Economics and Business

Division II Chair: J. Pearce

Program Chair: Ed McCormack

Faculty: A. Caldwell, V. Grzimek, E. Kinnamon, N. Manamperi, E. McCormack, I. Norris, M. Reid, S. Steele, W. Tolliver, and C. Vazzana

 

The mission of the Economics and Business Program is to provide inclusive educational opportunities aimed at developing competencies necessary for meaningful contribution to the professional and academic fields of business and economics. These opportunities are provided in a continuous learning environment for faculty and students. Program goals are based on the College’s established broad learning goals, Great Commitments, and aims of General Education.

General Program Goals

The goal of the Economics and Business Program is to provide students with a course of study that will help them understand and apply the theories and principles of economics and business. Students will learn to view problems and issues from multiple perspectives, apply analytic reasoning and decision making skills, and communicate effectively. Faculty and students will examine contemporary economic and business issues within a framework of ethical reflection and personal responsibility.

Understand and Apply

Students will be able to understand and apply disciplinary theories and principles using the specialized language of economics and business. Students will have a fundamental understanding of how markets work and of their importance. Using appropriate technology and quantitative methods, students will be able to state problems clearly and engage in the research process.

View Problems and Issues from Multiple Perspectives

Students will be able to view problems from a variety of perspectives. Students studying business and economics will be asked to think in multidisciplinary terms and consider alternative points of view when examining issues and designing solutions. The Program provides a diverse learning environment fostering communication and exchange between individuals of widely differing backgrounds.

Decision Making

Students will be able to determine relevant criteria for decision making with an understanding of the risks and tradeoffs involved in the process and in the outcome. Decisions should be supported by appropriate information and analysis.

Communication

Students will be able to write and speak clearly and persuasively in the various modes required by the disciplines, and to support their positions. Careful reading and effective listening are required skills in economics and business. Students pursuing these disciplines will develop the ability to acquire knowledge independently from and critique various media, including text, oral presentations, and media sources.

Responsibility

The Economics and Business Program promotes accountability for individual actions. Students will develop a sense of personal and professional responsibility. Students will be aware of the many ethical dilemmas in economics and business and develop strategies for evaluating these dilemmas, focusing on solutions that promote the common good.