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2006-2007
ECONOMICS (BA/BS)
Methods of Assessment and Criteria for Success
Intended Program Outcomes
Direct Measures
Indirect Measures
1. Critical Thinking Skills
 Demonstrate ability to distinguish between
macro- and micro-economic issues.
 Identify and apply economizing problems
issues in real-life through cost-benefit analysis.
 Demonstrate ability to collect data and
construct and estimate economic models. For
instance, forecasting economic trends using
econometric models.
 Observe and analyze real data; formulate
explanations of cause and effect relationship
(hypothesis) based upon facts; accept, reject,
or modify hypothesis; understand the
difference between inductive and deductive
reasoning, positive and normative economics.


Sixty-nine percent (69%) of the students
(seniors) passed the above capstone
courses (ECP 4703; ECO 4223; and ECO
4713) with grade of “C” or better.

Sixty percent (60%) of the seniors surveyed
indicated that they are satisfied with the
projects and instruction in the capstone
courses. This is below the expected seventyfive percent (75%) target range.
2. Content Knowledge:
 Analyze the concepts of scarcity, choice, and
opportunity cost; distinguish between classical
and Keynesian employment theories; and
distinguish between the concepts of demand
and supply related to product, resource, and
money markets.
Demonstrate the ability to write a clear and concise
essay on economic issues that develops a consistent
argument and evidence to support interpretation of
economic situations.

Test students in essay and multiple choice
exam. Seventy-five percent (75%) of
students taking Principles of Economics I
and II will pass with grade of “C” or better.


Sixty-nine percent (69%) of the students
who took ECO 2013 and ECO 2023 earned a
grade of “C” or better.
Sixty-one percent (61%) of the students
passed ECO 3421 with grade “C” or better.
About seventy-five percent (75%) of Economics
graduates will rank Principles of Economics I
and II favorable in exit survey: “How did ECO
2013 and ECO 2023 provide a foundation for
your success in upper-level economics
courses?”
In exit survey, seventy-five percent (75%) of
the graduating seniors will rank instruction in
Econometrics and Mathematical Economics
favorable by responding to the following
question: “Please rate the level of satisfaction
with the instruction in ECO 3421 and ECO 4401.
Eighty-eight percent (88%) of the Economics
seniors who took ECO 2013 and ECO 2023
indicated that they are satisfied with the latter


Students (seniors) are expected to complete
research paper and essay exams graded on
content and style in the following capstone
courses: ECP 4703: Managerial Economics,
ECO 4223: Money and Banking, and ECO
4713: International Finance. Seventy-five
percent (75%) of students taking these
courses will pass with a grade of “C” or
better.
Rubrics: Design course projects for the
students. More than ninety percent (90%)
of seniors taking the above courses will
satisfactorily complete (“C” or better) their
projects.

In an exit survey, more than seventy-five
percent (75%) of graduating seniors will rank
the instruction in the above capstone courses
favorable by responding to the following survey
question: “Please rank the level of satisfaction
with the instruction in ECP 4403; ECP 4703;
ECO 4704; and ECO 4713”.
More than eighty-percent (80%) of seniors who
complete these projects will rate them satisfactory by
responding to the following survey question: “Please
rate the level of satisfaction with the knowledge gained
through instruction in writing research projects in the
capstone courses --- ECP 4703; ECO 4713; and ECO
4223”.


courses. This is above the target of seventyfive percent (75%) satisfaction rate.
Sixty-nine percent (69%) of the Economics seniors who
took ECO 3421 and ECO 4401 indicated that they are
satisfied with the latter courses. This is below the
target of seventy-five percent (75%) satisfaction rate.
3. Professional Development:
Summarize internship experience by preparing
Internship Report that focuses on role and
experience gained from various internship set-ups.



More than ninety percent (90%) of interns
will successfully complete their Internship
and Internship Reports at the end of the
internship.
Ninety percent (90%) of graduates will earn
grade “B” or better in ECO 3921:
Professional Development.
The target (of above ninety-percent (90%))
success rate was achieved (93%)in ECO
4943: Internship Economics. However,
seventy-five percent (75%) of the students
passed ECO 3921 with a grade "B" or
better.

More than ninety-percent (90%) of the interns
will receive satisfactory (or higher) evaluation
by their supervisors.
 More than eighty percent (80%) of the interns
will rank their internship experience satisfactory
in exit survey.
Exit survey will indicate that more than eighty
percent (80%) of graduating students responded that
they were extremely satisfied with the knowledge
gained from ECO 3921: Professional Development by
responding to the following survey question: “Please
rate the level of satisfaction with the materials covered
in and knowledge gained by taking ECO 3921:
Professional Development”.



4. Communication Skill(s)
 Graduates will demonstrate proficiency in their
ability to present an oral and written
presentation in the capstone courses, which
include ECP 4703: Managerial Economics, ECO
4713: International Finance, and ECO 4223:
Money and Banking.
Research and execute a complex economic concept
effectively through written research reports.


More than seventy-five percent (75%) of
seniors will earn passing grade (“C” or
better) in their oral and written
presentations and projects in the capstone
courses (ECP 4703; ECO 4713 and ECO
4223).
Sixty-nine percent (69%) of Economics
majors passed the capstone courses by
writing the projects, writing the essay
exams in these courses, and making oral

One hundred percent (100%) of the interns
received satisfactory (or higher) evaluation by
their supervisors.
On the other hand, fifty-six percent (56%) of
the interns ranked their internship experience
satisfactory in exit survey. This is below the
eighty percent (80%) target.
Eighty-one percent (81%) of graduating seniors
rated the materials covered in and knowledge
gained by taking ECO 3921: Professional
Development satisfactory. This is a little above
the target of eighty percent (80%).
More than ninety-percent (90%) of the
Internship Supervisors will rank interns above
average or excellent in their evaluation of the
interns’ written and oral performance on the
job.
 Students’ effectiveness will be measured by
faculty members rating presentations using the
oral and written communication skills.
Assessment of students will be based on criteria
prepared by faculty and Internship Supervisors,
presentations.
5. Interdisciplinary Perspective:
 Demonstrate ability to Prepare Technical
Research Reports that focus on
multidisciplinary areas. The research reports
will be expected to be of publishable standard.
 Summarize team-work experience gained
during the internship period.
Understand the importance of interdisciplinary
cooperation and issues in business environment.




Eighty percent (80%) of interns will earn
grade “B” or better in ECO 4943: Internship
Economics.
Eighty percent (80%) of students will earn
grade “C” or better in ECO 3921:
Professional Development.
The target outcome of eighty percent
(80%) pass rate was achieved in ECO 4943.
The actual performance is eighty-six percent
(86%).
The target outcome of eighty percent
(80%) pass rate of "C" or better was
achieved in ECO 3921. Actually, eightyeight percent (88%) of students passed
with grade "C" or better.
respectively.

One-hundred percent (100%) of the internship
supervisors ranked the interns above average or
excellent in their evaluation of the interns’
written and oral performance on the job.
Furthermore, one-hundred percent (100%) of
the students were rated effective in their oral
and written communication skills by their
internship supervisors.

Exit survey will indicate that more than eightypercent (80%) of graduating students
responded that they were extremely satisfied
with interdisciplinary knowledge gained from
their internship experience by responding to the
following survey item: “Please rate your level of
satisfaction with your internship experience in
terms of interdisciplinary knowledge”.

Fifty-six percent (56%) of the graduating
seniors rated their internship experience, in
terms of interdisciplinary knowledge,
satisfactory. This is below the eighty-percent
(80%) target.