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Doctor of Philosophy in Economics

Program description.

The PhD in Economics degree program provides a cutting-edge education in economic theories and the development of a rigorous toolkit of mathematical and econometric techniques. Students also gain extensive exposure to various research areas in economics that allow them to think critically about how to approach the analysis of economic problems and contribute to the knowledge base of the discipline. The program is particularly strong in the areas of public economics, applied microeconomics, macroeconomics, data analysis, and the economics of conflict.

Career Opportunities

Graduates of the program seek positions such as: academic, data analyst, economist in financial institutions, management firms, and consulting firms both in private and domestic sector, academics and researcher and government positions (the Federal Reserve banks, Bureau of Labor Statistics, Census Bureau, Social Security Administration and Federal Trade Commission.)

Application Requirements

Degree requirements:  Bachelor’s degree from an accredited college or university.

GPA:  Minimum GPA of 3.25 in upper-division and graduate course work in economics and related courses.

Test score required:  Yes

The minimum quantitative score is 158 with students averaging 163 on the quantitative score and 150 of the verbal score. The program does not accept GMAT scores as a substitute for GRE scores.

Letters of recommendation:  3

Applicants must submit three letters of recommendation from individuals who can judge the candidate’s probability of success in graduate school. Use the electronic request form in the graduate application to submit the letters. Contact the graduate academic program department if you have any questions.

Admissions essay required:  Yes

A one-page essay outlining the applicant’s background, reasons for choosing UT Dallas, prior educational experiences, and personal objectives.

Deadlines:  University  deadlines  apply.

Contact Information

Judy Du Graduate Program Administrator Email: [email protected] Phone: 972-883-4964 Office: GR 2.808

Degree Information Dr. Seth Giertz Director of Graduate Studies Email: [email protected] Phone: 972-883-6234 Office: GR 2.244

EPPS Advising The University of Texas at Dallas 800 W Campbell Rd, GR 31 Richardson, TX 75080-3021 [email protected]

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The Department of Economics is home to over 50 faculty members and approximately 140 enrolled graduate students. The department hosts weekly seminars with academics from around the world in a wide range of subfields within economics including behavioral economics, international economics, industrial relations, industrial organization, microeconomic theory, macroeconomics, finance, econometrics, development, political economy, and more. Graduate students are an integral part of these seminars and are welcome and encouraged to attend.

Members of the faculty interact with graduate students at weekly student workshops and seminars and are readily available to meet with students outside of class.

The Economics Department is located in the Julis Romo Rabinowitz (JRR) Building on Washington Road, which was dedicated in spring 2017. Post-generals graduate students are all provided office space in JRR. First- and second-year students have group offices with 12 unassigned desks in each. Prospective students can take a virtual tour of campus .

economics phd gpa requirements

Please note: The Economics Department at Princeton does not offer a Master’s Degree. Students looking for information about the Master in Finance can learn more on the Princeton Bendheim Center for Finance website .

Admissions process

All applications are processed by the Graduate Admissions Office. The application for graduate admission is available here . The deadline to submit an application is December 15.

Admission decisions will be made in early March and students will be notified of the decision via email. Those students who are offered admission will be invited to visit the department for an admitted student visiting day.

Admissions requirements

Please visit the Graduate Admissions Office website for all admissions requirements. Information about the GRE and English language testing requirements can be found here .

Admissions questions: Who to ask

Prospective students can contact the Graduate Admissions Office with questions via email or by calling 609-258-3034. When sending emails to the Graduate Admissions Office, please do not send the same email to multiple Princeton email addresses. This will only cause a delay in response time.

  • For questions regarding the Graduate School’s website, updates to an applicant’s contact information, or fee waivers, please contact [email protected] . General questions about the Graduate Admissions Office should also be directed to this address.
  • For questions regarding GMAT, GRE, IELTS and TOEFL tests, please contact [email protected] .
  • For questions regarding a submitted application, including application requirements that were not previously uploaded to that application, please contact [email protected] . Please review these tips before sending emails to this account.

For questions regarding non-degree programs, please contact [email protected] .

