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The Applied Master's degree teaches students skills that are useful for a professional economist. The core courses are totally separate from the Ph.D. courses, enabling a focus on tools used by practicing economists. These tools emphasize the use of statistical estimates of economic relationships, instead of the traditional mathematical emphasis of a Ph.D. program. The program consists of learning statistical tools and communicating economic concepts. Due to the high degree of interaction the program is kept to a small number of students; typically only 20 Masters students are admitted each year, thus there is a high degree of interaction among students.
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“Without a doubt, going through the
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