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The College of Applied Economics (CAEc) also offers Master of Science (MS) degrees that are designed to provide advance training in a number of areas within the field of economics. The Master of Science program of CAEc equips graduates who desire to master the art of theoretical and applied economics. This program is designed to develop knowledge and skills for a thorough understanding of the economic, social, and potential environments for people managing communities and companies. It also seeks to develop fundamental and complex concepts and skills in the application of analytic techniques necessary for decision making or problem solving.