Economics, MS

Vision Statement

The science of economics creates a deep understanding of individual behavior, firm dynamics, markets, and some of the world's most interesting and challenging problems. Economics is a way of thinking that provides generalized tools to the practitioner to solve business, social, political, and many other issues faced by the modern organization.

The graduate program in economics is designed to provide a solid background in theory, quantitative methods and application appropriate to the needs of economists involved in the analysis of domestic and international business and economic conditions, financial analysis, policy analysis, forecasting, simulation and related work. In addition, the program prepares students for further graduate work in economics and related fields.

Program Contact Information

Catherine Co, PhD, Graduate Program Chair and Advisor
402.554.2805
cco@unomaha.edu

Program Website

Other Program Related Information

FastTrack Program

The Department of Economics has developed a Fast Track program for highly qualified and motivated students providing the opportunity to complete a bachelor’s degree and a master’s degree in an accelerated time frame. With Fast Track, students may count up to 9 graduate hours toward the completion of their undergraduate program as well as the graduate degree program.

Program Specifics:

  • This program is available for undergraduate students pursuing Bachelor of Science in Business Administration (with a concentration in Economics), Bachelor of Science in Economics, or Bachelor of Arts in Economics, desiring to pursue a Master of Science in Economics.
  • Students must have completed no less than 60 undergraduate hours.
  • Students must have a minimum undergraduate GPA of 3.5.
  • Students must complete the Fast Track Approval form and obtain all signatures and submit to the Office of Graduate Studies prior to first enrollment in a graduate course.
  • Students will work with their undergraduate advisor to register for the graduate courses.
  • A minimum cumulative GPA of 3.0 is required for graduate coursework to remain in good standing.
  • Students remain undergraduates until they meet all the requirements for the undergraduate degree and are eligible for all rights and privileges granted undergraduate status including financial aid.
  • Near the end of the undergraduate program, formal application to the graduate program is required. The application fee will be waived, the applicant will need to contact the Office of Graduate Studies for a fee waiver code.
    • Admission to Fast Track does NOT guarantee admission to the graduate program. 
    • The admit term must be after the completion term of the undergraduate degree.

Students in the Fast Track program must only enroll in dual-level ECON courses (ECON 8xx6) as their graduate coursework prior to admittance to the graduate program.

Admissions

General Application Requirements and Admission Criteria

Program-Specific Requirements

Application Deadlines (Spring 2025, Summer 2025, and Fall 2025)

Students are strongly encouraged to apply as early as possible, especially if applying for assistantships or scholarships.

  • Fall Admission:
    June 1 for international applicants who are required to secure a new student visa
    July 15 for all other applicants
  • Spring Admission:
    October 1 for international applicants who are required to secure a new student visa
    December 1 for all other applicants
  • Summer Admission:
    March 1 for international applicants who are required to secure a new student visa
    April 15 for all other applicants

Other Requirements

  • Junior/senior GPA of at least 2.85 (on a 4.0 point scale)
  • English Language Proficiency: Applicants are required to have a command of oral and written English. Those who do not hold a baccalaureate or other advanced degree from the United States, OR a baccalaureate or other advanced degree from a predetermined country on the waiver list, must meet the minimum language proficiency score requirement in order to be considered for admission.
    • Internet-based TOEFL: 80, IELTS: 6.5, PTE: 53, Duolingo: 110
  • Applicants must have completed courses equivalent to the following five foundation courses (UNO undergraduate courses):
ECON 2200PRINCIPLES OF ECONOMICS (MICRO)3
ECON 2220PRINCIPLES OF ECONOMICS (MACRO)3
ECON 3200ECONOMIC THEORY: MICRO3
ECON 3220ECONOMIC THEORY: MACRO3
BSAD 2130PRINCIPLES OF BUSINESS STATISTICS3
  • Applicants meeting the minimum GPA and language requirement but lacking some foundation courses will be granted provisional admission status until all foundation courses are completed with grades of “B” (3.0/4.0) or above.
  • New economics graduate students will be admitted only to the MS economics program (non-thesis option). After completing nine (9) hours of coursework in the MS in economics program, a student may submit a written request to the economics graduate program committee to transfer from the MS program to the MA (thesis option) program. Students are strongly encouraged to seek the advice of the economics graduate program advisor prior to submitting the written request. The student’s request should include a thesis proposal written in consultation with a student-identified main thesis advisor (must be a tenure-track faculty in the economics department) who will serve as the chair of the thesis committee. In addition, the student should include an unofficial graduate transcript, a writing sample, and any other relevant information in the request. The graduate program committee, based on its evaluation of the student’s potential to complete a quality master’s thesis, will approve or deny this request. Upon transfer to the MA program, an oral defense of the proposal will be scheduled, and the thesis committee members will approve the scope of work.  If the graduate program committee denies the student’s request to transfer to the MA program, the student may submit a second (and final) written request to transfer to the MA program with supporting materials to the graduate program committee after he/she has completed 18 credit hours of coursework in the MS in economics program.

