Master of Science(MS) in Economics at UIU is designed to equip students to pursue higher studies in Economics in any North American or equivalent universities. A conscious emphasis is given in teaching applied economics courses to help our graduates meet the challenges of designing and evaluating policies. This blend is unique in
and will help in grooming our graduates for policy level jobs.
ELIGIBILITY FOR ADMISSION
Students seeking admission in the MS in economics program must meet the following criteria:
1.Have a bachelor degree in Economics or have completed the following undergraduate courses from a reputed university:
Microeconomics, macroeconomics, mathematical economics, statistics for economists, econometrics, and at least 6 credits of 300/400 level courses in economics.
2.Must pass the university admission test.
(a)A minimum CGPA of 2.50
(b)Completion of 27 credits(30 credits for thesis group)
COURSE /CREDIT REQUIREMENTS AND PROGRAM DURATION
MS in Economics is a 27 credit(30 credits for thesis group) program with option for a research monograph or an MS Thesis at the end. Ideally it should take one year to complete the course requirements plus one semester to complete the thesis/research monograph.
COMPONENTS OF THE PROGRAM
There are three components of the program :
Core Course (4 x 3 = 12 credits)
Elective Economics Courses (4 x 3 = 12 credits)
Thesis(1x 6= 6 credits)/ Research Paper (1 x 3= 3 credits)*
*Students opting for Research Paper shall have to do 5 elective economics courses instead of 4.
DETAILED COURSE STRUCTURE
1.Advanced Microeconomic (ECO 501)
2.Advanced Macroeconomic (ECO 502)
3.Econometrics I (ECO 572)
4.Advanced Development Economics(ECO 550)
Elective Economics Courses[Choose any four]
Energy Economics and Policy(ECO 512)
Urban Economics(ECO 540)
Industrial Organization(ECO 610)
Economics of Agriculture(ECO 615)
Macroeconomics and Risk Management(ECO 605
Economics of Natural resources(ECO 620)
Public Finance(ECO 625
Behavioral And Institutional Economics (ECO 627)
Labor Economics I(ECO 650)
Labor Economics II(ECO 651)
Economics of Technology(ECO 660)
Financial Economics I(ECO 670)
Financial Economics II(ECO 671)
Advanced Econometrics(ECO 672)
Time Series Econometrics(ECO 673)
International Finance(ECO 677)
International Economics(ECO 680)
International Economic Analysis(ECO 681)
Computational Methods in Economics(ECO 682)
International Trade I(ECO 683)
International Trade II(ECO 684)
Seminar in Economics(ECO 688)
Research Paper(ECO 795)
Each candidate is required to complete a thesis/research paper using real-life data in the area of concentration/interest and under the guidance of at least two faculty members, one of whom is designated as the Principal Advisor.