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Master of Arts in Economics, Data, and Policy (1 year)
Program Description

The MA in Economics, Data, and Policy (1 year) program is for students with at least four years of university education and a firm background in economics who would like to either prepare for a PhD or specialize in economic policymaking in only one year. The “Research (pre-PhD)” track prepares the students for a rigorous PhD in Economics or Finance, or a public or private sector job focusing on research and data analysis. The “Global Economic Policy” track gives students a broader view of economics and thus prepares them for public or private sector jobs related to economic policy and also for PhD’s in related fields like Development Economics, Public Policy, Labor Economics, and Political Science.

Entry Requirements for the Program

See the admission requirements on the website of the Department of Economics and Business.

Learning Outcomes

The program is intended to provide students with the skills required of a 21st century economist and prepare them for a broad range of careers from government and research to the private sector.

Upon completion of the program, all students are expected to possess the following skills:

  • Solid analytical foundations in microeconomics and macroeconomics
  • Command of basic statistical (data science) concepts and software needed to analyze economic data
  • Some familiarity with the economic policy process and ability to debate economic policy issues
  • The ability to communicate effectively in writing and via presentations

 Additional track-specific learning outcomes include:

  • Global Economic Policy track:
    • Familiarity with the institutional makeup of the global economy
    • Using the analytical tools of economics and statistics to evaluate or formulate economic policy
    • Understanding of the broader socio-economic and political economy context of policy making
    • Familiarity with pertinent issues in some sub-fields of economic policy making such as health, poverty, education, fiscal policy, etc.
  • Research (pre-PhD) track
    • Familiarity with advanced concepts and models in macroeconomics and microeconomics
    • Familiarity with advanced econometric methods with emphasis on causal inference
    • The ability to conduct original academic research in economics
Program level
Master’s
Degree awarded
MA
Program accreditation/registration
Program approved and registered by the New York State Education Department
Program subject to accreditation by the Agency for Quality Assurance and Accreditation Austria (AQ-Austria)
Country of accreditation
United States
Type of degree
CEU
Standard Program duration
1 year (10 months)
Start of the program
September
US degree credits
30
Austrian degree ECTS credits
60