Department of Agricultural Economics and Economics

Department Head

Dr. Gregory Gilpin
P.O. Box 172920
306 Linfield Hall, Bozeman, MT  59717-2920
Tel: 406-994-3701  Fax: 406-994-4838

Our Master of Science degree in Applied Economics encourages students to develop and apply their skills in economic analysis and examine a wide array of economic and political issues. Learning takes place through coursework in economic theory, quantitative methods, and econometrics, through collaborative work with departmental faculty, and through an intensive research thesis that addresses an important economic issue selected by the student.


Core graduate courses are taught at a level that requires entering students to have successfully completed courses in intermediate microeconomic and macroeconomic theory, calculus, matrix algebra, and statistics. Applicants who have not completed the prerequisite material, but who have apparent potential for graduate study, may be admitted to the program on a provisional basis. A math review course is offered prior to Fall semester each year for all incoming graduate students. Applicants must submit Graduate Record Examination (GRE) scores, official transcripts of all degree coursework, three letters of recommendation, and an application fee of $60.  A personal statement is recommended but is not required.  Foreign applicants must also include English proficiency test scores from: TOEFL [80], IELTS [level 6.5] or PTE [54]; this test is necessary for applicants who are not U.S. citizens and not from countries where English is the official language. To apply for the M.S. in Applied Economics, visit our website: 

Degree Requirements

A core of economic theory and quantitative methods courses (or equivalent) is required.  Students are required to maintain a 3.0 grade point average overall in their core courses and the courses in their graduate program. Failure to meet these requirements, as well as receipt of more than one grade less than a "B-" in the core courses will be grounds for termination.  See  Program Requirements on the department website for course information.

Student Graduate Committee

Faculty members in our Department have expertise in a wide variety of fields. Some examples of graduate topics taught by our faculty are advanced economic theory, static and dynamic optimization models in economics, the dynamic effects of fiscal & monetary policy on the macroeconomy, theory and use of regression analysis, public policy, and research methodology. Our faculty takes an active interest in our students, and this one-on-one contact with faculty in our department is consistently given high praise among our students.

Financial Assistance

A number of research and teaching assistantships are available for graduate students and are awarded on a competitive basis. Late applications will be considered as space and funding become available. To ensure full consideration for assistantship awards for Fall semester, applications should be received by January 15. For further information, refer to the Graduate Assistantships sections on the department website. 

Degree Offered