Masters Degree in Economics
The financial well-being of each individual citizen is directly impacted by the decisions and influence of economists. Economists make decisions every day about how to research and evaluate data related to monetary or production value, such as, labor output, raw materials, machinery, finished goods, natural resources, and land. And their judgments affect the flow of money, the number of available jobs, and the overall economic opportunity within our society. If you'd like to work as an economist, a masters degree in economics provides an advanced education to launch your economics career. A masters degree in economics is a two to three-year graduate degree that qualifies you for an advanced position in economics or can be used as a steppingstone to a doctorate degree in a related field.
Masters Degree in Economics Success Factors
Earning a masters degree in economics requires that you can lead a team towards common goals, are good working alone but can also communicate effectively to people at all levels, possess great communication skills, demonstrate competence in leadership, are decisive, and are a logical thinker.
Masters Degree in Economics Skills
A masters degree in economics teaches you the fundamental skills necessary for success in an economics career, including competency in the use of technical analysis software, ability to recognize economic trends and patterns, writing and reporting skills, data acquisition skills, competency in various data analysis techniques, and critical thinking skills.
Masters Degree in Economics Specializations
While earning a masters degree in economics, you are able to specialize in a particular area of economics, including gaming theory, experimental economics, theory of urban and regional economics, developmental economics, monetary theory, advanced microeconomic theory, and econometrics.
Masters Degree in Economics Curriculum
In addition to advanced coursework in the field of economics, you may be required to complete a masters thesis and/or a comprehensive examination, also known as comps. A masters thesis in economics is an extensive research paper on a significant topic in the field of economics, while comps involve extensive testing of all the subjects pertinent to the field of economics. The courses you take while earning a masters degree in economics include economic theory, microeconomics, mathematical economics, statistical mathematics, advanced mathematics, macroeconomics, statistical analysis and theory, English, literature, and history.
A masters degree in economics is an advanced educational credential that will qualify you for most careers in the field of economics. Economists find work in a variety of fields, including banking, investment, transportation, government, nonprofit organizations, political consulting, and manufacturing. Typical economics careers include econometrician, business journalist, legislative assistant microeconomist, international economist, labor economist, public finance economist, and macroeconomist.