WHAT IS ECONOMICS?
(Whatiseconomics.org) Economics is the study of the production and consumption of goods and the transfer of wealth to produce and obtain those goods. Economics explains how people interact within markets to get what they want or to accomplish certain goals. Since economics is a driving force of human interaction, studying it often reveals why people and governments behave in particular ways.
WHY STUDY ECONOMICS?
Economics is about choice and the impact of our choices on each other. It relates to every aspect of our lives, from the decisions we make as individuals or families to the structures created by governments and firms.
The economic way of thinking can help us make better choices.
WHAT CAN YOU DO WITH AN ECONOMICS DEGREE?
A four-year degree in economics or applied economics is useful training for a career in business or government.
It's also good preparation for graduate study in economics, business administration, public administration, public policy or law school.
Careers in Economics
Types of Jobs
Individuals who study economics often work as:
- College Economics Teachers
- Market Research Analysts
- Survey Researchers
Economics programs include topics such as:
- Money and banking systems
- Public Policy
Degrees & Certificates in Economics
The Economics department offers a full array of lower-division courses in preparation for a four-year degree in economics or applied economics. Our courses also prepare students seeking degrees in business, accounting, and other professional and liberal arts areas.
Coursework at Normandale will prepare students to successfully complete upper division coursework in economics. Supporting coursework in mathematics, statistics, computer science programming and accounting will give students the most options.
College and universities vary in requirements, so students should consult with counselors about specific courses.
A four-year degree in economics or applied economics is useful training for a career in business or government. It's also good preparation for graduate study in economics, business administration, public administration, public policy or law school. The following coursework at Normandale will prepare you to successfully major (or minor) in economics at a four-year college or university.
Additional Course Requirements - 20 credits
- One Health (HLTH) course
- One Exercise (EXSC) course
- Elective credits - additional course(s) numbered 1000 and above, if needed to complete the 60-credit requirement.
The department recommends taking at least one additional ECON course.
If you enjoy mathematics and would like to pursue a more rigorous economics degree, you should complete as many courses in the calculus sequence MATH 1510, MATH 1520, MATH 2510, MATH 2520 as you can.
If you'd like to major or minor in finance, a discipline very much related to economics, you should also take ACCT 2251 Principles of Accounting 1 and ACCT 2252 Principles of Accounting 2.
Colleges and universities vary in their requirements so you should consult with your counselor about specific courses. The Normandale Counseling Department has posted transfer and course equivalency guides online.