Elective Courses

MS-ECON students choose from a variety of elective courses offered in the spring and summer terms. Electives are typically taught by highly experienced professional economists with a substantial expertise in the topics they teach.

Students choose an appropriate sequence of elective courses based on the academic track they select: Standard (the default), Computational Economics, or Financial Economics. The Program Director will help students select courses that best suit their individual objectives.

Standard Track

Students choose eleven electives, including at least five quantitative courses, from the following list (quantitative courses are marked as [Q]):

Spring term

  • ECON 555 – Political Economy
  • ECON 557 – Advanced Data Analysis [Q]
  • ECON 561 – Labor Economics
  • ECON 562 – Industrial Organization
  • ECON 567 – Decision and Game Theory [Q]
  • ECON 571 – Financial Economics [Q]
  • ECON 576 – International Trade
  • ECON 579 – Open Economy Macroeconomics
  • ECON 585 – Behavioral Economics and Finance
  • ECON 586 – Microeconometrics [Q]
  • ECON 587 – Macroeconometrics [Q]
  • ECON 592 – Advanced Macroeconomics [Q]
  • ECON 594 – Empirical Asset Pricing [Q]
  • ECON 598 – Financial Regulation [Q]
  • ECON 599 – Computational Economics [Q]

Summer term

  • ECON 558 – Time Series Analysis
  • ECON 563 – Public Economics
  • ECON 564 – Environmental Economics
  • ECON 565 – Law and Economics
  • ECON 569 – Energy Economics and Policy
  • ECON 577 – International Finance
  • ECON 578 – Development Economics
  • ECON 580 – Labor Markets Institutions and Policy
  • ECON 588 – Urban Economics

Fall term

  • ECON 570 – Health, Aging and Insurance Markets
  • ECON 572 – Monetary Theory & Policy
  • ECON 581 – Business Cycles [Q]
  • ECON 582 – Empirical Industrial Organization [Q]
  • ECON 591 – Advanced Microeconomics [Q]
  • ECON 593 – Financial Econometrics [Q]
  • ECON 597 – Empirical Macroeconomics [Q]

Computational Economics Track

Students must take ECON 557 – Advanced Data Analysis and ECON 599 – Computational Economics. Additionally, they must choose two electives from the following list:

  • ECON 558 – Time Series Analysis
  • ECON 583 – Forecasting
  • ECON 586 – Microeconometrics
  • ECON 587 – Macroeconometrics

The remaining seven courses may be chosen from the standard list of electives.

Financial Economics Track

Students choose four electives from the following list:

  • ECON 571 – Financial Economics
  • ECON 593 – Financial Econometrics
  • ECON 594 – Empirical Asset Pricing
  • ECON 598 – Financial Regulation
  • ECON 577 – International Finance

The remaining seven courses may be chosen from the standard list of electives. The University’s schedules of classes for recent years may be viewed on Georgetown’s online schedule.