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The department of Economics at Harvard University is committed to seeking out and mentoring scholars who wish to pursue a rigorous and rewarding career in economic research. Our graduates are trailblazers in their fields and contribute to a diverse alumni community in both the academic and non-academic sectors. We invite you to learn more about the PhD program in Economics . Have questions about applying? Please thoroughly check the GSAS admission website before emailing us at: [email protected]

Harvard does not discriminate on the basis of race, color, sex, sexual orientation, gender identity, religion, age, national origin, political beliefs, veteran status, or disability unrelated to job or course of study requirements, and we actively  seek applicants  from historically underrepresented communities. We hope you’ll consider applying. Immigration status does not factor into decisions about admissions and financial aid. For more information, see  Undocumented at Harvard . 

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Application Requirements

  • Completed online application form (Must be completed by December 1st)
  • Statement of Purpose
  • Transcripts for all college/university degrees and courses Self-reported transcripts are accepted for both all programs at the application stage. Applicants must upload copies of his/her transcripts to the online application system. Hard copy transcripts will only be required if admitted to a program, prior to enrollment.
  • Current GRE scores
  • TOEFL or IELTS scores (non-native English speakers see details below)
  • Three letters of recommendation (at least one from an academic source). Recommendation letters must be submitted online through the online application system. 
  • Application fee 
  • Writing sample (at least 15 pages in length)

All applicants are required to take the  General Test of the Graduate Record Examination  (GRE). Test scores are valid for five years (scores must be from no earlier than January 5, 2019 for Fall 2024 admission). Applicants are, however, advised to take the exam no later than mid-November. There is no minimum test score requirement. A department code is not required for score submission. Institution Codes for PhD Programs GRE: 3451

Financial Aid

All admitted students are awarded a financial package which includes tuition, single-person health insurance, living stipend for the first two years, teaching and research assistant stipends and a completion fellowship in the final year of the program.

International Applications

Adequate command of spoken and written English is required for admission. Applicants whose native language is other than English and who do not hold a Bachelor's degree or its equivalent from an institution at which English is the language of instruction must submit  TOEFL  or IELTS scores.

TOEFL/IELTS scores are valid for two years. (scores must be from no earlier than January 5, 2022 for Fall 2024 admission). The committee prefers scores of at least 100 on the internet-based test.  Institution Codes for Toefl score reports PhD programs: 3451

Reapplicants

Applicants who applied last year are considered reapplicants. Those reapplying must submit a completely new application. The new application must include all required documents to be provided by the applicant - we will not re-use material previously submitted. These materials include an updated statement of purpose, transcripts, test score reports, updated letters of recommendation, the application fee, and any other supporting materials

Please note, Harvard University will accept no more than three applications from any one individual over the course of his/her lifetime.

Applying to more than one Program

Harvard has several PhD programs that may also be of interest to students considering applying to the PhD program in economics. These include Business Economics, Political Economy and Government, Public Policy, and Health Policy.  Many students in these programs have considerable overlap in their coursework with courses offered to PhD students in economics.   Many also have dissertation committees that include faculty members of the economics department. Please refer to the Graduate School of Arts and Sciences for applicable program deadlines.  (Deadlines have already passed for some programs this year but not for others.) We encourage those with interest in any of those programs to also apply to those programs. The economics department will make admissions decisions independently, so application to or admission to other programs will not adversely affect admissions decisions within the Economics department. If you opt to apply, please note, the Graduate School will not accept more than three applications from any individual during the course of his or her academic career. 

Application Assistance and Mentoring Program

Many students interested in an economics PhD experience disparate degrees of support in the application process. The Application Assistance and Mentoring Program (AAMP) aims to mitigate these gaps by helping students from underrepresented groups connect with a graduate student mentor in MIT or Harvard’s PhD economics programs. These mentors can provide:

• Advice on graduate school and fellowship applications, including questions about the application process and feedback on application materials.

• Information about economics research, life as a PhD student or in an academic career, for students who are deciding whether a PhD in economics is the right choice for them.

The AAMP aims to increase the pipeline of diverse talent in economics PhD programs and welcomes participation from all groups underrepresented in economics, including but not limited to: Black, Hispanic-Latinx, Native American, low-income, and LGBTQ+ students, women, students with disabilities, and students who are the first in their families to go to college. The AAMP welcomes participation among students at various stages of their economics studies, including undergraduates and college graduates. The AAMP is open to students who are curious about the academic economics experience and interested in figuring out if it’s right for them. 

