Economics

The economics department teaches students to be critical thinkers and to use the discipline of economics to analyze and solve problems associated with important economic, political and social issues. These issues range from international economic relations to economic development, growth, income inequality, environment, education, housing and competition policy.

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  • Faculty
  • Application Requirements
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Office of Graduate Admissions
Bendetson Hall
Medford, MA 02155
(617) 627-3395
gradadmissions@tufts.edu

The Department of Economics offers a program leading to a Master of Science in Economics that provides a deep understanding of the theoretical and empirical foundations of economics and the quantitative tools required for research careers in economics. The department offers two degree program tracks:

M.S. in Economics: Course-Based track

  • An eight-credit program which can be completed in one year, without a thesis.

M.S. in Economics: Research-Based track*

  • A twelve-credit program to be completed in two years, with a master's thesis.

*Research-based track applications are only available to enrolling students and must be submitted in the spring of their first year. 

Visit the Department of Economics

M.S. in Economics Learning Objectives

The master of science (course-based) will allow students to do the following:

  • Use fundamental economics concepts such as scarcity; incentives; trade‐offs; opportunity costs; comparative advantage; price system; efficient allocation of resources; market failures; government failures; and scope of fiscal, monetary, and regulatory policies
  • Both apply economic theory to a range of economic issues across a variety of fields and economics subdisciplines and also effectively communicate their analysis
  • Use statistical and econometric methods—including data gathering, data analysis, and hypothesis testing—in applied empirical work
  • Apply multivariate calculus and linear algebra to the study of economic issues, and to use mathematical tools to derive results in economic theory and econometrics
  • Read, understand, and replicate research papers in economics

The master of science (research-based) will allow students to do the following:

  • Use fundamental economics concepts such as scarcity; incentives; trade‐offs; opportunity costs; comparative advantage; price system; efficient allocation of resources; market failures; government failures; and scope of fiscal, monetary, and regulatory policies
  • Both apply economic theory to a range of economic issues across a variety of fields and economics subdisciplines and also effectively communicate their analysis
  • Use statistical and econometric methods—including data gathering, data analysis, and hypothesis testing—in applied empirical work
  • Apply multivariate calculus and linear algebra to the study of economic issues, and to use mathematical tools to derive results in economic theory and econometrics
  • Read, understand, and replicate research papers in economics
  • Understand advanced econometric methods currently used in applied empirical work
  • Form a specific hypothesis or question that is the basis for a research project or paper
  • Carry out a literature review of a specific area of economics
  • For students carrying out empirical thesis research:
    • Develop economic models underlying economic research
    • Collect and analyze data that is relevant for carrying out economic research
    • Develop econometric models
    • Estimate these models and effectively interpret the results
  • For students carrying out theoretical thesis research:
    • Develop economic models underlying economic research
    • Effectively analyze these models with the goal of evaluating the specific hypothesis or question that is the basis for a research project or paper
  • Demonstrate writing and oral skills to present, explain, and defend original economic research through a written thesis and an oral thesis defense

 

Related Programs

Faculty

Daniel Richards
Professor and Department Chair
Ph.D. , Yale University
Industrial organization and Merger analysis
Gilbert Metcalf
Professor and Director of Graduate Studies
Ph.D. , Harvard University
Energy and Environmental Economics, with a focus on climate change
Marcelo Bianconi
Professor
Ph.D. , University of Illinois at Urbana-Campaign
Theoretical and Applied economic models
Drusilla Brown
Associate Professor
Ph.D. , University of Michigan
Applied general equilibrium models and International trade policy
Ujjayant Chakravorty
Ujjayant Chakravorty
Professor
Ph.D. , University of Hawaii
Resource and Environmental Economics, Energy and Development, Water
Thomas Downes
Associate Professor
Ph.D. , Stanford University
Public educational finance and School choice
Kyle Emerick
Assistant Professor
Ph.D. , University of California, Berkeley
Development economics and Applied econometrics
Tufts Professor Federico Esposito.
Federico Espósito
Assistant Professor
Ph.D. , Yale University
International economics, trade theory
Silke Forbes
Silke Forbes
Associate Professor
Ph.D. , Massachusetts Institute of Technology
Industrial Organization, Antitrust, Strategy, Organizational Economics
David Garman
Associate Professor
Ph.D. , University of Michigan
Applied econometrics and Economics of higher education
Laura Gee
Associate Professor
Ph.D. , University of California San Diego
Applied microeconomic and Behavioral / Experimental economics
Cynthia Kinnan, Assistant Professor of Economics
Cynthia Kinnan
Assistant Professor
Ph.D. , Massachusetts Institute of Technology
Development Economics, Applied Microeconomics
Edward Kutsoati
Associate Professor
Ph.D. , Queen’s University
Applied microeconomics
Melissa McInerney
Associate Professor
Ph.D. , University of Maryland at College Park
Public Economics and Health Economics
Margaret McMillan
Professor
Ph.D. , Columbia University
Development Policy, with an emphasis on Africa
Sahar Parsa
Assistant Professor
Ph.D. , Massachusetts Institute of Technology
Finance and Microeconomics
Lynne Pepall
Professor
Ph.D. , University of Cambridge
Industrial Organization
Elizabeth Setren
Elizabeth Setren
Gunnar Myrdal Assistant Professor of Economics
Ph.D. , Massachusetts Institute of Technology
Economics of education, labor economics
Enrico Spolaore
Professor
Ph.D. , Harvard University
Political economy and International economics
Adam Storeygard
Associate Professor
Ph.D. , Brown University
Development and growth and Urban economics
Jeffrey Zabel
Professor
Ph.D. , University of California at San Diego
Econometrics and Labor economics

Application Deadline


Fall: February 15

Application Requirements: 
 

> Application fee
> Resume/CV
> Personal statement
> Official GRE required

- GRE scores are not required for current Tufts undergraduates and alumni

> Official TOEFL or IELTS, if applicable
> Transcripts
> Three letters of recommendation

For more information, visit the Department of Economics.

For questions about this program, including scholarships and assistantships, please contact the graduate program administrator.

Department of Economics
8 Upper Campus Road
Braker Hall
Medford, MA 02155
Email Administrator

Office: 617.627.3560
Fax: 617.627.3917