Economics

Economics at Collin

Collin College provides general academic courses and electives for students who plan to transfer to a college or university. Because of the various transfer requirements at colleges and universities, and to ensure enrollment in appropriate courses, students should verify course transferability and degree applicability with a Collin College academic advisor and/or the college or university that they plan to attend.

To earn an associate degree, complete the 42 credit hour General Education Core, and 18 credit hours of general studies electives and the Associate of Arts (AA) or Associate of Science (AS) degree requirements.

Check with your transfer institution before registering for general studies electives to make sure your courses will be degree applicable to your bachelor's degree at the transfer institution.

Economics is often referred to as the science of decision-making. Therefore, the field of Economics studies how human beings make choices in life under conditions of scarcity. The unlimited desires of human beings give rise to resource limitations. As a result, scarcity conditions provide incentives to human beings to make choices that may lead to reductions in wasteful behavior and lead to efficient outcomes. Economics analyzes individual decision making of consumers and households as well as firms. It researches the behavior of the economy as a whole and studies economic phenomena such as economic growth, inflation, unemployment, international trade, national debt, and national savings among others. Economics explores moral, political, and economic philosophies and theories in order to find suitable methods to incentivize human beings to become better decision-makers under conditions of scarcity. Economics students will learn marketable analytical and business skills that will benefit them in a wide variety of careers.