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Examples of Concentrations

The program is designed to give students flexibility in the choice of the five courses, though at least two of them must be in economics. The electives must be at the 400 level or above and courses from other departments and campuses can be used to fulfill this requirement. However, the electives chosen must be approved by the Economic Policy Analysis Graduate Committee.

Students will choose an advisor when they enter the M.A. program, and, sometime during their second semester, meet with their advisors to develop a set possible elective courses that fit their particular interests. The student will then submit this set of possible electives to the Economic Policy Analysis Graduate Committee for approval. With the approval of the Committee, students may revise thier package of possible elective courses at any time.

While students in consultation with their advisors can choose any appropriate set of elective courses, we have developed a list of possible areas of concentration to guide students in the choice of elective courses:

  • International Economic Policy Analysis
  • Financial Policy
  • Environmental Policy
  • Human Resources, Education and Training Policy
  • Macroeconomic Policy
  • Growth and Technology Policy
  • Public Sector Economics
  • Managerial Policy
  • Health Policy
  • Urban and Regional Development
  • Quantitative Methods for Policy Analysis
  • Law and Economics

This list is not exhaustive, nor is it binding. Students interested in one of the following areas may want to select some or all their electives from the listed courses. Or, they may work with their faculty advisors to develop their own specific package.

International Economic Policy Analysis

Faculty Advisors: Wendy Takacs, Tim Gindling, David Mitch
 
  • ECON 481/681 International Trade Theory
  • ECON 482 International Finance
  • ECON 486 Topics in Development Economics
  • ECON 457 Economic History of Russia and the Soviet Union
  • ECON 442 European Economic History
  • ECON 455 Economic Systems

Financial Policy

Faculty Advisors: Robert Carpenter, Doug Lamdin, Morgan Rose, Chunming Yuan

  • ECON 463 Theory of Public Finance
  • ECON 471/671 Money and Capital Markets
  • ECON 474 Cases in Corporate Finance
  • ECON 472 Monetary Theory and Policy
  • ECON 475 Economics of Financial Analysis
  • ECON 476 Portfolio Analysis and Management
  • ECON 482 International Finance
  • ECON 423 Economic Forecasting
  • ECON 453 Household Economics

Environmental Policy

Faculty Advisors: Virginia McConnell, Tim Brennan
  • ECON 439 Environmental Economics
  • ECON 437 Economics of Natural Resources
  • ECON 486 Topics in Development Economics
  • ECON 605 Benefit-Cost Analysis
  • STAT 414 Environmental Statistics
  • GEOG 432 Seminar in Natural Resources and Environmental Conservation
  • GEOG 486 Geographic Information Systems (GIS)
  • CHEM 470 Toxicological Chemistry

Human Resources, Education and Training Policy

Faculty Advisors: Tim Gindling, Doug Lamdin, Bill Lord, David Mitch, Lisa Dickson, Dave Marcotte

  • ECON 451/651 Labor Economics
  • ECON 453 Household Economics
  • ECON 454 Economics of Education and Human Capital
  • ECON 467 Health Economics
  • ECON 486 Topics in Development Economics

Macroeconomic Policy

Faculty Advisors: Robert Carpenter, Bill Lord, Morgan Rose

  • ECON 403 Economic Growth and Cycles
  • ECON 412 Topics in Macroeconomics
  • ECON 455 Comparative Economic Systems
  • ECON 463 Theory of Public Finance
  • ECON 471 Money and Capital Markets
  • ECON 472 Monetary Theory and Policy
  • ECON 482 International Finance

Growth and Technology Policy

Faculty Advisors: Tim Gindling, Bill Lord, David Mitch

  • ECON 403 Growth and Cycles
  • ECON 434 Regional Economics
  • ECON 437 Economics of Natural Resources
  • ECON 441 American Economic History
  • ECON 442 European Economic History
  • ECON 453 Household Economics
  • ECON 486 Topics in Development Economics
  • ECON 448 Economics of Innovation and Technology

Public Sector Economics

Faculty Advisors: Tim Brennan, Kathleen Carroll, Dennis Coates, David Greenberg, Bill Lord

  • ECON 414/641 Public Policy Toward Business
  • ECON 467/652 Health Economics
  • ECON 451/651 Human Resources Economics
  • ECON 463/661 Public Finance
  • ECON 464 State and Local Public Finance
  • ECON 605 Benefit/Cost Analysis
  • ECON 439 Environmental Economics
  • ECON 437 Economics of Natural Resources
  • ECON 453 Household Economics
  • ECON 454 Economics of Education and Human Capital
  • ECON 416 The Economics of Law
  • PUBL 616 Regulatory Policy

Managerial Policy

Faculty Advisors: Kathleen Carroll, Doug Lamdin

  • ECON 408 Managerial Economics
  • ECON 415 Property Rights, Organization and Management
  • ECON 417 The Economics of Strategic Interaction
  • ECON 414 Public Policy Toward Business
  • POSI 616 Regulatory Policy

Health Policy

Faculty Advisors: Bing Ma, David Salkeveer, Nancy Miller

  • ECON 652 Health Economics
  • ECON 605 Benefit Cost Analysis

Three from the following:

  • ECON 610 Issues in Health Care Financing and Service Delivery
  • SOCY 652 Health Care Organization and Delivery
  • MATH 471 or 472 Actuarial Mathematics
  • POLI 652 Politics of Health
  • POLI 640 Health Law
  • POLI 616 Regulatory Policy
  • POLI 643 Management in Health Care Institutions
  • SOCY 626 Social Epidemiology, or PREV 601 Epidemiological Methods (U. of Baltimore), or PREV 620 Principles of Biostatistics (U. of Baltimore)

Urban and Regional Development

Faculty Advisors: Doug Lamdin, Virginia McConnell, Christelle Viauroux
  • ECON 433 Urban Economics
  • ECON 434 Regional Economics
  • ECON 478 Real Estate Economics and Finance
  • ECON 605 Benefit-Cost Analysis
  • ECON 416 The Economics of Law
  • PUBL 616 Regulatory Policy
  • PUBL 648 Urban Politics

Quantitative Methods for Policy Analysis

Faculty Advisors: Tim Gindling, Lisa Dickson, Christelle Viauroux, Dave Marcotte, Marvin Mandell
  • ECON 423 Economic Forecasting
  • ECON 411 Selected Topics in Microeconomics
  • ECON 417 The Economics of Strategic Interaction
  • MATH 401 Mathematical Analysis
  • MATH 482 Nonlinear Optimization
  • MATH 483 Linear and Combinatorial Optimization
  • STAT 451/651 Introduction to Probability Theory
  • STAT 453/653 Mathematical Statistics
  • MATH 484 Stochastic Methods in Operations Research
  • MATH 421 Introduction to Topology

Law and Economics

Faculty: Tim Brennan, George LaNoue

  • ECON 615 Property Rights, Organizations, and Management
  • ECON 641 Economics of Government Policy Toward Business
  • POSI 616 Regulatory Policy
  • POSI 617 The Econoimcs of Law
  • POLI 621 The Legal Context of Administration

Additional courses are available at the University of Maryland Law School and the University of Baltimore School of Law.