Economics Department

Graduate Program

Master of Arts in Economics

The primary objective of the graduate program in economics is to develop economists who can meet the demand of the private sector, the not-for-profit sector, and government and are well trained in the tools of economic analysis and measurement. The program stresses a strong foundation in standard economic theory, econometric methods, and their application to problems faced by businesses, the not-for-profit sector, and government agencies. Although the Master of Arts in Economics is designed as a terminal degree program, students who complete the program are well prepared for further graduate study in economics. The program is aimed at students with an undergraduate degree in economics or business, as well as students with undergraduate training in other academic fields.


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The Department of Economics: Rhodes Tower, Room 1715; Phone (216) 687-4520

Admission Requirements

The department follows the general requirements of the College of Graduate Studies regarding Regular and Provisional status. To be considered for admission as a Regular graduate student, the applicant must have a bachelor's degree with at least a 2.75 grade point average and have completed intermediate microeconomics, intermediate macroeconomics, calculus, and statistics. International applicants must provide official TOEFL and GRE (general) test scores received directly from ETS. Students are advised to begin the program in the fall semester.  (International students are only admitted to begin in the fall semester.)

Program Goals

The graduate program in Economics at Cleveland State University serves two types of students:

a. Those who are interested in continuing their studies at the Ph.D. level; and
b. Those who are interested exclusively in the terminal M.A. degree to advance themselves in the job market.

To meet the objectives of the program the department offers course work in four broad areas:

  1. Mathematical Economics and Econometrics: In this grouping, students are required to take 14 semester hours of course work. These courses help students develop mathematical skills, statistical and econometrics skills which can be applied in problem solving.
  2. Microeconomic Theory: 8 semester hours of course work in this area are required to provide strong analytical background in the theories of consumer and firm behavior, theories of markets, pricing and regulation.
  3. Macroeconomic Theory, Money and Finance: 8 semester hours of course work in this area are required to provide students with an understanding of the workings of the economy and the world of money and finance.
  4. Electives: 3 semester hours are required. Students have a choice of course work to develop a background in areas such as international trade and finance, urban economics, environmental and natural resource economics, economics of law, and finance. Students are exposed to areas where economic theory, mathematical modeling and econometrics tools can be used to explore, investigate and analyze different economic, political and social issues.

These 4 groupings make up the total of 33 required semester hours to complete the MA Program.


Mathematical Economics (ECN 610) (2 sem.hrs)
Prerequisite: Calculus I or equivalent.

Econometrics (ECN 622) (4 sem. hrs beginning in Fall of 09)
Prerequisite: Business Statistics I or equivalent.

Time Series Econometrics (ECN 625) (4 sem. hrs)
Prerequisite: ECN 610 and ECN 622 or equivalents.

Applied Economic Analysis (ECN 628) (4 sem. hrs)
Prerequisites: ECN 625.

Advanced Microeconomics (ECN 633) (4 sem. hrs)
Prerequisite or co-requisite: ECN 610 or equivalent & Intermediate Microeconomics.

Competition and Strategy (ECN 635) (4 sem. hrs)
Prerequisite or co-requisite: ECN 610 or equivalent & Intermediate Microeconomics.

Advanced Macroeconomics (ECN 643) (4 sem. hrs)
Prerequisite: ECN 610 or equivalent and Intermediate Macroeconomics.

Financial Economics (ECN 654) (4 sem. hrs)
Prerequisite: Intermediate Microeconomics.


Business Fluctuations and Forecasting (ECN 541) (3 sem. hrs)
Prerequisite: Intermediate Macroeconomics or equivalent.

Economics of Law (ECN 550) (3 sem. hrs)
Prerequisite: Intermediate Microeconomics or equivalent.

Environmental and Natural Resource Economics (ECN 474/574) (3 sem. hrs)
Prerequisite: Intermediate Microeconomics.

International Trade (ECN 482/582) (3 sem. hrs)
Prerequisite: Principles of Macroeconomics and Microeconomics or equivalent.

Economics of Development and Growth (ECN 485/585) (3 sem. hrs)
Prerequisite: Intermediate Microeconomics.

Labor Economics (ECN 675) (3 sem. hrs)
Prerequisite:  Economics MA Program students or permission of instructor.

Special Topics in Economics (ECN 694) (3 sem. hrs)
Prerequisite: Permission of Instructor. Course title and content may change from term to term.

Seminar in Economics (ECN 695) (3 sem. hrs)
Prerequisite: Permission of Instructor. Assignments chosen by instructor and include class presentations by students and writing assignments.


Fall: ECN 610, 622, 633, 654
Spring: ECN 625, 635, 643
Summer: ECN 628
Elective course may be taken anytime throughout the year.


1st year: Fall: ECN 610, 622
Spring: ECN 625, 635
Summer: ECN 628

2nd year: Fall: ECN 633, 654
Spring: ECN 643, plus 1 elective

All required courses are offered in the evening.


Financial aid in the form of a Graduate Assistantship is available to a limited number of qualified graduate students. Assistantships carry a stipend plus full or partial tuition support. Tuition scholarships are also available on a limited basis. Two letters of recommendation are required. Applications for students seeking a graduate assistantship must be completed by May 1st.


The University provides job placement services through its Career Services Center. The department will assist students who are near completion or have completed its M.A. program in their search for suitable employment.