For students who want to enact local, national, or global economic development to help people and communities thrive, economic development masters programs might prove a wonderful option. These Masters in Economic Development programs help students learn how to use economic development—a “policy intervention endeavor” encompasses a range of processes and policies—to affect social, political, and economic change.[i]
At the master’s level of education, economic development degree programs typically involve an inter-disciplinary curriculum and interactive, hands-on classroom. Students commonly study subjects such as economics, political science, sociology, history, business, and others through a combination of lectures, case-studies, and workshops. Through their studies, they may gain extensive knowledge of economic development’s historical contexts (and its roots as modernization, westernization, and industrialization, for example)[ii], present-day applications, and future goals. The goal of many programs is not only to instill in students’ minds the core theories and principles of various types of economic development, but also to teach students how to apply theory to practice. Students may emerge from their programs with an economic development acumen key to causing progress in the field.
What Types of Masters in Economic Development Degrees Are Available?
Because economic development is a diverse and expansive field, numerous master’s in economic development degree programs exist. Here are some examples:
- The Master of Art or Science in Community Development
- The Master of Art or Science in Global Development
- The Master of Art or Science in Political Economy
- The Master of Art or Science in Urban Studies
- The Master of Business Administration with an emphasis in Economic Development
Students may opt to pursue one of these master’s degrees in economic development or numerous others. Or they might pursue a Master of Art or Master of Science directly in Economic Development.