Regular fees: 1881 USD
Does an economic swing put your investigative mind into overdrive? Do you see the world through a mathematical lens? Do you draw dotted lines between local and global markets and the current events that surround them?
If you're the type of person who enjoys solving tough problems and working with numbers, a Master of Science in Applied Economics may be for you.
Economics is the weaving together of science, sociology, history, philosophy and mathematics to forecast futures and apply understanding to the past. Quite simply, economics is the ability to make informed decisions based on data.
Learn how to:
- Communicate economic principles, problems, findings and risk
- Integrate theories and principles into the analysis of organizational, social and political issues
- Incorporate quantitative data analysis and econometrics into research studies
- Analyze and report data with accuracy and precision
- Evaluate the impact of internal and external influences on decision-making
"It all comes back to decision making," said Sutton Puglia, an adjunct instructor at SNHU and a government economist. "Economists want to understand why things are happening and why people are making the decisions they do."
Online master's in economics students will explore diverse theoretical schools of thought and focus on the analysis of economic variables and the efficient use of resources. Students will emerge from the program with a balanced understanding of microeconomics, macroeconomics and econometric theory.
As a student in the online master's in economics program, you'll develop necessary workforce skills like:
- Data collection
- Data processing
- Investigative questioning techniques
- Building advanced economic models
- Formulating problem statements and hypotheses
- Econometric and empirical analysis
- Communication and presentation of findings
And because economists are responsible for so much of an organization's strategy, it's no wonder that the need for economists is on the rise. Projected job growth for economists is 8% through 2028, according to the U.S. Bureau of Labor Statistics, which noted in 2019 that those with at least a master's degree can expect the best prospects and a median annual salary of $104,340.
Regular fees: 1881 USD