Fast-track your education with an accelerated degree in Economics and join the next
generation of economists.
If you’re looking for the straightest line from education to professional, a UND Master
of Science in Applied Economics & Predictive Analytics (M.S.) degree is right for
you. And, now with the option of an accelerated degree program, you can complete your
higher education in an efficient way. With this accelerated program, you’ll gain the
hands-on and practical expertise that today’s employers are looking for.
When you study economics, you'll investigate the subject from two perspectives. The
view from 30,000 feet, or macroeconomics, covers society-wide issues such as inflation,
unemployment and economic growth. You'll also study the field on a closer, or microeconomic,
level, learning to analyze product pricing, competition between businesses in an industry,
and the effects of regulation.
Because you'll perform wide-ranging quantitative and qualitative analysis of economic
and social forces as an Economics student, this major is a great launching pad for
careers such as data analysts, data quality managers, and in other fields that demand
an understanding of individuals and society - as well as, of course, careers in academia
and as professional economist. (If you're interested in pursuing graduate study in
economics or actuarial science, consider enrolling in the quantitative track offered
by the major.)
Looking to learn advanced applied economic skills? UND's M.S. in Applied Economics & Predictive Analytics provides students the opportunity to learn data analytics informed by economics perspectives.
Whether you complete a thesis or an independent study, you'll work directly with a
faculty adviser as you learn to gather data, apply economic theory and communicate
clearly with others — all skills critical to landing a career in private industry
All requirements for both the undergraduate and M.S. degrees must be met, and these
students may double count up to 12 graduate-level credits towards the requirements
for their undergraduate degree and their M.S. degree requirements. Accelerated degree
students must obtain their M.S. degree within 12 months of completing their undergraduate
degree, provided that the degree requirements can be completed in that time frame.
Complete the required courses, and you'll earn both your bachelor's and master's degrees
at the same time. You’ll declare your program of study as an undergraduate student
and follow a straightforward plan all the way through to graduating with a master’s
Incoming freshman or transfer students apply to UND as an undergraduate student.
This program is accredited by AACSB International, the Association to Advance Collegiate Schools of Business. Accreditation by AACSB
International puts the Nistler CoBPA in the top 5% of business schools in the world.
UND's Accelerated Economics Degree
We support your research. Students and recent grads are eligible for department grants
to cover the costs of conferences and research materials.
Hear leading economists discuss insights on emerging issues at the annual Korus Seminar
Series in Economics & Finance.
Learn to clearly analyze and explain datasets to wide variety of individuals, a skill
that will lead to countless career opportunities.
What can you do with an accelerated economics degree?
Economists have an inside track on predicting the results of policies set by governments
and businesses. As a result, you'll be in demand as a researcher, manager or administrator
in a range of industries. Some of the industries economics majors typically work in
Increasingly, companies are relying on economists to analyze customer-level data to
issue sales projections and forecast consumer behavior. A Master's in Applied Economics
& Predictive Analytics puts you in position to launch a career in:
Accelerated Economics Degree Courses
ECON 338. International Economics. 3 Credits.
The course introduces to the students the sources of international trade, traditional international trade model (the Ricardian, the Specific-factors, Heckscher-Ohlin model), movement of labor and capital between countries, new trade theories (increasing returns to scale, monopolistic competition, and offshoring) and trade policies such as tariffs, quotas and export subsidies. Prerequisite: ECON 201 and ECON 202. S.
ECON 395. Special Topics in Economics. 1-4 Credits.
Specific topic will vary from year to year; some years an important development in economic theory, other years, a significant issue in economic policy. Repeatable to 20 credits. Prerequisite: ECON 210. Repeatable to 20.00 credits. On demand.
ECON 309. Intermediate Macroeconomic Theory and Policy. 3 Credits.
A framework for studying national income, employment, and the general price level is developed. Theoretical perspectives on the National Income and Product accounts, expenditures in the public and private sectors of the economy, and supply and demand for money, labor and other resources are surveyed. Macroeconomic Theory is then applied to a study of monetary, fiscal, incomes, and other policies intended to influence unemployment, inflation, balance of international financial payments, and economic growth. (Core requirement for students planning advanced study in Economics.). Prerequisite: ECON 201 and ECON 202. S.
ECON 411. Economic Forecasting. 3 Credits.
An introduction to Economics Forecasting and Time Series Analysis. The course will cover specifications and estimation of ARMA models, seasonality, non-stationarity, unit roots and forecast evaluations. Empirical applications are used throughout the course. Prerequisite or Corequisite: ECON 410 or ECON 506. S.
ECON 506. Econometrics. 3 Credits.
Econometric analysis of economic and financial data. Topics include simple linear regression, multiple linear regression, and nonlinear regression functions. Techniques for dealing with violations of the regression models assumptions, including multicollinearity, heteroskedasticity, measurement error, endogeneity, and autocorrelation. Additional topics include binary variables, instrumental variable regression, big data, and time-series models. Estimation and testing of economic models will be an important part of the course. Prerequisite: Admission to the MBA or MSAE program, or department consent required. F,S,SS.