Sales and revenue forecasting, marketplace trend analysis, econometric modeling—all of these skills are grounded in applied economics. They’re also among the most sought-after skills in business and government.
The Darla Moore School of Business’ Master of Arts in Economics program combines a solid foundation in economics with an emphasis on applying that knowledge to real-world situations. While the program prepares students for careers as professional economists in government and business, some graduates use the degree as a springboard toward further education in law or a doctoral degree in business or economics.
The program is compact—three semesters in length for most students—but powerful, with course offerings in such areas as Environmental Economics, Financial Policies, Growth and Development, Health Economics, Industrial Organization, Investment Management, Labor Economics, and Money and Banking.
The structure of the Master of Arts in Economics (MAEcon) program allows for flexibility to match the particular interests and needs of the individual student. All students will acquire a strong background in economics, but those seeking an applied emphasis are provided opportunities for courses and research experiences with direct relevance to contemporary business and social problems. Students may choose to specialize in the department’s strengths in international economics and economic growth or the applied microeconomic areas of health, labor and environmental economics. Regardless of chosen specialty, all graduates of the program demonstrate mastery of the following core skills:
- Ability to approach economics-related issues analytically
- Ability to use data appropriately to answer economic research questions empirically
- Ability to effectively communicate research findings
The MAEcon program offers three options, depending on the student's preference; Economics Track, Financial Economics Track or Thesis Track. Students in all tracks have the same core classes: Applied Macroeconomics, Applied Microeconomics, Introduction to Economics and Applied Statistics I. Beyond the core classes the coursework varies for each of the track options:
Students in the Economics Track will select three electives within the Economics department. Three electives may also be taken outside of the Economics department.
Financial Economics Track
Students opting for the Financial Economics Track will have three core finance courses: Derivative Securities, Financial Policies and Investment Management. Students will also choose three electives from the available finance course offerings.
If a student chooses the Thesis Track, he/she will have two elective from within the department and two general electives. In addition, anyone in the Thesis Track will complete six credit hours of thesis work.
All students must pass a comprehensive exam after completing the core courses.