Economics, MS
economics
This program will begin accepting applications for Fall 2025.
The MS program in economics incorporates applied learning experiences, flexible elective options and career coaching to prepare students for success in dynamic roles across industries. Students learn economic modeling tools and skills they can leverage to transform businesses, government and society.
For the first half of the program, students take core courses in microeconomics, macroeconomics, and data science and econometrics, taught by leading economists with an extensive research record on these topics. A variety of interdisciplinary electives allow students to align the degree with their career goals.
Additionally, students can attend a summer math boot camp before the program starts to brush up on key concepts.
The curriculum also includes a collaborative project, where students apply newly developed knowledge to solve a practical industry problem. Students partner with a local corporation or the L. William Seidman Research Institute, which acts as an economic research and consulting resource for a variety of public and private clients.
The W. P. Carey Career Services Center provides resources and career coaching that students can access throughout the program. Graduates are prepared for roles in banking, management, consulting, investment and government, to name just a few examples.
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.
GI Bill® benefits
This new program is not yet approved for use with GI Bill® benefits.
GI Bill® is a registered trademark of the U.S. Department of Veterans Affairs. More information about education benefits offered by VA is available at the official U.S. government website at https://www.benefits.va.gov/gibill/.
- College/school:
W. P. Carey School of Business
- Location: Tempe
30 credit hours including the required applied project course (ECN 593)
Required Core (18 credit hours) Electives (9 credit hours) Culminating Experience (3 credit hours) Additional Curriculum Information For their culminating experience, students will find local companies to provide real-world problems that companies are facing, and assign them to groups of students to analyze the problem and come up with a solution. Faculty members involved in the program will be assigned to each group as the project advisor. At the end of the project, each student will write their individual paper on the project and will be evaluated individually.
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)
ECN 593 Group Project (3)
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 will not count for credit but will strengthen students' experience and help students build skills for their future careers.
Applicants must fulfill the requirements of both the Graduate College and the W. P. Carey School of Business.
Applicants are eligible to apply to the program if they 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 applicants must have a minimum cumulative GPA of 3.00 (scale is 4.00 = "A") in an applicable master's degree program.
Applicants are required to submit:
- graduate admission application and application fee
- official transcripts of all coursework completed at institutions other than ASU
- one letter of recommendation
- current resume
- 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.
The Master of Science program in economics includes the essential academic preparation for students who are interested in pursuing a professional career in the fields of economics, corporate financial analysis and planning, commercial banking and insurance. Potential careers include:
- actuary
- budget analyst
- data scientist
- economist
- financial analyst
- market research analyst
WPC Graduate Programs
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MCRD 350
wpcareymasters@asu.edu
480-965-3532
3 year programs
These programs allow students to fast-track their studies after admission and earn a bachelor's degree in three years or fewer while participating in the same high-quality educational experience of a 4-year option. Students should talk to their academic advisor to get started.
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. Acceptance to the graduate program requires a separate application. 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.
