Master of Science

Degree Requirements

Requirements for the 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 David Just's section, 615-IND 17281)) 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 field of study outside the 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 AEM 4110: Introduction to Econometrics; students should also enroll in AEM 6120: Applied Econometrics, a 1-credit class that complements AEM 4110.

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
AEM 6400: Analysis of Agricultural Markets
AEM 6510: Environmental and Resource Economics
AEM 6420: Globalization, Food Security and Nutrition
AEM 6550: Electric Systems and Engineering

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 6400	AEM 6510
AEM 6420
AEM 6550	Summer
Select Chair of Special Committee	Begin Thesis research
Year 2
Fall Semester	Spring Semester
AEM 7000	AEM 7000
AEM 8900	AEM 8900
Elective	Final thesis examination

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