Measurable Student Learning Outcomes
1. (Comprehension Level) Describe and define the major concepts in economics and analyze major economic systems. (CSLO 1, 4)
2. (Analysis Level) Compare and contrast the differences between micro and macro economics. (CSLO 2)
3. (Comprehension Level) Describe and define the determinants of supply and demand, and the effect on equilibrium price. (CSLO 2, 4)
4. (Comprehension Level) Identify and illustrate measures of the national economy, and describe how they are compiled and analyzed. (CSLO 2, 4)
5. (Analysis Level) Examine and formulate relationships associated with causes and effects on the economy due to inflation and unemployment. (CSLO 2, 3, 4)
6. (Analysis Level) Compare and contrast concepts of the aggregate demand and supply curve. (CSLO 2)
7. (Analysis Level) Examine and distinguish the relationship between money and prices. (CSLO 2, 4)
8. (Application Level) Illustrate and apply commercial banking procedures and the functions of the Federal Reserve System. (CSLO 2)
9. (Application Level) Demonstrate, modify, and calculate U.S. fiscal and monetary policy and problems which occur. (CSLO 2, 3, 4)
10. (Analysis Level) State difficulties/ similarities and hypothesize possible solutions related to international trade. (CSLO 1, 4)