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MS in Five-Year BA in Economics/MS-Applied Economics (71-72 credits)

Program Student Learning Outcomes

  • Understand the measurement and determination of aggregate prices and employment, money and banking process, fiscal policy, monetary policy, and economic growth.
  • Understand forces behind economic decision-making, marginal analysis, consumer and producer behavior in markets, price and output under different market structures, input markets, and policy analysis.
  • Understand core areas of microeconomics and macroeconomics. Introductory understanding of the theoretical principles of microeconomics and macroeconomics.
  • Understand the application of economic models to real-world problems.
  • Understand econometrics and/or forecasting and application of these techniques to a capstone research study.
  • Become familiar with the many competing goals societies face. Students will learn that diversity exists regarding the values people place on alternative goals, and the tradeoffs that exist when public policy attempts to further these goals.
  • Understand the application of economic principles such as cost-benefit analysis to contemporary local, national and global public-policy issues in the students’ elective coursework.
  • Learn the professional expectations of the discipline, as well as incorporating the skills of related disciplines contributing to economic knowledge.
  • Able to combine economic models with statistical tools to conduct empirical analyses.
  • Students will have an understanding of human behavior, market behavior, and the behavior of the aggregate economy with the ability to apply this set of tools in various market opportunities, pursue graduate work in economics, and pursue graduate work in related disciplines.

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