The MAEP is an intensive three-semester program combining a strong foundation in economics with the management skills appropriate for students interested in careers as policy analysts and decision-makers in government, nonprofit institutions, international organizations, and the private sector. The core of the program provides a foundation in economic theory and its application, quantitative methods, and the basic tools of management analysis. The MAEP permits in-depth specialization in two policy and management fields drawn from courses offered in both the Economics Department and Boston University’s School of Management.

Program Structure
There is a required core of 6 courses. Four core courses are devoted to micro and macro economics and quantitative methods and two are in management, drawn from a short list of introductory Master of Business Administration courses and Economics Department courses. Students select two fields of specialization, consisting of two courses each. They also choose two elective courses. Specializations and elective courses in the School of Management are chosen to complement the Economics Department’s offerings. Qualified students may pursue an independent research program or a graduate internship program as one of these electives.

Course Requirements
Twelve full-semester graduate courses (48 credits), of which at least seven courses (28 credits) must be economics courses and at least two of the field courses must be economics courses.

Required Economics
EC 501 Microeconomic Theory
EC 502 Macroeconomic Theory
EC 507 Statistics
EC 508 Econometrics

*The course EC 505, Elementary Mathematical Economics, provides the essential mathematical background needed for the required courses. A determination is made whether it is appropriate to opt out of this course by taking the mathematics placement exam and by discussing their mathematical preparation with faculty advisors. EC 505 will count as one of the MA electives.

Required Management Methods Core
Two courses from the following:

AC 710 Financial Reporting and Control
FE 721 Financial Management

OB 712 Managing Individuals and Organizations
EC 552 Economic Organizations and Labor Markets
EC 572 Public Control of Business

Required Special Fields
Two fields of two courses
Economic Development
Finance
Health
Industry
International Trade and Finance
Labor & Organizational Behavior
Marketing
Money and Capital Markets
Public Economics
Markets and Regulation

Elective Courses
Two electives courses are intended to allow students to do further course work in their fields of specialization, explore additional topics within the program, or participate in an internship or an independent research project.

Graduate Internships
Up to 4 course credits can be earned through internship providing one-site working experience relevant to economics research and policy making.

Comprehensive Examination
A comprehensive examination that tests general knowledge of economic theory and quantitative methods is required.

Grade Requirements
All courses and the comprehensive examination must be passed with grades of B- or better. Students must have an overall grade point average of 2.85 in all courses taken after enrollment in the Graduate School of Arts and Sciences at Boston University. Two fields of specialization must be completed by passing two approved courses in each field and maintaining an average grade of B or better in each field.

Time Requirement
All courses and examinations must be completed within three years of the original registration in the Graduate School at Boston University.