Economics Major

Economics Courses – Learning Goals and Objectives

Course List 

ECO101 ECO102 ECO205 ECO206 ECO255
ECO256 ECO310 ECO311 ECO330 ECO333
ECO355* ECO401 ECO411 ECO455 ECO460

Courses with an asterisk* do not have individual college, program, or major learning goals. However, each course has specific course goals listed on the class syllabi provided by the professor.                       


ECO101 – Principles of Macroeconomics

College Level Learning Goals and Objectives

The Principles of Macroeconomics course is a Field 5 – Social Science course.  Social Science courses satisfy the following learning goals and objectives:

Content:
Goal 1:  Students will demonstrate knowledge of human behavior from the perspective of a social science discipline.

Objectives:  Students will be able to:

A.        Demonstrate knowledge of the basic concepts and theories of a social science discipline.

B.        Demonstrate knowledge of research methodologies used in a social science discipline.

Skills:
Goal 2: Students will utilize a social science discipline to critically evaluate social, cultural, and/or political claims.

Objectives: Students will be able to:

A.        Apply social science concepts and theories to concrete problems of human society.

B.        Apply qualitative or quantitative analysis to situations in the world.

Program (BS/BA) Level Learning Goals and Objectives

The Principles of Macroeconomics course satisfies the following learning goals and objectives associated with the Bachelor’s degree in Business:

Goal 2: BSBA graduates will have fundamental skills in accounting, finance, statistics, and management science.

Objectives:  Students will be able to:

A.        Demonstrate critical thinking and argumentation skills with emphasis on problem identification from various viewpoints, causal diagnosis, and solution development.

Goal 3: BSBA graduates will have a fundamental knowledge of global human behaviors and market structures.

Objectives:  Students will be able to:

B.        Demonstrate an understanding of the market structure, macroeconomic and international environments within which businesses operate, including the roles of financial institutions, the central bank, and the government.

Major Level Learning Goals and Objectives

The Principles of Macroeconomics course satisfies the following Economics major level learning goals and objectives:

Goal 1: Students will be able to solve problems within an economic framework

Objectives:  Students will be able to:

A.        Analyze economic problems

B.        Conceptually evaluate the economic consequences of potential solutions to economic problems

Goal 2: Students will be able to think critically using various economic frameworks

Objectives:  Students will be able to:

A.        Critically assess economic arguments

B.        Apply analytic tools in evaluation of economic outcomes

Goal 3: Students will understand macroeconomic frameworks

Objectives:  Students will be able to:

A.        Display an understanding of the determinants of macroeconomic equilibrium

B.        Analyze the impact of exogenous or policy related shocks on macroeconomic equilibrium

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ECO102 – Principles of Microeconomics

College Level Learning Goals and Objectives

The Principles of Microeconomics course is a Field 5 – Social Science course.  Social Science courses satisfy the following learning goals and objectives:

Content:
Goal 1:  Students will demonstrate knowledge of human behavior from the perspective of a social science discipline.

Objectives:  Students will be able to:

C.        Demonstrate knowledge of the basic concepts and theories of a social science discipline.

D.        Demonstrate knowledge of research methodologies used in a social science discipline.

Skills:
Goal 2: Students will utilize a social science discipline to critically evaluate social, cultural, and/or political claims.

Objectives: Students will be able to:

C.        Apply social science concepts and theories to concrete problems of human society.

D.        Apply qualitative or quantitative analysis to situations in the world.

Program (BS/BA) Level Learning Goals and Objectives

The Principles of Microeconomics course satisfies the following learning goals and objectives associated with the Bachelor’s degree in Business:

Goal 2: BSBA graduates will have fundamental skills in accounting, finance, statistics, and management science.

Objectives:  Students will be able to:

A.        Demonstrate critical thinking and argumentation skills with emphasis on problem identification from various viewpoints, causal diagnosis, and solution development.

Goal 3: BSBA graduates will have a fundamental knowledge of global human behaviors and market structures.

Objectives:  Students will be able to:

B.        Demonstrate an understanding of the market structure, macroeconomic and international environments within which businesses operate, including the roles of financial institutions, the central bank, and the government.

Major Level Learning Goals and Objectives

The Principles of Microeconomics course satisfies the following Economics major level learning goals and objectives:

Goal 1: Students will be able to solve problems within an economic framework

Objectives:  Students will be able to:

A.        Analyze economic problems

B.        Conceptually evaluate the economic consequences of potential solutions to economic problems

Goal 2: Students will be able to think critically using various economic frameworks

Objectives:  Students will be able to:

A.        Critically assess economic arguments

B.        Apply analytic tools in evaluation of economic outcomes

Goal 4: Students will understand microeconomic frameworks

Objectives:  Students will be able to:

A.        Display an understanding of the determinants of the consumer behavior model in the context of consumer demand

B.        Display an understanding of the theory of the firm in perfectly and imperfectly competitive markets 

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ECO205 – Intermediate Microeconomics

