Economics, Humanities and Social Sciences Area of Concentration, Associate of Arts
This area of concentration is designed to help students transfer to institutions that offer a four-year program in Economics. Beyond the general education requirements and other degree, program, and elective requirements, this area of concentration should be considered in light of the requirements of the selected transfer institution. Students should consult with a transfer advisor or Economics coordinator in order to select the combination of electives that best meets the requirements of the transfer institution.
This program is accredited by the Accreditation Council for Business Schools and Programs (ACBSP). The attainment of this accreditation certifies that the teaching and learning processes within the Financial Studies Department meet the rigorous educational standards established by the ACBSP.
Upon successful completion of this area of concentration, students will be able to:
- describe the motivation for the behavior of the consumer as well as of the firm in the marketplace;
- explain the fundamental economic problem of resource scarcity together with opportunity cost;
- plot and interpret quantitative data in graphs and tables;
- explain the market forces of supply and demand in regard to market equilibrium and the shortage or surplus of a good or service; and
- identify and describe significant developments and events in modern macro-economic history since the Great Depression.