Institutional Effectiveness Achievement Report
Economics and Finance: MA Economics 2014­2015 Institutional Effectiveness Achievements Report
Unit Head: Sean Salter
Reports to: College of Business
Mission:
The mission of the MA program is to prepare students for careers in private business and public service. The focus of the MA program is on decision analysis and applied research. Use of Prior Results :
Student Learning Outcome:
7: Students will apply master's­level
Macroeconomic and Microeconomic Theory
to new problems to obtain meaningful results.
Measure 1:
1: Seventy­five percent of students who sit for
the MA qualifying exam in Macroeconomics
will earn a passing score.
Person(s)
Responsible:
Duane
Graddy
Completion
Date:
Analysis of Results for Measure 1. Supporting Document(s):
(include strengths & weaknesses):
100% of students who sat for the MA
qualifying exam in Macroeconomics
earned a passing score. The goal
was met.
Future
Actions
:Describe
Program
Changes
(adding a
course,
assignment,
project,
etc.):
Future
Actions
:Describe
Assessment
Changes
(measures
such as
rubrics,
exams,
diagnostic
instruments,
etc.):
Future
Actions
:Describe
any
additional
resources
needed
(Leave blank
if no
additional
resources
are
needed.):
Measure 2:
2: Seventy­five percent of students who sit for
the MA qualifying exam in Microeconomics will
earn a passing score.
Person(s)
Responsible:
Duane
Graddy
Completion
Date:
Analysis of Results for Measure 2:
(include strengths & weaknesses):
57% of students who sat for the MA
qualifying exam in Microeconomics
earned a passing score. The goal
was not met.
Analysis of Results for Measure 1. Supporting Document(s):
(include strengths & weaknesses):
The Employment Relations
Concentration has not been a viable
program for several years. For 2014 –
2015, no students are in the
concentration. Currently, the program
does not have a Degree Plan. Only
General Economics and Financial
Economics are listed at the College
of Graduate Studies web site. ECON
6040 is not an actively offered
course; it hasn’t been scheduled for
several years.
Future
Actions
:Describe
Program
Changes
(adding a
course,
assignment,
project,
etc.):
Use of Prior Results :
Student Learning Outcome:
8: Students will apply advanced knowledge in
one field of specialization (Employment
Relations, Financial Economics, or
Econometrics) to new problems to obtain
meaningful results.
Measure 1:
1: Seventy­five percent of students who
choose a specialty in Employment Relations
will score at least 75% on the final exam in
ECON 6040, Survey of Employment Relations.
THIS IS A WORKING MEASURE AND MAY
BE REPLACED BY THE ECFN
ASSESSMENT COMMITTEE.
Person(s)
Responsible:
Duane
Graddy
Completion
Date:
06/30/2015
Future
Actions
:Describe
Assessment
Changes
(measures
such as
rubrics,
exams,
diagnostic
instruments,
etc.):
Future
Actions
:Describe
any
additional
resources
needed
(Leave blank
if no
additional
resources
are
needed.):
Report Date: Wed Aug 12 2015
16:19:13 CDT
Close
Measure 2:
2: Seventy­five percent of students who
choose a specialty in Financial Economics will
earn a passing score on the MA Financial
Analysis qualifying exam. THIS IS A
WORKING MEASURE AND MAY BE
REPLACED BY THE ECFN ASSESSMENT
COMMITTEE.
Person(s)
Responsible:
Duane
Graddy
Measure 3:
3: Seventy­five percent of students who
choose a specialty in Econometrics will earn a
passing score on the MA Econometrics
qualifying exam. THIS IS A WORKING
MEASURE AND MAY BE REPLACED BY
THE ECFN ASSESSMENT COMMITTEE.
Person(s)
Responsible:
Duane
Graddy
Completion
Date:
06/30/2015
Completion
Date:
06/30/2015
Analysis of Results for Measure 2:
(include strengths & weaknesses):
100% of students who chose a
specialty in Financial Economics
earned a passing score on the
MA qualifying exam in Financial
Analysis. The goal was met.
Analysis of Results for Measure 3:
(include strengths & weaknesses)
71% of students who chose a
specialty in Econometrics earned a
passing score on the MA qualifying
exam in Econometrics . The goal
was not met.