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MAEcon Goal 3

 

MAEcon Goal 1 MAEcon Goal 2 MAEcon Goal 3 MA Econ Goal 4

Degree Program:  MA - Economics

Goal 3:  The student will acquire high-level empirical skills.
 

Fair

Did Not Meet Expectations
Limited Accomplishment



1  2  3

Good

Met Expectations
Some Problems
Needs Improvement

4  5  6

Exemplary

Met Expectations
Considerable Expertise Shown
With Project

7  8  9

Measures

Direct or indirect measurements and/or measurement links

 

Score

Assessment assigned to learning objective

Understand basic econometric modeling techniques

Lacked an understanding of the essential econometric tools.

Minor errors and problems in understanding the necessary econometric tools

Clear understanding of basic econometrics.

Exercises in problem sets and exams in ECON 7810/8810

       

Be proficient with contemporary econometric software

Lacked an  understanding of  any major econometric software.

Minor errors and problems in applying the necessary econometric software for a project at hand

Clear understanding of econometric software, and demonstrated fluency in applying them accurately.

Empirical projects in ECON 7810/8810

       

Know how to interpret economic data and where to find relevant data by using appropriate technology

Lacked an understanding of   the nature and usefulness of major economic data sets

Minor problems understanding of   the nature and usefulness of major economic data sets

Clear understanding of   the nature and usefulness of major economic data sets

Data sets online or in publications needed for empirical projects in ECON 7810/8810

       

Develop and estimate economic models, test economic hypothesis, and perform basic forecasting tasks

Lacked the ability to apply the essential econometric methods and tools.

Minor errors and problems in applying the necessary econometric methods and tools

Capable of choosing and applying with fluency the correct econometric methods and tools for problems at hand.

higher-level empirical projects that require students to figure econometric methods needed in ECON 7810/8810

      


 

Assessment - Fogelman College of Business and Economics - The University of Memphis