The Curriculum

MA in Economics


While the curriculum of the newly offered two year MA program, MA in Economics, is similar to that of our current MA program, MA in International Development, it is designed more for equipping students with modern economics tools and techniques rather than emphasizing more on development issues. Thus, the curriculum focuses on more economics related courses as requirements of it in comparison with the curriculum of the MA in International Development.


The First Year Curriculum

The first-year curriculum introduces the preparatory and core required courses that provide students with tools, concepts, and theories in international development. The program’s core courses are among the best in the world when compared to core courses in other Master’s-level professional programs. These courses expose students to cutting edge knowledge in development economics and related fields, thus helping them to analyze public policy issues within an inclusive and coherent theoretical framework. 

Students begin preparations for a Master’s Thesis (or a Research Report)  toward the end of the first-year . Before the spring term of the first year, all students will have decided on their research topic and will have chosen an academic supervisor. In addition, students with their supervisor’s guidance will have the opportunity to enroll in elective courses that will help them explore their research topic. 

All required courses are designed to be taken in the first year so that the second year can be more devoted to effectively taking applied and thus advanced courses as well as completing the MA thesis (or the research report) as indicated in the following table:


FIRST-YEAR CURRICULUM
FALL termWINTER termSPRING term
Economic
Concepts
and Theories
Microeconomics I: Price Theory
Macroeconomics I: Income Theory
Microeconomics II: Strategic Behavior and Information Analysis
Macroeconomics II: Business Cycle and Growth Theory
Analytical and
Computing
Skills
Mathematics for Economics
and Management
Statistical Methods
Econometrics
Thesis
Supervising
Advanced Seminar I
Core Elective CoursesCore Elective CoursesCore Elective Courses
Elective CoursesElective CoursesElective Courses
Language CoursesLanguage CoursesLanguage Courses

The Second Year Curriculum

The second-year curriculum consists of disciplinary/analytical and country/regional elective courses. Practical and policy-oriented second-year courses strive to expand the theoretical knowledge and analytical capabilities developed from the first year in order to facilitate problem-identification and problem-solving in the international development arena. 

In the second-year curriculum, each student has to write her/his own Master’s Thesis (or Research Report) while participating in advanced seminar sessions with their academic supervisors. Defending her/his Master’s Thesis (or Research Report) is the most demanding component of the program. It gives students an opportunity to analyze their research topic in depth by integrating tools, methods, concepts, and theories that they have acquired in the entire two-year program as well as the skills and knowledge base that each student had developed in his or her previous professional and academic careers.