QCC / CUNY Department of Social Sciences Individual Course Assessment Report for SS 211 - Introduction to Macroeconomics Date Submitted: May11, 2011 By Faculty Participants: Dr. P. Azrak, Dr. C. Dowlah, Prof. J. Gilleaudeau, Dr. P. Manfra 1(18) Course and General Education Objectives SS 211 - Macroeconomics SS 211 Macroeconomics studies the determination of national income, unemployment, pricelevels, the impact of government spending, taxation, monetary policy, the banking system, economic growth and international trade. Course Objectives: Upon completion of the course, students will: C1) Identify and comprehend traditional and current issues in Economics. C2) Define the main areas and concepts of Macroeconomics, especially unemployment, inflation and the business cycle. C3) Develop skills of critical analysis. General Education Objectives: Upon completion of the course, students will: G1) Use information management and technology skills effectively for academic research and lifelong learning. G2) Use analytic reasoning to identify issues or problems and evaluate evidence to make informed decisions. G3) Communicate effectively through reading, writing, listening and speaking. 2(18) Course Assessment Method: Fifteen course sections comprised of 291 students were assessed via the following survey questionnaire: Please indicate whether you agree or disagree with the following statements by marking the Scantron form accordingly: A = You agree with the statement B = You are neutral - neither agree nor disagree with the statement C = You disagree with the statement 1) This class helped me understand and discuss economic concepts and theories. (examples: supply and demand, opportunity costs, gains from trade) 2) This class helped me understand the importance of economic reasoning to decision making in business, government, and households. 3) This class helped me weigh decisions on the basis of their costs and benefits. 4) This class helped me apply economics to my own life and decisions. 5) This class helped me understand the power and limits of economic reasoning. 6) This class helped me understand human behavior in economic terms. 7) This class helped me better understand issues like trade, growth, and the business cycle. 8) This class helped me better understand fiscal and monetary policies. 9) This class helped me read economic articles and literature with more sophistication. 10) This class helped me use graphical analysis to gain insight into economic issues and problems. 3(18) Summary Table of Results: The figures quoted in respective cells correspond to the proportion of students who agreed with survey queries regarding specific Course Objectives (C1, C2, C3) and General Educational Objectives (G1, G2,G3) as stated on a previous page. Note that most objectives are met by more than one question, but also note that most questions meet more than one objective. Question C1 C2 1 80.4 80.4 2 76.3 C3 G1 G2 76.3 3 64.3 64.3 4 63.6 63.6 5 66.3 66.3 6 66.0 66.0 7 77.7 77.7 8 67.6 67.6 9 53.7 10 64.3 64.3 59.0 64.9 Totals: 75.5 G3 75.2 Number of sections surveyed: 15 67.3 53.7 53.7 Number of survey respondents: 291 Weighted Average of Course Objective Results: 72.0 Weighted Average of General Education Objectives Results: 62.0 4(18) Course Objectives Results: The first course objective concerning student abilities to identify and comprehend traditional and current issues in Economics was surveyed over 4 questions with an “agree” response ranging from 67.6 to 80.4 percent, with a 75.5 percent “agree” response average. Similar results were attained for the second course objective that concerned itself with student abilities to define main areas and concepts of Macroeconomics. Surveyed over 3 questions, many overlapping those used for course objective one, an “agree” response range of 67.6 to 80.4 percent was attained, with a 75.2 percent “agree” response average. The “agree” response for the third course objective, concerning students developing skills of critical analysis, was the lowest. Surveyed over 5 questions, it attained an “agree” response range of 63.6 to 76.3 percent, while averaging an “agree” response of 67.3 percent. Though a slightly weaker response, it was the tightest of the three distributions. All told, the weighted average of all course objectives “agree” responses was a respectable 72.0 percent. General Education Objectives Results: The first general education objective concerning student abilities to use information management and technology skills for academic research and lifelong learning was surveyed over two questions with an “agree” response range of 53.7 to 64.3 percent, with an average “agree” response of 59.0 percent. The second general education objective concerning student use of analytic reasoning to identify