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Motlow State Community College
Program Student Learning Outcomes
Use of Assessment Results
Spring Semester 2015
Program Title: General Education, University Parallel Major
Course: ECON 2020 - Microeconomics
Expected Student Learning Outcomes:
Students will be able to:
1.
Students will demonstrate an understanding of fundamental business and/or technology related
concepts and strategies.
2. Students will demonstrate an understanding of fundamental managerial concepts and strategies.
3. Students will demonstrate an understanding of fundamental macroeconomics and
microeconomics as they relate to social and business economic applications.
4. Students will demonstrate an understanding of fundamental computer and/or information
systems hardware and software applications in a business or technology environment.
5. Students will demonstration the ability to apply mathematical, quantitative, and information
processing skills in problem solving and analysis, and presentation of data in a business and/or
technology environment.
6. Students will demonstrate a fundamental understanding of how legal and regulatory systems
affect business decision making.
7. Students will demonstrate an understanding of the principles of written and oral
communications.
8. Students will demonstrate familiarity with social responsibility issues as they relate to technology
and business ethics, cultural diversity and global and environmental concerns.
9. Students will demonstrate familiarity with the cultural and social aspects of the human
experience.
10. Students will demonstrate an understanding of the value of natural diversity and the impact of
scientific discovery on human behavior.
11. Students will demonstrate an understanding of political, geographic, economic, social, cultural
and intellectual institutions, structures, and processes across a range of historical periods and
cultures.
Performance Measure(s): ECON 2020, Microeconomics, will be assessed during each spring semester in
accordance with, and as required by, the institution’s general education core assessment schedule. The method of
assessing the expected student learning outcomes will be the use of imbedded examination questions, as outlined
in the information provided below.
ECON 2020, Microeconomics
Imbedded Examination
Questions
1. Briefly how a capitalist
systems works by explaining
the simple circular flow
Total Points
8 points.
One point each for identifying
the two players, Households
and Businesses.
Expected Student Outcomes
It is expected that 70% of all
students will successfully pass
by achieving a minimum of six
points.
Student Learning Outcomes
1,2,3,4,5,6,7,8,9
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One point each for identifying
the two generic marketplaces,
Resource Markets and
Products Markets
2. Briefly explain basic
concepts of supply, demand,
and market equilibrium
(interaction of "buyer" and
"seller")
Two points for explaining what
is exchanged in the Products
Markets, i.e. money income for
finished goods and services.
6 points.
Two points for briefly
explaining supply.
It is expected that 70% of all
students will successfully pass
by achieving a minimum of
four points.
1,2,3,4,5,6, 7,8,9
It is expected that 70% of all
students will successfully pass
by achieving a minimum of
four points.
1,2,3,4,5,6,7,8,9
It is expected that 70% of all
students will successfully pass
by achieving a minimum of
three points.
1,2,3,4,5,6,7,8,9
It is expected that 70% of all
students will successfully pass
by achieving a minimum of
four points.
1,2,3,4,5,6,7,8,9
Two points for briefly
explaining demand.
3. Briefly explain the behavior
and decisions of consumers
and businesses as illustrated in
the "price elasticity of
demand" and "price elasticity
of supply".
4. Explain "derived demand"
and identify the three
determinants of resource
demand.
5. Identify and briefly explain
the four basic market
structures/models that exist in
a capitalist system.
Two points for briefly
explaining market equilibrium
(interaction of "buyer" and
"seller").
6 points.
Three points for explaining the
"price elasticity of demand".
Three points for explaining
"price elasticity of supply".
5 points.
Two points for explaining
"derived demand".
One point each for identifying
the three determinants of
demand: product demand,
productivity, prices of other
resources.
12 points.
One point each for identifying
the four basic market
structures/models: Pure
Competition, Monopolistic
Competition, Oligopoly, &
Monopoly.
Two points each for briefly
explaining each of the basic
market structures/models
Effectiveness Standard: Reference the expected student outcomes identified in the aforementioned
information.
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Assessment Results:
Spring 2015
Questions
1
Sections
L03
L05
S01
S03
ITV-F03, L07, M05, S03
Passed/Failed
Passed/Failed
Passed/Failed
Passes/Failed
Passed/Failed
18/2
28/2
13/3
17/7
13/4
Analysis of Assessment Results for Question #1: A total of 107 students completed Question #1; 89 passed/18 failed for an overall passage rate of
83.18%. The overall expected student outcome of 70% was achieved.
Corrective Action: No corrective action required.
2
17/3
25/5
15/5
16/4
11/3
Analysis of Assessment Results for Question #2: A total of 104 students completed Question #2; 84 passed/20 failed for an overall passage rate of
80.77%. The overall expected student outcome of 70% was achieved.
Corrective Action: No corrective action required.
3
16/4
24/6
13/5
15/4
7/3
Analysis of Assessment Results for Question #3: A total of 97 students completed Question #3; 75 passed/22 failed for an overall passage rate of
77.32 %. The overall expected student outcome of 70% was achieved.
Corrective Action: No corrective action required.
4
15/5
22/8
12/4
17/3
11/3
Analysis of Assessment Results for Question #4: A total of 100 students completed Question #4; 77 passed/23 failed for an overall passage rate of
77.00%. The overall expected student outcome of 70% was achieved.
Corrective Action: No overall corrective action required.
5
19/1
26/5
15/4
13/3
10/3
Analysis of Assessment Results for Question #5: A total of 98 students completed Question #5; 83 passed/15 failed for an overall passage rate of
84.69%. The overall expected student outcome of 70% was achieved.
Corrective Action: No corrective action required.
Note: Sections F01, L01 and M01 were not included as part of the assessments. The instructor for these
sections had surgery in the middle of the semester and converted his classes to Independent Study.
Use of Assessment Results:
As described under Assessment Results, the Performance Measures for the Expected Student Outcomes
have been met and the overall Program Learning Student Outcomes for the General Education course
Economics 2020, Microeconomics, have been achieved.
Results for the Economics 2020 Fall 2015 semester are above the expected outcome of 70% pass rate in
each of the five embedded questions.
Faculty will continue to give increased emphasis on content to be covered during the course.