Master of Arts in Economics - Applied Economics

Our master’s degree in Applied Economics links basic economic theory and statistical techniques to real-world problems faced by decision makers. With emphasis on extensive training in econometrics and forecasting, exposure to working with large and diverse data sets, and a wide range of statistical software, this program gives students the applied skills that employers demand and provides those pursuing advanced degrees an edge in gaining admission to top Ph.D. programs. The Applied Economics sequence is designed to train students in the quantitative and applied economic skills that will best enhance their future employment opportunities as economists, research analysts, or planners in the private and public sectors. While the curriculum is structured as a terminal degree in applied economics and many graduates have advanced to doctoral-level programs in economics and in related disciplines, the program is also well suited for individuals who wish to return to school to obtain a graduate degree in a business-related discipline for the purpose of career advancement. The Applied Economics program is a STEM designated degree, which focuses on the systematic study of mathematical and statistical analysis of economic phenomena and problems. STEM designated degree programs offer additional benefits for students, including potential grant funded opportunities and, for international students, extended OPT study options.

Must have earned a four-year bachelor's degree or its equivalent from a college or university that is accredited by the appropriate regional accrediting association, or do so within one academic yearpresent unofficial transcripts from each college or university other than Illinois State at which graduate, undergraduate, or non-degree credit was earned.A student admitted in the program must have a cumulative GPA of 3.0 on a 4.0 scale for either the last 60 hours of undergraduate coursework or any previous work in a master’s program.This program requires three (3) letters of recommendation