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Economics, Master of Arts Degree


Overview


More Information

Students who choose a Master of Economics have two options, the Master of Arts or the Master of Science.

The Master of Science is designed to provide the foundation students need to succeed in a Ph.D. program or jobs requiring intensive technical, analytical, and quantitative skills.  The Master of Science provides students with core conceptual knowledge about microeconomics, macroeconomics, and econometrics.  Students may apply these skills through their research, culminating in six credits of thesis if desired.  Alternatively, students choosing the non-thesis option may further their knowledge through additional coursework.

The Master of Arts also emphasizes technical, analytical, and quantitative skills, but provides the flexibility for students to choose a more policy-oriented or applied approach by allowing more electives.

Both programs are designed to be terminal degree programs for individuals who seek careers in applied economics, finance, banking, or law, as well as other professions that require analytical and quantitative skills. The Master of Science provides excellent preparation for those who are considering a Ph.D. in economics, finance, or related field. Applied economists are employed in both the private and public sectors, and are often involved in forecasting, market analysis, policy analysis and advisory activities.

Courses


Master of Arts Course Requirements

Specific course requirements for the master of arts in economics include:

  1. ECON 702 (Advanced Microeconomics)
  2. ECON 703 (Advanced Macroeconomics)
  3. ECON 741 (Applied Econometrics)
  4. Nine additional credits taken at the 700-level.
  5. A total of at least 24 credits of graduate-level courses, subject to graduate advisor approval.
  6. Six credits of thesis work.
  7. ECON 794, Seminar, one credit.

The master of arts degree requires a thesis which must be approved by the student’s faculty advisory/ examining committee.  Each candidate’s program of study must be approved by the student’s departmental advisor and the Director of Graduate Programs. Students must also meet all university and college requirements for the master’s degree.

Master of Science Course Requirements (Plan A: Non-Thesis Option)

Specific course requirements for the master of science in economics include:

  1. ECON 702 (Advanced Microeconomics)
  2. ECON 712 ( Microeconomics II)
  3. ECON 703 (Advanced Macroeconomics)
  4. ECON 704 (Advanced Macroeconomics II)
  5. ECON 741 (Econometrics I)
  6. ECON 742 (Econometrics II)
  7. Nine additional credits taken at the 700-level, subject to graduate advisor approval.
  8. Six additional credits taken at the 600 or 700-level, subject to graduate advisor approval.
  9. A total of at least 33 credits of graduate-level courses
  10. ECON 794 (1 credit)

Each candidate’s program of study must be approved by the student’s departmental advisor or the Director of Graduate Studies. Students must also meet all university and college requirements for the master’s degree.

Master of Science Course Requirements (Plan B:  Thesis Option)

Specific course requirements for the master of science in economics include:

  1. ECON 702 (Advanced Microeconomics)
  2. ECON 712 (Microeconomics II)
  3. ECON 703 (Advanced Macroeconomics)
  4. ECON 704 (Advanced Macroeconomics II)
  5. ECON 741 (Econometrics I)
  6. RECO 742 (Econometrics II)
  7. Six additional credits of approved graduate courses, only three of which may be taken at the 600-level
  8. Six credits of thesis work
  9. A total of at least 24 credits of graduate-level courses
  10. ECON 794 (1 credit)

The master of science degree has an optional thesis, with approval of the graduate advisor.  Six thesis credits may be counted towards the 30 required credits, and the thesis requirements are similar to those for the master of arts in economics. Each candidate’s program of study must be approved by the student’s departmental advisor and the Director of Graduate Studies. Students must also meet all university and college requirements for the master’s degree.

Searching the General Catalog

The University maintains all of its official academic information in the General Course Catalog. When visiting the General Course Catalog, users are recommended to use the search box in the upper-right area of the website. It is also helpful to narrow your search using the following options from the drop-down menu:

  • Entire Catalog: This option will perform a keyword search over all information in the catalog.
  • Courses: This option will perform a keyword search over the names and descriptions of individual courses offered by the University.
  • Programs: This option will perform a keyword search over the names and descriptions of degree programs offered by the University.
  • Hierarchy Items: This option will perform a keyword search over the names of University units, including colleges, departments and centers.

