Assessment Report Standard Format July 1, 2006 - June 30, 2007 PROGRAM(S) ASSESSED __M.S. in Social and Applied Economics____ ASSESSMENT COORDINATOR __Leonard J. Kloft_________________ YEAR _____3____ of a _____3____YEAR CYCLE 1. ASSESSMENT MEASURES EMPLOYED 1. Internship Report Review: A subcommittee of the Graduate Studies Committee (Department of Economics) reviewed the completed internships for the academic year 2006-2007. Each subcommittee member evaluated each internship based on the following criteria: a) Statistical Analysis Capabilities LO-2, 3 b) Writing and Other Communications LO-3 c) Creativity and Originality LO-2, 4 d) Analytical (Modeling) Skills LO-3, 4 e) Knowledge of Economic Theory LO-1 f) Knowledge of Economic Institutions LO-1, 2 2. Core Course Key Skill Assessment: Each faculty member, who teaches a core course in the M.S. in Social and Applied Economics Program (faculty who teach elective courses can but are not required to submit key skill assessment forms) for the academic year, 20062007, completed a key skill evaluation of each student based on the following criteria: a) Statistical Analysis Capabilities LO-2, 3 b) Writing and Other Communication Skills LO-3 c) Creativity and Originality LO-2, 4 d) Knowledge of Economic Theory LO-1 e) Knowledge of Economic Institutions LO-1, 2 f) Other Key Skills (Identified on the form) g) Comments 3. Major Papers Portfolio: A subcommittee of the Graduate Studies Committee (GSC - Department of Economics) reviewed each student’s major papers and projects completed during the student’s progress through the program for the academic year 2006-2007. Each subcommittee member evaluated each portfolio based on the following criteria: a) Statistical Analysis Capabilities LO-2, 3 b) Writing and Other Communications LO-3 c) Creativity and Originality LO-2, 4 d) Analytical (Modeling) Skills LO-3, 4 e) Knowledge of Economic Theory e) Knowledge of Economic Institutions f) Improvement LO-1 LO-1. 2 2. ASSESSMENT FINDINGS OUTCOMES: 1. Students will develop an understanding of economic theory. (LO-1) 2. Students will integrate and apply their knowledge to public policy, business problems, and social issues. (LO-2) 3. Students will be proficient in analyzing and communicating quantitative and qualitative information. (LO-3) 4. Students will demonstrate the ability to apply economics to solving problems. (LO-4) Internship Report Review The Subcommittee’s purpose in reviewing the internships for 2006-2007 is to determine the degree to which the internship program is meetings its critical role in fulfilling the M.S. in Social and Applied Economics program’s mission: to prepare students with a professional skill set so they can be successful as applied economists upon entering the work force. The assessment of the internships evaluated 6 skill categories on a scale of 1 (low) to 5 (high). Table 1: Internship Reports Assessed 2006-2007 Mean Standard Deviation Statistical Analysis Capabilities Writing and Other Communication Skills Creativity and Originality Analytical (Modeling) Skills Knowledge of Economic Theory Knowledge of Economic Institutions 3.92 3.92 3.67 3.67 3.83 3.75 0.665 0.801 0.983 1.033 0.516 0.418 The preceding table reports the GSC subcommittee’s review of the 20062007 Internships. The average scores range between 3.5 (high average) and 4.0 (strong) for the various skill sets. The average score for all skill sets combined is 3.79 (0.721). Statistical and Analysis Capabilities and Writing and Other Communication Skills represent the strongest skill sets. In general, the results suggest that the internship component of the M.S. program is meeting its objective of preparing students with a professional skill set they will need when they enter the job market. Table 2: Internship Reports Assessed 2004-2005 and 2005-2006 Statistical Writing and Creativity Analytical Knowledge Knowledge Year Analysis Capabilities 2005-06 2004-05 4.375 3.92 Other Communication Skills 3.875 3.67 and Originality 3.875 3.54 (Modeling) Skills of Economic Theory 3.75 3.54 of Economic Institutions 3.40 3.67 When the Internship Report results for 2006-2007 are compared to 20052006, three of the skill sets have a higher score, two skill sets declined, and one skill set was added to the review. None of the skill sets were below the 2004-2005 levels. The 2004-2005 report identified two areas of improvement for the program, Writing and Other Communication Skills and the Internship. Based on the increase in Writing and other Communication skills average score, the increased writing and presentation activities added to courses in the M.S. in Social and Applied Economics appear to have had some impact. In addition, the increase in 4 of 5 category skills from the 2004-2005 report suggests that the Internship component of the program continues to improve. Course Key Skills Assessment The M.S. in