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MA in Economics Curriculum

The MA in Economics program requires the completion of 30 semester hours of coursework, or a minimum of 24 hours of coursework and a thesis or internship.

Students entering the program will be expected to have completed undergraduate courses in intermediate micro and macroeconomic theory, differential calculus, and statistics. Any deficiencies must be made up at the start of the program. These background courses do not count toward the 30 hours required for the degree.

Both the Financial Economics and Economic Analysis tracks are built upon a set of core courses in Economic Theory and Econometrics. The student then takes elective courses in areas such as public sector economics, labor economics, international economics, economic development, monetary economics, industrial organization, or several courses in the Finance Department, depending on the track chosen.

The Economic Analysis track better suits those students who plan to go on to a Ph.D. in economics program; however, those students with aspirations of attaining their Ph.D. who have a specific interest in Financial Economics are encouraged to follow their interests.

The Financial Economics track prepares students for successful careers in the financial services industry, including commercial banking, investment banking, real estate, and financial advising.

A break-down of required courses for the two tracks are as follows:

Economics Analysis Track

Core: 12 hours
  • Quantitative Methods
  • Microeconomic Theory 
  • Macroeconomic Theory 
  • Econometrics I

Electives: 18 hours
For elective courses, students may select any MA or Ph.D. level economics courses, subject to the following restrictions: All choices must meet with the approval of the graduate coordinator, no more than 6 hours may be at the 50000 level, and the student must complete at least 15 hours of economics courses other than those in independent study and research.  

A student may also select, with departmental approval, a limited number of courses outside the Department of Economics.

Financial Economics Track

Core: 18 hours
  • Microeconomic Theory
  • Macroeconomic Theory 
  • Econometrics I 
  • Monetary Theory & Policy 
  • Financial Management 
  • Financial Management II
Plus any two of the following: 6 hrs
  • Financial Markets & Institutions
  • International Financial Management 
  • Commercial Bank Management 
  • Advanced Securities & Investment Theory 
  • Real Estate
Electives: 6 hrs
Any two economics courses at the 50000 level or above 6 hrs, with departmental approval.

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