Economics (M.A.)

Admission Requirements

Admission to this program is contingent on admission to the Graduate School. Applicants to this program must hold a bachelor’s degree, with an undergraduate grade point average of at least 3.0 for regular admission. Exceptions may be authorized only by the Department’s Admissions Committee. Consistent with Graduate School requirements, international applicants must demonstrate English proficiency by obtaining a satisfactory score on the Test of English as a Foreign Language (TOEFL) or other test acceptable to the Graduate School.

Applicants are expected to have completed the following courses or their equivalents as undergraduate or post-bachelor students:

ECO 5000Intermediate Microeconomics4
ECO 5050Intermediate Macroeconomics4
ECO 5100Introductory Statistics and Econometrics4

MAT 2010 or a similar introductory course in differential and integral calculus provides minimal mathematics requirements. Additional courses in calculus and linear algebra are desirable although not required.

Regular admission may be granted to an applicant who has not completed these courses, but in this case they must be completed before taking 6000 or 7000-level courses.
 

Thirty-two graduate credits are required. Although the University offers various plans for M.A. degrees, the Department of Economics offers the Master of Arts degree under Plan C only, as described below.

For the M.A. Program, students must take:

Theory Core
Take as early in the program as possible
ECO 6000Price and Allocation Theory4
ECO 6050Macroeconomics4
ECO 6100Introduction to Econometrics4
Sequence Courses
Select one of the following:8
Macroeconomic Theory I
and Macroeconomic Theory II
Microeconomic Theory I
and Microeconomic Theory II
Econometrics I
and Econometrics II
Industrial Organization I
and Industrial Organization II
International Trade Theory
and International Monetary Theory
Labor Economics and Human Resources
and Economics of Human Resources
Economics of Health Care I
and Economics of Health Care II
Elective Courses
Three 6000- or 7000-level courses12
Total Credits32

Students who concentrate in fields other than Health Economics or Industrial Organization must have taken a full year of calculus, at a minimum. In addition, the permission of the M.A. Director and the instructor is required. Neither a thesis nor an essay is required. Three written examinations are required. Students must pass written exams covering the microeconomics and macroeconomics core courses and a written exam covering their 7000 level concentration.

Students should file a Plan of Work with the M.A. Director as soon as possible after being admitted to the M.A. Program. A Plan of Work developed early helps students make sure that they take courses in the right order and complete their program quickly and efficiently.

Candidacy: The Graduate School does not authorize candidacy unless the applicant's grade point average is 3.0 or better. To be eligible for candidacy, the student must also file a Plan of Work, approved by the master's program advisor, with the graduate officer of the College of Liberal Arts and Sciences. The M.A. Director requires all M.A. students to file a Plan of Work by the end of the first semester in the Economics M.A. program. The Graduate School does not allow M.A. students to register if a Plan of Work has not been filed by the time twelve graduate credits have been earned.

Academic Scholarship: All course work must be completed in accordance with the regulations of the Graduate School and the College of Liberal Arts and Sciences.