Interested participants should fill out the application linked below. We will accept applications until July 17th, 2023. Mentorship will begin over the summer and continue through Fall 2023. Mentees who prefer to meet for a single “coffee chat” may indicate their preference on the form. We will do our best to match all interested applicants with a mentor; however, demand may exceed the availability of mentors.

Please note that the MIT / Harvard Economics AAMP is a volunteer-based, student-run program. This program is not considered part of the admissions process for the Economics PhD at MIT or Harvard, nor will any student's participation in the AAMP be considered by the Graduate Admissions Committee at either school.

Please direct any questions to [email protected] . To join the program, please click the link below to fill out the form.

Application Assistance and Mentoring Program Form

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Doctoral Program

The Ph.D. program is a full time program leading to a Doctoral Degree in Economics.  Students specialize in various fields within Economics by enrolling in field courses and attending field specific lunches and seminars.  Students gain economic breadth by taking additional distribution courses outside of their selected fields of interest.

General requirements

Students  are required to complete 1 quarter of teaching experience. Teaching experience includes teaching assistantships within the Economics department or another department .

University's residency requirement

135 units of full-tuition residency are required for PhD students. After that, a student should have completed all course work and must request Terminal Graduate Registration (TGR) status.

Department degree requirements and student checklist

1. core course requirement.

Required: Core Microeconomics (202-203-204) Core Macroeconomics (210-211-212) Econometrics (270-271-272).  The Business School graduate microeconomics class series may be substituted for the Econ Micro Core.  Students wishing to waive out of any of the first year core, based on previous coverage of at least 90% of the material,  must submit a waiver request to the DGS at least two weeks prior to the start of the quarter.  A separate waiver request must be submitted for each course you are requesting to waive.  The waiver request must include a transcript and a syllabus from the prior course(s) taken.  

2.  Field Requirements

Required:  Two of the Following Fields Chosen as Major Fields (click on link for specific field requirements).  Field sequences must be passed with an overall grade average of B or better.  Individual courses require a letter grade of B- or better to pass unless otherwise noted.

Research fields and field requirements :

  • Behavioral & Experimental
  • Development Economics
  • Econometric Methods with Causal Inference
  • Econometrics
  • Economic History
  • Environmental, Resource and Energy Economics
  • Industrial Organization
  • International Trade & Finance
  • Labor Economics
  • Market Design
  • Microeconomic Theory
  • Macroeconomics
  • Political Economy
  • Public Economics

3.  Distribution

Required:  Four other graduate-level courses must be completed. One of these must be from the area of economic history (unless that field has already been selected above). These courses must be distributed in such a way that at least two fields not selected above are represented.  Distribution courses must be passed with a grade of B or better.

4.  Field Seminars/Workshops

Required:  Three quarters of two different field seminars or six quarters of the same field seminar from the list below.   

310: Macroeconomics
315: Development
325: Economic History
335: Experimental/Behavioral
341: Public/Environmental
345: Labor
355: Industrial Organization
365: International Trade & Finance
370: Econometrics
391: Microeconomic Theory

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PhD Program

Year after year, our top-ranked PhD program sets the standard for graduate economics training across the country. Graduate students work closely with our world-class faculty to develop their own research and prepare to make impactful contributions to the field.

Our doctoral program enrolls 20-24 full-time students each year and students complete their degree in five to six years. Students undertake core coursework in microeconomic theory, macroeconomics, and econometrics, and are expected to complete two major and two minor fields in economics. Beyond the classroom, doctoral students work in close collaboration with faculty to develop their research capabilities, gaining hands-on experience in both theoretical and empirical projects.

How to apply

Students are admitted to the program once per year for entry in the fall. The online application opens on September 15 and closes on December 15.

Meet our students

Our PhD graduates go on to teach in leading economics departments, business schools, and schools of public policy, or pursue influential careers with organizations and businesses around the world. 

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Program Requirements

The Ph.D. program in economics provides a comprehensive structure with annual milestones and incentives to help students finish in 5 years. Students receive core education in each of microeconomics, macroeconomics, econometrics, and quantitative methods, and take qualifying exams after first year courses. In the second year, students specialize and delve into research with a second-year paper requirement. In the third year, students typically finish specializations and work more intensively on research, culminating in a third-year paper requirement. The fourth year is devoted to research and to pass the comprehensive oral exam (dissertation proposal). During the fifth year, students polish their job market paper, develop additional research papers, go on the Ph.D. job market, and work to finish their dissertation. Here are some more details.

