Master of Science in Commerce and Economic Development

Campus Locations Boston, Online
Also available 100% Online Yes
Other Format(s)
Credits Required for Graduation 45
Entry Terms Fall Quarter, Winter Quarter, Spring Quarter, Summer Quarter (excl F1 visa applicants)
Meets International Visa Requirements Yes


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 online Master of Science in Commerce and Economic Development.

This graduate-level program integrates economics, leadership, institutional organization, technology, and public policy into a unique and focused educational experience designed to help guide and advance a rewarding career in the private or public sectors.

Program Objectives:

  • 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

Career Outlook

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.

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Please note: Students who started this program prior to Fall 2017 should follow the curriculum reflected on their DegreeWorks audits via the self-service tab of their myNEU portal.  Please consult your advisor with any questions.

Required Courses (25 q.h.)

Complete all of the following courses:

CED 6010 Applied Microeconomic Theory 4 q.h.
CED 6020 Applied Macroeconomic Theory 4 q.h.
CED 6030 Applied Mathematics and Statistics for Economics 4 q.h.
CED 6040 Applied Econometrics 4 q.h.
CED 6050 Commerce and Economic Development 4 q.h.
CED 6910 Capstone: Master’s Project 5 q.h.

Elective Courses (20 q.h.)

Select five of the following courses:

CED 6070 Economics of Human Capital 4 q.h.
CED 6080 Commerce, Institutions, and Innovation 4 q.h.
CED 6090 Cultural Economic Development 4 q.h.
CED 6110 Law and Economics 4 q.h.
CED 6120 Environmental Economics 4 q.h.
CED 6130 Sustainable Economic Development 4 q.h.
CED 6140 Economics of E-Commerce 4 q.h.
COP 6940 Personal and Career Development (Co-op) 4 q.h. 

Required minimum credit hours: 45 q.h.

Admissions Requirements

Below are the official Admissions Requirements for this program.

  • Online application
  • Statement of purpose (500-1000 words): identifying your educational goals and expectations from the program; please be aware that the University's academic policy on plagiarism applies to applicant's statement of purpose
  • Professional resume: Current resume that displays job responsibilities, relevant experience, and education history
  • Two letters of recommendation: from individual(s) with either academic or professional knowledge of your capabilities, such as a faculty member, current employer, mentor, or colleague
  • Official undergraduate degree documentation
  • Proof of English language proficiency: ONLY for students for whom English is not their primary language: English language proficiency guidelines
  • Website Transcript Copy: To submit and complete your application you are able to upload your unofficial transcript directly to your online application. It can be uploaded in PDF format directly to the online application. Please ensure that the scanned documents are readable and include all courses, grades, (i.e. marks, scores, etc.) and credits completed to date. The scanned documents should also include information pertaining to the institution's grading scale. If accepted, you will additionally need to provide your official transcript. In order for a transcript to be "official," it must be in a sealed envelope from the transferring college or university.

For general admissions information and recommended admissions deadlines, Graduate Admissions.

All requirements must be received prior to review.


Estimated total tuition for this program is $31,095.00.

Tuition for individual courses is based on the number of quarter hours. Most courses are 3-6 quarter hours. See Graduate Tuition Rates for details.

Use our Tuition Calculator below to see if transfer credit or tuition reimbursement from your employer could reduce your total tuition.

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Please note: The estimated total tuition is based on tuition rates for Academic Year 2017-18 and does not include any fees or other expenses. Some courses and labs have tuition rates that may increase or decrease total tuition. Tuition and fees are subject to revision by the president and Board of Trustees at any time.

*A maximum of 9 quarter hours of graduate- or doctoral-level credit obtained at another institution may be awarded as Advanced Graduate Credit to the Doctor of Education program.

Student Profile

Who Will Your Classmates Be?

Designed for mid-career professionals or individuals who are interested in economic development, commerce, or international trade, this program typically attracts students who hold undergraduate degrees in economics, business, geography, environmental studies, or policy. Upon completion, graduates will be well positioned to apply for positions in government, international organizations, nonprofit organizations, universities, or the private sector.

Learning Outcomes

Program Student Learning Outcomes

  1. Specialized Knowledge
    Use conceptual and mathematical tools to examine fluctuations in employment, prices, and economic growth, using economic principles and quantitative skills in the areas of economics, economic theory, policy analysis, and research.
  2. Broad and Integrative Knowledge
    Assess and articulate the significance and impact of other fields such as art, culture, and entertainment on commerce and economic development.
  3. Applied and Collaborative Learning
    Design and implement a project that applies economic theories to business and public policy issues—theories such as economic growth, technological and structural changes, industrialization, factor proportions and prices, trade, population, and income distribution.
  4. Civic and Global Learning
    Develop a formal proposal, real or hypothetical, addressing a cultural or global challenge in the field of commerce and economic development that has not been adequately addressed.
  5. Experiential Learning
    Synthesize and transfer learning to new, complex situations within course work or beyond the classroom.

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Next Term Starts
  • Summer Graduate
    Jul 10, 2017 (4-, 6-, and 8-week classes)
    Aug 7, 2017 (4-week classes)
  • Fall Undergraduate
    Sep 4, 2017 (7.5- and 15-week classes)
    Oct 25, 2017 (7.5-week classes)
  • Fall Graduate
    Sep 18, 2017 (6- and 12-week classes)
    Oct 30, 2017 (6-week classes)

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