Overview

A master’s in economics is study that is divided into two primary fields: microeconomics and macroeconomics. Microeconomics focuses how individual decisions can affect how individuals and organizations handles wealth. Macroeconomics is more concerned with the national, regional, and global economic markets based on general economic factors, such as interest rates and national productivity. Both are complex fields that require specialized knowledge, which is why many pursue master’s degrees.

Students of a master’s program can expect courses to focus primarily in three core areas—economic theory, econometrics, and applied economics. While there is a range of subjects within the core areas of focus, it is quite common to follow a degree specification. These common specifications can range from international finance to real estate, where as their capstones will primarily focus on the degree specification they choose to follow. In any case, students can feel confident they are receiving the intensive instruction they need to provide insight as economists.


  • ? WHAT CAN I DO WITH A MASTER’S IN ECONOMICS?

  • ? CAN I GET A MASTER’S IN ECONOMICS ONLINE?

  • ? HOW WELL ACCEPTED ARE ONLINE ECONOMICS DEGREES?

  • ? HOW LONG DOES IT TAKE TO GET A MASTER’S IN ECONOMICS?

  • ? IS A MASTER’S IN ECONOMICS WORTH IT?

As for career stability, there are many roles that a master’s in economics can lead to such as statisticians, mathematicians, financial advisors, and market research analysts. Others often become teachers as well to ensure that future students and professionals have advanced training opportunities. But no matter which path a professional chooses, their voices are necessary for shaping the political and economic policy that affects daily life.

For more more resources and career information related to this degree, please read our career guide here.

Our Methodology

Our Methodology

Best Online Masters in Economics Programs

We took a deep-dive and analyzed every online Masters in Economics program in the nation. Below are the results of our analysis and list of the 20 best online Masters in Economics programs.

Read about our methodology here.

Youngstown State University

One University Plaza Youngstown, OH 44555

Youngstown State University is one of few business schools in the nation to offer a master's in financial economics program. The curriculum includes econometrics and corporate financial management and is designed to give students the skills to become leading financial planners after graduation.


Program OverviewDepartment Name: College of Graduate Studies
Program Name: Master of Arts in Financial Economics
Accrediting body: Higher Learning Commission

DeliveryFormat: Online

Program requirementsPrerequisites: Bachelor's degree at an accredited college or university
Credit Requirements: 30 credits

Program LengthProgram Length: 2 years
Program start dates: Fall, Spring, Summer

Admission RequirementsGPA: 2.7

School Type
Public
Tuition
In-state: $448 per credit, Out-of-state: $714 per credit

Georgia Southern University

11935 Abercorn St Savannah, GA 31419

Georgia Southern University caters to students who wish to pursue their economics degree in an online format. This program is available entirely online and can be completed in just two years, making it the ideal choice for busy professionals who must balance their career and school commitments.


Program OverviewDepartment Name: Parker College of Business
Program Name: M.S. in Applied Economics (MSAE)
Accrediting body: AACSB

DeliveryFormat: Online
Instruction Style: Asynchronous

Program requirementsPrerequisites: Bachelor's degree
Credit Requirements: 30 credits

Program LengthProgram Length: 2 years
Program start dates: Fall, Spring

Admission RequirementsApplication deadline: Fall: June 1, Spring: October 1
GPA: 3.0

School Type
Public
Tuition
$358 per credit

West Texas A&M University

Canyon, TX 79015

West Texas A&M University understands that some students have different needs and career goals; therefore, it provides a few learning options for students in the master's in economics program. Students can learn entirely online or enroll in a blended format in which they attend some classes on campus and experience hands-on training with their peers.


Program OverviewDepartment Name: The Paul and Virginia Engler College of Business
Program Name: Master of Science in Finance and Economics
Accrediting body: Association to Advance Collegiate Schools of Business (AACSB)

DeliveryFormat: Online, On-campus
Instruction Style: Synchronous, Asynchronous

Program requirementsPrerequisites: Undergraduate degree
Credit Requirements: 36 credits

Program LengthProgram Length: 2 years
Program start dates: Fall, Spring, Summer

Admission RequirementsApplication deadline: Fall: August 1; Spring: December 1; Summer: May 1
GPA: 3.0

School Type
Public
Tuition
$409 per credit

University of Missouri

317 Lowry Hall Columbia, MO 65211

The University of Missouri provides the best program structure for its master's in economics program. It's available 100 percent online and covers everything from banking to international trade, preparing graduates for careers in data science, economic development, institutional research and more.


