Program Objective 1: Developing competency with the cost-benefit approach to decision-making
Learning Outcomes:
Explaining various microeconomic and macroeconomic phenomena (e.g., price movements in markets for specific products, interest-rate setting by the Federal Reserve)
Measurement Tools:
ETS Business Major Field Test
ETS Economics Major Field Test
Test of Understanding of College Economics (TUCE)
Class assignments
Course Coverage:
ECON 208, ECON 209, ECON 308, ECON 309
Across all Economics courses except ECON 175
Program Objective 2: Developing competency in transferring acquired knowledge and skills to unfamiliar contexts
Learning Outcomes:
Conducting independent research on economic issues
Measurement Tools:
Research papers
Course Coverage:
ECON 499: Senior Seminar in Economics
Program Objective 3: Experience with a statistical software package
Learning Outcomes:
Identify patterns and associations in data
Measurement Tools:
Class assignments/Research papers
Course Coverage:
ECON 265, ECON 499, Some sections of ECON 208 and upper level economics courses
Program Objective 4: Analytical problem solving
Learning Outcomes:
use relevant concepts and information to address problems
perform relevant mathematical operations
appropriately interpret results from the operations
Measurement Tools:
ETS Economics Major Field Test
Test of Understanding of College Economics (TUCE)
Class assignments
Course Coverage:
ECON 208, 209, 308, 309, 433
Program Objective 5: Written communication
Learning Outcomes:
use clear statement of purpose
use clear organization and logic
use clear, accurate, and relevant information and concepts
use standard English and appropriate vocabulary
use clear and effective summary, conclusion, and/or recommendation and closing statement