ECO ECONOMICS DEPARTMENT CURRICULUM MAP Page 1

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1 ECO ECONOMICS DEPARTMENT CURRICULUM MAP Page LO a: Understand and apply the basic principles of micro and ECO05 ECO0 ECO ECO22 ECO222 ECO300 ECO 30 ECO305 ECO30 ECO307 ECO 3 ECO32 ECO33 ECO 325 ECO32 macroeconomics Demonstrate an understanding of market structure I /R I /R R E R R R R 2 Describe the impact of externalities and market failure I /R I /R E 3 Describe the role of monetary and fiscal policy I /R I /R R 4 Identify and explain key economic indicators I /R I /R R 5 Describe the causes of inflation I /R I /R Explain the relationship between price and quantity when examining supply I /R and demand I /R R E R R R R 7 Explain the role of elasticity I /R I /R E R R R 8 Explain the key components of Keynesian theory I /R I /R R E R R R 9 Identify key thinkers, their arguments, and historical context I /R I /R E R R R 0 Explain economic efficiency I /R I /R R E R R R R Explain competing theories of distribution I E R R R 2 Describe the components of the circular flow model I /R I /R E R R R R LO b: Understand and apply the basic principles of management ECO05 ECO0 ECO ECO22 ECO222 ECO300 ECO 30 ECO305 ECO30 ECO307 ECO 3 ECO32 ECO33 ECO 325 ECO32 Demonstrate an understanding of the four management functions 2 Demonstrate an understanding of the four functions ("P"s) of marketing 3 Identify the functions of Human Resource Management 4 Explain and demonstrate an understanding of economies of scale I I E R R R 5 Understand laws governing employment relationships I/R R Demonstrate an understanding of the four areas of the external environment 7 Understand business level strategies 8 Understand corporate level strategies 9 Demonstrate and understanding of corporate financial statements 0 Demonstrate an understanding of the time value of money I /R I/R R

2 ECO ECONOMICS DEPARTMENT CURRICULUM MAP Page 2 LO a: Understand and apply the basic principles of micro and macroeconomics Demonstrate an understanding of market structure ECO 335 R ECO 345 R ECO354 ECO3 ECO383 ECO393 ECO42 ECO43 ECO44 ECO443 ECO452 ECO455 2 Describe the impact of externalities and market failure 3 Describe the role of monetary and fiscal policy 4 Identify and explain key economic indicators 5 Describe the causes of inflation Explain the relationship between price and quantity when examining supply and demand 7 Explain the role of elasticity 8 Explain the key components of Keynesian theory 9 Identify key thinkers, their arguments, and historical context 0 Explain economic efficiency Explain competing theories of distribution 2 Describe the components of the circular flow model LO b: Understand and apply the basic principles of management Demonstrate an understanding of the four management functions 2 Demonstrate an understanding of the four functions ("P"s) of marketing R R R R R R R R E ECO 335 ECO 345 ECO354 ECO3 ECO383 ECO393 ECO42 ECO43 ECO44 ECO443 ECO452 ECO455 3 Identify the functions of Human Resource Management 4 Explain and demonstrate an understanding of economies of scale 5 Understand laws governing employment relationships E Demonstrate an understanding of the four areas of the external environment 7 Understand business level strategies 8 Understand corporate level strategies 9 Demonstrate and understanding of corporate financial statements 0 Demonstrate an understanding of the time value of money R

3 ECO ECONOMICS DEPARTMENT CURRICULUM MAP Page 3 LO2: Understand and utilize graphs, spreadsheets, and/or other basic quantitative techniques employed in the field ECO05 ECO0 ECO ECO22 ECO222 ECO300 ECO 30 ECO305 ECO30 ECO307 ECO 3 ECO32 ECO33 ECO 325 ECO32 Explain the difference between dependent and independent variables in I /R I /R I /R E E R R R R equations and graphically 2 Demonstrate graphing basics I /R I /R I /R E E R 3 Interpret graphs and charts I /R I /R I /R E E R R R R 4 Use spreadsheet to create charts and graphs from data I /R I /R R R R 5 Use functions in Excel to generate statistics I /R Understand how data/graphs can be used to influence people I /R I /R I/R R R R R 7 Describe the shape of a graph given a mathematical equation I /R I /R E 8 Use Excel to develop an economic analysis I 9 Use constrained optimization to analyze data I /R E R 0 Use marginal analysis to discuss economic situation I /R I/R E R R R R Understand the role of sample size in data analysis and inference I /R R