Admission


Students who choose a Master of Economics have two options, the Master of Arts or the Master of Science.  The Master of Science is designed to provide the foundation students need to succeed in a Ph.D. program or jobs requiring intensive technical, analytical, and quantitative skills.  The Master of Science provides students with core conceptual knowledge about microeconomics, macroeconomics, and econometrics.  Students may apply these skills through their research, culminating in six credits of thesis if desired.  Alternatively, students choosing the non-thesis option may further their knowledge through additional coursework.  The Master of Arts also emphasizes technical, analytical, and quantitative skills, but provides the flexibility for students to choose a more policy-oriented or applied approach by allowing more electives.

Both programs are designed to be terminal degree programs for individuals who seek careers in applied economics, finance, banking, or law, as well as other professions that require analytical and quantitative skills. The Master of Science provides excellent preparation for those who are considering a Ph.D. in economics, finance, or related field. Applied economists are employed in both the private and public sectors, and are often involved in forecasting, market analysis, policy analysis and advisory activities

Application Deadlines:

In order to be considered for the fall semester, all materials must be received by April 15th.

To be considered for Spring admission, application materials must be received by October 15th.

Application Procedure:

The Master of Science in Economics program is governed by University of Nevada, Reno Graduate School requirements. Prospective and current students are expected to become familiar with these, starting with the online materials

Application forms and a list of required application materials are found on the Graduate School web pages. These include official transcripts from all previous educational institutions and GRE scores. These materials must be returned directly to the Graduate School.

In addition to the application material required by the graduate school, applicants should also submit

1. Letters of recommendation.
2. A letter of intent describing research interests, background preparation, and experience.

Prospective students may elect to submit resumes and short examples of written work (articles published and/or working papers).

All material should be submitted online through the graduate school. Candidates seeking assistantships should indicate their preference for teaching versus research assistantships in the University's application for graduate school admission. 

Admission Criteria:

The Department of Economics advises all students enrolled in the master of arts or master of science programs majoring in economics.  Graduate students are also required to take one credit of ECON 794 in addition to the credits required below, unless this requirement is waived by the graduate advisor.  ECON 794 is a one-credit, pass/fail course that consists of a math workshop that is offered the week before classes begin.  Students also participate in a student orientation, departmental seminars, and a job-skills workshop.  All students are required to participate.

The standards for admission into the Graduate Program in Economics are:

  • A baccalaureate (or an advanced) degree from an accredited college or university, or its equivalent.
  • An overall grade-point average (GPA) of at least 2.75 or a last-half GPA of at least 3.0 on a 4.0 scale.
  • International students must have a minimum TOEFL score of 500.
  • Intermediate Microeconomics or comparable undergraduate course.
  • Intermediate Macroeconomics or comparable undergraduate course.

Applicants not meeting all of these requirements may enroll with Graduate Special status until they have completed a remedial course of study.

International Students:

For international student information, please consult the Office of International Students and Scholars.

Tuition


The tuition costs for the University of Nevada, Reno MA & MS in ECON varies for a Nevada resident. For the spring semester of 2012, the tuition costs are as follows:

Resident Tuition

  • $251.50 per credit
  • Total tuition cost based on 2012 tuition and 30 credits is $7,545.

Nonresident Tuition

$351.50 per credit PLUS

  • Part-Time (1-6 graduate credits for graduate students) - $263.50 per credit OR
  • Full-Time (7 or more credits) - $6,645.00

The per credit fee includes the $100 differential tuition charged for graduate classes in certain degree programs.

The tuition costs do not include student fees, insurance fees, parking fees, and other incidental fees. The estimated costs for textbooks and other fees is $2,733 per student (total program).

More information about tuition and fees at the University of Nevada, Reno.

The Office of Student Financial Aid and Scholarships

Information about grants, financial aid and scholarship opportunities.

Advising


Economics Advisor Contact Information:

Mark NicholsMark Nichols
Director

Ansari Business AB 318B
Tel:(775) 784-6936
tosun@unr.edu

Mehmet TosunMehmet Tosun
Chair of Economics

Ansari Business AB 318D
Tel: (775) 784-6678
tosun@unr.edu



Related Degrees and Programs

Contact College of Business

Phone (775) 784-4912
Fax (775) 784-1773
Location Ansari Business Building

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