Master of Science in Economics

About the Master of Science in Economics Degree Program

The Master of Science is designed to provide the foundation students need to succeed in a Ph.D. program or jobs requiring intensive technical, analytical, and quantitative skills. The Master of Science provides students with core conceptual knowledge about microeconomics, macroeconomics, and econometrics.  Students may apply these skills through their research, culminating in six credits of thesis, if desired.  Alternatively, students choosing the non-thesis option may further their knowledge through additional coursework.

What can I do with a Master of Science Degree in Economics?

The Master of Science provides excellent preparation for those who are planning to pursue a Ph.D. in economics, finance, or a related field. Applied economists are employed in both the private and public sectors, and are often involved in forecasting, market analysis, policy analysis and advisory activities.

Is funding available?

The  Office of Student Financial Aid & Scholarships is available to meet with any students needing information on federal- and state-based financial aid programs. For additional information on funding for graduate students, learn what funding is available through the Graduate School as well as external funding opportunities.

How do I apply?

To be considered for Fall semester, all materials must be received by April 15.
To be considered for Spring semester, application materials must be received by October 15.

Review the admissions criteria and application procedures.

More Information

Questions?

Contact the MS Economics Director

Sankar Mukhopadhyay
sankarm@unr.edu
(775) 784-8017

Courses

Master of Arts Course Requirements (Plan A: Non-Thesis Option)

  • Core Courses (6 units):
    • ECON 640 Introduction to Mathematical Economics or ECON 702 - Advanced Microeconomics (3 units)
    • ECON 703 - Advanced Macroeconomics I or ECON781 History of Economic Thought and Theory (3 units)
  • Quantitative Methods (6 units):
    • ECON 741 - Applied Econometrics (3 units)
    • Three additional credits in applied or quantitative methods selected from following
      • ECON742
      • ECON743
      • ECON758
      • IS701
      • Other courses approved by advisor
  • Electives and Tracks (15-21 units). Students will take additional credits in a particular field as approved by advisor. These may include areas such as Data Analytics, Regional Economics, Health Care Economics. Credits must include at least nine credits of economics. 
  • Applied Research (0-6 units). Students may elect to pursue an internship or write a professional paper as part of their course of studies. 
    • ECON 789 Internship
    • ECON 791 Professional Paper
  • A total of at least 33 credits of graduate-level courses, subject to graduate advisor approval.

Note(s):
The Master of Arts Plan A degree does not require a thesis. However, additional course work approved by the students faculty advisory/examining committee must be completed. Each candidate's program of study must be approved by the student's departmental advisor and the College of Business Director of Graduate Studies. Students must also meet all University and college requirements for the master's degree.

Master of Arts Course Requirements (Plan B: Thesis Option)

Specific course requirements for the master of arts in economics include:

  1. ECON 702 (Advanced Microeconomics)
  2. ECON 703 (Advanced Macroeconomics)
  3. ECON 741 (Applied Econometrics)
  4. Nine additional credits taken at the 700-level.
  5. A total of at least 24 credits of graduate-level courses, subject to graduate advisor approval.
  6. Six credits of thesis work.
  7. ECON 794, Seminar, one credit.

The master of arts degree has an optional thesis, with the approval of the graduate advisor.  Each candidate’s program of study must be approved by the student’s departmental advisor and the Director of Graduate Programs. Students must also meet all university and college requirements for the master’s degree.

Master of Science Course Requirements (Plan A: Non-Thesis Option)

Specific course requirements for the master of science in economics include:

  1. ECON 702 (Advanced Microeconomics)
  2. ECON 712 ( Microeconomics II)
  3. ECON 703 (Advanced Macroeconomics)
  4. ECON 704 (Advanced Macroeconomics II)
  5. ECON 741 (Econometrics I)
  6. ECON 742 (Econometrics II)
  7. Nine additional credits taken at the 700-level, subject to graduate advisor approval.
  8. Six additional credits taken at the 600 or 700-level, subject to graduate advisor approval.
  9. A total of at least 33 credits of graduate-level courses
  10. ECON 794 (1 credit)

Each candidate’s program of study must be approved by the student’s departmental advisor or the Director of Graduate Studies. Students must also meet all university and college requirements for the master’s degree.

