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M.A. in Economics, Pathway - 1 Semester

Washington, D.C.

 

INTAKE: Jan, May & Aug

Program Overview

The M.A. in Economics program at American University in Washington D.C. offers students a comprehensive understanding of economic theory, quantitative methods, and policy analysis. The M.A. in Economics program at American University Washington D.C. offers students a rigorous and comprehensive education in economic theory, quantitative analysis, and policy evaluation. With its STEM designation, interdisciplinary curriculum, applied learning opportunities, and emphasis on professional development, the program prepares students for diverse and rewarding careers in economics, policy analysis, consulting, research, and academia.

Curriculum:

  1. Core Courses: The program begins with core courses that cover foundational topics in microeconomics, macroeconomics, econometrics, and quantitative methods. Students delve into economic theory, studying topics such as consumer behavior, firm behavior, market structures, national income determination, economic growth, inflation, and unemployment. They also learn statistical techniques and econometric methods for analyzing economic data and testing economic hypotheses.

  2. Advanced Electives: Students have the opportunity to customize their curriculum by selecting advanced electives based on their interests and career goals. Elective courses may cover specialized areas of economics, such as labor economics, environmental economics, health economics, development economics, or international economics. Students can deepen their expertise in specific subfields and explore cutting-edge research and policy debates.

  3. Policy Analysis and Research: The program emphasizes policy analysis and research skills, equipping students with the tools and methodologies needed to evaluate economic policies, conduct empirical research, and make evidence-based recommendations. Students learn how to analyze economic data, apply economic models, and assess the impact of policy interventions on economic outcomes. They also learn how to communicate their findings effectively to policymakers, stakeholders, and the public.

  4. STEM Designation: The M.A. in Economics program is STEM-designated, recognizing its focus on science, technology, engineering, and mathematics. STEM designation enhances international students' opportunities for employment in the United States through Optional Practical Training (OPT) and STEM Extension programs. It also reflects the program's emphasis on quantitative skills, data analysis, and empirical research methods, which are in high demand in today's data-driven economy.

  5. Interdisciplinary Perspectives: The program encourages interdisciplinary perspectives by incorporating insights from related fields such as political science, sociology, psychology, and public policy. Students explore the intersection of economics with other social sciences and gain a holistic understanding of economic phenomena and their implications for society. They examine how economic policies interact with social, political, and environmental factors, shaping individual behavior, market outcomes, and public welfare.

  6. Applied Learning Opportunities: American University's location in Washington D.C. provides students with access to applied learning opportunities at government agencies, international organizations, think tanks, research institutes, and nonprofit organizations. Students can participate in internships, research projects, policy workshops, and seminars that allow them to apply economic concepts and methodologies to real-world issues and policy challenges.

  7. Quantitative Skills Development: The program emphasizes the development of quantitative skills, including statistical analysis, econometric modeling, data visualization, and programming. Students gain proficiency in statistical software packages such as Stata, R, or Python, enabling them to analyze large datasets, estimate econometric models, and conduct rigorous empirical research. Quantitative skills are essential for careers in economic research, policy analysis, consulting, and academia.

  8. Capstone Project or Thesis: As a culminating experience, students may undertake a capstone project or thesis under the guidance of faculty mentors. They conduct original research, analyze economic data, and produce a substantial research paper that addresses a specific topic or issue in economics. The capstone project or thesis allows students to demonstrate their research skills, critical thinking abilities, and mastery of subject matter.

  9. Professional Development and Career Support: The program provides professional development resources and career support to help students launch successful careers in economics and related fields. Career services, workshops, networking events, and alumni networks assist students in exploring career options, developing job search strategies, and connecting with employers in government, consulting firms, financial institutions, research organizations, and academia.