Major Level Learning Goals and Objectives

The Intermediate Microeconomics course satisfies the following Economics major level learning goals and objectives:

Goal 1: Students will be able to solve problems within an economic framework

Objectives:  Students will be able to:

A.        Analyze economic problems

B.        Conceptually evaluate the economic consequences of potential solutions to economic problems

Goal 2: Students will be able to think critically using various economic frameworks

Objectives:  Students will be able to:

A.        Critically assess economic arguments

B.        Apply analytic tools in evaluation of economic outcomes

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ECO206 – Intermediate Microeconomics Analysis

Major Level Learning Goals and Objectives

The Intermediate Microeconomics Analysis course satisfies the following Economics major level learning goals and objectives:

Goal 1: Students will be able to solve problems within an economic framework

Objectives:  Students will be able to:

A.        Analyze economic problems

B.        Conceptually evaluate the economic consequences of potential solutions to economic problems

Goal 2: Students will be able to think critically using various economic frameworks

Objectives:  Students will be able to:

A.        Critically assess economic arguments

B.        Apply analytic tools in evaluation of economic outcomes

Goal 3: Students will understand macroeconomic frameworks

Objectives:  Students will be able to:

A.        Display an understanding of the determinants of macroeconomic equilibrium

B.        Analyze the impact of exogenous or policy related shocks on macroeconomic equilibrium

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ECO255 – Business Statistics I

Program (BS/BA) Level Learning Goals and Objectives

The Business Statistics I course satisfies the following learning goals and objectives associated with the Bachelor’s degree in Business:

Goal 2: BSBA graduates will have fundamental skills in accounting, finance, statistics, and management science.

Objectives:  Students will be able to:

A.        Demonstrate critical thinking and argumentation skills with emphasis on problem identification from various viewpoints, causal diagnosis, and solution development.

B.        Have sufficient mastery of statistical applications to conduct and interpret statistical analyses.

Major Level Learning Goals and Objectives

The Business Statistics I course satisfies the following Economics major level learning goals and objectives:

Goal 2: Students will be able to think critically using various economic frameworks

Objectives:  Students will be able to:

B.        Apply analytic tools in evaluation of economic outcomes

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ECO256 – Business Statistics II

Program (BS/BA) Level Learning Goals and Objectives

The Business Statistics II course satisfies the following learning goals and objectives associated with the Bachelor’s degree in Business:

Goal 2: BSBA graduates will have fundamental skills in accounting, finance, statistics, and management science.

Objectives:  Students will be able to:

A.        Demonstrate critical thinking and argumentation skills with emphasis on problem identification from various viewpoints, causal diagnosis, and solution development.

B.        Have sufficient mastery of statistical applications to conduct and interpret statistical analyses.

Major Level Learning Goals and Objectives

The Business Statistics II course satisfies the following Economics major level learning goals and objectives:

Goal 2: Students will be able to think critically using various economic frameworks

Objectives:  Students will be able to:

B.        Apply analytic tools in evaluation of economic outcomes

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ECO310 – Introduction to Geographic Information Systems

Major Level Learning Goals and Objectives

The Introduction to Geographical Information Systems course satisfies the following Economics major level learning goals and objectives:

Goal 1: Students will be able to solve problems within an economic framework

Objectives:  Students will be able to:

A.        Analyze economic problems

B.        Conceptually evaluate the economic consequences of potential solutions to economic problems

Goal 2: Students will be able to think critically using various economic frameworks

Objectives:  Students will be able to:

A.        Critically assess economic arguments

B.        Apply analytic tools in evaluation of economic outcomes

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ECO311 – Metropolitan Economic Development and GIS

Major Level Learning Goals and Objectives

The Metropolitan Economic Development and GIS course satisfies the following Economics major level learning goals and objectives:

Goal 2: Students will be able to think critically using various economic frameworks

Objectives:  Students will be able to:

B.        Apply analytic tools in evaluation of economic outcomes

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ECO330 – Money and the Economy

Major Level Learning Goals and Objectives

The Money and Economy course satisfies the following Economics major level learning goals and objectives:

Goal 1: Students will be able to solve problems within an economic framework

Objectives:  Students will be able to:

A.        Analyze economic problems

B.        Conceptually evaluate the economic consequences of potential solutions to economic problems

Goal 2: Students will be able to think critically using various economic frameworks

Objectives:  Students will be able to:

A.        Critically assess economic arguments

B.        Apply analytic tools in evaluation of economic outcomes

Goal 3: Students will understand macroeconomic frameworks

Objectives:  Students will be able to:

A.        Display an understanding of the determinants of macroeconomic equilibrium

B.        Analyze the impact of exogenous or policy related shocks on macroeconomic equilibrium

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ECO333 – Economics of Public Issues

