Apr 20, 2024  
2021-2022 SLCC General Catalog 
    
2021-2022 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
Associate Professors - Heather Schumacker, Dennis Watson
Assistant Professors - Sherry Jensen

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

Describe fundamental economic principles and theories.

1

Demonstrate how markets interact to determine equilibrium price and quantity.

1

Compare and contrast the four basic market structures.

1

Demonstrate communications skills to communicate economic concepts, theories, laws, principles, and applications by producing artifacts, both written and oral.

2, 6

Calculate fundamental economic information..

3

Interpret economic information represented in data, graphs, and tables.

2, 3

Describe how economics has influenced the history of the United States through creative written or oral presentations.

2, 4, 6

Explain the types of monetary and fiscal policy and explain how they are used in our economy.

2, 4

Explain how economic terms and theories are used to explain many of our socio-economic situations we see today in society.

2, 4, 5

Interpret economic information from economic data sources, such as FRED.

2, 4, 7

General Education Requirements


Core Skills


American Institutions (AI) 1 course


Institutional Requirements


Communication (CM) 1 course


International & Global (IG) 1 course


Lifelong Wellness (LW) 1 course


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.

Electives Courses (15 credits)


Note


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

Graduation Map


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.

Please consult articulation plans and the transfer portal for specific information about course articulation and transferability with individual USHE institutions. Refer the University of Utah “Transfer Pathway” plan (4 and 5-year) for
transfer and articulation information pertinent to the University of Utah.

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

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