The Program
The MS program in Resource and Applied Economics at UNR is well suited for prospective
graduate students with interests in applications of economics to analyze:
- natural resource and environmental policy,
- public lands management,
- renewable energy,
- water resources,
- regional economics,
- agricultural economics,
- resource use and conservation,
- recreation,
- environmental valuation, and
- other related topics
Coursework and a variety of on-going research programs at the Department of Resource
Economics provide for an intellectually challenging and professionally fulfilling
environment. Graduate students may apply for graduate research assistantships (GRAs),
which provide students with opportunities to work closely with faculty on research
projects. The academic atmosphere is collegial and supportive, where students and
faculty have a high level of contact.
Students with bachelors degrees in economics or related fields as well as students
from other disciplines have succeeded in the MS program. Many of our alumni work
throughout the state of Nevada and elsewhere in satisfying careers in natural resource
and applied economics.
A solid preparation for the program includes 2 semesters of calculus; two semesters
of statistics, including regression or econometrics; and a calculus-based upper-level
undergraduate microeconomics course and/or a mathematical economics course. Students
who do not have this academic background can be admitted, though some preparatory
courses may be required.
The University of Nevada, Reno Graduate School
All Graduate programs at the University of Nevada, Reno are governed by Graduate
School requirements. Individual departmental and programs may include additional
requirements. Prospective and current students are expected to become familiar with
the University of Nevada Graduate School requirements, starting with the on-line
materials at http://www.unr.edu/grad/. Graduate School on-line materials include
all application forms and instructions, the Graduate Catalogue, information about
Graduate Research and Teaching Assistantships, and critical information for international
students.
Admission Criteria
Admission criteria for the Graduate Program includes (1) University of Nevada Graduate
School minimum standards, and (2) department-level evaluation of a student’s preparation.
Grade Point Average
The University of Nevada Graduate School requires a minimum incoming GPA of 2.75
from an accredited undergraduate institution for admission to Master’s programs.
The Graduate School will evaluate transcripts from institutions that are not accredited
in the U.S. or that are based on grading systems that do not correspond to a 4-point
standard, and calculate a GPA equivalence. This evaluation is done by the Graduate
School and not at the Department level. Any questions should be directed to the
Graduate School.
Once admitted, graduate students must maintain a minimum 3.0 cumulative GPA during
their graduate program. Failure to do so will result in the loss of any Graduate
Research Assistantships or Graduate Teaching Assistantships as well as being placed
on Academic Probation. Falling below a 3.0 for more than 2 semesters will result
in dismissal from the Graduate School.
Application Process
All required admission application materials are found on the Graduate School web
pages. These application materials are returned directly to the Graduate School.
The only application materials that are sent directly to the Department of Resource
Economics are (1) the application for Graduate Research Assistantship/Teaching Assistantship,
and (2) letters of recommendation, and letters of intent that describe the prospective
students’ research interests and background preparation.
Evaluation of Preparedness for Graduate Work in Economics
Success in the graduate program depends heavily on a student’s preparation. Experience
indicates that at a minimum, a well-prepared in-coming student will have completed
the following prior to starting their Master’s degree coursework:
- One, but preferably two semesters of calculus;
- Two courses in statistics, one including regression or econometrics;
- Intermediate, preferably advanced undergraduate microeconomics.
These guidelines are not designed to exclude prospective applicants; they are designed
to ensure that students will have the tools they will need to succeed. Applicants
with other disciplinary backgrounds are encouraged to apply. Through individual
advisement, courses can be selected to fill in gaps in preparation.
Two MS Program Options: Thesis and Non-Thesis
A. Thesis Program Requirements
Students complete at least 24 credits of acceptable graduate courses plus six (6)
thesis credits for a total of 30 credits. At least 18 credits (including the six
thesis credits) in the program must be earned at the 700 level.
At least 21 of these credits must be earned in on-campus courses at the UNR. A thesis
and comprehensive examination are required. The student will provide the department
with an electronic copy of the final version of the thesis.
B. Non-Thesis Program Requirements
Students complete at least 32 credits of acceptable graduate courses, which include
3 professional paper credits. At least 15 credits (including the 3 professional
paper credits) of the 32 total credits must be earned at the 700 level.
At least 23 credits must be earned in on-campus courses at UNR. The student will
provide the department with an electronic copy of the professional paper.
Program Requirements for Both Options
Satisfactory progress in the MS program requires completion of four core courses
(described below) by the end of the first year, and completion of remaining credits
and requirements by the end of the second year. Students take 1.5 to 2 academic
years to complete the program.
Core courses account for 12 credits of which from 6 to all 12 may be at the 700
level, depending on the options chosen (see core courses below). No more than six
credit hours of Independent Study or Special Projects will count towards the total
credit hours of course requirements.
Transfer Credits
Students may request to apply graduate credit earned at other accredited institutions
toward their MS degree at the University of Nevada, Reno by filing a A Credit Transfer
Evaluation Request Form, available online must be approved by the , available online.
