Applied Economics

Master of Science in Applied Economics

Program Description

Since a robust background in applied economics allows analysts to make informed predictions about future trends, professionals who can understand and apply economic research are in high demand. Those who can analyze and interpret sophisticated economic data and intelligently apply economic theory are able to better assess the economic impact of key public policy questions. The Masters of Science in Applied Economics from AUM is a carefully designed program which offers rigorous training in quantitative analysis, economic modeling and econometrics. It prepares graduates to seek employment as program or policy analysts who are skilled in evidence-based quantitative methods.

The Masters of Science in Applied Economics is a cohort program, meeting one evening a week. It can be completed in three semesters and is a 10-course program that includes classes such as the following:

  • Microeconomic Analysis
  • Macroeconomic Analysis
  • Foundations of Empirical Research
  • Industrial Organization
  • Macroeconomic Indicators and Data
  • Econometric Modelling and Forecasting
  • Managerial Economics
  • Financial Economics
  • Modern Econometrics for Business and Managers
  • Time Series Econometrics

Why Economics at AUM?

Why Economics?

Put Your Degree to Work

Note: While salaries vary depending on several factors including your level of experience, education and training, and geography and industry, here is a sampling of the future job growth and salaries nationally.

There are a number of career positions available to graduates of a master’s-level economics degree. One such senior position, Economist, collects and analyzes data, research trends, and evaluates economic issues for resources, goods, and services. Employment of economists is projected to grow 8 percent from 2018 to 2028, faster than the average for all occupations. Job prospects should be best for those with a master’s degree or Ph.D., strong analytical skills, and experience using statistical analysis software. The median annual wage for economists was $104,340 in May 2018.

Admission Requirements:
Eligible candidates must have an undergraduate degree, in any discipline, from an accredited institution. Additionally, candidates must complete a minimum of six (6) undergraduate semester hours of economics coursework or its equivalency, which may be pursued in conjunction with the degree program and must be completed within the first semester. GMAT or GRE scores are not required except for those applicants with a cumulative undergraduate GPA below a 2.5 on a 4.0 scale. The screening committee will consider the applicant’s previous academic record, and GMAT or GRE scores if necessary, in determining acceptance. Students must meet all AUM graduate program requirements.

Degree and Exit Requirements:
Students need to successfully complete all 10 courses in order to earn the Masters of Science in Applied Economics. An overall grade point average of at least a B is required for graduation.

For More Information

For more information about the program please contact Dr. Runco [email protected].

Department of Economics 
Auburn University at Montgomery
Clement Hall 320G

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