
Graduate ProgramMaster of Science in Economics
Apply to the programAbout the Program
The STEM-designated Master of Science in Economics provides rigorous training in economic theory, econometrics, and quantitative analysis. The program equips students with the analytical and technical skills needed to interpret complex data, build economic models, and make informed, data-driven decisions in todays rapidly evolving global economy.
The degree requires 30 semester credit hours (SCH) to complete, including 12 SCH of core coursework and 18 SCH of elective or field courses. The core curriculum provides a strong foundation in microeconomics, macroeconomics, econometrics, and mathematical economics, while the elective and field courses allow students to tailor their studies to areas such as monetary economics, international economics, industrial organization, environmental economics, and other specialized topics.
The program emphasizes modern economic modeling, statistical programming, and data analytics tools widely used in industry and academia. Graduates leave with advanced proficiency in quantitative methods, strong problem-solving abilities, and the capacity to translate economic insights into actionable strategies.
As demand grows nationwide for professionals with advanced quantitative and data analysis skills, economists are increasingly sought after in finance, consulting, technology, healthcare, government, and international organizations. Regionally and nationally, employers value economists for their ability to analyze markets, evaluate policy, and guide strategic decision-making. The STEM MS in Economics responds directly to this demand while also providing excellent preparation for students pursuing doctoral study in economics or related fields.
Our program combines analytical rigor, technical training, and real-world relevance—preparing graduates to lead in data-intensive environments across the public and private sectors.
Coursework
Core Courses
- ECO 5311 Microeconomics I
- ECO 5321 Macroeconomics I
- ECO 5331Econometrics I
- ECO 5301Mathematical Economics
These core courses should be completed before any field courses or approved electives are taken. Exceptions may be made with the approval of the Director of Graduate Studies
Field or Elective Courses
- ECO 6312 Microeconomics II
- ECO 6313 Microeconomics III
- ECO 6322 Macroeconomics II
- ECO 6323 Macroeconomics III
- ECO 6332 Econometrics II
- ECO 6333 Econometrics III
- ECO 5318 History of Economics
- ECO 5343 Natural Resources and Environmental Economics
- ECO 5344 Environmental Economics
- ECO 5345 Energy Economics
- ECO 6341 Industrial Organization I
- ECO 6342 Industrial Organization II
- ECO 5355 Labor Economics I
- ECO 6356 Labor Economics II
- ECO 5353 Public Finance I
- ECO 6354 Public Finance II
- ECO 5364 Economic Policy
- ECO 5365 International Trade
- ECO 6366 International Finance
- ECO 6361 Monetary Economics
- ECO 6367 Forecasting
- ECO 6369 Growth and Development
- ECO 6340 Macroeconomics Labor Economics
- ECO 5383 Time Series Economics
- ECO 6363 Consumption and Investment: Microfoundation and Aggregate Dynamics
These courses are usually offered on a two-year cycle but note that because at least five students are required in order to offer a course, not all field/elective courses may be offered at a given time unless there is sufficient interest among current students.
Required Sequence
Year 1
Fall Semester: 12SCH
ECO 5311, ECO 5321, ECO 5331, ECO 5301
Spring Semester: 9SCH
Three Field or Elective Courses
The required sequence of core and field courses is as follows (unless an exception is made by the Director of Graduate Studies):
Year 2
Fall Semester: 9SCH
Three Field or Elective Courses
The required sequence of core and field courses is as follows (unless an exception is made by the Director of Graduate Studies):
MS Qualifying Exam
The Graduate School requires students to complete a set of comprehensive examinations, referred to as qualifying examinations. Students in the MS program are required to take their qualifying exams at the end of the second semester (spring semester). Those who do not pass on the first attempt may retake the exams prior to the start of their third semester.
The qualifying examinations assess students overall mastery of core economic theory, with a primary focus on microeconomics and macroeconomics.
Degree Plan
Students need to fill out a degree plan in their second or third regular semester. The degree plan lists the courses that are going to be used to fulfill the coursework requirements discussed above. The plan may be changed with relatively little hassle, but it should be kept up to date because when the time comes to graduate, the Graduate School will check the degree plan against the courses the student has actually taken.
Requirements
There are two types of requirements - Graduate School requirements, and Department of Economics requirements.
Graduate School Requirements
- Domestic Applicants, please click here to see requirements
- International Applicants, please click here to see requirements
Department of Economics Requirements
- CV
- Transcript
- GRE score (not required but highly recommended)
- Statement of Purpose
- Minimum of one letter of recommendation
Contacting Us
Dr. Xiaohan Ma
Director of Graduate Studies
Email: xiaohan.ma@ttu.edu
Phone: 806.834.8373
Department of Economics
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Address
Texas Tech University, Department Of Economics, P.O. Box 41014, Lubbock, TX 79409 -
Phone
806.742.2201 -
Email
economics.webmaster@ttu.edu