The Master of Arts in Applied Economics at Illinois State University is designed for ambitious students aiming to bridge economic theory with practical application, preparing you for impactful roles in economic analysis and forecasting. This STEM-designated program emphasizes extensive training in econometrics and the use of statistical software to analyse diverse datasets, equipping you with the quantitative skills demanded by employers and graduate programs. You will delve into core economic principles and advanced electives, building a robust understanding of how economic insights drive decision-making in both the private and public sectors.
This full-time, on-campus Master's degree is structured over two years, offering you the choice between a thesis or non-thesis track. You will engage with 18 hours of core coursework, including econometrics and advanced economic theory, supplemented by electives and either a 6-hour thesis (ECO 499) or a 3-hour research project (ECO 492). You will graduate with a comprehensive skill set in applied economics, ready to pursue careers as economists, research analysts, or planners, or to advance to doctoral-level studies.