In addition to meeting general College and University requirements, all Ph.D. students in economics complete the following requirements:

  • Mathematics and Quantitative Training: Econ 800 and Econ 816
  • Microeconomics: Econ 801 and Econ 802 
  • Macroeconomics: Econ 810 and Econ 811 
  • Econometrics: Econ 817 and Econ 818
  • Pass written qualifying exams in microeconomics and macroeconomics after first year, and demonstrate competence in econometrics (evidenced by a combined GPA of 3.0 in Econ 817 and Econ 818)
  • Specialize in two (or more) fields in economics by completing two courses in each field
  • Complete three additional elective courses
  • Pass second-year paper requirement by end of fourth semester (second year) of study
  • Pass third-year paper requirement by end of sixth semester (third year) of study
  • Pass comprehensive oral examination (dissertation proposal) by end of eighth semester (fourth year) of study. It is strongly recommended that a student pass this exam by the end of the seventh semester.
  • Pass final oral examination (dissertation defense)
  • Ph.D. students enroll in Econ 910 (in Year 3) and attend weekly department research seminars for 5 continuous semesters or until graduation (whichever is earlier)
  • Ph.D. students are required to have training in research skills and responsible scholarship pertinent to economics research. Enrollment in one semester of Econ 910 and successfully completing the third year paper requirement satisfies these requirements   

Requirements for the PhD. in Economics

The Requirements for the Ph.D. degree in Economics at the University of North Carolina at Chapel Hill, effective for the entering class of 2020, consist of successfully completing:

  • Course Requirements
  • Doctoral Written Examination
  • Doctoral Dissertation

This document describes each of these requirements in detail.

1. Course Requirements

A doctoral candidate must complete 16 Ph.D.-level courses, at least two (2) semesters of the “Dissertation Workshop” related to their Field, at least one (1) semester of the “Dissertation Completion Seminar”. The two (2) semesters of the “Dissertation Workshop” count as one of the 16 Ph.D.-level courses to be completed. [1] At least 13 of the 16 courses must be from the Economics Department unless the student’s field of specialization specifically requires additional courses from other units or the student has permission from the faculty in the field. [2] All field courses must be approved both by faculty of the relevant field and the Director of Graduate Studies (DGS). By graduate school rules, a student becomes academically ineligible to continue in the program if a student receives a grade of F, F*, XF, or nine or more hours of L in the above-mentioned courses. Academically ineligible means that the student is out of the Ph.D. program. “Out of the Ph.D. program” is the wording we will use to denote this state in the rest of the document. [3]

1.1 Courses in the Fundamentals of Economics

The courses that provide the fundamentals of economics are:

  • ECON 700 and 701: Quantitative Methods
  • ECON 710 and 711: Graduate Microeconomics
  • ECON 720 and 721: Graduate Macroeconomics
  • ECON 770 and 771: Graduate Econometrics

ECON 700 is a daily math camp offered in the first three weeks of August, and counts as a standard core course (3 credit hours).

1.2 Courses in the Fields of Specialization

Each student selects a field of specialization.

At least three (3) courses in the field of specialization are required. Current examples of field of specialization courses are available on the webpage  Field Specialization Requirements. Notice that these are only examples and new fields of specialization can be created by students under the supervision of a faculty member. The new field of specialization and the related three courses should be approved by the DGS. Examples of fields of specialization are:

  • Econometrics
  • Financial Econometrics
  • Health Economics
  • Industrial Organization
  • International/Macroeconomics
  • Labor Economics
  • Microeconomic Theory

1.3 Courses in Supporting Fields

Supporting courses are chosen by the student in consultation with the DGS and other faculty. The supporting courses may be within the specialized field or in other areas.

1.4 Additional Course Requirements

Students are required to take at least two (2) semesters of the “Dissertation Workshop” related to their Field. Dissertation Workshops are typically taken starting in the third year of the Ph.D. program. In addition, students on the job market are required to take at least one (1) semester of the “Dissertation Completion Seminar”. The Seminar is taken in fall of the final graduation year, typically the fifth or sixth year of the Ph.D. program.

