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Economics Department

Welcome to the Economics Department! Economics is a fascinating field of study, encompassing aspects of many other disciplines including sociology, political science, history, psychology, and math. It relates to every aspect of our lives, from the seemingly meaningless decisions we make on a daily basis to the structures created by our government. Economics is everywhere! At the most basic level, the subject is concerned with the fundamental idea that all resources are scarce. Studying economics equips students with an excellent way to acquire problem-solving skills, become critical thinkers, and understand the world in a new light.

Coastline economics classes can help you prepare for a certificate, earn a degree, transfer to a university, advance in your career, or simply satisfy your curiosity about the subject. The College offers classes taught by instructors in a variety of formats including traditional classroom lectures, online 8-week sessions, and online 16-week sessions.

If you have any questions or would like more information regarding the department or degree options, contact Instructor Stacey Smith (ssmith301@coastline.edu).

Why Economics?

Whether you need to take an economics course as part of a degree requirement or you are interested in majoring in the subject, you are in the right place! There are many benefits to studying economics.

A Meaningful and Interesting Discipline

By studying economics, you will learn more about the inner workings of our economy while also being exposed to important current issues such as unemployment, pollution, poverty, debt, healthcare costs, and education, to name a few. Students will become more well-rounded individuals, capable of using their newly acquired knowledge in a variety of capacities.

Wide Variety of Employment Opportunities

Students who graduate with economics degrees are equipped to enter a wide variety of career fields, including entry-level positions in business or government. Graduates with an economics background are highly sought after by employers because their degree is evidence of an applicant’s ability to problem solve, critically think, analyze, and research. These skills are useful in a wide variety of occupational fields such as:

  • General business
  • Government
  • Law
  • Banking
  • Finance
  • Insurance
  • Real estate
  • Education

Strong Earning Potential

Students holding economics degrees have high earning potentials upon entering the workplace. According to the American Economics Association, for economists of all educational levels, median earnings in 2010 were $89,450 with $48,250 at the tenth percentile and $155,490 at the 90th percentile. Payscale.com reports those with Baccalaureate degrees (and no more) who are employed full time show starting salaries (typically with two-years of experience) of $48,500 and mid-career annual earnings of $94,900. These salaries rank fourth in college majors, ahead of both finance and business majors.

Starting and mid-career annual earnings

College Major Starting Salary Mid-career Salary
Chemical engineering$67,500 $111,000
Applied mathematics $50,800 $102,000
Statistics $49,300 $99,500
Economics $48,500 $94,900
Mathematics $48,500 $85,800
Finance $47,700 $85,400
Business $41,400 $70,000
Political science $40,300 $74,700
Advertising $37,800 $77,100
Sociology $36,000 $56,700
Psychology $35,200 $60,200
American Economic Association, Career Earnings - What economists can expect to earn in different fields : https://www.aeaweb.org/resources/students/careers/earnings (visited March 19, 2018)

Degree Programs

Economics- Associate of Arts Degree Major

Economics- Associate in Arts for Transfer (pending)

For complete information about degree requirements, please visit the Economics Degrees and Certificates web page.

Courses

Coastline currently offers the below courses in economics. These classes may be taken in any order, and prerequisites include Math 30 or Math 45. For additional information, including course descriptions, please see the Economics Degrees and Certificates web page.

Econ 170- Principles of Microeconomics

Econ 175- Principles of Microeconomics

Faculty

Stacey Smith
Economics Instructor

Tutoring

As a student at Coastline, you are offered free economics tutoring! Tutoring may take place via appointment or walk-in in one of our Student Success Centers during designated hours. You may also arrange a virtual appointment via Skype or Zoom. For the complete schedule of tutor availability and contact information, please visit the Student Success web page.

Economics-Related Websites

American Economics Association has a wealth of information for potential economics students.

Trade-Schools.net presents information about jobs and earning potential.

Khan Academy provides content help, video tutorials, and practice problems for students already enrolled in economics courses.

The Economist offers insight on international news, politics, business, finance, science, and the connections between them.

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