Economics - Associate in Arts

Economics is a multifaceted discipline in the family of social sciences and is concerned with scarcity of resources (its central assumption) and all of the problems resulting from that condition. In general, economics is the study of production, distribution, and consumption of goods and services. One of its central assumptions is that the world is a world of finite resources. Economics has evolved to include a set of principles, methods and theories so as to provide answers to the following questions; What shall we produce? How shall we produce? How much shall we produce? For whom shall we produce? Attempting to answer these questions requires “technical capital” (knowledge, skills, methodologies), and “cultural capital” (a sense of priorities, awareness, and direction) at both the individual and the organizational levels. Furthermore, the productivity of individuals as well as the organization is contingent upon the acquisition of an adequate amount of these variables. Economics at both levels is well equipped to aid individuals in acquiring the technical and the cultural capitals in order to make the interaction between the two more fluid, productive, amicable, and innovative. Economics can provide the necessary foundation to those aspiring to pursue a career in the fields of business, finance, education, health care, insurance, stock markets, government, international business, and public administration, among others.

Requirements for Admission to the program:

• No requirements for admission to the program.
• Contact program for program-specific advising.