CLO 1 (GE SBS – Examine and Think Critically): Examine institutions and human behavior through economic concepts, methods, and theories. Students will critically conceptualize, analyze, and evaluate how scarcity, incentives, marginal choices, and market institutions shape individual and firm behavior.
CLO 2 (GE SBS – Analyze and Use Quantitative Evidence): Analyze economic behavior and market outcomes from the diverse perspectives of consumers, producers, workers, and policymakers. Students will use words, tables, graphs, and equations to develop and communicate arguments supported by quantitative evidence.
CLO 3 (GE SBS – Apply Economics to Civic and Social Questions): Apply economic theories and methods to real-world phenomena at the personal, institutional, cultural, and civic levels. Students will evaluate how economic choices and public policies affect communities, market efficiency, equity, and quality of life.
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Alignment with USHE Board Policy R470, Social and Behavioral Sciences Essential Learning Outcomes:
Examine (CLO 1): Assessed through Learning Curve activities, Homework, and instructor-led case studies. Students examine how scarcity, incentives, marginal choices, and market institutions shape individual and firm behavior and explain these relationships using economic concepts, models, and graphs.
Analyze (CLO 2): Assessed through Decision Point activities, Podcast Assignments, and class discussions. Students compare the perspectives and incentives of consumers, producers, workers, and policymakers and analyze trade-offs involving efficiency, equity, and market outcomes.
Apply (CLO 3): Assessed through Homework, Podcast Assignments, and in-class case analyses. Students apply economic models to real-world situations and draw supported conclusions about personal choices, institutional behavior, public policies, communities, and quality of life.