Short answers, pulled from the story.
A Master of Economics (MEcon or MEc) is a postgraduate master's degree comprising training in economic theory, econometrics, and applied economics. Core curriculum typically includes microeconomic theory, macroeconomic theory, and econometrics, with topics such as dynamic stochastic general equilibrium, multiple linear regression, and generalized linear models. Game theory and computational economics are also commonly included.
The course of study for a Master of Economics lasts from one to two years, depending on the institution and the program's focus. Some universities in the United States award the degree "en route" during a PhD program rather than as a standalone qualification.
Entry requirements include undergraduate work in calculus-based economics, at least at the intermediate level and often as a major. Programs also require a sufficient level of mathematical training, which typically includes probability and statistics, often multivariable calculus and linear algebra, and sometimes mathematical analysis.
A Master of Applied Economics combines economic theory with selections from finance and data analytics, including machine learning and data science. A standard Master of Economics focuses on economic theory, econometrics, and applied economics without necessarily incorporating data science or finance coursework.
A thesis is often required, particularly for terminal degrees. Programs that serve as preparation for doctoral study or that are awarded "en route" within a PhD program may have different requirements depending on the institution.
Career-oriented and terminal programs may offer specializations in public finance, labour economics, financial economics, development economics, industrial economics, health economics, or agricultural economics. Some programs reflect these concentrations in their degree titles, such as Masters in Financial Economics or Masters in Development Economics.