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SALCC Students experiencing financial difficulty are encouraged to apply for a small grant to cover their tuition. Applications remain open until October 25, 2024!
About Economics Trade & Finance
Economics Trade & Finance studies the behavior of consumers, businesses, and governments in their dealings with scarce resources. Students explore the topic of national income determination and analyze how equilibrium is achieved for a nation's income.
Within this programme, learners deepen their understanding of consumer nature and business activity, while exploring more complex microeconomic agents and the issues surrounding them. Also examined are the specific characteristics and socio-economics of countries within the Caribbean.
The skills, knowledge, and competencies acquired throughout Economics Trade & Finance poises students to investigate and propose resolutions to a plethora of economic issues.
Learning Outcomes
- Examine macroeconomic issues relevant to all economies in the global economy.
- Calculate average and marginal propensities.
- Assess income and substitution effects of price change.
- Differentiate between microeconomics and macroeconomics.
- Analyze the structural characteristics of the Caribbean.
- Describe the various economic problems that economies face.
- Explain the different ways of deriving National Income Accounts.
Career Paths
Accounting
Accountants management and review financial information both individuals and larger organizations.
Accounts record purchases and receipts, produce documents such as balance sheets and income statements, and assist in the budgeting of upcoming projects.
Data Analysis
Data analysts collect, process, analyze and summarize large sets of information on a multitude of subjects.
Data analysis is especially useful in helping businesses generate performance reports, and make guided decisions on finances, product/service development, and public relations.
Financial Analysis
Financial analysts determine the status and overall performance of a business' finances, by reviewing relevant factors such as income statements, balance sheets, and cost ratios.
Financial analysis is crucial for making informed decisions on lending, investing and general business activities.
Course Breakdown
Economics Trade & Finance takes 2 years to complete and rewards students with an Associate Degree.
Year One
Semester One
General Education Courses
- Critical Reading and Writing (4 Credits)
- Algebra Essentials (4 Credits)
- Natural Sciences: Humans and The Environment (3 Credits)
Programme Courses
- Introduction to Microeconomics (3 Credits)
- Introduction to Macroeconomics (3 Credits)
Semester Two
General Education Courses
- A Survey of Saint Lucian History and Heritage (3 Credits)
- Modern Language (3 Credits)
- Speech, Self and Society (3 Credits)
Programme Courses
- The Caribbean Economy (3 Credits)
- Principles of Financial Accounting (3 Credits)
- Elective (3 Credits)
Year Two
Semester Three
Programme Courses
- Principles of Management (3 Credits)
- Intermediate Microeconomics (3 Credits)
- Intermediate Macroeconomics (3 Credits)
- Global Economics (3 Credits)
- Introduction to Finance (3 Credits)
Semester Four
General Education Courses
- Ethics and Professional Development (3 Credits)
- Natural Sciences: The Place of the Arts in the Caribbean Economy (3 Credits)
Programme Courses
- Economics Practicum (3 Credits)
- Statistical Applications (4 Credits)
- Elective (3 Credits)
Entry Requirements
You can visit our Admissions Page to read our general entry requirements.
- At least five CSEC subjects; required passes in English A, Mathematics and Economics.
- Passes in at least one of the following is an asset:
- Principles of Accounts
- Principles of Business
- Social Studies
Fees & Tuition
Visit our Tuition page to download the fees of different programmes.
Tip: Scroll inside the table for more information.
| Fee | Year One | Year Two | ||
|---|---|---|---|---|
| Semester One | Semester Two | Semester One | Semester Two | |
| Tuition for Saint Lucian & OECS Students | $ 1,055 | $ 1,110 | $ 1,080 | $ 1,080 |
| Tuition for CARICOM Students | $ 1,503 | $ 1,558 | $ 1,528 | $ 1,528 |
| Tuition for International Students | $ 3,201 | $ 3,256 | $ 3,226 | $ 3,226 |
| Audit | - | $ 30 | ||
| Registration | $ 30 | $ 30 | $ 30 | $ 30 |
| Students’ Council | $ 12 | - | $ 12 | - |
| Digital Technology | $ 110 | $ 110 | $ 110 | $ 110 |
| Insurance | $ 18 | - | $ 18 | - |
| ID Card | $ 25 | - | ||
| Total Fees | Year One | Year Two | ||
|---|---|---|---|---|
| Semester One | Semester Two | Semester Three | Semester Four | |
| Saint Lucian Nationals & OECS Students | $ 1,250 | $ 1,250 | $ 1,250 | $ 1,250 |
| CARICOM Students | $ 1,698 | $ 1,698 | $ 1,698 | $ 1,698 |
| International Students | $ 3,396 | $ 3,396 | $ 3,396 | $ 3,396 |
