Economics


William Butos Chairman: PROFESSOR ANDREW GOLD
 back.gif (604 bytes)Graduate Advisers:  PROFESSOR WILLIAM N. BUTOS and PROFESSOR WARD S. CURRAN
Ward Curran
The Master of Arts program in economics concentrates on the economics of finance, both public and private, and stresses an analytical approach to corporate, governmental, and monetary economic problems. Although it is designed primarily for men and women in business and government who view the Master's degree as terminal, the Trinity economics program, augmented by independent study, will provide rigorous training in the fundamentals of the discipline for those students who plan to pursue study in economics beyond the Master's degree.

Ten courses are required to complete a Master of Arts degree in economics. Three of these courses constitute a core curriculum usually to be taken in sequence.

Economics 803 Microeconomic Theory
Economics 805 Macroeconomic Theory
Economics 821 Research Methods (to be taken early in the program.)

Studies beyond these core courses are intended to meet the particular needs of each student. Three areas of concentration are available: corporate finance, public finance, and money. Three courses are required from these concentrations; two of which must be from the same area.

Corporate Finance
Economics 806 Financial Accounting Valuation and Measurement
Economics 810 Corporation Finance
Economics 811 Money and Banking
Economics 812 Economics of the Securities Market
Economics 814 Analysis of Financial Markets
Economics 822 Economics of Financial Regulation

Money
Economics 811 Money and Banking
Economics 815 International Trade and Investment
Economics 817 International Finance

Public Finance
Economics 807 Public Finance
Economics 811 Money and Banking

The remaining four courses are taken as electives, including a thesis or a research project. Electives may be chosen from other economics courses, or students may, with the approval of the graduate adviser, choose two electives from related disciplines. Certain management courses offered at Rensselaer of Hartford, and certain economics courses offered at the University of Hartford may be counted toward the degree with the approval of the graduate adviser.

To fulfill the degree requirements, a thesis may be written or students may substitute a nonthesis option by taking a ninth course and completing a research project (Economics 953) to constitute the tenth course. Students will be given the opportunity to present their research findings. The subject of the thesis or research project may deal with problems or concerns related to the candidate's professional responsibilities.

Students are also required to attend at least one (noncredit) graduate library workshop for writers of research papers and theses. Each semester, various workshops will be offered by the Library and the Office of Graduate Studies to assist graduate students in their research. Students should contact the Office of Graduate Studies (297-2527) for workshop schedules.

Students who are candidates for admission to the Master's program are expected to have completed substantial undergraduate work in economics as well as in mathematics through basic calculus. However, students with outstanding undergraduate records and only minimal work in economics have also been admitted to the program.

Applicants for candidacy to the Master's degree will normally have their applications reviewed after they have completed Economics 803 and 805. Other graduate students may enroll in courses offered by the department with permission of the graduate adviser and the instructor of the course.

All persons who desire to major in economics, or who simply desire to register for Economics 803 or 805, must demonstrate competence to undertake graduate study by passing Economics 801, Economic Principles, or by passing a qualifying examination. Those who do not perform well on this examination should enroll in Economics 801, which is designed for students who need to refresh their understanding of basic economics, or who have had little or no undergraduate training in economics. Economics 801 does not count toward the degree requirements. The qualifying examination will be administered in August and January. Students wishing to take this examination should call the Office of Graduate Studies (297-2527) to make a reservation for the examination.

Courses in the Economics Program

Economics 801  Economic Principles
Economics 803  Microeconomic Theory
Economics 805  Macroeconomic Theory
Economics 806  Accounting Valuation and Measurement
Economics 807  Public Finance
Economics 810  Corporation Finance
Economics 811  Money and Banking
Economics 812  Economics of the Securities Market
Economics 813  Mathematical Economics
Economics 814  Analysis of Financial Markets
Economics 815  International Trade and Investment
Economics 817  International Finance
Economics 818  Basic Econometrics
Economics 821  Methods of Research
Economics 822  Economics of Financial Regulation
Economics 940  Independent Study
Economics 953  Research Project
Economics 954-955  Thesis (2 credits)


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