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Economics
 | Department Information |
| | M.A. in Economics |
| | Options |
| | M.A. in Economics, Option in Economics for Teachers |
| | Certificate |
| | Graduate Courses |
| Department Information |
Department of Economics
College of Business and Economics
Office: Valley Business & Technology Center, VBT 342
Phone: (510) 885-3265
| Professor Emeritus Jay L. Tontz, Ph.D. University of North Carolina Professors James C. W. Ahiakpor, Ph.D. University of Toronto (Canada) Charles W. Baird, Ph.D. University of California, Berkeley Gregory B. Christainsen, Ph.D. University of Wisconsin, Madison Leo Kahane, Ph.D. Columbia University Shyam J. Kamath, Ph.D. Simon Fraser University (Canada) Anthony K. Lima, Ph.D. Stanford University Jane E. Lopus, Ph.D. University of California, Davis Nan L. Maxwell (Chair), Ph.D. Florida State University Lynn C. Paringer, Ph.D. University of Wisconsin, Madison Stephen Shmanske, Ph.D. University of California, Los Angeles David J. St. Clair, Ph.D. University of Utah Lecturer M. David Yaar, Ph.D. Cologne University (Germany) | |||||
Please consult the 2008-2009 online catalog for any changes that may occur.
| M.A. in Economics |
Admission Requirements
To be considered for admission, students must hold a baccalaureate degree from an accredited college or university and have a grade point average of 2.75 or better over the last 90 quarter units of their undergraduate program. A student who does not meet the grade point requirements may be admitted at the discretion of the department pending receipt of other evidence of the student's academic achievement.
International students must show English proficiency by posting an official TOEFL score of 580 or above (237 on the Computer-Based TOEFL), or by posting an official transcript showing graduation with a bachelor's degree from a U.S. college or university, or an international college or university where English is the principal language of instruction, or by an official letter from the college or university certifying that English was the language of instruction.
Students enrolling in the program are expected to have completed the equivalent of MATH 1810 and ECON 4000 (mathematical economics) or a two-course sequence in calculus; STAT 1000 or 2010 or equivalent; and at least one course in intermediate micro-economics and one course in intermediate macro-economics. Students who have not completed the Economics prerequisites may enroll in the undergraduate courses to fulfill the prerequisites.
Student Learning Outcomes
Students graduating with an M.A. in Economics from Cal State East Bay will: (1) demonstrate an advanced understanding of microeconomic and macroeconomic theory; (2) be able to apply economic theory and methods at an advanced level to selected economic topics through independent research; (3) demonstrate the ability to present orally a coherent, logical economic argument grounded in economic theory; (4) demonstrate the ability to present in writing a coherent, logical economic argument grounded in economic theory and methods in writing; (5) use appropriate computer technologies to develop research problems and present written and oral economic arguments.
Graduate Student Participation in Upper Division Undergraduate Courses
The department allows graduate students to enroll in selected upper division undergraduate courses under a graduate number for graduate course credit provided undergraduate credit had not already been earned for the courses. The graduate student is responsible for attending the lecture and discussion meetings of the undergraduate course and for participation in any undergraduate assignments and testing specified by the instructor as being required of the graduate students. In addition, the graduate student must complete an added tutorial-type module involving independent reading assignments, reports, and research papers coupled with periodic, individual and/or small group meetings with the instructor. This approach to graduate student participation in undergraduate courses makes part of the greater breadth of the department's undergraduate course offerings available to the graduate students while still maintaining (1) the heavier workload, (2) the greater responsibility on the part of the student for independent learning, and (3) the higher performance expectations appropriate to graduate level instruction.
