Department of Economics
University of Maryland
College Park, MD 20742

Master of Science
Program in Applied Economics

Dr. John Straub, Program Director

College Park location
1102 Morrill Hall
Program Coordinator:
Hardeep Chowdhary
(301) 405-3557

Washington, DC location
1400 16th Street, NW
Suite 140
Washington, DC 20036
Program Coordinator:
Breana Dinh
(202) 525-4308


Degree Requirements

Students need to successfully complete 10 courses to earn our Master of Science in Applied Economics degree: 5 core courses that cover fundamentals, and 5 field courses which teach students how to apply these tools to areas of specialization. 

The 5 core courses cover microeconomics, macroeconomics and empirical analysis (a 3-course sequence).  For the 5 field courses, students choose 5 from a menu of 9 possible courses, including Financial Economics, Economics of Health Care, Environmental Economics, Economic Analysis of Law, Information, Game Theory and Market Design, Development Economics, International Macroeconomics, Applied Time Series Analysis, and Program Evaluation.  We plan to add courses on International Trade, and Economic Applications of R Programming. 

Students can also earn a Graduate Certificate in Economics Analysis rather than a master's degree by completing just the first 5 core courses.

You can also view informational video presentations about our program's curriculum, admissions requirements, and alternative plans of study. 

Admissions Requirements

Standard admission requirements:
  • A bachelor’s degree with a cumulative GPA of 3.0 (on a 4.0 scale) or higher
  • Introductory macroeconomics course (grade of B or higher)
  • Introductory microeconomics course (grade of B or higher)
  • Grade of B or higher in introductory college calculus course (Calc I) (or AP Calculus score of 4 or 5)
An undergraduate degree is required, but it does not need to be in economics.

We can be flexible on the GPA and course requirements given sufficient justification.  For example, we will consider grades in upper-level undergraduate courses and graduate courses.  Relevant work experience can also be helpful. 

English Language Proficiency (TOEFL or IELTS exams)
If all the previous degrees earned by an applicant were earned in non-English speaking countries, the applicant will also need to submit documentation of English language proficiency (TOEFL or IELTS exam).  The TOEFL or IELTS scores required for admission to the University of Maryland's Graduate School are described here.

Please click here for the online application and detailed application instructions.