CED 1990. Elective. (1-4 Hours)
Offers elective credit for courses taken at other academic institutions. May be repeated without limit.
CED 2990. Elective. (1-4 Hours)
Offers elective credit for courses taken at other academic institutions. May be repeated without limit.
CED 3990. Elective. (1-4 Hours)
Offers elective credit for courses taken at other academic institutions. May be repeated without limit.
CED 4990. Elective. (1-4 Hours)
Offers elective credit for courses taken at other academic institutions. May be repeated without limit.
CED 6010. Applied Microeconomic Theory 1. (3 Hours)
Covers decision theory, theory of the firm, and consumer behavior; introduction to general equilibrium theory and welfare economics; game theory, including extensive form solution concepts, bargaining, and repeated games; and information economics, contract theory, and mechanism design.
Prerequisite(s): CED 6050 with a minimum grade of C-
CED 6011. Applied Microeconomic Theory 2. (3 Hours)
Examines important features of applied economics, the study of economics in relation to real-world situations. Familiarizes students with the day-to-day application of these concepts.
Prerequisite(s): CED 6050 with a minimum grade of C-
CED 6020. Applied Macroeconomic Theory 1. (3 Hours)
Develops a coherent framework for analyzing the determination of macroeconomic variables such as national output, unemployment, interest rates, government debt, and inflation. Explores the link between economic theory and current economic policy. Offers students an opportunity to learn the tools to analyze current macroeconomic policies.
Prerequisite(s): CED 6050 with a minimum grade of C-
CED 6021. Applied Macroeconomic Theory 2. (3 Hours)
Presents several theoretical approaches to short-run economic instability and long-run economic growth. Examines macroeconomic issues. Offers students an opportunity to demonstrate mastery of basic analytical skills, including a detailed study of inflation and unemployment.
Prerequisite(s): CED 6020 with a minimum grade of C-
CED 6030. Mathematical Methods for Economics 1. (2 Hours)
Covers applications of mathematics to economics: functions, simultaneous equations; linear models and matrix algebra; determinants, inverse matrix, Cramer's rule; differentiation and optimization of functions of one or more variables; quadratic forms, characteristic roots and vectors, constrained optimization; and interpretation of the Lagrange multiplier. Applies techniques to examples from the theory of the firm and consumer behavior.
CED 6031. Mathematical Methods for Economics 2. (3 Hours)
Covers applications of mathematics to economics. Includes differentiation, optimization, matrix algebra, and an introduction to data envelopment analysis.
Prerequisite(s): CED 6030 with a minimum grade of C- ; CED 6050 with a minimum grade of C-
CED 6040. Applied Econometrics 1. (3 Hours)
Studies statistical tools used to estimate economic relationships. Discusses the linear regression model. Introduces topics relevant to the analysis of economic data, including instrumental variables, discrete choice modeling, panel data analysis, and program evaluation.
Prerequisite(s): CED 6050 with a minimum grade of C-
CED 6041. Applied Econometrics 2. (3 Hours)
Delves into advanced topics in econometrics. Includes multiple regression models, time series data, panel data models, and causality in regression analysis.
Prerequisite(s): CED 6040 with a minimum grade of C- ; CED 6050 with a minimum grade of C-
CED 6050. Integrated Economics and Finance. (3 Hours)
Explores introductory material in economics and statistical packages relevant to graduate studies. Covers basic concepts of micro- and macroeconomics, statistics, and R and Python programming.
CED 6051. Open Economy Macroeconomic Analysis. (3 Hours)
Examines key issues in macroeconomics in the context of an open economy. Includes trade restrictions, balance of payments, exchange rate systems, and macroeconomic policies.
Prerequisite(s): CED 6050 with a minimum grade of C-
CED 6120. Environmental Economics and Public Policy. (3 Hours)
Analyzes efficient allocation of environmental resources and the impact on commerce and economic development. Includes additional topics such as the negative impact of economic activities on air and water with consideration of effective public policy. Explores current issues—such as global warming, habitat and species protection, etc.—and requires consideration of worldwide approaches and solutions to international problems.
Prerequisite(s): CED 6050 with a minimum grade of C-
CED 6130. Sustainable Economic Development. (3 Hours)
Addresses the economics of balancing development and environmental impacts in the context of meeting current and future human needs while protecting the environment. Considers challenges and strategies in both developed and developing economies. Beginning with the market failure resulting from not including environmental impacts in cost calculations, this course explores the competing models of economic development, the environment, and population growth.
Prerequisite(s): CED 6050 with a minimum grade of C-
CED 6140. Economics of Digital Commerce. (3 Hours)
Uses theory and analysis of traditional industries to help understand the growth and future of electronic commerce. Includes relevant topics from industrial organizations, including monopoly pricing, price discrimination, product differentiation, barriers to entry, network externalities, and search and first-mover advantages. Discusses several e-industries, including extensions and applications of the underlying economics, drawing analogies to previous technological revolutions, bubbles in asset markets, and the macroeconomic effects of the Internet.
CED 6150. Risk Analytics in Finance and Economics. (3 Hours)
Focuses on data analytics in the context of finance and financial risk management. Covers a range of methods for decision-making under uncertainty, from fundamental statistical techniques to advanced machine learning algorithms. Compares predictions on varying data scales and studies implementation techniques for data analysis.