Program OverviewDepartment Name: College of Arts and Science
Program Name: Master of Arts in Economics
Accrediting body: Higher Learning Commission

DeliveryFormat: Online

Program requirementsPrerequisites: Bachelor's degree
Credit Requirements: 30 credits

Program LengthProgram Length: 2 years
Program start dates: Summer: June, Fall: August, Spring: January

Admission RequirementsApplication deadline: Summer: May 15; Fall: August 1; Spring: January 1
GPA: 3.0

School Type
Public
Tuition
$422 per credit

Purdue University

403 W State St West Lafayette, IN 47907

Purdue University earns a top value ranking because of its commitment to affordable online education for those who join the master's in economics program. Students who enroll in this program are afforded the same faculty that teaches on campus, the option to attend on a full- or part-time basis and the flexibility to earn their degree in just 18 months or as many as five years.


Program OverviewDepartment Name: Krannert School of Management
Program Name: Master of Science in Economics
Available concentrations: Business Analytics, Financial Economics, Public Economics and Policy, Advanced Theory
Accrediting body: AACSB

DeliveryFormat: Online, On-Campus
Instruction Style: Synchronous

Program requirementsPrerequisites: Bachelor's degree
Credit Requirements: 30 credits

Program LengthProgram Options: Full-time
Program Length: 2 years
Program start dates: Fall

Admission RequirementsApplication deadline: Fall: May 1
GPA: 3.0

Graduation Rate
73%
School Type
Public
Tuition
$1,075 per credit

Johns Hopkins University

1717 Massachusetts Ave NW Washington, DC 20036

Johns Hopkins University is a leader in online education and offers one of the most flexible master's in applied economics programs in the country. Students can choose from three start dates, opt to take some on-campus courses and enroll as full- or part-time students depending on their needs and schedules.


Program OverviewDepartment Name: Krieger School of Arts and Sciences
Program Name: Master of Science in Applied Economics
Available concentrations: Financial Economics
Accrediting body: Middle States Association of Colleges and Schools

DeliveryFormat: Online

Program requirementsPrerequisites: Bachelor's degree
Course Requirements: 10 courses

Program LengthProgram Options: Part-time, Full-time
Program Length: 2 years
Program start dates: Spring, Summer, Fall

Admission RequirementsApplication deadline: Rolling
GPA: 3.0

Graduation Rate
93%
School Type
Private
Tuition
$4,285 per course

American University

4400 Massachusetts Avenue, NW Washington, DC 20016

Students who want to learn from the best scholars and industry-professionals and develop expert skills and knowledge should consider American University for earning their master's in economics degree. The faculty members are highly accredited and often quoted in top industry journals and news outlets such as CNN and The Los Angeles Times.


Program OverviewDepartment Name: College of Arts & Sciences
Program Name: Master of Arts in Economics
Available concentrations: Applied Economics
Accrediting body: Middle States Association of Colleges and Secondary Schools

DeliveryFormat: Online, On-Campus
Instruction Style: Synchronous, Asynchronous

Program requirementsPrerequisites: Bachelor's degree
Credit Requirements: 30 credits

Program LengthProgram Length: 20 months
Program start dates: Summer, Fall, and Spring

Admission RequirementsApplication deadline: Rolling
GPA: 3.0

Graduation Rate
82%
School Type
Private
Tuition
$1,708 per credit

University of Delaware

303 Alfred Lerner Hall Newark, DE 19716

The University of Delaware offers a Master of Arts in Economics and Entrepreneurship for Educators program for teachers who work in the K-12 school system. This program is ideal for teachers who are currently working and can apply what they're learning immediately in their own classrooms.


Program OverviewDepartment Name: Alfred Lerner College of Business and Economics
Program Name: Master of Science in Economics and Applied Econometrics
Accrediting body: AACSB

DeliveryFormat: Online

Program requirementsPrerequisites: Bachelor's degree
Credit Requirements: 30 credits

Program LengthProgram Options: Full-time, part-time
Program Length: 2-3 years
Program start dates: Fall

Admission RequirementsApplication deadline: Fall: July 1
GPA: 3.0

Graduation Rate
79%
School Type
Public
Tuition
$825 per credit

University of North Dakota

293 Centennial Dr Stop 8098 Grand Forks, ND 58202

The University of North Dakota designed its master's in economics program for students who want to pursue careers in economic research. Students learn from courses such as macroeconomic theory and labor economics, developing the skills to succeed as economic researchers in the field.


