Curriculum for the Master of Science in Economics
CCU's M.S. Economics curriculum includes 10 online courses designed to prepare students to think critically using concepts and applications from economic theory. Each course is taken over a five- or seven-week time period, and the entire program can be completed in as little as 18 months. Weekly assignments are required, but the course design generally allows participants to complete coursework at the times and places that work best for them (prior to scheduled deadlines).
CCU students utilize Brightspace, a leading solution in electronic education, to participate in MBA classes that blend the latest in eLearning technology with the latest business theory and practice. Students in this master's in business program attend classes online, do research using the Internet, exchange emails, and participate in online discussions. Assignments and tests are submitted online for in-seat students as well as those taking their program online.
Highlighted courses
Students are required to complete 10 courses for the M.S. in Economics. Some of the foundational courses include:
- Econometrics (ECO 557). This course is based on quantitative analysis of various economic phenomena. Students will apply the models of econometrics to real-world examples, giving the quantitative models empirical context. Econometric models will be used to solve economic problems, explain economic relationships, and forecast future economic events.
- Economic Development (ECO 565). This course studies the economic characteristics of developing countries, the different models of economic development, the obstacles to economic development, and the policy and planning that it takes to make economic development happen. Students also look closely at poverty from a Biblical worldview and respond to the biblical command to care for the least advantaged.
- International Finance (ECO 620). In this course, students study theories of international economics to explore the international monetary system, open economy macroeconomics, and international financial stability. Specific topics include Balance of Payments (BOP), Balance of Trade (BOT), Foreign Direct Investment (FDI), contagion theory, exchange rate models, and government involvement in currency value determination.
- International Trade and Globalization (ECO 610). This course surveys both the neoclassical and the new trade theory arguments for open economies and free trade in a global capitalist system. Students become familiar with the debate between free trade and protectionism and are able to critically analyze the current trade policies in this country. Trade policies are applied to countries at various levels of development.