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The Department of Economics and Finance offers a Master of Science (MS) degree in Economics with the opportunity for specialization in areas within economics and for coursework in areas outside Economics. Some suggested areas for specialization within Economics are Regulation, International Economics, Applied Business Economics, and Border Economics. Some suggested areas for the minor or for interdisciplinary work are Border Studies, Finance, and Computer Information. All proposed degree plans must be approved by the Graduate Advisor and by the Graduate School.

Thesis and non-thesis programs are available. Students enrolled in the thesis program must take 24 hours of coursework in addition to completing the thesis, for which six (6) hours of credit are given. The non-thesis option requires a total of 36 hours of coursework.

The ability to take coursework in areas outside Economics is available either through completion of a minor, with as many as 12 hours and a minimum of six (6) hours, or through the interdisciplinary program. The interdisciplinary program is a 36-hour program with a minimum of 18 hours in Economics.

Students in this degree program may also obtain a non-thesis Finance concentration by completing five required Finance courses in addition to the courses required for the MS in Economics. 

The Department of Economics and Finance also participates in the Master of Business Administration (MBA) and the Master of Accountancy (MACY) degrees, the requirements for which are found under the College of Business Administration and Accounting sections in this catalog.

Requirements for Admission to the MS Degree in Economics

Students should see the Introduction to the College of Business Administration. In addition to the requirements listed in there, students should also complete the following courses or their equivalents:

ECON 5304Business Economics (ECON 2303,ECON 2304)3
ECON 5360Global Econ Environment-Mgrs (ECON 3302)3
ECON 5311Managerial Economics (ECON 3303)3
QMB 5311Quantitative Methods-Business (QMB 2301,QMB 3301,MATH 2301)3

Degree Plan

Required Credits: 30

Common Body of Knowledge
Business Economics:
Select one of the following:3-6
Business Economics C
Principles of Economics (C)
and Principles of Economics (C)
Managerial Economics:
ECON 5311Managerial Economics3
or ECON 3303 Intermed Microeconomic Theory
The Economic Environment:
Quantitative Methods in Business:
Select one of the following:3
Quantitative Methods-Business C
Math for Social Sciences II
Fundamentals of Bus Statistics
and Quantitative Methods in Bus
MS Economics Program (All courses require a grade of C or better)
Required Courses:
ECON 5302Microeconomic Theory3
ECON 5303Macroeconomic Theory3
ECON 5305Applied Mathematical Economics3
ECON 5370Applied Econometrics3
ECON Electives:
Select twelve hours of the following:12
Business Economics
Managerial Economics
Monetary & Fiscal Pol & Prob
Public Choice
Public Sector Economics
Urban Economics
Economic Impact Modeling
Industrial Organization/Policy
Global Econ Environment-Mgrs
Applied International Economic
Economic Development
Latin American Economics
Country Risk Analysis
Border Economics
Econometric Forecasting
Panel Data & Discrt Chce Modls
Directed Indiv Study-Economics
Special Topics
Professional Report-Economics
Non-Thesis Option:
Complete three courses from among the Master’s level graduate electives offered by the Department.
Business Economics
Managerial Economics
Monetary & Fiscal Pol & Prob
Public Choice
Public Sector Economics
Urban Economics
Economic Impact Modeling
Industrial Organization/Policy
Global Econ Environment-Mgrs
Applied International Economic
Economic Development
Latin American Economics
Country Risk Analysis
Border Economics
Econometric Forecasting
Panel Data & Discrt Chce Modls
Directed Indiv Study-Economics
Special Topics
Professional Report-Economics
Total Hours33-36

Finance Concentration

Complete the following
FIN 5311Financial Management3
FIN 5315Securities Analysis3
FIN 5316Risk Mgmt and Derivative Mkts3
FIN 5318Capital Formation-Analysis-Bud3
FIN 5325International Financial Mgmt3
C

Course requires a grade of C or better