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.
Because economic development is a diverse and expansive field, numerous master’s in economic development degree programs exist. Here are some examples:
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.
You’ll likely approach the interdisciplinary curriculum of an economic development degree program through a combination of core and elective coursework. Your core coursework will typically provide an overview of economic development and a framework for thinking about the field, and your elective coursework will typically help you concentrate your knowledge.
Depending on your program, your core coursework might cover topics such as:
Your elective coursework may delve into subjects such as:
These are just some of the many core and elective subjects you might study in your master’s in economic development degree program. As you browse through our sponsored listings below, take note of each program’s curriculum, options for specialization, and objectives. Some programs give you numerous options for concentration, and others are designed to cover one or two specific components of economic development. Economic development is an incredibly expansive field, so you’ll likely find a variety of options.
In many cases, students complete their core and elective coursework through two years of fulltime study, although program lengths vary by school. To conclude their programs, they commonly complete a capstone project (usually a community project or thesis), take a comprehensive exam, and, in some programs, participate in an internship. The point of many economic development master’s degree programs is to teach students how to apply economic development theory to practice, so developing hands-on, interactive experience may be emphasized. You may pursue your master’s in economic development degree through on-campus, online, or hybrid formats.
In your economic development master’s degree program, you’ll likely have an opportunity to develop many skills, especially quantitative and qualitative ones. Here are some examples to give you a sense:
Quantitative skills: you may develop your quantitative skills through your studies of economics, public policy, research methodologies, and other topics conducive to data collection, analysis, and interpretation. You will likely learn numerous research methodologies (designing surveys, etc.) and discover how to analyze and assess results. You may also learn how to use economics, mathematics, and conceptual tools to measure results.
Qualitative skills: you may develop your qualitative skills through your studies of sociology, history, political science, and other subjects conducive to more flexible ideas, theories, and interpretations. You’ll likely learn about social, economic, and political factors and discover how think critically about their possible implications. You may also discover how to balance qualitative evidence and experience with quantitative analysis and research.
Depending on your program, you may also develop your capacities to read, write, and conduct research. Through doing your coursework and assignments, you may learn how to analyze and think critically about what you read, communicate effectively orally and through writing, and comprehend research conclusions and methodologies. You may also learn how to conduct and share your own research in the field of economic development.
These are just some of the knowledge and skills you may develop in your master’s in economic development program.
You may begin your search here. If you look below, you’ll find listings of various master’s degree programs in economic development. You may click on the orange hyperlink to read more about the particular program, or you may “request information” directly from the school. Amongst the list of Masters in Economic Development sponsored programs, you’ll find a blend of online, on campus, and hybrid programs. If you’d like to refine your search, you may use our search tool to your left to browse programs by program format (online, on campus, or hybrid) or location (city, state, or country). Don’t hesitate to peruse our extensive listings to discover which programs might provide a perfect fit. Good luck!
Sources: [i] en.wikipedia.org/wiki/Economic_development | [ii] en.wikipedia.org/wiki/Economic_development
University of Nebraska - Lincoln
Program designed for professionals and practitioners who desire to contribute to positive change in their communities & region.
Located in New York City and known for its academic excellence, Fordham University's Graduate Program in International Political Economy and Development (IPED) offers a unique and innovative interdisciplinary approach to the study of international econo...
University of Denver
The University of Denver's Josef Korbel School of International Studies is a leader among institutions of higher learning that prepare students for transnational careers in the public, private, and nonprofit sectors. Ranked by Foreign Policy magazine as...
The Master of Arts in International Relations (MA-IR) is a professional degree program that combines rigorous, multidisciplinary academic coursework w...
The MSA in Community and International Development has been especially designed to develop leaders who can help strengthen and expand outreach program...
Leeds Metropolitan University
Illinois State University
The Applied Community & Economic Development (ACED) Fellows program involves one intense year of on-campus interdisciplinary study with a graduate ass...
Oxford Centre for Mission Studies
The Oxford Centre for Mission Studies (OCMS) exists to equip leaders, nurture scholars and enable institutions for ministry particularly in the Two-Th...
London Metropolitan University
Aims of the course This course focuses on the challenges facing Britain and Europe in the employment and human resource field.
National University of Ireland, Galway
Hochschule fuer Wirtschaft und Politik
The Master of European Studies is a 2-year program (3 semesters course work, 1 semester internship and thesis) focusing on 4 interdisciplinary modules...
Regent's University London
This practical and dynamic programme prepares you to engage in world affairs and issues, working with and through INGOs.
London School of Economics and Political Science
This programme is based in the Development Studies Institute (DESTIN) and offers the following benefits:...
This programme is in principle open to all students independent of their first degree, but preferably within the social sciences...
This MSc will help you to develop a good understanding of classical social theory and modern anthropological theory, with refere...
This programme is based in the Department of Social Policy and offers the following benefits: Study in a department which has achieved the highest...
Mississippi State University
Mississippi State's graduate programs in economics provide advanced training in applied economics to prepare students for leadership, research, and teaching positions in academics, government, and business. The Ph.D. in Applied Economics is a cooperativ...
This course will provide you with the theoretical and conceptual frameworks necessary to interpret the process of change in developing countries.
Kennesaw State University
The Master of Science in International Policy Management (MSIPM) is an applied program...
Hope International University
Management degrees with emphasis in international development allowing the graduate to work in worldwide locations to improve living standards in physical, mental, social and spiritual components.
University of Applied Sciences Offenburg
University at Buffalo
The Ph.D. program in Economics at the State University of New York at Buffalo strives to produce professional economists by providing its graduates with a modern, balanced and high-quality education in both theoretical and applied economics. The program...
University of Oklahoma - Tulsa
The ability to generate, access, and use information has become the key factor in personal, social, and economic growth.
University of Tuebingen
Joint M.A. Program (University of Tübingen & AUC). Concentrates on political and societal developments in the MENA region.
University of California - Davis
Students are prepared to accomplish biological and technological improvement in agricultural and natural systems to facilitate social innovation.