Department of Economics with Columbian College seal. Professor Remi Jedwab teaches a class in front of a whiteboard



Combining economic modeling and Quantitative Methods
to solve everyday problems.


Who We Are

Professor Daniel Marcin lectures a class. Watch the video about the Department of Economics to find out more.


In the GW Department of Economics, students develop the analytical and statistical skills needed to understand how markets work, how prices are determined and how trade policies are designed. With courses on everything from government regulation to the economics of crime, our undergraduate majors and minors explore the economic underpinnings of countless social, governmental and international issues. Our graduate students publish in top-tier research journals and pursue prestigious careers around the world.

Located within walking distance of the Federal Reserve, the World Bank, the International Monetary Fund and dozens of major consulting firms, our department brings economics to life through unique internships and practical research. Our alumni are prepared to thrive in a variety of careers across the private, public and nonprofit sectors.




Our Programs

A student writing on her notebook in an economic class


A degree in economics can be a bridge to all kinds of careers and advanced degrees, from financial forecasting and consulting to international development. Whether undergraduate students choose to major or minor in economics, or pursue one of our combined degree options, they each have access to the department’s dedicated advising support.  The department offers a Bachelor of Arts, a STEM designated Bachelor of Science, and a Minor.

Students listening in an MA in Applied Economics class

Masters In Applied Economics

GW’s STEM designated Master of Science in Applied Economics provides students with the tools to succeed as economists in today’s data-driven world. Our graduates learn to draw meaningful implications from data and integrate economic analysis into their professional lives. They apply economic theory and quantitative methods to real-world scenarios such as measuring the impacts of government programs and forecasting economic trends.

A student writing on a notebook


Producing about 10 graduates each year, the STEM designated PhD in Economics program is a close community of scholars from around the world. Coursework ranges from microeconomics, macroeconomics and econometrics to the economics of industry and labor.

PhD students engage in research with faculty as research assistants and publish their own work in respected journals including Economics Letters, Journal of Macroeconomics and European Economic Review

Our Unique Location

Economics Map

The George Washington University Department of Economics is located in downtown Washington, D.C., within walking distance of the Federal Reserve, the World Bank, the International Monetary Fund, the Cato Institute, the Government Accountability Office, the Economic Policy Institute, Pew Charitable Trusts, Brookings Institution, the White House and dozens of major consulting firms.


Economics Department by the Numbers


2018 M.A. in Applied Economics Student, Mario Escarcega, in a white shirt

Mario Escarcega

MA ’18
Applied Economics

“The master’s program taught me to use programming skills, econometric tools and economic theory to propose solutions to topics such as automation, inequality and trade efficiency. I apply the concepts and models that I learned in class on a daily basis in my job as an analyst in an economic consulting firm.”