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Maestría en Economía

 

Subject
The Theory of General Equilibrium is the basic element of current economic analysis. It constitutes a summary of what is known about microeconomic theory. It is a starting point for research in all fields of economics, and a reference that serves to compare results. In this course lecturers focus primarily on the neoclassical approach. However, where relevant, lecturers extend the approach starting from experimental evidence and in psychology.
Credits In which semester it is offered
4 Second semester of the year
Subject
This is a compulsory course in macroeconomics for the Master's degree in Economics and one of the two compulsory courses of the macro sequence for the doctorate in Economics. In this course, advanced concepts for short-term macroeconomic analysis are presented. As such, the course focuses on the analysis of economic cycles, rigidities, and the design of stabilizing macroeconomic policies.
Credits In which semester it is offered
4 Second semester of the year
Subject
Econometrics deals with the data analyses that describe economic phenomena. To accomplish this, the course combines Economic Theory, Mathematical Economic Analysis, and Statistics. Economic Theory formulates questions, hypotheses and models mainly of a qualitative nature. Mathematical Economic analysis expresses the economic theory in the form of equations, without paying attention to the measurement or to the empirical verification of the theory. Statistics provides the models and methods that facilitate such empirical verification. The econometrist seeks to measure and prove empirically the hypotheses proposed by economic theory, making use of the equations proposed by mathematical economic analysis. This course covers the basic topics of Econometrics with a level oriented to advanced training students.
Credits In which semester it is offered
4 Each semester of the year
Subject
Game theory is the study of multi participant decision making problems that uses theoretical models to study the interactions between individuals who carry out a decision process. In game theory we study agents that interact strategically. The decisions that each player makes impact the rest of the players and him or herself. Therefore, when an agent is deciding what to do he or she also has to consider what other players do.
Credits In which semester it is offered
* 8 in total counting: Topics in Microeconomics, Macroeconomics, and Econometrics. First semester of the year
Subject
This is an elective course in macroeconomics for the Master's degree in Economics and one of the two compulsory courses of the macro sequence for the doctorate in Economics. In this course, advanced concepts for long-term macroeconomic analysis are presented. As such, the course focuses on the analysis of the process of economic growth and development, and economic policies that can promote the accumulation of factors necessary to sustain the growth of the economy in the long term.
Credits In which semester it is offered
* 8 in total counting: Topics in Microeconomics, Macroeconomics, and Econometrics. First semester of the year
Subject
Economists use information from agencies, institutions, and corporations in the public and private sectors. The information comes in three forms: time series, cross section and panel data. Time series data describe the movement of a variable over time, and may have annual, semiannual, quarterly, monthly, weekly, or even daily periodicity. The cross-sectional data describe the activities of individuals, companies, countries or other units at a given moment in time. Finally, the panel data combines the previous two, that is, describes the activities of each of the members of the same group of people, companies, countries or other units over time. This course examines three general classes of models that can be constructed from this information for forecasting purposes or policy analysis: time series models, limited dependent variable models, and panel data models. Each of these models involves a different degree of complexity and assumes a different level of understanding about the processes that are trying to be modeled.
Credits In which semester it is offered
8 in total counting: Topics in Microeconomics, Macroeconomics, and Econometrics. First semester of the year
Subject
Students can choose freely from the courses offered by the School of Economics.
Credits In which semester it is offered
4 Each semester of the year including Summer School
Subject
Students can choose freely from the courses offered by the School of Economics.
Credits In which semester it is offered
4 Each semester of the year including Summer School
Subject
Students can choose freely from the courses offered by the School of Economics.
Credits In which semester it is offered
4 Each semester of the year including Summer School

 

