Badge Overview

Issued by Hood College

Badge Description

The Managerial Economics badge involves the application of microeconomic theory to the business enterprise and the managerial decision-making process. Topics include goals of a firm, decision criteria, analysis and estimation of demand, production and costs, and pricing to achieve the firm’s objectives under various market conditions.

Analytical Thinking Data Analysis decision-making Problem Solving Strategic Thinking Economic Modeling

Badge Criteria

Aligned Outcomes

• Internal

  Core Competencies

  https://www.hood.edu/offices-services/institutional-assessment/institutional-learning-outcomes GSO_Comm

  Communication

  The badge earner will communicate clearly and effectively in oral, written and/or visual formats, consistent with the standards of their discipline.

• Internal

  Core Competencies

  https://www.hood.edu/offices-services/institutional-assessment/institutional-learning-outcomes GSO_Res

  Research

  The badge earner will identify and explore relevant questions and/or problems by accessing, evaluating, applying and/or conducting research using discipline-specific strategies.

• Internal

  Core Competencies

  https://www.hood.edu/offices-services/institutional-assessment/institutional-learning-outcomes GSO_CriReas

  Critical Reasoning

  The badge earner will approach content and tasks with a critical awareness, framed by knowledge and skills appropriate to their discipline.

• Internal

  Core Competencies

  https://www.hood.edu/offices-services/institutional-assessment/institutional-learning-outcomes GSO_ProbSolv

  Problem Solving

  The badge earner will apply advanced disciplinary content knowledge and strategies to understand and address problems and questions relevant to their discipline and to which they have not previously been introduced.

• Internal

  Core Competencies

  https://www.hood.edu/offices-services/institutional-assessment/institutional-learning-outcomes GSO_Div

  Diversity

  The badge earner will recognize and engage diverse ideas, perspectives and/or traditions that inform their discipline, profession and graduate experience.

• Internal

  Core Competencies

  https://www.hood.edu/offices-services/institutional-assessment/institutional-learning-outcomes GSO_Prof

  Professionalism

  The badge earner will engage in legal, ethical and professional behaviors consistent with their discipline, including leadership, teamwork and/or other responsibilities to key stakeholders.