Note: This is the 2022–2023 eCalendar. Update the year in your browser's URL bar for the most recent version of this page, or .
Program Requirements
The Master of Arts in Economics; Non-Thesis - Development Studies program provides graduate training in theoretical and applied economics, and in econometric methods. The focus of the research paper will be on international development issues.
Research Project (18 credits)
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ECON 650 Research 1 (3 credits)
Overview
Economics (Arts) : Preparation for work on M.A. thesis and M.A. research report.
Terms: Fall 2022, Winter 2023, Summer 2023
Instructors: There are no professors associated with this course for the 2022-2023 academic year.
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ECON 651 Research 2 (3 credits)
Overview
Economics (Arts) : Preparation for work on M.A. thesis and M.A. research report.
Terms: Fall 2022, Winter 2023, Summer 2023
Instructors: There are no professors associated with this course for the 2022-2023 academic year.
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ECON 680 M.A. Report 1 (3 credits)
Overview
Economics (Arts) : The M.A. Report must demonstrate the candidate's ability to do independent work at the graduate level in a particular field of economics. While length will vary with the subject matter, it is expected that on average reports will be about 50 pages long. The Report will be graded jointly by two members of the Department. The supervisor will normally be one of the examiners.
Terms: Fall 2022, Winter 2023, Summer 2023
Instructors: There are no professors associated with this course for the 2022-2023 academic year.
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ECON 681 M.A. Report 2 (3 credits)
Overview
Economics (Arts) : The M.A. Report must demonstrate the candidate's ability to do independent work at the graduate level in a particular field of economics. While length will vary with the subject matter, it is expected that on average reports will be about 50 pages long. The Report will be graded jointly by two members of the Department. The supervisor will normally be one of the examiners.
Terms: Fall 2022, Winter 2023, Summer 2023
Instructors: There are no professors associated with this course for the 2022-2023 academic year.
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ECON 682 M.A. Report 3 (3 credits)
Overview
Economics (Arts) : The M.A. Report must demonstrate the candidate's ability to do independent work at the graduate level in a particular field of economics. While length will vary with the subject matter, it is expected that on average reports will be about 50 pages long. The Report will be graded jointly by two members of the Department. The supervisor will normally be one of the examiners.
Terms: Fall 2022, Winter 2023, Summer 2023
Instructors: There are no professors associated with this course for the 2022-2023 academic year.
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ECON 683 M.A. Report 4 (3 credits)
Overview
Economics (Arts) : The M.A. Report must demonstrate the candidate's ability to do independent work at the graduate level in a particular field of economics. While length will vary with the subject matter, it is expected that on average reports will be about 50 pages long. The Report will be graded jointly by two members of the Department. The supervisor will normally be one of the examiners.
Terms: Fall 2022, Winter 2023, Summer 2023
Instructors: There are no professors associated with this course for the 2022-2023 academic year.
Required Courses (21 credits)
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ECON 610 Microeconomic Theory 1 (3 credits)
Overview
Economics (Arts) : This is the first in a two-course sequence in microeconomics. The core microeconomics sequence (ECON 610, ECON 611) provides a rigorous coverage of the economic foundation upon which economic fields are built. Most of the sequence is devoted to building up this foundation of consumer and firm optimisation (including choice under uncertainty), partial and general equilibrium, and welfare economics. The remainder of ECON 611 covers special topics that vary from year to year. These are likely to be drawn from the following: social choice; externalities and public goods; models of asymmetric information; the principal-agent framework; search; basic game theory.
Terms: Fall 2022
Instructors: Baumann, Leonie (Fall)
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ECON 620 Macroeconomic Theory 1 (3 credits)
Overview
Economics (Arts) : This course is the first in a two-course sequence in macroeconomics. The course offers a thorough treatment of the fundamentals of macroeconomic theory. Emphasis is placed on the construction of economic models with microeconomic foundations. Topics include market-clearing and non-market-clearing models, capital accumulation, business cycles, monetary policy and fiscal policy.
