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Economics

Welcome

Understanding economics is the core of good business sense, and MCC offers several economics courses that will prepare students to pursue degrees and employment in a variety of industries.

Microeconomics and Microeconomics introduce the principles and policies to include the practical aspects of economic analysis as applied to supply and demand, national production, consumption, saving, taxation, inflation, employment, and growth.

Mission

To improve the quality of instruction and student learning by making courses and course materials available to students through a variety of teaching methods.

Courses

Introduction to Economics gives a very general overview of our economic system, while Macro and Micro demonstrates in-depth analysis of our macroeconomic and microeconomic systems respectively. Economics courses may be offered in a traditional class setting or as an online course. ECON 2301 and 2302 are part of the core requirement for most associate degree plans in Business Programs or for meeting the transfer requirements leading to a bachelor's degree at a four-year university or college. Always consult with an advisor about transfer programs and degree plans.

Introduction to Economics (ECON 1301) provides an examination of basic economics principles and policies directly related to the needs and experiences of the students. Emphasizes the practical aspects of economics. Includes both Macroeconomics and Microeconomics principles.

Macroeconomics (ECON 2301) is the branch of economics that deals with human behavior and choices as they relate to entire economy. Macroeconomics 2301 covers the topics such as National Income Accounting of GDP Measurements; Unemployment and Inflation; Monetary and Fiscal Policies; Macroeconomics Stability, Instability and Economic Growth; International Trade and International Balance of Payments. Some topics of Growth and Productivity; and Global Macroeconomics may also be covered.

Microeconomics (ECON 2302) studies the choices made by firms, households, and government and how these choices affect the markets for goods and services. Microeconomics 2302 analyzes the Perfect Competition; Monopoly; Monopolistic Competition; and Oligopoly market structures and their pricing policies. Some topics of Market Failure; Environmental Economics; Taxation; and International Trade may also be covered.

For More Information

Please contact Shirley Weir, Administrative Secretary for the Business Division, at 254-299-8695 or sweir@mclennan.edu or visit her office in MAC 219.