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University of Michigan
Ann Arbor
United States

Applied Economics

About

The Master of Arts in Applied Economics at the University of Michigan provides a rigorous program for students aiming to develop advanced analytical, quantitative, and policy evaluation skills in economics. The curriculum emphasizes microeconomics, macroeconomics, econometrics, and applied research methods, preparing students to analyze economic data, forecast trends, and evaluate public and private sector policies. Students engage in hands on research projects, data modeling, and empirical analysis, developing the skills necessary to solve complex economic problems. This program cultivates both analytical expertise and research proficiency, equipping graduates to contribute to economic policy, business strategy, and academic research.

Learners participate in a comprehensive academic environment where theory, applied methods, and policy analysis intersect. The curriculum offers opportunities for applied projects, econometric modeling, and interdisciplinary collaboration, allowing students to explore sectors such as finance, government, and international trade. Through mentorship, seminars, and research assignments, students refine data analysis, problem solving, and critical thinking skills. With a focus on practical application and evidence based research, the program prepares graduates to lead initiatives in economic consulting, policy analysis, and financial institutions.

Key information

Duration
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Tuition fee
$60,634.00/year
Start dates & application deadlines
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More details
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Key Facts

  • Program Title: Applied Economics
  • Degree Type: Master of Arts
  • Duration: 2 years
  • Mode of Study: Full-time, On Campus
  • Application Deadline: 15 January 2026
  • Location: University of Michigan, United States
  • Field of Study: Economics
  • Language of Instruction: English

Program Structure

Semester 1 - Foundations in Applied Economics

• Microeconomic Theory
• Macroeconomic Theory
• Quantitative Methods for Economists
• Introduction to Econometrics

Semester 2 - Intermediate Economic Analysis

• Applied Econometrics
• Public Policy Evaluation
• Economic Modeling and Forecasting
• Elective in Specialized Economic Topics

Semester 3 - Research and Specialization

• Advanced Econometric Techniques
• Sectoral Economics and Policy
• Applied Research Project
• Seminar in Economic Analysis

Semester 4 - Thesis and Professional Development

• Master’s Thesis Research
• Data Analysis and Interpretation
• Policy and Economic Communication
• Professional Skills for Economists

Career Opportunities

Graduates of this program gain strong analytical, research, and quantitative skills that prepare them for careers in economic consulting, government agencies, financial institutions, and academic research. They acquire expertise in data analysis, policy evaluation, and econometric modeling, enabling them to provide evidence based insights for decision making in business and public sectors. The program also prepares students for roles in international organizations, think tanks, and research institutions. Graduates leave equipped to analyze complex economic problems, contribute to strategic planning, and influence economic policy at regional, national, and global levels.

Why Choose This Program

This program is ideal for students seeking a curriculum that integrates quantitative analysis with applied economic research, offering opportunities for empirical projects, data modeling, and policy evaluation. Learners benefit from faculty mentorship, applied research experience, and collaborative projects that strengthen analytical, problem solving, and research skills. The curriculum emphasizes evidence based decision making, critical thinking, and interdisciplinary approaches, preparing graduates to address complex economic challenges and develop innovative solutions. With its focus on practical expertise and research excellence, the program provides a robust academic environment for students aspiring to careers in applied economics, policy, and finance.

Contact Information

For further information, please contact the admissions office at:
Phone: 734-764-8129
Email: rackadmis@umich.edu
Address: Graduate Admissions Office, University of Michigan, Ann Arbor, MI 48109, USA