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Nov 22, 2024
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2020-2021 Academic Catalog [ARCHIVED CATALOG]
General Studies A.A. with Area of Concentration in Economics
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 Return to: Business, Industry, and Entrepreneurship
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Program Description
This is a recommended program of study for students interested in pursuing a bachelor’s degree in economics.
Graduates of the Economics Concentration will be able to:
- Explain the functional relationships between economic variables such as price and demand, scarcity and choice, and consumption and national income
- Model economic principles such as: aggregate demand and aggregate supply; changes in supply, demand, and market equilibrium; production possibility curve; and maximization for a competitive firm
- Identify the different economic systems and how they address normative economic objectives, the basic determinants of choice made by consumers and firms
- Explain the rationale underlying federal bond rates, federal discount rates, and reserve requirements in controlling inflation and recession to an audience
- Evaluate data related to national income accounts
Sequence of Study - Economics Concentration A.A.
Below are the required courses for your program arranged in a suggested sequence. Please note that the sequence does not include developmental coursework. See Academic Preparation for the developmental course sequence if applicable to you.
Required Courses (in expected order)
Program Total: 60 Credits
Transferability
Credit earned at any public institution in the state shall be transferable to any other institution if the:
- Credit is from a college or university parallel course or program;
- Grades in the block of courses transferred average 2.00 or higher; and
- Acceptance of the credit is consistent with the policies of the receiving institution governing students following the same program. Refer to ARTSYS at artweb.usmd.edu and the receiving institution’s catalog to select transferable courses.
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