Department of Economics

Mission Statement and Learning Outcomes

The mission of the economics program is to provide students with the intellectual and analytical tools necessary to function in a dynamic economy. The student will be given training in qualitative and quantitative methodology which will facilitate understanding of economic theory and policy as well as the ability to apply that theory to the real world. Students will acquire the knowledge and skills necessary to enter graduate or law school and/or to facilitate a career path in business, finance, government, education, non-profits, and public policy.

Economics Department Goals

1. To produce graduates with an understanding of the basic tools and theories of economics.

2. To produce graduates who can think critically about economic problems facing society and the potential solutions to those problems.

3. To produce graduates who possess the appropriate skill sets for employment in the private, government, and non-profit sectors of the economy, and for productive civic engagement.

4. To produce graduates who are prepared for graduate study in the fields of economics, business, public administration, international studies, and law.

Student Learning Objectives

1. Be able to identify economic issues and problems, gather data needed to evaluate them, and analyze the data to gain insights into economic behavior and formulate possible solutions.

2. Be able to apply mainstream macroeconomics theory to explain and predict events in the aggregate economy, including roles played by fiscal and monetary policies.

3. Be able to utilize demand and supply curves, use comparative static analysis and the concept of elasticity of demand and supply.

4. Be able to communicate with written and spoken word in the discipline of economics.

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