MSAE Curriculum

For a graphical layout of requirements, see the MSAE program flowchart

The MSAE program requires a minimum of 30 credit hours of graduate work, a non-credit master's essay and a final oral examination. No formal master's thesis is required

The 30 hours include 12 hours of required core courses in economic theory and quantitative analysis, an additional 12 hours of coursework relating to a chosen area of specialization, and 6 hours of electives. For students who do not choose a specialization, a general track is also available.

Common Core Courses

ECON 6560 Applied Econometrics
ECON 6561 Applied Time-Series Econometrics and Forecasting
ECON 6503 Microeconomic Theory and Applications
ECON 6504 Macroeconomic Theory and Applications

MSAE Specializations

  • The Business economics specialization is suitable for individuals seeking careers in the private sector in industries such as utilities, services and manufacturing. It combines economics courses with such business courses as managerial accounting, marketing management, and operations management.
  • The Marketing research specialization is designed for students interested in a career in marketing research and market analysis, working either for marketing research consulting companies, or in marketing research departments of companies in the service, manufacturing or financial sector. It combines the applied econometric and forecasting courses taught in the economics core with courses in marketing management, marketing research, and other traditional marketing areas.
  • The Financial economics specialization is appropriate for those interested in a career in the financial services sector including banks, insurance companies, and securities markets. It blends such economics courses as monetary theory and policy with courses in financial policy and an advanced seminar in finance.
  • The Real Estate Economics Specialization is intended for students interested in careers regarding the development, site selection, financing and construction of real estate properties as well as urban/regional development. For that purpose, the specialization includes courses in urban and regional economics, the financial and development aspects of real estate as well as courses on data management and GIS tools often used by practitioners in the field.
  • The International Economics Specialization is appropriate for those interested in a career in industries or in government that deal in the ever-expanding global economy. This is accomplished by completing courses in international Trade and Finance, as well as those with an emphasis on global business practices.
  • The public policy research specialization is designed for students who are interested in careers in the public sector requiring policy analysis. The goal is to provide students training in technical and research skills needed by non-academic professional economists for applying basic economic theory to specific policy problems. It offers electives in political science in addition to economics.
  • The general track provides a more flexible option for students who wish to focus almost exclusively on economics courses.

The master's essay consists of a careful application of the student's newly acquired analytical skills to a particular issue or problem. It is completed during the final semester of the program and is often an extension of a previously completed course project.

The final oral exam is a roughly one-hour opportunity for students to demonstrate their oral communication skills by discussing economic issues and events mainly related to their essay, in both technical and non-technical language.