Learning Goals and Outcomes for the Environmental and Business Economics Program

Program Learning Goals

Learning Outcomes/Objectives

1. Develop the ability to utilize and explain core economic, management, financial and accounting terms

1.1 Explain the function of markets and prices as allocative mechanisms

 

1.2 Apply the concept of equilibrium to both microeconomics and macroeconomics

 

1.3 Explain the contribution of economics to public policy

 

1.4 Identify entrepreneurial management strategies

 

1.5 Interpret basic financial statements

 

1.6 Calculate value for financial instruments and investment projects

2. Apply economic theories and concepts to contemporary social issues, as well as formulation of policy

2.1 Identify and evaluate impacts of public policy on various sectors of the economy

 

2.2 Identify and evaluate socio-economic forces shaping global markets

 

2.3 Identify the role of public sector research in developing new technology and stimulating private technology development

3. Demonstrate quantitative reasoning skills

3.1 Present an economic argument in quantitative terms

 

3.2 Conduct economic analysis using equations and graphs

 

3.3 Interpret basic econometric and statistical results

 

3.4 Formulate testable hypotheses based on operational definitions of variables

 

3.5 Evaluate the validity of conclusions presented in research reports

 

3.6 Utilize computer software for economic and business analysis

4. Recognize the role of ethical values in economic decisions

4.1 Distinguish between normative and positive economics

 

4.2 Identify ethical behavior

 

4.3 Distinguish between efficiency and equity

5. Demonstrate critical and effective communication skills

5.1 Utilize professional writing conventions appropriate to purpose and context

 

5.2 Utilize effective oral communication skills in various formats

The learning outcomes/objectives identified above are addressed in the EBE curriculum. Table 2 provides the curricular linkages to program goals and outcomes.

Table 2: Program Outcome Assessment: Curricular Linkages to Learning Outcomes

  Required/Core Courses (11:373:#) in EBE Program Elective Courses (11:373:#)
Program Outcome 121 231 321 201 215 210 211 241 351 331 465 404 451 323 202 205
122   422             402     403 371 335  
                        352 431 361  
                            363  
1.1
X
X
X
1.2
X
1.3
X
1.4
X
X
1.5
X
X
1.6
X
X
X
2.1
X
X
X
2.2
X
X
2.3
X
3.1
X
X
3.2
X
3.3
X
X
3.4
X
X
3.5
X
3.6
X
X
4.1
X
4.2
X
4.3
X
5.1
X
X
X
5.2
X
X
X