Master of Arts in Economics
Economists gather and analyze data, evaluate and report on statistical trends, and make recommendations based on collected insights. In our program, you will develop these analytical skills and gain experience using statistical analysis software. An Economics M.A. degree is an ideal foundation for jobs in data science, analytics, government, and policy.
Admission to Graduate Studies
Admission Requirements
- All applicants must meet the requirements outlined in the Admission to Graduate Study policy.
- Bachelor’s degree: A copy of official transcripts showing proof of a bachelor's degree (and any post-bachelor’s coursework or degrees) from a regionally accredited institution, or a foreign university with equivalent bachelor's degree requirements is required.
- English proficiency: Proof of English proficiency for non-native or non-native-like English speakers is required. There are two bands of English proficiency, including Admission and Full proficiency. For applicants to online programs, Full proficiency is required.
Applicants to the M.A. and M.A./J.D. programs should have taken a minimum of 2 courses in calculus (6 to 10 semester hours) and a statistics course (similar to MATH 526). Students with little background in economics may be advised to take ECON 520 Microeconomics and/or ECON 522 Macroeconomics and/or ECON 526 Introduction to Econometrics as preparation for M.A. courses. ECON 520, ECON 522, and ECON 526 do not count toward completion of M.A. degree requirements. A bachelor's degree in economics is not necessary, but applicants should have knowledge in economics and an adequate background in mathematics as indicated above. Please note that the MA program does not require the GRE, but applicants are welcome to send scores if they wish to do so.
In addition to all University requirements for admission to graduate studies, applicants to the Econ MA program must provide and/or meet all of the following:
- Résumé/curriculum vitae
- A list of academic courses taken that taught multi-variable calculus, linear algebra, and introduction to proofs, including a brief course description (or bulleted list of topics covered) as well as the textbook that was used
- A statement of purpose indicating interest in the program, and its relationship to the indented graduate course of study and/or career objectives
- 3 letters of reference
For additional information regarding the admission process, see the program’s admissions page.
Contact the department:
Michelle Morrison
Graduate Program Coordinator
Department of Economics
433 Snow Hall
michmor@ku.edu
M.A. Degree Requirements
The Master of Arts in Economics requires a total of 30 hours and allows for the following degree completion options:
- Course Work-Only
- Master's Thesis Final Defense
The program serves students with little previous background in economics as well as students who majored in economics as undergraduates and provides maximum flexibility for students to pursue their own special interests. The degree requirements are as follows:
Course Work Requirements
At initial enrollment, each candidate must discuss a preliminary plan of study with the M.A. program director. This plan may be revised over time. In total, 18 hours of course work coursework (out of 30 hours) must be 700 level or higher.
| Code | Title | Hours |
|---|---|---|
| ECON 700 | Survey of Microeconomics 1 | 3 |
| ECON 701 | Survey of Macroeconomics 1 | 3 |
| ECON 715 | Elementary Econometrics 1 | 3 |
| 12 hours of ECON electives at the 500+ level | 12 | |
| Electives or Thesis Hours | 9 | |
Student choosing the thesis option should enroll in 6 hours of ECON 899 and an additional 3 hours of ECON electives at the 700+ level | ||
Student choosing the coursework only option should enroll in 9 hours of ECON electives at the 700+ level | ||
| Total Hours | 30 | |
1Doctoral-level theory courses (ECON 801, ECON 810, ECON 817) can be substituted.
Students have the option of taking up to 9 elective hours in related areas, such as business administration, computer science, political science, or mathematics, chosen in consultation with the graduate program coordinator and approved by the M.A. program director.