Social and Applied Economics program requires a minimum of 48 credit hours, which include eight core courses, three elective courses, and the internship. Each faculty member who teaches a core course in the M.S. in Social and Applied Economics program is provided a key skills assessment form for each student. Faculty members who teach elective courses are provided with the key skill assessment forms but are not required to submit the forms. Forms were returned for students in the core courses: EC 724 Development of Economic Thought (Fall 2006), EC 709 Applied Econometrics (Winter 2007), EC 725 Economic, Sociological, and Ecological Economic Systems (Winter 2007), EC 712 Forecasting Economic Activity (Spring 2007), and EC 726 Contemporary Political Economy (Spring 2007). Key Skills assessment forms also were submitted for the elective courses: EC 740 Cost Benefit Analysis (Fall 2006), and EC 783 Internship Prep (Spring 2007). Table 3: Key Skills Course Assessment 2006-2007 Mean Standard Deviation Statistical Analysis Capabilities Writing and Other Communication Skills Creativity and Originality Knowledge of Economic Theory Knowledge of Economic Institutions Other Key Skills 4.35 4.19 4.28 4.26 4.30 5.00 0.812 0.921 1.007 1.059 0.954 - Table 3 presents the scores for the core course key skills, which range from 1 to 5, where 5 is the highest. Statistical Analysis Capabilities represents the highest rated skill set, 4.35, although the other skills categories have very similar scores. The Other Key Skills is an open category for which a professor can report a skill which is not part of the reviewed skill set. One professor chose to report Other Key Skills (Presentation, Critical Thinking, etc.). Since the M.S. in Social and Applied Economics Program enrolls both full-time and part-time students, the information from Table 3 is separated according to full-time status (Table 4) and part-time status (Table 5). Table 4: Key Skills Course Assessment 2006-2007: Full-time Students Mean Standard Deviation Statistical Analysis Capabilities Writing and Other Communication Skills Creativity and Originality Knowledge of Economic Theory Knowledge of Economic Institutions Other Key Skills 4.45 4.21 4.35 4.35 4.34 5.00 0.783 0.965 1.044 1.089 0.998 - Table 5: Key Skills Course Assessment 2006-2007: Part-time Students Mean Standard Deviation Statistical Analysis Capabilities Writing and Other Communication Skills Creativity and Originality Knowledge of Economic Theory Knowledge of Economic Institutions Other Key Skills 3.80 4.10 4.00 3.90 4.11 5.00 0.837 0.738 0.816 0.876 0.782 - From Tables 4 and 5, full-time students receive higher evaluations on average than the part-time students. Table 6 and Table 7 report the Key Skills Course Assessment information for 2005-2006 and 2004-2005 respectively. Comparing these tables to Table 3, 2006-2007 has higher scores than previous years. These findings do not imply necessarily that the program has engendered substantial improvement in Key Skills since there are number of core courses for which Key Skills assessment form were not received. Table 6: Key Skills Course Assessment 2005-2006 Mean Standard Deviation Statistical Analysis Capabilities Writing and Other Communication Skills Creativity and Originality Knowledge of Economic Theory Knowledge of Economic Institutions Other Key Skills 3.74 3.77 3.59 3.62 3.67 4.12 0.876 1.137 1.012 0.844 0.953 1.107 Table 7: Key Skills Course Assessment 2004-2005 Mean Standard Deviation Statistical Analysis Capabilities Writing and Other Communication Skills Creativity and Originality Knowledge of Economic Theory Knowledge of Economic Institutions Other Key Skills 3.88 3.25 3.35 3.29 3.08 3.06 1.038 1.051 1.114 1.071 0.989 1.459 Given the information gathered for 2004-2005, 2005-2006, and 2006-2007 the M.S.in Social and Applied Economics Program provides a good knowledge of economic theory (LO-1), a good knowledge of public policy, business problems, and social issues (LO-2), a very good ability to analyze information (LO-3) and good ability to communicate information (LO-3), and a good ability to solve problems (LO-4). In summary, the M.S. in Social and Applied Economics Program, as reflected in the 2006-2007 course key skills review, not only is achieving its specified learning outcomes but is improving the quality of its delivered course key skills. Based on the course key skills review, the M.S. in Social and Applied Economics Program equips its students with a portfolio of skills, which they will need to have successful careers as economists. Major Papers Portfolio: Whereas the Internship Review examines the program’s final product and the Core Course Key Skills reviews skills development course by course, the Major Papers Portfolio assesses longitudinally core skills development. Papers and projects were collected from the following courses: EC 724 