Economics Learning Goals for MLIE Majors

The Economics Board of Advisors and Economics faculty at Xavier created the following goals and objectives for graduating students.

Graduating Economics students will be able to:

Knowledge: Understand and apply -

  1. Microeconomics of decision and constrained choice
    • Incentives and their effects
    • Opportunity cost
    • Marginal considerations
    • Impact of expectations and surprises
    • Social cost and benefits
  2. Macroeconomic variables and relationships - both domestic and global
  3. Developments in international economic policy and their relevance
  4. Interconnections between economic and other phenomena

Skills:

  1. Use technology effectively
    • Locate reference material and data efficiently
    • Process and analyze information/data
  2. Apply economics knowledge to real world international economic problems
    • Solve complex problems
    • Balance simplification and relevance
    • Develop specific action plans to address problems, with metrics to assess plans - successes or failures
  3. Articulate and defend normative analyses
  4. Communicate clearly in writing
    • Demonstrate writing skills - grammar, spelling, citations, bibliography, etc.
    • Organize, interpret and present quantitative data
    • Communicate complex concepts
  5. Communicate clearly in speech
    • Demonstrate speaking skills - grammar, presentation skills, organization, etc.
    • Organize, interpret and present quantitative data
    • Communicate complex concepts