Electives
Below is a list of available electives. Courses listed below that were taken at KU prior to official admission to the graduate program (year 5) cannot be retaken for credit.
| Code | Title | Hours |
|---|---|---|
| ECON 600 | Money and Banking | 3 |
| ECON 604 | International Trade | 3 |
| ECON 605 | International Finance | 3 |
| ECON 620 | Elements of Mathematical Economics | 3 |
| ECON 622 | Public Finance | 3 |
| ECON 630 | Industrial Organization and Antitrust Policy | 3 |
| ECON 640 | Labor Economics | 3 |
| ECON 664 | Topics in Economics: _____ | 3 |
| ECON 669 | The Economics of Financial Markets | 3 |
| ECON 680 | Economic Growth | 3 |
| ECON 696 | Research Methods in Economics | 3 |
| ECON 716 | Econometric Forecasting | 3 |
| ECON 718 | Elementary Financial Econometrics | 3 |
| ECON 719 | Digital Economics | 3 |
| ECON 730 | Topics in Industrial Organization | 3 |
| ECON 740 | Theory of Economic Growth and Development | 3 |
| ECON 769 | Financial Economics | 3 |
| ECON 770 | Economics of the Labor Market | 3 |
| ECON 780 | Topics in Economics: _____ | 1-3 |
| ECON 790 | Game Theory and Applications | 3 |
| ECON 791 | Game Theory and Applications II | 3 |
| ECON 800 | Optimization Techniques I | 3 |
| ECON 801 | Microeconomics I | 3 |
| ECON 802 | Microeconomics II | 3 |
| ECON 809 | Optimization Techniques II | 3 |
| ECON 810 | Macroeconomics I | 3 |
| ECON 811 | Macroeconomics II | 3 |
| ECON 816 | Probability and Statistics | 3 |
| ECON 817 | Econometrics I | 3 |
| ECON 818 | Econometrics II | 3 |
| ECON 830 | Game Theory and Industrial Organization | 3 |
| ECON 854 | Advanced Environmental Economic Theory | 3 |
| ECON 869 | Advanced Financial Economics | 3 |
| ECON 870 | Applied Microeconomics | 3 |
| ECON 880 | Advanced Topics in Economic Theory: _____ | 1-3 |
| ECON 901 | Advanced Economic Theory I | 3 |
| ECON 911 | Applied Macroeconomics | 3 |
| ECON 912 | Advanced Macroeconomics | 3 |
| ECON 914 | Computational Methods for Economics | 3 |
| ECON 915 | Advanced Econometrics I | 3 |
| ECON 917 | Advanced Econometrics III | 3 |
| ECON 918 | Financial Econometrics | 3 |
| ECON 919 | Advanced Health Economics | 3 |
| ECON 950 | Special Problems in Economics | 1-3 |
Master's Thesis & Final Defense
Those choosing to complete the M.A. degree with a written thesis must do an oral presentation and defense of the thesis to a faculty committee in accordance with the Graduate Studies Policy on Master's Final Exams. In the thesis, the student
should share the results of the economic research they have undertaken and, most importantly, the contribution the thesis makes to the extant literature on the subject. The oral presentation and defense will not be scheduled until the thesis is complete. The student must submit the thesis to the supervisor and the faculty committee at least two weeks before the final defense. For students interested in pursuing a doctoral program, the thesis degree is recommended.
| Year 1 | |||
|---|---|---|---|
| Fall | Hours | Spring | Hours |
| ECON 7001 | 3 | ECON 7011 | 3 |
| Econ 500+ Elective | 3 | ECON 7151 | 3 |
| Econ 500+ Elective | 3 | ECON 500+ Elective | 3 |
| 9 | 9 | ||
| Year 2 | |||
| Fall | Hours | ||
| ECON 500+ Elective | 3 | ||
| ECON 700+ Elective | 3 | ||
| ECON 700+ Elective2 | 3 | ||
| ECON 700+ Elective2 | 3 | ||
| 12 | |||
| Total Hours 30 | |||
At the completion of this program, students will be able to:
- Apply tools of economic analysis to critique original research in their specific field or subfield.
- Apply broad knowledge of theory and research methods to questions and current problems in the field of economics.
- Communicate effectively to professional audiences and the public through technical reports and presentations.