4 ECO ECONOMICS DEPARTMENT CURRICULUM MAP Page 4 LO2: Understand and utilize graphs, spreadsheets, and/or other basic quantitative techniques employed in the field Explain the difference between dependent and independent variables in equations and graphically 2 Demonstrate graphing basics 3 Interpret graphs and charts 4 Use spreadsheet to create charts and graphs from data 5 Use functions in Excel to generate statistics Understand how data/graphs can be used to influence people 7 Describe the shape of a graph given a mathematical equation 8 Use Excel to develop an economic analysis 9 Use constrained optimization to analyze data 0 Use marginal analysis to discuss economic situation Understand the role of sample size in data analysis and inference ECO 335 ECO 345 ECO354 ECO3 ECO383 ECO393 ECO42 ECO43 ECO44 ECO443 ECO452 ECO455 R R I/ R E I/ E I/ E R R

5 ECO ECONOMICS DEPARTMENT CURRICULUM MAP Page 5 LO 3: Gather relevant information, evaluate it critically and communicate it effectively in written and oral forms ECO05 ECO0 ECO ECO22 ECO222 ECO300 ECO 30 ECO305 ECO30 ECO307 ECO 3 ECO32 ECO33 ECO 325 ECO32 Identify valuable and reliable sources of primary, secondary and tertiary I R information 2 Demonstrate the proper citation techniques that eliminate plagiarism R 3 Formulate a research question, develop a thesis making use of evidence I/R R R R --WI 4 Develop logical, coherent argument based in research R R R --WI 5 Construct and defend an argument both orally and in writing R R R --WI Understand the difference between a well-grounded argument versus opinion or judgement I /R I /R I /R E R R R --WI 7 Display proper paper organization and grammatical techniques in writing I/R --WI 8 Make an effective, professional presentation I /R I /R I /R R R R Summarize and identify important concepts and theoretical assumptions 9 from readings I/R R R R Demonstrate professional writing in different formats including s, 0 letters, grant writing, business proposals LO 4: Compare and evaluate contending economic policy debates at the local, national and/or international level Display an understanding of assumptions within economic theory--basic arguments and limitations Distinguish between radical, liberal, and conservative perspectives with 2 regard to key current issues (at all levels) Recognize policy implications of radical, liberal, and conservative 3 perspectives with regard to key current issues (at all levels) Make connections between theories and concepts and current issues (at all 4 levels) Exhibit understanding of basic assumptions made by economic theories in 5 three schools of thought Exhibit understanding of basic criteria for critical evaluation of public policy/economic policy effectiveness ECO05 ECO0 ECO ECO22 ECO222 ECO300 ECO 30 ECO305 ECO30 ECO307 ECO 3 ECO32 ECO33 ECO 325 ECO32 I /R I /R I /R R E E R R R R I /R I /R E R R R I /R I /R E R R R I /R I /R I /R R R E E R R R I /R I /R E R R R I /R I /R I /R R E E R R R

6 ECO ECONOMICS DEPARTMENT CURRICULUM MAP Page LO 3: Gather relevant information, evaluate it critically and communicate it effectively in written and oral forms Identify valuable and reliable sources of primary, secondary and tertiary information 2 Demonstrate the proper citation techniques that eliminate plagiarism ECO 335 ECO 345 ECO354 ECO3 ECO383 ECO393 ECO42 ECO43 ECO44 ECO443 ECO452 ECO455 R --WI I/ I/ if WI if WI I/ R --WI I/ I/ if WI if WI I/ I/ 3 Formulate a research question, develop a thesis making use of evidence 4 Develop logical, coherent argument based in research 5 Construct and defend an argument both orally and in writing Understand the difference between a well-grounded argument versus opinion or judgement 7 Display proper paper organization and grammatical techniques in writing 8 Make an effective, professional presentation Summarize and identify important concepts and theoretical assumptions 9 from readings Demonstrate professional writing in different formats including s, 0 letters, grant writing, business proposals LO 4: Compare and evaluate contending economic policy debates at the local, national and/or international level Display an understanding of assumptions within economic theory--basic arguments and limitations Distinguish between radical, liberal, and conservative perspectives with 2 regard to key current issues (at all levels) Recognize policy implications of radical, liberal, and conservative 3 perspectives with regard to key current issues (at all levels) Make connections between theories and concepts and current issues (at all 4 levels) Exhibit understanding of basic assumptions made by economic theories in 5 three schools of thought Exhibit understanding of basic criteria for critical evaluation of public policy/economic policy effectiveness --WI --WI I/ --WI --WI I/ I/ I/ --WI --WI I/ I/ if WI if WI I/ I/ --WI --WI I/ I/ I/ I/ --WI --WI I/ I/ if WI if WI I/ I/ I/ I/ I/ --WI I/ I/ I/ ECO 335 ECO 345 ECO354 ECO3 ECO383 ECO393 ECO42 ECO43 ECO44 ECO443 ECO452 ECO455 E E R E E R E E

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