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Graduate programs
The Department of Economics offers graduate work leading to the Master of Science and Master of Arts degrees, as well as a Graduate Certificate in Environmental and Resource Economics.
Admission requirements
Master of Science or Master of Arts
Admission to the Master’s program in the Department of Economics is online at http://www.pdx.edu/ogs/future-students. In addition to the University admissions requirements, department requirements are:
- GPA Requirements: Admission to the Economics program is highly competitive and requires a minimum of a 3.00 GPA in overall undergraduate coursework.
- Coursework: Undergraduate courses in Intermediate Microeconomics, Intermediate Macroeconomics, Statistics, Econometrics and Multivariate Calculus, as well as Linear Algebra, are required for admission.
- Testing: Minimum GRE scores of 300 (quantitative and verbal combined). Request that Educational Testing Services (ETS) send a copy of your scores to 4610 (Portland State University). The GMAT with a score of 520 or higher may be considered in lieu of the GRE. The TOEFL or IELTS is required for University admission for international students, unless they have a degree from a university in Australia, English-speaking Canada, Great Britain, Ireland, New Zealand or the U.S. See University minimum TOEFL or IELTS requirements at http://www.pdx.edu/admissions/english-language-proficiency-requirements-graduate.
- Recommendations: Three (3) letters of recommendation, at least two of which should be from Economics professors.
- Statement of Purpose: Approximately 500-word essay on goals and aspirations for entering and completing the graduate program.
- Application/Transcripts: Transcripts from ALL other institutions (other than PSU) you have attended. If you are admitted to the program, you will need an official transcript sent directly from your other institutions to the Office of Graduate Studies.
Economics M.S./M.A.
The Master of Arts has the same requirements as a Master of Science, but Master of Arts has an additional requirement of a foreign language. Students must complete a nine-course core requirement (36 credits), with 48 credits in total. Credit requirements beyond the core courses may be satisfied entirely with economics elective courses or partially with a maximum of 8 credits of economics research. Students have two options for completing the economics electives and/or research requirement:
- select 12 credits of economics electives.
- select 4 (maximum 8) credits of economics elective courses and 8 (minimum 4) credits of research to be completed in any combination of Ec 501, Ec 596 and Ec 597.
Economics elective courses may be substituted by graduate courses from other departments with prior Department of Economics approval.
Requirements
Core economics courses (36 credits)
Ec 560 | History of Economic Thought | 4 |
Ec 570 | Econometrics | 4 |
Ec 571 | Advanced Econometrics | 4 |
Ec 575 | Applied Advanced Econometrics | 4 |
Ec 580 | Mathematical Economics | 4 |
Ec 581 | Advanced Microeconomics | 4 |
Ec 584 | Applications of Advanced Microeconomic Theory | 4 |
Ec 590 | Advanced Macroeconomics | 4 |
Ec 592 | Applications of Advanced Macroeconomic Theory | 4 |
Economics electives and/or Economics Research (12 credits)
Option I: Economics Electives (12)
Option II: Economic Electives (4-8) and Economics Research (4-8)
Graduate Certificate in Environmental and Resource Economics (G.C.E.R.E.)
The Graduate Certificate in Environmental and Resource Economics requires 16 credits of graduate coursework. The certificate provides students with an understanding of the critical linkages between economics and key environmental issues. It also offers an introduction to the most important analytical tools, including cost-benefit analysis. Students will develop a solid understanding of the major local, national and global environmental challenges, provide insights into how markets allocate natural resources and the market and government “failures” associated with the environment and will be introduced to some of the tools used to analyze the effects of alternative resource and environmental regulations and policies.
Requirements
Prerequisite economics course (4 credits)
Must be taken at PSU.
Ec 201 | Principles of Microeconomics | 4 |
Core economics courses (12 credits)
Ec 522 | Economics of Sustainability: Theory and Practice | 4 |
Ec 527 | Cost-Benefit Analysis | 4 |
Ec 530 | Resource and Environmental Economics | 4 |
Total Credit Hours: | 12 |
Graduate Elective course (4 credits)
Any graduate Economics course numbered 511/611 or above is automatically approved as an elective. Appropriate courses from other departments can be applied to the electives requirement with advance approval of the Graduate Program Director.
Economics Courses
Ec graduate level elective | 4 |
Though any Economics course fulfills the elective requirement, the following environmental and resource economics courses may be offered:
- Ec 532 Advanced Environmental Economics
- Ec 533 Resource Economics
- Ec 534 Business Environmental Management
- Ec 537 Public Utility Economics
- Ec 543 Global Environmental Economics