Applied Economics
Applied economics is the application of economic theory and econometrics in specific settings. As one of the two sets of fields of economics (the other set being the core), it is typically characterized by the application of the core, i.e. economic theory and econometrics, to address practical issues in a range of fields including demographic economics, labour economics, business economics, industrial organization, agricultural economics, development economics, education economics, engineering economics, health economics, monetary economics, public economics, and economic history. The process often involves a reduction in the level of abstraction of this core theory. There are a variety of approaches including not only empirical estimation using econometrics, input-output analysis or simulations but also case studies, historical analogy and so-called common sense or the "vernacular". This range of approaches is indicative of what Roger Backhouse and Jeff Biddle argue is the ambiguous nature of the concept of applied economics. It is a concept with multiple meanings. Among broad methodological distinctions, one source places it in neither positive nor normative economics but the art of economics, glossed as "what most economists do".
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Matching Applied Economics Colleges
University of Massachusetts-Amherst
Four or more years; Public; $33,096 average out-state tuition; $15,030 average in-state tuition |
Binghamton University
Four or more years; Public; $21,550 average out-state tuition; $6,670 average in-state tuition |
University of Minnesota-Twin Cities
Four or more years; Public; $24,986 average out-state tuition; $12,800 average in-state tuition |
Georgetown University
Four or more years; Private not for profit; $51,720 average out-state tuition; $51,720 average in-state tuition |
Virginia Polytechnic Institute and State University
Four or more years; Public; $28,273 average out-state tuition; $11,093 average in-state tuition |
Ursinus College
Four or more years; Private not for profit; $50,360 average out-state tuition; $50,360 average in-state tuition |
University of California-Los Angeles
Four or more years; Public; $39,516 average out-state tuition; $11,502 average in-state tuition |
Scholarships for Applied Economics Majors
Bess Heflin FellowshipUniversity of Texas at Austin, Office of Graduate Studies |
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award $19,000 |
deadline Varies |
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Philip J. Norton, Jr. ScholarshipMartha's Vineyard Bank Charitable Foundation |
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award $12,500 |
deadline March 15, 2023 |
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Vida Dutton Scudder FellowshipWellesley College, Graduate Financial Aid |
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award Up to $11,000 |
deadline Varies |
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Graduate Assistantships for Doctoral Students Scholarship - Nova SEUNova Southeastern University |
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award $10,000 |
deadline Varies |
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Ray and Betty Ramseyer ScholarshipUniversity of California, San Diego |
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award Up to $5,000 |
deadline Varies |
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AB HBCU Scholars ProgramAllianceBernstein L.P. |
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award $5,000 |
deadline March 15, 2023 |
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Judge Beverly Reid O’Connell ScholarshipWomen Lawyers Association of Los Angeles |
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award Up to $5,000 |
deadline April 30, 2023 |
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Mid-Atlantic Security Traders Foundation ScholarshipMid-Atlantic Security Traders Foundation, Inc. |
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award $5,000 |
deadline June 15, 2023 |
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Nebraska Insurance Federation ScholarshipNebraska Actuaries Club |
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award $4,000 |
deadline March 31, 2023 |
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John B. and Jean M. Henkels Endowed ScholarshipWestminster College, Utah |
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award $3,750 |
deadline Varies |
Applied Economics Related Majors
- Political Science and Government
- Sociology
- Economics
- Criminology
- International Relations and National Security Studies
- Anthropology
- Social Sciences
- International Relations and Affairs
- Archeology
- American Government and Politics (United States)
- Geography
- Development Economics and International Development
- Cultural Anthropology
- International Economics
- Urban Studies/Affairs
- Physical and Biological Anthropology
- Political Economy
- Econometrics and Quantitative Economics
- Medical Anthropology
- Geographic Information Science and Cartography