issues or problems and evaluate evidence to make informed decisions was surveyed over 5 questions, with an “agree” response range of 63.6 to 66.3 percent, with an average “agree” response of 64.9 percent. It was a stronger result than the first general education objective with a much tighter dispersion of response. The last general education objective concerning student abilities to communicate through reading, writing, listening and speaking, was only touched on by a single survey question with a poor “agree” response of 53.7 percent. All told, the weighted average of all general education objectives “agree” responses was a 62.0 percent, much lower than for the course objectives and a possible point of departure for forming a successful action plan. 5(18) Action Plan: On the whole, the assessment was successful, with a majority of students responding that most objectives, both course and general educational, had been fulfilled; however, there was room for improvement. So, what can be done? First, it would probably be useful to convene a committee, comprising full-time economics faculty, to review, and possibly revise, standards of our master syllabus. Objectives could be clarified and honed in this way. Second, having taken the first proposed action, full-time economics faculty might find it easier to carefully craft questions for future surveys and assessment so as to extract more specific information regarding achievement of priorities and objectives. In essence, clearly stated objectives would facilitate greatly factor-specific assessment in the future. And presumably, better assessment would further enhance the faculty’s ability to meet stated objectives and to provide excellent student outcomes. Third, the relatively weak “agree” response (53.7 percent) regarding the last general education objective concerning student abilities to communicate through reading, writing, listening and speaking is disappointing. The aforementioned committee of full-time economics faculty members will be convened to investigate the issue and make more precise recommendations as to classroom implementation. In summary, to improve student outcomes and student agreement with stated course and general education objectives, we must: • Update, improve, and clarify stated objectives • Dispense objectives to all economics faculty, emphasizing the importance of achieving objectives for student outcomes • Improve future surveys for more refined factor-assessment • Emphasize, with greater vigor and consistency, student’s exercising their communication skills, especially so, as we are such a diverse institution 6(18) QCC COURSE ASSESSMENT Date: Spring 2008 Department: Social Sciences Course: SS-211, Introduction to Macroeconomics Curriculum or Curricula: ________________ PART I. STUDENT LEARNING OBJECTIVES TABLE 1. EDUCATIONAL CONTEXT SS-211, Introduction to Macroeconomics, is an entry-level course that provides students with an overview of the fundamental principles of economics at the national level. This course presents students with an introduction to the role of the government in the economy through the use of monetary and fiscal policies. The course includes coverage of the measurement and indicators of economic growth, employment, and inflation. This course is required in one curriculum: the A.S. degree in Business Administration. TABLE 2. CURRICULAR OBJECTIVES Curricular objectives addressed by this course: 1. Communicate effectively through reading, writing, listening and speaking. 2. Use analytical reasoning to identify issues or problems and evaluate evidence in order to make informed decisions. 3. Use information management and technology skills effectively for academic research and lifelong learning. 4. Integrate knowledge and skills in their program of study. 7(18) TABLE 3. EDUCATION OBJECTIVES To achieve these goals, students graduating with an Associate’s degree will be able to: Gen Ed objective’s ID number from list (110) 1. communicate effectively through reading, writing, listening, and speaking General educational objectives addressed by this course: • • • • • • 2. use analytical reasoning to identify economic issues or problems and evaluate evidence in order to make informed decisions • • • • • • • 4. use information management and technology skills effectively for academic economic research and lifelong learning 5. integrate economic knowledge and skills in their program of study • • • • • • interpret economic texts critically and empirically use writing to create and clarify meaning write in varied modes, forms and voices use writing and oral communication to connect prior knowledge in economics to disciplinary discourse apply principles of critical listening to evaluate economic information speak clearly, accurately, and coherently in