  10. Ph.D. Preparation: For students interested in pursuing a Ph.D. in economics or related fields, the program provides a strong foundation in economic theory, quantitative methods, and research skills. Students have the opportunity to work closely with faculty mentors, engage in independent research projects, and prepare for doctoral studies. The program prepares students for admission to top Ph.D. programs in economics and positions them for successful careers in academia, research, and policy.

Pollster Education

Location

Washington, D.C.

Pollster Education

Score

IELTS: 6.5

Pollster Education

Tuition Fee

USD 23064

Entry requirements for Postgraduate programs

  1. Academic Qualifications: Prospective postgraduate students applying to American University are expected to demonstrate strong academic qualifications in their previous studies. While specific requirements may vary depending on the program, applicants typically need to hold a bachelor's degree or its equivalent from an accredited institution. The academic qualifications requirement generally falls within the range of 83% to 86%, depending on the program and the competitiveness of the applicant pool.

  2. English Language Proficiency:  

    • IELTS (International English Language Testing System): A minimum overall band score of 6.5 is required with no band less than 6.
    • TOEFL (Test of English as a Foreign Language): The minimum TOEFL iBT (internet-based test) score 80 with no band less than 17 is required.
    • PTE (Pearson Test of English): The minimum PTE Academic score required is 55 with no band less than 50.
    • DET (Duolingo English Test): The minimum DET score of 115 is required with no sub-score below 105.

American University (AU) in Washington D.C., USA, is committed to promoting diversity, equity, and inclusion by providing financial assistance to international students through various scholarship programs. These scholarships are designed to attract top talent from around the world and make an American University education more accessible to students from diverse backgrounds.  

Global Leader Scholarship: The Global Leader Scholarship at American University is a merit-based award offered to international students who demonstrate exceptional academic achievement, leadership potential, and a commitment to making a positive impact in their communities. This prestigious scholarship covers full tuition, room, and board for the duration of the student's undergraduate studies at AU.

International Peace Scholarship: The International Peace Scholarship is awarded to international students who have a strong academic record and a demonstrated commitment to promoting peace, justice, and social change. This scholarship provides partial tuition support to eligible students enrolled in undergraduate programs at American University.

AU Emerging Global Leader Scholarship: The AU Emerging Global Leader Scholarship is awarded to outstanding international students who have overcome significant obstacles and challenges to pursue their education and demonstrate leadership potential and a commitment to serving their communities. This scholarship covers full tuition, room, and board for the duration of the student's undergraduate studies at AU.

AU International Merit Scholarship: The AU International Merit Scholarship is awarded to international students with exceptional academic achievements and strong leadership qualities. This merit-based scholarship provides partial tuition support to eligible undergraduate students enrolled at American University.

AU Dean's Scholarship for International Students: The AU Dean's Scholarship for International Students is awarded to academically talented international students who demonstrate financial need and have a strong commitment to academic excellence. This scholarship provides partial tuition support to eligible undergraduate students at AU.

AU Transfer Merit Scholarship for International Students: The AU Transfer Merit Scholarship for International Students is awarded to outstanding transfer students from international institutions who demonstrate exceptional academic achievements and leadership potential. This merit-based scholarship provides partial tuition support to eligible undergraduate transfer students at American University.

AU Presidential Scholarship for International Students: The AU Presidential Scholarship for International Students is awarded to top-performing international students who have demonstrated outstanding academic achievements, leadership abilities, and a commitment to service. This prestigious scholarship covers full tuition for eligible undergraduate students at AU.

These scholarships for international students at American University reflect the university's commitment to academic excellence, diversity, and global engagement. By providing financial assistance and support to talented and deserving students from around the world, American University seeks to foster a diverse and inclusive campus community and prepare students to become global leaders and change-makers in their respective fields. International students interested in applying for scholarships at American University should review the eligibility criteria and application requirements on the university's official website and contact the Office of Admissions for further assistance.

