A Masters degree is an academic degree awarded to individuals who successfully denote a higher level of expertise. There are two main types of Masters - taught and research.
Those who study economics first and foremost learn the differences between microeconomics and macroeconomics. Microeconomics involves the behavior of individual markets, such as households and firms, and their interactions. Macroeconomics, on the other hand, involves looking at the entire economy as a whole.
Education in the United States is mainly provided by the public sector, with control and funding coming from three levels: state, local, and federal, in that order. The common requirements to study at a higher education level in United States will include your admissions essay (also known as the statement of purpose or personal statement), transcript of records, recommendation/reference letters, language tests
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