Economics
at M a c o m b
Because the global economy is the financial lifeblood of the
world’s people, economics—the study of the economy—is
of vital importance. Economists study the production and
distribution of resources, goods, and services. They use
economic modeling and forecasting techniques to research
issues such as energy costs, inflation, interest rates, import
and export volumes, and employment trends. Strong
research and problem-solving skills are important. In addition
to collecting and analyzing data, you need to be able to write
up your findings and recommendations.
I contend that for a nation to try to tax itself into
prosperity is like a man standing in a bucket and
trying to lift himself up by the handle.
—Winston Churchill
An economist is an expert who will know
tomorrow why the things he predicted yesterday
didn’t happen today.
—Laurence J. Peter
More than half of all economists work in federal, state, and
local government. Many economists work for corporations
and help them understand how the economy will affect
their business. Economists also work for research firms
and think tanks, where they study and analyze a variety
of economic issues. Their analyses and forecasts are
frequently published in newspapers and journal articles.
Some economists work abroad for companies with major
global operations, or for international organizations such as
the World Bank, the International Monetary Fund, and the
United Nations.
Many people with an economics background become
professors or teachers.
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Economics
Macomb Community College offers the
following courses in Economics
Start with the idea that you can’t
repeal the laws of economics. Even if
they are inconvenient.
—Lawrence Summers
ECON-1160 — Principles of Economics 1 An introduction to
basic principles of economics with an emphasis on macroeconomic
theory. This course of study includes an analysis of national income,
employment, and prices, and concludes with a discussion of monetary
and fiscal policies.
ECON-1170 — Principles of Economics 2 A continuation of the
basic principles of economics with an introduction to microeconomic
theory. This course of study includes an analysis of supply and
demand, and the decision-making processes of firms in perfectly and
imperfectly competitive markets.
ECON-2110 — International Economics Prerequisite: ECON1160 This course serves as an introduction to international trade
and finance. It examines the structure of international trade and the
functioning of the international monetary system. Attention is given to
recent issues in these areas, and the relationship between domestic
and international economies.
FURTHER EDUCATIONAL REQUIREMENTS
Looking for a JOb?
Contact Career Services
586.445.7321
[email protected]
TRANSFERRING is easy
Talk to a Macomb counselor or academic
advisor before registering for classes.
Center Campus: 586.286.2228
South Campus: 586.445.7211
Email: [email protected]
FOR MORE INFORMATION
For the most current information on
Economics courses, or any program at
Macomb Community College, visit the
College’s website: www.macomb.edu or
call 866.Macomb1 (866.622.6621).
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Becoming an economist takes at least a bachelor’s degree, though
more often a master’s degree or even a Ph.D. is required.
EMPLOYMENT OUTLOOK
Macomb’s economics courses can provide you with beneficial
knowledge regardless of your major. You will need to earn an
advanced degree (master’s or doctorate) if you want to continue
and become an economist. Job opportunities for economists
include those in government, private consulting firms, research
and education.
Two years at Macomb equals a tremendous savings—about
$18,000—compared to attending a Michigan four-year public
university. 80 percent of our students leave DEBT FREE!