To earn a PhD a student must:
Applicants accepted to the graduate program are generally classified as MA students. At the end of the first year, students are formally admitted to the PhD program if they have maintained a 3.0 GPA in the required first-year courses and passed the micro theory preliminary exam. Students who are unable to meet these requirements will be given the opportunity to earn an MA degree.
Students enrolled in the PhD program in Economics are required to complete a set of core and selected field courses of specialization. The core curriculum consists of courses in mathematical economics, microeconomic theory, macroeconomic theory, statistical methods and introductory econometrics.
In addition, to satisfy the university's research skills requirement, students must attend the workshops and seminars sponsored by the department (ECON 8980), and complete Research Methods in Economics (ECON 8090) during the third year with a minimum grade of B. One of the requirements of the research methods course is to write an applied research paper to be presented in the department's summer workshop series.
Students are required to complete three fields of specialization, one of which must be econometrics. At least one of the two elective fields must be from courses offered by the Economics Department. Besides econometrics, the department offers fields in industrial organization, international economics, labor economics, monetary/macro economics and public economics. With permission of the department's graduate coordinator, students can satisfy one of the elective fields through course work in a related department, such as finance. A field is completed after passing two courses in an area of specialization with a minimum average grade of 3.0.
At the end of the first year, students are expected to have completed the Micro Theory (ECON 8010 and ECON 8020) and Macro Theory (ECON 8040 and ECON 8050) sequences. These preliminary exams will be given in June after the first year. Students who both do not pass at that time may retake the exam(s) in early August. Students who do not pass the core exams by August after their first year will result in be dismissed from the PhD program. Students must pass the Micro and Macro exams before taking the field courses and exams.
Students must pass a written field exam in one area of specialization. To take a field exam, students must have completed the course work for the field with an average grade of 3.0, and passed the core exams in micro and macro theory. If a student fails the same field twice, he or she will be given one chance to pass an exam in an alternative field.
This class is taken in the fall semester of the third year. It is designed to help students make substantial progress on their thesis research and to make an effective transition from course work to dissertation work.
The dissertation must demonstrate original research, independent thinking, scholarly ability and technical mastery. Its conclusions must be logical, its literary form acceptable and its contribution to knowledge should merit publication. Students should establish a thesis committee by the spring of their third year.
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