Master of Science in Economics

About

The Master of Science in Economics program is a federal STEM-designated degree, where you will gain hands-on experience learning data acquisition skills, data analysis techniques, and practical research experience in a career-focused program in applied economics and economic data analytics. The program's coursework will teach you a broad skill set, including economic reasoning, modeling, and econometrics, that you can use throughout your career to support decision-making processes. The master’s program in the Department of Economics provides students rigorous training in economic theory and analytics which helps them develop skills required in the investigation of economic problems in a wide variety of settings. Core competencies include critical thinking skills, data acquisition skills, data analysis techniques, the application of economic theory to analyze economic data, writing and reporting skills, and interpretation for management decisions competency in the use of technical computer software. There is a strong market demand for individuals who can do quantitative economic analysis using causal inferencing and forecasting. Organizations across many industries use economic analysis and quantitative methods to student and forecast business, sales and other market trends. According to the Bureau of Labor Statistics, employment demand is expected to be strong for these workers, as organizations increasingly turn to economists to apply analysis of big data to pricing, advertising, and other areas. 

Career Path 

Graduate career path includes Economic Policy Analyst, Quantitative Analyst (“Quant”) in Finance, Market Research Analyst, Financial Economist (Banks, Investment Firms, Insurance), Monetary Policy Analyst , International Trade & Development Specialist, Public Finance Analyst (Treasury, Tax Policy), Risk Analyst (Corporate & Financial Institutions), Environmental Economist (Sustainability & Climate Policy), Health Economist (Healthcare Systems, NGOs, WHO), Consultant (Economic & Business Strategy),Data Scientist (Economic Modeling & Forecasting), Labor Economist (Workforce & Employment Studies), International Development Officer, Industrial Organization Analyst (Competition & Regulation), Academic Lecturer / Researcher, Corporate Strategy Analyst (Economic Forecasting).