MA in Applied Economics

Admission Requirements

Applicants are considered on an individual basis. Transcripts from all colleges and universities attended in the last eight years must be submitted. In addition to the Graduate College minimum requirements, applicants must meet the following program requirements:

  • Baccalaureate Field An undergraduate degree in economics is not required. Prior academic work must include one semester of calculus and statistics. Applicants are encouraged to take at least one more semester of calculus and intermediate microeconomic theory.
  • Grade Point Average At least 3.00/4.00 for the final 60 semester hours (90 quarter hours) of undergraduate study.
  • Tests Required GRE
  • Minimum English Competency Test Score
    • TOEFL 550 (paper-based); 80, with subscores of Reading 19, Listening 17, Speaking 20, and Writing 21 (iBT Internet-based), OR,
    • IELTS 6.5, with subscores of 6.0 for all four subscores, OR,
    • PTE-Academic 54, with subscores of Reading 51, Listening 47, Speaking 53, and Writing 56.
  • Letters of Recommendation Three letters are required.
  • Personal Statement A personal statement is required.
  • Deadlines Application deadlines for this program are listed on the Graduate College website at http://grad.uic.edu/deadlines.

Degree Requirements

In addition to Graduate College minimum requirements, students must meet the following program requirements:

  • Minimum Semester Hours Required 40.
  • Course Work At least 32 hours must be in economics. ECON 520 and ECON 599 cannot be used to satisfy any MA in Applied Economics requirement.
Required Courses
Mathematical Methods for Economics
Probability and Statistics for Econometrics
Applied Microeconomics I
Applied Microeconomics II
Applied Macroeconomics
Applied Econometrics
Research Design
Reading, Writing and Speaking Economics
Select one of the following:
Master's Thesis Research (8 hours)
Two graduate-level courses in economics or a related field, approved by the program director.
  • Comprehensive Examination None.
  • Thesis, Project, or Course-Work-Only Options Thesis or course work only. No other options are available.
    • Thesis: No more than 8 hours of ECON 598 can be applied to the degree.
    • Course Work Only: Students who do not write a thesis must take two courses at the 400 or 500 level that are approved by the program director.