GRADUATE PROGRAM
Master of Science
Degree Requirements
Requirements for the master of science (M.S.) in the graduate field of Applied Economics and Management:
- 2 registration units (2 full-time semesters of course study, a minimum of 9 credit hours each semester)
- In the first two years of an M.S. degree program, students are required to attend departmental seminars, which are held once a month during the academic year; students must register each semester for AEM 7000 (under Professor Calum Turvey's section, 637-IND 2052) for one credit hour and S/U grade
- Master's thesis
- Final oral examination
Each M.S. student must declare a major and one minor subject/concentration. The minor subject/concentration may be from a graduate field of study outside the graduate field of Applied Economics and Management.
Please note: The requirements listed above are general requirements of the graduate field of Applied Economics and Management. This is not a comprehensive list of the requirements for this graduate field. Students should check with their Special Committee chair for additional course requirements, and students should also check with the Director of Graduate Studies and the Graduate Field Assistant for additional requirements of the Graduate School. The complete list of Graduate School requirements is available in the Graduate Code of Legislation that can be found on the Graduate School web site.
Suggested Courses 
Theory
AEM 6080: Production Economics is highly recommended. If a student is deficient in intermediate micro- and macroeconomic theory, then ECON 3130 and ECON 3140 should be taken either before or concurrent with AEM 6080.
AEM 6700: Economics of Consumer Demand provides additional training beyond the intermediate level.
Quantitative Methods
Students with no previous statistics should take BTRY 6010: Statistical Methods I.
Linear regression is taught in AEM 7100: Econometrics I. M.S. students often take as a first course in econometrics ECON 3210: Applied Econometrics; students should also enroll in AEM 6120: Applied Econometrics I, a 1-credit class that complements ECON 3210.
Linear programming and other advanced topics in mathematical programming are covered in AEM 7120: Quantitative Methods I or AEM 4120: Computational Methods for Management and Economics.
Policy
AEM 6300: Policy Analysis: Welfare Theory, Agriculture, and Trade is recommended.
Electives
Other courses are selected that meet the student's career objectives. Elective courses commonly taken by M.S. students include:
AEM 6320: Open Economy Analysis: Theory and Applications
AEM 6420: Globalization, Food Safety, and Nutrition
AEM 6510: Environmental and Resource Economics
Example of a M.S. Program of Study
| Year 1 | |
|---|---|
| Fall Semester | Spring Semester |
| AEM 6080 | AEM 7000: Seminar |
| AEM 4110 + AEM 6120 | AEM 7100 |
| AEM 6700 | Electives, such as: |
| AEM 7000: Seminar | AEM 6300 |
| Electives, such as: | AEM 6320 |
| AEM 6420 | AEM 6510 |
| Select Chair of Special Committee | |
| Summer | |
| Begin thesis research | |
| Year 2 | |
| Fall Semester | Spring Semester |
| AEM 7000 | AEM 7000 |
| AEM 8900 | AEM 8900 |
| Elective | Final thesis examination |