The following courses are available under the special graduate credit program described in the preceding paragraph. Graduate students may use units from these courses to satisfy the required elective units for their M.A. degree (i.e., they may have from a minimum of zero to a maximum of 8 such units in their degree program). All of the listed courses have the same course descriptions as their parallel upper division courses; have a common set of prerequisites of ECON 3005 and ECON 3000 or 3551, or consent of the instructor; and have a graduate tutorial module required. The specific content of each tutorial module is specified by the individual instructor. In order to have the units that are earned through any of the graduate/upper division courses count toward the 45 units of the M.A. degree, the graduate student must be enrolled in the course under the graduate number.
| ECON 6170 History of Economic Thought (4) ECON 6190 Market Processes: Theory and Applications (4) ECON 6306 Environmental Economics (4) ECON 6310 Money, Banking, and Financial Intermediaries (4) ECON 6375 Public Choice (4) ECON 6500 Urban Economics (4) ECON 6590 Selected Topics in Economic Analysis (4) ECON 6705 International Finance (4) | |||||
| Classification in the Program There are three levels of advancement for students within the M.A. program: "Conditionally Classified Graduate" standing, "Classified Graduate" standing, and Advancement to Candidacy. Note: If a student is in post-baccalaureate status but has not been accepted into a graduate degree program s(he) is an "Unclassified Post-baccalaureate" student. Admission to the university as an "Unclassified Post-baccalaureate" student in no way implies acceptance to a graduate degree program. | |||||
| A. | Conditionally Classified Graduate Standing | ||||
| A student who has been admitted to a graduate degree program but who has not satisfied all prerequisite coursework or other requirements such as the University Writing Skills Requirement is a "Conditionally Classified Graduate" student. A student may be admitted to a graduate degree program as a "Conditionally Classified" graduate student upon: | |||||
| 1. | submission of a written application, with required supporting documents, to the Admissions Office declaring an intent to pursue the M.A. degree in Economics; | ||||
| 2. | acceptance by the department; and | ||||
| 3. | completion of other appropriate requirements as specified in the Graduate and Post-baccalaureate Studies chapter at the beginning of the graduate section of this catalog. | ||||
| B. | Classified Graduate Standing | ||||
| A student who has been admitted to the M.A. program by meeting the requirements established in item 1 above; has fulfilled all prerequisite coursework and other requirements such as the University Writing Skills requirement; and has a strong background in economics may begin as a "Classified Graduate" student. Students admitted into the program but lacking such background will be designated as "Conditionally Classified Graduate" students until deficiencies are made up and they are recommended for "Classified Graduate" standing by the department. The student must have fulfilled the University Writing Skills requirement to become a "Classified Graduate" student. | |||||
| C. | Advancement to Candidacy | ||||
| To be Advanced to Candidacy in the M.A. program a student must: | |||||
| 1. | be a "Classified Graduate" student in good standing; | ||||
| 2. | have filed an approved program of study with the department; | ||||
| 3. | have completed at least 12 quarter units in Economics considered applicable by the department toward the M.A. degree requirements, including at least 8 quarter units of graduate level (6100-6999 series) work in residence at Cal State East Bay; and | ||||
| 4. | have been recommended for Advancement to Candidacy by the department. | ||||
| For information on transfer credit, please see the College of Business & Economics policy on transfer credit for foundation and other coursework at: http://cbegrad.csueastbay.edu. Requirements for Graduation To be eligible for the M.A. degree in economics a student must: | |||||
| A. | have been Advanced to Candidacy; | ||||
| B. | have completed 45 quarter units of graduate work as indicated in (C) below, of which: | ||||
| 1. | all must have been earned within the five years just preceding the completion of the requirements for the degree; | ||||
