Twin Cities campus
 
Twin Cities Campus

Economics M.A.

Economics
College of Liberal Arts
Link to a list of faculty for this program.
Contact Information
Department of Economics, 4-101 Hanson Hall, 1925 4th Street South, Minneapolis MN 55455 (612-625-6833; fax: 612-624-0209)
  • Program Type: Master's
  • Requirements for this program are current for Fall 2017
  • Length of program in credits: 32
  • This program does not require summer semesters for timely completion.
  • Degree: Master of Arts
Along with the program-specific requirements listed below, please read the General Information section of this website for requirements that apply to all major fields.
Note: Students are admitted only for the PhD in economics; the MA is an optional part of the PhD program. The economics graduate program offers degree work in both theoretical and applied fields of economics. It is possible to pursue thesis research in microeconomic or macroeconomic theory. In addition, the following fields of specialization are offered: econometrics, economic growth and development, financial economics, game theory, industrial organization, international economics, labor economics, mathematical economics, monetary economics, and public economics.
Program Delivery
  • via classroom (the majority of instruction is face-to-face)
Prerequisites for Admission
For an online application or for more information about graduate education admissions, see the General Information section of this website.
Program Requirements
Plan A: Plan A requires 16 major credits, 6 credits outside the major, and 10 thesis credits. The final exam is oral.
Plan B: Plan B requires 26 major credits and 6 credits outside the major. The final exam is written. A capstone project is required.
Capstone Project:Two Plan B projects consisting of research papers or literature reviews are required; the PhD written preliminary exams required in two fields outside of economic theory ("field exams") may be used to satisfy either or both of the Plan B projects. Because the standards used to judge whether a preliminary exam has satisfied the requirement for the MA are less rigorous than those for the PhD, students may qualify for the master's Plan B without having satisfied all requirements for the PhD written preliminary exams.
This program may be completed with a minor.
Use of 4xxx courses toward program requirements is permitted under certain conditions with adviser approval.
A minimum GPA of 3.20 is required for students to remain in good standing.
Required Core Courses
Take the following courses for 16 credits:
ECON 8101 - Microeconomic Theory (2.0 cr)
ECON 8102 - Microeconomic Theory (2.0 cr)
ECON 8103 - Microeconomic Theory (2.0 cr)
ECON 8104 - Microeconomic Theory (2.0 cr)
ECON 8105 - Macroeconomic Theory (2.0 cr)
ECON 8106 - Macroeconomic Theory (2.0 cr)
ECON 8107 - Macroeconomic Theory (2.0 cr)
ECON 8108 - Macroeconomic Theory (2.0 cr)
Outside Coursework
Take at least 6 credits outside the major. Courses are selected in consultation with the director of graduate studies.
Plan Options
Plan A
Thesis Credits
Take 10 or more credit(s) from the following:
· ECON 8777 - Thesis Credits: Master's (1.0-18.0 cr)
-OR-
Plan B
Economics Electives
Choose courses in consultation with the director of graduate studies.
Take 10 or more credit(s) from the following:
· ECON 5xxx
· ECON 8xxx
 
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ECON 8101 - Microeconomic Theory
Credits: 2.0 [max 2.0]
Typically offered: Every Fall
Decision problems faced by the household and firm; theories of choice under conditions of certainty and uncertainty. Partial equilibrium analysis of competition and monopoly. General equilibrium analysis. Welfare economics: economic efficiency of alternative market structures, social welfare functions. Dynamics: stability of markets, capital theory. Seven-week course. prereq: 5151 or equiv, Math 2243 or equiv, concurrent registration is required (or allowed) in Math 5615 or concurrent registration in Math 8601, grad econ major or instr consent
ECON 8102 - Microeconomic Theory
Credits: 2.0 [max 2.0]
Typically offered: Every Fall
Decision problems faced by the household and firm; theories of choice under conditions of certainty and uncertainty. Partial equilibrium analysis of competition and monopoly. General equilibrium analysis. Welfare economics: economic efficiency of alternative market structures, social welfare functions. Dynamics: stability of markets, capital theory. Seven-week course. prereq: 8101, concurrent registration is required (or allowed) in Math 5615 or concurrent registration is required (or allowed) in Math 8601, grad econ major or instr consent
ECON 8103 - Microeconomic Theory
Credits: 2.0 [max 2.0]
Typically offered: Every Spring
Decision problems faced by the household and firm; theories of choice under conditions of certainty and uncertainty. Partial equilibrium analysis of competition and monopoly. General equilibrium analysis. Welfare economics: economic efficiency of alternative market structures, social welfare functions. Dynamics: stability of markets, capital theory. Seven-week course. prereq: 8102, concurrent registration is required (or allowed) in Math 5616 or concurrent registration is required (or allowed) in Math 8602 or comparable abstract math course, grad econ major or instr consent
ECON 8104 - Microeconomic Theory
Credits: 2.0 [max 2.0]
Typically offered: Every Spring
Decision problems faced by the household and firm; theories of choice under conditions of certainty and uncertainty. Partial equilibrium analysis of competition and monopoly. General equilibrium analysis. Welfare economics: economic efficiency of alternative market structures, social welfare functions. Dynamics: stability of markets, capital theory. Seven-week course. prereq: 8103, concurrent registration is required (or allowed) in Math 5616 or concurrent registration is required (or allowed) in Math 8602 or comparable abstract math course, grad econ major or instr consent
ECON 8105 - Macroeconomic Theory
Credits: 2.0 [max 2.0]
Typically offered: Every Fall
Dynamic general equilibrium models: solving for paths of interest rates, consumption, investment, prices. Models with uncertainty, search, matching, indivisibilities, private information. Implications for measurement and data reporting. Overlapping generations and dynasty models. Variational and recursive methods. This seven-week course meets with 4165. prereq: 5152 or equiv, Math 2243, Math 2263 or equiv or instr consent
ECON 8106 - Macroeconomic Theory
Credits: 2.0 [max 2.0]
Typically offered: Every Fall
Dynamic general equilibrium models: solving for paths of interest rates, consumption, investment, prices. Models with uncertainty, search, matching, indivisibilities, private information. Implications for measurement and data reporting. Overlapping generations and dynasty models. Variational and recursive methods. This seven-week course meets with 4166. prereq: 8105
ECON 8107 - Macroeconomic Theory
Credits: 2.0 [max 2.0]
Typically offered: Every Spring
Dynamic general equilibrium models: solving for paths of interest rates, consumption, investment, prices. Models with uncertainty, search, matching, indivisibilities, private information. Implications for measurement and data reporting. Overlapping generations and dynasty models. Variational and recursive methods. This seven-week course meets with 4167. prereq: 8106
ECON 8108 - Macroeconomic Theory
Credits: 2.0 [max 2.0]
Typically offered: Every Spring
Dynamic general equilibrium models: solving for paths of interest rates, consumption, investment, prices. Models with uncertainty, search, matching, indivisibilities, private information. Implications for measurement and data reporting. Overlapping generations and dynasty models. Variational and recursive methods. This seven-week course meets with 4168. prereq: 8107
ECON 8777 - Thesis Credits: Master's
Credits: 1.0 -18.0 [max 50.0]
Grading Basis: No Grade
Typically offered: Every Fall, Spring & Summer
(No description) prereq: Max 18 cr per semester or summer; 10 cr total required [Plan A only]