Graduate Studies

Quantitative Economics
2020-2021

Please refer to the Quantitative Economics graduate program section for information including departmental contact information, list of graduate faculty members, program description, and course descriptions.

Bachelor of Arts in Economics/Master of Science in Quantitative Economics

Bachelor of Business in Economics/Master of Science in Quantitative Economics

Requirements for Enrollment
  • Completion of 60 semester hours of undergraduate coursework, of which a minimum of 30 s.h. must be at Western Illinois University
  • A minimum cumulative and major GPA of 3.25 OR
  • A minimum cumulative GPA of 3.0 with a minimum 3.3 GPA in the last 30 hours earned at WIU
Integrated Degree Program Description

Students in the integrated program are allowed to use nine semester hours of B-level and 500-level Economics and Decision Sciences classes to satisfy either the Bachelor of Arts in Economics and the Master of Science in Quantitative Economics or the Bachelor of Business in Economics and the Master of Science in Quantitative Economics degree. Students may choose from the following: ECON 581B, ECON 500B, ECON 504B, ECON 506B, ECON 507B, or up to three 400B elective course in Economics or Decision Sciences. The exact bridge courses are determined by the student’s undergraduate and graduate advisor. Students are strongly encouraged to use ECON 581B and/or ECON 503B as one or more of their bridge courses.

Integrated Degree Program Requirements

I. Core Courses: 18 s.h.

Macroeconomic Theory

ECON 500/500B Macroeconomic Theory and Policy (3)

Microeconomic Theory

ECON 504/504B Price Theory (3)

Quantitative Economic Techniques

ECON 506 Econometrics I (3)
ECON 507 Econometrics II (3)
ECON 581 Advanced Mathematical Economics (3)
DS 490G Statistical Software for Data Management & Decision-Making (3)

II. Select one of the following exit options: 12 s.h.

A. Thesis

Electives (6)
ECON 600 Thesis Research (3)
ECON 601 Thesis (3)

B. Internship

Electives (9)
ECON 599 Internship (3)

C. Non-Thesis/Non-Internship

Electives (12)

III. Required Assessment Exam (0)

ECON 603 Comprehensive Examination (0)

IV. Department Research Seminar

ECON 602 Department Research Seminar, 2 semesters (0)

TOTAL PROGRAM: 30 s.h.