About Quantitative Economics [bs + Ms] in Eastern Michigan University (EMU)
Quantitative Economics (B.S. + M.S.) prepares students to pursue career opportunities in science, technology, engineering, mathematics (STEM) fields including business, government, and the nonprofit sectors. Students also receive an excellent foundation for success in Ph.D. programs in Economics and Public Policy. The Combined Quantitative Economics (B.S. + M.S.) is appropriate for students who wish to seek jobs in the private and public sectors that require data analysis skills or careers that require a Ph.D. in economics or a related field. Students completing the program will earn a Bachelor of Science in Quantitative Economics (BSQE) and Master of Science in Applied Econometrics (APEN) at the same time after completing 142 credit hours in approximately 5 years.
Learn
Economics is divided into three primary, interrelated sub-disciplines: Microeconomics, Macroeconomics, and Econometrics. Microeconomics studies how people, businesses, and government agencies use the scarce resources available to them (such as time, money, land, etc.) to achieve their objectives (such as earning income, making a profit, etc.). This involves the allocation of those resources among their different uses. Businesses and people make microeconomic decisions as they produce, sell and buy, and use the goods and services that people want or need. Macroeconomics studies the processes that determine the overall size of the economy, the factors that cause the economy to grow or shrink over time, and related problems like unemployment and inflation. Econometrics involves the use of statistical modeling to evaluate economic relationships, and provide public policy guidance. The Combined Quantitative Economics (B.S. + M.S.) emphasizes the skills developed in the quantitative applications of micro- and macroeconomics.
Opportunities
Students are encouraged to become involved in the Economics Club, a student-run organization that meets regularly to organize applications outside the classroom. Promising students are invited to join the Fed Challenge team, a student-team competition that competes with teams from other universities in a mock Federal Open Market Committee meeting. Students also have the opportunity to become members of Omicron Delta Epsilon, the national economics honor society. The department also offers several scholarships awarded to students annually.
Academic qualification equivalents
- Applicants must have passed high school
English language requirements
- IELTS : 6.0
- TOEFL IBT: 75
- PTE : 53
Eastern Michigan University (EMU) Highlights
| College Type |
Public |
| Endowment |
67.2 Million USD |
| Student Retention Rate |
73% |
| Work-study program |
yes |
| Mode of Program |
Full time; Part-time; online |
| Campus Housing Capacity |
22% |
| English language proficiency score |
TOEFL or equivalent |
| Financial Aid |
Available as grants, awards and scholarships |
| Admission Helpdesk |
admissions@emich.edu;
734 487-3060 |
Eastern Michigan University (EMU) Annual Cost to Attend
| Fee |
Cost |
| Michigan Resident Tuition |
$13,658 |
| Books and Supplies |
$1,000 |
| Other Fees |
$100 |
| Room and Board |
$10,370 |
| Budget for Other Expenses |
$2,438 |
| Total One Year Cost |
$27,566 |
| Fee |
Cost |
| Out of State Resident Tuition |
$13,658 |
| Books and Supplies |
$1,000 |
| Other Fees |
$100 |
| Room and Board |
$10,370 |
| Budget for Other Expenses |
$2,438 |
| Total One Year Cost |
$27,566 |
