2020 Most Affordable Online Master's in Economics

By the OnlineU team | Updated 3/13/2020
2020 Most Affordable Economics Masters Degrees Badge
By the OnlineU team | Updated 3/13/2020

This list highlights 12 schools, all of which offer affordable online master's in economics programs. In first place, Georgia Southern University is the most affordable school, with a tuition rate of $5,370. West Texas A&M University, ranked #2, offers an annual tuition rate of $5,667 for its Master of Science in Finance and Economics. Courses for this program include Advanced Business Forecasting, Econometrics, and Problems in Government Finance and Fiscal Policy.

You can read more about our ranked schools below or browse our rankings of the most affordable online master's programs. View our methodology or learn more about OnlineU.

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All tuition numbers were manually collected and verified
Rank School Annual Tuition
# 1 #1 Georgia Southern University $5,370
# 2 #2 West Texas A&M University $5,667
# 3 #3 University of Missouri $5,790
# 4 #4 University of North Dakota $6,705
# 5 #5 Southern New Hampshire University Online $11,286
# 6 #6 Youngstown State University $11,321
# 7 #7 University of Detroit Mercy $12,765
# 8 #8 Purdue University - Main Campus $16,125
# 9 #9 Northeastern University $16,698
# 10 #10 Thomas Jefferson University $17,625
# 11 #11 University of Delaware $20,250
# 12 #12 American University $26,385
#1
#1

Georgia Southern University

Statesboro (GA)
Annual Tuition: $5,370
Annual Tuition: $5,370
Annual Tuition: $5,370
  • Online Degrees: 1
  • Financial Aid Recipients: 90%
  • Graduation Rate: 50%
  • Acceptance Rate: 68%
  • Average SATs: 1060 -1200
  • Undergrad Online Enrollment: 1,168
  • Graduate Online Enrollment: 1,484
  • School Type: Non-Profit
  • School Accreditation: SACS COC
  • Phone #: (912) 478-5391

Example Classes: Advanced Financial Economics, Behavioral Economics, Financial Economics and Risk, Health Economics, History of Economic Thought, Industrial Organization, Regional Economic Development

Online Master's Degrees

  • Master of Science in Applied Economics
#2
#2
Annual Tuition: $5,667
Annual Tuition: $5,667
Annual Tuition: $5,667
  • Online Degrees: 1
  • Financial Aid Recipients: 86%
  • Graduation Rate: 44%
  • Acceptance Rate: 61%
  • Average SATs: 970 -1170
  • Undergrad Online Enrollment: 1,315
  • Graduate Online Enrollment: 2,067
  • School Type: Non-Profit
  • School Accreditation: SACS COC
  • Phone #: (806) 651-0000

Example Classes: Advanced Business Forecasting, Current Issues in Industrial Organization, Econometrics, Economics of Health and Medical Care, Financial Management of Health Care, Problems in Government Finance and Fiscal Policy

Online Master's Degrees

  • Master of Science in Finance and Economics
#3
#3

University of Missouri

Columbia (MO)
Annual Tuition: $5,790
Annual Tuition: $5,790
Annual Tuition: $5,790
  • Online Degrees: 1
  • Financial Aid Recipients: 85%
  • Graduation Rate: 69%
  • Acceptance Rate: 78%
  • Average SATs: 1090 -1290
  • Undergrad Online Enrollment: 679
  • Graduate Online Enrollment: 2,236
  • School Type: Non-Profit
  • School Accreditation: HLC
  • Phone #: (573) 882-2121

Example Classes: Economic Development, Economics of International Trade, Introduction to Game Theory, Mathematics for Economics, The Banking System and the Money Market, The International Monetary System

Online Master's Degrees

  • Master of Arts in Economics
#4
#4

University of North Dakota

Grand Forks (ND)
Annual Tuition: $6,705
Annual Tuition: $6,705
Annual Tuition: $6,705
  • Online Degrees: 1
  • Financial Aid Recipients: 90%
  • Graduation Rate: 55%
  • Acceptance Rate: 83%
  • Average SATs: 980 -1230
  • Undergrad Online Enrollment: 1,867
  • Graduate Online Enrollment: 1,664
  • School Type: Non-Profit
  • School Accreditation: HLC
  • Phone #: (800) 225-5863

Example Classes: Advanced Price Theory, Applied Public Economics, Demographic Methods for Economics, Economic Forecasting, International Money and Finance, Mathematics for Economists

Online Master's Degrees

  • Master of Science in Applied Economics
#5
#5
Annual Tuition: $11,286
Annual Tuition: $11,286
Annual Tuition: $11,286
  • Online Degrees: 1
  • Financial Aid Recipients: 75%
  • Graduation Rate: 52%
  • Acceptance Rate: 78%
  • Undergrad Online Enrollment: 76,929
  • Graduate Online Enrollment: 19,983
  • School Type: Non-Profit
  • School Accreditation: NECHE
  • Phone #: (603) 668-2211

Example Classes: Environmental and Natural Resource Economics, Financial Modeling, Fiscal & Monetary Policies & Practices, Game Theory and Industrial Organization, International Corporate Finance, Managerial Economics

Online Master's Degrees

  • MS in Applied Economics
#6
#6

Youngstown State University

Youngstown (OH)
Annual Tuition: $11,321
Annual Tuition: $11,321
Annual Tuition: $11,321
  • Online Degrees: 1
  • Financial Aid Recipients: 98%
  • Graduation Rate: 36%
  • Acceptance Rate: 71%
  • Average SATs: 960 -1190
  • Undergrad Online Enrollment: 517
  • Graduate Online Enrollment: 211
  • School Type: Non-Profit
  • School Accreditation: HLC
  • Phone #: (877) 468-6978

