Penn State’s MS in Economics prepares students to analyze economic phenomena using mathematical modeling, econometrics, and game theory. The program provides deep training in microeconomics, macroeconomics, and policy design, equipping graduates to work in consulting, government, finance, and academia. Students undertake independent research, learn to interpret real-world data, and evaluate the economic impact of decisions at local and global scales.
Modeling the impact of carbon taxes on consumer welfare
Forecasting labor market shifts using time series analysis
Analyzing wage inequality using national survey data
Designing simulations to test price elasticity in various sectors
Evaluating economic growth models in emerging economies
Studying the effects of trade tariffs on GDP across regions
Building a behavioral model for consumer credit decisions
Assessing the long-term impact of universal basic income
Simulating market outcomes under oligopoly structures
Estimating the cost-effectiveness of healthcare subsidies
Analyzing inflation trends post-fiscal stimulus events
Studying decision-making under risk using game theory
Mapping global supply chain shocks using input-output models
Evaluating public transportation policy through cost-benefit analysis
Developing a predictive model for housing market cycles
Master economic modeling and policy evaluation for impactful careers in industry, government, and research.
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