The Master of Science in Applied Economics (MSAE) program provides advanced training in Economic theory along with exposing students to real-world data-based applications. Thus, it aims to strike a balance between theory and practice. Our regularly updated syllabus and internationally reputed faculty help students to prepare for higher studies, increase their employability and helps to gain skills for their future jobs.

Mission(s)

1. Impart advanced knowledge in microeconomics, macroeconomics and econometrics.
2. Rigorous analytical skill building based on real-world data and econometric applications.
3. Real world govt./non-govt. project evaluation via the lens of economics and finance.
4. Engage in supervised research covering various economic and social issues.
5. Communication skill building via interactive presentation of term papers, theses and conference papers.

Requirements for the Programme

Applicants should ideally possess at least a Bachelor’s degree in economics from a recognised university. However, a person with a Bachelor’s or Master’s degree in any other discipline can also apply. Such candidates are required to take a non-credit foundation course (ECO500).

Course Curriculum

Foundation Courses (1 course, non-credit)

Students from a non-economics background are required to take the non-credit course before the MSAE programme is commenced.

• ECO500 Economic Theory and Tools of Economic Analysis

Core Courses (15 credits)

• ECO511 Principles of Quantitative Analysis (3 Credits)
• ECO512 Microeconomic Theory and Applications I (3 Credits)
• ECO513 Macroeconomic Theory and Applications (3 Credits)
• ECO514 Microeconomic Theory and Applications II (3 Credits)
• ECO515 Advanced Econometrics (3 Credits)

Concentration Courses (9 credits)

Along with core courses in economics, the students may choose one of three concentration fields for a thorough understanding of that particular area of economics. A student needs to complete 9 credits, in consultation with the academic advisor, from one of three fields below to complete the requirements of a primary concentration. An interested student can complete more than one area of concentration.

Fields of Concentration

1. Econometrics
a. ECO611 Time Series Analysis and Forecasting (3 Credits)
b. ECO612 Models of Qualitative Choice (3 Credits)
c. ECO613 Econometric Analysis of Panel Data (3 credits)
d. ECO614 Topics in Econometric Analysis (3 Credits)

2. Financial Economics
a. ECO621 Corporate Finance and Economic Analysis (3 Credits)
b. ECO622 Capital Markets and Investment Strategy (3 Credits)
c. ECO623 Asset Pricing and Financial Derivatives (3 credits)
d. ECO624 Risks, Uncertainty and Insurance (3 credits)
e. ECO625 Managerial Economics (3 credits)
f. ECO626 Topics in Financial Economics: Money, Insurance and Capital Market Analysis (3 credits)

3. Public Policy
a. ECO631 Public Economics (3 Credits)
b. ECO632 Project Appraisal and Management (3 Credits)
c. ECO633 Resource and Environmental Economics (3 Credits)
d. ECO634 Trade Policies and Development (3 Credits)
e. ECO635 Economic Development Policies in Bangladesh (3 Credits)
f. ECO636 Topics in Economic Policy Issues: Sustainable Urbanization Policy (3 Credits)

Free Electives (6 credits) 

Each student is also required to complete 6 more credits of elective courses.

Thesis (6 credits)
Successful completion of the programme also requires the student to prepare and defend a thesis (ECO 690) of acceptable academic standard.

Transfer of Credits
Prospective students who wish to transfer credits to the MSAE programme should bring it to the attention of the Department. The final decision to transfer credits resides with the Departmental authorities.