Program OverviewDepartment Name: College of Business & Public Administration
Program Name: M.S. in Applied Economics
Accrediting body: AACSB

DeliveryFormat: On-campus, Online

Program requirementsPrerequisites: Bachelor's degree
Credit Requirements: 30-34 credits

Program LengthProgram Length: 2 years
Program start dates: Fall, Spring, Summer

Admission RequirementsApplication deadline: Fall: May 15; Spring: October 15; Summer: March 15
GPA: 3.0

School Type
Public
Tuition
$425 per credit

University of Detroit Mercy

4001 W McNichols Rd Detroit, MI 48221

The University of Detroit Mercy provides online students with a quick path to graduation and their master's in economics degree. In just one year, students can complete the program and learn the skills to work as forensic accountants and financial planners in the field.


Program OverviewDepartment Name: College of Liberal Arts & Education
Program Name: Master of Arts in Economics

DeliveryFormat: Online

Program requirementsPrerequisites: Baccalaureate degree
Credit Requirements: 30 credits

Program LengthProgram Options: Full-time, part-time
Program Length: 2 years
Program start dates: Fall, Winter

Admission RequirementsApplication deadline: Rolling
GPA: 3.0

School Type
Private
Tuition
$826 per credit

Southern New Hampshire University

2500 N River Rd Manchester, NH 3106

Southern New Hampshire University offers a concentration in environmental and natural resources economics in its master's in applied economics program. Students who want to learn the economics behind state and federal environmental policies are prime candidates for this online program.


Program OverviewProgram Name: Master of Science in Applied Economics
Accrediting body: ACBSP

DeliveryFormat: Online

Program requirementsPrerequisites: Undergraduate degree
Credit Requirements: 36 credits

Program LengthProgram Options: Full-time, Part-time
Program Length: Few as 15 months
Program start dates: March 11, 2019; May 27, 2019; August 12, 2019

Admission RequirementsApplication deadline: Rolling
GPA: 2.75

School Type
Private
Tuition
$627 per credit

Northeastern University

360 Huntington Ave Boston, MA 2115

Northeastern University's online Master of Arts in Economics program includes the option to include a co-op. This option is paid work for six months and enhances the practice portion of the degree, increasing the students' skills for career advancement.


Program OverviewDepartment Name: College of Professional Studies
Program Name: Master of Science in Commerce and Economic Development
Accrediting body: New England Association of Schools and Colleges (NEASC)

DeliveryFormat: Online
Instruction Style: Synchronous

Program requirementsPrerequisites: Bachelor's degree
Credit Requirements: 45-48 credits

Program LengthProgram Options: Full-time, part-time
Program Length: 2-3 years
Program start dates: April 8, 2019; May 20, 2019

Admission RequirementsApplication deadline: March 29, 2019; May 10, 2019
GPA: 3.0

School Type
Private
Tuition
$34,200 per program

University of Houston - Victoria

3007 N Ben Wilson Victoria, TX 77901

The University of Houston-Victoria offers an online master's in economic development program that's suited for graduate students who want to become successful financial planners for government agencies, consulting firms and corporations. This program also has entrepreneurship courses to give students the skills to start and grow businesses or to help other entrepreneurs succeed financially.


Program OverviewDepartment Name: School of Business Administration
Program Name: Master of Science in Economic Development and Entrepreneurship
Accrediting body: AACSB International

DeliveryFormat: Online

Program requirementsPrerequisites: Bachelor's degree
Credit Requirements: 30 credits

Program LengthProgram Length: 2 years
Program start dates: Fall, Summer, Spring

Admission RequirementsApplication deadline: Rolling
GPA: 3.0

School Type
Private
Tuition
In-state: $342 per credit, Out-of-state: $757 per credit

SUNY Empire State College

Two Union Ave Saratoga Springs, NY 12866

SUNY Empire State College offers an innovative master's in economics program that's centered on community and economic development. The curriculum focuses on social finance in community development, giving students a better understanding of the economic differences in underserved areas and how to bring about positive change.


Program OverviewDepartment Name: School for Graduate Studies
Program Name: Master of Arts in Community and Economic Development
Accrediting body: MSCHE

DeliveryFormat: Online

Program requirementsPrerequisites: Bachelor's degree
Credit Requirements: 36 credits

Program LengthProgram Options: Full-time, part-time
Program start dates: Fall, Spring, Summer

Admission RequirementsApplication deadline: June 1, November 1
GPA: 3.0

School Type
Public
Tuition
$462 per credit

Penn State World Campus

128 Outreach Building University Park, PA 16802

Penn State University offers a comprehensive curriculum as the core part of the Master of Arts in Economics program. It provides a solid foundation in economic theory and prepares students for economics-related careers in academics or financial professions.


