Starting with the 2013-14 academic year, the department is offering a terminal master's (M.A.) degree that can be completed in 10 months. Additional information about this program is available at the website https://ma.eco.utexas.edu.
The department also offers two master's degrees to students enrolled in the PhD program: an M.A., which requires a thesis, and an M.S., which does not require a thesis but does require additional courses. Most people in the Ph.D. program qualify for an M.S. along the way but to actually receive it you'll need to file a form with the Graduate School (see the Graduate Coordinator for a copy). Those students who fail to pass the microeconomics and macroeconomics core examinations or the second year paper requirement can always choose this option.
Requirements Common to the M.A. and M.S.:
1. At least six hours in supporting work.
2. No more than six undergraduate hours in economics or supporting work; at most seven hours on a credit/no credit basis; 3.0 GPA in both economics courses and supporting work, to be computed separately.
3. Microeconomics I (ECO 387L.1)
4. Macroeconomics I (ECO 387L.2)
Requirements for the M.A.
1. Meet all requirements of the Graduate School (30 semester hours:
at least 21 hours at the graduate level).
2. Six hours of Master's Thesis courses.
3. No required courses may be taken on a credit/no credit basis.
Requirements for the M.S.
1. Meet all requirements of the Graduate School (36 semester hours:
at least 27 hours at the graduate level; at least 18 semester hours in economics;
2. Econometrics I (ECO 392M.2).
3. One field of specialization.
4. Either a second field or Econometrics II (ECO 392M.3).
5. No required courses may be taken on a credit/no credit basis.
A master's candidate needs to file a formal "Application for Candidacy" through the Graduate School. In applying for candidacy, the student must prepare a Program of Work, and in the case of M.A. students, identify a thesis supervisor and second reader. The application must be approved by the Graduate Advisor and the Graduate Dean.