Back to Top
Top Nav Content Site Footer
University Home
College of Liberal Arts & Education

Economics Learning Outcomes

Mission Statement and Vision

The primary mission of the Department of Economics at University of Detroit Mercy is to provide a high-quality education in economics and financial economics to future leaders of industry, government and civil society.

At the core of our education is a commitment to academic excellence and lifelong learning. Our vision is the preparation of students capable of critical thinking and independent analysis for living their lives of responsibility, leadership and service. The faculty members in the Department of Economics emphasize excellence in teaching through continuous professional development and high-quality scholarship.

Strategic Goals

  1. To ensure that our students have the integrative and critical thinking skills as well as quantitative and qualitative abilities to analyze complex domestic economic, social and global problems.
  2. To ascertain that our students have the necessary interpersonal, communication and leadership skills so that they can function as responsible citizens and effective leaders.
  3. To create a collaborative teaching, learning and research environment that emphasizes social responsibility, ethical decision-making and a global perspective.
  4. To create a community of teacher-scholars and students who are actively engaged with each other and the world.

Features and Benefits

  1. Emphasizes excellent teaching;
  2. Keeps class sizes small and personal;
  3. Delivers both on-site and fully online programs;
  4. Supports the student run Economics Club;
  5. Demonstrates competency through continuous professional development and research;
  6. Provides a solid foundation in economic theory and applied economics, qualitative and quantitative preparation, international and comparative economics, banking and fiscal policies; and
  7. Provides a rigorous program of study at the master's level while preparing students for doctoral work.

Bachelor of Arts - Economics Major

Learning Goal
Understand basic economic concepts

Learning Objectives
Display a familiarity with the basic economic concepts and theories necessary to understand the functioning of the U.S. and global economies.

Where Assessed
ECN 2950, ECN 2960


Learning Goal
Express qualitative and quantitative tools of analysis

Learning Objectives
Demonstrate a familiarity with qualitative and quantitative analysis in explaining the economic theories that underlie social and economic problems.

Where Assessed
ECN 3050, ECN 4100


Learning Goal
Communicate economics paradigms

Learning Objectives
Articulate and distinguish among economic paradigms

Where Assessed
ECN 3150, ECN 3160


Learning Goal
Understand competing economic theories

Learning Objectives
Demonstrate knowledge of competing economic theories and models in both historical and contemporary settings.

Where Assessed
ECN 3050


Bachelor of Arts - Financial Economics Major

Learning Goal
Understand basic economic and financial economics concepts

Learning Objectives
Display a familiarity with the basic economic and financial economic concepts necessary to understand the functioning of the banking, international trade, and government systems both in the U.S. and abroad.

Where Assessed
ECN 2965, ECN 2960, ECN 3050


Learning Goal
Apply economics to contemporary financial issues and challenges.

Learning Outcomes
Demonstrate an ability to critically analyze and advance recommendations of contemporary financial challenges.

Where Assessed
ECN 4660, ECN  4640


Learning Goal
Express qualitative and quantitative models and tools of analysis

Learning Outcomes
Demonstrate a familiarity with qualitative and quantitative models in explaining economic theories that underlie social and economic problems.

Where Assessed
ECN 4100


Learning Goal
Communicate economic and financial economic paradigms

Learning Outcomes
Articulate and effectively communicate economic and financial economic ideas in research findings.

Where Assessed
ECN 3760


Minor - Economics

Graduates of the program will:
  1. Be able to understand the ideas, concepts, tools, theories, and models of economics.
  2. Be able to demonstrate an integration of the subdivisions within economics such as economic development, financial economics, economic thought, monetary and fiscal policy, public finance, and international finance, and the application of these subdivisions to current economic issues and problems.
  3. Be able to express economic ideas accurately, professionally, and succinctly by effectively applying relevant economic sources and data in various written formats.
  4. Be able to gather and analyze relevant data as well as critically evaluate economic policy proposals and their diverse outcomes in relation to various contemporary economic models and theories.

Minor - Financial Economics

Graduates of the program will:
  1. Be able to understand the ideas, concepts, tools, theories, and models of economics
  2. Be able to demonstrate an integration of the subdivisions such as economic development, money and capital markets, monetary and fiscal policy, public finance, financial economics, and international finance and trade, and the application of these subdivisions to current economic issues and problems.
  3. Be able to express economic ideas accurately, professionally, and succinctly by effectively applying relevant economic sources and data in various written formats.
  4. Be able to gather and analyze relevant data as well as critically evaluate economic policy proposals and their diverse outcomes in relation to various contemporary economic models and theories.

Master of Arts in Economics

Learning Goal
Understand basic economics and financial economics concepts

Learning Outcomes
Display a familiarity with advanced economic concepts models and theories.

Where Assessed
ECN 5100, ECN 5120


Learning Goal
Analyze economic theories and policies.

Learning Outcomes
Demonstrate an ability to critically analyze and make recommendations for complex contemporary economic challenges.

Where Assessed
ECN 5650


Learning Goal
Express qualitative and quantitative tools of analysis

Learning Objective
Demonstrate a familiarity with qualitative and quantitative analysis in explaining and evaluating economic conditions and issues.

Where Assessed
ECN 5150


Learning Goal
Communicate economics paradigms

Learning Outcome
Articulate and effectively communicate complex economic ideas by organizing, interpreting and presenting quantitative economic data and research findings.

Where Assessed
Representative sample of research projects and case analyses throughout coursework.


Master of Arts in Financial Economics

Learning Goal
Understand ideas, concepts, tools, theories and models of economics.

Learning Objective
Demonstrate knowledge of financial concepts and models

Where Assessed
ECN 5400, ECN 5300, ECN 5460


Learning Goal
Understand subdisciplines and the application of these disciplines to current economic issues and problems.

Learning Objective
Demonstrate an integration of their economic knowledge of the subdisciplines such as economic development and analysis of economic conditions, economic ideas, monetary and fiscal policy, financial economics, quantitative analysis, public finance, and international analysis and trade.

Where Assessed
ECN 5850, ECN 5640, ECN 5150


Learning Goal
Communicate effectively.

Learning Objective
Produce oral and written communications that express economic ideas accurately, professionally and succinctly that utilize key economic resources and data.

Where Assessed
Representative sample throughout coursework Express quantitative and logical economic principles Analyze and integrate quantitative data and theoretical constructs to critically evaluate economic policy


Learning Goal
Express quantitative and logical economic principles

Learning Objective
Analyze and integrate quantitative data and theoretical constructs to critically evaluate economic policy

Where Assessed
ECN 5350, ECN 5700

Back to Top