1.5 How to satisfy the 16-course requirement

In general, courses offered in the Ph.D. program in the department or approved by the DGS and taken in other departments or schools count toward satisfying the 16-course requirement. But there are the following exceptions:

  • The “Dissertation Workshop” (ECON 920, 970, 985, 990) counts only ONCE even if you enroll for multiple semesters. Specifically, two (2) semesters of the “Dissertation Workshop” count as one of the 16 Ph.D.-level courses to be completed;
  • The “Seminar in Teaching Methods” (ECON 805 and 806) does NOT count;
  • The newly introduced workshop “Dissertation Completion Seminar” does NOT count.

2. Doctoral Written Examination

  Students must pass written qualifying examinations in econometrics, macroeconomics, and microeconomics. Students must also pass the field paper requirement. Passing the qualifying examinations and the field paper satisfies the Graduate School requirement for the doctoral written examination.

2.1 Qualifying Examination requirement

All students who have successfully completed the eight (8) courses in the Fundamentals of Economics described in Section 1.1 are required to take qualifying examinations in econometrics, macroeconomics, and microeconomics. These examinations are administered around the first week of June, are three hours each and are meant to test if the core knowledge necessary to successfully proceed in the program has been acquired by the student. Exact dates will be communicated in advance by the DGS. The qualifying examinations requirement is satisfied by accomplishing the following:

  • Out of the three (3) possible grades {P, L, F} (where P>L>F), obtain at least two (2) P and one (1) L over the three exams.

The exams are prepared and graded by a qualifying examinations committee nominated by the Chair and chaired by the DGS. The grades for all three exams are communicated jointly at the end of the grading process. If a student does not satisfy the criteria on the first attempt, another attempt is offered around the end of August. Exact dates will be communicated in advance by the DGS. On the second attempt, the student is required to retake the exams graded with an F and may decide to retake the exams graded with an L. For example, if a student accomplishes {P, L, F} on the first attempt, he has to retake the F and may decide to retake the L or not. As another example, if a student accomplishes {P, L, L} on the first attempt, she has to retake at least one of the two L’s but she is free to decide which one. She may also decide to retake both to diversify risk.

If a student does not satisfy the criteria on the second attempt, a third attempt is offered the following year at the same time and with the same exams administered to the new first-year Ph.D. students. The same criteria described for the second attempt apply to the third attempt. If a student does not satisfy the criteria by the third attempt, no additional chance to pass the requirement is offered and the student is out of the Ph.D. program. [4]

2.2. Field Paper requirement

The field paper requirement is satisfied by accomplishing the following steps:

  • Identify a possible advisor for the field paper. The deadline to identify a possible advisor is June 1 of the summer between the second and third year of the Ph.D. program.
  • Complete a first draft of the paper. The first draft of the paper is not a complete paper but a draft that states clearly motivation, objective and methodology. It also needs to demonstrate the student’s understanding of the relevant tools and literature in the field. The deadline to complete the first draft is the first week of classes of the third year Fall semester. During preparation of the draft, the student is expected to be in regular contact with the advisor and the advisor is expected to be responsive to the student.
  • Complete the final draft of the paper. The final draft of the paper is a self-contained draft that accomplishes a specific objective and implements a specific methodology. It does not need to be polished at the level of a paper ready for publication but it should constitute a substantial building block for a research paper and/or a dissertation chapter. The deadline to complete the final draft is the last day of examination week of the third year Fall semester. During preparation of the draft, the student is expected to be in regular contact with the advisor and the advisor is expected to be responsive to the student.

The Field Paper committee is composed of the advisor chosen in step 1 plus two (2) additional faculty members. The advisor will also be the faculty of reference to enroll in ECON 994 ‘Doctoral Research and Dissertation’, which is required for all Ph.D. students after two years in the program. The field paper committee decides if the field paper requirements are satisfied. If the field paper committee decides that the final draft of the paper is not satisfactory, the student fails the requirement and has the possibility to resubmit a final draft. The deadline for resubmission is the last day of examination week of the third year Spring semester. If the resubmission is not approved by the committee, the student is officially out of the Ph.D. program. The Field Paper committee decisions are shared with the DGS and the student in a timely manner.

