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Graduate Catalog 2008-09


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Thomas Harriot College of Arts and Sciences


Department of Economics


Richard E. Ericson, Chairperson, A-428 Brewster Building
John A. Bishop, Director of Graduate Studies, A-436 Brewster Building

MS in Applied and Resource Economics

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Applicants to the MS in applied and resource economics must meet the admissions requirements of the Graduate School, submit three letters of recommendation, make an acceptable score on the general portion of the Graduate Record Examinations, and have had at least one undergraduate course each in introductory statistics and differential calculus. Non-native speakers must make an acceptable score on the TOEFL. Undergraduate courses in intermediate microeconomics and macroeconomics are strongly recommended.

Students in this degree program must complete a minimum of 33 s.h. of course work. Core requirements in economics theory, econometric technique, and research methodology constitute 21 s.h. with the remaining 12 s.h. being electives. Up to 6 s.h. of electives may be taken outside the department with the approval of the graduate director.

  1. Core courses: ECON 5360, 5501, 6301, 6302, 6390, 6401, 6402.
  2. A comprehensive examination is administered after completion of ECON 5360, 5501, 6301, 6302, 6401, 6402. The examination will test skills in applied theory and econometrics. Successful performance on this examination is necessary to continue in program.
  3. Research skills: Four of the core courses listed above constitute 12 s.h. of research skills in quantitative methods and research methodology: ECON 5360, 6301, 6302, 6390.
    Research project: The final component, ECON 6390 (research project) is the culmination of student’s analytical work and is designed to demonstrate applied research skills.

Certificate in Applied Economics

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In addition to the MS in economics, the department offers a certificate in applied economics with five options: econometrics, forecasting/macroeconomics, health policy, public policy, and resource policy. Entry requirements include a degree application for regular admission and a letter to the graduate director, requesting enrollment in the program. The certificate will be awarded after completion of 9 s.h. of B or better work in the respective areas as follows:

Econometrics: ECON 6301 and two electives
Forecasting: ECON 6353 and two electives
Health policy: ECON 5910 and two electives
Public policy: ECON 5800 and two electives
Resource policy: ECON 5170 and two electives