ࡱ> ORN .bjbjdUdU B?g?g| $PLJ\G$ #4jDj0GO&O&O&ZGO& X P: Course Prefix, Number, and Title: ECON 103-Principles of Macroecnomics Section Number(s): 1001 Department: Business Instructor: Brandy Nielsen Academic Year: 2020-2021 Semester: Fall 2020 Is this a GenEd class? Yes_X__ No___ Complete and submit your assessment report electronically to your department chair. As needed, please attach supporting documents and/or a narrative description of the assessment activities. You may use as many or as few outcomes as necessary. Class/Course OutcomesAssessment MeasuresAssessment ResultsOutcome Results Analysis In the boxes below, summarize the outcomes assessed in your class or course during the last year. If this is a GenEd class, include the appropriate GenEd objectives. In the boxes below, summarize the methods used to assess course outcomes during the last year. Include the criterion youll use to judge whether or not students have achieved the expected outcome.In the boxes below, summarize the results of your assessment activities during the last year. Include your judgement as to whether or not the criterion for student achievement has been met.In the boxes below, please reflect on this outcomes results and summarize how you plan to use the results to improve student learning.Outcome #1: Students will demonstrate a basic knowledge of economics in the macro-environment. Assessment Measure: Homework Assignment #1 Criterion for achievement: Students who complete the discussion will achieve a score of 70% or better on average.Results: Students who submitted the homework assignment, the average score was 94%. Criterion Met: Yes/No1. Results Analysis: Students were able to show the knowledge of the macro-environment. 2. Action Plan: Continue monitoring the assignment ensuring students can define economics in the world.Outcome #2: Students will understand the subjective nature of economic costs, marginal utility and how the interrelationships guide human actions and are at the foundation of economic concepts of supply and demand. Assessment Measure: Homework Assignment #2 Criterion for achievement: Students who complete the discussion will achieve a score of 70% or better on average.Results: Students who submitted the homework assignment, the average score was 86%. Criterion Met: Yes/No1. Results Analysis: Students understood marginal analysis and the foundational components of supply and demand. 2. Action Plan: I made a graphing video for microeconomics. I will add the video to macroeconomics as well.Outcome #3: Students will recognize the nature of macroeconomics through its perspective and goals of society and integrate this understanding with the concepts of unemployment and inflation.Assessment Measure: Mid-Term Exam Criterion for achievement: Students who complete the discussion will achieve a score of 70% or better on average.Results: Students who submitted the mid-term exam scored on average 79%. Criterion Met: Yes/No1. Results Analysis: Students were able to show how unemployment and inflation rates are used as goals of a society for economic prosperity. 2. Action Plan: Continue monitoring the exam questions.Outcome #4: Students will recognize macroeconomic policy issues relevant in todays world. Focusing on monetary and fiscal policies and government regulations.Assessment Measure: Final Exam Criterion for achievement: Students who complete the discussion will achieve a score of 70% or better on average.Results: Students who submitted the final exam scored on average 76%. Criterion Met: Yes/No1. Results Analysis: Students showed the difference between fiscal and monetary policies and how those policies are relevant to the economy. 2. Action Plan: Continue monitoring the exam questions, possibly adding a short answer about current events. 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