several modes of delivery interpret economic texts critically and empirically use writing to create and clarify economic meaning use economic writing and oral communication to connect prior knowledge to disciplinary discourse apply principles of critical listening to evaluate economic information differentiate between economic facts, assumptions, and conclusions in the formulation of a proposed solution or answer utilize economic models to analyze and interpret alternative schools of economic thought determine the extent of information needed for a research economic question, problem or issue access needed economic information effectively and efficiently evaluate economic information and its sources critically and assimilate selected information use economic information effectively to accomplish a specific purpose employ technology in research in economics and identify the role of technology and its impact on the individual, the economy, and the environment demonstrate critical and creative thought by arriving at solutions to economic problems analyze and compare evidence to support/refute different points of view on a particular economic topic 8(18) 6. differentiate and make informed economic decisions about issues based on multiple value systems • • • • 7. work collaboratively in diverse groups directed at accomplishing learning objectives 8. use historical or economic perspectives to examine formation of ideas, human behavior, social institutions, or social processes • • • • • • • • • • • • differentiate and make informed decisions about issues based on different economic systems identify the key elements of issues and analyze them from the perspectives of multiple value systems identify values and their origins in culture, religion, philosophy, political, social or economic theory differentiate ethical and non-ethical elements in arguments and/or behavior distinguish facts from economic values and economic issues work in groups to accomplish learning tasks and reach common goals demonstrate interpersonal skills and accountability in working in diverse groups design and complete a group economic project write about economics or make a presentation based on group work use historical facts to provide context for understanding economic information apply discipline-specific methods to retrieve information apply discipline-specific methods to reconstruct the economic and historical past interpret information to analyze economic events use social sciences concepts to analyze human behavior discuss economic institutions from a historical or social sciences perspective identify economic processes in everyday life 9(18) Table 4. Course Objectives: Desired Student Learning the major learning objectives for students in this course. 1. Students will read economic text effectively. 2. Students will critically evaluate theories and concepts in economics. 3. Students will analyze arguments and conclusions made in economics. 4. Students will draw conclusions from economic texts. 5. Students will apply economic methods and principles to current events. Table 5. Student Learning Outcomes Course objectives 1. Students will read the economics text effectively. 2. Students will critically evaluate theories and concepts in economics. 3. Students will analyze arguments and conclusions made in economics. 4. Students will apply philosophical methods and principles to current events. Learning outcomes a. Students will summarize passages from assigned readings. b. Students will identify correct and incorrect statements based on assigned readings. a. Students will discriminate between different kinds of economic theories. b. Students will define key concepts from specific theories. a. Students will identify features of different economic positions. b. Students will identify the arguments presented in support of various economic positions. a. Students will identify practical application of philosophical methods and theories. b. Students will indicate current issues and events where philosophical analysis is needed. 10(18) TABLE 6: ASSIGNMENT, OUTCOMES, ACTIVITIES, AND ASSESSMENT TOOLS Briefly describe the assignment that will be assessed: Students will read a textbook Chapter on Markets, Demand and Supply, and the Price System (Chapter 3 of Macroeconomics by William Boyes and Michael Melvin), and will answer questions about the basic concepts, laws, and determinants of demand and supply, and market equilibrium. Desired student learning outcomes for the assignment A. Course Objectives 1. Students will identify basic concepts, laws, and determinants of demand and supply, and market equilibrium. 2. Students will analyze(critically evaluate) basic concepts, laws and determinants of demand and supply and market equilibrium. 