Economics
Mission Statement
The Department of Economics is made up of a community of scholars who are committed
to providing students the opportunity to gain both theoretical and practical knowledge to
analyze problems, think strategically, and lead effectively. Students are given the
opportunity to develop the skills of decision making, creativity, and independent
scholarship.
The following goals are integral in fulfilling our mission:
- Every student will have access to an intellectually and culturally diverse faculty who
are able to aid the student in understanding the global economy. Each student will have
the opportunity to be exposed to a myriad of perspectives which enable the student to
effectively analyze a variety of business, social, and political situations.
- Our students will be numerically literate, and possess strong written and oral
communication skills. Every student will have prepared papers which combine numerical data
with the written word. All students will have the ability to orally present their ideas
and to effectively listen and glean information from the presentations of others.
- Economics students will be able to use statistical data to help solve a variety of
analytical problems. Each student will have experience using the computer to analyze
statistical data. Graduates will be able to make statistical projections regarding
economic, financial, and demographic data; and be able to critically evaluate reports
containing the statistical analysis of data. Students will be able to conduct hypothesis
tests and be able to interpret linear a regression model.
- Every student will be able to use the concept of supply and demand to analyze the
current economic issues of the day. Each student will be able to apply the economic
principles of decision making to personal, social, and business situations. Students will
have the capability to understand the impact of international macroeconomic phenomena on
the national economy. Students will be able to understand and apply the concepts of
elasticity, public goods, and comparative advantage. Students will be able to understand
theories on the root causes of unemployment, inflation, and economic growth.
- Graduates from the Department of Economics will have an education reflecting both depth
and breadth. This will put graduates in the unique position to lead organizations
comprised of individuals with varied skills, knowledge and backgrounds. Our students will
be able to creatively apply the theoretical principles of economics to the functional
areas of business, government, and society.
- Every faculty member will fulfill the role of a teaching scholar. Excellence in teaching
is not possible without a faculty actively involved in instructional improvement,
advancement of theory and practice through research, publication, and professional
development, and professional involvement with the community.
Student Learning Outcomes
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