Example Classes: Corporate Financial Management, Econometrics, Finance for Decision Making, Microeconomic Theory, Securities Analysis, The Economics of Financial Markets and Institutions

Online Master's Degrees

  • Master of Arts in Financial Economics
#7
#7
Annual Tuition: $12,765
Annual Tuition: $12,765
Annual Tuition: $12,765
  • Online Degrees: 2
  • Financial Aid Recipients: 100%
  • Graduation Rate: 65%
  • Acceptance Rate: 65%
  • Average SATs: 1050 -1250
  • Undergrad Online Enrollment: 0
  • Graduate Online Enrollment: 93
  • School Type: Non-Profit
  • School Accreditation: HLC
  • Phone #: (313) 993-1000

Example Classes: Analysis of Economic Conditions, Economic Analysis of Enterprises, Economics of the Public Sector, Financial Economics, Quantitative Foundations of Economic Analysis, Theory of International Trade

Online Master's Degrees

  • Master of Arts in Economics
  • Master of Arts in Financial Economics
#8
#8

Purdue University - Main Campus

West Lafayette (IN)
Annual Tuition: $16,125
Annual Tuition: $16,125
Annual Tuition: $16,125
  • Online Degrees: 5
  • Financial Aid Recipients: 69%
  • Graduation Rate: 80%
  • Acceptance Rate: 57%
  • Average SATs: 1180 -1410
  • Undergrad Online Enrollment: 441
  • Graduate Online Enrollment: 2,156
  • School Type: Non-Profit
  • School Accreditation: HLC
  • Phone #: (765) 494-4600

Example Classes: Accounting and Economics, Economics of Information, Industrial Economics, Law and Economics, Mathematical Analysis for Economists, Personnel Economics

Online Master's Degrees

  • MS in Economics
  • MS in Economics - Advanced Theory
  • MS in Economics - Business and Data Analytics
  • MS in Economics - Financial Economics
  • MS in Economics - Public Economics and Policy
#9
#9

Northeastern University

Burlington (MA)
Annual Tuition: $16,698
Annual Tuition: $16,698
Annual Tuition: $16,698
  • Online Degrees: 6
  • Financial Aid Recipients: 77%
  • Graduation Rate: 88%
  • Acceptance Rate: 27%
  • Average SATs: 1360 -1540
  • Undergrad Online Enrollment: 21
  • Graduate Online Enrollment: 152
  • School Type: Non-Profit
  • School Accreditation: NECHE
  • Phone #: (617) 373-2000

Example Classes: Cultural Economic Development, Derivatives and Alternative Investments, Economics of Human Capital, Mathematical Methods for Economics 2, Open Economy Macroeconomic Analysis, Sustainable Economic Development

Online Master's Degrees

  • Master of Science in Commerce and Economic Development
  • Master of Science in Commerce and Economic Development - Data Analytics
  • Master of Science in Commerce and Economic Development - Economic Analysis
  • Master of Science in Commerce and Economic Development - Economic Entrepreneurship
  • Master of Science in Commerce and Economic Development - Financial Economics
  • Master of Science in Global Studies and International Relations - International Economics and Consulting
#10
#10

Thomas Jefferson University

Philadelphia (PA)
Annual Tuition: $17,625
Annual Tuition: $17,625
Annual Tuition: $17,625
  • Online Degrees: 3
  • Financial Aid Recipients: 99%
  • Graduation Rate: 64%
  • Average SATs: 1060 -1240
  • Undergrad Online Enrollment: 319
  • Graduate Online Enrollment: 739
  • School Type: Non-Profit
  • School Accreditation: MSCHE
  • Phone #: (215) 955-6000

Example Classes: Advanced Economic Modeling, Advanced Statistical Concepts in Applied Health Economics & Outcomes Research, Economic and Outcomes Analyses, Epidemiology for Outcomes Research

Online Master's Degrees

  • Master of Science in Applied Health Economics and Outcomes Research
  • Master of Science in Applied Health Economics and Outcomes Research - Domestic
  • Master of Science in Applied Health Economics and Outcomes Research - International
#11
#11
Annual Tuition: $20,250
Annual Tuition: $20,250
Annual Tuition: $20,250
  • Online Degrees: 1
  • Financial Aid Recipients: 84%
  • Graduation Rate: 82%
  • Acceptance Rate: 63%
  • Average SATs: 1160 -1350
  • Undergrad Online Enrollment: 132
  • Graduate Online Enrollment: 259
  • School Type: Non-Profit
  • School Accreditation: MSCHE
  • Phone #: (302) 831-2000

Example Classes: Curriculum Strategies for Economic Educators, Macroeconomics for Economic Educators, Microeconomics for Economic Educators, Monetary and International Trade Theories for Economic Educators

Online Master's Degrees

  • Master of Science in International Business - Economics
#12
#12

American University

Washington D.C.
Annual Tuition: $26,385
Annual Tuition: $26,385
Annual Tuition: $26,385
  • Online Degrees: 2
  • Financial Aid Recipients: 76%
  • Graduation Rate: 80%
  • Acceptance Rate: 29%
  • Average SATs: 1220 -1380
  • Undergrad Online Enrollment: 2
  • Graduate Online Enrollment: 476
  • School Type: Non-Profit
  • School Accreditation: MSCHE
  • Phone #: (202) 885-1000

Example Classes: Economic Thought, Economics of Transition, Financial Economics, Gender Perspectives on Economic Analysis: Microeconomics, International Economics: Finance, Labor Economics

Online Master's Degrees

  • MA in Economics
  • MA in Economics - Applied Economics