Nov 25, 2024

2020-2021 SLCC General Catalog

2020-2021 SLCC General Catalog [**** ATTENTION: YOU ARE VIEWING AN ARCHIVED CATALOG ****]

Economics: AS

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Associate of Science | 62 credits minimum

Social & Behavioral Sciences Division
Taylorsville Redwood Campus AAB 165
General Information 801-957-4073
Program Information 801-957-4327
Program Website
Academic and Career Advising

Economics Faculty
Interim Associate Dean - Mequette Sorenson
Associate Professors - Dennis R. Watson, Dr. Pook Carson
Assistant Professors - Heather A. Schumacker

Program Description
The study of economics deals with the issue of scarcity. Questions on what to produce, how goods and services will be produced and how produced goods and services are distributed in society, represents the kinds of questions economists deal with on a daily basis. In other words, economics explores how we use scarce resources to satisfy unlimited wants in society. The study of economics utilizes historical data, theoretical models and empirical evidence to explain the behavior of individuals, firms and nations in producing and consuming goods and services.

Economics allows students to think critically, analyze complex problems and apply solutions to real world problems. Economics provides students the foundation for various academic and professional endeavors. Professionals in management, law, education, government, finance and international affairs use economic analysis. Employers and graduate schools often seek individuals with an understanding of economics.

Career Opportunities
Opportunities in the field of economics are broad and diverse. They include, but not limited to: government (federal, state, local) and private industry. Specialties can be pursued in consulting, research, and finance. Economists can specialize in a particular industry such as healthcare, transportation, or energy. Nearly all industries employ economists.

Transfer/Articulation Information
Economics programs at four-year colleges and universities are housed in social science and business schools with varying requirements. For transfer to Economics at Utah State University, Weber State University, or Southern Utah University, students should see the Business Advisor for efficient transfer planning.

Estimated Cost for Students
Tuition and student fees: http://www.slcc.edu/student/financial/tuition-fees.aspx

Estimated Time to Completion
If students follow the suggested semester schedule, time to completion is four semesters.

Program Student Learning Outcomes	Related College-Wide Student Learning Outcomes
	1 - Acquire substantive knowledge 2 - Communicate effectively 3 - Develop quantitative literacies 4 - Think critically & creatively 5 - Become a community engaged learner 6 - Work in professional & constructive manner 7 - Develop computer & information literacy
Perform steps of macro and micro economic analysis.	1
Communicate effectively in writing. Communicate effectively while working in groups. Communicate effectively numerically.	2
Perform macro and micro economic calculations.	3
Extract relevant data from complex information, process it, and draw reasonable conclusions.	4
Understand the political, historical, social, and economic foundations of the local, national, and global communities. Engage in principled and vigorous dialogue.	5

General Education Requirements

Core Skills

Composition (EN) 2 courses

Quantitative Literacy (QL) 1 course

American Institutions (AI) 1 course

ECON 1740 - Economic History of U.S. (AI)
HIST 1700 - American Civilization (AI)
POLS 1100 - US Government & Politics (AI)
or
HIST 2700 - US History to 1877 (SS) and
HIST 2710 - US History Since 1877 (SS)
NOTE: When both HIST 2700 and HIST 2710 are used to meet the American Institutions requirement, individual courses will not meet the Social Science Distribution requirement.

Institutional Requirements

Distribution Areas

Select 1 course from each of the Distribution Areas, 5 total courses; 1 course must also be designated as a Diversity (DV)

NOTE: Students may use ECON 1600 to fulfill General Education or program course elective, but not both.

Required Courses (13 Credits)

Economics Electives (15 credits)

Select 6 credits from the following:
ECON 1600 - Intro to Economic Systems (SS)
ECON 2100 - Labor Economics
ECON 2200 - Money & Banking
ECON 2250 - Environmental Economics
ECON 2400 - International Econ/Finance
Complete an additional 9 credits from any college course numbered 1000 or above including Economics, Finance, Management and Business courses.

Note

ECON 1600 satisfies both a General Education and a program elective requirement. There are 62 total credits required in this degree, students should select courses from the approved elective course list to meet that credit requirement.

Graduation Map

Economics AS: Full-time

Advising Notes

Students considering an Economics major may want to take ECON 1010 (Economics as a Social Science) as an introduction to the field. ECON 1010 will count toward the Social Science General Education requirement.

The Department recommends completion of the College Algebra requirement before second year Economic courses are taken.

Students with an AA or AS degree have all general education requirements (WCore) fulfilled except Engaging the World and Senior Capstone which will be completed at Westminster. Students who follow a course of study recommended by Westminster (found at www.westminstercollege.edu/slcc) can complete a bachelor degree in two additional years. Students seeking a BS in Economics should take ACCT 2010 , ACCT 2020 , CSIS 2010 , and FIN 2220 .

Students transferring to University of Utah Business minor should take ACCT 2010 , ACCT 2020 and BUS 1050 .

Cooperative Education is the college’s strategy for recognizing and rewarding new learning associated with study-related employment in a business, industrial or government work environment. Credits earned from Finance or Management 2000 are applied toward Economics in the ‘Other Elective’ category. Contact CO-OP Education at (801) 957-4014.

The semester in which courses are taught are listed below. Students should check the semester class schedule for day/evening availability and modifications caused by varying enrollment. It is the student’s responsibility to examine each course description for details of prerequisite classes. Those prerequisites must be satisfied before the designated class may be taken.

Students who wish to take the CSIS 1020 (Computer Essentials) challenge exam are advised to review the information at http://www.slcc.edu/csis/CIS1020-challenge-exam.aspx. An 80% or higher is required on each section of the test. Once the exam is passed a P is posted to the transcript and credit is awarded.