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Master of Science in Behavioral and Computational Economics (MSBCE)

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» MASTER OF SCIENCE IN BEHAVIORAL AND COMPUTATIONAL ECONOMICS (MSBCE)

Program formerly known as Economic System and Design







Formed as an alternative to a more traditional theory-based degree, the Master
of Science in Behavioral and Computational Economics (MSBCE) pushes students to
use laboratory experiments, computer simulations and mathematical analysis to
study economic institutions and how they operate. This degree prepares students
to design, develop, test and implement efficient exchange systems in fields such
as stock trading, online auctions, scheduling, insurance and public utilities.

The program curriculum takes a unique hands-on approach. Students spend some
time with traditional study of economic systems, but the majority of their work
is on personal projects and experiments. Students are encouraged to use their
insights to create exchange systems they find personally interesting, and the
ESI professors support and work alongside the students throughout the program.

This program is for students with a strong mathematical or computational
background. Specifically, it complements the educational background of students
possessing or pursuing undergraduate degrees in business, economics, computer
science, mathematics and psychology.

The unique MSBCE program offers two options. Students who have completed an
undergraduate degree undertake a two-year master’s program. Students still
working on an undergraduate degree can take a five-year program that integrates
undergraduate and master’s degrees.


2-YEAR MASTER DEGREE PROGRAM (FOR STUDENTS APPLYING FROM DIFFERENT UNIVERSITIES)


Expand


PROGRAM INFORMATION

The 2-year Master of Science in Behavioral and Computational Economics program
is a unique opportunity open to anyone with a completed Bachelor’s degree and
strong mathematical or computational background.

GRADUATION REQUIREMENTS MSBCE

Click to view 2023-2024

Click to view 2022-2023

Click to view 2021-2022

Click to view 2020-2021

Click to view 2019-2020

 

For more information on the MSBCE degree requirements, please contact Cyndi
Dumas at dumas@chapman.edu or (714) 516-4513.


ADMISSION PROCESS

ADMISSION TO THE PROGRAM MAY BE ACHIEVED BY THE COMPLETION OF THE FOLLOWING
REQUIREMENTS:

 * Completed a bachelor's degree and the appropriate prerequisites at a
   regionally accredited institution with a cumulative GPA of 3.0 or higher AND
   prerequisite coursework or equivalent preparation with cumulative GPA of 3.5
   or higher.
 * Priority Deadline February 1, 2024. Regular Deadline May 31, 2024.
 * Apply Online Now
 * Remit the non-refundable application fee of $60, payable to Chapman
   University.
 * Submit official transcript from the baccalaureate degree granting institution
   only to: Office of Graduate Admission, Chapman University, Argyros Forum,
   Room 304, One University Drive, Orange, California 92866.
 * Submit one letter of recommendation from individuals familiar with the
   applicant's academic abilities.
 * Achieve an acceptable score on the Graduate Record Examination (GRE).
 * Complete an interview either in person or via Skype.
 * Foreign applicants who have completed their undergraduate degree outside of
   the United States may be required to achieve an acceptable score on the Test
   of English as a Foreign Language (TOEFL) or a minimum score of 59 on the
   Pearson Test of English (PTE Academic).

PREREQUISITES

Prerequisites (15 credits):

MATH 210

Multivariable Calculus*

3

CPSC 236 

CPSC 236 Visual Programming*

3

MGSC 406

Advanced Experimental Design and Statistics*

3

ECON 481

Economic Systems Design I*

3

ECON 567

Game Theory I

3

 

*Equivalent preparation may be used to fulfill these requirements. 

Math 210 (or equivalent course) and CPSC 236 (or equivalent course) must be
completed before entering the MSBCE program.

 

Subsequently, applications will be accepted until the class is full.


