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Applied Economics

Link to a list of faculty for this program.

Contact Information—Applied Economics Graduate Program, University of Minnesota, 231 Classroom-Office Building, 1994 Buford Avenue, Saint Paul, MN 55108 (612-625-3777, apecdgs@umn.edu, www.apecgrad.umn.edu/)

Along with the program-specific requirements listed below, please read the General Information section of this catalog for Graduate School requirements that apply to all major fields.

Curriculum—Graduate study requires an operational knowledge of economic theory and modern methods of quantitative analysis as well as practical application in specialized fields of inquiry, which include consumer behavior and household economics; health economics; labor economics; policy analysis; production and marketing economics; resource and environmental economics; and trade and development economics.

Prerequisites for Admission—A GPA of 3.00 in an undergraduate program and in graduate level work is preferred. Applicants without a master's degree are, except in a few special cases, considered only for admission to the M.S. program. The following coursework is considered the minimum preparation for admission to the M.S. program: intermediate-level microeconomic and macroeconomic theory, statistics, calculus, and linear algebra. Applicants to the Ph.D. program should also have completed courses in microeconomic and macroeconomic theory at the master's level. Students lacking background in economics or quantitative methods may be required to complete deficiencies before being accepted into the program.

Special Application Requirements—GRE scores are required for all students, domestic and foreign. Applicants should provide evidence of superior scholarship, professional experience, and general aptitude for graduate study. Students are admitted any semester but should keep in mind that most assistantships are allocated by the end of February for the following fall semester. Applicants seeking fellowships should submit all application materials by December 15.

Key to test abbreviations (GRE, TOEFL, GMAT, MELAB).

mouse image For an online application or for more information about Graduate School admissions, see the General Information section in this catalog, or visit the Graduate School Web site.

Courses—Refer to Applied Economics (APEC) in the course section of this catalog or in Twin Cities Courses on the University Catalog Web site for courses pertaining to the program.

Use of 4xxx Courses—
Use of 4xxx courses toward degree requirements is not permitted.

M.S. Degree Requirements

The M.S. prepares students for employment opportunities in the public and private sector and for further graduate study. M.S. students are required to complete graduate level courses in microeconomic theory, macroeconomic theory, and econometrics or statistics, or to have completed equivalent courses prior to entry into the program. Students are also required to participate in a 1 credit M.S. seminar. Both Plan A and B require at least 30 credits, of which at least 14 credits must be in the major field and at least 6 credits must be in a related field or minor. The major field must include a minimum of 9 credits in applied economics (excluding thesis and special topics, independent study, and the M.S. seminar). Plan A requires 10 thesis credits. Plan B requires a 4- to 6-credit project. A preferred minimum GPA of 3.00 in program courses is preferred for graduation.

Language Requirements—None.

Final Exam—The final exam is oral.

Minor Requirements for Students Majoring in Other Fields—M.S. students must complete at least 9 credits of 5xxx or 8xxx courses in applied economics. Courses for the minor are approved by the director of graduate studies in the applied economics graduate program. All courses in the minor must be taken A-F and completed with a GPA of 3.00 or higher.

Ph.D. Degree Requirements

The Ph.D. degree program in applied economics prepares students for research, teaching, and extension positions, and for research and administrative posts in public and private sector organizations. This rigorous program includes core coursework in economic theory, quantitative methods, and two fields of specialization selected from the following: consumer behavior and household economics; health economics; labor economics; policy analysis; production and marketing economics; trade and development economics; and resource and environment economics.

Applicants for the Ph.D. degree should have completed an M.S. degree in economics, applied economics, agricultural economics, or a related field. Prior training should include micro- and macro-economic theory at the master's level, calculus and linear algebra, and mathematical statistics. Students lacking background in economics or quantitative methods may be required to complete additional coursework before entering the program.

All students must complete a set of core courses in micro and macro theory, econometrics, and welfare economics totaling 23 credits. They must also complete two additional "methods" courses and the Ph.D. seminar.
All Ph.D. students must include a "supporting field" or a "minor" program of 12 to 18 credits.

Courses in economic theory, applied econometrics, welfare economics, and applied economic methods are to be completed on the A-F grade basis. At least two-thirds of the credits included on any Ph.D. degree program must be taken under the A-F grading system, and it is preferred that students maintain a 3.00 GPA in the program.

Written preliminary examinations for the Ph.D. degree include the minor or major examination in microeconomic theory (offered by the Department of Economics) and field examinations in two of the seven Ph.D. fields (offered by the Applied Economics Graduate Program). The 8xxx courses in the Applied Economics Graduate Program prepare students for field exams. An approved minor (e.g., economics or health policy) can be substituted for one field exam in the department.

After passing the written preliminary examinations, the student must take a preliminary oral examination. This exam can be on coursework, a thesis prospectus, or some combination. It is administered by a committee of four people, including three from the Applied Economics Graduate Program and one other graduate faculty member not from the program. At the conclusion of the thesis research, a final oral examination is taken. The final oral exam consists of a public seminar (in which the candidate presents the thesis) and a closed meeting between the candidate and the appointed examining committee.

Language Requirements—None.

Minor Requirements for Students Majoring in Other Fields—Ph.D. students must complete at least 15 credits of 5xxx or 8xxx courses in applied economics. Courses for the minor are approved by the director of graduate studies in the Applied Economics Graduate Program. All courses in the minor must be taken A-F and completed with a GPA of 3.00 or higher.

Faculty

For latest graduate faculty listings, see <www.grad.umn.edu/faculty_rosters/faculty.html>.

Key to membership categories (abbreviations after faculty names).


Professor

Jeffrey D. Apland, SM
Ragui A. Assaad, SM
Avner Ben-Ner, SM
John Budd, SM
Brian L. Buhr, SM
Jon B. Christianson, SM
Bryan E. Dowd, SM
K. William Easter, SM
Roger D. Feldman, SM
William C. Gartner, SM
Paul W. Glewwe, SM
Robert P. King, SM
Jean D. Kinsey, SM
Morris M. Kleiner SM
Robert T. Kudrle, SM
William F. Lazarus, SM
Donald J. Liu, SM
Ann R. Markusen, SM
Hamid Mohtadi, M2
Samuel L. Myers Jr., SM
John A. Nyman, SM
Kent D. Olson, SM
Philip G. Pardey, SM
Claudia A. Parliament, SM
Glenn D. Pederson, SM
Stephen Polasky, SM
Terry L. Roe, SM
C. Ford Runge, SM
Benjamin H. Senauer, SM
Thomas F. Stinson, SM

Associate Professor
Jay S. Coggins, SM
Elizabeth E. Davis, SM
Jeremiah E. Fruin, SM
Maria J. Hanratty, SM
Frances R. Homans, SM
Terrance M. Hurley, SM
Laura T. Kalambokidis, SM
Deborah Levison, SM
Gerard McCullough, SM
Joseph A. Ritter, SM
Pamela J. Smith, SM
Rodney B. Smith, SM
Steven J. Taff, SM
Judy Temple, SM
Robert J. Town, SM

Assistant Professor
Jean M. Abraham, M2
Caroline Carlin, M2
Qiuqiong Huang, M2
Pinar Karaca Mandic, M2
Colleen Flaherty Manchester, M2
Elton Mykerezi, M2
Clarissa A. Yeap, M2
Chengyan Yue, M2

Research Associate
Naomi Zeitouni, M2

     
 
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