Online Programs

Online MA in Economics, Applied Economics Specialization

Cultivate Your Potential to Make a Quantifiable Difference

Any thriving society relies on a healthy economy. As a result, economists with the ability to design policies to foster a healthy economy, and predict or estimate the impact of these policies, are highly valued. American University offers an online MA in Economics with a specialization in applied economics to give you the knowledge, credentials and analytical and communication skills to make a difference in your career—and in the world.

To make an impact as an economist you need a solid understanding of economic theory, the analytical skills to interpret how policies will affect markets and the ability to translate these complexities for a wide audience.

This online graduate degree program in economics is taught by a group of venerable economists and scholars. Their research accomplishments and experience influencing policy bring real world application into the online classroom. They will prepare you to quantify and analyze human and organizational behavior, interpret economic models, test hypothesis, apply statistical and mathematical theories and know the financial system—to ultimately make a positive impact on the economy.

As an online Masters in Economics student, you understand the time value of money. In our program, with its innovative and flexible online format, you can graduate in as little as 20 months while continuing to meet your personal and professional commitments. As a result, in a relatively short timeframe you will qualify for career opportunities as an economist with the potential to increase your earning power and have the opportunity to make pivotal economic decisions locally, nationally or globally.

Master the Analytical Skills to Change Your World

You will learn from a prestigious faculty of experts who prepare you to answer pressing questions at the forefront of economic debates.

Based in Washington D.C., the epicenter of economic policy, American University’s online Master of Arts in Economics provides a policy-oriented curriculum with hands-on statistical guidance. This program is influenced by its location in the nation’s capital, connecting you with the people and organizations impacting the global economy today.

Graduates of this online economics degree will emerge with the ability to understand and predict how policy changes will affect economic markets—a skill that is highly valuable to government agencies, corporations, think tanks, NGO’s and financial institutions alike.

Learn from First-Class Scholars

Our highly credentialed faculty of scholars, with varying backgrounds, policy and international expertise, will bring D.C. to you in this online graduate program. You will engage in on-screen problem demonstrations, interactive media and documentary style case studies influenced by real-world economic issues and current events.

You will find the thought leadership of American University faculty members published repeatedly in the most selective peer reviewed industry journals including the Review of International Organizations, Journal of Economic Behavior and Organization and the International Journal of Islamic and Middle Eastern Finance and Management. They have also been quoted in The Los Angeles Times, CNN, The Boston Globe, and The Peninsula.

In addition to being world-class scholars, this faculty has cultivated a reputation for being dedicated, responsive teachers with their students’ best interests and success as the backbone of their instruction. To learn more about the online master’s in economics influential faculty, click here.

Expand Your Potential with an Applied, Policy-Focused Curriculum

A rigorous curriculum will prepare you to analyze data, apply your analysis to economic policy and translate its meaning for a wide audience. This meld of theory and practical application coursework will enable you to interpret complex mathematical concepts in order to solve real-world challenges and solidify your skills for leadership roles.

In this MA in Economics program you will learn to:

  • Solve complex mathematical economic models
  • Communicate the reasoning behind construction of economic models
  • Interpret and explain the meaning of solutions to economic models
  • Utilize models to predict the changes in various economic indicators (such as price, output, growth, employment, inflation and welfare) and impacts to the economy
  • Use economic models to develop clear and specific research questions and hypotheses
  • Employ the appropriate data and statistical tools to test your hypotheses
  • Use Stata, a state-of-the-art statistical software tool employed throughout the industry, to analyze data.

Prepare for Extensive Career Opportunities in Diverse Organizations

This graduate degree provides a clear understanding of economic growth concepts along with exploration of domestic and global fiscal and monetary policies. As a result, graduates are prepared for economics jobs in a variety of settings:

  • Government agencies
  • Congressional committees
  • Financial institutions
  • Economic consulting firms
  • Think tanks
  • Multilateral organizations
  • Non-governmental organizations
  • Business finance

Become a Respected Economist

Nearly all (97 percent) of the graduates from American University’s MA in Economics program are working in the field, in graduate school or both. This master’s degree enhances your marketability in a field that is growing at a rate of 14 percent a year.*

*Bureau of Labor Statistics, U.S. Department of Labor, Occupational Outlook Handbook, 2012-13 Edition, Economists, on the Internet at

Take the first step to advance your career in economics. Call us at 855-725-7614 to speak to an admissions representative, or request more information here.