Twin Cities Campus
Applied Economics M.S.
College of Food, Agricultural and Natural Resource Sciences
Link to a list of faculty for this program.
Department of Applied Economics Graduate Program, 231 Ruttan Hall, 1994 Buford Avenue, Saint Paul, MN 55108-6040 (612-625-3777; fax: 612-625-6245)
Along with the program-specific requirements listed below, please read the General Information section of this website for requirements that apply to all major fields.
The M.S. degree in applied economics prepares students for employment opportunities in the public and private sector and for further graduate study. This rigorous but flexible program includes core coursework in economic theory and quantitative methods and offers opportunities for specialized coursework and research in all the fields of study offered by the program.
Prerequisites for Admission
The preferred undergraduate GPA for admittance to the program is 3.00.
Other requirements to be completed before admission:
The following coursework is considered the minimum preparation for the M.S. program: micro and macroeconomic theory at the intermediate undergraduate level, statistics, two semesters of calculus, and introductory linear algebra. Additional coursework in economics, statistics, and math is highly desirable and recommended, especially for students who intend to apply for the doctoral program after completion of the M.S. degree.
Special Application Requirements:
Applicants must submit scores from the General Test of the GRE, three letters of recommendation from persons familiar with the applicant's scholarship and research potential, a complete set of college or university transcripts, and a clearly written statement of academic and career interests, goals, and objectives. For complete application instructions, visit the website: http://www.apecgrad.umn.edu/Admissions/index.htm. Students should apply by the December deadline to ensure priority consideration for admissions and funding.
Applicants must submit their test score(s) from the following:
International applicants must submit score(s) from one of the following tests:
The preferred English language test is Test of English as Foreign Language.
Key to test abbreviations (GRE, TOEFL, IELTS, MELAB).
For an online application or for more information about graduate education admissions, see the General Information section of this website.
Plan A: Plan A requires 14 major credits, 0 credits outside the major, and 10 thesis credits. The final exam is oral.
Plan B: Plan B requires 14 major credits and 0 credits outside the major. The final exam is oral. A capstone project is required.
Capstone Project:A project that demonstrates familiarity with the theoretical and empirical tools of economics. The Plan B project requires between 4 and 6 project credits (APEC 8793).
This program may be completed with a minor.
Use of 4xxx courses towards program requirements is not permitted.
A minimum GPA of 3.00 is required for students to remain in good standing.
M.S. students are required to complete graduate-level courses in microeconomic theory, macroeconomic theory, and econometrics or statistics. Students are also required to participate in two 1-credit M.S. seminars. Both Plan A and Plan B require at least 30 credits, of which at least 14 credits must be in the major field. The major field must include a minimum of 9 credits in applied economics (excluding thesis and special topics, independent study, and the M.S. seminar). Plan A requires 10 thesis credits. Plan B requires a 4- to 6-credit project. For more information about program requirements, refer to the department's Graduate Program Student Handbook: http://www.apecgrad.umn.edu/prod/groups/cfans/@pub/@cfans/@apec/documents/asset/cfans_asset_352638.pdf.