MA in Development Economics
Economic development remains a critical issue for more than three-quarters of the world’s population who reside in countries classified as “low income” or “middle income.” The causes and consequences of economic development remain contested issues. This degree considers the changing global, regional and national contexts for economic development; the policy lessons that can be learned from comparative studies; and the tools required to enable development economists to contribute to the development process.
The enormous transformations that are taking place today in the countries of the South provide the focus of the degree. Students are challenged to analyse topics such as the reasons for the emergence of new economic powerhouses in the South such as China and India as well as the enduring issues of poverty and inequality.
The program includes core courses in Globalization and Development, Macroeconomic Policy for Development, Applied Econometrics and Poverty, Inequality and Development. The Economics Department also has particular expertise in the areas of Environmental Economics and Health Economics and offers electives in these areas. Students are also required to complete a MA Thesis or an MA Project which allows students to apply the tools of economic analysis to a development issue.
Economic development cannot be studied in isolation from other dimensions of development. An understanding of poverty, for example, requires not only economic analysis, but also an understanding of the insights provided by other social and health sciences. The training of a development economist must therefore expose students to interdisciplinary approaches to development.
By covering theory, policy and applied analysis, as well as integrating insights from other disciplines, the MA program well equips students to work as economists in government and international agencies as well as in the private sector.
The course of study is composed of a minimum total of 24 credit hours of work for the project option and a minimum of 27 credit hours of work for the thesis option. First, students are required to complete 5 courses totaling 15 credit hours. Second, students are required to produce (i) both a detailed project proposal and bibliography and to defend, in a formal oral examination, a 9-credit project of a maximum of 50 pages in length or (ii) a detailed thesis proposal and to defend, in a formal oral examination, a 12 credit thesis of a maximum of 75 pages.
Applicants to the UNBC Development Economics MA program must follow the admission requirements outlined in Section 1.0 of the UNBC Graduate Academic Calendar. Applicants normally should have a four-year undergraduate degree that is equivalent to a UNBC degree in Economics. In addition to these requirements, applicants must also provide a sample of written work (usually a senior-level undergraduate essay or research paper) as part of their application.
Entrance to the MA will be competitive: only applicants with a record of excellence in undergraduate work, strong letters of academic recommendation, and strong letters of intent will be considered. In their letters of intent, applicants should demonstrate evidence of interest in the MA’s areas of specialization (Development Economics).