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Description

Master of Arts Degree in Economics
A Master of Arts degree in Economics offers you the ability to learn and apply economics and financial principles to the U.S. and international financial systems. Grounded in a liberal arts foundation, the degree program also provides you with a deeper knowledge of history, institutions and world economy. The degree program includes two tracks:

  • Theory concentration, which is more academically oriented
  • Applied concentration, which is more practically oriented

The Master of Arts degree in Economics program will prepare you for career advancement in the private sector (non-profit institutions, school systems, industry rand financial institutions) as well as in various levels of government. As business becomes more sophisticated, the demand for increased knowledge and abilities in the field of economics has become greater. The Master of Arts degree in Economics will enable you to achieve this higher level of sophistication that the business world is demanding. The degree will also prepare you for managerial advancement in the rapidly emerging international sector of the economy.

Upon completion of the Master of Arts degree in Economics, you will have:

  • working knowledge of how economics is woven into the fabric of institutions, industry and government
  • an understanding of international economics and how it relates to the U.S. economy
  • a greater awareness of moral and ethical issues and principles as they relate to economic concepts and theories

Career Options
The Master of Arts degree in Economics will provide outstanding preparation for careers in law, government, business and finance. With the growth of financial institutions and their increasingly complex products and processes, there is a growing job market for graduates with economics degrees.

The U.S. Department of Labor, Bureau of Labor Statistics indicates that employment prospects of economists are increasingly varied and growing with employment possibilities in both the public and private sectors as well as with not-for-profits. The expanding globalization of trade and commerce has contributed the bright employment opportunity for economists. The wide range of positions includes forecasters, planners, analysts, as well as positions in secondary education and higher education.

Course Delivery
To provide greater convenience and flexibility, courses will be available in different delivery options:

  • traditional day and evening in-classroom format
  • online courses in both seven-week and fourteen-week formats
  • one-week, intensive courses using in-classroom format

Program curriculum adheres to UDM's standards of academic integrity and intellectual merit.


Admissions Requirements

Pre-requisites and Admission Requirements
In order to be admitted to the Master of Arts degree in Economics, you must meet entrance requirements of UDM. You must also have completed a baccalaureate or advanced degree from a regionally accredited college or university with a cumulative GPA of 3.0 or better. In certain cases, additional prerequisites may be required.


Degree Requirements

To obtain a Master of Arts degree in Economics, you must successfully complete a minimum of 30 credit hours of required graduate-level Economics courses.

Curriculum
Students will complete the following courses:

Theory Concentration*
cr.
ECN 5100 Economic Analysis of Enterprise 3
ECN 5120 Analysis of Economic Conditions 3
ECN 5200 Economic Policy 3
ECN 5300 Economic Idea in Perspective 3
ECN 5650 Theory of International Trade 3


Applied Concentration*
cr.
ECN 5100 Economic Analysis of Enterprise 3
ECN 5120 Analysis of Economic Conditions 3
ECN 5660 International Monetary Analysis 3
ECN 5300 Economic Idea in Perspective 3
ECN 5850 Seminar in Monetary and Fiscal Policy 3


Electives

Plus five additional Economics electives:
cr.
ECN 5200 Economic Policy 3
ECN 5350 Contemporary Economic Systems 3
ECN 5400 Financial Economics 3
ECN 5450 Economics of the Public Sector 3
ECN 5460 Money and the Capital Markets 3
ECN 5640 Practical Issues in Financial Economics 3
ECN 5650 Theory of International Trade 3
ECN 5660 International Monetary Analysis 3
ECN 5700 Economic Development 3
ECN 5750 Resource Economics 3
ECN 5850 Seminar in Monetary and Fiscal Policy 3
ECN 5950 Individual Readings and Research 3
*With the permission of the department chair, you can take one course in another discipline for career enhancement.

For course descriptions, please view the online catalog

Faculty
UDM's Economics faculty have significant academic experience as well as practical experience in the world of finance, economics and business. Specific areas of expertise include international and resource economics, financial institutions and public policy, and economic theory.

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For more information about UDM, or to apply online, go to www.udmercy.edu/apply.


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