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Economics

Master of Arts (M.A.)

Earn 25-30% more.
Master’s graduates in economics earn 25 to 30% more than graduates with master’s degrees in other disciplines.

Earn 25-30% more.
Master’s graduates in economics earn 25 to 30% more than graduates with master’s degrees in other disciplines.

Economics Master's Degree Overview

A master’s degree in economics from The University of Toledo is an investment that will reap high returns. 

Economics is a “big picture” discipline that is broadly applicable to many careers. For example, UToledo master’s students learn applied data analysis skills. Companies who need employees to interpret and communicate data prize these quantitative skills.  

In a world where technology is changing quickly, a graduate degree in economics will give you the tools to keep up with current trends. 

Economics also is one of the best-paying master’s degrees. A master’s in economics leads to, on average, 25 to 30% higher earnings than other master’s degrees. Many high-paying quantitative careers require a master’s degree in economics.  

Graduate students in economics at The University of Toledo can choose an: 

  • M.A. in economics (two-semester, one-year program) 
  • M.A. in economics with an applied econometric specialization (four-semester, two-year program) 

UToledo's applied econometrics specialization gives master's candidates an opportunity for further applied econometrics training. Students take two additional courses in data analysis, which are taught by faculty members in your chosen area of research. They also enroll in master’s thesis hours and complete a thesis. 

Economics Master's Degree Highlights

One-year program. Full-time master’s students in economics can earn their M.A. degrees in just one year (two semesters).  

Outstanding faculty. The Department of Economics’ devoted faculty members are stellar teachers who have received The University of Toledo’s Outstanding Teacher and Master Teacher awards.  

Blend of theory and field courses. Master’s students take a sequence of advanced macro and micro in the fall. They take field courses in the spring, applying their deepened economics knowledge to areas such as: 

  • Health economics 
  • Environmental and energy economics 
  • Behavioral economics 
  • Public finance 
  • Regional economics 
  • Labor economics 
  • Monetary policy 

Exceptional data analysis training. Graduate students take a two-semester sequence of data analysis courses in our first-rate, economics computer lab. Learn to analyze economic data in consistent, precise and understandable terms, using the latest technology.  

Faculty-advised master’s paper. Every UToledo economics graduate student demonstrates their data analysis skills – which employers highly value -- in a master’s paper.  

Communication skills. UToledo economics master’s students graduate with strong communication skills, written and verbal, as presentations of economic analysis are built into the program. 

Perks of being a UToledo undergrad.  

  • Master's candidates with an undergraduate degree in economics or business from The University of Toledo normally don't need to take the GRE.  
  • Qualifying UToledo undergrads admitted into our Early Admission Program can get a head start on a master's degree by applying advanced-level work to their undergrad and graduate degree requirements. They can complete 25% of the M..A degree course work (two of the eight courses) as an undergraduate. 

Career Opportunities

Employers hire UToledo economics master’s degree graduates for their econometric data analysis skills and overall quantitative analytical skills and knowledge. Recent alumni are employed as 

Business operations/program/project manager Financial center manager
Economist Reporting analyst
Associate analyst Business intelligence consultant
Research associate, economics policy center Tax and revenue analyst
Investment/financial advisor Trade analyst
Business/account analyst Private equity analyst
Director of analytics  

Our master’s graduates also have been accepted into Ph.D. programs at universities such as: 

University of Michigan Kent State University
Ohio State University Wayne State University
University of Oklahoma  

Professional Licensure Information

Economics Master's Degree Plan of Study

Our master’s degree curriculum includes eight courses and a faculty-advised master’s paper. 

Economics Master's Degree Sample Classes

Math Economics/Research Methods Public Finance
Econometrics 1 and 2 Regional Economics
Behavioral Economics Monetary and Fiscal Policy
Health Economics  

View Plan of Study

Research Opportunities

UToledo's economics faculty have expertise in public, health, monetary, experimental, behavioral, environmental, energy, labor, regional, and spatial economics. 

Faculty members are known for their willingness to mentor and collaborate with graduate student researchers. Our students present their research at conferences across the U.S. Many have used their research to land prestigious jobs in industry or to gain acceptance into doctoral programs. 

Our vibrant economics seminar series also features various researchers presenting their latest work. 


Want More Information?


Economics Master's Degree

1-2 years

Program Availability

 On Campus

Program Quick Links

View Admission Requirements
Department of Economics
College of Arts and Letters
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Scholarship Opportunities

The University of Toledo is on a mission to make college affordable for everyone. Use our search tool to find scholarships you qualify for.

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Last Updated: 2/7/2023