Program Outcomes

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• Get an understanding of basic economic theory;
• Learn the mathematical and statistical techniques necessary for a proper understanding of the discipline;
• Get an introduction to real world economic issues and problems facing the country and the world;
• Gain an understanding of proper policy responses to economic problems;
• Get trained to collect primary data and learn sampling techniques;
• Learn to use scientific empirical methods to arrive at conclusions about the validity of economic theories;
• Get trained in the art of economic modeling.
• Students will understand and demonstrate core micro-economic terms, concepts, and theories.
• Students will be able to differentiate between positive and normative statements.
• Students will be able to analyze data to solve complex economic problems.
• Students will understand general economic concepts (supply & demand, comparative advantage, opportunity cost, etc
• Students will be able to explain how fiscal and monetary policies can be used to promote equity.
• Students will be able to identify key macroeconomics indicators, and measures of economic change, growth, and development
• Students will be able to identify and explain the key concepts underlying comparative advantage and market failure.
• Students will be able to demonstrate an ability to conceptualize problems analytically.
• Students will be able to identify appropriate tools to make an economic evaluation.
• Students will be able to assess an economic situation in which they find themselves from an ethics perspective, using appropriate analytical tools to arrive at ethically defendable choices.