Master in Applied Economics
The Master in Applied Economics Program is a part-time program designed for corporate planners and professionals employed in financial institutions. The student will be rigorously trained in the practical applications of theories, the use of research methods and forecasting. Participants will also be exposed to various theories, models, methodologies and tools that will enhance them in the field of monetary and financial economics. The program will provide the student with a comprehensive view and sharpen his/her ability to analyze the complex structure of the current financial system.
Basic/Core | 12 |
Major Courses | 12 |
Cognates | 12 |
_____ | |
TOTAL | 36 units |
COURSE DESCRIPTION
BASIC COURSES
Mathematical Economics 3 units
The application of mathematics to problems in economics, including different types of functions, differential and integral calculus, matrix algebra, input-output analysis, game theory, comparative statistics and dynamics.
Economic Statistics 3 units
A study of the foundations of statistics, probability theory and distributions, hypothesis testing, estimation, and introduction to regression techniques. These statistical methods will be applied in economic analysis.
Microeconomics 1: Consumer & Firm Theory 3 units
A study of theory of consumer behavior and the firm, market structure, general equilibrium, and welfare economics. Implications on resource allocation of changes in prices, quantities, and policies on resource allocation are explored.
Macroeconomics 1 3 units
A study of income determination and the dynamics of income changes. Emphasis is given to the dynamics of investment, aggregate consumption, government spending, and the trading and monetary sectors. Theories that explain macroeconomic problems and different policy options are among the topics also included in the subject.
MAJOR COURSES
Microeconomics 2 3 units
A study of theory of welfare economics and market failure, economics of information/principal-agent problem and the economics of organization and management.
Macroeconomics 2 3 units
A study of aggregate demand and aggregate supply, macroeconomics of the labor market, growth theory and open macroeconomics with emphasis on macroeconomic problems and policy options available.
Research Method 1 3 units
A study of the techniques of economic research, using applied econometrics.
Research Method 2 3 units
A study of the techniques of economic research, using time series econometrics.
COGNATES
Money and Banking 3 units
A study of money and the national economy. This course includes discussion of monetarism, fiscal versus monetary influences, commercial banking and its creation, and principles of bank management.
Financial Economics 3 units
Introduces the underlying theories and development of individual corporate valuation.
International Economics and Finance 3 units
A study of various theories in international trade of commodities and international movement of capital. Implications to economic development, individual welfare and international business operations are considered.
Portfolio Theory & Investment Analysis 3 units
A study on the different strategies in managing portfolio in the market.
FINAL REQUIREMENT
Written Comprehensive Exam (WCE)
Students will be able to take the WCE after the completion of all academic requirements.