The student’s director of graduate studies and the graduate dean must approve the
request. Only courses with a grade of "C" or better may be transferred to a master's
program.
For master's degree programs, transferred credits must conform to the time limitation
on master's work requiring completion within six (6) calendar years immediately
preceding the granting of the degree. No more than nine (9) credits completed either
prior to admission to a graduate program or transferred from another institution
may be applied to a master's degree.
Core Courses for the Master’s Program (12 credits)
Masters students take 4 core courses (12 credits) plus elective courses consistent
with their choice of thesis or non-thesis options. PhD core courses are accepted
for the Master’s program core. All courses are selected in consultation with the
Director of Graduate Studies or individual advisor, if assigned. As deemed beneficial
by the Director of Graduate Studies, remedial undergraduate courses may be required.
Options for Masters’ students:
Two Microeconomic Theory courses:
Choose one from:
RECO 710 – PhD microeconomic Theory I or
ECON 702 – Microeconomic Theory
And one from:
RECO 720 – PhD Microeconomic Theory 2 or
ECON 640 – Mathematical Economics, or
ECON 703 – Macroeconomics
Two Econometric/Quantitative Methods Courses:
Choose two from:
RECO 714 – Econometrics I
RECO 715 – Econometrics II
ECON 772 – Applied Econometrics
RECO 670 – Econometrics
Advisory and Examining Committee
The Department Director of Graduate Studies serves as the temporary academic advisor
to all graduate students. By the completion of twelve graduate credits, the student
selects a permanent advisor to chair the student's advisory committee. The student
and the permanent advisor arrange the appointment of the remaining members of the
student's advisory committee. This committee, the advisor, and the department director
of the graduate program together supervise the student's course of study.
NOTE: Students employed as Graduate Research Assistants (GRAs) have research supervisors
associated with their employment. The GRA supervisor, who may be assigned upon entry
to the program, is not the student’s academic advisor. While it may happen that
a student will request that their GRA supervisor become their academic advisor,
these are two different roles.
Advisory committees consist of at least three (3) members of the Graduate Faculty.
Two (2) faculty members, not necessarily from the student's department, represent
the student's area of specialization and one (1) faculty member is selected to serve
as the Graduate School Representative. Students may request the appointment of a
committee member from the faculty of another university or from a relevant discipline
or profession, provided the prospective member has achieved a record of distinction.
Formal approval of the student's advisory committee is made by the Graduate DeanThe
Graduate Dean makes formal approval of the student’s advisory committee.
All advisory committee members are involved in the approval of the student's program
of study, in the topic design of the thesis and in the conduct of thesis examinations.
All Graduate School forms, paperwork, and other correspondence regarding the academic
progress of all PhD students must continue to be routed through the Department of
Resource Economics Director of Graduate Studies, including after the selection of
a permanent advisor.
Sources of Funding for MS Students
A. Graduate School Requirements
Detailed information is available on-line at: Graduate Assistantships.
Teaching (TA) and research (RA) assistantships are offered through the students’
departments and are paid by either research grants or state funds. All graduate
students holding an assistantship are considered Nevada residents for tuition purposes.
Non-resident tuition is only waived for the duration of the assistantship.
Students interested in these positions must contact the department for specific
requirements. A full time graduate assistantship (20 hours per week) along with
a minimum of 6 credits of course work (9 credits for students on federal financial
aid) is considered full time. While the Graduate School cannot monitor outside or
additional employment for students on assistantships, such additional work is discouraged
as it may impede academic success and timely progress towards degree completion.
In some departments, acceptance of an assistantship is contingent upon agreeing
to limited additional employment. The Graduate School is responsible for approval
of graduate assistantships after a department has requested the initiation of a
contract. Teaching assistants receive special teaching-skills training through the
Graduate School.
All positions are contingent upon available funding.
To be eligible for an assistantship, the student must have an overall GPA of at
least 3.0 and must be continuously enrolled in at least 6 graduate level credits
throughout the duration of the assistantship. International students serving as
Teaching Assistants must meet a minimum Test of English as a Foreign Language (TOEFL)
score of 550 (paper version), 213 (computer version) and pass the SPEAK Test with
a score of 50.
B. Resource and Applied Economics Graduate Assistantships
Graduate Research Assistantships (RAs) and Graduate Teaching Assistantships (TAs)
are available through the Department of Resource Economics. The number of these
positions is limited. The first priority for allocation of these funds is to continuing
funded students who are making satisfactory progress in their academic work and
in prior GRA and GTA positions. Any additional positions are allocated to in-coming
students on the basis of their likelihood of successful completion of the graduate
program, and on level of preparation upon entry to the program. Students who enter
the program and are denied funding are in the pool to be considered for funding
in each subsequent year.
Who do I contact for more information about Resource & Applied Economics?
Dr. Kim Rollins, Associate Professor, Program Director
Phone: (775) 673-1677
e-mail: krollins@cabnr.unr.edu
Office: 220a Max Fleischmann Ag Bldg, UNR Campus
1664 North Virginia Street
Mail Stop 204
Reno, Nevada 89557