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Curriculum for Hybrid MS degree

 

Purdue CampusBelow is a summary of the MS in Economics curriculum for students considering the hybrid MS degree. The hybrid MS degree without the thesis option involves a core set of courses that provide a strong background in Economic theory and Econometrics. These core courses provide solid preparation for students who are considering applying to PhD programs in Economics or related areas.  The hybrid MS degree with the thesis option can be attractive to a student who wants to pursue substantive applied research on a particular issue in Economics.  A suitable research project is determined during the first half of the fall semester of the second-year. 

Hybrid Programs and In Residence Requirements  The hybrid MS degree differs from the fully online MS degree in that the student is required to be in residence as a full-time student at Purdue University's main campus for the second academic year. This requirement allows the student to either take additional PhD-level courses in Microeconomics and Econometrics or to complete a thesis.  For the hybrid MS degree, the student completes the online core courses taken by other MS students during the first year and summer with the exception of two courses (4 credit hours).  Excluding these two courses means that at the start of the second academic year, the student must earn an additional 17 credit hours to complete the degree.  This requires the student enroll as a full-time student on campus (8 credit hours or more per semester) during the second academic year in the program.

Flexibility in Switching out of the Hybrid MS Degree Program  During the first year, a student can easily opt out of the hybrid program if he or she decides it is better to complete the entire MS degree online (applied economics/business concentration).  If a student has committed to the year-in-residence, the student can still opt out of the hybrid program and fulfill the MS degree credit requirements without completing either the advanced theory concentration or a thesis. This option exists as all the courses in the applied economics/businses concentration are available to MS degree students on campus.

Schedule of Classes  For the hybrid MS degree, classes are held over 21 months (four semesters, one summer).  After the first semester in the fall, each subsequent semester is divided into two modules, with two-credit courses offered during these modules.  The table below provides typical schedules for a student pursuing the hybrid MS degree, either with a thesis option or with a focus on advanced theory courses (PhD-level courses in microeconomics and econometrics).  The final column of the table below provides the schedule for the fully online MS degree with a concentration in applied economics/business.  

Semester

Duration

Hybrid MS - Thesis Option

Hybrid MS - Advanced Theory Option

Fully Online MS - Applied Economics/Business Concentration

1

semester

Intermediate Econ I (Micro)

Intermediate Econ I (Micro)

Intermediate Econ I (Micro)

1

semester

Econometrics I

Econometrics I

Econometrics I

2

semester

Intermediate Econ II (Macro)

Intermediate Econ II (Macro)

Intermediate Econ II (Macro)

2

Module 1

xxxx

Behavioral Economics

Behavioral Economics

2

Module 2

Financial Econometrics

xxxx

Financial Econometrics

 summer

Module 1

Econometrics II

xxxx

Econometrics II

 summer

Module 1

xxxx

International Economics

International Economics

3

Module 1

Law and Economics

Micro Theory I (606)

Law and Economics

3

Module 1

Microeconometrics

Math Analysis for Economics (615)

Microeconometrics

3

Module 2

Personnel Economics

Micro Theory II (607)

Personnel Economics

3

Module 2

Thesis (3 credits)

Econometrics I (670)

xxxx

4

Module 1

Industrial Economics

Micro Theory III (609)

Industrial Economics

4

Module 1

xxxx

 Econometrics II (671)

xxxx

4

Module 2

Game Theory

Advanced Game Theory (610)

Game Theory

4

Module 2

xxxx

Economics of Information (614)

Accounting and Economics

4

Module 2

Thesis (4 credits)

Independent Study (1 credit)

Independent Study (1 credit)