Master of Science in Economics
http://www.utdallas.edu/epps/eco/
Faculty
Professors: Daniel G. Arce M., Kurt J. Beron, Rachel Croson, Catherine Eckel, James Murdoch, Todd Sandler, Barry J.
Seldon, Donggyu Sul
Associate Professors: Nathan Berg, Susan Williams McElroy, Kevin
Siqueira
Assistant Professors: Rodney Andrews, Xin (Sherry) Li
Mission
The
mission of the Master of Science in Applied Economics is to provide excellent
graduate-level education in economics, with an emphasis on the development of
theoretical understanding of economic phenomena, quantitative skills that can
be applied to economic problems, and critical thinking to understand how best
to apply economic theory and quantitative skills to real-world problems.
Graduates of the Economics program will have an educational background that is
conducive to employment in banking or financial institutions, insurance,
consulting, corporate strategic planning, real estate, journalism, management,
marketing, labor arbitration, regulation, environmental and urban and regional
planning and quantitative analysis. 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.
Facilities
Students
have access to the computing facilities in the School of Economic, Political
and Policy Sciences and the University’s Computing Center. The School has two
computing laboratories which have over 50 computers that are network linked and
equipped with major social science software packages, including E-Views, R.
Rats, SPSS and STATA. A computerized geographic information system, the Lexis Nexis database and Westlaw are also available for student
use. The University’s Computing Center provides personal computers and UNIX
Workstations. Many important data and reference materials are also available
online via the library’s and school’s memberships in numerous organizations.
Admission Requirements
The University’s general admission
requirements are discussed here.
The
master’s program in 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.
Prerequisites
For
the Master of Science in 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 UT Dallas
or their equivalents at another institution: ECON 3310 Intermediate
Microeconomics, ECON 3311 Intermediate Macroeconomics, ECON 4351 Mathematical
Economics, ECON 4355 Econometrics, and EPPS 3405 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.
Degree Requirements
The University’s general degree
requirements are discussed here.
Students
seeking a Master of Science in Economics degree must complete 36 semester credit
hours of work in the program. The program has three components: 12 hours (four
courses) of Required Core Courses (listed below), 9 hours of Economics
Electives and 15 hours of Other Electives. Students must consult with the
Director of Graduate Studies of the Economics Program each semester in order to
determine the approved Economics Electives and Other Electives each semester.
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.
Required Core Courses in Economics (12 hours):
ECON 5321 Microeconomic Theory for
Applications
ECON 5322 Macroeconomic Theory for Applications
ECON 6305 Mathematical Economics
ECON 6306 Applied Econometrics
Advising
note: If the student intends to enter the Ph.D. program in Economics upon
completion of the M.S. then he or she should consider taking ECON 6301 instead
of ECON 5321 and ECON 6302 instead of ECON 5322.
Economics Electives Courses (9 credit hours):
Approved
ECON courses numbered 5000 and above.
Other Electives Courses (15 credit hours):
Approved
ECON courses numbered 5000 and above or approved graduate courses from other
programs.
Advising
note: If the student intends to enter the Ph.D. program in Economics upon
completion of the M.S. then he or she should consider taking ECON 7301
Microeconomics Theory II and ECON 7302 Macroeconomic Theory II as electives.