Graduate School Bulletin

Graduate Programs

The graduate program in Economics, in the College of Arts and Sciences, emphasizes rigorous training in economic theory and quantitative methods and their creative applications. Both theoretical and empirical work is heavily based on mathematical modeling. In addition to core courses, students choose elective courses from the variety of fields offered in theoretical and quantitative applied economics. It is through these courses that breadth of economic knowledge is gained. Both Ph.D. and M.A. programs share most of the courses. If students choose the Advanced MA track they can also combine their MA degree with the Advanced Certificate in Data and Computational Science, or the Advanced Certificate in Finance. More details on the latter programs are provided below.

The program of study does not depend on prior knowledge of economics, though that is useful. Because of its emphasis on mathematical modeling, the graduate program is highly suitable for those whose undergraduate degrees are in physics, engineering, and mathematics. Those whose undergraduate degrees are in economics usually have to take a number of mathematics courses at a level not usually required for their undergraduate degree in order to be prepared for a graduate program.

Financial Support and application deadlines

Students in the M.A. program do not receive financial support and are expected to pay tuition. Ph.D. students may receive financial support for four years of study and a tuition waiver for the entire duration of their study subject to satisfactory progress in the program. Most of the time, we can provide support at least to fifth-year graduate students in good standing. The number of openings for the Ph.D. program is small and acceptance is very competitive. Students who do well in the advanced M.A. program (see M.A. program details) are prime candidates to be accepted into the Ph.D. program upon completion. Since the course requirements for both programs are almost identical they would only need to complete the teaching practicum and the research workshop (see Ph.D. program details) and can start their research immediately.

All admissions are for the academic year starting in September. Applicants to the Ph.D. program seeking financial aid are required to apply by January 15. Applications for the M.A. program are accepted until March15 for foreign students and July 15 for domestic students.