Curriculum

Curriculum

The Master of Science in Applied Economics and Data Analytics (MS-AEDA) blends economic theory with hands-on data analytics, empowering you to excel in various data-driven careers. Designed to focus on practical application and real-world problem-solving, this flexible online program develops your quantitative expertise, critical thinking, and technical abilities grounded in core economic principles. In addition to the core curriculum (16 credits), students must complete 20 credits of elective courses (some of which could be taken in person) and 9 credits of research or internships to complete a minimum of 45 credits.

Core Curriculum: 16 credits

  • EC 515 Applied Microeconomic Analysis (4 credits)
  • EC 569 Applied Econometrics (4 credits)
  • EC 570 Econometrics (4 credits)
  • EC 590 Advanced Macroeconomics (4 credits)

Elective Courses: 20 credits

  • List of elective courses from the Department of Economics
    • EC 517  Women in the Economy (4 credits)
    • EC 518 Economics Department Seminar (1 credit)
    • EC 520  Money and Banking (4 credits)
    • EC 522  Economics of Sustainability: Theory and Practice (4 credits)
    • EC 527  Cost-Benefit Analysis (4 credits)
    • EC 530  Resource and Environmental Economics (4 credits)
    • EC 531  Urban Economics (4 credits) 
    • EC 535  Public Spending and Debt Policy (4 credits) 
    • EC 538  Energy Economics (4 credits)
    • EC 541  International Monetary Theory and Policy (4 credits) 
    • EC 550  Economics of Development (4 credits)
    • EC 572 Time Series Analysis and Forecasts (4 credits)
    • EC 576 Implementing Econometrics using Stata and R (4 credits)
       
  • List of elective courses from other departments
    • FIN 551 Managerial Finance (4 credits)
    • PHL 574 Philosophy of Logic (4 credits)
    • PHL 524 Epistemology (4 credits)
    • SYSC 513 Holistic Strategies for Problem Solving (4 credits)
    • SYSC 514 System Dynamics (4 credits) 
    • SYSC 525 Agent-Based Simulation (4 credits)
    • SYSC 535 Modeling & Simulation with R & Python (4 credits)
       
  • List of elective courses from other departments regularly offered in person
    • FIN 515 Economics and Sustainability of the Firm (2 credits)
    • FIN 516 Managerial Macroeconomics (2 credits)
    • SYSC 518 System Sustainability and Organizational Resilience (4 credits)
    • USP 515 Economics: Applications in Urban Studies (4 credits)
    • USP 517 Urban Economic Development Policy (3 credits)
    • USP 551 Community Economic Development (3 credits)
    • USP 572 Regional Economic Development (3 credits)
       

Research, Reading and Conference: 9 credits

  • EC 505 Reading and Conference (3 credits)
  • EC 506 Special Projects (6 credits)
     

Sample Program of Study - 12 months

Fall TermCreditsWinter TermCreditsSpring TermCreditsSummer TermCredits
EC 515: Applied Microeconomic Analysis

4

EC 569: Applied Econometrics

4

EC 570: Econometrics

4

EC 506: Special Projects

6

EC 590: Advanced Macroeconomics

4

Elective 2

4

Elective 4

4

n/a

n/a

Elective 1

4

Elective 3

4

Elective 5

4

n/a

n/a

EC 505/EC 518

1

EC 505/EC 518

1

EC 505/EC 518

1

n/a

n/a

Total credits: 45
Total courses: 13

Sample Program of Study - 18 months

Year 1

Fall TermCreditsWinter TermCreditsSpring TermCreditsSummer TermCredits
EC 515: Applied Microeconomic Analysis

4

EC 569: Applied Econometrics

4

EC 570: Econometrics

4

EC 506: Special Projects

4

EC 590: Advanced Macroeconomics

4

none

n/a

Elective 1

4

none

n/a

EC 505/518

1

EC 505/518

1

none

n/a

none

n/a

Year 2

Fall TermCreditsWinter TermCredits
Elective 2

4

Elective 4

4

Elective 3

4

Elective 5

4

EC 505/518

1

none

n/a

No Spring or Summer Term courses

Total credits: 45
Total courses: 13

Note: Part-time students can complete the MS-AEDA program in as little as 18 months based on elective choices

Visit the Bulletin for course details