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.