ECON $110$ Assessment Plan

Assessment Mechanism

Think about your next purchase of real estate, which could be your primary home, second home, or an investment property. Even if you are not currently planning to purchase real estate, please think about the kind of real estate that you are most likely to purchase in the future.

Please answer the questions below:

Student Learning Outcome $1$: Apply methods of inquiry to investigate social behavior

Question: When would you purchase this property and what property would you want to purchase $($type$,$ size, location$)?$ Do you plan to take out a mortgage to help purchase this property? If yes, what kind and why? If not, why not?

Example Answer: Here, the student would need to think about the various types of real estate involved and how such real estate can be financed. This approach best relates to the structured inquiry method $($as opposed to confirmation, guided, or open$)$ in that students are asked a question and should rely upon material that can be readily accessed to answer the question.