Nationally ranked schools for economics include the University of Chicago, which gives students the opportunity to earn an economics master's degree on the way to a Ph.D., and New York University (NYU), which offers a stand-alone master's degree program. Read on to learn more.
1. University of Chicago in Illinois
|School Highlight: Princeton Review named the University of Chicago a 'Best Midwestern College' and a 'Top 50 College That Pays You Back' among private schools in 2015.|
The University of Chicago was tied for the best economics graduate program in 2013, according to U.S. News and World Report. Students admitted into the economics Doctor of Philosophy (Ph.D.) program can obtain a master's degree by meeting basic course requirements. Courses are offered in price theory, quantitative methods, economic research and analysis, mathematical economics and economic history. Although the Ph.D. program is completed after five years of study, the master's degree component may be obtained after nine courses.
2. New York University in New York City
|School Highlight: Located in Manhattan's Greenwich Village neighborhood, NYU is the country's largest private university.|
NYU's economics graduate program, offered through the College of Arts and Science's Department of Economics, was ranked tied for 11th-best in the nation by U.S. News and World Report in 2013. Students in the department can pursue a Master of Arts (MA) in Economics, a degree program that requires five core classes, five electives and a comprehensive economics research paper. Students take courses in applied microeconomics, international finance and economic development. Though students have a 5-year time frame to complete the program, the degree can be obtained within three semesters of study.
Top Economics Master's Degree Programs
|Columbia University||New MA program in economics, which begins in Fall 2015, will focus on research and preparation for a doctoral program||New York, NY|
|Johns Hopkins University||Master of Science (MS) program in applied economics offered on a part-time or full-time bases, and the degree can be earned online or through evening classes held at the university's Washington D.C. campus||Baltimore, MD|
|Northwestern University||Competitive BA/MA program in economics offered that can be completed in four years; students apply for admission by invitation during their junior year||Evanston, IL|
|Purdue University||MS degree in economics offered in a part-time, online format or in a hybrid format which requires time on campus during the second year of study||West Lafayette, IN|
|Syracuse University||MA in Economics can be earned in a calendar year of full-time study, but some students may need three semesters and a summer session to complete studies||Syracuse, NY|
|University of Michigan - Ann Arbor||Master of Applied Economics (MAE) program offered for students who want to pursue field work in economics instead of a career in academics; students may choose to do interdisciplinary study or earn a dual degree in economics and public health, social work, law or business administration||Ann Arbor, MI|
|The University of Texas at Austin||Master's degree in economics can be earned in 10 months of study||Austin, TX|
|University of Wisconsin - Madison||Students earning a master's degree in economics study a seven-course core curriculum that encompasses microeconomics, macroeconomics and econometrics; program may be completed in three semesters||Madison, WI|