Master of Applied Economics

The MA in applied economics (MAE) can be earned with two to five semesters of additional course work beyond the BA degree. Students may enroll full time or part time; the full-time load is four courses per semester. The program includes nine foundation courses, four courses in quantitative and analytical skill development, six elective courses (which can be selected to achieve up to two concentration areas) and a master’s thesis/project.

If you previously completed equivalent course work at Mills or another college, up to twelve courses may be applied towards the MA in applied economics degree, reducing the time needed to graduate. Program faculty will review transcripts submitted with your application to determine which courses can be transferred. You must take at least eight courses while enrolled at Mills as a graduate student and complete the master’s thesis/project. For every ECON course that you take as a graduate student, please sign up for 3 credits rather than 4 credits.

Foundation Courses
34-36 semester course credits
CS 063Introduction to Computer Science 4
CS 064Computer Concepts and Intermediate Programming4
or MATH 004 Discrete Mathematics I
ECON 081Introduction to Statistics3
ECON 100Microeconomic Theory3-4
ECON 101Macroeconomic Theory3
ECON 164Econometrics and Business Forecasting3-4
MATH 047
Calculus I
and Calculus I Workshop
MATH 048
Calculus II
and Calculus II Workshop
MATH 049Multivariable Calculus4
Quantitative and Analytical Skill Development
12-13 semester course credits
ECON 149/249Strategic Behavior3
ECON 165/265Applied Econometrics3
ECON 182/282Modeling and Data Analysis3
MATH 108Mathematical Modeling4
or ECON 275

Electives & Concentrations

Select a total of six elective courses from the following list, which is organized by concentration areas. Though not required, a student may earn a concentration by completing any three courses in a concentration area. 1

Quantitative Methods Concentration

Data Structures and Algorithms
Web Programming
Data Visualization
Introduction to Data Analysis
Linear Algebra
Probability and Statistics
Linear Optimization 2
Linear Optimization
Real Analysis I
Real Analysis II

International Economics Concentration

International Trade
International Finance
Economic Development
Theories of International Relations

 Industry and Government Concentration

The Economics of Poverty, Inequality, and Discrimination
Public Sector Economics: The Economics of Government
Managerial Economics
Urban Economics
Local and Community Policy Making, Planning, and Management

 Environment Concentration

General Biology II with Lab
Principles of Ecology
Environmental Economics
Climate Change
Environmental Policy Analysis

 Finance Concentration

Money and Financial Institutions
Corporate Finance
Financial Derivatives
International Trade
International Finance

Masters Thesis/Project
All applied economics students must complete ECON 250 Thesis for Masters in Applied Economics while enrolled as a graduate student.