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Economics, MS

Economics, MS

approved for STEM-OPT extension, economics, quantitative

Program description
Degree awarded: MS  Economics

The Master of Science program in economics incorporates applied learning experiences, flexible elective options and career coaching to prepare you for success in challenging roles across industries. You learn economic modeling tools and gain skills you can leverage to transform businesses, government and society.

For the first half of the program, you take core courses in microeconomics, macroeconomics, and data science and econometrics taught by leading economists with an extensive research record on these topics. You choose from a variety of interdisciplinary electives to align the program with your career goals.

Additionally, you attend a summer math boot camp before the program starts to brush up on key concepts.

The W. P. Carey Career Services Center provides resources and career coaching that you can access throughout the program.

In the last 40 years, the Department of Economics has become well known for its contributions to several fields of economics, including applied microeconomics, macroeconomics, economic theory, environmental economics, public finance, labor economics and economics of education.

STEM-OPT for international students on F-1 visas

This program may be eligible for an Optional Practical Training extension for up to 24 months. This OPT work authorization period may help international students gain skills and experience in the U.S. Those interested in an OPT extension should review ASU degrees that qualify for the STEM-OPT extension at ASU's International Students and Scholars Center website.

The OPT extension only applies to students on an F-1 visa and does not apply to students completing a degree through ASU Online.

At a glance
  • STEM-OPT extension eligible: Yes

Video: Learn about the Economics, MS degree program at ASUThis video provides an overview of the Economics, MS degree program at ASU.

Degree requirements

30 credit hours including the required applied project course (ECN 593)

Required Core (18 credit hours)
ECN 530 Microeconomics I (3)
ECN 532 Microeconomics II (3)
ECN 531 Macroeconomics I (3)
ECN 533 Macroeconomics II (3)
ECN 560 Data Science and Econometrics I (3)
ECN 565 Data Science and Econometrics II (3)

Electives (9 credit hours)

Culminating Experience (3 credit hours)
ECN 593 Applied Project (3)

Additional Curriculum Information
Students should see the academic unit for an approved list of elective coursework. It is strongly recommended that students take an optional career coaching course through WPC 502. This course does not count for credit but strengthens students' experience and helps them build skills for their future careers.

For their culminating experience, students find local companies; work in assigned groups to analyze the problems that these companies are facing; and come up with practical, relevant solutions. Faculty members involved in the program are assigned to each group as the project advisor. At the end of the project, students write their own paper on the project and are evaluated individually.

Admission requirements

General university admission requirements:

All students are required to meet general university admission requirements.
U.S. applicants | International applicants | English proficiency

Applicants must fulfill the requirements of both the Graduate College and the W. P. Carey School of Business.

Applicants must have earned a bachelor's or master's degree in a related field from a regionally accredited institution.

Applicants must have a minimum cumulative GPA of 3.00 (scale is 4.00 = "A") in the last 60 hours of their first bachelor's degree program or a minimum cumulative GPA of 3.00 (scale is 4.00 = "A") in an applicable master's degree program.

Applicants are required to submit:

  1. graduate admission application and application fee
  2. official transcripts of all coursework completed at institutions other than ASU
  3. one letter of recommendation
  4. current resume
  5. proof of English proficiency

Additional Application Information
An applicant whose native language is not English must provide proof of English proficiency regardless of their current residency.

Tuition information
When it comes to paying for higher education, everyone’s situation is different. Students can learn about ASU tuition and financial aid options to find out which will work best for them.
Application deadlines
Session Modality Deadline Type
Session A/C In Person 07/01 Final
Career opportunities

Graduates have the essential academic preparation to pursue a professional career in the fields of economics, corporate financial analysis and planning, commercial banking and insurance. Graduates are prepared for roles in banking, management, consulting, investment and government. Potential careers include:

  • actuary
  • budget analyst
  • data scientist
  • economist
  • financial analyst
  • market research analyst
Contact information

Program term definitions

Accelerated programs allow students the opportunity to expedite the completion of their degree.

Accelerated master's

These programs allow students to accelerate their studies to earn a bachelor's plus a master's degree in as few as five years (for some programs).

Each program has requirements students must meet to be eligible for consideration. Students typically receive approval to pursue the accelerated master's during the junior year of their bachelor's degree program. Interested students can learn about eligibility requirements and how to apply.

Concurrent degrees allow students to pursue their own personal or professional interests, earn two distinct degrees and receive two diplomas. To add a concurrent degree to your existing degree, work with your academic advisor.

Joint programs, or jointly conferred degrees, are offered by more than one college and provide opportunities for students to take advantage of the academic strengths of two academic units. Upon graduation, students are awarded one degree and one diploma conferred by two colleges.

ASU adds new programs to Degree Search frequently. Come back often and look for the "New Programs" option.

ASU Online offers programs in an entirely online format with multiple enrollment sessions throughout the year. See https://asuonline.asu.edu/ for more information.

The Western Regional Graduate Program (WRGP) provides a reduced tuition rate to non-resident graduate students who qualify. Visit the WRGP/WICHE webpage for more information: https://graduate.asu.edu/wiche.

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