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The Department of Economics offers graduate programs of study designed to prepare students for careers in education and for careers in administrative and research positions in government, industry and labor. The programs are built upon a solid core of training in economic theory and in quantitative analysis, with area concentrations in econometrics, economic growth and development, industrial organization, international economics, labor economics and human resources, mathematical economics, monetary theory and policy, and urban and regional economics.

Program Type

Master’s

Program Format

On Campus

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The area offers all of the amenities of any large city at a lower cost than comparably sized areas. Housing choices range from urban city living to suburban homes to rural areas, all within a reasonable commute from campus.

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Credits and Courses

Option A: Thesis Option

Minimum degree requirement is 30 graduate credits.

Thesis
Select 6 credits of the following:6
ECON 990Graduate Thesis
Required
ECON 701Economic Theory: Microeconomics4
ECON 702Economic Theory: Macroeconomics4
ECON 703Econometrics4
Additional Requirements 1
Select one of the following:6
One area of concentration
ECON 506& ECON 606Mathematical Economics Iand Mathematical Economics II
Select 6 additional credits of graduate work6
Total Credits30
1

The student must select one area of concentration offered by the Department and must take at least two semesters in this concentration in courses numbered 700 or above (except ECON 990, ECON 991 and ECON 999).

Latin American Concentration

A concentration on Latin America is available. A student with previous interest and commitment in Latin American studies, who is able to demonstrate—through examination—good reading ability and fair conversational ability in Spanish or Portuguese, is permitted to select this concentration under Option A. Requirements for this concentration are:

Thesis
Select 6 credits of the following:6
ECON 990Graduate Thesis
Required
ECON 774Economic Development - Theory3
ECON 775Economic Growth3
Electives
Select 3 credits in Interdisciplinary Seminar on Latin America3
Select a graduate course in Latin America in some field other than economics3
Select 9 additional credits of graduate work9
Total Credits27

Option B: Non-Thesis Option

Required
ECON 701Economic Theory: Microeconomics4
ECON 702Economic Theory: Macroeconomics4
ECON 703Econometrics4
Additional Requirements
Select one of the following:6
One area of concentration 1
ECON 506& ECON 606Mathematical Economics Iand Mathematical Economics II
Select 6 additional credits of graduate work6
700- Level and Above
Select any two courses numbered 700 or above in other areas of economics 26
Total Credits30
1

The student must take at least two courses in this concentration in courses numbered 700 or above.

2

Except ECON 734, ECON 990, ECON 991, and ECON 999.

Admission Requirements 

Application Deadlines

Application deadlines vary by program, please review the application deadline chart for specific programs. Other important dates and deadlines can be found by using the One Stop calendars.

Admission

An applicant must meet Graduate School requirements plus these departmental requirements to be considered for admission to the program:

  1. An undergraduate major in economics and one semester of calculus. Alternatively, adequate preparation at the undergraduate level equivalent to two semesters of coursework in intermediate economic theory, one semester of statistics, and one semester of calculus.
  2. Submission of scores on the Graduate Record Examination General Test or equivalent quantitative courses is recommended. Test of English as a Foreign Language exam is required for applicants whose native language is not English.
  3. Two letters of recommendation from persons familiar with applicant’s scholastic achievement and potential.

Applicants may be admitted with specific program-defined course deficiencies provided that the deficiencies amount to no more than two courses.

The student is expected to satisfy deficiency requirements within three enrolled semesters. The deficiencies are monitored by the Graduate School and the individual graduate program unit. Deficiencies are to be made up through the following:

  • in economic theory through ECON 301 and ECON 302;
  • in statistics through ECON 210; and
  • in calculus through MATH 211.

Application to all graduate programs are completed through the UWM Graduate School. Please see their website for detailed information about the application process and contact them with questions.

We also have provided information about applying to one of the economics graduate programs and our admissions criteria:

How to apply for the MA in economics

Teaching and Research Assistantships are the primary form of financial support for a limited number of economics graduate students. These positions provide a salary and tuition remission. Some small scholarships are also available. Click below for more details.

Contact

Prospective Graduates

Questions regarding the application or the application process should be directed to the UWM Graduate School at gradschool@uwm.edu or 414-229-6569.

Current Graduates

Questions about research opportunities, department funding opportunities, or issues specific to the discipline should be directed to Itziar Lazkano.

UWM Land Acknowledgement: We acknowledge in Milwaukee that we are on traditional Potawatomi, Ho-Chunk and Menominee homeland along the southwest shores of Michigami, North America’s largest system of freshwater lakes, where the Milwaukee, Menominee and Kinnickinnic rivers meet and the people of Wisconsin’s sovereign Anishinaabe, Ho-Chunk, Menominee, Oneida and Mohican nations remain present.   |   To learn more, visit the Electa Quinney Institute website.