Western Michigan University's Master of Arts in applied economics provides students with a strong foundation in economic analysis combined with the ability to apply theory to contemporary problems. Graduates of the program are employed in industry, government and teaching. Graduates sometimes continue their formal training in economics, pursuing a Ph.D. at WMU or another university.
Ten courses are required for the M.A. Six of these courses are required; four are electives. Electives can be used to obtain a concentration in economic development or econometrics/statistics (see below for course details). The concentration:
- Will be formally listed on your transcript upon graduation. Our program is the only M.A. program in Michigan that offers this feature.
- Includes courses in the departments of Economics, Statistics and Political Science, allowing you an interdisciplinary experience in the M.A. coursework.
You will be expected to complete the program requirements and the additional courses for your chosen concentration.
The satisfactory completion of either 30 hours of courses, or 24 hours of courses plus a master's thesis (six hours). At least an overall B average in the economics courses that you take in an advisor-approved program of study is required.
- Core courses:
- ECON 5040: Mathematics for Economists
- ECON 6030: Advanced Price Theory
- ECON 6070: Uncertainty and Information
- ECON 6190: Introduction to Econometrics
- ECON 6220: Economic Statistics
- ECON 6620: National Income Analysis
If you select the non-thesis option, you may elect to take a concentration in economic development or econometrics/statistics. As a non-thesis student who does not elect a concentration, you will take four elective courses approved by the director of graduate programs in the Department of Economics.
You must satisfactorily complete:
- A minimum of 12 undergraduate credit hours in economics or in equivalents approved by the graduate advisor.
- Intermediate level courses on microeconomics and macroeconomics theory. If you do not meet this requirement you will be admitted with conditions and be required to satisfactorily complete ECON 4030: Intermediate Microeconomics and ECON 4060: Intermediate Macroeconomics.
- At least one course in calculus. If you do not meet this requirement you will be admitted with conditions and must satisfactorily complete MATH 1220: Calculus I.
WMU has a new online graduate application system that allows all students (domestic and international) to submit required information into one system. General application information for the University, as well as specific requirements for individual programs, are captured into this system.
Applicants are asked to include some program-specific information, with a summary for these requirements found below:
- Applied economics
- Applied economics: Economic development
- Applied economics: Statistics and econometrics
Applicants are encouraged to bookmark this information for quick reference while working through the graduate application process.
Thank you for your interest in applying for this graduate program.
- Fall admission: April 1
- Spring admission: Aug. 1
Meet our students
The Department of Economics has a diverse student body with students from all over the world. Get to know our hard-working and dedicated master's students.
Contact Dr. C. James Hueng, director of graduate studies, for more information.