Development of Economic Thought, EC 712 Applied Forecasting, and EC 726 Contemporary Political Economy. A subcommittee of the Graduate Studies Committee reviewed each student’s papers/projects portfolio. Each portfolio is assessed on the same key skills components as the Core Course Key Skills except that the Other Key Skills category was replaced with Improvement. The Improvement category strives to capture the reviewers overall assessment of improvement from the start of the program to the completion of the program. Student portfolios were considered only if the student had items from each quarter evaluated. Table 8: Major Papers Portfolio Assessed 2006-2007 Mean Standard Deviation Statistical Analysis Capabilities Writing and Other Communication Skills Creativity and Originality Analytical (Modeling) Skills Knowledge of Economic Theory Knowledge of Economic Institutions 3.75 3.54 3.58 3.50 3.63 3.73 0.500 0.689 0.417 0.603 0.433 0.410 The number of student portfolios reviewed is small given that only a few courses are represented and a significant number of students left the program during both Fall and Winter quarters while a significant number of students entered the program during both Winter and Spring quarters. A cohort of students for Fall, Winter, and Spring quarters to review yields a relatively small number of students and therefore can lead to unreliable results. The improvement rating from Fall to Spring quarters was a 3.75 average across the portfolios. Table 9: Major Papers Portfolio Assessed 2004-2005 Mean Standard Deviation Statistical Analysis Capabilities Writing and Other Communication Skills Creativity and Originality 4.00 3.37 0.938 1.027 Analytical (Modeling) Skills Knowledge of Economic Theory Knowledge of Economic Institutions 3.63 3.56 3.45 1.104 0.929 0.923 The data set for 2005-2006 was too small to use as a basis for reliable comparison. However, comparing the 2006-2007 results to the 2004-2005 results does show improvement in three categories and decline in two categories. Once again, the small number of cohort student portfolio papers available for 2006-2007 does reduce the ability to garner useful insights from the Major Papers Portfolio. 3. PROGRAM IMPROVEMENTS After reviewing the various assessment findings, the Internship Review and the Core Course Key Skills Review suggest unambiguously that the M.S. in Social and Applied Economics program during academic year 2006-2007 did a good job at meeting the learning outcomes specified. The M.S. in Social and Applied Economics program is succeeding in its mission of equipping its students with a portfolio of skills, which they will need to have successful careers as economists. Although, the Major Papers Portfolio Review does not include a large number of portfolios, the results for 2006-2007 do not differ substantially from 2004-2005 and depict an upward trend in the average skill scores. In pursuit of continuous improvement, the M.S. in Social and Applied Economics program desires to improve in the following areas for the 2007-2008 academic year: 1. Upgrade the quality of communication skills through increased practice of writing and presentation skills (more project oriented assignments with presentation requirements. 2. Improve the Internship process: a. Identify student areas of interest sooner. b. Provide a more balanced distribution of internship supervision responsibilities among the faculty. c. Expand the practitioner focus of the internship (incorporate Executive Summary). 3. Create better compliance: a. Submission of Core Course Key Skill forms b. Submission of Student Papers for the Portfolio 4. Review the Assessment Plan for its efficacy in determining the success of the M.S. in Social and Applied Economics program. 4. ASSESSMENT PLAN COMPLIANCE The assessment plan as developed in 2004 continues to be undertaken as written. Internship Report assessment occurred as originally planned. Given the increase in students for the program in 2007-2008, more faculty participation in the review must occur. Core Course Key Skills assessment occurred as originally planned. Better compliance by faculty in submitting their individual student assessment forms is required. Three of the eight core courses did not provide assessment forms for the students enrolled in the courses. The Paper Portfolio assessment occurred, but is the weakest link in the assessment process. Only three courses provided papers for the review. Given that the Paper Portfolio assesses the improvement in the student’s papers longitudinally, the student must be enrolled in courses during each of the academic year quarters. The winter quarter did not have any papers added to the portfolio. 5. NEW ASSESSMENT DEVELOPMENTS The Graduate Studies Committee plans to review the assessment plan during the 2007-2008 academic year to determine the efficacy of the current plan.