M.S. in Economics

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.

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.

Admission Requirements

Students should see the Introduction to the College of Business Administration. In addition to the requirements listed there, prospective students should have completed coursework in intermediate economic theory and quantitative methods prior to applying to the MS program.

Degree Plan

Required Credits: 30-36

MS Economics Program (All courses require a grade of C or better, unless otherwise noted)
Required Courses:12
Microeconomic Theory
Macroeconomic Theory
Applied Mathematical Economics B
Applied Econometrics
ECON Electives:
Select twelve hours of the following:12
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
Health Economics
Econometric Forecasting
Panel Data & Discrt Chce Modls
Directed Indiv Study-Economics
Special Topics
Thesis Option:
Select ECON 5398 and ECON 5399 to complete thesis:
ECON 5398Thesis3
ECON 5399Thesis3
Non-Thesis Option (if approved):
Complete an additional twelve hours from among the Master’s level graduate electives offered by the Department.12
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
Total Hours30-36

Concentration in Data Analytics

Required Courses
ECON 5302Microeconomic Theory3
ECON 5303Macroeconomic Theory3
ECON 5305Applied Mathematical Economics3
ECON 5370Applied Econometrics3
STAT 5195Graduate Seminar1
STAT 5329Statistical Programming3
STAT 5474Introduction to Data Mining4
Prescribed Elective Courses
One course required3
Econometric Forecasting
Panel Data & Discrt Chce Modls
Free Elective Course Menu
Must take three free electives9
Data Mining
Public Sector Economics
Urban Economics
Multivariate Data Analysis
Total Hours32