Campuses:
This is archival data. This system was retired as of August 21, 2023 and the information on this page has not been updated since then. For current information, visit catalogs.umn.edu.
Twin Cities Campus
Applied Economics M.S.Applied Economics
College of Food, Agricultural and Natural Resource Sciences
Link to a list of faculty for this program.
Contact Information
Department of Applied Economics Graduate Program, 231 Ruttan Hall, 1994 Buford Avenue, Saint Paul, MN 55108-6040 (612-625-3777; fax: 612-625-6245)
Email:
apecdgs@umn.edu
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.
The MS degree in applied economics prepares students for employment opportunities in the public and private sectors and for further graduate study. This rigorous but flexible program includes core coursework in economic theory and quantitative methods, and offers opportunities for specialized coursework and research in all the fields of study offered by the program.
Program Delivery
Prerequisites for Admission
The preferred undergraduate GPA for admittance to the program
is 3.00.
Other requirements to be completed before admission:
The following coursework is considered the minimum preparation for the MS program: micro and macroeconomic theory at the intermediate undergraduate level, statistics, two semesters of calculus, and introductory linear algebra. Additional coursework in economics, statistics, and math is highly desirable and recommended, especially for students who intend to apply for the doctoral program after completion of the MS degree.
Special Application Requirements:
Applicants must submit scores from the General Test of the GRE, three letters of recommendation from persons familiar with the applicant's scholarship and research potential, a complete set of college or university transcripts, and a clearly written statement of academic and career interests, goals, and objectives, and a diversity statement. For complete application instructions, visit the website: https://www.apec.umn.edu/graduate-program/admissions. Students should apply by the December 10 deadline to ensure priority consideration for admissions and funding.
Applicants must submit their test score(s) from the following:
International applicants must submit score(s) from one of the following tests:
The preferred English language test is Test of English as Foreign Language.
Key to test
abbreviations
(GRE, TOEFL, IELTS, MELAB).
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
20
major credits,
0
credits outside the major,
and
10
thesis credits.
The final exam is oral.
Plan B: Plan B requires
30
major credits and
0
credits outside the major.
The final exam is oral.
A capstone project is required.
Capstone Project:The Plan B project demonstrates familiarity with the theoretical and empirical tools of economics. Completed in consultation with the advisor, the project requires 4 to 6 credits of APEC 8793.
This program may be completed with a minor.
Use of 4xxx courses towards program requirements is not permitted.
A minimum GPA of 3.00
is required for students to remain in good standing.
Coursework offered on both the A/F and S/N grading basis must be taken A/F.
Required Coursework (11 to 14 credits)
Econometrics (3 to 4 credits)
Select APEC 5031 (3 credits) or APEC 8211 and APEC 8212 (4 credits total) in consultation with the advisor.
APEC 5031 - Methods of Economic Data Analysis
(3.0 cr)
Macroeconomic Theory (3 to 4 credits)
Select APEC 5152 or APEC 5032 (3 credits), or ECON 8105 and ECON 8106 (4 credits total) in consultation with the advisor.
APEC 5152 {Inactive}
(3.0 cr)
or
APEC 5032 - Economic Data Analysis for Managerial and Policy Decisions
(3.0 cr)
Microeconomics Theory (3 to 4 credits)
Select APEC 5151 (3 credits) or APEC 8001 and APEC 8002 (4 credits total) in consultation with the advisor.
APEC 5151 - Applied Microeconomics: Firm and Household
(3.0 cr)
Electives (9 to 13 credits)
Plan A students select at least 9 credits, and Plan B students select at least 13 credits from the following, in consultation with the advisor. At least 3 credits must be APEC, ECON, or STAT courses. STAT 5021 cannot be applied to this requirement.
APEC 5xxx
APEC 8xxx
ECON 5xxx
ECON 8xxx
STAT 5xxx
STAT 8xxx
Plan Options
Plan A
-OR-
Plan B
Plan B Project (4 to 6 credits)
Take 4 to 6 credits in consultation with the advisor.
APEC 8793 - Master's Paper: Plan B Project
(1.0-6.0 cr)
Joint- or Dual-degree Coursework:
MS-Applied Economics/MBA
Students may take a total of 18 credits in common
among the academic programs.
|
|
Credits: | 3.0 [max 3.0] |
Typically offered: | Every Fall |
Credits: | 2.0 [max 4.0] |
Typically offered: | Every Fall |
Credits: | 2.0 [max 4.0] |
Typically offered: | Every Fall |
Credits: | 3.0 [max 3.0] |
Typically offered: | Every Spring |
Credits: | 2.0 [max 2.0] |
Typically offered: | Every Fall |
Credits: | 2.0 [max 2.0] |
Typically offered: | Every Fall |
Credits: | 3.0 [max 3.0] |
Typically offered: | Every Fall |
Credits: | 2.0 [max 2.0] |
Course Equivalencies: | ApEc 8001/Econ 8001/Econ 8101 |
Grading Basis: | A-F or Aud |
Typically offered: | Every Fall |
Credits: | 2.0 [max 2.0] |
Course Equivalencies: | ApEc 8002/Econ 8002/Econ 8102 |
Grading Basis: | A-F or Aud |
Typically offered: | Every Fall |
Credits: | 1.0 [max 1.0] |
Grading Basis: | S-N or Aud |
Typically offered: | Every Fall |
Credits: | 1.0 [max 1.0] |
Grading Basis: | S-N or Aud |
Typically offered: | Every Fall & Spring |
Credits: | 1.0 -18.0 [max 50.0] |
Grading Basis: | No Grade |
Typically offered: | Every Fall, Spring & Summer |
Credits: | 1.0 -6.0 [max 6.0] |
Grading Basis: | S-N or Aud |
Typically offered: | Every Fall, Spring & Summer |