Master of Arts in Economics

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Business Forecasting - ECN 4480

Master Economics with Applied and Theoretical Knowledge

A Master of Arts in Economics from University of Detroit Mercy produces graduates capable of applied research and  progression to doctoral programs. Grounded in a liberal arts foundation, this graduate degree provides students with a deeper knowledge of history, institutions and forces at work in the world economy. The flexibility of this program allows students to pursue or blend an applied concentration or a theoretical concentration providing a more practical orientation.

Earning your Master of Arts in Economics prepares you for career advancement in the private sector, non-profit institutions, school systems, industry and financial institutions, as well as in various levels of government. Earning your M.A. in Economics from Detroit Mercy prepares students with applied and theoretical knowledge to fulfill the essential demand in today's business world.

This is a flexible program designed to produce graduates capable of applied research and progression to doctoral programs. Students can choose to work with instructors on topics of common interests. They can also get the assistance of instructors on techniques and research methods.

2020 median pay economists with master's degree
Economist job growth faster than average 2019-29
economics-masters-degree-typically-required

Program Benefits

  • Begin the program in fall, winter or summer.
  • For full time students, the program can be completed in one year.
  • The program is offered completely online or at Detroit Mercy’s McNichols Campus, with the online program being offered at a substantial savings.
  • Small class sizes allow professors and students to interact for effective teaching and learning.
  • No GRE/GMAT required.
  • Career Pathways

A Master of Arts in Economics from Detroit Mercy prepares you for career advancement in the private sector, non-profit institutions, school systems, industry and financial institutions, as well as in various levels of government. Types of careers include business manager, economist, business analyst, economic analyst, consultant, policy advisor and economic advisor.

While you are a student completing courses relevant to the world of economics, you will also have opportunities to work with expert financiers as instructors and research leads. Faculty areas of expertise include labor economics, health economics, network economics, banking, investment banking, international economics and political economy.

John Lupo
John Lupo,
Master of Arts in Economics

“The ability to do the entire degree online was a real selling point for me—I’ve been able to pursue my Masters while still working a full-time job and balancing other life responsibilities. While I am still in the midst of the program, I’ve already been exposed to a wide variety of economic topics—from the econometric skills used to drive micro-business actions to the wide-scale techniques used to map the development of entire nations. Economics has been a passion of mine for years, and this program is allowing me to explore that passion to the fullest. Not only is it teaching me skills that can be useful in my current role as a data analyst, but I know that the program is developing me for a future leap into becoming a full-time economist.”

Chistopher Sauerwein
Christopher Sauerwein '21,
Master of Arts in Economics

"My experience in the economics graduate program at Detroit Mercy was wonderful and challenging. I learned fundamental theoretical concepts while being challenged beyond my comfort zone in quantitative courses, which gave me confidence in creating econometric models. There is much to be explored regarding the nature of the firm as it relates to contracts and law production!"

Paul Garbarino
Paul Garbarino '20,
Master of Arts in Economics

"Working as an economist with the Bureau of Labor Statistics strongly correlates with my career goals and skillsets. I've just moved out to Washington, D.C. to carry out my new career/adventures in the nation's capital. I largely attribute my career promotion to the Master of Arts in Economics Program at University of Detroit Mercy. The courses I took with Christopher Rakovalis and Joseph Weglarz, such as 'Theory of International Trade,' 'Economics of the Public Sector,' and 'Money and Capital Markets' were extremely insightful, and I enjoyed them all. I greatly appreciate the time Rakovalis and Weglarz dedicated to me and the program. I look forward to staying in touch with them in the future!"

Admission to the Programs

Requirements for Acceptance into the Graduate Degree Economics Program*

  • An undergraduate degree in economics or business administration is preferred.
  • An overall grade point average of 3.0 or better.

*Please contact us if you are interested in these programs but do not meet the above requirements.

Contact
Victoria Mantzopoulos, Ph.D.
Associate Dean & Professor
College of Liberal Arts & Education

Email: armstrov@udmercy.edu

Detroit Mercy economics rankings For a complete list, please visit our national rankings page.

University of Detroit Mercy Graduate Programs for Economics

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  •  

    Master of Arts in Economics (McNichols Campus)

    Degree: Master of Arts in Economics
    Credits: 30

    A Master of Arts in Economics from University of Detroit Mercy produces graduates capable of applied research and progression to doctoral programs. Grounded in a liberal arts foundation, this graduate degree provides students with a deeper knowledge of history, institutions and forces at work in the world economy. The flexibility of this program allows students to pursue or blend an applied concentration or a theoretical concentration providing a more practical orientation.

    University of Detroit Mercy's Master of Arts in Economics will prepare you for career advancement in the private sector, non-profit institutions, school systems, industry and financial institutions, as well as in various levels of government. The Master of Arts in Economics prepares students with applied and theoretical knowledge to fulfill the essential demand in today's business world. The degree will also prepare you for managerial advancement in the rapidly evolving international sector of the economy.

    Note: Students who elect their course of study at the McNichols campus are not eligible to take classes online or through Macomb University Center at the discounted rate. Online only students are not eligible to take classes at the McNichols Campus or Macomb University Center. 

    Sample Syllabi

    • ECN 5100 - Economic Analysis of Enterprises
    • ECN 5120 - Analysis of Economic Conditions
    • ECN 5150 - Quantitative Foundations for Data Analysis
    • ECN 5480 - Business Forecasting
    • ECN 5500 - Advanced Microeconomics Analysis I
    • ECN 5600 - Advanced Macroeconomic Analysis I
    • ECN 5660 - International Monetary Analysis

     

  •  

    Master of Arts in Economics (Online)

    Degree: Master of Arts in Economics
    Credits: 30

    In just ONE academic year, you could earn a Master of Arts in Economics completely online from University of Detroit Mercy.

    A Master of Arts in Economics from University of Detroit Mercy produces graduates capable of applied research and progression to doctoral programs. Grounded in a liberal arts foundation, this graduate degree provides students with a deeper knowledge of history, institutions and forces at work in the world economy. The flexibility of this program allows students to pursue or blend an applied concentration or a theoretical concentration providing a more practical orientation.

    Consider these features and benefits:

    • 30 credits/10 courses
    • No GRE/GMAT required
    • Accredited by the Higher Learning Commission's North Central Association of Colleges and Schools
    • Structured lectures with discussion boards, weekly self-assessments and timed exams with the economics courses
    • Taught by the full-time faculty who teach the on-campus economics and financial economics courses
    • Substantial savings of almost 50% off with the online economics degree program over attending on-campus classes.  Please click here for the fee and tuition schedule for online programs.*
    • Upon successful completion of the online program, your diploma will be from University of Detroit Mercy with no reference to an online economics degree.
    • You are welcome to join us for the commencement ceremony in Detroit, Michigan, and walk across the stage. 

    University of Detroit Mercy's Master of Arts in Economics will prepare you for career advancement in the private sector, non-profit institutions, school systems, industry and financial institutions, as well as in various levels of government. The Master of Arts in Economics prepares students with applied and theoretical knowledge to fulfill the essential demand in today's business world. The degree will also prepare you for managerial advancement in the rapidly evolving international sector of the economy.

    Sample Syllabi

    • ECN 5100 - Economic Analysis of Enterprises
    • ECN 5120 - Analysis of Economic Conditions
    • ECN 5150 - Quantitative Foundations for Data Analysis
    • ECN 5480 - Business Forecasting
    • ECN 5500 - Advanced Microeconomics Analysis I
    • ECN 5600 - Advanced Macroeconomic Analysis I
    • ECN 5660 - International Monetary Analysis

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