Program Structure

  • There are five core courses that every student takes: two-coruse sequences in microeconomics and in economics, and one course in macroeconomics.  
  • Every student also chooses five courses from any of the electives that are offered during the time of study.
  • Finally, an applied or research project is required, which most students complete in the form of a class (alternatively, it can be a thesis).
  • 5 Core + 5 Electives + 1 Project = 11 Courses


Core: each core course is offered once a year.

  • 6101 Microeconomic Theory I Consumer/producer theory, prices, markets
  • 6102 Microeconomic Theory II Game theory, information economics
  • 6105 Macroeconomic Theory Growth, business cycles, fiscal/monetary policy
  • 6400 Econometrics Statistics, regression analysis
  • 6511 Advanced Applied Econometrics Instrumental variables, binary choice, time series

Electives: five electives are offered per year. These can change from year to year, but have recently included the following:

  • 6210 Market Design Market-based solutions to business and policy problems, such as auctions and matching
  • 6225 Corporate Governance & Entrepreneurship Incentive systems, corporate/venture finance
  • 6250 Project Analysis Methods for evaluating project proposals, efficient resource allocation
  • 6315 Monetary Theory Money, interest/exchange rates, financial system
  • 6370 Public Sector Economics Joint decision making, voting, public finance and policy issues
  • 6501 Urban & Regional Economics Cities, local economies, industry clusters
  • 6520 Industrial Organization & Public Policy Imperfect competition, antitrust policy
  • 6555 Economics of Innovation & Intellectual Property R&D, patents, technology diffusion
  • 6680 Labor Economics Determination of employment, human capital accumulation, and wages
  • 6710 International Economic Development Development outcomes and causes.
  • 6999 Issues in Economics Selected contemporary topics

Project: the project course is offered once a year. Alternatively, a thesis can be arranged with faculty on an individual basis.

  • 6896 Research Methods Statistical analysis, paper/report writing

Further Graduation Requirements

  • Maintain a 3.0 GPA.
  • Pass a non-technical comprehensive exam that tests your ability to explain and apply economic reasoning to decision making.
  • Satisfy the University Writing Requirement (usually through a university-administered test)