The Master of Science in Economics provides a deep understanding of the theoretical and empirical foundations of economics. As a student in the MS in Economics program, you will develop critical thinking skills and quantitative tools to solve problems associated with important economic, political, and social issues.
The Economics master's program offers excellent preparation for students who wish to go on to careers in consulting firms, government and international agencies, the financial sector, and research institutions. It prepares graduates to work in a variety of areas and specialties, including economic growth and development, international economic relations, income inequality, environment, education, housing, and competition policy. The master's program also provides exceptional background for students who wish to go on to doctoral study in economics or related subjects, such as public policy, marketing, finance, and accounting.
Applicants must complete a multivariate calculus course before enrolling.
Strong applicants typically have completed an intermediate microeconomics course and linear algebra.
GSAS bills tuition using a per-credit billing model, meaning you are billed for the number of credits you take each semester. This billing model is used to provide students better flexibility so they may "pay-as-they-go".
| Tuition* | $1,899 per credit |
| Total Credits Required | 30-43 |
| Enrollment Status | Part-Time: 3-6 credits (typically 1-2 courses) Full-Time: 9+ credits (typically 3 or more courses) or qualifying enrollment criteria (assistantships, internships, or continuation courses, etc.) |
These example pathways outline estimated tuition costs per semester using typical full-time course loads. These are just a few possible pathways to completion; actual credits, costs, enrollment status and degree completion time may vary based on a student’s course load and program track.
| Full-Time Pathway | Fall | Spring | Total |
| Year 1 | 15 credits | 15 credits | 30 credits |
| $28,485 | $28,485 | $56,970 | |
| Estimated Total Tuition* | $56,970* | ||
| Full-Time Pathway | Fall | Spring | Total |
| Year 1 | 15 credits | 15 credits | 30 credits |
| $28,485 | $28,485 | $56,970 | |
| Year 2 | 8 credits | 5 credits | 13 credits |
| $15,192 | $9,495 | $24,687 | |
| Estimated Total Tuition* | $81,657* | ||
| Full-Time Pathway | Fall | Spring | Total |
| Year 1 | 15 credits | 15 credits | 30 credits |
| $28,485 | $28,485 | $56,970 | |
| Year 2 | 6 credits | 7 credits | 13 credits |
| $11,394 | $13,293 | $24,687 | |
| Estimated Total Tuition* | $81,657* | ||
Note: this example does not account for any scholarships that may be awarded at the time of admission. GSAS offers generous merit- and need-based tuition scholarships for qualified applicants. A list of funding opportunities is provided below.
*Estimated based on 2025-2026 tuition rates. Rates are subject to change each academic year. For further information about the full cost of attendance, including health insurance, fees, and estimated indirect costs (housing, transportation, etc.), visit Student Financial Services.
At Tufts University, we believe that every qualified applicant should have the opportunity to pursue graduate study, regardless of financial circumstances. We are committed to helping you navigate the financial aspects of your education and strive to make graduate school accessible through a variety of support options.
Visit our Graduate Financial Aid page for information on loans and financing options.
The department offers three degree program tracks:
*All students are initially accepted into the course-based track and may apply to either of the the research-based tracks at the end of the second semester. All tracks carry STEM certification.
Average Salary: $130K+
Average Age: 24
*Sources: GSAS-SOE Graduate Exit Survey 2020 - 2021 and Academic Analytics (Alumni Insights)
Research/Areas of Interest: Macroeconomics, Macro-Labor, Macro-Climate, International Macroeconomics, Macro Development
Research/Areas of Interest: Development Economics, Agricultural Economics, Asset Ownership
Research/Areas of Interest: Applied and Theoretical Economic Models and Empirics
Research/Areas of Interest: Applied General Equilibrium Models, International Trade Policy, International Labor Standards, Child Labor
Research/Areas of Interest: Resource and Environmental Economics, Energy and Development, Water
Research/Areas of Interest: Energy and Environmental Economics, Industrial Organization
Research/Areas of Interest: Public Educational Finance and School Choice
Research/Areas of Interest: Development Economics, Agricultural Economics
Research/Areas of Interest: Industrial Organization, Antitrust, Strategy, Organizational Economics
Research/Areas of Interest: Behavioral / Experimental Economics, Labor Economics, Public Economics, Diversity/Discrimination
Research/Areas of Interest: Economic Development and Growth
Research/Areas of Interest: Labor Economics, Public Economics, Political Economy
Research/Areas of Interest: Development Economics, Applied Microeconomics
Research/Areas of Interest: Applied Microeconomics
Research/Areas of Interest: Political Economy, Development Economics, Applied Microeconomics
Research/Areas of Interest: Public Economics, Health Economics, Labor Economics, and Applied Microeconomics
Research/Areas of Interest: International Trade and Investment, Structural Change, Industrialization, Africa
Research/Areas of Interest: Labor Economics, Economics of Education
Research/Areas of Interest: Political Economy, International Economics, Economic Growth and Development
Research/Areas of Interest: Economics of Education, Labor Economics
Research/Areas of Interest: Development and Growth, Urban Economics
Research/Areas of Interest: Applied Urban, Housing, Education, Environmental, and Labor economics.