Economics

Economics

Transfer Pathway A.A.

The 60-credit Economics Transfer Pathway A.A. degree program offers you the powerful opportunity to complete an associate degree and transfer with junior-year status to a designated economics bachelor’s degree program at six Minnesota State universities.

As a student in this A.A. degree program, you will complete the Required Economics Pathway Curriculum (14 credits), General Electives (18 credits), Health/Physical Education coursework (2 credits), and Additional General Education Requirements (26 credits) for a credit total of 60.

If you plan on transferring to a non-Minnesota State university (including the University of Minnesota), we recommend that you to consult with an Inver Hills academic advisor or counselor along with someone at your intended transfer school to determine the transferability of courses in the Economics curriculum.

To guarantee admission to a Minnesota State university designated bachelor's program in your major, you must first meet the admitting institution's minimum transfer GPA and then the admission to major GPA.

Full-time schedule recommendation

See how to schedule your classes each semester to complete your degree in two years.

 Full-Time Recommended Course of Study

Part-time schedule recommendation

Recommendations for a part-time schedule are included in the Economics Program Planning Guide (see below).

2024-2025 Required Courses

Required Economics Pathway Curriculum

Course # Course Name Credit(s)
  ECON 1105
Principles of Macroeconomics
(Goal 5, 8)
3

Course Outline
Credits: 3
MNTC Goal Areas: 05, 08
Examines the performance of the U.S. economy in the early 21st century (national income accounting) as measured against historical performance, including an analysis of U.S. economic institutions and government macroeconomic policies. Prerequisites: Recommended READ 0093/0094 or placement into READ 1100.

Prerequisites:

  • READ 0093 Reading College Texts
  • READ 0094 Reading Workshop

Corequisites: None
Future Offering:
  • Fall 2024
  • Spring 2025

  ECON 1106
Principles of Microeconomics
(Goal 5, 8)
3

Course Outline
Credits: 3
MNTC Goal Areas: 05, 08
Introduces students to the supply and demand analysis of prices and production under different market structures, the role of government in a market economy, international trade and exchange rates, and income distribution and the pricing of economic resources. Prereq: Recommended READ 0093/94 and MATH 0840 or higher.

Prerequisites:

  • MATH 0840 Introductory Algebra
  • READ 0093 Reading College Texts
  • READ 0094 Reading Workshop

Corequisites: None
Future Offering:
  • Fall 2024
  • Spring 2025

  MATH 1103
Introduction to Statistics
(Goal 2, 4)
4

Course Outline
Credits: 4
MNTC Goal Areas: 02, 04
Presents basic statistics which includes descriptive and graphical statistics, basic probability, probability distributions, sampling distributions, confidence intervals and hypotheses testing for one or two populations, linear regression, chi-square tests, and ANOVA. Professional statistical software, such as Minitab, will be integrated throughout the class. Graphing calculator required for the course. Recommendation based on the results of the Inver Hills Assessment Test or grade of "C" or higher in MATH 0820 or 0840 within the last 2 years.

Prerequisites:


Corequisites:
  • MATH 0103 Statistics Support

Future Offering:
  • Fall 2024
  • Spring 2025

  MATH 1118
College Algebra I
(Goal 2, 4) or higher
4

Course Outline
Credits: 4
MNTC Goal Areas: 02, 04
Prepares students for Calculus I (MATH 1133) when taken in sequence with MATH 1119 or for Survey of Calculus (MATH 1120). Topics include the study of algebraic, exponential, and logarithmic functions; graphing functions using transformations; inverse functions; polynomial, exponential, logarithmic equations; systems of linear and non-linear equations; applied problems; building models from data. Use of technology will be embedded throughout the course. Recommendation based on the results of the Inver Hills Assessment Test or grade of C or higher in MATH 0940 within the last 2 years.

Prerequisites:


Corequisites:
  • MATH 0118 College Algebra Support

Future Offering:
  • Fall 2024
  • Spring 2025

Total Credits in Required Economics Pathway Curriculum 14

General Electives

Course # Course Name Credit(s)
General Education Credits (Any MnTC Goal Area)
Any courses numbered 1000 level or higher from any discipline. This may include additional courses from the MnTC and/or Health & Physical Education. Several receiving institutions recommend MATH 1133 (Calculus) and BUS 1100 (Introduction to Business Applications and Computing).
18



Prerequisites: None
Corequisites: None
Future Offering: None

Total Credits in General Electives 18

Health/Physical Education

Course # Course Name Credit(s)
Health and PE
1



Prerequisites: None
Corequisites: None
Future Offering: None

Physical Education Elective(s)
1



Prerequisites: None
Corequisites: None
Future Offering: None

Total Credits in Health/Physical Education 2

Additional General Education Requirements

Course # Course Name Credit(s)
General Education Credits (MnTC Goal 1)
Communication: ENG1108 Writing & Research Skills, ENG 1111, ENG 1114 or ENG 1130, COMM 1100 Interpersonal Communication
3



Prerequisites: None
Corequisites: None
Future Offering: None

General Education Credits (MnTC Goal 2)
Critical Thinking. Satisfied by First Year Experience course or MnTC completion



Prerequisites: None
Corequisites: None
Future Offering: None

General Education Credits (MnTC Goal 3)
Natural Science (1 course must include lab). Goal 3a (Life Science) course. Goal 3b (Physical Sciences) course
2



Prerequisites: None
Corequisites: None
Future Offering: None

General Education Credits (MnTC Goal 4)
Mathematical/ Logical Reasoning. MATH 1103 - Satisfied by Transfer Pathway, MATH 1118 - Satisfied by Transfer Pathway



Prerequisites: None
Corequisites: None
Future Offering: None

General Education Credits (MnTC Goal 5)
History/Social Sciences/Behavioral Sciences: ECON 1105 - Satisfied by Transfer Pathway, ECON 1106 - Satisfied by Transfer Pathway, Any additional Goal 5 course (non-ECON)
3



Prerequisites: None
Corequisites: None
Future Offering: None

General Education Credits (MnTC Goal 6)
Humanities/Fine Arts/Literature. Goal 6a (Fine Arts) course, Goal 6b (Humanities/Literature) course, Any additional Goal 6 course
3



Prerequisites: None
Corequisites: None
Future Offering: None

General Education Credits (MnTC Goal 7)
Human Diversity. Goal 7 course
1



Prerequisites: None
Corequisites: None
Future Offering: None

General Education Credits (MnTC Goal 8)
Global Perspective. Satisfied by Transfer Pathway



Prerequisites: None
Corequisites: None
Future Offering: None

General Education Credits (MnTC Goal 9)
Ethical and Civic Responsibility. Goal 9 course
1



Prerequisites: None
Corequisites: None
Future Offering: None

General Education Credits (MnTC Goal 10)
People and the Environment. Goal 10 course
1



Prerequisites: None
Corequisites: None
Future Offering: None

Total Credits in Additional General Education Requirements 26
Total Credits: 60
‡ Select General Education electives from specified MnTC goal area or from any MnTC goals if none specified.