LEARNING OUTCOMES

 * Students will be able to describe and provide examples of the effective use
   of economic models and experimental procedures and demonstrate the ability to
   implement economic models in an experimental setting and effectively use
   analytic tools. (e.g. experiment software, Mathematica, statistical packages,
   etc.)
 * Students must be able to formulate appropriate models and hypotheses, analyze
   data effectively, and create useful depictions of data and theory.
 * Student will demonstrate effective written and verbal communication;
   understand the social impact of an economic problem in relation to existing
   literature, and articulate in homework, presentations and thesis the validity
   of the research methodology undertaken and the its position in the context of
   current research.
 * Students will be able to recognize interactive decision making environments
   in which participants have an incentive to strategically respond to one and
   other in order to achieve either competitive or cooperative goals. Students
   will be able to mathematically model those environments then use either
   analytical or computational methods to predict the behavior that might be
   observed when participants act in their own interests.


5 YEAR ACCELERATED BACHELOR/MASTERS DEGREE PROGRAM (AN OPTION FOR CHAPMAN
UNDERGRADUATES)


Expand


PROGRAM INFORMATION

The 5 year integrated MSBCE program is a unique opportunity open to all Chapman
University undergraduates or admitted transfer students with a strong
mathematical or computational background.

GRADUATION REQUIREMENTS INTEGRATED UNDERGRADUATE/MSBCE

Click to view 2023-2024

Click to view 2022-2023

Click to view 2021-2022

Click to view 2020-2021

Click to view 2019-2020


For more information on the integrated MSBCE requirements please contact Cyndi
Dumas at dumas@chapman.edu or 714/516-4513.


ADMISSION PROCESS

ADMISSION REQUIREMENTS:

 * Eligible students will have completed roughly 75 credits or more of their
   undergraduate coursework with a cumulative GPA of 3.0 or higher AND
   prerequisite coursework or equivalent preparation with a cumulative GPA of
   3.5 or higher.
 * Priority Deadline February 1, 2024. Regular Deadline May 31, 2024.
 * Apply Online Now.
 * Submit one letter of recommendation from an individual familiar with the
   applicant's academic abilities.
 * Achieve an acceptable score on the Graduate Record Exam (GRE).
 * Submit application for admission by May 31st after their junior year of
   college.
 * Complete an interview either in person or via Skype.

ADDITIONAL REQUIREMENTS FOR TRANSFER STUDENTS:

 * Be admitted at Chapman University in the undergraduate program of their
   choice.
 * Initiate communication with Admissions about interest in the integrated
   five-year undergraduate/MSESD program.
 * Foreign applicants who are transferring from another institution may be
   required to achieve an acceptable score on the Test of English as a Foreign
   Language (TOEFL) or a minimum score of 59 on the Pearson Test of English (PTE
   Academic).


PREREQUISITES:

Undergraduate Prerequisite Courses (18 credits):

MATH 210 Multivariable Calculus* 3 CPSC 236  Visual Programming* 3 MGSC 406
Advanced Experimental Design and Statistics* 3 ECON 481 Economic Systems Design
I* 3 ECON 567 Game Theory I 3 MGSC 532 Computational Economics** 3 ECON 582
Economic Systems Design II** 3

 

*Equivalent preparation may be used to fulfill these requirements.

Math 210 (or equivalent course) and CPSC 236 (or equivalent course) must be
completed before entering the MSBCE program.

**Credits must be completed during undergraduate study. 

Students must submit an application for admission by May 31st, after their
junior year in college.


LEARNING OUTCOMES

 * Students will be able to describe and provide examples of the effective use
   of economic models and experimental procedures and demonstrate the ability to
   implement economic models in an experimental setting and effectively use
   analytic tools. (e.g. experiment software, Mathematica, statistical packages,
   etc.)
 * Students must be able to formulate appropriate models and hypotheses, analyze
   data effectively, and create useful depictions of data and theory.
 * Student will demonstrate effective written and verbal communication;
   understand the social impact of an economic problem in relation to existing
   literature, and articulate in homework, presentations and thesis the validity
   of the research methodology undertaken and the its position in the context of
   current research.
 * Students will be able to recognize interactive decision making environments
   in which participants have an incentive to strategically respond to one and
   other in order to achieve either competitive or cooperative goals. Students
   will be able to mathematically model those environments then use either
   analytical or computational methods to predict the behavior that might be
   observed when participants act in their own interests.

 * Graduate Program
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PROGRAM INFO SHEETS

--------------------------------------------------------------------------------

MSBCE 2 year program

MSBCE 4+1 program

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