Master's Foundation Requirements

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