Master's degree coursework typically takes two years to complete, but it is important to note that in most cases, students earn a master's degree while pursuing doctoral studies in economics. Still, it is possible to find programs that are not designed to award a terminal degree. Some programs are also available online. Students need a bachelor's degree and a solid background in economics and mathematics in order to be considered for admission. They must have taken undergraduate courses in micro- and macroeconomics, statistics, and calculus.