| 2. | not fewer than 32 must have been completed in residence; | ||||
| 3. | not fewer than 28 must have been in Economics courses in the 6100-6999 series; | ||||
| 4. | not more than 5 may have been for a thesis (ECON 6910); | ||||
| 5. | not more than 13 have been taken in "Unclassified Post-baccalaureate" status and/or for extension and/or transfer course credit, as approved by the department; | ||||
| 6. | each course must have a grade of "C" or better and all 45 units must result in at least a 3.00 GPA; | ||||
| C. | have completed a satisfactory program of study (45 units) as approved by the department and the graduate coordinator, to include: | ||||
| 1. | Required Courses (20 units) | ||||
| ECON 6101, 6102 Seminar: Micro-Economic Theory I, II (8) ECON 6105 Seminar: Macro-Economic Theory (4) ECON 6400 Seminar: Econometrics (4) MGMT 6110 Business and Economic Forecasting (4) | |||||
| 2. | Choice of one of the options listed in the "Options" section that follows (20 units) | ||||
| 3. | Choice of the following (5 units): | ||||
| a. | ECON 6896 Research Methods (5) | ||||
| b. | ECON 6910 University Thesis (5) | ||||
| 4. | Pass a two-part comprehensive exam: one in micro-economic theory and one in macro-economic theory | ||||
| 5. | Satisfy the other university requirements for graduation described in the Graduate and Postbaccalaureate Studies chapter at the beginning of the graduate section in this catalog. These include a 3.00 GPA and the University Writing Skills requirement. | ||||
| Options |
| Economic Development and Comparative Systems Option (20 units) | |||||
| ECON 6200 Seminar: Comparative Economic Systems (4) ECON 6710 Seminar: International Economic Development (4) One additional seminar from ECON 6250, 6315, 6370, 6520, 6680, 6700 (4) Two electives chosen from graduate Economics courses or approved electives from Mathematics or Statistics (8) | |||||
| Three seminars from: ECON 6200, 6250, 6315, 6370, 6520, 6680, 6700, 6710 (12) Two electives chosen from graduate Economics courses or approved electives from Mathematics or Statistics (8) | |||||
| International Economics Option (20 units) | |||||
| ECON 6700 Seminar: International Trade (4) ECON 6705 International Finance (4) Two additional seminars from ECON 6200, 6250, 6315, 6370, 6520, 6680, 6710 (8) One elective chosen from graduate Economics courses or approved electives from Mathematics or Statistics (4) | |||||
| Labor Economics Option (20 units) | |||||
| ECON 6680 Seminar: Labor Economics (4) ECON 6250 Seminar: Project Analysis (4) One additional seminar from ECON 6200, 6315, 6370, 6520, 6700, 6710 (4) Two electives chosen from graduate Economics courses or approved electives from Mathematics or Statistics (8) | |||||
| Monetary Economics Option (20 units) | |||||
| ECON 6310 Money, Banking, and Financial Intermediaries (4) ECON 6315 Seminar: Monetary Theory (4) | |||||
| Two additional seminars from: ECON 6200, 6250, 6370, 6520, 6680, 6700, 6710 (8) One elective chosen from graduate Economics courses or approved electives from Mathematics or Statistics (4) | |||||
| Public Sector Economics Option (20 units) | |||||
| ECON 6370 Seminar: Public Sector Economics (4) ECON 6375 Public Choice (4) Two additional seminars from ECON 6200, 6250, 6315, 6520, 6680, 6700, 6710 (8) One elective chosen from graduate Economics courses or approved electives from Mathematics or Statistics (4) | |||||
| Business Economics Option, (M.B.A.) An option in Business Economics is provided in the Master in Business Administration programs for students with an interest in Economics. (See the Business Administration chapter in the graduate section of this catalog.) | |||||
| M.A. in Economics, Option in Economics for Teachers |
| Prerequisites | |||||
| ECON 2301 Principles of Microeconomics or equivalent (4) ECON 2302 Principles of Macroeconomics or equivalent (4) MATH 1130 College Algebra (4) STAT 1000 Elements of Probability and Statistics (5) Teaching Credential | |||||
| Required courses (45 units) | |||||
| ECON 3000 Micro-Economic Theory (4) ECON 3005 Macro-Economic Theory (4) ECON 6899 Project (1-5) | |||||
| Thirty-two (32) units of Economics electives selected from courses 6100-level and above. | |||||
| Certificate |
| Graduate Economics Studies (45 units) | |||||
| A. | Required Courses (25 units) | ||||
