
And complete one course from List B:4-10
Any course not used in List A, or any of the following:
POLITICAL ECONOMY
POLITICAL ECONOMY
HONORS POLITICAL ECONOMY
HONORS POLITICAL ECONOMY
THE GLOBAL ECONOMY
CALCULUS
and CALCULUS 1
LINEAR ALGEBRA
Total Units29-45
1

Both courses must be completed to fulfill the requirement.