ECOFIN-BS - Economics with Finance Applications

Microeconomics (Beginning) - By the end of the Intermediate Microeconomics (Price Theory) course, students will demonstrate a rudimentary understanding of core mathematical models related to consumer choice and firm behavior, including the ability to identify assumptions, interpret graphical representations, and explain basic model mechanics.

Microeconomics (Intermediate) - By the end of the Intermediate Microeconomics course, students will demonstrate proficiency in applying core microeconomic models—including models of consumer choice, firm behavior, and market equilibrium—using both mathematical and graphical methods. Specifically, students will be able to: formulate and solve utility and profit maximization problems using calculus-based techniques, analyze the effects of changes in prices, income, and technology using comparative statics, and interpret and evaluate microeconomic outcomes using standard models of competitive and non-competitive markets.

Macroeconomics (Beginning) - By the end of the Intermediate Macroeconomics (ECO 3302) course, students will demonstrate a rudimentary understanding of core macroeconomic models, including those related to aggregate demand and supply, national income accounting, and monetary and fiscal policy. Students will be able to: identify the basic assumptions underlying key models, interpret graphical representations of macroeconomic relationships (e.g., output gaps, inflation-unemployment tradeoffs), and explain the fundamental mechanisms by which macroeconomic policy tools influence output, inflation, and employment.

Macroeconomics (Intermediate) - By the end of the ECO 3302 Intermediate Macroeconomics course, students will demonstrate proficiency in applying formal macroeconomic models to analyze national income determination, economic fluctuations, and the effects of monetary and fiscal policy. Students will be able to: derive and manipulate analytical representations of core models, use graphical and algebraic tools to perform comparative statics and interpret macroeconomic dynamics (e.g., short-run vs. long-run effects, inflation-output tradeoffs), and evaluate the transmission mechanisms of macroeconomic policy and explain how expectations, rigidities, and institutional factors influence macroeconomic outcomes.

Student Learning Outcome – Financial Economics (B.S. in Economics with Finance Applications) The B.S. in Economics with Finance Applications equips students with a strong foundation in economic theory and quantitative analysis, with an emphasis on financial decision-making. By the time of graduation, students will be able to apply financial economic principles and analytical tools to evaluate investment opportunities and manage financial risk. Specifically, they will demonstrate the ability to: assess investment opportunities using concepts from both economics and corporate finance, analyze and manage financial risk using derivatives such as options and futures, incorporating economic reasoning about market behavior and risk pricing, iterpret financial data through an economic lens to inform strategic decisions in corporate and market environments, including responses to macroeconomic trends and policy shifts.

By the time of graduation, students will be able to construct clear, coherent, and well-supported written arguments that apply core economic concepts, theoretical frameworks, and analytical tools to the evaluation of public policies and real-world economic issues. Specifically, students will demonstrate the ability to (1) identify a policy-relevant economic question, (2) organize their analysis using discipline-appropriate reasoning and terminology, and (3) support their conclusions with logically structured arguments and relevant empirical or theoretical evidence.