Master of Science in Economics
The University of Texas at Dallas
Key Information
Campus location
Richardson, USA
Languages
English
Study format
On-Campus
Duration
2 years
Pace
Full time
Tuition fees
USD 18,276 / per semester
Application deadline
Request info
Earliest start date
May 2024
Introduction
Both industry and government have a great need for economists with advanced training. The UT Dallas MS in Economics offers excellent preparation, with an emphasis on theory and quantitative skills. Graduates leave the program with the ability to think critically and apply both 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, data analytics, forecasting, labour arbitration, regulation, and urban and regional planning. Graduates may also choose to undertake further studies in Ph.D. programs in economics, statistics, or additional studies in business or law.
Mission
The mission of the Master of Science in Economics is to provide excellent graduate-level education in economics, with an emphasis on the development of the 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 faced by firms and/or the government. Graduates of the Economics program will have an educational background that is conducive to employment in market analysis, data analysis, banking or financial institutions, insurance, consulting, corporate strategic planning, real estate, journalism, management, marketing, labour 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.
Admissions
Curriculum
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 Microeconomic Theory, ECON 3311 Intermediate Macroeconomic Theory, ECON 4351 Mathematical Economics, ECON 4355 Econometrics, and EPPS 2302 Methods of Quantitative Analysis in the Social and Policy Sciences, MATH 1325 Applied Calculus I, MATH 1326 Applied Calculus II, and MATH 2333 Matrices, Vectors, and Their Application in order to begin the program.
Degree Requirements
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 semester credit hours (four courses) of Required Core Courses (listed below), 9 semester credit hours of Economics Electives, and 15 semester credit 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.
Major Required Core Courses in Economics: 12 semester credit 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 MS, then he or she should consider taking ECON 6301 Microeconomics Theory I instead of ECON 5321 and ECON 6302 Macroeconomics Theory I instead of ECON 5322.
Economics Elective Courses: 9 semester credit hours
- Approved ECON courses numbered 5000 and above.
Other Elective Courses: 15 semester 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 MS then he or she should consider taking ECON 7301 Microeconomics Theory II and ECON 7302 Macroeconomics Theory II as electives.
Career Opportunities
Graduates of the economics program will have an educational background that is conducive to employment in banking or financial institutions, insurance, data analytics, forecasting, labour arbitration, regulation, and urban and regional planning. Graduates may also choose to undertake further studies in Ph.D. programs in economics, statistics, or additional studies in business or law.
Facilities
English Language Requirements
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