Mar 28, 2024  
2019-2020 Graduate Catalog 
    
2019-2020 Graduate Catalog [ARCHIVED CATALOG]

Department of Applied Economics and Statistics


Applied Economics and Statistics

Telephone: (302) 831-2511
http://canr.udel.edu/apec/apec-graduate-programs/
Faculty Listing: http://canr.udel.edu/our-faculty/apec/

The Department of Applied Economics and Statistics administers graduate programs in Agricultural and Resource Economics, and Statistics.

 

Agricultural and Resource Economics (MS)

Program Overview

The program in Agricultural and Resource Economics leads to the Master of Science degree and offers students the perspectives and skills necessary to understand and work in the general fields of economics, resource economics, agricultural economics, environmental economics, applied economics, or agribusiness. Student completing this degree would also be prepared  to continue graduate work and obtain a PhD degree. Students completing the M.S. degree in Agricultural and Resource Economics will:

  1. Have a theoretical foundation in microeconomics and macroeconomics.
  2. Have a core set of coursework in quantitative applications from statistics, econometrics, regression, logistic regression, data management, and geographic information systems.
  3. Have exposure to additional coursework in agriculture economics, resource economics, environmental economics, and/or experimental economics, in addition to general economics.
  4. Have an opportunity to apply the course work in a thesis, applied research, or an internship (under the Decision Analysis Concentration).

Requirements for Admission

On a 4.0 system, applicants should have a G.P.A. of at least 2.5 and an average of at least 3.0 in economics, mathematics, and related areas. Applicants who have completed an advanced degree must have done so with a G.P.A. of at least 3.0. In addition, applicants must take the GRE Aptitude Test with at least a score of 1050 in quantitative math and verbal (with an emphasis on the quantitative) for the traditional test. Students taking the new GRE exam should have a minimum of 300 combined on verbal and quantitative reasoning. Students for whom English is not their first language must meet a minimum of 85 on the TOEFL IBT examination. Admission to the Agricultural and Resource Economics Program is based on selections made by the Department graduate committee in compliance with University policies and procedures. Admission is selective and competitive based on the number of well-qualified applicants and the limits of available faculty and facilities. Those who meet stated minimum academic requirements are not guaranteed admission, nor are those who fail to meet those requirements necessarily precluded from admission if they offer other appropriate strengths.

 

Applied Statistics (MS)

Program Overview

The M.S. in Applied will have some similarities with a traditional M.S. in Statistics, but will trade off depth in statistical theory with more hands-on applications and model building using a case study approach.  The “applied” aspect of our program will be focused on using real data and making real decisions in analysis. 

Students completing the M.S. degree in Applied Statistics will:

  1. Have a theoretical foundation in probability and mathematical statistics.
  2. Have applied applications in regression; design of experiments; logistic regression and models of counts; and multivariate methods.  There will be options for additional applied applications.
  3. Have exposure to various software including SAS, JMP, R and Python.
  4. Have the ability to analyze a variety of data and apply appropriate techniques based on the type of data and the objectives of the research through case study applications in the courses.
  5. Have an opportunity to apply the course work in an applied research project designed by the student in conjunction with an advisor.

Requirements for Admission

On a 4.0 system, applicants should have a G.P.A. of at least 2.5 and an average of at least 3.0 in mathematics and related areas. Applicants who have completed an advanced degree must have done so with a G.P.A. of at least 3.0. In addition, applicants must take the GRE Aptitude Test with at least a score of 1050 in quantitative math and verbal (with an emphasis on the quantitative) for the traditional test. Students taking the new GRE exam should have a minimum of 300 combined on verbal and quantitative reasoning.  Students for whom English is not their first language must meet a minimum of 85 on the TOEFL IBT examination. Admission to the Statistics Program is based on selections made by the department graduate committee in compliance with University policies and procedures. Admission is selective and competitive based on the number of well-qualified applicants and the limits of available faculty and facilities. Those who meet stated minimum academic requirements are not guaranteed admission, nor are those who fail to meet those requirements necessarily precluded from admission if they offer other appropriate strengths.

 

Statistics (MS)

Program Overview

The Statistics M.S. Program, provides a balance of a foundation in theoretical statistics, applied coursework in statistical techniques, and opportunities for application of statistical knowledge through the StatLab and internships with local companies. Students completing the M.S. degree in Statistics will:

1. Have a theoretical foundation in probability, mathematical statistics, and optimization.
2. Have a core set of coursework in practical applications in regression, design of experiments, and multivariate methods.
3. Have exposure to Statistical Consulting.
4. Have an opportunity to apply the course work in a thesis, applied research, or an internship.

Requirements for Admission

On a 4.0 system, applicants should have a G.P.A. of at least 2.5 and an average of at least 3.0 in mathematics and related areas. Applicants who have completed an advanced degree must have done so with a G.P.A. of at least 3.0. In addition, applicants must take the GRE Aptitude Test with at least a score of 1050 in quantitative math and verbal (with an emphasis on the quantitative) for the traditional test. Students taking the new GRE exam should have a minimum of 300 combined on verbal and quantitative reasoning.  Students who have taken another M.S. degree or who have 5 years of work experience may request the GRE requirement be waived.  Students for whom English is not their first language must meet a minimum of 85 on the TOEFL IBT examination. Admission to the Statistics Program is based on selections made by the department graduate committee in compliance with University policies and procedures. Admission is selective and competitive based on the number of well-qualified applicants and the limits of available faculty and facilities. Those who meet stated minimum academic requirements are not guaranteed admission, nor are those who fail to meet those requirements necessarily precluded from admission if they offer other appropriate strengths.

Programs

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