1. W. Ken Farr Economics and Finance GCSU Assessment Day 2010 The Economics Major Assessment Methodology

2. The Association to Advance Collegiate Schools of Business (AACSB) AACSB accreditation assures quality and promotes excellence and continuous improvement in undergraduate and graduate education for business administration and accounting.

3. College of Business (COB) Mission Statement The mission of the J. Whitney Bunting College of Business is to foster the development of capable business professionals who are responsible citizens grounded in a liberal arts education. The college is dedicated to continuous improvement in business education and professional practice through faculty scholarship.

4. College of Business (COB) Goals 1.Distinguish our undergraduate and graduate business programs, leveraging the university’s liberal arts foundation. 2.Continuously improve the quality of our undergraduate and graduate programs. 3.Enhance programs for graduate and professional learning. 4.Improve faculty, staff, and student services.

5. Economics Major: Program Goal to support COB Goal Number 1 COB Goal 1, Emphasis 1.3: Distinguish our undergraduate and graduate business programs, leveraging the university’s liberal arts foundation by fostering global understanding and cross-cultural awareness.  Economics Program Goal Number 1: To provide economics majors knowledge of global economic issues.  Primary means of assessing the goal: Students will take the ETS exam in economics, a nationally standardized test of economic knowledge for college seniors, and their scores on international economic issues will be assessed.  Learning Outcome: Students majoring in economics will score at or above the 50 th percentile on international economics issues on the ETS exam.

6. Economics Program Goal Number 1: list findings of the assessment List actions taken for improvement, if any

7. Economics Major: Program Goal to support COB Goal Number 2 COB Goal 2, Emphasis 2.1 and 2.2: Continuously improve the quality of our undergraduate and graduate programs by developing students’ analytical and communication skills.  Economics Program Goal Number 2.1: To graduate economics majors who are capable of producing written assignments that demonstrate their ability to think critically, reflectively, and flexibly while analyzing real world economic events.  Primary means of assessing the goal: A random sample of research papers written by majors in Economics 4990 (senior seminar) will be assessed by members of the department faculty using primary trait analysis.  Learning Outcome: At least 70 % of students meet or exceed expectations on their required research paper written for Economics 4990.

8. Program Goal 2.1: Assessment Rubric Worksheet Surpasses Expectations Meets Expectations Fails to Meet Expectations Organization and Writing Skills: Format Organization Spelling & Grammar Citations & Bibliography __________ __________ ____________ ____________ Economic Skills: Use of Economic Terminology Use of Economic Theory Application of Concepts __________ __________ __________ ____________ ____________ ____________ Technical Skills: Identifiable Question Analysis of Topic Usage of Data Reasoned Conclusions __________ __________ ____________ ____________

9. Economics Program Goal Number 2.1: list findings of the assessment List actions taken for improvement, if any

10. Economics Major: Program Goal to support COB Goal 2 COB Goal 2, Emphasis 2.3: Continuously improve the quality of our undergraduate and graduate programs by developing students’ core business knowledge.  Economics Program Goal Number 2.2: To provide economics majors a solid understanding of general economic principles.  Primary means of assessing the goal: Students will take the ETS exam in economics, a nationally standardized test of economic knowledge for college seniors, and their scores in several areas of general economic knowledge will be assessed.  Learning Outcome: Students majoring in economics will score at or above the 50 th percentile on each of the sub areas (microeconomics, macroeconomics, and quantitative analysis) on the ETS exam.

11. Economics Program Goal Number 2.2: list findings of the assessment List actions taken for improvement, if any