3. Students will apply basic concepts, laws, and determinants of demand and supply, and market equilibriums to real-life events. Briefly describe the range of activities student will engage in for this assignment. (see following page) B. General Education Objectives 1. Students will use analytical skills and apply logic to solve problems 2. Students will integrate knowledge and skills in their major field and across disciplines 3. Students will identify concepts and methods of social science to examine human behavior, social 11(18) What assessment tools will be used to measure how well students have met each learning outcome? (see following page) institutions, and multi-cultural awareness. 1. Students will identify correct and incorrect statements on the basic concepts, laws and determinants of demand and supply, and market equilibrium. 2. Students will demonstrate comprehension (critical evaluation) of the basic concepts and laws of demand and supply, and the price and non-price determinants of demand and supply, and their implications on market equilibrium. 3. Students will demonstrate economic way of thinking by interpreting and identifying practical uses of the concepts, laws, and determinants of demand and supply, and market equilibriums.. A. Students will be assigned a text-chapter on the basic concepts, laws and determinants of demand and supply. B. Students will be presented with textual and graphical examples on basic concepts, laws, and determinants of demand and supply. C. Students will be given an assignment (on a specific market situation) to demonstrate their interpretative ability (or economic way of thinking) 12(18) A. A paper-and-pencil test comprised of multiple choice, true-false, and brief writtenanswer questions. PART III. ASSESSMENT STANDARDS (RUBRICS) Before the assignment is given, prepare a description of the standards by which students’ performance will be measured. This could be a checklist, a descriptive holistic scale, or another form. The rubric (or a version of it) may be given to the students with the assignment so they will know what the instructor’s expectations are for this assignment. Please note that while individual student performance is being measured, the assessment project is collecting performance data ONLY for the student groups as a whole. TABLE 7: ASSESSMENT STANDARDS (RUBRICS) Brief description of assignment: Students will read a textbook Chapter on Markets, Demand and Supply, and the Price System (Chapter 3 of Macroeconomics by William Boyes and Michael Melvin), and will answer questions about the basic concepts, laws, and determinants of demand and supply, and market equilibrium. Desired student learning outcomes from the assignment: Assessment measures for each learning outcome: Standards for student performance: 1. Students will identify correct and incorrect statements on the basic concepts, laws and determinants of demand and supply, and market equilibrium. A. A paper-and-pencil test comprised of multiple choice, truefalse, and brief writtenanswer questions. A. Out of 3 questions on Outcome 1, the following standards apply: 0 = Poor; 1= Fair; 2= Good; 3 Excellent. 50% of the class is expected to score 2-3. B. Same as A B. A. Out of 3 questions on Outcome 1, the following standards apply: 0 = Poor; 1= Fair; 2= Good; 3 Excellent. 50% of the class is expected to score 2-3. 2. Students will demonstrate comprehension (critical evaluation) of the basic concepts and laws of demand and supply, and the price and non-price determinants of demand and supply, and their implications on market equilibrium. C. Same as A 3. Students will demonstrate economic way of thinking by 13(18) C. A. Out of 3 questions on Outcome 1, the following standards apply: 0 = Poor; 1= Fair; 2= Good; 3 Excellent. interpreting and identifying practical uses of the concepts, laws, and determinants of demand and supply, and market equilibriums. 50% of the class is expected to score 2-3. For each of the learning outcomes, there will be 3 questions: 3 true-false questions for Outcome 1; 3 multiple choice questions for Outcome 2; and 3 constructed answer for Outcome 3. PART IV. ASSESSMENT RESULTS (ASSESSMENT INSTRUMENT IS ATTTACHED) TABLE 8: SUMMARY OF ASSESSMENT RESULTS Use the following table to report the student results on the assessment. If you prefer, you may report outcomes using the rubric(s), or other graphical representation. Include a comparison of the outcomes you expected (from Table 7, Column 3) with the actual results. NOTE: A number of the pilot assessments did not include expected success rates so there is no comparison of expected and actual outcomes in some of the examples below. However, projecting outcomes is an important part of the assessment process; comparison between expected and actual outcomes helps set benchmarks for student performance. TABLE 8: SUMMARY OF ASSESSMENT RESULTS Desired student learning outcomes: (Copy from, Column 1,Table 6 above; include Curricular and/or General Education Objectives addressed) 1. Desired student learning outcomes for the assignment A. Course Objectives 1. Students will identify basic concepts, laws, and determinants of demand and supply, and market equilibrium. 