| ECON 6101, 6102 Seminar: Micro-Economic Theory I, II (8) ECON 6105 Seminar: Macro-Economic Theory (4) ECON 6400 Seminar: Econometrics (4) ECON 6896 Research Methods (5) MGMT 6110 Business and Economic Forecasting (4) | |||||
| B. | Choice of one of the following groups (20 units): | ||||
| 1. | Complete a revised version of the General Economics Option (20 units) | ||||
| Three graduate seminars (12 units) in Economics chosen from the following list: ECON 6200, 6250, 6315, 6370, 6520, 6680, 6700, 6710 and two electives (8 units) chosen from graduate Economics courses or approved upper division electives in Mathematics, Statistics, or Finance. | |||||
| 2. | Complete one of the following approved options (20 units): Economic Development and Comparative Systems, International Economics, Labor Economics, Monetary Economics, or Public Sector Economics | ||||
| C. | Maintain a 3.00 overall GPA and a 2.0 GPA in the required courses listed under section "A" above and meet the University Writing Skills Requirement. | ||||
| Graduate Courses |
The course prefix for the following courses is ECON.
Students who are not graduate students in the College of Business and Economics must consult with the instructor before registering for a graduate course in Economics. (See last page of this chapter for all footnotes.)
6051 | Graduate Introduction to Economics for Managers (4) Micro-economic theories as applied to business situations to facilitate managerial decision-making relevant to the domestic and international marketplaces. Prerequisites: MATH and STAT proficiencies for the M.B.A. program. |
6101 | Seminar: Micro-Economic Theory I (4) First of two-quarter sequence: Selected topics in periodical literature in consumer behavior; price determination; and resource allocation patterns in a decentralized economy. Prerequisites: ECON 3005; ECON 3000 or 3551; and the math admission requirements for the M.A. in Economics. |
| 6102 | Seminar: Micro-Economic Theory II (4) Second of two-quarter sequence: Selected topics in periodical literature in general equilibrium; welfare theory and economic efficiency; capital theory. Prerequisite: ECON 6101. |
| 6105 | Seminar: Macro-Economic Theory (4) Review of periodical literature on inflation, employment and economic growth. Prerequisites: ECON 3005; ECON 3000 or 3551; and the math admission requirements for the M.A. in Economics. |
| 6106 | Macroeconomics for Business (4) Understanding the nature and causes of fluctuations in business cycles, employment and unemployment, the price level and inflation, interest rates, exchange rates, and the effects of fiscal and monetary policies on the business environment. Interpreting and analyzing the government's and Fed's role in the economy. May not be counted toward the M.A. in Economics degree, except for the Option in Economics for Teachers. Prerequisite: ECON 2302, with grade no lower than a "C". |
6107 | Global Economic Analysis (4) Analysis of the microeconomics and macroeconomics of global trade, growth, development, investment, foreign exchange markets, international capital movements, global competitiveness, international treaties and laws. Prerequisite: ECON 2301, with grade no lower than a "C". May not be counted toward the M.A. in Economics degree, except for the Option in Economics for Teachers. |
| 6170 | History of Economic Thought (4) The key theories and individuals in the history of economic thought including Adam Smith, David Ricardo, and Karl Marx. Prerequisites: ECON 3005; ECON 3000 or 3551; and the math admission requirements for the M.A. in Economics. |
| 6190 | Market Processes: Theory and Applications (4) Austrian School analysis of socioeconomic phenomena including: methodology of the social sciences, theory of subjective value, entrepreneurship, competition as a discovery procedure, spontaneous orders, the division of knowledge, the capital structure, and trade cycles. Historical applications used throughout. Prerequisites: ECON 3005; ECON 3000 or 3551; and the math admission requirements for the M.A. in Economics. |
| 6200 | Seminar: Comparative Economic Systems (4) Selected problems and approaches to resource allocation, income distribution, economic development, and planning in alternative economic systems. Prerequisites: ECON 3005; ECON 3000 or 3551; and the math admission requirements for the M.A. in Economics. |
