Economics

Study mode:On campus Study type:Full-time Languages: English
Local:$ 31.7 k / Year(s) Foreign:$ 43 k / Year(s) Deadline: May 1, 2024
301–350 place StudyQA ranking:5035 Duration:2 years

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The Department of Economics now offers a Masters Degree in Economics. Since Fall 2010, we have attracted many exciting international classes and we hope to continue this trend. This is a new kind of M.A. in Economics, quite different from what is offered by other institutions. No prior background in Economics required (although you should be prepared to work hard to catch up quickly if you have not taken any or little economics at the undergrad level): our first year classes teach the fundamentals of Economics. However, a strong mathematical background is required: linear algebra, real analysis, multivariate calculus, differential equations. The students will be taking PhD level courses with our PhD students, and have access to the same advising as our PhD students. The requirements for admission are identical and so is the department's dedication to these students in terms of office space, advising etc. Students who successfully complete the program will be considered for continuation into our PhD program without taking additional course work, and be considered for funding for the following two years in the program. So far all students who have passed the requirements and successfully graduated from the MA program, and who applied to the PhD program have been accepted to the program. This research oriented program prepares students for careers in academia, research institutes, government, international institutions, and the private sector. Graduates from this program will be well prepared to continue their studies in top PhD programs in Economics and Finance, as well as the best MBA programs in the world. This is a full-time program during the first year, and it can be taken part-time starting in the second year.

Fall year I

  • ECO500 Microeconomics I
  • ECO510 Macroeconomics I
  • ECO520 Mathematical Statistics
  • ECO590 Mathematical foundations of contemporary Economic Theory

Spring year I

  • ECO501 Microeconomics II
  • ECO511 Macroeconomics II
  • ECO521 Econometrics
  • ECO531 Introduction to Computational Methods in Economics

For the basic program in the second year students will take at least three more courses.

  • ECO522 Applied Econometrics (F)
  • ECO597 master's project

The third course will be one of the electives offered in either the Fall or the Spring semester (please see list below). Some of these courses are offered in the evening, thus making the program attractive to part timers.  No courses are offered in the summer.

Elective courses:

  • ECO604 Game Theory I (F)
  • ECO605 Game Theory II (S)
  • ECO610 Advanced Macroeconomic Theory I
  • ECO612 Computational Economics & Dynamic Modeling
  • ECO613 Computational Macroeconomics
  • ECO636 Industrial Organization I (F)
  • ECO637 Industrial Organization II (S)
  • ECO640 Advanced Labor Economics Theory I (F)
  • ECO641 Advanced Labor Economics Theory II (S)
  • ECO642 Demographic Economics I
  • ECO643 Demographic Economics II
  • ECO645 Health Economics I
  • ECO646 Health Economics II (S)

For the Concentration in Industrial Strategy students will take the following courses in their second year:

Fall year II

  • ECO522 Applied Econometrics
  • ECO604 Game Theory I
  • ECO636 Industrial Organization I

Spring year II

  • ECO605 Game Theory II
  • ECO637 Industrial Organization II
  • ECO597 master's project

For the Concentration in People Markets and Government students will take the following courses in their second year:

Fall year II

  • ECO522 Applied Econometrics
  • ECO640 Labor Economics I
  • ECO642 Demography

Spring year II

  • ECO641 Labor Economics II
  • ECO645 Health Economics
  • ECO597 master's project

For the Concentration in Macroeconomic Po licy students will take the following courses in their second year:

Fall year II

  • ECO522 Applied Econometrics
  • ECO612 Computational Economics & Dynamic Modeling
  • ECO613 Computational Macroeconomics

Spring year II

  • ECO610 Advanced Macroeconomic theory I
  • ECO597 master's project

One elective course of the existing list:

  • ECO604 Game Theory I (F)
  • ECO605 Game Theory II (S)
  • ECO636 Industrial Organization I (F)
  • ECO637 Industrial Organization II (S)
  • ECO640 Advanced Labor Economics Theory I (F)
  • ECO641 Advanced Labor Economics Theory II (S)
  • ECO642 Demographic Economics I
  • ECO643 Demographic Economics II
  • ECO645 Health Economics I
  • ECO646 Health Economics II (S)
  1. File a complete, official graduate application form with the application fee of U.S. $100.
  2. Provide proof of 3.0 undergraduate grade point average overall (on a scale in which A=4, B=3, C=2, D=1, F (failure) =0) and a B average (that is, at least 3.0) in the undergraduate major. This requirement is waived for foreign students.
  3. Submit 3 letters of recommendation from instructors or academic advisors.
  4. Provide 2 official copies of transcripts from previously attended colleges.
  5. Provide test scores from the Graduate Record Examination (GRE)
  6. For foreign students, provide scores from the Test of English as a Foreign Language (TOEFL), or the IELTS. This is a hard requirement, no exceptions for non-native speakers even if you have obtained a degree in an English speaking university including US universities.

Students in the M.A. program do not receive financial support and are expected to pay tuition.

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