Program/Discipline/Course Assessment Report Discipline: Economics Course Number: ECON 103 School/Unit: School of Business and Entrepreneurship Submitted by: Steven M. Streeper Contributing Faculty: Diana McCoy Academic Year: 2009-2010 Complete and submit your assessment report to your Academic Dean. As needed, please attach supporting documents and/or a narrative description of the assessment activities in your program or discipline. Program, Discipline or Course Outcomes In the boxes below, summarize the outcomes assessed in your program or discipline during the last year. Assessment Measures Assessment Results In the boxes below, summarize the methods used to assess program, discipline, or course outcomes during the last year. Pre and Post tests will be administered each semester in all courses. In the boxes below, summarize the results of your assessment activities during the last year. In the boxes below, summarize how you are or how you plan to use the results to improve student learning. Macroeconomics for the Spring 2010 semester showed a decline from a midrange score of 83.5 to a midrange of 82.5 and a increase in the range of scores from 21 points to 23 points Lectures in the second half of the course were modified to include emphasis on core concepts and applications to related policies to better understand basic problems. Comprehensive finals will continue to be given that include material covered in the first half of course. Outcome #2: Student shall demonstrate basic data analysis including collecting, interpreting and presenting data for Economic and Business decision making. Students prepare a portfolio of case study problems and reason from collected data to draw general economic conclusions. Retention rate in the Microeconomics 102 D02 course was 95% out of an initial enrollment of 43 students. This was 24 percentage points above the College as a whole. High rates indicate student success toward graduation and increased enrollment in higher level courses. Incorporated portfolio methods in other classes. Plan currently calls for additional tutoring, supplementary instruction and more hybrid classes in an effort to promote more independent learning opportunities and increase number of declared majors. Outcome #3: Students shall be able to conduct a profitability report and/or business plan that includes assessment of a firm’s profit margin and economic value or capitalization. Students prepare a term paper reviewing a selected public or private firm in the US. Paper includes an economic analysis of profit, return on investment and future production levels. Graduation rates continue to increase on the projected trend line from the Program Review. 67 students graduated in the 2009 Academic year out of 947 declarers. A rate of 7.07 percent. An increase of 55 percent from 2008 Academic year. Technique is encouraged to be used in other disciplines within the AA w/ Business Emphasis degree. Most courses in the core currently require some type of term paper. No revision is anticipated at this time. As graduation rates rise and budget crisis allows for more full time faculty position to be filled plan may include supplementary instruction program. Outcome #1: Student shall understand the basic economic problems of Inflation, Poverty, Recession and Unemployment and the Policies to resolve them. Use of Results Effect on the Program, Discipline or Course Based on the results of this assessment, will you revise your outcomes? If so, please summarize how and why in the boxes below. Program/Discipline/Course Assessment Report Discipline: Economics Course Number: ECON 103 School/Unit: School of Business and Entrepreneurship Submitted by: Steven M. Streeper Contributing Faculty: Diana McCoy Academic Year: 2009-2010 For Program, Discipline or Course Assessment Reports: I have reviewed this report: Marie Murgolo-Poore Dean _______________________________________________ Vice President of Academic Affairs and Student Services Dates 6/21/10 Date_______________ Program/Discipline/Course Assessment Report Discipline: Economics Course Number: ECON 103 School/Unit: School of Business and Entrepreneurship Submitted by: Steven M. Streeper Contributing Faculty: Diana McCoy Academic Year: 2009-2010 Data Display Row 1 2 3 4 5 6 7 8 9 10 Dates 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 Majors 214 270 270 307 316 353 348 414 430 567 CoreFTE 214 220 219 234 213 240 231 267 256 286 Graduates 1 2 5 5 13 29 28 29 43 67 Program/Discipline/Course Assessment Report Discipline: Economics Course Number: ECON 103 School/Unit: School of Business and Entrepreneurship Submitted by: Steven M. Streeper Contributing Faculty: Diana McCoy Academic Year: 2009-2010 Trend Analysis Plot for Graduates Growth Curve Model Yt = 0.982 * (1.5667**t) 90 Variable Actual Fits 80 70 Accuracy Measures MAPE 29.7800 MAD 6.6492 MSD 88.1708 Graduates 60 50 40 30 20 10 0 1 2 3 4 5 6 Index 7 8 9 10