Applied Economics, Master of Business Administration (MBA)

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DePaul’s MBA concentration in Applied Economics gives students a deeper understanding of the fundamentals that govern economic activity. Students study the forces that drive markets and the economics of the decision-making processes of business and consumers in a market system. This concentration is particularly ideal for analytically focused, logically minded students who want to hone their problem-solving abilities.

Highlights

In this concentration, you will gain the knowledge, competencies and skills to:

  • Help businesses and organizations adapt to the ever-changing economic environment.
  • Relate the domestic and global economic outlooks to your business’s or organization’s markets, as well as advanced applications for bridging strategic analysis to financial forecasts and valuation.
  • Prepare and interpret forecasts for businesses regarding optimal pricing, sales and advertising, marketing policies, purchasing, industrial relations and investment and portfolio decisions.
  • Conduct empirical analyses of business and consumer decision-making.
  • Apply evidence-based methodology to inform decisions and policy.​​

Concentration Requirements

Course Requirements

To complete this concentration, students are required to complete three graduate-level Economics courses.  ECO 502ECO 509 and ECO 555 (if taken to satisfy core requirements) are not approved for use as MBA concentration electives. 

Depending on the student's specific interests, this concentration offers two possible tracks:

  • Applied Microeconomics and Policy Analysis; and
  • The Economic Environment.

Students can take classes from either track (or a mix from both) in meeting the three-course concentration requirement.

Applied Microeconomics and Policy Analysis

Course Title Quarter Hours
DATA ANALYTICS I: REGRESSION ANALYSIS
ECONOMICS OF THE PUBLIC SECTOR I
THE PUBLIC POLICY, BUSINESS, AND ETHICAL ENVIRONMENT OF GOVERNMENT
LABOR ECONOMICS AND LABOR RELATIONS
POLICY & REGULATION IN FINANCIAL MARKETS
STRATEGIC DECISION MAKING AND GAME THEORY
BUSINESS STRATEGY
STRATEGIES AND PROCESSES OF NEGOTIATIONS
BUSINESS MODELS AND INNOVATION STRATEGY
BEHAVIORAL ECONOMICS AND DECISION-MAKING
INTERNATIONAL TRADE THEORY & POLICY
THE BUSINESS OF HEALTH
HEALTHCARE DATA ANALYTICS
HEALTH ECONOMICS
SPECIAL TOPICS (MANAGERIAL HEALTH ECONOMICS)
SPECIAL TOPICS (CONGRESSIONAL RESEARCH FELLOWSHIP)

The Economic Environment

Course Title Quarter Hours
MONEY AND FINANCIAL SYSTEMS
BUSINESS CONDITIONS ANALYSIS
DEMYSTIFYING THE FEDERAL RESERVE BANK
POLICY & REGULATION IN FINANCIAL MARKETS
COMPETITION, STRATEGY AND ANTITRUST POLICY
INTERNATIONAL MACROECONOMICS