Economics

• Certificate 

  Students completing the International Business and Economics Certificate will:

  • Recognize and Anticipate how sociocultural differences shape institutions and business decisions    
  • Recognize and Anticipate how political / economic forces shape institutions and Business Decisions    
  • Identify the Benefits and Costs of a global economy    

• Associate Degree

  Students completing the Associate of Science in Business & Economics degree will:

  • Be numerically literate.
  • Be able to use the concepts of supply and demand to analyze current economic issues.
  • Be able to use the aggregate demand/aggregate supply framework.
  • Understand the professional role played by accountants in society
  • Effectively utilize the accounting cycle

   

• Bachelor Degree

  Students completing the Bachelor of Science degree in Economics, Economics and Legal Studies, Business Economics, International Business Economics, International Economics, and Quantitative Economics will be able to demonstrate the following:

  • Economics majors will be numerically literate, and possess strong written and oral communication skills.
  • All Economics majors should be able to use statistical methods for problem solving (e.g., hypothesis testing, regression analysis).
  • All Economics majors should be able to use the concepts of supply and demand to analyze current economic issues.
  • All Economics majors should be able to use the aggregate demand/aggregate supply framework.
  • All Economics majors should be able to identify the benefits and costs of a global economy.

Economics is a social science that provides general analysis of decision making where resource constraints are present. Economics provides a logical framework that allows analysis of decisions on the personal, firm, societal and global level. Frequently, this analysis is conducted by drawing on mathematical and statistical reasoning.
 
Students have a choice between six degrees in Business Economics and General Economics. Students with a bachelor's degree in Business Economics are generally prepared to take entry level jobs in any area of business, but are particularly prepared for jobs that call for data analysis, pricing, purchasing, and report writing. Business economists are often employed in private business firms in the financial, retailing, and industrial sectors. A degree in Quantitative Economics prepares students for graduate studies in economics, but also for high-level analysis work as an actuary. International Economics and International Business Economics degrees prepare students for jobs in international settings or in multinational corporations.
 
A degree in Economics is also regarded by graduate schools as excellent preparation for advanced work toward an MBA, advanced degrees in other business related disciplines such as human resource management, public administration, finance, and international business, and law

Program assessment within the economics department is focused on the Research Methods class (ECON 4980). This class is designed as a capstone experience class where students complete and present an individual research project. The economics department also administers the Test of Understanding College Economics (TUCE-4) in Micro and Macro-economics to graduating seniors who are enrolled in ECON 4980. Graduate exit surveys and syllabus analysis are conducted on at least a bi-annual basis to supplement the direct assessment results. General education learning outcomes are assessed via common exam questions that are embedded into the final exam of multiple sections taught by various instructors.

2017-18

2012-13