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Graduate Mission Statement

Department of Economics

The University of Akron

A. Mission Statement

The mission of the Department of Economics is to provide excellent graduate education in economics. As one of the largest graduate programs in economics in Northeast Ohio the Department maintains a curriculum leading to a Master of Arts in Economics. The program emphasizes the development of theoretical and data analysis skills that can be used in the investigation of economic problems in a wide variety of settings. Students demonstrate these skills via both oral and written communications. The Masters program provides students with the necessary background to be successful in doctoral programs in economics and related fields, including law, and in pursuing careers in the public and private sector.

B. Admission Standards

  • For full admission you need to have a baccalaureate degree from an accredited college or university with an overall grade-point average of 2.75 or better or 3.00 for the last two years.
  • Students must have completed with a grade of C or better, intermediate level courses in microeconomics and macroeconomics.
  • Students must have completed at least one course in calculus and statistics.
  • Financial aid is available on a competitive basis which is judged by:
             - Three letters of recommendation
             - Students undergraduate
               academic record
             - Graduate Record Examinations
               (GRE) scores are highly
               recommended for
               international students
               requesting financial aid.

C. Fulfilling a State and Regional Need

In order for the State of Ohio and Northeast Ohio to be competitive in today's increasingly complex global economy, private businesses require their employees to have the skills to conduct high quality quantitative analysis. This expertise facilitates business decision making. Students graduating with a Masters degree in the economics department have these important economic and analytical skills. Furthermore, local and regional development agencies require expertise in economic analysis. With the department's emphasis on empirical economic analysis, our students are well-positioned to fulfill this need in our state and region.

D. Placement Objectives

Our placement objectives are twofold

  • For students that consider the Masters degree as their terminal degree, we place students in various branches of the government, local economic development agencies, local banks and insurance companies. Specifically, our recent graduates have been placed in the private sector in businesses like Progressive insurance, National City Bank, Sterling Inc., and Diebold and in the public sector in agencies such as the Ohio Department of Taxation, and the City of Akron - Office of Economic Development.
  • For students that are interested in continuing their studies in doctoral programs in economics and related fields, and in law, we help to place them in highly competitive schools. Our recent graduates have continued their studies in Ph. D. programs in economics in ohio State, michigan State, Texas, and Emory among others.

E. Date Posted

March 4, 2005
The University of Akron
302 E. Buchtel Mall, Akron, OH 44325
Current Press Headline: Freshman Applications Up 17%; Sizable Fall Enrollment Projected

Department of Economics
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Last modified: October 01 2007 16:09:07