Graduating from the M.A. in Economics program at American University in Washington D.C. opens up a myriad of career opportunities across various sectors. The M.A. in Economics program at American University Washington D.C. prepares graduates for diverse and rewarding careers in economics, policy analysis, consulting, research, academia, and entrepreneurship. With its rigorous curriculum, applied learning opportunities, and emphasis on quantitative skills and analytical thinking, the program equips students with the knowledge, skills, and professional network needed to succeed in the dynamic and interconnected world of economics.

  1. Economist: Graduates may pursue careers as economists, working for government agencies, research institutes, international organizations, or private sector firms. They analyze economic data, conduct research, and provide expert insights on economic trends, policy implications, and market dynamics. Economists play a critical role in informing policy decisions, forecasting economic conditions, and evaluating the impact of economic policies on businesses and society.

  2. Policy Analyst: Graduates may work as policy analysts for government agencies, think tanks, advocacy groups, or consulting firms. They evaluate public policies, assess their economic impact, and make recommendations to policymakers on issues such as fiscal policy, monetary policy, taxation, healthcare, education, and environmental regulation. Policy analysts help shape public policy debates, advocate for evidence-based solutions, and promote economic welfare and social equity.

  3. Financial Analyst: Graduates may pursue careers as financial analysts, specializing in investment research, asset management, or risk assessment. They analyze financial data, evaluate investment opportunities, and make recommendations to investors or portfolio managers. Financial analysts help clients optimize their investment portfolios, manage financial risks, and achieve their financial goals in a dynamic and competitive financial market.

  4. Consultant: Graduates may work as economic consultants for consulting firms, providing economic analysis, policy advice, and strategic guidance to clients in the public and private sectors. They conduct economic impact assessments, market studies, and cost-benefit analyses to support decision-making on business strategy, regulatory compliance, litigation support, or public infrastructure projects. Economic consultants help clients navigate complex economic environments, identify opportunities, and mitigate risks.

  5. Researcher: Graduates may pursue careers as researchers in academia, think tanks, or research institutions, conducting empirical research on economic issues and publishing scholarly articles in academic journals. They contribute to the advancement of economic knowledge, explore new theories, and analyze policy implications of their research findings. Researchers play a crucial role in generating evidence-based insights, fostering intellectual debate, and informing public policy discussions.

  6. Data Analyst: Graduates may work as data analysts or research analysts for government agencies, financial institutions, or data-driven companies. They collect, clean, and analyze large datasets using statistical software and programming languages to extract meaningful insights and identify trends. Data analysts help organizations make data-driven decisions, optimize business processes, and gain a competitive edge in a data-driven economy.

  7. International Trade Specialist: Graduates may specialize in international trade, working for government trade agencies, trade associations, or multinational corporations. They analyze trade policies, assess market opportunities, and provide strategic advice on international trade issues such as tariffs, trade agreements, and export-import regulations. International trade specialists facilitate global trade negotiations, resolve trade disputes, and promote international cooperation in trade and investment.

  8. Development Economist: Graduates may work as development economists for international development organizations, NGOs, or research institutes, focusing on economic development and poverty reduction in developing countries. They design and evaluate development projects, analyze development policies, and assess the impact of aid programs on economic growth, poverty alleviation, and social progress. Development economists contribute to efforts to achieve sustainable development goals (SDGs) and improve living standards in developing regions.

  9. Academic/Research Faculty: Graduates may pursue academic or research positions in universities, colleges, or research institutions, teaching courses and conducting research in economics or related fields. They may pursue tenure-track faculty positions, postdoctoral fellowships, or research scientist roles, contributing to the advancement of economic knowledge and mentoring the next generation of economists.

  10. Entrepreneur/Startup Founder: Graduates with an entrepreneurial mindset may start their own businesses or ventures, leveraging their expertise in economics to develop innovative solutions to economic challenges. They may launch startups in areas such as data analytics, economic forecasting, financial technology, or social impact investing. Entrepreneurs and startup founders play a pivotal role in driving innovation, creating jobs, and contributing to economic growth and prosperity.

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