Master of Science in Applied Economics

Why University of Maryland

Renowned Economists and Faculty at a Top-Ranked University

Our program is part of the Department of Economics at the University of Maryland. The University of Maryland’s Department of Economics is consistently ranked among the top 20-to-30 economics programs in the nation. Because of its outstanding reputation, the department attracts high-quality instructors who are committed to teaching excellence.

We draw on our collective expertise to provide an academic program that is both rigorous and relevant. Our program is a carefully designed package of courses that allow our students to develop skills in public policy analysis, quantitative research, and economic modeling. 

The curriculum is taught by renowned economists, many of whom are also employed at government agencies, private firms, and NGOs in the Washington, D.C. area. Instructors provide a challenging and engaging classroom environment, emphasizing advanced training in quantitative techniques and econometric modeling.

Our downtown Washington, D.C. location and the University of Maryland’s main campus in College Park are just 9 miles away from each other. The University of Maryland is the state’s primary center of research and higher education. We are proud to be a part of the university’s commitment to excellence in graduate education.

Master of Science in Applied Economics Ranked #1 in the US

For the 4th year in a row, the University of Maryland’s M.S. in Applied Economics program is ranked #1 in the United States according to the TFE Times’ 2023 Ranking of Top Master of Economics Programs. The annual ranking of economics master’s degree programs is based on several factors, including graduate salaries, undergraduate grades of students in the program, and graduate employment rates. Our program has been ranked within the top 5 of TFE Times’ Ranking of Top Master of Economics Programs every year since 2016.

More generally, our department’s overall ranking is currently 22nd in the US, according to the US News and World Report. This is equal to or higher than other Washington, D.C. area economics departments: Johns Hopkins (22nd), Georgetown (38th), George Washington (61st), George Mason (74th), and American University (88th).