Master of Science in Economics Courses

ECO 501 MICROECONOMICS 1

1. Theory of the firm Technology of the firm Properties of the firm’s technology Profit maximization Comparative statics Cost minimization Comparative statics results 2. Consumer...

ECO 502 MICROECONOMICS 11

1. Advanced treatment of the theory of the firm Competitive pricing (short-run and long-run) Comparative statics and welfare 2. Monopoly pricing and output decisions Comparative...

ECO 503 MACROECONOMICS 1

1. Introduction to dynamic optimization 2. Theories of economic growth and convergence Basic Harrod-Domar model Basic Solow neoclassical growth model Extensions to embodied and disembodied...

ECO 504 MACROECONOMICS 11

1. Open economy macroeconomics and policy design 2. Extensive treatment of open economy macroeconomics Mundell-Fleming model in small and large open economies Exchange rate regimes...

ECON 505 QUANTITATIVE METHODS

1. Matrix algebra Special types of matrices Transpose of a matrix Partitioned matrix Inverse of a matrix Applications of matrix algebra in economics Eigenvalues and...

Microeconometrics Introduction to Cross-sectional and Panel Data Analysis: panel data models first difference estimator Fixed Effect and Random Effects Models Limited Dependent Variable Models: probit...

ECO 591 RESEARCH METHODS

The Design of Economic Research Project Statement of the Research Problem Research Thesis Essence and Techniques of Literature Review Methodology: survey method historical method econometric...

ECO 562 ISSUES IN ENTREPRENEURSHIP

The Entrepreneur as a Factor of Production Basic Elements in Entrepreneurship Development The Role of Entrepreneurship in Economic Development empirical evidence from journal papers will...

ECO 571 ECONOMETRICS 1

Generalised Linear Model Extensions of the Generalized Linear Model Generalized Least-squares Autocorrelation Heteroscedasticity Stochastic Regressors Instrumental variables Errors in variables Endogeneity problem Simultaneous Equation Methods...

ECO 511 ECONOMIC DEVELOPMENT AND PLANNING

Section A: Development Macroeconomic Issues and Planning Advance Theories of Economic Growth and Development The Harrod-Domar model The input-output technique and other aggregate models Impact...

ECON 521 MONETARY ECONOMICS

Monetary Theory and Banking Issues Monetary Theory and Issues Definition of money Demand for money theories Money supply theories Instruments of monetary policy Rules versus...

ECO 532 INTERNATIONAL ECONOMICS

Trade Theory Advanced treatment of the theories of international trade from classical to modern Comparative statics of trade with respect to changes in: Tastes Factor...

ECON 541 FINANCE AND PUBLIC SECTOR ECONOMICS

Economic Rationale for State Intervention First and Second Fundamental Theorems of Welfare Economics Assumptions Under Which Markets Are Efficient Types of Intervention Intervention and Social...

ECO 551 LABOUR ECONOMICS AND INDUSTRIAL RELATIONS

Review of Basic Labour Market Theory Theories of Individual and Household Labour Supply Human Capital Theory Wages and Structure Information in the Labour Market The...

ECO 553 PROJECT APPRAISAL

The Project Concept Project Cycle Financial Analysis and Investment Criteria for Industrial Projects Economic Analysis of Projects Social Cost-Benefit Studies Shadow Pricing Distributional Impact Special...

ECO 561 DEMOGRAPHY

Demographic Analysis Population Census, Vital Statistics, and Registration Adjustment of Demographic Data Interpolation Procedures Graduation Procedures Analysis and Measures of Fertility, Mortality, and Migration The...

ECO 582 ENERGY AND PETROLEUM ECONOMICS

Political Economy and Empirical Perspectives of Energy Policy and Its Implications for Energy Supply and Demand Local, National, and Global Markets for Energy Oil Natural...

ECON 572 ADVANCED METHEMATICAL ECONOMICS

Difference and differential equations Stability properties of dynamic optimization over time The calculus of variations Dynamic programming Optimal control and maximum principle The application of...

ECO 574 ENVIRONMENTAL ECONOMICS

Introductory Issues Introduction: The emergence of environmental economics Fundamental Issues in the economic approach to environmental issues The drivers of environmental impact Poverty and inequality...

ECO 563 Health Economics

Introduction to Health Economics Health Facts and statistics within and across countries Why Health Economics Applying Economics to Health Health as a Good and the...

ECO 592 MSc DISSERTATION

The thesis must deal with a research problem chosen from the candidate’s area of specialization in which the candidate must have done the relevant elective...

PGC 601 Research Methodology and Application of ICT in Research

This is in-depth research work aimed at acquiring full knowledge and presentation in scholarly writing of the concepts, issues, trends in the definition and development...

ECO 601: Advanced Microeconomic Economic Theory and Policy 1

Advanced Treatment of the Theory of the Firm Technology of the firm Properties of the firm’s technology Profit maximization Weak axiom of profit maximization and...

ECO 602: Advanced Microeconomic Economic Theory and Policy 11

Extensive Treatment of Theory of Games Applications to the study of oligopoly models: classical and modern models Market Failures Externalities Public goods Asymmetric information Introduction...

ECO 603: Advanced Macroeconomic Theory and Policy 1

Theories of Economic Growth and Fluctuations: Solow Model Cross-country per capita income convergence Dynamic optimization and applications to dynamics of economic growth The new (Endogenous)...

ECO 604: Advanced Macroeconomic Theory and Policy 11

Techniques for dynamic analysis in general equilibrium models Asset pricing in general equilibrium Real business cycle models Optimal taxation in an intertemporal setting The design...

Elective Courses ECO 672: Research Methods II: Microeconometric Modeling

Advanced treatment of cross-sectional and panel data models Analysis of household surveys using STATA Poverty and inequality analysis and policy simulation Panel data models First...

ECO 606: Research Methods III: Time Series and macroeconometric modeling

Advanced treatment of time series econometrics Testing for stationarity Accounting for structural breaks in the data Cointegration and the estimation of error correction models ARDL...

ECO 692 PhD Thesis

The thesis must deal with a research problem chosen from the Candidate’s area of specialization. It must show familiarity with existing Literature and a mastery...