3. Doctoral Dissertation

The Doctoral Dissertation requirement is satisfied by accomplishing the following steps:

  • The  doctoral oral examination , or preliminary oral examination, consists of an evaluation of the thesis prospectus. The thesis prospectus (i.e. dissertation proposal) is discussed in front of the Dissertation committee. The student must successfully complete their prospectus by the end of the fourth year in the PhD program. If the student does not meet this deadline, to remain in good standing in the program they must submit a letter to the DGS that describes the current state of their research and a plan for timely completion of their prospectus. In this case, one faculty advisor must sign-off on the student’s research plan. If the student does not complete the prospectus by the end of the fifth year, they must exit the PhD program. If the student was unable to complete the prospectus by the end of the fifth year due to extraordinary personal or academic circumstances, they may petition to remain in the program by submitting an updated research overview and plan, signed by a faculty advisor. Students who defend their prospectus after the end of the fourth year must allow for one calendar year between the prospectus defense and graduation dates; research plans should directly acknowledge this requirement.
  • The doctoral dissertation . Students work closely with members of the Dissertation committee in developing their dissertation. Consult the  Graduate School Guide to Theses and Dissertations for additional information and style requirements. Doctoral dissertations are usually completed at the end of the fifth or sixth year in the program. Overall, a student has eight (8) calendar years from the date of first registration in the doctoral program to complete the doctoral degree. [5]
  • The final oral examination, or final oral defense of the dissertation, consists of a discussion of the final dissertation in front of the Dissertation committee. The deadline for the defense with respect to graduation dates is provided by the graduate school here . At the same webpage, the Graduate School also provides additional instructions for filing for graduation.

The Dissertation committee is composed by five (5) faculty members. One of the five members is the advisor. Occasionally two faculty members may act as co-advisors. One of the five faculty members may be a scholar from outside the department or the university. If students do not pass step 1 or step 3, they have the possibility of one (1) retake at a time jointly agreed upon with the dissertation committee. If the retake is also not approved by the committee, the student is officially out of the Ph.D. program.

4. Additional Remarks

The requirements described in this document are consistent with the Graduate School requirements for a Ph.D. that can be found in the Graduate School Handbook and the Graduate Catalog . We invite students to be familiar with these requirements. In addition, students should also be aware of the general University Campus Policies , the University Policies for Research , and the Graduate School Policies on Academic Integrity and Ethics .

The expression “out of the Ph.D.” program used in the text refers to a student who cannot continue in the Ph.D. program. However, these students can appeal to be reinstated in the graduate program in order to obtain a Master’s degree. Requirements to obtain a Master’s degree are here .

[1] Additional enrollments in the workshop are expected throughout the time that a student is writing the dissertation.

[2] Credits transfer one to one from other units from outside the department. For example, a half credits/half semester course in the Economics Department at Duke transfers as half credits/half semester course at UNC.

[3] When special circumstances warrant, a student made academically ineligible under the conditions stated above may be reinstated in The Graduate School upon petition initiated through the student’s academic program. In our program, this typically means that the student can be reinstated in order to complete a terminal Master degree.

[4] A student out of the PhD program can petition to be reinstated in order to obtain a Master’s of Science in Economics. Please see here for requirements about the Master’s program.

[5] Under extenuating circumstances, a student in good academic standing may be warranted a one-year extension of the degree time limit. Please see the specific Graduate School policy available here for additional details.

Department of Economics

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Ph.D. Admissions

The ph.d. in economics.

The Ph.D. program in economics admits between 8 and 12 students per year and prepares them for a successful career in academia, government, international organizations, or the private sector. In the first year, students take classes in microeconomics, macroeconomics, and econometrics, as well as mathematical economics and economic history. In the second and third year, students take 21 credit hours of specialized classes in at least two of the following concentrations:

  • Microeconomic Theory
  • Macroeconomic Theory
  • Econometrics
  • Economic Development
  • Economic History
  • Health Economics
  • Industrial Organization
  • International Economics
  • Labor Economics
  • Money and Financial Institutions
  • Public Economics

Students can petition to combine at least two related classes to a nonstandard concentration.  

Applying to the Program

The application deadline for the Ph.D. program is January 15th for the coming fall semester. Successful applicants have strong quantitative backgrounds and a passion for research in  economics. The  application fee is $95.00 upon submission.

Please direct all Ph.D. admission inquiries to [email protected] .

Qualifications

Our incoming students usually have an undergraduate degree in economics and/or mathematics, with significant quantitative and math-intensive course experience. Many international applicants have a master’s degree. Research experience (such as an undergraduate or master’s thesis, or work as a research assistant) is a plus.  