Program OverviewDepartment Name: College of Agricultural Sciences
Program Name: Master of Professional Studies in Community and Economic Development
Accrediting body: Middle States Association

DeliveryFormat: Online

Program requirementsPrerequisites: Baccalaureate degree
Credit Requirements: 30 credits

Program LengthProgram Length: 2 years
Program start dates: Fall, Spring, Summer

Admission RequirementsApplication deadline: Fall: June 15 ; Spring: September 30; Summer: March 15
GPA: 3.0

Graduation Rate
86%
School Type
Public
Tuition
$886 per credit

Western Illinois University

Sherman Hall 116 Macomb, IL 61455

Western Illinois University offers a hybrid master's in community and economic development program for distance learners. Students will have the freedom to complete coursework online but must also attend some on-campus courses for hands-on experience.


Program OverviewDepartment Name: School of Graduate Studies
Program Name: Master of Arts in Community and Economic Development
Accrediting body: Higher Learning Commission-North Central Association of Colleges and Schools

DeliveryFormat: Online

Program requirementsPrerequisites: Bachelor's degree
Credit Requirements: 36 credits

Program LengthProgram Options: Full-time, part-time
Program Length: 17 months
Program start dates: Fall, Summer, Spring

Admission RequirementsGPA: 3.0

School Type
Public
Tuition
$324 per credit

Xavier University

3800 Victory Pkwy Cincinnati, OH 45207

Xavier University's master's in health economics and clinical outcomes program is perfect for students who want to pursue a career in the health care industry. Graduates are prepared to use data and analysis to understand the trends in health care and to develop solutions to problems in the U.S. health care system.


Program OverviewDepartment Name: College of Arts and Sciences
Program Name: Master of Science in Health Economics and Clinical Outcomes Research
Accrediting body: Higher Learning Commission

DeliveryFormat: Online, On-campus

Program requirementsPrerequisites: Undergraduate degree
Credit Requirements: 39 credits

Program LengthProgram Options: Full-time, part-time
Program Length: 2-3 years
Program start dates: August, January

Admission RequirementsGPA: 3.0
Work Experience: 3 or more years of healthcare work experience

School Type
Private
Tuition
$345 per credit

The Chicago School of Professional Psychology

203 N LaSalle, Suite 1900 Chicago, IL 60601

The Chicago School of Professional Psychology at Chicago offers a full-time master's in behavioral economics program for online students. This program is ideal for students with a solid foundation in psychology as they delve into topics related to consumer behavior and business applications such as marketing and negotiation.


Program OverviewDepartment Name: School of Professional Psychology
Program Name: Masters in Behavioral Economics
Accrediting body: TCSPP

DeliveryFormat: Online

Program requirementsPrerequisites: Bachelor's degree
Credit Requirements: 30 credits

Program LengthProgram Options: Full-time
Program Length: 2 Years
Program start dates: Spring, Fall

Admission RequirementsApplication deadline: Rolling
GPA: 3.0

School Type
Private
Tuition
$1,164 per credit

Southern Illinois University

1025 Lincoln Dr Carbondale, IL 62901

Students looking to advance their careers in international economics can learn the skills in SIU Carbondale's Master of Arts and Master of Science in Economics programs. These programs cover international finance and trade and prepare graduates for leadership careers in various international institutions.


Program OverviewDepartment Name: College of Business
Program Name: MBA in Agribusiness Economics
Available concentrations: Agribusiness Economics, Analytics for Managers
Accrediting body: AACSB

DeliveryFormat: Online, On-Campus

Program requirementsPrerequisites: Bachelor's degree
Credit Requirements: 43 credits

Program LengthProgram Length: 2 years
Program start dates: Summer, Spring, Fall

Admission RequirementsApplication deadline: Rolling

School Type
Public
Tuition
$854 per credit

Regent University

1000 Regent University Dr Virginia Beach, VA 23464

Regent University's online MBA program includes a concentration in economics and prepares graduates for senior-level positions in the industry. The curriculum emphasizes leadership and gives students the skills to succeed in executive financial leadership roles in the public and private sectors.


Program OverviewDepartment Name: School of Business & Leadership
Program Name: Master of Business Administration
Concentration: Economics
Accrediting body: ACBSP, AACSB

DeliveryFormat: Online, On-campus

Program requirementsPrerequisites: Bachelor's degree
Credit Requirements: 42 credits

Program LengthProgram Options: Full-time, part-time
Program Length: Few as 16 months
Program start dates: January 14, 2019

Admission RequirementsApplication deadline: Rolling
GPA: 3.0

School Type
Private
Tuition
$650 per credit