http://www.utdallas.edu/dept/socsci/
Professors: Brian J. L. Berry, Lloyd J. Dumas, Catherine Eckel, Donald
A. Hicks, James Murdoch, Barry J. Seldon, Wim P.M. Vijverberg
Associate Professors: Sheila Amin Guti�rrez de Pi�eres, Nathan Berg, Kurt
J. Beron, Susan Williams McElroy
Assistant Professors: Roxanne Ezzet-Lofstrom, Magnus Lofstrom, Isaac
McFarlin
The master�s program in Applied Economics emphasizes the application of
economic tools to real socio-economic problems and developments in Economics as
evident in the growing Economics literature. Students are introduced to the
micro- and macroeconomic theories that guide empirical applications in applied
fields in Economics, quantitative methods for addressing economic problems and
cross-disciplinary perspectives on such problems.
Graduates of the Applied Economics program will have an educational
background that is conducive to employment in banking or financial
institutions, insurance, corporate strategic planning, real estate, journalism,
management, marketing, labor arbitration, regulation, environmental and urban
and regional planning. Graduates may also choose to undertake further studies
in Ph.D. programs in Economics, Political Economy, and Political Science, as
well as additional studies in business or law.
Students have access to the computing facilities in the
The University�s general admission requirements are discussed here.
The master�s program in Applied Economics seeks applications from students
with a baccalaureate degree from an accredited university of college. A 3.0
undergraduate grade point average (on a 4.0 scale), and a combined verbal and
quantitative score of at least 1200 on the Graduate Records Examination (GRE).
Students may also wish to consider submitting their score from the writing
component of the GRE test as additional evidence of their writing skills.
Standardized test scores are only one of the factors taken into account in
determining admission. Students should also submit all transcripts, three
letters of recommendation, and a one-page essay outlining the applicant�s
background, education and professional objectives.
For the Master of Science in Applied Economics, students with a Bachelor of
Science in Economics and courses in calculus and matrix or linear algebra will
have the necessary foundation in economics, statistics and mathematics.
Students who lack this foundation should complete the following undergraduate
courses at UTD or their equivalents at another institution: ECO 3310
Intermediate Microeconomics, ECO 3311 Intermediate Macroeconomics, ECO 4351
Mathematical Economics, ECO 4355 Econometrics, and SOCS 3303 Introduction to
Social Statistics, MATH 1325 Applied Calculus I, MATH 1326 Applied Calculus II,
and MATH 2333 Matrices, Vectors, and their Applications in order to begin the
program.
Students who have previous graduate work pertinent to the requirements of a
master�s program may be given up to 15 hours of transfer credit, and the hours
of coursework required for the degree will be reduced accordingly. Students
desiring to transfer graduate courses thought to be equivalent to core courses
may be required to demonstrate competency through examination. The award of
such transfer credit must be consistent with the University�s �Transfer of
Credit� policy.
The University�s general degree requirements are discussed here.
Students seeking a Master of Science in Applied Economics degree must
complete 36 semester credit hours of work in the program. The program has three
components: 12 hours (four courses) in Required Core Courses, 9 hours of
Applied Economics Electives and 15 hours of Free Electives. Students must
achieve at least a 3.0 grade point average in the required courses and an
overall grade point average of 3.0 to graduate.
ECO 5321 Microeconomic Theory for Applications
ECO 5322 Macroeconomic Theory for Applications
ECO 5309 Mathematical Economics
ECO 5311 Applied Econometrics�
Advising note: If the student intends to enter the Ph.D. program
in Economics upon completion of the�
MSAE, then he or she should consider taking ECO 5301 instead of ECO 5321
and ECO 5302 instead of ECO 5322.
ECO 6321 Financial Economics I
ECO 6331 Labor Economics I or ECO 6332 Labor Economics II
ECO 6340 Industrial Organization
ECO 6355 International Trade
ECO 6361 Public Sector Economics
The student may select other Economics courses numbered 5000 and above, or any
of the following:
POEC 6301 Political-Economic Theories
POEC 6312 Social-Economic Theories
POEC 6366 International Economics
POEC 7321 Seminar in Business and Government
POEC 7340 Domestic Social Policy
GISC 6381 Geographic Information System Fundamentals
Other courses subject to approval of Coordinator of M.S.A.E. programs
Advising note: If the student intends to enter the Ph.D. program in Economics
upon completion of the M.S.A.E. then he or she should consider taking ECO 6307
Microeconomics Theory II and ECO 6308 Macroeconomic Theory II as electives.