The objective of the Master's program in economics is to provide advanced training in the application of economic theory and quantitative methods for the analysis of economic problems and the design of economic policies. Candidates for the Master of Science degree in economics are required to complete eight courses (24 credit-hours) and a thesis. The program consists of three required core courses ECON 501 Microeconomic Theory, ECON 502 Macroeconomic Theory and Policy, and ECON 503 Econometrics I. In addition, the students must complete five elective courses in economics or a closely related field. Students who wish to complete the master’s program in economics who have completed an undergraduate degree in another field may be admitted to the program, subject to successfully completing selected prerequisite undergraduate economics courses.
Applications to the Master program at Department of Economics are accepted twice a year, prior to the beginning of each semester. All applicants for whom English is a second language may be required to pass an English proficiency examination, or present a recent TOEFL score above 525 for Masters Candidates. Those students whose 4-year university education is in English medium are not required to sit for the English proficiency examination. Bachelor's degree requirements for Master's level program are as specified in the program descriptions below.
Prospective applicants are required to fill out an application form available at the Registrar's Office, and submit the completed form, together with a letter of reference and an official transcript of all graduate and undergraduate coursework completed up to the time of application. Candidates, who are not citizens of the Turkish Republic of Northern Cyprus or the Republic of Turkey, are required in addition to submit a document of financial guarantee showing that sufficient funds are available for tuition and living expenses.
Graduates have a wide area of employment opportunities. Their knowledge and skills in economics as well as their good command of English and computer applications, as well as familiarity with global issues opens up employment opportunities in international organizations, multinational companies and public services and in private businesses.