2026-2028 Catalog

Offered at: San Luis Obispo Campus

https://gradbusiness.calpoly.edu/ms-economics/

Our 10-month, in-person MS in Quantitative Economics delivers structured thinking about empirical problems and incentives. The program integrates econometrics, machine learning for prediction and causal inference, experimentation, and the hands-on analysis of real-world data, all guided by economic theory. Our program is ideal for those looking to acquire advanced skills for successful careers in the private and public sector, or to ramp up quantitative skills for Ph.D. programs.

Requirements for Admission

Students apply via Cal State Apply and must submit a transcript, resume, and two letters of recommendation. 

International Students must meet all the standard eligibility criteria and demonstrate proficiency in English (English Proficiency Exam Requirements)

Prerequisites: Applicants must have completed at least two college-level courses in calculus and two college-level courses in statistics. One of the calculus course requirements can be fulfilled by a mathematical economics course, and one of the statistics course requirements can be fulfilled by a course in econometrics or probability. Applicants may be granted admission to the program conditional on completing any coursework that may be missing.

Minimum GPA: 2.5.

Application due date: Fall enrollment only. Please see Graduate Student Dates and Deadlines for application deadlines.

Advancement to Candidacy

Completion of at least 6 units of graduate coursework with cumulative and higher ed GPA of 2.5 or higher.

Culminating Experience

Comprehensive exam: The comprehensive exam covers topics from six graduate courses:

The professors who taught these courses will evaluate the corresponding section of the comprehensive examination.

Program Learning Objectives

  1. Demonstrate sufficient knowledge of the main quantitative methods of economic analysis (both theoretical and empirical). (Knowledge)
  2. Proficiently apply quantitative economics techniques in new and unfamiliar circumstances and develop the ability to adapt and innovate to solve relevant economic problems. (Application and Analysis)
  3. Effectively communicate the implications of analyses to the relevant audience. (Communication)
REQUIRED COURSES
ECON 5010Essential Mathematics for Economic Analysis3
ECON 5015Computing and Machine Learning for Economics3
ECON 5020Essential Statistics for Econometrics3
ECON 5021Advanced Econometrics I3
ECON 5022Advanced Econometrics II3
ECON 5023Microeconometrics3
ECON 5030Microeconomic Analysis3
ECON 5040Dynamic Stochastic Modeling3
ECON 5597Comprehensive Examination0
Approved Electives
Select from the following:9
Evidence-Based Decision Analysis
Collaborative Software Development Environment for Economists
Modeling Financial Time Series
Machine Learning for Prediction and Causal Inference
Industrial Economics
Incentives and Market Design
Public Economics
Advanced Labor Economics
International Economics
Environmental and Natural Resource Economics
Independent Study
Applied Economics Project
Special Advanced Topics
Total Units33