  • Required: One year of calculus, one semester of statistics, and intermediate-level courses in microeconomic theory and macroeconomic theory.
  • Strongly recommended: Courses in linear algebra, differential equations, real analysis, and econometrics. 

Information to Submit

  • Self-reported/unofficial or official GRE scores
  • International students: self-reported/unofficial or official TOEFL or IELTS scores. This requirement will be waived for an international student with a degree from an institution in which English is the official language of instruction. Furthermore, while a TOEFL score is optional for applicants attending an English-language university in a non-English-speaking country, it can often be helpful to demonstrate command of English.
  • Unofficial transcripts
  • 3-5 letters of recommendation

Statement of Purpose

In your statement of purpose, tell us how your studies so far have prepared you for a Ph.D. program, and share what fascinates you about research in economics.  

Visiting Campus

Campus visits are offered to everyone admitted to the program. Visits consist of a half-day of individual meetings with faculty members and students, plus lunch. 

Q: What test scores do admitted candidates usually have  on the GRE?

A: Applicants often overestimate the importance of GRE scores for Ph.D. applications. The GRE tests whether you can do high school math quickly and correctly, as well as your vocabulary. Scores below a certain level (say, below 155 verbal and below 161 quantitative) tend to indicate problems, while very high scores do not necessarily guarantee that you are fully prepared for a Ph.D. program in economics.

For candidates who satisfy these thresholds, we look primarily at their preparation for a Ph.D. program in terms of how they did in the challenging courses they took in both advanced economics and math, rather than going only by their specific GRE scores.

Q: Do you have a minimum TOEFL or IELTS score?

A: Admitted international candidates tend to have a minimum TOEFL speaking score of 24 or an IELTS speaking score of 7. 

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for the Doctor of Philosophy in Economics

Students must pass comprehensive qualifying examinations on Econometrics, Macroeconomics and Microeconomics. Those who fail the comprehensive examinations will have a 2nd chance in the start of the fall semester and a 3rd chance at the end of the fourth semester (in this 3rd chance they will take the exams with the first year students of the next cohort). Students who have failed the 3rd chance will not be allowed to register for the following year. Upon meeting course and GPA requirements, they will be eligible to receive a master’s degree in Economics, provided they have not previously received such a degree from another institution.

Candidates must also successfully complete two fields through coursework and/or a written examination. A research paper must be submitted prior to the start of the third year and approved prior to the end of that year. Students who fail to meet these deadlines will have reduced financial support and be placed on academic probation. Unless they return to good standing by satisfying the requirement, they will be dropped from the program at the end of the following semester.

A dissertation is also required. In addition, candidates are required to give an oral defense of the dissertation proposal and pass an oral final examination covering the research. A student with an appropriate background who devotes full time to graduate work can complete the Ph.D. degree in four years beyond the bachelor's degree. An additional year or more is usually necessary, especially for those holding part-time assistantships. Students in the Ph.D. program may earn a master's degree as they work toward the Ph.D. degree.

The candidate for a Ph.D. may specialize in the following fields:

  • microeconomic theory
  • public economics
  • macroeconomic theory
  • international economics
  • labor economics
  • development economics
  • mathematical economics
  • econometrics
  • industrial organization

Admission Admission to the Ph.D. program is available only for the fall semester. In addition to the standard undergraduate preparation in economics, students are expected to have had at least two semesters of calculus and one of linear algebra to be admitted to the Ph.D. program. The results of the Graduate Record Examination (GRE) should accompany applications for admission. Graduate College admission requirements apply. In addition, international students must submit Test of English as a Foreign Language (TOEFL) or IELTS results; if they wish to apply for a teaching assistantship, the Test of Spoken English (TSE) or completion of the speaking section of the TOEFL-iBT or IELTS is also required.

Graduate Teaching Experience Experience in teaching is considered an important part of the graduate program and is encouraged as part of the academic work of all Ph.D. candidates in this program.

Financial Aid In recent years, the Department of Economics has been able to offer assistantships to most students who meet the standards for admission or continuation in the Ph.D. program. In order to qualify for a teaching assistantship, non-native speakers of English must pass a speaking proficiency test of the English language.

Optional: A not-for-credit Math Camp after campus orientation, consisting of 12 hours of instruction. The aim of the Math Camp is to prepare students with no master’s level coursework in mathematical economics for the program’s first year classes. However, it will be open to all incoming students.

Additional information can be found on our program website .

