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Degree Program: MA -
Economics
Goal 1: The student will
acquire a strong base in theoretical economic analysis.
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Fair
Did Not Meet Expectations
Limited Accomplishment
1 2 3 |
Good
Met Expectations
Some Problems
Needs Improveme
4 5 6 |
Exemplary
Met Expectations
Considerable Expertise Shown
With Project
7 8 9 |
Measures
Direct or indirect measurements and/or measurement links
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Score
Assessment assigned to learning objective |
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Acquire the
mathematical tools that are necessary for the understanding of
theoretical economic analysis |
Demonstrated
errors in major mathematical operations and has a lack of
understanding of the essential mathematical tools and their
applications to economics. |
Minor errors
and problems in understanding and applying the necessary
mathematical tools |
Clear
understanding of the mathematical operations, and demonstrated
fluency in applying them accurately. |
Problem sets,
class exercises and exams in ECON 7120; comprehensive exams |
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Formulate and solve
optimization exercises |
Minimally
accomplishes formulation of the optimization program. Major
procedural flaws in finding the solution to the exercise |
Accurate
formulation of the optimization program. Some procedural errors in
computing the solution. |
Clear and
accurate formulation of the optimization program. Correct
mathematical procedures and error-free computation of the solution. |
Class projects,
problem sets, and written papers in ECON 7300, 7120, 7310 and 7320;
comprehensive exams. |
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Acquire a graduate
level comprehension of microeconomic and macroeconomic theory |
Weakness in
understanding the analytical and mathematical concepts. Difficulty
in comprehending the economic intuition behind theoretical models. |
Some difficulty
in understanding the theoretical models, but is reasonably clear in
the comprehension of the analytical and mathematical concepts |
Excellent
understanding of the theoretical and mathematical concepts. Strong
intuitive comprehension of theoretical models |
Class projects,
problem sets and exams in ECON 7300, 7310 and 7320; comprehensive
exams. |
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Analyze real world situations utilizing
microeconomic and macroeconomic theoretical concepts |
Significant
inaccuracies and gaps in analyzing problems using theoretical
concepts. Analysis tends to omit major issues |
Intermediate
ability in analyzing problems. Mostly effective in incorporating
all major features of the case. |
Clear and
effective analysis. The formulation captures all the meaningful and
major aspects of the problem. |
Case studies,
projects and problem solving exercises in ECON 7300, 7310, 7320,
7910 and 7810.
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