The challenging global economy requires highly trained individuals who possess the knowledge and the skills in economic policy making and, participate effectively in helping decision-makers choose sound economic policies that strike a good balance between cyclical economic recovery and long-run economic growth.
This exciting course-based program provides students with graduate-level knowledge and skills related to applications of economic theory in policy-making, bridging the gap between theory and practice.
The program is comprised of four distinct parts delivered over 16 consecutive months:
- six core courses;
- series of specialized electives;
- courses in both management and business communications; and,
- policy project.
Alumni are able to find positions in industry, government, think tanks, and international organizations. There is a dramatic technological change within this industry. This program specifically equip graduates with the skills and knowledge that successfully enable them to be highly competitive in the current labour market.
Key Learning outcomes:
Describe, critically appraise, and apply advanced concepts in economics
Choose the appropriate models and mathematical techniques to propose solutions to economic problems
Formulate and conduct empirical tests of theoretical economic models using standard data
Model and analyze the impacts of economic policies on consumers and society
03-41-601: Applied Microeconomics
03-41-602: Applied Macroeconomics
03-41-603: Mathematics for Applied Economics
03-41-604: Applied Econometrics 1
03-41-605: Applied Econometrics 2
03-41-606: Business Communication
03-41-607: Research Project in Economics Policy and Seminar
and TWO of the following: (based on course availability)
03-41-373: International Economics: Trade
03-41-374: International Economics: Finance
03-41-416: Urban and Regional Economics
03-41-420: Industrial Organization Theory
03-41-430: Economics Analysis of Law
03-41-460: Cost-Benefit Analysis
03-41-486: Public Sector Economics: Finance
and TWO of the Following:
03-41-510: International Economics
03-41-550: Monetary Theory and Policy
03-41-580: Models of Strategic Behavior
03-41-594 Special Studies in Economics
and TWO of the Following: (Offered by the Master of Management Program)
04-78-611: Accounting Concepts and Techniques
04-78-612: Finance in a Global Perspective
04-78-631: International Business
04-78-636: International Financial Reporting
04-78-637. International Financial Management
04-78-655: Domestic Transportation and International Shipping
Note the following:
To improve communication skills, students will be required to complete a course in Business Communication (offered by CEPE) with short modules spread throughout the program.
These modules are:
Term 1: Learning strategies in North American universities
Term 2: Norms of class participation, giving and receiving criticism graciously and productively
Term 3: Working in a team, including dealing with personality differences
Term 4: Training in using Linked-In
Students will be required to complete a policy project to fulfill the requirements of Research Project in Economic Policy. Topics would normally be of applied nature. Students would work on group projects involving statistical analysis and make group presentations.
Please note that the Master of Applied Economics and Policy program is a course-based program, that has no research or thesis component.