Economics
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Outcome Statements for Economics Majors
In order to demonstrate mastery of economic content, students should be able to:
1. communicate basic economic theories, concepts, analytical methods, and policies effectively using economic terminology appropriately and correctly in writing and speaking;
2. describe the institutions in the United States that shape economic public policy and the processes these institutions use to achieve their goals;
3. explain the functions, characteristics, and evolution of alternative economic systems and assess the changing role of government.
Students should possess professional values and have a variety of professional skills. Specifically they should be able to:4. use appropriate interpersonal skills to function effectively on teams;
5. demonstrate a good work ethic, self-discipline, positive attitude, professionalism, and an appreciation for the importance of life-long learning;
6. recognize and appreciate the diversity of views that may reasonably exist about economic problems and identify the ideological positions in professional and popular press articles and in public polices and proposals.
Students should be able to use the methodology of economics to examine and solve problems. Specifically students should be able to:7. identify, compile, interpret, and analyze quantitative data by expressing relationships between concepts through graphs, equations and discursive English;
8. identify, assimilate, and integrate information from various sources in order to evaluate its reliability, validity, accuracy, timeliness, and point of view or bias;
9. frame an economic question of some public significance and evaluate, integrate, and apply information from various sources to create a cohesive, persuasive answer;
10. employ broad economic theory to provide an original analysis of current or historical events, to analyze social problems, and evaluate alternative public policy choices.
