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Program Learning Outcomes

  • Describe fundamental economic principles and theories.
  • Demonstrate how markets interact to determine equilibrium price and quantity.
  • Compare and contrast the four basic market structures.
  • Demonstrate communications skills to communicate economic concepts, theories, laws, principles, and applications by producing artifacts, both written and oral.
  • Calculate fundamental economic information.
  • Interpret economic information represented in data, graphs, and tables.
  • Describe how economics has influenced the history of the United States through creative written or oral presentations.
  • Explain the types of monetary and fiscal policy and explain how they are used in our economy.
  • Explain how economic terms and theories are used to explain many of our socio-economic situations we see today in society.
  • Interpret economic information from economic data sources, such as FRED.