The Master of Science in Commerce and Economic Development integrates economics, leadership, technology, and public policy to prepare students for a career in the private or public sector.
Globalization has created a borderless economy with a host of new opportunities and challenges for those engaged in commerce and economic development. While global markets offer exciting growth prospects, navigating the world stage requires in-depth knowledge of the financial, regulatory, and economic environments and institutions that affect the global economy and international trade. To meet the need for both insight and skills development, Northeastern University’s College of Professional Studies—in collaboration with Northeastern University’s College of Social Sciences and Humanities—offers the Master of Science in Commerce and Economic Development, which integrates an applied economics study of information, institutions and innovation designed to develop and hone analytical skills to support private and public decision-making.
Program designed for mid-career professionals
Graduates are positioned for jobs in government, international organizations, nonprofit organizations, universities, or the private sector
Boston location is a hub for healthcare, education, finance, business, biotechnology, and the life sciences
Required Capstone project
Translate economic theory and classroom materials into core competencies
Apply quantitative skills in the areas of economics, economic theory, policy analysis and research
Learn to set prices and output levels
Use conceptual and mathematical tools to examine fluctuations in employment, prices, and economic growth
Develop skills in data collection, estimation, and results interpretation
Apply theories of economic growth, technology, structural changes, industrialization, factor proportions and prices, trade, population, and income distribution
Evaluate labor markets and the role of human capital
Assess how art, culture, and entertainment impact economic development
Analyze the impact of environmental resources on commerce and economic development
Several major trends—policy convergence, e-commerce expansion, and continued international development—are driving the job growth in the fields of international trade and economic development, and career prospects are expected to remain strong. Jobs in economic analysis and international trade are typically well-paying, with individuals holding advanced degrees expected to enjoy the best opportunities.
Statement of purpose (500–1000 words): identifies your educational goals and expectations of the program; please be aware that the University's academic policy on plagiarism applies to your statement of purpose
Unofficial undergraduate transcripts (Official transcripts required at the time of admission)
Two letters of recommendation: from individuals who have either academic or professional knowledge of your capabilities such as a faculty member, colleague, or mentor, preferably one from your current employer
English Language Proficiency Proof: students for whom English is not their primary language must submit one of the following:
Official associate or bachelor's degree transcript from an accredited college or university in the U.S, stating degree conferral and date
Learn how our teaching and research benefit from a worldwide network of students, faculty and industry partners.
Master of Science in Commerce and Economic Development Core Requirements
45 total quarter hours required.
CED 6010 - Applied Microeconomic Theory
CED 6020 - Applied Macroeconomic Theory
CED 6030 - Applied Mathematics and Statistics for Economics
CED 6040 - Applied Econometrics
CED 6050 - Commerce and Economic Development
CED 6910 - Capstone: Master’s Project
Complete five of the following:
CED 6070 - Economics of Human Capital
CED 6080 - Commerce, Institutions, and Innovation
CED 6090 - Cultural Economic Development
CED 6110 - Law and Economics
CED 6120 - Environmental Economics
CED 6130 - Sustainable Economic Development
CED 6140 - Economics of E-Commerce
COP 6940 - Personal and Career Development
3.00 - 4.00
INPS 5184 Interdisciplinary Professional Foundations
Northeastern's signature experiential learning model combines academics with professional practice to help students acquire relevant, real-world skills they can apply to their desired industry. Each program offers its own unique experiential learning opportunities, but they might include:
Experiential Learning at Work — Working professionals collaborate with their employer to develop a project that addresses a key business need their company has in an area they want familiarity with.
Experiential Network (XN) — Students work virtually with a sponsoring organization on a short-term project over a six-week period.
Full-Time Co-op Opportunities — Students on co-op work in a paid position in their field of study for three to six months.
Our faculty represents a wide cross-section of professional practices and in fields ranging from finance to education to biomedical science to management to the U.S. military. They serve as mentors and advisors, and collaborate alongside students to solve the most pressing global challenges facing established and emerging markets.
Lead Faculty, Master of Science Commerce and Economic Development program
By enrolling in Northeastern, you gain access to a network of more than 245,000 alumni and 3,200+ employer partners, including Fortune 500 companies, government agencies, and global NGOs. Our current students and faculty across strategically located regional campuses further foster that lifelong global community of learning and mentoring.
Below is a look at where our Business alumni work, the positions they hold, and the skills they bring to their organization.