Applied Economics

The University of Cincinnati offers a comprehensive Applied Economics program designed to equip students with practical skills and theoretical knowledge essential for analyzing economic issues and making informed decisions in various sectors. This program combines rigorous coursework in microeconomics, macroeconomics, econometrics, and quantitative methods with real-world applications to prepare graduates for careers in business, government, policy analysis, and consulting. Students will gain a solid understanding of economic principles, market dynamics, and data analysis techniques, enabling them to interpret economic trends and develop strategies grounded in empirical evidence. The curriculum emphasizes critical thinking, problem-solving, and effective communication skills, ensuring that graduates can analyze complex economic problems and articulate their findings clearly. Through a blend of classroom instruction, case studies, and experiential learning opportunities such as internships and projects, students will develop practical expertise that aligns with current industry demands. The program also encourages interdisciplinary approaches, integrating knowledge from finance, management, and public policy to provide a well-rounded education. Graduates of the Applied Economics program will be well-prepared to pursue advanced degrees or to embark on professional careers such as economic analysts, policy advisors, financial consultants, or research specialists. With access to cutting-edge resources and a faculty renowned for their research and industry experience, students will be positioned to excel in competitive job markets. The University of Cincinnati's Applied Economics program is committed to fostering analytical capabilities, economic literacy, and strategic thinking, empowering students to make meaningful contributions in diverse economic and business environments.

The MA in Applied Economics degree requires the completion of 30 semester credit hours.  These 30 semester hours do not include the Business Core courses required of all graduate students.

Econometric electives. Students will typically take two of the following econometric electives.

• Advanced Statistical Models, Econ 8012 / OBAIS 7042
• Bayesian Econometrics, Econ 8013
• Spatial Econometrics, Econ 8014
• Panel Data Econometrics, Econ 8015

Other electives. Students will typically choose 4 credit hours of electives from among:

• Topics in Macroeconomic Theory, Econ 8031
• International Economics, Econ 8040
• Personnel Economics, Econ 8060
• Industrial Organization, Econ 8070
• Urban and Regional, Econ 8080
• Electives from other graduate Business courses may be chosen if approved by the Academic Director of the MA-Applied Economics program

• A current resume
• A scanned digital copy of all transcripts from all prior academic institutions 
  • Applicants who have received a degree in China must have their degrees verified by the China Academic Degrees and Graduate Education Development Center (CDGDC).  Be prepared to upload a copy of the CDGCD report.
  • Applicants with a three-year bachelor's degree should visit WES's free Degree Equivalency tool to determine whether their degree is equivalent to a four-year bachelor's degree in the U.S. Email graduate@uc.edu if you have any questions.
• Contact information for letters of recommendation.  You will need letters from two people who are familiar with your ability and accomplishments.  We strongly prefer that at least one reference come from an employer. Please contact your references before starting your online application as once your references are included in the online application system, you will not be able to change them.
• A statement of career goals.
• Transcripts
• GMAT: Can be sent using college/program name
• GRE/TOEFL: Can be sent using school code 1833
• TOEFL Minimum: 90 internet based, 233 computer based, 577 paper based
• IELTS Minimum: 6.5

Want to improve your English level for admission?

Prepare for the program requirements with English Online by the British Council.

• ✔️ Flexible study schedule
• ✔️ Experienced teachers
• ✔️ Certificate upon completion

📘 Recommended for students with an IELTS level of 6.0 or below.

Enroll in the course

Scholarships

• Graduate Assistantships
• Graduate Incentive Award

Applied Economics at the University of Cincinnati offers students a comprehensive understanding of economic principles and their practical application in real-world scenarios. The program is designed to equip students with analytical skills, economic modeling capabilities, and a solid foundation in microeconomics and macroeconomics, preparing them for careers in business, government, and non-profit organizations. Students study core courses such as economic theory, quantitative methods, and data analysis, alongside specialized electives in areas like public policy, international economics, and industrial organization. The curriculum emphasizes critical thinking, problem-solving, and the effective communication of economic ideas, ensuring graduates are well-prepared to interpret economic data, evaluate policies, and make informed decisions. The program combines theoretical coursework with opportunities for internships and research projects, allowing students to gain practical experience. Faculty members are experts in their fields, often involved in research that influences economic policy and practices. Graduates of Applied Economics at the University of Cincinnati have gone on to successful careers in economic consulting, financial analysis, government agencies, and academia. The university provides various resources, including career services, networking events, and partnerships with industry leaders, to support student success and employment prospects. The program encourages an interdisciplinary approach, enabling students to understand the interconnectedness of economics with other fields such as politics, technology, and environmental issues. Overall, the Applied Economics program aims to develop graduates who are capable of analyzing complex economic problems and offering innovative solutions in diverse professional settings.