Nov 26, 2024

2015-2016 SLCC General Catalog

2015-2016 SLCC General Catalog [**** ATTENTION: YOU ARE VIEWING AN ARCHIVED CATALOG ****]

Economics: AS

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Associate of Science | 62 credits minimum

Accounting, Economics and Finance Division
Taylorsville Redwood Campus, BB 105
General Information, (801) 957-4073
Program Information, (801) 957-4325
www.slcc.edu/economics
Academic and Career Advising
Academic Advisor, BB 132A, (801) 957-4323

Finance and Economics Faculty:
Associate Professors - Rungrudee (Pook) Suetorsak, Dennis Wilson, Dennis R. Watson
Assistant Professors - Ike Ikeme, 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: Varies with course selection and credit hours.

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

Specialized Accreditation: The Economics program at SLCC is accredited by the Accreditation Council for Business Schools and Programs (ACBSP). Accreditation represents the achievement of meeting high national standards established for Associate Degree granting business programs and facilitates transfer of credits to four-year universities and colleges.

Program Student Learning Outcomes	Related College-Wide Student Learning Outcomes
1.1 Perform steps of macro and micro economic analysis.	1 - Substantive Knowledge
2.1 Communicate effectively in writing. 2.2 Communicate effectively while working in groups. 2.3 Communicate effectively numerically.	2 - Communicate Effectively
3.1 Perform macro and micro economic calculations.	3 - Develop Quantitative Literacy
4.1 Extract relevant data from complex information, process it, and draw reasonable conclusions.	4 - Think Critically
5.1 Understand the political, historical, social, and economic foundations of the local, national, and global communities. 5.2 Engage in principled and vigorous dialogue.	5 - Civic Engagement and/or Working Professionally

General Education Requirements

Core Skills:

Composition (EN) 6 Credits

Quantitative Literacy (QL) Choose one course (3-4 Credits) from the Following

American Institutions (AI) Choose 3 Credits from one of the Following

Institutional Requirements:

Lifelong Wellness (LW) 1 Credit

Student Choice (IN or DEPTH) 3 Credits

Distribution Areas:

Choose one course (three credit hours) from each of the following distribution areas. One of the courses must also be a Diversity course (DV).

Life Sciences (LS)	3-4
Fine Arts (FA)	3-4
Humanities (HU)	3
Interdisciplinary (ID)	3
Social Science (SS)	3
Physical Science (PS)	3

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

Required Courses: (13 Credits)

Economics Electives: (Select 6 Credits from the Following)

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.

Electives: (9 credits)

Complete an additional 9 credits from any college course numbered 1000 or above including Economics, Finance, Management and Business courses.

Sample Schedule

Fall Semester

ECON 2010 - Principles of Microeconomics (SS)
ENGL 1010 - Intro to Writing (EN)
AI 3
Student Choice 3
MATH 1050 - College Algebra (QL) or
MATH 1090 - College Algebra - Business (QL)

Total: 15-16

Spring Semester

BUS 1100 - Applied Business Calculus
ECON 2020 - Principles of Macroeconomics (SS)
Distribution (2) 6
Elective 3

Total: 15

Fall Semester

Total: 16

Spring Semester

ECON Elective 3
Distribution (2) 6
HLAC 1
Elective 6

Total: 16

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 transferring to Westminster College Economics BS degree should take PHIL 1130, ACCT 2010 .

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.