Economics Department

Economics is the study of the choices that individuals and societies make about how to allocate their scarce human, natural, and capital resources among competing uses. It is a social science, applying scientific methods of analysis to problems of human interaction. The objectives of the School of Business are to equip prospective business professionals and professional economists with the basic analytical techniques necessary to explain economic phenomena and to evaluate economic policy.

We offer the following programs in Economics:

Associate of Arts (A.A.) in Economics



Program Level Outcomes (PLOs) - Economics AA

Statements which articulate, in measurable terms, what students should know and be able to demonstrate as a result of and at the conclusion of a program. PLOs communicate program goals explicitly and foster transfer of responsibility for learning from faculty to students.

A student who obtains an AA degree in Economics from the Community College of Aurora will demonstrate the following abilities:

  • Demonstrate a solid foundation of microeconomic theory including the law of supply and demand.
  • Demonstrate a solid foundation of macroeconomic theory including GDP, unemployment, and inflation.
  • Understand economic institutions.
  • Know how to create conceptual models of market behavior.
  • Understand how economic theory allows us to predict responses to changes in policy and market conditions.
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