Economics, MS

Department of Economics, College of Business Administration

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 Yap Co, PhD, Graduate Program Chair and Advisor
332R Mammel Hall (MH) 
6708 Pine Street
402.554.2805
cco@unomaha.edu

Program Website

Other Program Related Information

The 4+1 economics program provides the opportunity for eligible undergraduate UNO students to earn a master of science in economics degree in one additional year of study beyond the completion of their bachelor’s degree. Eligible students can obtain a joint bachelor of science in business administration (with a concentration in economics), bachelor of science in economics, or bachelor of arts in economics, and master of science in economics within a five-year period. Students in this program complete 12 hours of dual-level economics courses as a graduate student.

Students apply during their junior year (at least 58 credit hours earned, preferably after completing ECON 3200, ECON 3220, and BSAD 2130 or its equivalent). The minimum GPA necessary for admission to the 4+1 economics program is 3.50 (both overall GPA and economics GPA). If grades for ECON 3200, ECON 3220, or BSAD 2130 are not available when an application is made, admission decision is postponed to the end of the semester once grades for these courses are officially available.   

Admissions

Application Deadlines

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

Program-Specific Requirements

  • Unconditional admission may be granted to an applicant whose record includes:
    • Junior/senior GPA of at least 2.85 (on a 4.0 point scale)
    • 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 U.S., OR a baccalaureate or other advanced degree from a pre-determined country on the waiver list, must meet the minimum language proficiency score requirement in order to be considered for admission.

