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Learning Outcomes - B.A. in Economics

For students who are neither economics majors nor B.S. in Business Administration Students

These students most often take Eco 101 (Principles of Microeconomics) or ECO 100 (Principles of Macroeconomics.)

1. Students will understand the institutions and operation of the U.S. economy.

2. Students will be able to use graphical models, logical argument, mathematics and written communication to explain basic market outcomes and to analyze real-world policy alternatives.

3. Students will be able to make the connection between economics and their individual majors.

4. Students will learn a rigorous set of tools that will allow them to take more economics as undergraduates or to support non-economic graduate studies.

For students who declare a minor in economics

In addition to the outcomes listed above, students choosing to minor in economic will,

5. under the supervision of an advisor, build on their knowledge of basic economics and design a minor that fully supports their major.

For students who are B.S. Business Administration majors with non-Economics concentrations

6. In addition to 1 – 4 above, students who take additional required/elective courses offered by the B.A. in Economics program will receive additional coursework that will teach them to think critically about the ethical and moral implications of choices made by individuals, businesses and government.

7. Students will be able to communicate arguments and effectively present them in written and oral presentations.

8. Students will conduct analyses of current issues in the economy using graphical and mathematical models, equations, graphs, databases software and statistical tools.

For B.A. Program in Economics majors and students who take advanced courses in Economics.

In addition to the above,

9. Economics majors will be able to apply advanced microeconomic and macroeconomic theories to explain the behavior of individuals, businesses, and industries in market-based systems and the challenges of developing economies.

10. Economics majors will be able to explain the role of government in the economy, including taxing, spending, regulating and producing.

11. Students will be familiar with competing economic paradigms and the historical development of the discipline.

12. Economics majors will be offered courses that use matrix algebra, differential calculus, maximization and minimization techniques, and integral calculus to examine economic issues.

These courses are mandatory for students preparing for graduate school in economics.

Students who are qualified will be encouraged to complete a senior paper or honors thesis, conducting a significant research project that will contain a hypothesis, literature review, collection of evidence and statistical testing and analysis.