MAEcon Course Descriptions

Graduate Student Core Courses

All tracks

Econ 702. Mathematical Methods in Economics
Introduces mathematical tools that are especially useful in economics, econometrics, and finance. Includes a review of differential and integral calculus, an introduction to matrix algebra, and various constrained optimization and economic applications and modeling. 3 credit hours.

Econ 731. Applied Econometrics I
A study of regression techniques including logit / probit analysis through business, finance, and economics examples. Reviews the fundamentals of statistics and covers practical model building, data collection, use of statistical software packages, interpretation of regression results, and various diagnostic tests. 3 credit hours.

Econ 801. Macroeconomic Analysis
An in-depth examination of contemporary macroeconomic theories. Includes economic growth, short run classical and Keynesian theories of fluctuations, Real-Business-Cycle theory, open economy models, inflation and monetary policy. 3 credit hours.

Econ 802. Microeconomic Analysis
An analysis of the consumer, the firm, and competitive and noncompetitive markets using mathematical models. 3 credit hours.

Or

Econ 804. Managerial Economics
A survey of theoretical and analytical tools of economics that are useful in decision making by managers. 3 credit hours. (This option not available under Economic Analysis)

Econ 803. Analysis of Business Conditions & Forecasting
An intensive study of research methodologies and forecasting for real life business decision-making. Covers formulation of research questions, specification of models, collection of time series and survey data, applications of forecasting techniques, and interpretation and communication of the results. 3 credit hours.

Tracks
In all tracks at least 70 percent of credit hours must be at the 700 / 800 level.

Economic Analysis Track

In addition to the core, a student must take either: Five additional courses in Economics or related areas and a 3 hour-research project (18 credit hours) OR Four additional courses in Economics or related areas and 3 hours of thesis (15 credit hours).

Financial Economics Track

Fin 850. Managerial Finance
Provides knowledge and tools to make informed investment and financing decision. Includes capital markets, advanced capital budgeting, decision making under uncertainty, asset pricing models, contingent claims models, capital structure, dividend policy, mergers, restructuring and corporate control, and exchange rate systems and international finance. 3 credit hours.

Econ 740. Monetary Problems and Policy
An examination of historical and contemporary monetary issues in the context of the global economy. 3 credit hours.

Three additional courses in Economics or Finance and a 3 hour research project (12 credit hours)

Or

Two additional courses in Economics or Finance and 3 hours of thesis (9 credit hours)

International Economics Track

Econ 672. International Economics and Business
A survey of the economic foundations of international trade, finance, and investment. Includes foreign exchange markets, regional integration, trade theories and instruments, U.S trade policies and treaties, multinational companies, immigration, as well as differences in cultural, political, and economic systems. Includes current events. 3 credit hours.

Econ 674. International Finance. Cross-listed as Fin 625
A study of the international financial and monetary system, emphasizing currency markets. Examines market instruments and techniques, including synthetic and derivative securities and their application to management of currency risk in international trade and finance. 3 credit hours.

Econ 870. International Finance and Investment. Cross listed as Fin 820
A case study of the contemporary and business related issues of international finance and investment. Includes foreign exchange markets, European integration, international trade organizations and monetary systems, and emerging markets. 3 credit hours.

Two additional economics / international related courses (e.g. International Management) and a 3-hour research project (9 credit hours)

Or

One additional economics / international course and 3 hours of thesis (6 credit hours)