this is a strange degree. It is normally awarded on the way to a PhD. If you want a job then an MBA, a master’s in finance, or a master’s in analytics would be better. North Texas offers a quantitative program that normally leads to positions in market research or as a pricing analyst. That might be worthy.
If you want a PhD just get a PhD. Entering a Ph.D. program having completed an economics M.A. at another school will not shorten the duration of the Ph.D. program. If you want to get into a PhD program it might be easier and cheaper to spend a year at your undergraduate school taking a year of math courses or to go to one of the programs that specialize in getting people ready for the PhD.
If you want to avoid the real world for a while and do something cool then either do something cool (hike the Appalachian trail, teach English in Vietnam, or whatever) or get a master’s degree on the cheap. Don’t load up on student debt for this.