Major Level Learning Goals and Objectives

The Economics of Public Issues course satisfies the following Economics major level learning goals and objectives:

Goal 1: Students will be able to solve problems within an economic framework

Objectives:  Students will be able to:

A.        Analyze economic problems

B.        Conceptually evaluate the economic consequences of potential solutions to economic problems

Goal 2: Students will be able to think critically using various economic frameworks

Objectives:  Students will be able to:

A.        Critically assess economic arguments

B.        Apply analytic tools in evaluation of economic outcomes

Goal 4: Students will understand microeconomic frameworks

Objectives:  Students will be able to:

A.        Display an understanding of the determinants of the consumer behavior model in the context of consumer demand

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ECO401 – Public Finance

Major Level Learning Goals and Objectives

The Public Finance course satisfies the following Economics major level learning goals and objectives:

Goal 1: Students will be able to solve problems within an economic framework

Objectives:  Students will be able to:

A.        Analyze economic problems

B.        Conceptually evaluate the economic consequences of potential solutions to economic problems

Goal 2: Students will be able to think critically using various economic frameworks

Objectives:  Students will be able to:

A.        Critically assess economic arguments

B.        Apply analytic tools in evaluation of economic outcomes

Goal 3: Students will understand macroeconomic frameworks

Objectives:  Students will be able to:

A.        Display an understanding of the determinants of macroeconomic equilibrium

B.        Analyze the impact of exogenous or policy related shocks on macroeconomic equilibrium

Goal 4: Students will understand microeconomic frameworks

Objectives:  Students will be able to:

A.        Display an understanding of the determinants of the consumer behavior model in the context of consumer demand

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ECO411 – State and Local Finance

Major Level Learning Goals and Objectives

The State and Local Finance course satisfies the following Economics major level learning goals and objectives:

Goal 1: Students will be able to solve problems within an economic framework

Objectives:  Students will be able to:

A.        Analyze economic problems

B.        Conceptually evaluate the economic consequences of potential solutions to economic problems

Goal 2: Students will be able to think critically using various economic frameworks

Objectives:  Students will be able to:

A.        Critically assess economic arguments

B.        Apply analytic tools in evaluation of economic outcomes

Goal 3: Students will have a fundamental knowledge of global human behaviors and market structures.

Objectives:  Students will be able to:

B.        Demonstrate an understanding of the market structure, macroeconomic and international environments within which businesses operate, including the roles of financial institutions, the central bank, and the government.

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ECO455 – Econometrics

Major Level Learning Goals and Objectives

The Econometrics course satisfies the following Economics major level learning goals and objectives:

Goal 1: Students will be able to solve problems within an economic framework

Objectives:  Students will be able to:

A.        Analyze economic problems

B.        Conceptually evaluate the economic consequences of potential solutions to economic problems

Goal 2: Students will be able to think critically using various economic frameworks

Objectives:  Students will be able to:

B.        Apply analytic tools in evaluation of economic outcomes

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ECO460 – International Trade

College Level Learning Goals and Objectives

The International Trade course is a designated ‘ Global Awareness’ course that enables students to develop an understanding of geographical regions other than the United States with a focus on their history, culture, and/or political systems.

Content:
Goal 1: Students will demonstrate knowledge of the history, culture, and/or political systems of societies, states, and peoples other than the United States.

Objectives:  Students will be able to:

A.        Identify and describe the history, social structures, political institutions, and/or patterns of cultural expression that characterize specific societies, states, and peoples outside the United States.

B.        Identify the various factors that have contributed to the history and development of social structures, political institutions, and patterns of cultural expression that characterize specific societies, states, peoples, and cultures outside the United States.

Skills:
Goal 2: Students will demonstrate how their knowledge of geographical regions other than the United States fosters greater awareness of the world in which the students live.

Objectives:  Students will be able to:

A.        Critically analyze how the history, culture, and/or political systems of geographical regions other than the United States inform the way people outside the United States view themselves.

B.        Critically analyze and reflect on how their knowledge of the history, culture, and/or political systems of geographical regions other than the United States inform the way in which the students understand their relationship to the world.

Major Level Learning Goals and Objectives (Economics)

The International Trade course satisfies the following Economics major level learning goals and objectives:

Goal 1: Students will be able to solve problems within an economic framework

Objectives:  Students will be able to:

A.        Analyze economic problems

B.        Conceptually evaluate the economic consequences of potential solutions to economic problems

Goal 2: Students will be able to think critically using various economic frameworks

Objectives:  Students will be able to:

A.        Critically assess economic arguments

B.        Apply analytic tools in evaluation of economic outcomes

Major Level Learning Goals and Objectives (International Business)

The International Trade course satisfies the following International Business major level learning goals and objectives:

Goal 1: Students will analyze the international environments in which businesses operate

Objectives:  Students will be able to:

B.        Identify the critical aspects of the external environment that must be modified when expanding from a domestic to an international market

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