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SCHOOL OF BUSINESS ADMINISTRATION – GRADUATE
www.bus.miami.edu
The Department of Economics offers the Master of Arts and Doctor
of Philosophy degrees. Applicants for admission to graduate study
in Economics should have an extensive background in Economic Theory
and Quantitative methods.
Master of Arts
The Master of Arts program may serve as a terminal degree for
students preparing for careers in business, government, international
agencies, or teaching, or as the first phase of a prospective doctoral
program. The program of study, which consists of thirty credits, is
structured as follows:
A. All Master of Arts students must take the following core that
consists of the following courses:
1. a 500-level mathematical economics course (ECO 510)
2. a 500-level
econometrics course (ECO 520)
3. a 500-level macroeconomics course
(ECO 521)
4. a 500-level microeconomics course (ECO 533)
5. a 600-level
macroeconomics course (ECO 621)
6. a 600-level microeconomics
course (ECO 633)
7. a 500 level mathematics course (MTH 512)
8. 600 level econometrics
(ECO 620)
B. Additional requirements are as follows:
1. two courses in an area of specialization in a major economic
discipline (e.g., international trade) or two related disciplines
(e.g., health
economics and labor economics)
2. comprehensive examinations
over the core and area of specialization
C. Furthermore, all applicants must submit their scores on the GRE,
hold a baccalaureate degree from an institution of recognized standing,
and have demonstrated, by their undergraduate record, capability of
completing an M.A. program. In addition, foreign students are required
to score 550 on the Test of English as a Foreign Language.
Doctor of Philosophy
The Ph.D. program prepares the recipient for a variety of career
opportunities, including university teaching, federal, state, and
local government employment, and a host of employment opportunities
in the private sector. The Ph.D. program, which consists of a total
of sixty credits, is structured as follows:
A. All Doctor of Philosophy students must take the core that consists
of the following courses:
1. 500-level mathematical economics courses (ECO 512)
2. a 500-level
macroeconomics course (ECO 521)
3. a 500-level microeconomics
course (ECO 533)
4. a 500-level econometrics course (ECO 520).
5. two 600-level
econometrics courses (ECO 620, 625)
6. A 500 level mathematics
(MTH 533)
7. three 600-level microeconomics courses (ECO 633,
634, and 635)
8. two 600-level macroeconomics/monetary theory
courses (ECO 621, 603)
B. Two fields of specialization are required. A field is comprised
of two courses. These two fields are selected from the following areas
of concentration:
1. ECO 603, 604
2. international trade
(ECO 661, 760)
3. human resource economics (ECO 511, 586, 611)
4. cognate areas
with departmental approval
C. One elective must be taken. Elective courses may be selected
from the graduate offerings of the Mathematics, Computer Information
Systems,
Management Science, and Finance departments.
D. Additional Requirements:
1. comprehensive examinations covering the core and the one field
of specialization
2. a doctoral dissertation for 12 credit hours.
E. To be considered
for admission, all applicants must
1. score a minimum of 1100 on the Graduate Record Examination
general tests (combined verbal and quantitative scores),
2. hold
a baccalaureate degree from an institution of recognized
standing,
3. submit two copies of their official undergraduate transcript,
4. have demonstrated, by their undergraduate record, capability of
completing a Ph.D. program.
5. In addition, foreign students are required to score a minimum
of 550 on the Test of English as a Foreign Language.
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