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Degree Programs
The Master of Arts program has a twofold objective: (1) to provide students with analytical capabilities and research skills for careers in business, government, and the nonprofit sector; and (2) to prepare those who wish to pursue the Ph.D. at IUPUI, Indiana University Bloomington, or another university.  The program has four different specialties: General Econometrics, Health Economics, PhD Preparation, and Monetary and Financial Economics. There is substantial overlap in the courses required for graduation under the four curricula. Nevertheless, the incoming student should have selected his or her area of specialization prior to entering the program. 

Course Requirements

Students must complete a minimum of 30 credit hours of graduate course work. Twelve (12) credit hours are devoted to the following required core courses:

  • ECON-E 520: Mathematics of Optimization
  • ECON-E 521: Theory of Prices and Markets
  • ECON-E 522: Theory of Income and Employment
  • ECON-E 570: Fundamentals of Statistics and Econometrics

These core courses serve as prerequisites for 500-level field courses. The student must also complete six (6) credits of outside field classes in the mathematics and statistics department, at the graduate level. Consult the department’s graduate study guide for a list of acceptable outside courses.


The student must receive at least a C (2.0) in each course and must average at least a B (3.0 on a 4.0 scale) for all courses taken.

Ph.D. Program

The Ph.D. program is designed to (i) advance knowledge concerning Health Economics and Philanthropy/Nonprofit Economics; (ii) develop the skills essential for our graduates to conduct independent research in these two areas. The two fields for our Ph.D. program are Health Economics and Philanthropy/Nonprofits Economics.