Master of Science in Economics

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The Master of Science in Economics Program of ASI is designed especially for those who wish to involve themselves with policies, and the planning and the implementations of the programs which aim primarily at the amelioration of economically backward communities and regions. Much emphasis is given to the study of the socio-cultural factors which influence economic activity and development.


Thus, its objectives, among others, are to enable the students to:

  1. have mastery of theories, tools of analysis, the philosophy and processes of the economy and the economic behavior of human beings;
  2. be grounded on culture through a deeper and integrated understanding of the existing socio-cultural factors that have complex ramifications with regards to the economy and economic behavior of human beings;
  3. have a holistic understanding of phenomena and perceptions that may have an influence on the economic organization and behavior of a community and country, in particular, and the world, in general; and,
  4. be creative in designing appropriate pioneering or innovative alternative tools, processes and philosophy of amelioration towards the realization of the “ECSOM” and eventually, of the Justice, Peace and Integrity of Creation.


Course RequirementsCourse No.Title of SubjectsUnits
Basic Subjects (18 units) Eco 223 Philosophy of Commitment to Total Human Development 3
Eco 224 Socio-Cultural Analysis I 3
Eco 225 Research Methods 3
Eco 226 Statistics 3
Eco 227 Phenomenological Research 3
Eco 228 Economic Analysis 3
Field of Specialization (24 units) Eco 230 Mathematics for Economists 3
Eco 231 History of Economic Thought with Economic Policies 3
Eco 232 Micro Economic Theory 3
Eco 233 Macro Economic Theory 3
Eco 234 Economic Development 3
Eco 235 Project Planning and Management 3
Eco 236 Alternative Economics 3
Eco 237 International Economics 3
Required Cognate (3 units) Eco 238 Environmental Economics 3
Cognates/ Electives (any one = 3 units) Eco 239 Econometrics 3
Eco 240 Economic Appraisal of Projects 3
Eco 241 Managerial Economics 3
Eco 242 Fiscal and Monetary Policies 3
Research   Requirement (9 units) Eco 246 Thesis Seminar 3
Eco 247 Thesis Writing 6
Total Number of Units57


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