PhD and MA Programs in Economics
The MA program provides a background in economic theory, quantitative methods and applied areas of study suitable for students who are either planning a career in business or government or those students who intend to continue on to the PhD program. The MA program is offered on a full-time basis and has been designed so that students can complete the degree in three semesters.
MA Program Options
1. MA All-Course Option
Nine (9) courses (core courses plus five elective ECON graduate courses).
Students who study under the All-Course option are required to write a final exam (ECON 997) on core subjects, after completing their coursework. This normally occurs during the final examination period of the students’ third semester in the program.
Details are found under MA All-Course Exam.
Suggested One-Year MA Program
Students will be able to complete the MA program in one calendar year by the following pattern of courses:
- ECON 798 Mathematical Economics
- ECON 802 Microeconomic Theory I
- ECON 835 Econometrics
- One elective course
- ECON 807 Macroeconomic Theory and Policy
- ECON 836 Applied Econometrics
- One elective course
- Three elective courses
- ECON 997 (MA Exam)
The MA Course Option is the one that should normally be selected. But there are three other options, which usually require a 3.50 CGPA after the Spring term. You should consult with the Graduate Chair before selecting among these:
2. MA Project Option
Eight (8) courses (core courses plus four elective ECON graduate courses) and a research project (ECON 999) .
A project normally will be a graduate course term paper extended in a quality dimension. A first class term paper may be acceptable without any further work (other than the university-wide format and typing requirements). A first class term paper will normally be acceptable with only moderate extension in quality. There is no requirement for quantitative extension, and no minimum acceptable length.
3. MA Extended Essays Option
Seven (7) courses (core courses plus three elective ECON graduate courses) and two extended essays (ECON 998) .
Extended essays normally will be graduate course term papers, extended in a quality dimension. A first class term paper may be acceptable without any further work (other than the university-wide format and typing requirements). A first class term paper will normally be acceptable with only moderate extension in quality. There is no requirement for quantitative extension, and no minimum acceptable length.
4. MA Thesis
Seven (7) courses (core courses plus three elective ECON graduate courses) and an original thesis (ECON 991) .
An MA thesis consists of the results of original research. It may be developed from a term paper submitted in a graduate course. Unlike the MA project or extended essays, a thesis normally requires a literature survey establishing the originality of the research. It also requires a comprehensive justification for the results presented. There is no minimal acceptable length.
Elective course work
The remaining courses beyond those designated as core work will be ECON graduate courses or, with permission of the graduate program chair, courses in graduate business administration and other subjects.
MA Satisfactory Progress Guidelines. To remain in good academic standing, MA students are required to make “satisfactory progress” according to the guidelines defined in this document. Students who fail to make satisfactory progress will normally be required to withdraw from the graduate program.
Supervision of research
MA students completing a project, extended essays, or thesis must choose a senior supervisor as soon as possible and notify the Graduate Program Secretary no later than the end of the enrollment period in their third semester of this option . A formal defense of research under the supervision of at least two faculty members is required. Please see the Faculty Profiles for faculty fields of research.
Research and oral examination
Under the thesis, extended essays, or project option, research papers must meet the standards set out in the Graduate General Regulations 1.9 - 1.11. An oral examination of the research is required and should follow the "best practices for the conduct of a thesis defence" recommeded by the Dean of Graduate Studies.