| Knowledge: Understand and apply... |
| Microeconomics of decision and constrained choice |
- Incentives and their effects
- Opportunity cost
- Marginal considerations
- Impact of expectations and surprises
- Social cost and benefits
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Macroeconomic variables and relationships |
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Developments in economic policy and their relevance |
Interconnections between economic and other phenomena |
| Skills: Be able to... |
| Use technology effectively |
- Locate reference material and data efficiently
- Process and analyze information/data
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| Apply economics knowledge to real world problems |
- Solve complex problems
- Balance simplification and relevance
- Develop specific action plans to address problems, with metrics to assess plans’ successes or failures
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| Articulate and defend normative analyses |
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| Communicate clearly in writing |
- Demonstrate writing skills – grammar, spelling, citations, bibliography, etc.
- Organize, interpret and present quantitative data
- Communicate complex concepts
|
| Communicate clearly in speech |
- Demonstrate speaking skills – grammar, presentation skills, organization, etc.
- Organize, interpret and present quantitative data
- Communicate complex concepts
|