| 6250 | Seminar: Project Analysis (4) Benefit-cost analysis applied to resource allocation and planning. Applications to such areas as education, manpower programs, medical care, transportation, and non-profit enterprises. Prerequisites: ECON 3005; ECON 3000 or 3551; and the math admission requirements for the M.A. in Economics. |
| 6306 | Environmental Economics (4) Readings, reports, and discussion on economic aspects of environmental problems and alternative proposed solutions: pollution, congestion, and population. Prerequisites: ECON 3005; ECON 3000 or 3551; and the math admission requirements for the M.A. in Economics. |
| 6310 | Money, Banking, and Financial Intermediaries (4) Essentials of commercial and central banking; financial intermediaries; monetary policy. Prerequisites: ECON 3005; ECON 3000 or 3551; and the math admission requirements for the M.A. in Economics. |
| 6315 | Seminar: Monetary Theory (4) Review of periodical literature on static and dynamic issues of the supply and demand for money. Prerequisites: ECON 3005; ECON 3000 or 3551; and the math admission requirements for the M.A. in Economics. |
| 6370 | Seminar: Public Sector Economics (4) Economic analysis as applied to the public sector including public finance, welfare economics, public expenditure evaluation, theories of taxation, analysis of the U.S. tax structure, public choice, and policy issues. Prerequisites: ECON 3005; ECON 3000 or 3551; and the math admission requirements for the M.A. in Economics. |
| 6375 | Public Choice (4) Economic theory applied to political institutions and decision-making within governments. Allocations under various property right systems; coalitions and voting behavior; theory of constitutions; theory of bureaucracy; political economy of income redistribution, crime, violence, discrimination, federalism, nationalism, anarchy. Prerequisites: ECON 3005; ECON 3000 or 3551; and the math admission requirements for the M.A. in Economics. |
| 6400 | Seminar: Econometrics (4) Statistical analysis of economic relationships. Regression analysis, multi-equation models and time series analysis. Prerequisites: ECON 3005; ECON 3000 or 3551; STAT 2010. |
| 6500 | Urban Economics (4) Economic analysis of the forces determining an urban area's income, employment, land use, industrial structure, and public sector. Applications to issues such as housing, central city-suburban relationships, transportation, and neighborhood economic development. Prerequisites: ECON 3005; ECON 3000 or 3551; and the math admission requirements for the M.A. in Economics. |
| 6520 | Seminar: Industrial Organization and Public Policy (4) Selected topics in industrial organization and public policy including antitrust policy. Prerequisites: ECON 3005; ECON 3000 or 3551; and the math admission requirements for the M.A. in Economics. |
| 6590 | Selected Topics in Economic Analysis (4) Application of economic analysis to past/contemporary economic issues. With department permission, may be repeated once for credit with a different instructor or different topics. Prerequisites: ECON 3005; ECON 3000 or 3551; and the math admission requirements for the M.A. in Economics. |
| 6680 | Seminar: Labor Economics (4) Theoretical and empirical analysis of labor market operations with applications to public policy. Topics include investment in human capital, wages and wage determination, labor supply, employment and unemployment.. Prerequisites: ECON 3005; ECON 3000 or 3551; and the math admission requirements for the M.A. in Economics. |
| 6700 | Seminar: International Trade (4) Selected topics in the modern theory of international trade and investment, multinational enterprise, commercial policy and international trading systems and methods. Prerequisites: ECON 3005; ECON 3000 or 3551; and the math admission requirements for the M.A. in Economics. |
| 6705 | International Finance (4) Comprehensive coverage of the organization, operation and theory of foreign exchange markets, Eurocurrency and offshore financial markets, balance of payments and international adjustment, international capital flows and different types of international monetary systems. Prerequisites: ECON 3005; ECON 3000 or 3551; and the math admission requirements for the M.A. in Economics. |
| 6710 | Seminar: International Economic Development (4) Selected topics in the theory and practice of international economic development with a focus on the nature and causes of development in specific areas and nations of the world. Prerequisites: ECON 3005; ECON 3000 or 3551; and the math admission requirements for the M.A. in Economics. |
