Associate of Arts - Economics (Optional transfer)

Economics is the study of production, consumption, and allocation decisions under conditions of scarcity. Economics has two sub-disciplines: Macroeconomics and Microeconomics. Macroeconomics looks at the performance of the economy as a whole. Students study topics such as economic growth, inflation, changes in employment and unemployment, trade performance with other countries, and the relative success or failure of government economic policies and the policies made by the Federal Reserve.