2. Students will analyze(critically evaluate) basic concepts, laws and Student achievement: Describe the group achievement of each desired outcome and the knowledge and cognitive processes demonstrated. ASSESSMENT RESULTS QUESTION PERECENT CORRECT 1. 2. 44% 57% 3. 68% 4. 94% 5. 70% 14(18) determinants of demand and 6. supply and market equilibrium. Question 3. Students will apply basic concepts, laws, and 7. determinants of demand and supply, and market equilibriums 8. 9. to real-life events. B. General Education Objectives 1. Students will use analytical skills and apply logic to solve problems 2. Students will integrate knowledge and skills in their major field and across disciplines 3. Students will identify concepts and methods of social science to examine human behavior, social institutions, and multi-cultural awareness. 48% Poor (0) 29% 35% 9% Fair (1) 19% 39% 27% Good (2) 18% 18% 39% Excellent (3) 43% 7% 30% EXPECTED OUTCOME: 50% BETWEEN 2 AND 3 ACTUAL OUTCOME: QUESTION 7: 52% QUESTION 8: 25% QUESTION 9: 69% 15(18) TABLE 9. EVALUATION AND RESULTING ACTION PLAN In the table below, or in a separate attachment, interpret and evaluate the assessment results, and describe the actions to be taken as a result of the assessment. In the evaluation of achievement, take into account student success in demonstrating the types of knowledge and the cognitive processes identified in the Course Objectives. A. Analysis and interpretation of assessment results: What does this show about what and how the students learned? The assessment results indicate that students performed better than expected on the following questions: 2, 3, 4, 5, 7, and 9. The outcomes for questions 1, 6, and 8 were less than expected. The answer for question 8 was less than satisfactory and indicated that while students were aware of the concept they were unable to explain the market process. B. Evaluation of the assessment process: What do the results suggest about how well the assignment and the assessment process worked both to help students learn and to show what they have learned? The assessment instrument captured the desired outcomes and the students’ performance indicates that they satisfactorily grasped the course materials. C. Resulting action plan: Based on A and B, what changes, if any, do you anticipate making? No changes are anticipated at this time. 16(18) Queensborough Community College Department of Social Sciences Name _____________________________ SS-211, Macroeconomics Course Assessment Test Spring 2008 True/False Directions: For questions 1– 3 darken A for true and B for false on the Scantron. 1. According to the law of demand, there is a positive (direct) relationship between price and quantity demanded. 2. According to the law of supply, there is a positive (direct) relationship between price and quantity supplied. 3. If the government imposes a price ceiling in the market for gasoline that is below the equilibrium price this should cause a shortage of gasoline. Multiple Choice Directions: For questions 4- 6 darken the appropriate space on the Scantron. Use the graph below to answer questions 4 and 5. 4. According to the graph, the equilibrium price and quantity in the market are: a. P$35 and Q200 b. P$35 and Q600 c. P$25 and Q400 d. P$15 and Q200 5. At a price of $35 there exists: a. a surplus b. a shortage c. equilibrium d. none of the above 17(18) Use the graph below to answer question 6. This graph represents the market for personal computers. Price S $1,100 $1,000 e $900 D 0 50,000 D1 Quantity 6. Which of the following determinants of demand could have caused the demand curve for personal computers to shift from D to D1? a. a decrease in the expected price of computers b. an increase in consumer income c. a decrease in the cost of manufacturing computers d. an increase in the price of computers Written Response Directions: For questions 7 – 9 provide a short written answer in the space below each question. 7. Explain what will happen to the equilibrium price and quantity if market supply increases because firms use new production technology. 8. Explain how the “invisible hand” of the market restores the market to equilibrium when the price is above the equilibrium (assume no government intervention in market). 9. Assume digital cameras and memory cards are complementary goods. If the price of digital cameras decreases, explain what will happen to the demand for memory cards. 18(18)