Economics, B.A.

Learning Goals and Student Learning Outcomes

The following goals and learning outcomes have been established for students pursuing a degree in Economics.

Understand critical concepts

• Understand the economic challenge of allocating limited resources among competing uses in a global economy and across different market structures under conditions of limited information.
•  Understand the behavior of consumers and producers in product and factor markets and    the concept of efficient allocation of resources as a maximizing mechanism.
• Understand the role of government in the economy in the context of business        activity, income distribution, economic growth, globalization and market failure.

Engage in policy oriented analysis

• Understand the theory used to analyze economic variables and how they are affected by public policy and other factors.
•  Critically evaluate and compare alternative schools of thought and expected policy outcomes.
•  Understand the interaction between goods, factors and financial markets.

 Operate professionally

• Understand how to access, use and interpret economic data and apply theory to analyze and discuss economic issues and events.
• Understand how to access existing economic literature and analyze economic problems using theoretical, statistical, and quantitative methods.