| 6715 | International Law and Economics (4-5) Analyze the role of legal systems in supporting and supplementing economic and business activity globally, including: the role of property rights; contracts; tort law; environmental and health/safety regulation; price and entry regulation; antitrust laws; GATT law and the WTO; the regulation of import competition and unfair trade practices; cross-border mergers and acquisitions; international protection of intellectual property; advertising and ethical issues; international labor and employment discrimination law. |
| 6720 | The European Union, Its Institutions, and International Trade (4-5) An economic analysis of the institutional evolution of European legal, cultural, and political integration, and competition from eastern Europe. The leading institutions of the European Union: their tasks, procedures, and effects on business regulations, industrial policy, and international trading systems. Prerequisite: graduate standing. |
| 6725 | Money, Banking, and International Finance (4-5) A theoretical and applied analysis of international monetary policies, commercial and central banking, international capital markets, capital flows, and exchange rates determination. A comprehensive coverage of the most important international financial institutions, their structures, network operations, and socioeconomic tasks. Prerequisite: graduate standing. |
| 6751 | Managerial Economics (4) Selected topics in the socioeconomic application of intermediate micro-economic theory with an emphasis on the needs of the international business community. Prerequisite: graduate standing. |
| 6896 | Research Methods (5) Research methodologies, data analysis, and report writing. Provides students with analytic and research tools to increase their capacity to pose, answer, and critically evaluate research questions. Culminates in research project that synthesizes research methods, statistical analysis, and reporting of empirical results. Prerequisites: ECON 6101, 6105, 6400, and at least one graduate seminar in Economics and co-enrollment or completion of ECON 6102. Four hrs. lect., 2 hrs. lab. |
| 6898 | Cooperative Education (1-4) Supervised work experience in which student completes academic assignments integrated with off-campus paid or volunteer activities within the quarter enrolled. May be repeated for up to 8 units. No units may be counted toward any CBE graduate degree. Prerequisites: at least 3.0 GPA; departmental approval of activity. CR/NC grading only. (A) |
| 6899 | Project (1-5) Developing and writing of formal research projects relevant to the teaching of economics. Supervision by a member of the Economics Department faculty. May be repeated for credit up to a maximum of 5 units. Prerequisites: ECON 3000, ECON 3005, MATH 1103, STAT 1000, and acceptance into the M.A. Economics, Option in Economics for Teachers. |
| 6900 | Independent Study (1-4) |
| 6910 | University Thesis (1-6) Development and writing of a formal research paper for submission to the University in the specified bound format. Supervision by a departmental committee, at least one of whom must be a Cal State East Bay faculty member. Oral defense normally required. Prerequisites: Advancement to Candidacy and an officially appointed thesis director or committee. Maximum of 6 units per student. (See also "University Thesis Writing Guide," available in WA 859). (A) |
| 6999 | Issues in Economics (4) Readings, discussion, and research on contemporary and/or significant issues in economics. May be repeated for credit when content varies. |
| Footnotes |
| | Enrollment in this course is restricted to "Classified" and "Conditionally Classified Graduate" students. The course is a graduate program prerequisite, and its units cannot be applied to the 45 units required for any CBE graduate degree. | |
| | Enrollment in these courses is restricted to "Classified" and "Conditionally Classified Graduate" students. | |
| | Undergraduate, upper division course plus a graduate tutorial module. Not open to students who have completed the parallel-numbered undergraduate course at Cal State East Bay for credit. | |
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© 2007 The California State University
Last Updated: April 9, 2007