Master's Program in Economics
Economics is defined as the science that studies the ways in which individuals, firms and societies, confronted with unlimited aims and desires, allocate their scarce resources to fulfill these competing ends. In that sense, economics covers a wide range of topics, ranging from utility and profit maximization of individuals and firms, to markets and domestic and international issues and problems. The M.A. Program in Economics is for students who would like to further their understanding of economics and/or specialize in certain areas of economic analysis. It is tailored for students with different educational backgrounds and professional objectives. Students can specialize in public finance, monetary economics and international finance and trade by taking the various courses offered by the department.
Vision and Mission
The PhD Program in Economics is designed for students who wish to specialize in traditional economic analysis, such as international economics, public finance, monetary economics, financial economics. The aim of the program is to provide students with the analytical and technical skills that will enable them to make the right decisions when they are in decision-making positions, whether they intend to work in the public or private sector. Students may have an undergraduate and/or graduate degree in economics, or they may have an undergraduate and/or graduate degree in a non-economics field, provided that they prepare themselves for the PhD program by taking some additional courses. After taking the first and second parts of Advanced Microeconomics, Macroeconomics and Econometric Analysis courses in the first year, students complete the course part of the program by taking three more elective courses in the fields they are interested in or want to specialize in the third semester. After completing the courses and successfully passing the written and oral proficiency exams, students proceed to the thesis writing phase. The aim of the thesis is to produce an original work that has the potential to contribute to the science of economics and/or the solution of economic problems. Students who successfully complete and defend their thesis graduate with the title of 'doctor of economics'.