Terms: Fall 2022
Instructors: Barczyk, Daniel (Fall)
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ECON 634 Economic Development 3 (3 credits)
Overview
Economics (Arts) : A systematic treatment of the characteristics and problems of economic development in underdeveloped countries.
Terms: Fall 2022
Instructors: Grimard, Franque (Fall)
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ECON 661 Applied Time-Series and Forecasting (3 credits)
Overview
Economics (Arts) : Essential methods used in practical forecasting and modelling contexts: standard time series models for forecasting; non-stationary data; conditional variance forecasts; nowcasting macroeconomic quantities; density and probability forecasts; feasible forecast horizons; forecast evaluation and presentation.
Terms: Winter 2023
Instructors: Galbraith, John W (Winter)
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ECON 664 Applied Cross-Sectional
Methods (3 credits)
Overview
Economics (Arts) : With limited public resources, determining which programs, reforms, policies are beneficial, and at what cost, is crucial, and allows public policy to be driven by evidence. However, evaluating programs is made difficult by the “counterfactual problem”: one cannot observe the outcomes or behavior of a participant, had (s)he not participated. This course will describe the standard OLS model, its limitations, and an improvement (panel data models). This course will then present the state-of-the-art empirical techniques used by economists to address the counterfactual issue (randomized experiments, instrumental variables, difference-in-differences, regression discontinuity design; and time permitting selection models and matching). For each of these approaches, we will give the basic intuition, discuss the necessary assumptions, present the strengths and weaknesses, and analyze applications drawn from the literature. Moreover, each technique will be implemented by the students in hands-on Stata sessions.
Terms: Winter 2023
Instructors: Saltiel, Fernando (Winter)
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ECON 734 Economic Development 4 (3 credits)
Overview
Economics (Arts) : Problems of economic growth and planning in selected underdeveloped countries. Topics covered vary from year to year in response to student interests; growth, poverty and income distribution, LDC labour markets and institutions, trade and development, international debt problems, issues in trade policy.
Terms: Winter 2023
Instructors: Grimard, Franque (Winter)
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INTD 657 Development Studies Seminar (3 credits)
Overview
International Development : Special topics in international development studies.
Terms: Fall 2022
Instructors: le Polain de Waroux, Yann (Fall)
Restriction: Open only to students in the M.A. Development Studies Option.
Complementary Courses (6 credits)
Revision, July 2022. Start of revision.
3-6 credits from:
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ECON 662 Econometrics 1 (3 credits)
Overview
Economics (Arts) : A broad treatment of linear methods: OLS, GLS, and IV mainly, and show how to apply the bootstrap to these models, with particular reference to parametric specification testing, and diagnostic testing (autocorrelation, heteroskedasticity, normality, parameter constancy).
Terms: Fall 2022, Winter 2023
Instructors: Davidson, Russell (Fall) Chaudhuri, Saraswata; Wang, Endong (Winter)
Restriction: Not open to students who have taken ECON 662D1/D2
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ECON 663 Econometrics 2 (3 credits)
Overview
Economics (Arts) : Topics include: non-linear regression, maximum likelihood, generalised method of moments (GMM), and non-stationary processes, basically tests for unit roots and cointegration.
Terms: This course is not scheduled for the 2022-2023 academic year.
Instructors: There are no professors associated with this course for the 2022-2023 academic year.
Prerequisite: ECON 662
Restriction: Not open to students who have taken ECON 662D1/D2
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ECON 665 Quantitative Methods (3 credits)
Overview
Economics (Arts) : A survey of quantitative methods frequently used in economic research. Special emphasis will be placed upon the formulation and evaluation of econometric models. Illustrations will be drawn from the existing empirical literature in economics. Required for all Ph.D. students who have not taken Econometrics as a field.
Terms: Fall 2022
Instructors: Grimard, Franque (Fall)
0-3 credits of courses at the 500, 600, or 700 level, as determined by the student's area of study.
Revision, July 2022. End of revision.
Faculty of Arts—2022-2023 (last updated Aug. 25, 2022) (disclaimer)
