Specialization Head: Catherine Mann (firstname.lastname@example.org)
Business economists provide the rigorous analysis required for decision-making in all major aspects of business activity. A traditional corporate economist works within a large firm to provide careful economic analysis and statistically-based forecasts relevant to decisions on pricing, procurement, long-term investment and other matters. Consulting economists consider a wide range of topics including bank regulatory compliance, risk management, statistical sampling, federal tax and nontax policy, state and local tax policy, surveys and litigation support. A student's employability in this specialization will be enhanced by writing a paper. (Further information about careers in business economics is available HERE).
To earn this Specialization in Business Economics, students must complete 20 credits at IBS in fulfillment of the requirements listed below.
20 credits from the following categories as shown:
Group 1: Foundational (6 credits required)
||Foundations of Statistics and Econometrics II (2 credits)
||Applied Microeconomics I (2 credits)
||Applied Microeconomics II (2 credits)
Group 2: Econometrics (minimum 4 credits; 8 recommended)
||Forecasting in FIN & ECON (time-series econometrics) (4 credits)
||Empirical Analysis of Trade Policy (4 credits)
||Advanced Econometrics I (PhD level course) (4 credits)
||Survey of Advanced Econometric Techniques (2 credits)
||Information Management (2 credits) (later to be renamed "Analyzing Big Data I")
Group 3: Economics (4 credits required)
||Industrial Organization (4 credits)
||Game Theory & Economic Applications (4 credits)
||Advanced Microeconomics (PhD level) (4 credits)
Group 4: Electives (at least 6 credits)
Any selection below, or any course in Groups 1-3 not taken to fulfill other specialization requirements.
||Analyzing Big Data II (2 credits) (to be introduced in Academic Year 2013-14)
||Marketing Research: Design & Analysis (4 credits)
||Outsourcing and Off-Shoring (4 credits)
||Applied Business Cycle Analysis (3 credits)
||Economics of Innovation (4 credits)
||Intermediate Financial Accounting (4 credits)
||Central Banking (4 credits)
||Managing Government Debt and Deficits (4 credits)
||Management Communication (2 credits)
||Cost Accounting (offered at IBS partner institutions; highly recommended for those interested in transfer pricing).
- Students must be mindful that many electives require other courses as pre-requisites.
- If a student exempts from a course, the total IBS credits in Specialization remain the same. The student would take more courses under Group 4.
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