Student Learning Outcomes
The expectation is that successful students will demonstrate knowledge of terms and concepts, empirical tools, problem solving skills, and a strong understanding of policies as they relate to Economics.
- Assessment: Sampling of final examinations taken from lower-division courses (ECN 1A and 1B).
- Assessment: Sampling of final examinations taken from data-oriented courses (principally ECN 102).
- Assessment: Sampling of final examinations taken from upper-division courses (such as ECN 100 or more Specialized courses).
- Assessment: Sampling of final examinations taken from upper-division courses (such as ECN 101, 131, 160A/B, 162 and other courses).
- Students will demonstrate knowledge of the terms and concepts commonly used in discussions of economic issues, such as in the popular press. Examples would include monetary and fiscal policy, supply and demand, market equilibrium, gains from trade, etc.
ANALYSIS OF DATA
- Students will demonstrate knowledge of empirical tools used in the analysis of data, including statistics such as mean, variance, and correlation, and the graphical and descriptive representation of data.
- Students will demonstrate the ability to frame and solve problems in economics, using concepts such as optimization, equilibrium, and the incentives faced by economic agents. They should demonstrate an understanding of the theoretical tools used to solve economic problems (graphically or mathematically).
IMPACT OF GOVERNMENT POLICIES
- Students will understand the expected impact of government policies, such as taxation, price controls, subsidies, and macroeconomic policies. They should be able to assess the consequences of the policies on the parties involved.