Program Overview
The masters in economics program at the University of Kansas provides students with advanced knowledge and analytical skills needed to evaluate economic issues, interpret quantitative evidence, and understand complex market behavior. This master of arts in economics combines rigorous theoretical training with applied quantitative methods, preparing students for careers in research, policy, and data-driven decision-making. Through a comprehensive curriculum, world-class faculty, and hands-on research experiences, students in the masters in economics develop expertise that positions them for leadership roles in both the public and private sectors.
Whether you’re interested in data analysis, policy research, financial modeling, or economic strategy, the masters in economics equips you with advanced tools in microeconomic theory, macroeconomic analysis, and econometrics. Students gain experience applying economic reasoning to issues affecting government agencies, corporations, nonprofit organizations, and global markets. As one of the region’s established economics masters programs, KU’s program emphasizes both technical proficiency and clear communication of economic insights.
Program highlights include:
- Rigorous Core Curriculum: Advanced coursework in microeconomic theory, macroeconomic theory, and econometrics, along with opportunities to explore fields such as labor economics, international trade, public finance, and industrial organization.
- Capstone or Thesis Pathways: Students may complete the 30-credit-hour degree through a research-based thesis or a coursework-only option. The thesis pathway, which includes an oral defense before a faculty committee, is recommended for students planning to pursue a doctoral program. The coursework-only pathway suits students entering professional roles directly after graduation.
- Close Faculty Interaction: Access to expert faculty members who guide students through advanced economic theories, quantitative modeling, and independent research.
- Strong Alumni Network: Connect with KU’s extensive network of economics professionals across business, consulting, finance, and public policy sectors.
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For more information about the program, visit the program page below.
Economics, MAKU College of Liberal Arts and Sciences
The Master’s in Economics is part of the College of Liberal Arts and Sciences, home to a collaborative and creative community making the world better through inquiry and research.Master’s in Economics Learning Outcomes
Upon completion of the masters in economics, graduates will be able to:
- Demonstrate advanced understanding of microeconomic and macroeconomic theory.
- Apply econometric and quantitative methods to analyze economic data.
- Design and conduct independent economic research using appropriate theoretical and statistical tools.
- Interpret empirical findings and communicate results clearly in written and oral formats.
- Evaluate economic policies and market outcomes using rigorous analytical frameworks.
- Apply economic reasoning to contemporary issues in domestic and global contexts.
These learning outcomes reflect the department’s emphasis on theory, quantitative analysis, and research skills central to leading economics masters programs.
What Careers are Possible with a Master’s in Economics?
Graduates of KU’s masters in economics program are equipped with analytical, quantitative, and communication skills that are highly valued across industries. The versatility of a master of arts in economics supports both immediate employment and preparation for doctoral study. Common masters in economics jobs include:
- Economist
- Data Analyst
- Policy Analyst
- Financial Analyst
- Market Research Analyst
- Economic Consultant
Graduates work in corporate strategy, banking and finance, consulting firms, nonprofit research organizations, and government agencies at the local, state, and federal levels. According to Lightcast, professionals with advanced economics training often earn competitive wages, and masters in economics salary outcomes commonly reflect strong earning potential depending on industry, geographic region, and years of experience. Roles requiring advanced quantitative expertise frequently command salaries in the upper range of economic and data-focused professions.
Tuition and Financial Aid
The cost of the Master’s in Economics program is competitive and varies depending on residency and enrollment status. MA students are responsible for securing their own funding, as departmental fellowships and graduate assistantships are reserved for PhD students. Federal student loans and need-based aid may be available through KU Financial Aid & Scholarships. Use KU’s Tuition Calculator to estimate costs based on your residency status and enrollment.Admission Requirements
To be considered for the masters in economics program at the University of Kansas, applicants must meet the following requirements:
- A bachelor’s degree from an accredited institution
- Applicants should have completed Calculus I–II, a statistics course, and intermediate courses in microeconomics, macroeconomics, and econometrics.
- GRE scores are optional
- Resume/CV
- Three letters of recommendation from academic or professional references
- A statement of purpose outlining your interest in economics and career goals
For more detailed information on the admissions process, please visit KU Graduate Admissions.
Student Life and Learning Experiences
Students in the masters in economics benefit from a research-focused academic environment. As a master of arts in economics student, you will engage in advanced coursework, collaborate with faculty on research projects, and develop applied quantitative skills using professional statistical software and large-scale datasets.
The department fosters close mentorship between faculty and graduate students. Many students present research findings at conferences or contribute to faculty-led research initiatives. These experiences strengthen preparation for competitive masters in economics jobs or doctoral study.
Beyond academics, graduate students have opportunities to connect through departmental events, seminars, and student organizations. Professional development workshops, career counseling, and university-wide graduate resources further enhance the student experience while completing the masters in economics.
Master’s in Economics Sample Courses
The masters in economics curriculum emphasizes advanced theory and quantitative analysis. Students in the masters of economics may take courses such as:
- Money and Banking
- International Trade
- Industrial Organization and Antitrust Policy
- The Economics of Financial Markets
- Game Theory and Applications
Course offerings support both thesis and non-thesis pathways within the master of arts in economics, allowing students to tailor their studies toward research, policy, or applied professional careers. For a complete list of courses and more information, visit the KU Catalog.
Master’s in Economics Frequently Asked Questions
When should I apply?
Applications submitted before May 1 receive first consideration for fall or summer admission. Applications submitted before November 1 receive first consideration for spring admission.
How long will it take to complete the degree?
Students typically complete this degree in two years.