      • The minimum TOEFL score required to be admitted to the Economics Graduate Program is 80 for the internet-based test (550 for the paper-based test), or 6.5 for the IELTS test, or 53 for the PTE test.
    • Student 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: MICRO (also known as Intermediate Micro)3
      ECON 3220ECONOMIC THEORY: MACRO (also known as Intermediate Macro)3
      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 Master’s 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 Master’s 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 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 6 hours must be graduate only courses. Students are strongly encouraged to complete an area of concentration which requires 9 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
SEMINAR PUBLIC FINANCE
ENVIRONMENTAL ECONOMICS AND MANAGEMENT
ECONOMIC EDUCATION
MANAGERIAL ECONOMICS
BUSINESS CONDITIONS ANALYSIS
BUSINESS FORECASTING
TOOLS FOR DATA ANALYSIS
DATA ANALYSIS FROM SCRATCH
HEALTH ECONOMICS
SPECIAL STUDIES IN ECONOMICS
INDEPENDENT STUDY
INDEPENDENT STUDY
ECONOMIC INTERNSHIP
INDUSTRIAL ORGANIZATION
NATURAL RESOURCE ECONOMICS
ECONOMICS OF TECHNOLOGY
MONETARY THEORY AND POLICY
INTERNATIONAL TRADE
INTERNATIONAL MONETARY ECONOMICS
ECONOMICS OF ENTREPRENEURSHIP
ECONOMICS OF URBAN AND REGIONAL DEVELOPMENT
SPECIAL TOPICS IN ECONOMICS
FINANCIAL ACCOUNTING THEORY
GRADUATE TOPICS IN INCOME TAXATION
FEDERAL TAX RESEARCH AND PLANNING
ADVANCED FINANCIAL ACCOUNTING
ADVANCED FEDERAL INCOME TAXATION
ADVANCED MANAGERIAL ACCOUNTING
BUSINESS ETHICS: ACHIEVING SOCIAL RESPONSIBILITY
ENVIRONMENTAL ECONOMICS AND MANAGEMENT
BUSINESS AND INFORMATION TECHNOLOGY: CONNECTING PEOPLE AND INFORMATION
BUSINESS FORECASTING
MANAGERIAL ECONOMICS
ACCOUNTING: DECISIONS & CONSEQUENCES
ORGANIZATIONAL BEHAVIOR: ENHANCING HUMAN & ORGANIZATIONAL CAPABILITIES
ORGANIZATION THEORY & DESIGN
SEMINAR IN HUMAN RESOURCE MGMT
SEMINAR IN MANAGEMENT
GLOBAL SOURCING AND INNOVATION
MARKETING: UNDERSTANDING CONSUMERS AND MARKETS
STRATEGIC BRAND MANAGEMENT
SEMINAR IN MARKETING
SECURITY ANALYSIS
SEMINAR INVESTMENT MANAGEMENT
BANK & FINANCIAL MARKETS
MULTINATIONAL FINANCIAL MANAGEMENT
SEMINAR IN FINANCE
REAL ESTATE & LAND USE THEORY
CURRENT PROBLEMS IN REAL ESTATE AND LAND USE ECONOMICS
VALUATION OF INTELLECTURAL PRP
FINANCE: UNDERSTANDING CAPITAL AND CASH
SUPPLY CHAIN MANAGEMENT
ECONOMICS OF ENTREPRENEURSHIP
MBA CAPSTONE EXTENSION
SPECIAL TOPICS IN BUSINESS
E-MARKETING
BUSINESS DEMOGRAPHICS
RISK MANAGEMENT FOR BUSINESS MANAGERS
FINANCIAL RISK MANAGEMENT
SPECIAL TOPICS IN ECONOMICS
SEMINAR IN POLITICAL ECONOMY
POLICY DESIGN AND IMPLEMENTATION
INTRODUCTION TO ENVIRONMENTAL LAW & REGULATIONS
APPLIED DISTRIBUTION FREE STATISTICS
ELECTRONIC COMMERCE
DATA MANAGEMENT
DATA MINING: THEORY AND PRACTICE
APPLIED EXPERIMENTAL DESIGN AND ANALYSIS
INFORMATION AND DATA QUALITY MANAGEMENT
DECISION SUPPORT SYSTEMS
PARTIAL DIFFERENTIAL EQUATIONS
CALCULUS OF VARIATIONS
NUMERICAL ANALYSIS I
NUMERICAL ANALYSIS II
ADVANCED TOPICS IN OPERATIONS RESEARCH
INTRODUCTION TO PROBABILITY MODELS
TOPICS IN PROBABILITY AND STATISTICS
LINEAR ALGEBRA
INTRODUCTION TO ANALYSIS
MATHEMATICAL ANALYSIS I
MATHEMATICAL ANALYSIS II
DETERMINISTIC OPERATIONS RESEARCH MODELS
PROBABILISTIC OPERATIONS RESEARCH MODELS
INTRODUCTION TO PARTIAL DIFFERENTIAL EQUATIONS
ORDINARY DIFFERENTIAL EQUATIONS
INTRODUCTION TO TOPOLOGY
INTRODUCTION TO PROBABILITY AND STATISTICS I
INTRODUCTION TO PROBABILITY AND STATISTICS II
TOPICS IN MODELING
EXPLORATORY DATA VISUALIZATION AND QUANTIFICATION
TIME SERIES ANALYSIS
Total Credits36

Exit Requirement

Comprehensive Examination

Concentrations

Business Economics

Select three of the following:
ECON/BSAD 8020ENVIRONMENTAL ECONOMICS AND MANAGEMENT3
ECON 8210/BSAD 8100MANAGERIAL ECONOMICS3
ECON 8216INDUSTRIAL ORGANIZATION3
ECON 8230BUSINESS CONDITIONS ANALYSIS3
ECON 8310/BSAD 8080BUSINESS FORECASTING3
ECON 8346ECONOMICS OF TECHNOLOGY3
ECON 8456MONETARY THEORY AND POLICY3
ECON 8616INTERNATIONAL TRADE3
ECON 8626INTERNATIONAL MONETARY ECONOMICS3
ECON/BSAD 8736ECONOMICS OF ENTREPRENEURSHIP3
ECON 8940ECONOMIC INTERNSHIP3
Total Credits:9

