Applied Economics

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Economic analysis is no longer relegated to academicians and a small number of PhD-trained specialists. Instead, economics has become an increasingly ubiquitous as well as rapidly changing line of inquiry that requires people who are skilled in analyzing and interpreting economic data, and then using it to effect decisions about national and global markets and policy, involving everything from health care to fiscal policy, from foreign aid to the environment, and from financial risk to real risk.

Quick Stats

Course Locations Washington, DC and Online
Earn Degree Onsite *Yes.
Earn Degree Online *Yes.
Entry Terms Fall, Spring or Summer semester
Degree Requirements 10 courses

Program Overview

The MS in Applied Economics Program develops skill in economic reasoning, and in constructing and estimating economic models through the use of econometrics and other quantitative techniques. This is accomplished by a rigorous and demanding curriculum and a talented and dedicated staff of instructors. This is a ten-course degree program, with classes offered in the evenings at the Washington, D.C., center of The Johns Hopkins University (near Dupont Circle) and online. The degree can be pursued at a part-time or a full-time pace. All undergraduate majors are welcome. Admissions are rolling; thus one can begin in Summer, Fall, or Spring semesters.

  • Take four core courses [Microeconomic Theory, Macroeconomic Theory, Statistics, and Econometrics]
  • Choose at least one advanced econometrics course [Microeconometrics or Macroeconometrics]
  • Choose five electives from 31 courses spanning diverse subfields of economics


Applied Economics students tailor their own course of study and can pursue any of the following areas, or mix and match:

  • Public Policy
  • Financial Economics and the Macroeconomy (a formal Concentration in Financial Economics can be declared; both the informal curriculum and the formal concentration are available on-line)
  • International Economics and Development
  • Spatial Economics (also available online)
  • Environmental Economics (also available on-line)
  • Health Economics (also available on-line)
  • Quantitative Methods (also available online)

For courses comprising these curricula, visit our Illustrative Curricula page For details of course content, visit Course Descriptions.

State-specific Information for Online Programs

*Note: We currently are not accepting applications to the online Master of Science in Applied Economics from students who reside in Kansas. Students should be aware of additional state-specific information for online programs.