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University of Detroit Mercy,Department of Economics

 

Economics at UDM

Use the links below to see Economics programs available at University of Detroit Mercy.

Macomb University Center

A number of UDM Economics programs are available at the Macomb University Center, making it more convenient for students in that area to get a UDM degree.

Online courses

Online courses are coming soon (check back for updates).

  • The courses will run for seven weeks, for three credit hours
  • They will be completely online
  • The courses are accepted as part of the Econ curriculum

Click on the following link to learn more about ECONONLINE

Faculty

Get to know the University of Detroit Mercy Economics faculty

Master of Arts Degree in Financial Economics

The Master of Arts degree in Financial Economics focuses on the study of economics and financial principles related to U.S. and international financial systems. The program also provides a deep knowledge of history, institutions and world economy. As a liberal arts degree, the program also addresses moral and ethical issues related to the field of finance.

Upon completion of the graduate degree, you will understand:

  • how financial economics is integral to financial institutions, industry and government
  • international finance and its relationship to the U.S. economy
  • a variety of economic models as well as the moral and ethical implications of  economic decisions and options
  • the U.S. system of money, banking, and other business expertise
  • investments and U.S. government policy and financial systems
  • the relationship between the public and private sectors

Career Options

Careers in the financial economics area are becoming increasingly more sophisticated in both the private and public sectors and in government. A graduate degree in Financial Economics will prepare you to meet the more demanding career challenges in the increasingly complex financial institutions of a global economy. The graduate degree provides outstanding preparation for careers in law, government, business and finance.

Given the expanding needs of financial institutions with complex products and processes, there is a growing job market in the field of financial economics. According to the U.S. Department of Labor, Bureau of Labor Statistics, "overall employment of financial analysts and personal financial advisors is expected to increase faster than average for all occupations through 2014, resulting from increased investment by businesses and individuals."

Course Delivery

To provide greater convenience and flexibility, courses will be available in different delivery options:

  • traditional day and evening in-classroom format
  • online courses in seven-week format (two per semester)
  • one-week, intensive courses using in-classroom format

Program curriculum adheres to UDM's standards of academic integrity and intellectual merit.

The program is offered at University Center at Macomb Community College in Clinton Township.

Pre-requisites and Admission Requirements

In order to be admitted to the Master of Arts degree in Financial Economics, you must meet entrance requirements of UDM. You must also have completed a baccalaureate or advanced degree from a regionally accredited college or university with a cumulative GPA of 3.0 or better.

Degree Requirements

To obtain a Master of Arts degree in Financial Economics, you must successfully complete a minimum of 30 credit hours of required graduate-level Economics courses. In certain cases, additional prerequisites may be required.

Curriculum

All students will complete the following courses:

ECN 510/315
Economic Analysis of Enterprises

ECN 512/316
Analysis of Economic Conditions 3cr.

ECN 530
Economic Ideas in Perspective 3 cr.

ECN 540/305
Financial Economics 3 cr.

ECN 545
Economics of the Public Sector

ECN 546/385
Money and the Capital Markets

ECN 566/465
International Monetary Analysis 3cr.

ECN 585/376
Seminar in Monetary and Fiscal Policy

Electives

Plus two additional Economics electives from the following:
ECN 535
Contemporary Economic Systems 3cr.

ECN 564/464
Practical Issues in Financial Economics 3 cr.

ECN 565
Theory of International Trade 3 cr.

ECN 570/347
Economic Development 3 cr.

ECN 575
Resource Economics 3 cr.

ECN 595
Directed Studies/Special Topics 3 cr.

For course descriptions, please view the UDM online catalog (Archive Catalog 2002-2004).

Faculty

UDM's Economics faculty have significant academic experience as well as practical experience in the world of finance, economics and business. Specific areas of expertise include international and resource economics, financial institutions and public policy, and economic theory. The Economics department consists of seven faculty members with the addition of adjunct faculty when needed.

http://liberalarts.udmercy.edu/econ/

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