Feb 07, 2023  
2022-2023 SLCC General Catalog 
  
2022-2023 SLCC General Catalog

Economics: AS


Associate of Science | 62 credits minimum

Program Website
Academic and Career Advising

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

General Education Requirements


Program General Education Notes


REQUIRED:

Quantitative Literacy (QL): MATH 1050 or
                                               MATH 1090

 

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

Program Requirements


Electives Courses (15 credits)


Note


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

Time to Completion & Graduation Map


  • Economics AS: Full-time  
  • If students follow the suggested semester schedule, time to completion is four semesters.

Program Learning Outcomes


Program learning outcome alignment with Student Learning Outcomes  in brackets.

  • 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. [2,7]
  • 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. [2,4,5,7]
  • 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. [2,4,6]
  • Interpret economic information from economic data sources, such as FRED.  [2,4,8,9]