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Graduate Studies in Economics

Economics is the science which studies how individuals, governments, firms, and nations make choices on allocating scarce resources to create value in society.

The Department of Economics at Southern Methodist University (SMU) is highly ranked among economics departments in the United States and offers comprehensive coverage of the major fields in modern economics.

The department has been at the forefront of graduate education at SMU. The Ph.D. in Economics program is over 55 years old and was the first Ph.D. program at the university. It has a strong national reputation and an excellent placement record in both academic and non-academic positions.

We also offer multiple Master’s degrees that emphasize strong training in quantitative techniques of economic and econometric analysis and are geared towards business and government professionals.

Applied Economics M.A.

Admission Deadline

  • Priority deadline for Fall admission is January 15.
  • M.A. deadline for Fall admission is May 1.

Admission Requirements

  • Transcripts from all institutions attended (post high school; unofficial documents can be uploaded to your application).

    • 3.0 cumulative undergraduate GPA

    • 12 hours of undergrad economics

      • 2 intermediate theory courses

      • 1 price theory (microeconomics)

      • 1 macroeconomics

    • An introductory course in statistics

    • One semester of calculus

  • 3 Letters of Recommendation

  • Résumé

  • Statement of Purpose

  • GRE Scores 

  • International applicants must provide English Language Proficiency scores if their degree does not meet our waiver requirements.

Applied Economics and Predictive Analytics M.S.

Admission Deadline

  • Priority deadline for Fall admission is January 15.
  • M.S. deadline for Fall admission is May 1.

Admission Requirements

  • Transcripts from all institutions attended (post high school; unofficial documents can be uploaded to your application).

    • 3.0 cumulative undergraduate GPA

    • 12 hours of undergrad economics

      • 2 intermediate theory courses

      • 1 price theory (microeconomics)

      • 1 macroeconomics

    • An introductory course in statistics

    • One semester of calculus

  • 3 Letters of Recommendation

  • Résumé

  • Statement of Purpose

  • GRE Scores 

  • International applicants must provide English Language Proficiency scores if their degree does not meet our waiver requirements.

Economics M.A.

Admission Deadline

  • Priority deadline for Fall admission is January 15.
  • M.A. deadline for Fall admission is May 1.

Admission Requirements

  • Transcripts from all institutions attended (post high school; unofficial documents can be uploaded to your application).

    • 3.0 cumulative undergraduate GPA

    • 12 hours of undergrad economics

      • 2 intermediate theory courses

      • 1 price theory (microeconomics)

      • 1 macroeconomics

    • An introductory course in statistics

    • One semester of calculus

  • 3 Letters of Recommendation

  • Résumé

  • Statement of Purpose

  • GRE Scores 

  • International applicants must provide English Language Proficiency scores if their degree does not meet our waiver requirements.

Economics Ph.D.

Admission Deadline

  • Priority deadline for Fall admission is January 15.

Admission Requirements

  • Transcripts from all institutions attended (post high school; unofficial documents can be uploaded to your application).

    • 3.0 cumulative undergraduate GPA

    • 12 hours of undergrad economics

      • 2 intermediate theory courses

      • 1 price theory (microeconomics)

      • 1 macroeconomics

    • An introductory course in statistics

    • One semester of calculus

    • Demonstrate mathematical proficiency equivalent to: 

      • Multivariate calculus (i.e., 3 semester of university-level calculus)

      • Probability and Statistics (2 semesters)

      • Differential Equations

      • Linear Algebra

  • 3 Letters of Recommendation

  • Résumé

  • Statement of Purpose

  • GRE Scores 

  • International applicants must provide English Language Proficiency scores if their degree does not meet our waiver requirements.

Econ Masters Guide (1)-1

Access Our Master's Guide

How to Succeed in Economics: 
A Master's Degree Comparison Guide

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Access Our PhD Guide

The Economy of Everything:
Why You Need a PhD in Economics

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