2009-2010 University Catalog 
  
2009-2010 University Catalog

Economics, PhD


Banner Code: LA-PHD-ECON

This program prepares students for careers in academia, business, and government. Core courses train students in modern theory and quantitative techniques, while field courses stress the application of theory to relevant economic problems. Dissertation work requires students to master and apply the skills of original research. The department emphasizes publishing; many students have had articles accepted for publication in professional journals while in the graduate program. Research in the Department of Economics covers a broad spectrum, from problems of immediate policy importance to fundamental questions of economic and social organization.

This program of study is offered by the Department of Economics .

For policies governing all graduate degrees, see the Academic Policies  chapter of the catalog.

Application Requirements


Applicants should hold an undergraduate degree, which does not have to be in economics, from an accredited institution and have satisfactorily completed intermediate microeconomics and macroeconomics. They also should have one year of calculus, one year of statistics, and one semester each of matrix algebra and econometrics. Applicants should have earned a 3.00 GPA in the last two years of undergraduate work and in all economics courses, as well as received satisfactory scores on the GRE (subject exam is optional).

Applicants must submit two letters of recommendation and a brief personal statement explaining their interest in the program. The department accepts doctoral students only for the fall semester.

Reduction of Credit


Students who enter with a master’s degree in economics may have their credit requirement reduced by up to 30 credits at the discretion of the department with approval of the dean. Credit is not given for comprehensive and field exams from other universities.

Degree Requirements


In addition to satisfying the university requirements for all doctoral degrees, students must successfully complete 72 credits of course work with a cumulative GPA of 3.00 including exams.  No more than two courses with a grade of 2.00 may be applied toward the degree.

Six to ten elective courses (18 to 30 credits)


Two courses in each of two fields listed below (12 credits):


Subject to course availability, the department offers exams in the following fields of study. Consult the department for the required courses for each field.

  • Austrian economics
  • Constitutional economics
  • Economic history
  • Economics and religion
  • Experimental economics
  • Industrial organization
  • Institutions and Development
  • Law and economics
  • Monetary theory
  • Public choice
  • Public finance

Exams


  • Field exams in two fields of study
  • Comprehensive exams in microeconomics and macroeconomics

Advancement to Candidacy


To advance to candidacy, students must complete all course work required on their approved program of study. Students must also successfully complete and pass comprehensive exams in microeconomics and macroeconomics, as well as field exams in two knowledge areas. In addition, students must have a dissertation committee appointed by the Dean’s Office as well as an approved proposal. Evidence of the approved proposal must be on file in the Dean’s Office before a student can advance to candidacy.

Continuous Registration


Once enrolled in 998, a student must maintain continuous registration in 998 or 999 each semester until the dissertation is submitted to and accepted by the University Library.