Department of Economics
University of Maryland
College Park, MD 20742

Master of Professional Studies
Program in Applied Economics

Dr. John Straub, Program Director
Straub@econ.umd.edu

College Park location
1102 Morrill Hall
Program Coordinator:
Stephanie Bergwall
(301) 405-3557
CPmasters@econ.umd.edu

Washington, DC location
1400 16th Street, NW
Suite 140
Washington, DC 20036
Program Coordinator:
Eileen Kramer
(202) 525-4308
DCmasters@econ.umd.edu

News & Events

Our Program Ranked #4 in US


The University of Maryland's professional master's degree program in applied economics has been ranked 4th in the US by The Financial Engineer. This is up from #5 in 2016 and #6 in 2015. Rankings are based on several factors including graduate salaries, the undergraduate grades of students in the program, and graduate employment rates. Congratulations to our students and faculty for the well-deserved recognition!



Program Welcomes International Students in College Park


We have been offering the Washington, DC version of our program since September of 2012.  In September of 2016, we welcomed the first cohort to a parallel version of our program on our main campus in College Park.  The 2 locations are less than 10 miles from each other, and offer exactly the same curriculum.  The primary difference is that we can sponsor international student visas (F-1) for students enrolled in College Park.  We are not able to sponsor visas for students in the Washington, DC version of our program.



“It had been very frustrating to turn away so many qualified international applicants prior to 2016.  We are very pleased to now include international students in the College Park version of our program.” – Dr. John Straub, Director of the University of Maryland’s Master of Professional Studies in Applied Economics Program

The Fall 2016 cohort in College Park consists of 24 students, including 10 international students from China, Taiwan, Bulgaria, Kosovo, Turkey, and Peru.  One of the International students is attending on a scholarship co-sponsored by USAID.  Another is a Fulbright Scholar. 

The College Park campus community includes more than 40,000 students.  About one-third of the campus’ roughly 10,000 graduate students come from outside the United States, with more than 130 different countries represented.  Students on campus have access to a wide variety of services, including the university’s office of International Student and Scholar Services


Attend an Information Session


We will be hosting Information Sessions for potential applicants on Tuesday, May 23rd, and on Thursday, June 1st.  The sessions will feature a presentation and opportunities to meet with the program's director, Dr. John Straub, and with other representatives from the University of Maryland's Department of Economics.  Light refreshments will be served.

The session on May 23rd will be in downtown Washington, DC.  The session on June 1st will be on the University of Maryland's main campus in College Park.  Please RSVP via email for additional details.

Please RSVP: CPmasters@econ.umd.edu



Placement Events


placementOn February 14th our program co-hosted a Placement/Recruiting Event in Washington, DC.  Sixteen area employers participated.  In addition to a general career fair, some employers scheduled private interviews with selected candidates during the event. 

As with previous events, we co-hosted this event with our department's undergraduate program in cooperation with the University of Maryland's Career Center.   

The participating employers were:

Abt Associates, Center on Budget and Policy Priorities, Econometrica, Inc., Edgeworth Economics, IMPAQ, KPMG, Macroeconomic Advisers, Moody's Analytics, Optimal Solutions Group, Summit Consulting, US Bureau of the Census, US Congressional Budget Office, US Department of Energy, US Department of the Treasury, US Securities & Exchange Commission, and The World Bank

We host similar events every February in Washington, DC and every October on the University of Maryland's main campus in College Park.


Wall Street Journal Publishes Op-Ed by One of Our Students


John MuellerOn January 25th, The Wall Street Journal published an Op-Ed by John Mueller, who is a student in our program.  The piece, entitled “Trump’s Real Trade Problem is Money,” grew out of his work on an assignment in Lauren Bresnahan’s Macroeconomics course (ECON 642).  Dr. Bresnahan has worked as an economist in Washington and on Wall Street.  John’s piece argues that, “… Mr. Trump’s economic and trade policies will fail unless he finds a solution to the [Triffin] Dilemma – the inherent incompatibility, in a reserve-currency country, of domestic policy with the international monetary order.”  As required in the ECON 642 assignment, the piece outlines the debate surrounding this current policy issue, and relates it to the macroeconomic theory covered in ECON 642.

John Mueller is a non-traditionally aged student.  He retired in January 2015 as president of LBMC LLC, a firm in Washington, D.C. specializing in economic and financial-market forecasting and economic policy analysis.  As an undergraduate he studied political science and English, but his career gravitated towards economic policy.  In the 1980’s he advised Congressman Jack Kemp and was involved in the drafting of legislation including the Tax Reform Act of 1986.  He is the author of Redeeming Economics: Rediscovering the Missing Element (ISI Books, 2010; updated paperback, 2014), and he currently serves as the Director of the Economics and Ethics Program at the Ethics and Public Policy Center in Washington, DC.

"I didn’t know I would make my living as an economist until long after my undergraduate years, and didn’t need an advanced degree to earn a living on Capitol Hill or Wall Street.  But at age 63, I think I will need one to continue earning a living and pass along some of what I have learned to others.  So I was delighted to discover UMD’s first-rate master’s program in applied economics, which makes sense for me even in dollars and cents (as befits the program)." - John Mueller, a student in our program.

"
The Wall Street Journal has received a glimpse of something that I am exposed to every week in my economics discussions.  Weekly, we discuss different topics in economics, which also allows us to connect with our professors and peers." - Lamont Timmons, a more "traditionally-aged" classmate of John Mueller in our program.  


Program's Spring 2017 Teaching Award


We are pleased to announce Drs. Chris Dockins and Charles Griffiths as the co-recipients of our program’s Spring 2017 teaching award.  Drs. Dockins and Griffiths are economists at the US Environmental Protection Agency.  They have taught or co-taught our program's Environmental Economics course since 2013.  They also teach in Johns Hopkins' master's degree program in applied economics.

“The team-teaching style of the professors helped to keep classes fresh and their shared experiences from the EPA made the material seem more relevant and accessible.  They used a combination of intuitive explanation, mathematical proof, and graphical demonstration.  I left this course with a much better understanding of the subject.”  - Comment from a student course evaluation.


Guest Lectures from College Park Faculty


On March 13th, Dr. Ethan Kaplan will give a guest lecture in one of our program's core econometrics courses (ECON 644).  Dr. Kaplan earned his PhD from Berkeley in 2005 and joined Maryland's department of economics in 2011.  His primary research interests are empirical political economy and applied micro-econometrics.  His previous work has focused on topics including the determination and persistence of political preferences, interest group behavior, and the political economy of U.S. intervention. More recently, he has started a sequence of projects using applied micro-econometric techniques to investigate macroecononic questions.  His presentation on March 13th will be about Unemployment Insurance Generosity and Aggregate Employment

On January 23rd, students in our Environmental Economics course (ECON 675) got a visit from Dr. Maureen Cropper.  Dr. Cropper is a Distinguished University Professor, and Chair of the Department of Economics at the University of Maryland.  Her numerous professional affiliations include a senior fellow at Resources for the Future, research associate at the National Bureau of Economic Research, and member of the National Academy of Sciences.  She was also the dissertation adviser of Dr. Charles Griffiths, who co-teaches ECON 675.  Dr. Griffiths, now an economist at the US Environmental Protection Agency, earned his PhD from the University of Maryland in 1997.  Dr. Cropper's presentation in January was about household location decisions and the value of climate amenities. 

We look forward to these and many more guest lectures from the Maryland economics department faculty, and from other distinguished economists. 



News & Events Archive.