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Concentration - Economics

Charter Oak State College building

A concentration in Economics may be established through completion of 36 credits following a standard four-year curriculum of basic and advanced study in macro- and microeconomics analysis and in applied fields of economics such as monetary economics, international economics, public finance, economic development, industrial economics, economic history and labor economics. Studies to develop quantitative competence are a prerequisite. This concentration requires a minimum of 36 credits.

This concentration in the General Studies major can be completed by combining Charter Oak's online courses and other sources of credit such as credit transferred from regionally accredited institutions or testing.  It cannot be completed solely through Charter Oak State College courses.

Concentration Requirements:

Principles of Macroeconomics3 credits 
Principles of Microeconomics3 credits 
Money and Financial Institutions3 credits 
International Economics3 credits 
Intermediate Macroeconomics3 credits 
Intermediate Microeconomics or Managerial Economics3 credits 
Electives in Economics15 creditsHistory of Economic Thought, Labor Economics, Public Finance, Financial Economics, Comparative Economics, Economics of Health Care, Economics of Third World Countries, Economics of Poverty, Economics Development
Capstone3 creditsECO 499 (Culminating course in concentration)
Pre-requisite: Statistics3 credits 
Note: Only grades of C or higher may be included in the concentration.

Student Learning Outcomes

Students who graduate with a concentration in Economics will be able to:
  1. explain how market systems function, including supply and demand, resource allocation, government regulation effects, and the influence of global factors;
  2. discuss the effects of fiscal and monetary policy;
  3. explain how financial institutions function, including the Federal Reserve Bank, the U.S. banking system, and international influences;
  4. recognize the factors causing inflation, unemployment, growth, and recession;
  5. explain industry structure and organization;
  6. explain global economic concepts; including international trade, balance of payments and foreign currency exchange;
  7. critically explain the complex interrelationships among economic factors;
  8. use quantitative skills for economic problem solving;
  9. apply communication skills directly related to economics terminology; and
  10. analyze economic policies and contribute to public discussions of economic issues.