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Economics

Greg Lee
Department Chair
C222
217-641-4351
Lee@jwcc.edu

Cathy Stephens
Accounting Instructor
C221
217-641-4515
CStephens@jwcc.edu

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Economics
Associate in Science Degree (Transfer)

Greg Lee leads an economics class.Economists are concerned with how to utilize scarce resources such as land, raw materials and human resources to provide goods and services for society. Economists analyze the relationship between the supply of goods and services on the one hand, and demand for them on the other. Economists also examine how goods and services are produced, distributed and consumed. Some economists are concerned with specific fields such as farm, wage, tax, and tariff problems and policies. Others develop theories to explain the causes of employment and unemployment or inflation. Most economists analyze and interpret a wide variety of economic data in the course of their work.

Economists who work in colleges and universities teach the theories, principles, and methods of economics and conduct or direct research; they frequently write and act as consultants. Economists in government collect and analyze data and prepare studies to assess economic conditions and the need for changes in government policy. Economists who work for business firms provide management with information to make decisions on marketing and pricing of company products, the effect of government policies on business and international trade, or the advisability of business.

Students completing the transfer program in economics at John Wood Community College typically choose to attend a four year college or university to complete their bachelor's degree and possibly pursue advanced degrees. For more information, contact a JWCC counselor/advisor.

NOTE: Only students who do not need additional coursework and who take the number of credits or courses as listed each semester can complete the program in the time given. Others will take longer to complete.

Suggested Area of Concentration Courses

ACC 101 Principles of Accounting I  3
ACC 102 Principles of Accounting II 3
BUS 161 Business Law I 3
ECO 101 Principles of Economics I 3
ECO 102 Principles of Economics II 3
MAT 109 Elementary Statistics 3

Use the suggestions above to complete the general suggested model for the AA/AS degree for a full-time student. The minimum total number of credit hours required for the AA or AS degree is 64.

 




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