Prerequisite(s): CED 6050 with a minimum grade of C-
CED 6210. Economic Perspectives in Managerial Finance. (3 Hours)
Examines the knowledge and tools needed for informed investment and financing decisions. Topics include capital markets, advanced capital budgeting, decision making under uncertainty, asset pricing models, contingent claims models, capital structure, dividend policy, mergers, restructuring, corporate control, and exchange rate systems and international finance.
Prerequisite(s): CED 6050 with a minimum grade of C-
CED 6220. Global Financial Economics. (3 Hours)
Introduces the international financial and monetary system, emphasizing currency markets. Examines market instruments and techniques, including synthetic and derivative securities, and their application to managing currency risk in international trade and finance.
Prerequisite(s): CED 6050 with a minimum grade of C-
CED 6230. Quantitative Methods. (3 Hours)
Explores the development, testing, and application of multiple regression models in financial, economic, and business analysis and forecasting. Covers statistical concepts, probability concepts, probability distributions, sampling, hypothesis testing, time series analysis, and multifactor models. Topics are organized around the requirements of the "quantitative methods" portion of the CFA Level I exam.
Prerequisite(s): CED 6050 with a minimum grade of C-
CED 6240. Financial Ethics. (3 Hours)
Studies ethical problems in business and finance and lays the foundations for decisions involving ethical issues. Topics include ethical concepts including personal integrity, financial industry ethical norms, and company loyalty and responsibility conflicts as they impact decision processes in the functional areas of finance. This course organizes topics around the requirements of the ethics portion of the Chartered Financial Analyst® Level I exam.
Prerequisite(s): CED 6050 with a minimum grade of C-
CED 6250. Risk Management: Derivatives and Alternative Investments. (3 Hours)
Introduces the mechanics of derivatives markets and types of available derivatives investments. Examines the fundamentals of the futures markets, hedging strategies using futures, the SWAPs market, and the mechanics of the options markets. Topics are organized around the requirements of the derivatives portion of the Chartered Financial Analyst® Level I exam.
Prerequisite(s): CED 6050 with a minimum grade of C-
CED 6260. Credit Risk Management. (3 Hours)
Focuses on the measurement and management of risk arising due to nonpayment of obligations, balancing contemporary theory and industry practices. Organizes topics around the requirements of the credit risk portion of the Financial Risk Manager® and Professional Risk Manager™ examinations.
Prerequisite(s): CED 6050 with a minimum grade of C-
CED 6270. Economics of Entrepreneurial Innovation. (3 Hours)
Examines how economists have approached the phenomenon of entrepreneurship, from its behavioral foundations to its effects on economic growth and progress. Explores the role of entrepreneurship in theory and policy. Emphasizes its cultural, legal, and political determinants.
CED 6271. Economics of Technological Innovation. (3 Hours)
Examines comprehensively the economics behind technological innovation. Focuses on how market structures and intellectual property rights influence inventors and the innovation process. Explores the creation and diffusion of ideas, the economic and policy frameworks that encourage innovation, and the global flow of technological advancements. Integrates theoretical models with case studies to provide insights into the economic impact of innovation incentives and intellectual property laws. Engages with critical analysis and economic strategies that drive technological progress.
CED 6280. New Product Development in Digital Finance. (3 Hours)
Explores in-depth new product development. Focuses on the burgeoning field of digital finance. Examines principles of creating innovative financial products and services in a digital landscape, including unique value propositions of digital finance, market analysis specific to fintech, and prototyping and rapid development techniques. Emphasizes the intersection of finance, technology, user experience design, and skills needed to develop solutions that meet the evolving needs of the digital economy.
CED 6310. Network Analytics and Machine Learning in Finance. (3 Hours)
Introduces the concepts of networks and social network analysis. Examines how to create visual representations of networks using software, perform basic network analytics, and understand real-world industry applications. Emphasizes practical skills in visualizing and analyzing networks while exploring the potential of network analytics in diverse sectors.
Prerequisite(s): CED 6050 with a minimum grade of C-
CED 6910. Capstone: Master’s Project. (4 Hours)
Explores theoretical, methodological, and empirical issues concerning critical problems in the development of economic activity. Designed to motivate and frame the application of socioeconomic and financial data science and the declared student's concentration to developing problems in interdisciplinary applied economics and finance. Expects students to delve into economic thought to prepare and apply appropriate high-quality social science research methodology to present insight into an issue of business and social importance.
Prerequisite(s): CED 6030 with a minimum grade of C- ; CED 6040 with a minimum grade of C- ; CED 6050 with a minimum grade of C-
CED 6962. Elective. (1-4 Hours)
Offers elective credit for courses taken at other academic institutions. May be repeated without limit.
CED 6983. Special Topics. (1-4 Hours)
Covers special topics within the realm of commerce and economic development. May be repeated up to four times for a maximum of 20 semester hours.
Prerequisite(s): CED 6050 with a minimum grade of C-
CED 6995. Project. (1-4 Hours)
Offers students an opportunity to participate in a focused project experience, allowing them to conduct in-depth research or to produce a tangible product related to dominant topics in economic analysis, tech innovation, financial analytics, and financial risk management. Emphasizes real-world applications, data-driven methodologies, and interdisciplinary approaches in a highly experiential course format. Examines case studies, simulations, or research projects that replicate and extend existing models, methods, and algorithms in students' chosen area of specialization. May be repeated up to four times.
Prerequisite(s): CED 6040 with a minimum grade of C- ; CED 6050 with a minimum grade of C-