Master of Arts in Economics
The MA in Economics generally functions as a progress or exit degree for our PhD program rather than as a stand-alone degree program. The MA coursework fully overlaps with the PhD coursework. For some applicants, the MA might serve as a terminal two-year degree providing advanced training in economic theory, econometrics, and applied areas for those seeking careers in business, government, or not-for-profit organizations. The degree can also provide students with further training prior to embarking on a more advanced degree in economics, public policy, business, law, or other disciplines. However, many students may choose to apply for either our MA in Applied Economics or PhD in Economics instead.
MA students are not eligible for funding; the Economics Department's limited funding is reserved for PhD students only.
Admission to the MA in Economics requires applicants to meet the standards for PhD admission, including prerequisite coursework, without being eligible for the same funding as PhD students. Because of this, students often find it in their best interest to apply directly to the PhD program rather than applying for the MA in Economics. Students who have not met the PhD prerequisite requirements are encouraged to consider the MA in Applied Economics.
Information on the application process can be found on our Admissions page. If you are unsure of which degree program best fits your background and interests, please contact us at econ@uic.edu.