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Program Change:
P00741
Program Title: Economics
Undergraduate
Describe the proposed degree program change(s) in terms of how the changes differ from the program as currently approved and published in the latest WOU catalog (specify the latest catalog date).
Add EC 312, Intermediate Microeconomics II, and reduce the upper division electives in economics by four credits.
An examination of the material covered in EC 311 for the past five years indicates that the current four credit course does not allow sufficient time to adequately cover the theory and applications of both consumer theory and producer theory. The options are to eliminate all applications and focus entirely on a marginally expanded amount of theory, or to devote additional course time to these topics. We are proposing the latter, dividing the material into two courses, with EC 311 focusing on consumer theory and its applications. A new course, EC 312 (Intermediate Microeconomics II), will focus on producer theory and its applications.
Add MTH 243/BA 243 and reduce the number of approved electives by four credits.
Given that we are proposing adding a course in probability and statistics to the prerequisites for EC 315, a required course for the economics major, we want to also identify that as a requirement for the major. In other words, we do not want to add any hidden requirements for the major. This will also bring our program into alignment with all other comparator institutions and within OUS.
Describe the reasons for making this change:
Mission
Trains students in the tools of the discipline and encourages them to apply that knowledge to domestic and international economic and social problems. Introductory and intermediate courses in macroeconomics and microeconomics, as well as additional upper division electives in various economic specialties will prepare students for career goals.
Learning outcomes:
1. Develop the analytical and decision-making skills necessary to understand and resolve complicated contemporary business, financial and social problems;
2. Expand information literacy through the collection and interpretation of data from all relevant sources; and
3. Improve communication and presentation skills to effectively convey economic information to the public.
Mission
Trains students in the tools of the discipline and encourages them to apply that knowledge to domestic and international economic and social problems. Introductory and intermediate courses in macroeconomics and microeconomics, a course in econometrics and report writing, as well as additional upper division electives in various economic specialties will prepare students for career goals.
Learning outcomes:
1. Develop the analytical and decision-making skills necessary to understand and resolve complicated contemporary business, financial and social problems;
2. Expand information literacy through the collection and interpretation of data from all relevant sources; and
3. Improve communication and presentation skills to effectively convey economic information to the public.
For Dean Review only:
How and when will the effectiveness of these changes be determined?
After the first year of the revised program we will compare the material covered on exams in the old EC 311 to the new EC 311 and EC 312 to ensure that adequate coverage was given to both consumer theory and producer theory.
Approval Queue
| Step |
Approver |
Decision |
Timestamp |
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1 - Department |
Hamid Bahari-Kashani |
Approved | January 14 2011 |
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2 - Division |
Hamid Bahari-Kashani |
Approved | January 18 2011 |
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3 - Division Curriculum |
Kristina Frankenberger |
Approved | January 20 2011 |
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4 - Library Dean |
Kristina Frankenberger |
Approved | January 20 2011 |
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5 - Curriculum Committee |
Robert Monge |
Approved | February 09 2011 |
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6 - Faculty Senate |
Gavin Keulks |
Approved | March 08 2011 |
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7 - Dean |
Stephen Scheck |
Approved | March 15 2011 |
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8 - Provost |
Kent Neely |
Approved | March 16 2011 |
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9 - President |
Dianna Nickelson |
Approved | March 17 2011 |
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Attached Files:
