Economics Learning Goals and Objectives

Goal 1: Communication Skills

Objective 1a. Writing: Students will produce concisely written documents that: (1) focus on the intended audience, (2) are logically organized with cogently developed ideas, (3) effectively employ vocabulary and are free of spelling and grammatical errors and (4) have a high quality appearance.

Objective 1b. Oral presentation: Students will deliver oral presentations that: (1) focus on the intended audience, (2) are well organized and compelling, (3) are effectively delivered to maintain interest without distracting mannerisms, and (4) effectively employ presentation software to support the presentation.

Goal 2: Quantitative Skills

Objective 2a. Design: Students will select graphical, quantitative, and statistical methods and models appropriate to frame questions and model economic behaviors.

Objective 2b. Calculation and Tabulation: Students will: (1) calculate accurately and (2) effectively summarize and present statistical data.

Objective 2c. Interpretation: Students will correctly interpret the results from graphical, quantitative, and statistical models.

Goal 3: Economic Literacy

Objective 3a. Knowledge of core concepts and theories: Students will demonstrate knowledge of: (1) microeconomics, (2) macroeconomics, (3) international economics, (4) econometrics, and (5) the intellectual and historical contexts of major economists and paradigms.

Objective 3b. Information competency: Students will: (1) locate information and data pertinent to an economic question, (2) critically evaluate credibility of sources and reliability of information, and (3) synthesize information from diverse sources and perspectives and assess its adequacy for decision support.

Goal 4: Integrative Problem Solving and Decision Making

Objective 4a. External economic environments: Students will analyze the following real- world economic environments of organizations: (1) the national macro-economy, (2) specific product and factor markets, and (3) the global economy.

Objective 4b. Decision making: Students will: (1) state a problem, (2) identify alternatives, (3) identify criteria for evaluating alternatives, (4) weigh alternatives using the established criteria, and (5) choose among alternatives and interpret/evaluate the results.

Objective 4c. Normative critical reasoning: Students will: (1) identify and summarize an ethical or normative issue, (2) identify stakeholders and their divergent interests and perspectives, (3) locate information and analyses in support of alternative positions, (4) critically assess the assumptions, evidence, and arguments presented in support of alternative positions, and (5) reach an informed conclusion in light of available information and reflection on one's own perspective.