This program prepares students for positions as economists in the private, public and non-profit sectors, as well as for academic positions. The department offers a balanced graduate program that combines studies in economic theory, quantitative methods, and specialized fields. There are four fields of concentration: development economics, financial economics, international economics, and monetary economics. Course work required for each field is available in the department office. Graduate economics courses are scheduled in the late afternoon to accommodate both full-time and part-time students.
The monetary and financial economics specialization includes studies in portfolio selection, risk management, asset pricing, financial markets and corporate finance. The finance courses offer current professionals an opportunity to build upon practical experience through financial modeling, improved quantitative skills and practical readings. Individuals without experience in the financial area receive the training which is necessary to analyze financial decisions made by firms as well as valuation decisions made by investors.
The international economics specialization trains students in applying economic/analytical tools to business and public policy problems that arise through foreign trade, investment, development assistance, and capital flows. Courses examine the dramatic changes that are occurring in the world economy, including such matters as the growth of multinational enterprise, new exchange rate practices accelerated global inflation, altered development prospects, and new conflicts between the forces of interdependence and national sovereignty. This option is structured particularly for students who plan to pursue careers in multinational business, international banking, or international public administration.
The development economics specialization provides students with the training to evaluate economic policy, analyze country risk, and aid in human development. The emphasis of the development field is upon the responsible use of economic analysis to promote increased growth and greater economic equality.Current literature and case studies are used throughout. This option prepares students for careers in the development field in the business, government and non-profit sectors.