Department of Economics

Funding

Incoming doctoral students receive six years of guaranteed financial support, including summers, a stipend, tuition remission, a health-services fee, and health and dental insurance (some are funded through external sources).  

Students in the first year receive aid in the form of a fellowship (requiring no work on their part). In years 2+, the support may take the form of a teaching assistantship, research assistantship, or fellowship as long as student remains in good standing.  All such assignments form part of the student’s professional development.

Admissions

Entry into the Ph.D. program in economics is possible only in the Fall semester. The application deadline is January 1  for admission starting the following September. About 16 students enter the program each year.

All applicants must take the verbal, quantitative, and analytical sections of the Graduate Record Examination. In order to ensure that their scores reach us by January, applicants should take the GRE in October, or, at the latest, in December. Applicants whose native language is not English must also take the TOEFL examination. Further information about the GRE and TOEFL examinations can be obtained from the Educational Testing Service, Princeton, New Jersey 08540.

Prerequisites

In preparing for the Ph.D. program in economics a student can pursue an undergraduate major in any field. However, four semesters of economic analysis and two years of calculus are required for admission. Courses in economic theory, differential equations, and linear algebra are highly recommended. A strong undergraduate record, particularly in Economics, Mathematics and other analytical subjects, provides evidence of the applicant's ability and preparation for undertaking graduate work.

For answers to specific questions about the Economics Department, contact Angelica Spertini.