Course Learning Outcomes
By the end of this course, students will be able to:
- Analyze how fundamental economic principles influence personal financial decision-making.
- Evaluate the factors that shape individual financial priorities and apply rational decision-making strategies.
- Assess sources of income and examine the relationship between career preparation and lifetime earning potential.
- Evaluate savings methods and investment strategies in the context of personal financial goals.
- Apply principles of personal money management, including income management, budget planning and execution, spending decisions (e.g., groceries, insurance, healthcare, taxes), and overall financial planning.
General Education Essential Learning Outcomes (Social & Behavioral Sciences)
This course fulfills the General Education Social and Behavioral Sciences requirement. Upon successful completion of this course, students will be able to:
- Examine institutions and human behavior through social and behavioral concepts, methods, or theories.
- Analyze diverse perspectives to explore and examine social and behavioral phenomena.
- Apply discipline-relevant and scientific theories and methods to make inferences about or applications to social and behavioral phenomena at personal, institutional, or cultural levels.
Alignment of Course to General Education Outcomes
This course uses personal finance as a framework to develop social and behavioral understanding of financial decision-making:
Outcome 1: Examine
Students examine how individuals interact with financial institutions (e.g., banks, credit markets, and insurance systems) and how economic principles influence behavior.
Supported by: lectures, quizzes, and exams on budgeting, credit, insurance, and financial markets.
Outcome 2: Analyze
Students analyze diverse financial behaviors and perspectives, including differences in income, risk tolerance, financial priorities, and cultural influences on spending and saving.
Supported by: discussion posts, case studies, and peer interactions.
Outcome 3: Apply
Students apply financial theories and decision-making tools to real-life situations such as budgeting, job selection, home buying, and insurance planning.
Supported by: major projects (life decision simulations, budgeting & midterm project on career planning).