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M.S. in Economics

Program Information

The graduate program in economics prepares students for professions in business and government as well as for advanced studies in economics and finance. Program requirements include one course in microeconomics (advanced microeconomic theory or applied managerial economics) and one course in quantitative analysis (econometrics or advanced business decision science). The program offers two curriculum options: an economic theory option and an applied business economics option. In any case, students customize their plans of study, emphasizing one of the following four subject areas:

  • Agricultural Business,
  • Agricultural and Resource Economics,
  • Business Economics and
  • General Economics.

The Ness School of Management and Economics offers an accelerated master's program, which allows qualified students to work toward their master’s degree in economics while they complete their undergraduate degree.

Course Delivery Format

The Ness School of Management and Economics generally delivers graduate courses in a face-to-face format. On occasion, the school delivers an elective course in an online format. The school delivers its business economics curriculum option electives in flexible formats, including evening and blended courses.

Student Support and Engagement Opportunities

The Ness School of Management and Economics prides itself on providing excellent academic programs and offering high-quality services to students. A limited number of research and teaching assistantships and scholarships may be available to qualified students enrolled in the economic theory curriculum option. The Economics Graduate Student Association (EGSA) supports graduate-student engagement opportunities, as well.

Available Options for Graduate Degrees

Master of Science

Option A - Thesis

30 Credit Hours


Option B - Research/Design Paper

32 Credit Hours

Core Requirements

  • ECON 531 - Managerial Economics Credits: 3 or ECON 704 - Advanced Microeconomics Credits: 3 
  • DSCI 660 - Advanced Business Decision Science Credits: 3 or ECON 705 - Econometrics Credits: 3 

Select one of the following options:

Option A - Thesis

  • ECON 798 - Thesis Credits: 1-7 (5 credits required)
  • Approved Electives Credits: 19

Option B - Research/Design Paper

  • ECON 788 - Master's Research Problems/Projects Credits: 1-2 (2 credits required)
  • Approved Electives Credits: 24

Total Required Credits: 30 (Option A), 32 (Option B)

Additional Admission Requirements

GRE: Not required
TOEFL: School requirement of 575 paper-based, 90-91 internet-based
IELTS: 6.0

The minimum prerequisites for unconditional admission into the program are successful completion of ECON 301, ECON 302 and undergraduate courses in statistics and calculus.

Two letters of reference are required.