Econometrics and Data Analytics

Required Courses6
ECON 8320TOOLS FOR DATA ANALYSIS3
ECON 8310/BSAD 8080BUSINESS FORECASTING3
Electives3
To be selected in consultation with the Graduate Program Chair3
ECON 8330DATA ANALYSIS FROM SCRATCH3
ISQA 8206INFORMATION AND DATA QUALITY MANAGEMENT3
ISQA 8410DATA MANAGEMENT3
MATH 8235INTRODUCTION TO ANALYSIS3
STAT 8426EXPLORATORY DATA VISUALIZATION AND QUANTIFICATION3
STAT 8446TIME SERIES ANALYSIS3
Total Credits:9

Growth and Innovation Economics

Select three of the following:
ECON 8216INDUSTRIAL ORGANIZATION3
ECON 8346ECONOMICS OF TECHNOLOGY3
ECON 8666INTERNATIONAL ECONOMIC DEVELOPMENT3
ECON/BSAD 8736ECONOMICS OF ENTREPRENEURSHIP3
BSAD 8356GLOBAL SOURCING AND INNOVATION3
Total Credits:9

International Economics

Select three of the following:
ECON 8616INTERNATIONAL TRADE3
ECON 8626INTERNATIONAL MONETARY ECONOMICS3
ECON 8666INTERNATIONAL ECONOMIC DEVELOPMENT3
BSAD 8356GLOBAL SOURCING AND INNOVATION3
BSAD 8540MULTINATIONAL FINANCIAL MANAGEMENT3
Total Credits:9

Monetary and Financial Economics

Select three of the following:
ECON 8010SEMINAR PUBLIC FINANCE3
ECON 8626INTERNATIONAL MONETARY ECONOMICS3
ECON 8456MONETARY THEORY AND POLICY3
BSAD 8530BANK & FINANCIAL MARKETS3
Total Credits:9

PhD Preparatory

Select three of the following:
ECON 8010SEMINAR PUBLIC FINANCE3
ECON/BSAD 8020ENVIRONMENTAL ECONOMICS AND MANAGEMENT3
ECON 8216INDUSTRIAL ORGANIZATION3
ECON 8310/BSAD 8080BUSINESS FORECASTING3
ECON 8346ECONOMICS OF TECHNOLOGY3
ECON 8456MONETARY THEORY AND POLICY3
ECON 8600HEALTH ECONOMICS3
ECON 8616INTERNATIONAL TRADE3
ECON 8626INTERNATIONAL MONETARY ECONOMICS3
ECON/BSAD 8736ECONOMICS OF ENTREPRENEURSHIP3
MATH 8056LINEAR ALGEBRA3
MATH 8235INTRODUCTION TO ANALYSIS3
MATH 8236MATHEMATICAL ANALYSIS I3
MATH 8746INTRODUCTION TO PROBABILITY AND STATISTICS I3
Total Credits:9

Public Policy Economics

Select three of the following:
ECON 8010SEMINAR PUBLIC FINANCE3
ECON/BSAD 8020ENVIRONMENTAL ECONOMICS AND MANAGEMENT3
ECON 8210/BSAD 8100MANAGERIAL ECONOMICS3
ECON 8216INDUSTRIAL ORGANIZATION3
ECON 8230BUSINESS CONDITIONS ANALYSIS3
ECON 8326NATURAL RESOURCE ECONOMICS3
ECON 8346ECONOMICS OF TECHNOLOGY3
ECON 8456MONETARY THEORY AND POLICY3
ECON 8600HEALTH ECONOMICS3
ECON/BSAD 8736ECONOMICS OF ENTREPRENEURSHIP3
ECON 8856ECONOMICS OF URBAN AND REGIONAL DEVELOPMENT3
PA 8300POLICY DESIGN AND IMPLEMENTATION3
Total Credits:9

Trade and Global Value Chains

Required Courses6
ECON 8616INTERNATIONAL TRADE3
BSAD 8710SUPPLY CHAIN MANAGEMENT3
Electives3
To be selected in consultation with the Graduate Program Chair
ECON 8216INDUSTRIAL ORGANIZATION3
ECON 8230BUSINESS CONDITIONS ANALYSIS3
ECON 8310/BSAD 8080BUSINESS FORECASTING3
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.