Introduction to Master of Applied Economics Program
The Master of Applied Economics (MAE) program deeply integrates economic theories, data analysis and industrial practice. It strengthens students’ capabilities in economic problem diagnosis, data-driven decision-making and policy application. The program focuses on cultivating students’ economic thinking and empirical analysis ability, enabling them to apply modern economic analysis tools and data technology to extract value and judge trends from complex economic phenomena and data, and carry out systematic analysis and scientific decision-making on economic issues. Aligned with the strategy of appropriately diversifying Macao’s economy, and closely following the context of regional integration in the Guangdong-Hong Kong-Macao Greater Bay Area (GBA) and the evolution of the global economic landscape, the program is committed to cultivating senior applied economics talents who “command economics, excel in empirical research and exercise judgment”.
Graduates enjoy broad career prospects. They may work in government economic management departments, policy research think tanks, research departments of financial institutions, strategic departments of multinational enterprises, engaging in macroeconomic analysis, industrial planning research, policy effect evaluation, regional economic development research and other related work.
The normal program duration is two academic years, requiring the completion of 45 credits, including core courses (15 credits), elective courses (18 credits), and an independently accomplished thesis (12 credits).
The program has the following characteristics:
Keeping pace with economic globalization and regional development trends, the program builds a framework of “core theory + empirical methodology + scenario application”. It deeply integrates economic theories, cutting-edge econometric methods with real cases from GBA, cultivates students to use economic logic and data tools to solve practical economic problems, and improves their theoretical literacy and practical application abilities.
The program is equipped with abundant domestic and overseas professional economic and financial databases and academic resource platforms, supporting students to carry out in-depth empirical research and policy simulation analysis. It systematically trains capabilities in data processing, econometric modeling and decision simulation, providing comprehensive resource guarantee for high-quality academic research and project practice.
The program features core faculty members deeply engaged in various sub-fields of economics, while integrating interdisciplinary faculty resources from finance and management. We regularly invite renowned domestic and overseas scholars and senior industry experts to host thematic forums and lecture series. Focusing on cutting-edge topics such as macroeconomy and industrial development, these events help students broaden their academic horizons and deepen their understanding of economics.
Relying on MSB’s interdisciplinary resource advantages, the program offers a highly flexible elective system. Students can independently choose interdisciplinary courses in finance, management and other fields based on their career plans, build a personalized knowledge system, forge core competitiveness of “economics foundation + compound skills”, and adapt to diversified career development paths.
Competency Goals
CG 1. Demonstrate advanced knowledge and skills in business and economic management.
Students master intermediate-level knowledge and skills in general business and economics.
Students demonstrate expertise in both prescribed and self-selected specialized areas of business and economics.
CG 2. Exhibit intermediate critical thinking and analytical skills in solving business and economic problems.
Students identify and define complex problems and opportunities within specialized areas of business and economics.
Students demonstrate intermediate analytical skills by collecting relevant business data and applying appropriate quantitative techniques to derive insights.
Students interpret analysis results and formulate strategic recommendations for business and economic policies within their specialization.
CG 3. Demonstrate strong professional communication skills.
Students communicate effectively and clearly in oral presentations, maintaining logical coherence and an appropriate register.
Students convey ideas clearly and persuasively in written communication, ensuring logical organization and clarity.
Students select and utilize relevant multimedia and visual aids to enhance the effectiveness of their presentations.
CG 4. Develop a strong ethical perspective and understanding of ethical behavior in business and economic environments.
Students demonstrate comprehensive knowledge of ethical conduct and legal frameworks relevant to business and economics.
Students recognize ethical dilemmas in business operations and apply ethical models to propose and defend resolutions within specialized fields.
Students articulate the significance of corporate social responsibility and apply sustainable development models to propose and defend solutions.
CG 5. Demonstrate Global and Multicultural Perspectives.
Students understand, appreciate, and respect cultural diversity, collaborating effectively across international contexts.
Students analyze the implications of globalization in business and economics, integrating these insights into decision-making within their major areas.
