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, with full-time load being four courses per semester. The program includes six 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 a student has previously completed equivalent course work at Mills or another college, up to ten 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. There are two prerequisite courses for the MAE Program: Introductory Calculus and Introductory Statistics. To earn the MAE, you must take at least 24 credits (approximately eight courses) while enrolled at Mills as a graduate student. One of the courses is the master's thesis/project. For every ECON course that you take as a graduate student, sign up for 3 credits as opposed to 4 credits wherever you have that choice.

Foundation Courses
16-23 semester course credits
CS 080K/ECON 263Python Computer Programming 4
DATA 150/ECON 266Introduction to Data Analysis4
ECON 100Microeconomic Theory3-4
ECON 101Macroeconomic Theory3
ECON 164Econometrics and Business Forecasting3-4
ECON 180JMathematics for Economics1
or MATH 049 Multivariable Calculus
Quantitative and Analytical Skill Development
12-13 semester course credits
ECON 149/249Strategic Behavior3
ECON 165/265Applied Econometrics3
ECON 182/282Modeling and Data Analysis4
MATH 108Mathematical Modeling3-4
or ECON 275 Mathematical Modeling in Economics

Electives & Concentrations

Select a total of six elective courses (18-24 credits) 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

CS 124Data Structures and Algorithms4
CS 186Web Programming4
CS 214Programming Languages4
CS 241Machine Learning4
MATH 102Probability and Statistics4
MATH 104Differential Equations4
MATH 141Real Analysis I4
MATH 142Real Analysis II4

International Economics Concentration

ECON 155International Trade3
ECON 158International Finance3
PPOL 132Theories of International Relations3
PPOL 142African Politics3-4

 Industry and Government Concentration

ECON 130The Economics of Poverty, Inequality, and Discrimination3
ECON 134Public Sector Economics: The Economics of Government3
ECON 136Managerial Economics3-4
ECON 139Urban Economics3
ECON 140
ECON 141Economics of Education3
PPOL 227Local and Community Policy Making, Planning, and Management3
PPOL 241Law and Public Policy3

 Environment Concentration

BIO 125Principles of Ecology 4
BIO 149Conservation Biology4
ECON 140
ECON 153Environmental Economics3
ENVS 101VSustaining Food Systems & the Environment4
ENVS 107Climate Change3
PPOL 150/235Environmental Policy Analysis3

 Finance Concentration

ECON 113Money and Financial Institutions3
ECON 116Corporate Finance3-4
ECON 118Financial Derivatives3
ECON 155International Trade3
ECON 158International Finance3

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