Master of Science Course Requirements (Plan B:  Thesis Option)

Specific course requirements for the master of science in economics include:

  1. ECON 702 (Advanced Microeconomics)
  2. ECON 712 (Microeconomics II)
  3. ECON 703 (Advanced Macroeconomics)
  4. ECON 704 (Advanced Macroeconomics II)
  5. ECON 741 (Econometrics I)
  6. RECO 742 (Econometrics II)
  7. Six additional credits of approved graduate courses, only three of which may be taken at the 600-level
  8. Six credits of thesis work
  9. A total of at least 24 credits of graduate-level courses
  10. ECON 794 (1 credit)

The master of science degree has an optional thesis, with the approval of the graduate advisor.  Six thesis credits may be counted towards the 30 required credits, and the thesis requirements are similar to those for the master of arts in economics. Each candidate’s program of study must be approved by the student’s departmental advisor and the Director of Graduate Studies. Students must also meet all university and college requirements for the master’s degree.

Admission Criteria

The Department of Economics advises all students enrolled in the master of arts or master of science programs majoring in economics.  Graduate students are also required to take one credit of ECON 794 in addition to the credits required below unless this requirement is waived by the graduate advisor.  ECON 794 is a one-credit, pass/fail course that consists of a math workshop that is offered the week before classes begin.  Students also participate in a student orientation, departmental seminars, and a job-skills workshop.  All students are required to participate.

The standards for admission into the Graduate Program in Economics are as follows:

  • A baccalaureate (or an advanced) degree from an accredited college or university, or its equivalent
  • An overall grade-point average (GPA) of at least 3.0 on a 4.0 scale
  • International students must have a minimum TOEFL score of 500
  • Intermediate Microeconomics or comparable undergraduate course
  • Intermediate Macroeconomics or comparable undergraduate course
  • One semester of calculus
  • Official test scores

Applicants not meeting all of these requirements may enroll with Graduate Special status until they have completed a remedial course of study. Admission is competitive and meeting minimum qualifications is not a guarantee of admission.

Application Deadlines

To be considered for Fall semester, all materials must be received by April 15.
To be considered for Spring semester, application materials must be received by October 15.

Application Procedure

The Master of Arts and Master of Science in Economics programs are governed by University of Nevada, Reno Graduate School requirements. All material should be submitted online through the graduate school.

Applicants should submit the following:

  1. All required application materials as required by the Graduate School admissions requirements, including official transcripts from all previous educational institutions and GRE scores.
  2. A minimum of two and preferably three letters of recommendation.
  3. A letter of intent describing research interests, background preparation, and experience.
  4. Optional: Prospective students may elect to submit resumes and short examples of written work (articles published and/or working papers).

Candidates seeking assistantships should indicate their preference for teaching versus research assistantships in the University's application for graduate school admission.

International Students

For international student information, please consult the Office of International Students and Scholars.

Tuition, Cost Calculator and Funding

Tuition for the Master of Arts or Science in Economics programs will vary depending on the number of courses needed and the background of the student. Here are several steps you can follow to understand the cost of the program and the funding opportunities available:

  • Learn more about tuition and fees at the University of Nevada, Reno.
  • The Office of Financial Aid & Scholarships is available to meet with any students needing information on federal- and state-based financial aid programs.
  • When you apply to the program, you are simultaneously considered for available assistantships. No additional submissions are required.

International Students

View a sample table of the fees for international graduate students.

For information on funding for international students, please consult the Office of International Students and Scholars.

Economics Advisor Contact Information:

Sankar Mukhopadhyay
Director

Ansari Business AB 318F
Tel:(775) 784-8017
sankarm@unr.edu

More Info

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