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Requirements & Related Info:
Master of Science Degree
- Course-Based M.S. degree in Economics
- Research-Based M.S. degree in Economics
Rules for Satisfactory Performance
Preparing for a Doctoral Degree
GSAS Policies, Procedures, & Deadlines
Master of Science Degree
All students are required to complete the three core sequence classes: Statistics and Econometrics; Microeconomic Theory I and II; and Macroeconomic Theory I and II. Students are also required to demonstrate competency in the application of mathematics to economic problems. See the Rules of Satisfactory Performance for the different ways that math competency can be fulfilled. The department offers an optional (but highly recommended) mathematics review course (Math Camp), which takes place at the end of August.
The standard course load for a full-time student is four courses per
semester. A grade of B- or above is considered
passing. The one-year residency requirement means that the student is obligated
to pay full tuition for two semesters unless a portion of tuition is waived through a
(1) The Course-Based M.S. degree in Economics
The Course-Based track in the Master of Science program is designed to provide an
understanding of the theoretical and empirical foundations of modern Economics:
statistics and econometrics, microeconomic theory, macroeconomic theory, and mathematics.
In order to achieve these objectives, there are six required core courses. This six-course
core consists of three required two-semester sequences in microeconomics, macroeconomics,
NOTE: Click on the course numbers above to view recent syllabi for that course. We offer syllabi in order to give you detailed information about the level and content of the course. They are updated every year.
The Economic Research seminars, EC211 and EC212, are ½ credit courses taken each semester. They require that students attend seminars and lectures at the department on a semi-weekly basis. Students are expected to read the papers, present a summary of the paper to the instructor and actively participate in the seminar.
The Applied Econometrics graduate course will focus on an empirical analysis of the material learned in the six core courses. It will also provide additional econometric tools necessary for students to be able to carry out a substantive research project. Together, the Applied Econometrics course and the thesis will serve as a capstone for the M.S. Research-Based degree. In order to receive the Master of Science Research-Based degree, a student must complete a two-year residency requirement and must pass twelve semester courses.
The thesis must be a major research project that is conducted under the supervision of a member of the department. The completed thesis must be presented and successfully defended in an oral examination administered by a formal thesis committee. Thesis credit is awarded when a final draft is approved by the thesis committee. It is important to note that a Master's thesis must contain original work and cannot be submitted as a paper in other courses.
Table II indicates how students would typically complete the M.S.-Research-Based in degree Economics.
NOTE: Click on the course numbers above to view recent syllabi for that course. We offer these syllabi in order to give you detailed information about the level and content of the course. They are updated every year.
Upper Level Electives
To exhibit satisfactory performance in the first year of the M.S. Program in Economics, a full-time student must:
Students who receive a final grade of C+ or worse in any of the 3
core courses in the first semester will receive a warning that they
are at risk of not satisfying the criteria for satisfactory
performance. These students are expected to meet with their advisor
to review their academic record prior to the beginning of the second
Students who do not meet any of these four requirements by the end of the first year will have failed to demonstrate math competency. This can ultimately result in unsatisfactory performance in the M.S. program (see above).
Graduation RequirementsIn addition to having successfully completed the requirements listed above and having demonstrated competency in mathematics with respect to economic problems, students must complete the following items by their respective due dates in order to be eligible to graduate. Please refer to the Graduate Student Handbook for a complete list of deadlines.
Preparing for a Doctoral Degree
For students who are considering a Ph.D. in economics, we
recommend taking the Real Analysis sequence in the mathematics
department (Math 135/136) and pursing the Research-Based track that
includes writing a master's thesis. The former is an important way
of showing the appropriate mathematics background that is required
by many top departments and the latter is a way of showing
significant research experience and the beginnings of a research
agenda that will be continued at the Ph.D. level.
GSAS Policies, Procedures, & DeadlinesFor a full description of the Graduate School's Policies and Procedures with regard to registration, tuition and fees, academic policies, deadlines, degree requirements, Master's thesis requirements, and more, please refer to the Graduate Student Handbook on the Graduate Admissions website.
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