12.8 Economics





The Degree of Master of Arts is offered in Economics. The focus of the program is applied economics. The non-thesis option is designed so that suitably qualified full-time students can complete it in one year. The thesis option normally takes more than one year.

12.8.1 Qualifications for Admission

To be considered for admission, an applicant must normally have completed an undergraduate Degree in Economics with at least second-class Honours standing, or its equivalent. Satisfaction of this criterion does not guarantee admission and, if admitted, students may be required to complete specified undergraduate courses as deemed necessary by the Department.

12.8.2 Programs of Study

  1. Non-Thesis Option

    1. The program of study requires, in addition to any specified undergraduate courses, completion of 26 credit hours in graduate Economics courses, including a master's essay course. The maximum time normally permitted for students to satisfy these requirements is three years.

    2. The 26 credit hours in graduate courses consist of the following:

      1. 11 credit hours in core courses, which shall normally be completed in the first term of the program: Economics 6000, 6001, 6002, and 6009;

      2. 12 credit hours in other courses selected from those offered by the Department;

      3. Masters Essay course: Economics 6999. Normally, all other required graduate courses must be completed before the essay.

    3. The master's essay, Economics 6999, must be in the area relating to the courses taken by the student. Students will be assigned a Supervisor, who will approve the topic; the essay will be graded by the Supervisor and one other member of the Department. The essay must be completed during the semester in which the student is registered in Economics 6999. During that time, students may be required to give a Departmental seminar on their essays.

  2. Thesis Option

    1. The thesis option consists of 20 credit hours and a thesis. The thesis will consist of a comprehensive study in the area of the student's field courses. The thesis must embody systematic research and demonstrate a mastery of economic principles and their application. Thesis work will be completed under a Supervisor from the Department.

    2. The thesis must normally be completed within the two years following completion of 20 required credit hours, which must include Economics 6000, 6001, 6002, and 6009.

    3. The thesis will normally be evaluated internally and in accordance with the requirements of the School of Graduate Studies.

12.8.3 Courses

The following courses will be offered to meet the requirements of students, as far as resources of the Department will allow. Core Courses

  • 6000 Advanced Micro-economic Theory
  • 6001 Advanced Macro-economic Theory
  • 6002 Econometrics
  • 6009 Graduate Seminar (2 credit hours)

Economics 6000, 6001, 6002 and 6009 are prerequisites for all graduate courses that follow, unless waived in writing by Head of the Department. Elective Courses

  • 6010 Taxation
  • 6011 Expenditure
  • 6012 Cost-benefit Analysis
  • 6013 Fiscal Federalism
  • 6014 Topics in Public Sector Economics
  • 6020 Economics of Nonrenewable Natural Resources
  • 6021 Economics of Renewable Natural Resources
  • 6022 Environmental Economics
  • 6023 Advanced Fisheries Economics
  • 6024 Topics in Resource Economics
  • 6025 Labour Economics
  • 6040 Industrial Economics
  • 6050-55 Special Topics in Economics
  • 6100 Microeconomic Theory and Applications
  • 6140 Health Economics in the Canadian Context
  • 6150 Advanced Applied Regression Analysis
  • 6151 Applied Microeconometrics
  • 6190 Advanced Topics in Mineral and Petroleum Economics

The information on this site has been extracted from the Official 2023-2024 University Calendar. While every reasonable effort has been made to duplicate the information contained in the official University Calendar, if there are differences, the official Memorial University of Newfoundland Calendar will be considered the final and accurate authority.

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