Program Overview

Master of Science in Applied Economics

The Master of Science in Applied Economics program is designed to provide students with a comprehensive understanding of economic theory and practice, as well as the skills to analyze and interpret data in a variety of fields. The program is ideal for students seeking to begin or advance careers in industry, policy and government, or the financial sector.

Program Overview

The program includes 10 courses, which can be completed in as few as 16 months. Students can attend full- or part-time, and courses are offered online or on campus during the evening. The program is taught by accomplished academics and industry practitioners, and students acquire critical skills in practice-oriented data analysis.

Admission Requirements

• Bachelor's degree from an accredited college/university (minimum GPA 3.0)
• GRE (reporting code 7534) or GMAT (reporting code 44X-HX-74) (optional)
• Personal statement
• Two letters of recommendation
• Resume
• Application fee ($60)
• Video essay (required)
• Brief interview (optional)
• Prerequisite courses: Principles of Microeconomics, Principles of Macroeconomics, Statistics, Calculus I and II

Course Requirements

Core Requirements

• Applied Macroeconomic Theory (ADEC7200)
• Applied Microeconomic Theory (ADEC7201)
• Data Analysis (ADEC7301)
• Econometrics (ADEC7320)
• Ethics, Economics and Public Policy (ADEC7500)

Electives

• Advanced Urban and Regional Economics (ADEC7340)
• Economics of Banking and Insurance (ADEC7350)
• Financial Economics (ADEC7360)
• Applied Stress Testing for Economists (ADEC7370)
• Empirical Health Economics (ADEC7380)
• Empirical Money and Banking (ADEC7390)
• Operations Research in Applied Economics (ADEC7410)
• Development Economics (ADEC7420)
• Big Data Econometrics (ADEC7430)
• Private Sector Development and Economic Growth (ADEC7450)
• Predictive Analytics / Forecasting (ADEC7406)
• Advanced Econometrics (ADEC7470)
• Law and Economics (ADEC7510)
• Transfer Pricing (ADEC7520)
• Measuring Business Cycles, Trends and Growth Cycles (ADEC7530)
• Marketing Analytics for Economists (ADEC7540)
• Empirical Sports Economics (ADEC7610)
• Empirical Behavioral Economics (ADEC7810)
• Economics of Innovation & Entrepreneurship (ADEC7820)
• Communication and Leadership in Applied Economics (ADEC7830)
• Management of Projects in Applied Economics (ADEC7840)
• Software Tools for Data Analysis (ADEC7910)
• Market Research and Analysis (ADEC7920)
• Fundamentals of Private Equity (ADEC7930)
• Environmental and Natural Resource Economics (ADEC7940)

Scheduling and Cost

• Tuition: $1,490 per credit hour
• Registration fee: $60
• On-campus graduate courses are typically scheduled from 6:30–9:00 p.m. on weeknights or Saturdays

FAQs

• The program is a STEM Designated Degree Program.
• International students are welcome to apply.
• Financial aid is available.
• The minimum number of credits to qualify for Federal Financial Aid is 6 credits across a semester.
• The program can be completed in 16 months.
• Graduate course credit transfer is possible under limited circumstances.
• The faculty members hold doctoral degrees in Economics or Statistics and are accomplished practitioners.