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INTENDED LEARNING OUTCOMES FOR STUDENTS

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Communications – Be able to:

  • speak, read, write, and listen effectively, 

  • answer questions extemporaneously and understandably in both oral and written contexts,

  • prepare and deliver information to professionals as well as the general public,

  • use internet communications effectively.

Computers – Be able to:

  • use basic word processing, spreadsheet, database, and presentation software,
  • use a computer to effectively organize and analyze information.

Decision Making/Problem Solving – Be able to:

  • work effectively in defining and solving economic problems, both in individual and team situations,

  • understand the humane, ethical, legal, and environmental dimensions of complex problems,

  • obtain, summarize, analyze, and interpret research data,

  • define a problem, distinguish verifiable facts from value claims, determine the accuracy of information or statements, identify assumptions, detect bias, and distinguish information that is relevant from that which is not,

  • establish priorities and complete tasks in a timely fashion.

Human Relations – Be able to:

  • accept and respect the opinions and beliefs of others,
  • demonstrate effective interpersonal skills,
  • understand and have confidence in oneself,
  • understand global/international aspects of human relations.

Disciplinary Outcomes – Be able to:

  • "think like economists," i.e., possess skills that prepare them for a wide range of careers in business and government, as well as further graduate or professional education in areas such as the various fields of economics, law, and business.

  • use logic and chains of deductive reasoning in conjunction with economic models such as supply and demand, marginal analysis, benefit-cost phenomena,

  • identify tradeoffs in the context of constraints, especially those that are economic in nature,

  • distinguish positive (what is) from normative (what is believed should be) analysis,

  • trace the behavioral implications of economic change while abstracting from other aspects of reality, and explore consequences of aggregation (e.g., the fallacy of composition),

  • describe the re-distributive implications of changes in economic institutions and policies and collect data to evaluate and refine one’s understanding of the economy,

  • test alternative hypotheses about how individuals and firms make economic choices and how the economic system works,

  • interpret financial statements, calculate profit (or loss) and return on investment, and construct budgets and plans,

  • understand the process of implementing economic policies and their economic impacts,

  • interpret economic impacts of laws and regulations,

  • understand different types of market organization and corresponding appropriate competitive strategies,

  • understand the global interdependence of economics and economic concepts associated with trade.

Career/Placement – Be able to:

  • obtain meaningful, desired employment, both temporary and permanent,
  • successfully pursue advanced study,
  • succeed in one’s chosen profession.

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This page created and maintained by the Department of Agricultural and Applied Economics, Texas Tech University

Last updated 09/03/05