Degree Requirements

Required Core Courses
ECON 8290RESEARCH METHODS IN ECONOMICS AND BUSINESS3
ECON 8306QUANTITATIVE APPLICATIONS IN ECONOMICS AND BUSINESS 13
ECON 8200SEMINAR IN MICRO ECONOMIC THEORY3
ECON 8220SEMINAR IN MACRO THEORY3
ECON 8300ECONOMETRICS3
Electives and Concentrations
Elective coursework will be selected in consultation with the graduate program chair and advisor. At least six hours must be graduate only courses. Students are strongly encouraged to complete an area of concentration which requires nine hours of elective courses. Students’ area(s) of concentration will appear on the transcript. Dual-level ("8--6") course(s) completed as an undergraduate cannot be repeated for graduate credit.21-24
ECONOMIC EDUCATION
MONEY AND FINANCIAL INSTITUTIONS
APPLIED MANAGERIAL ECONOMICS
BUSINESS FORECASTING
TOOLS FOR DATA ANALYSIS
DATA ANALYSIS FROM SCRATCH
SPECIAL STUDIES IN ECONOMICS
INDEPENDENT STUDY
ECONOMIC INTERNSHIP
INDUSTRIAL ORGANIZATION
LABOR ECONOMICS
BUSINESS INTELLIGENCE AND REPORTING
NATURAL RESOURCE ECONOMICS
ENVIRONMENTAL ECONOMICS AND SUSTAINABILITY
ECONOMIC CONDITIONS ANALYSIS
INTERNATIONAL TRADE
INTERNATIONAL ECONOMIC DEVELOPMENT
ECONOMICS OF URBAN AND REGIONAL DEVELOPMENT
BUSINESS AND INFORMATION TECHNOLOGY: CONNECTING PEOPLE AND INFORMATION
ACCOUNTING: DECISIONS & CONSEQUENCES
ORGANIZATIONAL BEHAVIOR: ENHANCING HUMAN & ORGANIZATIONAL CAPABILITIES
ORGANIZATION THEORY & DESIGN
SECURITY ANALYSIS
MULTINATIONAL FINANCIAL MANAGEMENT
REAL ESTATE APPRAISAL
FINANCE: UNDERSTANDING CAPITAL AND CASH
SUPPLY CHAIN MANAGEMENT
STRATEGIC FINANCIAL MANAGEMENT
PROJECT MANAGEMENT
GLOBAL SOURCING AND INNOVATION
SUPPLY CHAIN ANALYTICS
INDUSTRIAL PURCHASING AND LOGISTICS MANAGEMENT
POLICY DESIGN AND IMPLEMENTATION
INTRODUCTION TO ENVIRONMENTAL LAW & REGULATIONS
APPLIED DISTRIBUTION FREE STATISTICS
DATA MANAGEMENT
DATA MINING: THEORY AND PRACTICE
APPLIED EXPERIMENTAL DESIGN AND ANALYSIS
INFORMATION AND DATA QUALITY MANAGEMENT
LINEAR ALGEBRA
INTRODUCTION TO ANALYSIS
ORDINARY DIFFERENTIAL EQUATIONS
INTRODUCTION TO PROBABILITY AND STATISTICS I
Total Credits36
1

ECON 8306: This course is not required for students demonstrating satisfactory mathematical skills. If this course is not taken, students should take three additional hours of elective courses.

