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Agricultural Economics and Rural Sociology

Agricultural Sciences Bldg.
Phone: (208) 885-6264
Fax: (208) 885-5759

Mailing Address:
Agricultural Economics and Rural Sociology
University of Idaho
875 Perimeter Drive MS 2334
Moscow, ID 83844-2334

Graduate Student Stacie Woodall

Graduate Program

M.S. in Applied Economics

A Master of Science in Applied Economics prepares you for a career in industry, government and public sectors, or to continue on to a Ph.D. In your coursework, you will receive individual attention from graduate-level professors at two universities – University of Idaho and Washington State University.

Students are required to take a set of core microeconomics classes with a concentration in resource economics, environmental economics, econometrics, agribusiness, or international trade. You will acquire critical skills in problem statement and hypothesis formulation, data collection and processing, empirical analysis, formulation of conclusions, writing theses and papers, and communication of findings.

Our students are recipients of numerous college, university and national awards. Recent graduates are now employed at Rabo AgriFinance, Northwest Farm Credit, Simplot, HSBC, ConAgra, Informa Economics and Wells Fargo. Others have moved on to Ph.D. programs at prominent universities such as UC Berkeley, University of Colorado, Washington State University, Texas A&M University, and Purdue University.
  • Research Opportunities
    As a student in the University of Idaho Master of Science in Applied Economics program, you will have the opportunity to conduct applied research on variety of topics. Research projects undertaken by students in our master's program have addressed important questions such as:

    • How are invasive species impacting recreation and commerce?
    • How much do individuals value environmental quality?
    • How can scarce water resources be sustainably managed?
    • What can be done to help rural communities enhance their economic base?
    • How are agribusinesses impacted by immigration policies?
    • Is it cost-effective to produce biofuels from Pacific Northwest crops?
    • Do cooperatives benefit their members?
    • To what level will consumers accept GMO potatoes?
    • How do changes in strategic trade policies impact U.S. exports?
    Graduate student research is frequently published in well-regarded academic journals and presented at national and regional academic and industry conferences. Students in the University of Idaho Master of Science in Applied Economics program have published their thesis research in Economic Inquiry, Journal of Agricultural and Resource Economics, Journal of Agricultural and Applied Economics, Agribusiness: An International Journal, International Food and Agribusiness Management Review, Water Resources Research, and other top journals. 
  • Coursework
    The M.S. thesis option is offered as a stand-alone degree or with optional emphasis areas, which may be selected in any of the following areas: Agricultural Economics, Natural Resources, or Agribusiness.

    Specific departmental requirements for the thesis option include 32 credits of coursework:

    • AgEc 525 – Master's Econometrics
    • AgEc 526 – Master's Microeconomic Analysis I
    • AgEc 527 – Master's Microeconomic Analysis II
    • AgEc 529 – Research Methods
    • 15 credits of electives
    • 6 research and thesis credits
    Additional details of degree requirements and options can be found in the UI catalog.
  • Admission
    Applicants to the program must have completed a bachelor’s degree from an accredited college or university. A broad background in economics and quantitative methods is recommended. The Master of Science in Applied Economics degree program requires students to take the GRE for admission.

    Details regarding admission requirements can be found on the UI graduate admissions webpage.

    Deadline for Applications
    For Fall semester admission: February 1st
    For Spring semester admission: September 1st

    All application materials should be sent to:

    Graduate Admissions Office
    University of Idaho
    875 Perimeter Drive MS 3019
    Moscow, ID 83844-3019
    United States of America

    For more information about graduate admissions, visit the College of Graduate Studies