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GRADUATE PROGRAM
The M.S. in Applied Economics is an 18-22 month course- and thesis- based degree program. The Department encourages the development of a program of courses that conforms to both the level of professional competence required by the Department and the individual student's goals. The student and his/her advisor may select courses for the program from 400- and 500-level courses in the University. The Division of Graduate Education stipulates that at least two-thirds of the required credit hours must be at the 500 level. A completed Program of Study & Committee Form (Word, pdf) must be submitted to the Division of Graduate Education for approval by the middle of the second semester of graduate residence.
A core of economic theory and quantitative methods courses (or equivalent) is required. The core includes ECON 401 (Microeconomic Theory), ECON 501 (Advanced Microeconomic Theory), AGEC 467 (Quantitative Methods in Economics), ECON 561 (Econometrics I), and ECON 502 (Macroeconomic Theory). Students are required to maintain a 3.0 grade point average overall in their core courses and the courses in their graduate program. Failure to meet these requirements, as well as receipt of more than one grade less than a "B-" in the core courses will be grounds for termination. In addition to theory and quantitative methods core courses, students will successfully complete ECON 569 (Research Methodology). With advisor consultation, students will select additional courses and either a thesis topic (Option A) or research paper topic (Option B) to complete a program of study consistent with their interests.
Students may choose to study special problems on an individual basis. Students desiring "Individual Problem" credit as either ECON 570, AGEC 570, ECON 580, or AGEC 580 should consult with a faculty member and agree upon a plan of study before the beginning of the semester in which the credits are to be undertaken. The Division of Graduate Education must approve all such courses, and limits the number of credits applicable toward degree requirements as: maximum of 3 credits for Option A or 6 credits for Option B.

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