Foundation
courses for both M.A. programs are divided into three areas. They
represent the basic body of knowledge which all students must have
acquired by the time they enroll in the core courses for which these
courses are prerequisites. Foundation courses will be waived for M.A.
students who have taken equivalent courses in previous studies.
Foundation Area I: Economics
Students
must be familiar with the fundamentals of economic theory at the
intermediate level. The subject for this area is covered in:
- ECON - 311 Intermediate Microeconomics
- ECON - 312 Intermediate Macroeconomics
Foundation Area II: Mathematics
Students
must be prepared to apply calculus and linear algebra to equilibrium,
dynamic, and optimization models in economics. This subject is usually
covered in six (6) semester hours of college mathematics. At USF, the
subject is covered in:
- MATH - 109 Calculus and Analytic Geometry I
- MATH - 110 Calculus and Analytic Geometry II
Foundation Area III: Statistics
Students
must have a basic knowledge of Statistics, including hypothesis
testing, sampling, and probability distributions. These areas are
covered by:
- ECON - 120 Economic Methods