Master On Campus

Economics - Applied Economics

Illinois State University

12 months
838 USD/credit 28492 USD/year
838 USD/credit 28492 USD/year
404 USD/credit 13736 USD/year
Tuition fee
Apply date
Start date


Our master’s degree in Economics - Applied Economics at Illinois State University links basic economic theory and statistical techniques to real-world problems faced by decision makers.


About this Degree

With emphasis on extensive training in econometrics and forecasting, exposure to working with large and diverse data sets, and a wide range of statistical software, this program gives students the applied skills that employers demand and provides those pursuing advanced degrees an edge in gaining admission to top Ph.D. programs.

The Economics - Applied Economics sequence at Illinois State University is designed to train students in the quantitative and applied economic skills that will best enhance their future employment opportunities as economists, research analysts, or planners in the private and public sectors. While the curriculum is structured as a terminal degree in applied economics and many graduates have advanced to doctoral-level programs in economics and in related disciplines, the program is also well suited for individuals who wish to return to school to obtain a graduate degree in a business-related discipline for the purpose of career advancement.

Programme Structure

Courses include:

  • Fundamentals Of Econometrics

  • Microeconometrics

  • Applied Time Series Econometrics And Forecasting

  • Advanced Microeconomic Theory

  • Graduate Research In Applied Economics

  • Graduate Readings In Economics

Key information


  • Full-time
    • 12 months

Start dates & application deadlines


34 SCH


On Campus

Academic requirements

GPA admission requirements GPA
GRE admission requirements GRE®

Other requirements

General requirements

  • have earned a four-year bachelor's degree or its equivalent from a college or university that is accredited by the appropriate regional accrediting association, or do so within one academic year
  • present unofficial transcripts from each college or university other than Illinois State at which graduate, undergraduate, or non-degree credit was earned. 
  • A student admitted in the program must have a cumulative GPA of 3.0 on a 4.0 scale for either the last 60 hours of undergraduate coursework or any previous work in a master’s program. 
  • Graduate Record Examination (GRE)
  • Letters of Recommendation
  • a current resume or C.V.
  • a two-page statement of purpose explaining your interest in the Applied Economics graduate sequence at Illinois State University, your academic and professional goals, and what you hope to achieve as a graduate student in Economics

Tuition Fee

To alway see correct tuition fees
  • International

    28492 USD/year
    Tuition Fee
    Based on the tuition of 838 USD per credit during 12 months.
  • National

    28492 USD/year
    Tuition Fee
    Based on the tuition of 838 USD per credit during 12 months.
  • In-State

    13736 USD/year
    Tuition Fee
    Based on the tuition of 404 USD per credit during 12 months.

Living costs for Normal

1100 - 1500 USD /month
Living costs

The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.


Studyportals Tip: Students can search online for independent or external scholarships that can help fund their studies. Check the scholarships to see whether you are eligible to apply. Many scholarships are either merit-based or needs-based.

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Economics - Applied Economics
Illinois State University


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