Economics, MS

for the Master of Science in Economics

head of the department: George Deltas

associate head: Seung-Hyun Hong

overview of grad college admissions & requirements:

college website:
department website:

department office: 214 David Kinley Hall, 1407 W. Gregory Dr., Urbana, IL 61801
phone: (217) 333-0120
fax: (217) 244-6571

Graduate Degree Programs in Economics

Economics, MS
Economics: Policy Economics, MS
Economics, PhD


Admission to the Ph.D. program is available only for the fall semester. In addition to the standard undergraduate preparation in economics, students are expected to have had at least two semesters of calculus and one of linear algebra to be admitted to the Ph.D. program. The results of the Graduate Record Examination (GRE) should accompany applications for admission. Graduate College admission requirements apply. In addition, international students must submit Test of English as a Foreign Language (TOEFL) or IELTS results; if they wish to apply for a teaching assistantship, the Test of Spoken English (TSE) or completion of the speaking section of the TOEFL-iBT or IELTS is also required.

Graduate Teaching Experience

Experience in teaching is considered an important part of the graduate program and is encouraged as part of the academic work of all Ph.D. candidates in this program.

Financial Aid

In recent years, the Department of Economics has been able to offer assistantships to most students who meet the standards for admission or continuation in the Ph.D. program. In order to qualify for a teaching assistantship, non-native speakers of English must pass a speaking proficiency test of the English language.

for the Master of Science in Economics

For additional details and requirements refer to the department's graduate programs and the Graduate College Handbook

ECON 530Microeconomic Theory I4
ECON 533Microeconomic Theory II4
ECON 531Macroeconomic Theory I4
ECON 534Macroeconomic Theory II4
ECON 532Econometric Analysis I4
ECON 535Econometric Analysis II4
Four electives, at least two of which are in economics16
Total Hours40

Other Requirements

A concentration is not required.
Minimum 500-level Hours Required Overall: 40
Minimum GPA: 3.0