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The Department of Economics offers graduate work leading to the master of arts and the doctor of philosophy degrees. The program prepares students for careers in government and private enterprises, colleges, universities and research institutions through training in the techniques and applications of economic analysis, interpretation of data and the formulation and appraisal of public policy. Admission may be granted at any time to qualified students.

Degrees Offered

Master of Arts in Economics

100% Online On Campus

Admission criteria

Fall deadline: None
Spring deadline: None

Students with a bachelor’s degree in any field may apply for admission into the master’s program. Applicants are admitted on the basis of an undergraduate record, with particular emphasis on performance in economics, mathematics, and statistics courses, performance on the GRE, and letters of recommendation. Although the graduate program assumes mathematical background through calculus (normally two or three semesters of college calculus), as well as undergraduate economics training, applicants with more limited backgrounds may be accepted into the program. Such individuals will be assigned supporting course work, some or all of which may be counted toward fulfilling requirements.

Minimum GRE Scores

Test TypeVerbalQuantitative
GRE146155

*GRE scores are not required for the online/distance Master of Arts program.

Minimum English Proficiency Requirements

Test TypeTotal ScoreReadingListeningSpeakingWriting
TOEFL Internet -based8017171717
TOEFL Paper-based5505252N/A52
IELTS Academic6.56666

Required Application Materials

For the Office of Graduate Studies

  • Completed Graduate Studies online application
  • Unofficial Transcripts- As part of the application submission process, all applicants are required to upload unofficial copies of all post-secondary transcripts to the online application. Official transcripts are only required if accepted by the academic program.
  • Official Results of English Proficiency Exams (International applicants only)

For the Economics Program

  • 2 letters of recommendation (uploaded through the online application or mailed directly to the department)
  • Resume (uploaded through the online application or mailed directly to the department).
  • Personal statement (uploaded through the online application or mailed directly to the department).
  • Official GRE scores (GRE scores are not required for the online/distance Master of Arts program.)
  • International students: copy of official TOEFL or IELTS scores

Doctorate in Economics

On Campus

Admission Criteria

Fall deadline: February 1

  • Undergraduate GPA: 3.0
  • Ordinarily, to be accepted for advisement in the PhD program, a student must have a master’s degree in economics, or, alternatively, the student must meet the requirements for admission to the MA program, together with the requirement of an adequate background in economics, mathematics and statistics.

Minimum GRE Scores

Test TypeVerbalQuantitative
GRE146155

Minimum English Proficiency Requirements

Test TypeTotal ScoreReadingListeningSpeakingWriting
TOEFL Internet -based8017171717
TOEFL Paper-based5505252N/A52
IELTS Academic6.56666

Required Application Materials

For the Office of Graduate Studies

  • Completed Graduate Studies online application
  • Unofficial Transcripts- As part of the application submission process, all applicants are required to upload unofficial copies of all post-secondary transcripts to the online application. Official transcripts are only required if accepted by the academic program.
  • Official Results of English Proficiency Exams (International applicants only)

For the Economics Program

  • 3 letters of recommendation (uploaded through the online application or mailed directly to the department)
  • Resume (uploaded through the online application or mailed directly to the department)
  • Personal statement (uploaded through the online application or mailed directly to the department)
  • Official GRE scores
  • International students: copy of official TOEFL or IELTS scores

Requirements for the doctoral degree

For those entering the program with a bachelor’s degree, the following courses are required:

  • Econ 8370 (mathematics for economics);
  • Econ 9451 and Econ 9452 (microeconomics);
  • Econ 9453 and Econ 9454 (macroeconomics);
  • Econ 9472 and Econ 9473 (econometrics);
  • 6 credit hours of Econ 9413 (PhD research workshop);
  • 6 credit hours of 9000-level economics courses in one area of specialization;
  • Four other 9000-level economics courses (excluding 9090 and 9480);
  • Up to 15 credit hours of Econ 9085, Econ 9480 or other approved electives;
  • 12 or more credit hours of dissertation research (for a total of 72 credit hours).

Courses taken to satisfy these requirements (except dissertation research) may be taken while earning an MA at MU, or, as with students entering the program with prior graduate coursework, at other accredited colleges and universities as recommended by the Graduate Studies Committee.