Subject
To support students in developing their thesis work, the Faculty has created a space for research workshops in which enrolled students have the opportunity to present their proposals and their development, as well as receive feedback from Faculty teachers and peer reviews. The Research Workshop topics are circumscribed to the following areas:
1. Contemporary macroeconomics and commerce.
2. Applied microeconomics.
3. Economics of industry, organizations and competition.
4. Behavioral and experimental economics.
5. Finance.
Credits In which semester it is offered
1 Each semester of the year
Subject
To support students developing their thesis work, the Faculty has created a space for research workshops in which enrolled students have the opportunity to present their proposals and their development, as well as receive feedback from Faculty teachers and peer reviews. The Research Workshop topics are circumscribed to the following areas:
1. Contemporary macroeconomics and commerce.
2. Applied microeconomics.
3. Economics of industry, organizations and competition.
4. Behavioral and experimental economics.
5. Finance.
Credits In which semester it is offered
1 Each semester of the year

The aim of the master thesis is to stimulate, on the part of the student, the study of a subject of interest in an individual and independent way Along these lines, the courses lays the necessary foundations so that the student can successfully carry out original research in the future. The master thesis seeks to provide students with a significant number of research skills, which include the ability to i) define a feasible research project taking into account time constraints and available resources; ii) develop an adequate research methodology; iii) make optimal use of the bibliographic resources available at the university; iv) access databases, understand their uses and limitations, and extract relevant and pertinent information; and v) work without the need of continuous and permanent supervision.

Subject
As its main objective, this lecture seeks to have among the professionals who enroll in their postgraduate studies at the Universidad del Rosario, to ponder on the tools and basic competences of learning, which they shall put into practice in their professional life. As such, this institutional subject provides the fundamental tools for graduate students to be able to detect strengths or weaknesses and build their personal academic project from the Rosarista project. In the framework of this class, the activities will be developed and transferred to the virtual platform of institutional learning, so it will be an entirely virtual subject. In this space, students will be able to browse online for content such as multimedia products, booklets and evaluation activities, freely, without restrictions and under the guidance of a virtual tutor. The subject is divided into the following study or learning modules: Historical Tour; Academic Support Tools; History and Institutional Project.
Credits In which semester it is offered
0 Each semester of the year
Total credits
Credits
37

LEVELING CYCLE

The Leveling Cycle is aimed at students who have insufficient training in mathematics, i.e., calculus, probability, statistics, and linear algebra. A levelling course is offered by the Undergraduate Program in Mathematics.

The Admissions Committee may exempt candidates from the completion of the leveling cycle and allow the direct entry to the Master’s program.

RESEARCH AND THESIS WORK

The master thesis seeks to provide students with a significant number of research skills, which include the ability to i) define a feasible research project taking into account time constraints and available resources; ii) develop an adequate research methodology; iii) make optimal use of the bibliographic resources available at the university; iv) access databases, understand their uses and limitations, and extract relevant and pertinent information; and v) work without the need of continuous and permanent supervision.

The aim of the master thesis is to stimulate, on the part of the student, the study of a subject of interest in an individual and independent way. Along these lines, the courses lays the necessary foundations so that the student can successfully carry out original research in the future.

The thesis work consists of two courses called Workshops, equivalent to 1 credit each and a master thesis. The purpose of these workshops is for students to have a guide on how to ask research questions, how to present an academic paper and to have oversight not only from their advisor, but also from the workshop director and the professors attending to the workshop. The workshops are offered in different areas (Experimental and Behavioral Economics, Industrial Organizations and Regulation, Macroeconomics, Applied Microeconomics, and Finance) and students are able to choose the one that most appeals to them in accordance with their research interest. Subsequently, each student is expected to submit a master thesis, equivalent to 3 credits.

Note: The Faculty reserves the right to adjust the curriculum.

The Master’s program consists of a full-time academic load over three semesters. The courses are taught during an academic semester with a duration of 16 weeks. A basic training in mathematics and statistics facilitates good performance during the program. Additionally, even though proficiency in English is not a requirement for admission, we recommend students to have sufficient knowledge of English since most bibliographies are and some classes are taught in English.

Term

The Master’s program has a full-time academic load of three semesters.

  • Program total credits: 37
  • Mandatory credits: 20
  • Elective credits: 12
  • Thesis work: 5
  • Hour intensity: 13