Applied Economics

Course Overview

The University of North Dakota's online Master of Science in Applied Economics prepares you to do 'real-world' economic research for a broad array of government, business, or other institutional settings. With an Master of Science in Applied Economics, you will possess the quantitative and applied skills you need to succeed as an economist involved in: economic development, strategic planning, consulting, applied research, Through online courses, experiential learning, and independent research, you will develop a strong foundation to: understand and apply economic theory. collect and analyze data. communicate technical material effectively to others. As a graduate of the master's program in Applied Economics from the esteemed UND College of Business & Public Administration, you will have: enhanced research skills in at least one specialized area, such as economic development or business economics. outstanding economic analysis and decision-making skills. advanced understanding of macroeconomic and price theories. participated in research projects through coursework or UND's Bureau of Business & Economic Research (BBER). the opportunity to participate in a research internship. Career Options for Business Economists, According to the U.S. Department of Labor, Bureau of Labor Statistics, the job prospects for economists will be best for those who have: graduate degrees in economics. skills in quantitative techniques and their application to economic modeling and forecasting. good communication skills. Demand for economic analysis should grow about as fast as average for all occupations. Job opportunities will grow the fastest for those with economic backgrounds who have specialized job functions in related occupations, such as: financial analyst, market analyst, public policy consultant, researcher or research assistant, purchasing manager, Employment growth should be best in private industry, especially in management, scientific, and technical consulting services. Rising demand for economic analysis in virtually every industry stems from the: growing complexity of the global economy. effects of competition on businesses. increased reliance on quantitative methods for analyzing and forecasting business, sales, and other economic trends.