Economics is a social science concerned with how individuals, institutions and society make optimal choices under conditions of scarcity. Scarcity restricts options and demands choices. Because we “can’t have it all,” we must decide what we will have and what we must forgo. Since rational economic decisions have to be made at every level, economics applies to individuals, groups, families, markets, and the entire economy. It teaches one to analyze given situations critically making use of available data under the conditions of uncertainty. The Associate in Arts in Economics for Transfer is designed to prepare students for a seamless transfer into the CSU system to complete a baccalaureate degree in Economics or similar major.