Master of Applied Economics

Accepting Applications for Fall 2016

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 UCLA Econ MAE
Designed by UCLA’s world-class faculty, in consultation with career specialists,
the Master of Applied Economics program will prepare its students to prosper in an
increasingly complex and opportunity-rich global economy. Students will master
rigorous economic analysis and firmly develop techniques for accurately
interpreting cutting-edge research for real-time, real-world application.
Graduates of the program will be able to examine pressing global economic issues
to help decision makers strategize effective and successful policies in corporations
and government institutions.

Invest in Your Net Worth

Table of Contents:
Cover
UCLA Econ MAE - 1
Curriculum - 2
Faculty - 3
LA & UCLA - 4
UCLA Alumni Network - 5
Apply - 6
Back Cover & Contact Us
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 Curriculum
Integrating theory and application, the MAE is an intensive, full-time, 9-month
program providing students with impactful interactions with renowned faculty,
policy makers and industry executives. This program also includes a strategically
selected blend of unique communication courses allowing students to structure
and communicate powerful, effective economic arguments to colleagues,
board members, investors and the public at large.

Fast Track Your Future Success

Economists in Action:
This spring, students will learn how
Spring : Electives economic theory maps into
Expand Your • Money and Banking
Economic Expertise policy-making. Renowned and influential
• Macroeconomic Implications
of Globalization policymakers from central banks,
Winter: Application
Apply Your Expertise To • Economics of Entrepreneurship economics ministries, and international
• Applied Microeconomics • Environmental Economics
Global Economic Concerns organizations will lecture on today’s most
Fall : Theory • Applied Macroeconomics • Financial Crises and
• Practicing Econometrics: Exchange Rate Forecasting compelling policy-relevant topics.
• Microeconomic Theory
• Macroeconomic Theory The Nuts and Bolts of • Economists in Action Students will complete a capstone
Explore Your Passions
• Introduction to Statistical Cutting-Edge Empirical Work • And More!
With Elective Courses project that fully engages the economic
Methods and Econometrics • Communications in
Business Contexts theories explored in lecture.
• Communicating Effectively
* Tentative schedules
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 Aaron Tornell, Professor
and Director of the Master of Applied Economics
Field(s): International Economics, Financial Economics.
Research: Aaron Tornell’s current research focuses on two areas:
exchange rate forecasting, as well as lending booms and economic crises.

Learn from Thought Leaders Although random-walk beats most exchange rate forecasting models
based on fundamentals, there are many instances in which exchange rates
are predictable. Dr. Tornell’s research studies exchange rate predictability
Connecting Research to Real-World and its causes. His research on boom-bust cycles analyzes empirical
patterns observed across both emerging and developed countries,
Issues and Trends proposes theoretical explanations, and uses them to evaluate the effects
of regulation and central bank policy on volatility and growth.

Kathleen McGarry, Professor and Chair

Faculty and Research Field(s): Economics of Aging and Health, Labor Economics, Econometrics.
Research: Kathleen McGarry's research focuses on the well-being of the
elderly with particular attention paid to public and private transfers,
including the Medicare and SSI programs, and the transfer of resources
UCLA’s esteemed faculty is celebrated and praised for their academic within families. Her research combines work on the financial aspects
of aging with issues related to health economics to examine
excellence, pioneering research and impactful contributions to economics. insurance coverage among the elderly. She has studied the long term
Working alongside UCLA’s premier senior faculty, MAE students will gain care, health, and life insurance markets, as well as the role played by
families in providing insurance for their least well-off members.
opportunities to build meaningful relationships and develop, test and apply McGarry's current work analyzes the importance of end of life medical
expenses, particularly expenses associated with nursing homes and
their MAE in-depth knowledge base to pressing economic challenges. home health care, and differences in spending by disability status.

Andrew Atkeson, Stanley M. Zimmerman

Professor of Economics and Finance
Field(s): Macroeconomics, International Economics
Research: Andy Atkeson’s research focuses on macroeconomics and
finance. He has had a longstanding research focus on sovereign debt,
on dynamic contracts, on the special role of money in leading to the
segmentation of financial markets, and on the role of firms in shaping
macroeconomic dynamics.

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 Live in One of the World’s Most Influential Cities
Life in Los Angeles and at UCLA
Residing in one of the world’s top-ranked economies, Los Angeles hosts
countless multinational corporations in diverse sectors including banking,
finance, consulting, business, international trade, entertainment, automotive,
technology, education, and more. UCLA is a globally recognized university
where sunshine, creativity, and prestige continuously radiate throughout our
historic and iconic campus. MAE students are welcomed and deeply immersed
in the vibrant academic and cultural experience.

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 Become a Part of the GLOBAL Bruin Family

UCLA Alumni Network

Bruin pride runs deep and flows across generations. UCLA’s 400,000+ alumni
network spans across the globe in all industries and at all levels. Join our
worldwide family to explore meaningful connections and endless opportunities.

13 Nobel Prize Winners in diverse areas, including Economics

For every $1 the state invests, UCLA returns $34 in economic activity
More than 140 top tier companies created based on technology developed at UCLA
Almost 3,000 inventions resulting from UCLA research
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251 Olympic medals
Admissions
Take Your Next Step

Submit your application for UCLA Master of Applied Economics Application Checklist
inaugural class by March 1 at 11:59PM PST in order to be
considered for the 2016 -2017 academic year. Official academic records
GRE scores *
TOEFL or IELTS scores (if applicable)*
UCLA Department of Economics Statement of purpose
Master of Applied Economics Supplemental questions
8282 Bunche Hall, Box 951477
Resume/CV
Los Angeles, CA 90095
(310) 206 -1412
Two letters of recommendation
mae-office@econ.ucla.edu Application fee
http://master.econ.ucla.edu/ *GRE/TOEFL exams must be taken by February 1, 2016.
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Contact Us
UCLA Department of Economics
Master of Applied Economics
8282 Bunche Hall, Box 951477
Los Angeles, CA 90095
(310) 206 -1412
mae-office@econ.ucla.edu
http://master.econ.ucla.edu/