Economics - Master of Arts

Candidates for the Master of Arts in economics must successfully complete a minimum of 30 graduate credits (concentrations may require more than 30 graduate credits). At least 12 credits beyond the core courses (AEEC 501 Microeconomic Theory, AEEC 502 Macroeconomic Theory, AEEC 540 Econometrics I) must be earned by taking courses taught by economics faculty members in the Department of Economics, Applied Statistics and International Business. At least two of the three core courses must be completed at NMSU. Twenty-one of the credits must have one of the four following prefixes: AEEC, ECON, ECDV, or AG E. At least twenty-four of the credits must be associated with courses numbered 500 or above. All students must meet the requirements specified in the general regulations and requirements for admission to the Graduate School and to candidacy. Students preparing to enter the program are encouraged to complete the following:

  1. one course in intermediate microeconomic theory and one course in macroeconomic theory with minimum grades of B;
  2. one course in college-level calculus; and
  3. one course in statistics, including simple regression.

Those students not having completed these courses may be admitted with the requirement that the deficiencies be completed at the beginning of the graduate program. Those students interested in the concentration in regulatory economics are advised to complete two courses in college-level statistics.

All students in the program must successfully complete a minimum of 30 credits including the following:

Required Courses
AEEC 501Microeconomic Theory3
AEEC 502Macroeconomic Theory3
AEEC 540Econometrics I3
Electives, subject to the restrictions above.21
Total Credits30

Notes:

  1. No more than one course with a grade less than B can be used to fulfill the requirements for the MA Econ degree.
  2. ECON 503 cannot be counted toward the major in Economics.
  3. A maximum of nine hours of approved transfer credit (with minimum grades of A) may be applied toward the degree.

Teaching and research assistantships are available to qualified applicants however admission to the program does not imply or guarantee funding. It is not necessary to have a degree in economics to enter the graduate program or to receive financial assistance. An application and three letters of reference are required to be considered for any available assistantships. These forms can be obtained from the department.

Concentraion: Public Utility Policy and Regulation

Requirements
ECON 571Regulatory Policy and Industry Analysis: Electricity I3
ECON 572Regulatory Policy and Industrial Analysis: Water and Natural Gas3
ECON 573Regulatory Policy and Industry Analysis: Electricity II3
ECON 574Advanced Seminar Regulatory Policy and Industry Analysis3
Total Credits12

Option: Public Policy

Requirements
AEEC 522Public Sector Economics I3
AEEC 523Public Sector Economics II3
GOVT 530Seminar in Public Policy3
Select one from the following:3
Issues in Public Policy3
Seminar in Public Administration3
Public Budgeting3
Public Policy Analysis3
Total Credits12

Opion: Econometrics

Requirements
AEEC 540Econometrics I3
ECON 545Econometrics II3
Select 6 graduate credits of A ST (Applied Statistics) at the 500 level 16
Total Credits12
1

Excluding A ST 505 Statistical Inference I, independent study, thesis, project and dissertation credits.

All students in the program must successfully complete a minimum of 30 credits including the following:

Required Courses
AEEC 501Microeconomic Theory3
AEEC 502Macroeconomic Theory3
AEEC 540Econometrics I3
Total Credits9