College of Business
Economics (M.S.)
College of Business
Economics (M.S.)
Where Economic Analysis Meets Real-World Impact.
The Master of Arts in Economics at New Mexico State University prepares students to tackle complex economic challenges through rigorous training in analytical methods, quantitative modeling, and real-world problem solving. With a strong core curriculum and flexible concentration options, this graduate program equips you to analyze data, interpret economic trends, and contribute meaningfully to business strategy, public policy, and regulatory decision-making.
Whether you’re interested in deepening your quantitative skills, informing public policy, or understanding the regulatory frameworks that shape utility markets, NMSU’s M.A. in Economics provides the tools and specialized knowledge to excel in analytical and leadership roles across sectors.
Admission Deadlines
March 1 (fall admission) and November 1 (spring admission)
- Total credits: 30
Delivery Format
In person and 100% online
Career Pathways
Graduates of the M.A. in Economics at NMSU pursue a wide range of analytical and leadership roles across public, private, and nonprofit sectors, including:
- Economist or economic analyst
- Data analyst or quantitative specialist
- Public policy analyst or advisor
- Regulatory analyst in public utilities or government agencies
- Financial or market analyst
- Research associate in think tanks or consulting firms
- Business intelligence or strategy analyst
- Economic consultant
- Forecasting specialist
- Economic development planner
- Analyst in international organizations or global development initiatives
Degree questions, answered
Have questions about the Master of Arts in Economics? Fill out our inquiry form.
Why choose a M.A. in Economics at NMSU?
NMSU’s M.A. in Economics offers a blend of rigorous economic theory, practical quantitative training, and policy-relevant applications — grounded in the real economic contexts of business, government, and regulated industries. Students benefit from expert faculty mentorship, access to advanced econometric and analytical tools, and opportunities to engage in applied research and real-world problem solving.
The program’s diverse concentrations allow you to tailor your education to your professional goals: from deep quantitative modeling (Econometrics) to policy design (Public Policy) and regulatory frameworks (Public Utility Policy and Regulation). With a strong foundation in core economic principles and flexible elective options, NMSU’s M.A. prepares you to excel in careers where data, strategy, and policy intersect.
Concentrations include:
- General Economics — Customize your graduate economics experience with a broader focus, drawing from core economic theory and elective topics in areas such as development economics, labor markets, international economics, and market analysis.
- Econometrics — Focus on rigorous quantitative and statistical methods used to model economic relationships and forecast trends. Ideal for students planning careers in research, data analysis, and advanced modeling roles.
- Public Policy — Explore the economics of public sector decision-making, impact analysis, and policy evaluation, preparing for roles that shape and assess policies affecting education, health, taxation, and economic development.
- Public Utility Policy and Regulation — Delve into the unique economic and regulatory structures governing utilities — including electricity, water, telecommunications, and transportation — with a strong emphasis on regulatory theory, rate design, and policy analysis.
AACSB Accredited
A designation held by less than 6% of business schools in the world.
Candidates for the Master of Arts in economics must successfully complete a minimum of 30 graduate credits.
Take classes like:
- AEEC 5120 – Microeconomic Theory
- AEEC 5130 – Macroeconomic Theory
- AEEC 5240 – Econometrics
- ECON 511 - The Economics of Imperfect Markets
- AEEC 5230 - Public Sector Economics
- ECON 503 - Managerial Economics
Candidates for the Master of Arts in economics with a concentration in econometrics must successfully complete a minimum of 30 graduate credits, six credits include required econometrics courses and an additional six course credits from Applied Statistics.
Take classes like:
- AEEC 5120 – Microeconomic Theory
- AEEC 5130 – Macroeconomic Theory
- AEEC 5240 – Econometrics
- ECON 545 – Econometrics II
- A ST 554 - Practicum in Statistics
- A ST 555 - Applied Multivariate Analysis
Candidates for the Master of Arts in economics with a concentration in public policy must successfully complete a minimum of 30 graduate credits with an additional nine course credits from Political Science.
Take classes like:
- AEEC 5120 – Microeconomic Theory
- AEEC 5130 – Macroeconomic Theory
- AEEC 5240 – Econometrics
- AEEC 5230 – Public Sector Economics
- POLS 544 – Public Policy Analysis
- POLS 537 – Issues in Public Policy
Candidates for the Master of Arts in economics with a concentration in public utility policy and regulation must successfully complete a minimum of 30 graduate credits with an additional 12 course credits focused on regulatory policy.
Take classes like:
- AEEC 5120 – Microeconomic Theory
- AEEC 5130 – Macroeconomic Theory
- AEEC 5240 – Econometrics
- ECON 571 – Regulatory Policy and Industry Analysis: Electricity
- ECON 572 – Regulatory Policy and Industrial Analysis: Water and Natural Gas
- ECON 574 - Advanced Seminar Regulatory Policy and Industry Analysis
Ready to take the next step?
Request Information
Scholarships and Financial Aid
At NMSU, we strive to offer competitively priced tuition to keep your tuition costs affordable. If you need financial aid, we’re ready to work with you to determine the best ways to finance your education.
Financial assistance includes loans, grants, and scholarship opportunities. To apply, use NMSU’s convenient Scholar Dollar$ one-stop scholarship application, which serves all students in the NMSU system.
NMSU students are also eligible for loans and grants. The first step in applying for financial aid is to complete a Free Application for Federal Student Aid (FAFSA). Learn more about financial aid opportunities at NMSU.
Contact Financial Aid
Phone: 1-888-729-6678
Email: financialaid@nmsu.edu
Accreditation
New Mexico State University is accredited by the Higher Learning Commission, an institutional accreditation agency recognized by the U.S. Department of Education. Specialized accreditation from other accrediting agencies is also granted for some programs. NMSU’s accreditation ensures that your education meets high-quality standards and that your credits are transferable.