Exit Requirement

Comprehensive Examination

Concentrations

Business Economics Concentration

Select three of the following:
ECON 8080MONEY AND FINANCIAL INSTITUTIONS3
ECON 8210/BSAD 8100APPLIED MANAGERIAL ECONOMICS3
ECON 8216INDUSTRIAL ORGANIZATION3
ECON 8246LABOR ECONOMICS3
ECON 8310/BSAD 8080BUSINESS FORECASTING3
ECON 8336ENVIRONMENTAL ECONOMICS AND SUSTAINABILITY3
ECON 8576ECONOMIC CONDITIONS ANALYSIS3
ECON 8616INTERNATIONAL TRADE3
ECON 8940ECONOMIC INTERNSHIP3
Total Credits:9

Econometrics and Data Analytics Concentration

Required Courses
ECON 8320TOOLS FOR DATA ANALYSIS3
ECON 8310/BSAD 8080BUSINESS FORECASTING3
ECON 8330DATA ANALYSIS FROM SCRATCH3
Total Credits:9

Growth, Development, and Sustainability Concentration

Select three of the following:
ECON 8216INDUSTRIAL ORGANIZATION3
ECON 8336ENVIRONMENTAL ECONOMICS AND SUSTAINABILITY3
ECON 8616INTERNATIONAL TRADE3
ECON 8666INTERNATIONAL ECONOMIC DEVELOPMENT3
ECON 8856ECONOMICS OF URBAN AND REGIONAL DEVELOPMENT3
Total Credits:9

International Economics Concentration

Select three of the following:
ECON 8616INTERNATIONAL TRADE3
ECON 8626INTERNATIONAL MONETARY THEORY3
ECON 8666INTERNATIONAL ECONOMIC DEVELOPMENT3
BSAD 8356GLOBAL SOURCING AND INNOVATION3
BSAD 8540MULTINATIONAL FINANCIAL MANAGEMENT3
Total Credits:9

Monetary and Financial Economics Concentration

Required Course
ECON 8080MONEY AND FINANCIAL INSTITUTIONS3
Select six hours from the following:
ECON 8310BUSINESS FORECASTING3
BSAD 8510SECURITY ANALYSIS3
BSAD 8540MULTINATIONAL FINANCIAL MANAGEMENT3
Total Credits:9

PhD Preparatory Concentration

Select three of the following:
ECON 8080MONEY AND FINANCIAL INSTITUTIONS3
ECON 8216INDUSTRIAL ORGANIZATION3
ECON 8310/BSAD 8080BUSINESS FORECASTING3
ECON 8326NATURAL RESOURCE ECONOMICS3
ECON 8616INTERNATIONAL TRADE3
MATH 8056LINEAR ALGEBRA3
MATH 8235INTRODUCTION TO ANALYSIS3
MATH 8356ORDINARY DIFFERENTIAL EQUATIONS3
MATH 8746INTRODUCTION TO PROBABILITY AND STATISTICS I3
Total Credits:9

Public Policy Economics Concentration

Select three of the following:
ECON 8080MONEY AND FINANCIAL INSTITUTIONS3
ECON 8210/BSAD 8100APPLIED MANAGERIAL ECONOMICS3
ECON 8216INDUSTRIAL ORGANIZATION3
ECON 8246LABOR ECONOMICS3
ECON 8326NATURAL RESOURCE ECONOMICS3
ECON 8336ENVIRONMENTAL ECONOMICS AND SUSTAINABILITY3
ECON 8576ECONOMIC CONDITIONS ANALYSIS3
ECON 8666INTERNATIONAL ECONOMIC DEVELOPMENT3
PA 8300POLICY DESIGN AND IMPLEMENTATION3
Total Credits:9

International Trade and Global Value Chains Concentration

Required Courses6
ECON 8616INTERNATIONAL TRADE3
BSAD 8710SUPPLY CHAIN MANAGEMENT3
Electives3
To be selected in consultation with the Graduate Program Chair
ECON 8216INDUSTRIAL ORGANIZATION3
ECON 8310/BSAD 8080BUSINESS FORECASTING3
ECON 8666INTERNATIONAL ECONOMIC DEVELOPMENT3
ECON 8856ECONOMICS OF URBAN AND REGIONAL DEVELOPMENT3
BSAD 8356GLOBAL SOURCING AND INNOVATION3
Total Credits:9

Students dismissed from the MS/MA Economics program may request for reinstatement to the program by following this procedure.  Write a reinstatement letter addressed to the economics graduate program committee and hand delivered to the economics graduate program advisor as soon as possible addressing the following points at the minimum: 

1. Request for reinstatement;

2. Explanations for below par performance;

3. Arguments for why despite item #2 student be reinstated back into the program;

4. Describe activities student will do to ensure that performance moving forward will meet the quality of work standards set by Graduate Studies. 

The economics graduate program committee will evaluate the student’s request and inform the student of its decision as soon as practically possible.