For additional details and requirements refer to the department's  graduate programs  and the  Graduate College Handbook .

Entering with approved B.S./B.A. degree

Course List
Code Title Hours
Macroeconomic theory8
Microeconomic theory8
Statistics and econometrics8
Field electives24
Workshop and research seminar16
Thesis Research (min/max applied toward degree)32
Total Hours96

Other Requirements

Grad Other Degree Requirements
Requirement Description
Other Requirements may overlap
Research paper must be submitted before the start of the third year of study and be approved by the end of the third year.
Master's Degree Required for Admission to Ph.D.? No
Qualifying Exam Required Yes
Preliminary Exam Required Yes
Final Exam/Dissertation Defense Required Yes
Dissertation Deposit Required Yes
Minimum GPA: 3.0

Entering with approved M.S./M.A. degree

Course List
Code Title Hours
Field electives24
Workshop and research seminar16
Thesis Research (min/max applied toward degree)32
Total Hours72

 Other Requirements

Grad Other Degree Requirements
Requirement Description
Other Requirements may overlap
Research paper must be submitted before the start of the third year of study and be approved by the end of the third year.
Master's Degree Required for Admission to Ph.D.? Yes
Qualifying Exam Required Yes
Preliminary Exam Required Yes
Final Exam/Dissertation Defense Required Yes
Dissertation Deposit Required Yes
Minimum GPA: 3.0
  • Research Skills: The main objective of the program is to train students to become independent researchers, who are able to produce high-quality research for both academic and non-academic settings. This requires students to learn how to identify interesting questions, find creative solutions, and learn how to present the results of their work to the scientific community. 
  • Analytical Skills: We want to make sure that students have all the mathematical and statistical tools necessary for their future careers. This includes a solid foundation in the core areas of Economics: Microeconomics, Macroeconomics, and Econometrics.
  • Problem Solving Skills: We want to teach students how to solve complex problems, by applying the technical tools that they have acquired, and by identifying and correctly using data sources. 
  • Expertise in a Student’s Field of Research: Students need to acquire a solid foundation in their chosen field of research. They should be familiar with the key past and present contributions in their area.
  • Presentation and Writing Skills: To be successful in the program and their future career, students must successfully present their work both in seminars and in written form. 

for the Doctor of Philosophy in Economics  

Graduate Degree Programs in Economics

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  • Economics: Policy Economics, MS

Economics Department Head of the Department: George Deltas Associate Head: Seung-Hyun Hong Economics Department website 214 David Kinley Hall, 1407 W. Gregory Dr., Urbana, IL 61801 (217) 333-0120, fax: (217) 244-6571 Economics email

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Department of Economics | Columbian College of Arts & Sciences

Producing about 10 graduates each year, the PhD in Economics program is a close community of scholars from around the world. Coursework ranges from microeconomics, macroeconomics and econometrics to the economics of industry and labor.

PhD students engage in research with faculty as research assistants and publish their own work in respected journals including Economics Letters , Journal of Macroeconomics and European Economic Review . 

The PhD in Economics is a U.S. Department of Homeland Security STEM-designated degree program.

Dissertation Guidelines

PhDs on the Job Market

"I greatly benefitted from the doctoral program at GW, both as an economist and as a researcher. The program played an instrumental role in advancing my understanding of economic theory and empirical methodologies, cultivating my research interests and honing my ability to apply these skills in real-world settings. I now work as a development economist at a multilateral organization, where I conduct research on topics like inequality, unemployment, property rights and social protection and contribute to evidence-based policy making."

Abhilasha Sahay PhD '20

Program Timeline

The program is divided into two stages:

  • Pre-candidacy stage: The student completes coursework and general examinations in microeconomic and macroeconomic theory as well as a research paper proposal. 
  • Candidacy stage: The student participates in a dissertation seminar, completes the written dissertation and conducts an oral defense.

The PhD program is offered primarily on a full-time basis, and students are expected to complete the degree in five to six years. Occasionally, the department will admit highly qualified part-time doctoral students.

View detailed year-by-year timeline of program rules and requirements .

Degree Along the Way Options

Students in the PhD program can earn either a Master of Science (MS) in Economics or a Master of Philosophy (MPhil) in Economics degree while pursuing the PhD degree.

Students in good standing may apply for the MS once they have completed the 30 required credits: ECON 8301, 8305 and 8375; two courses chosen from 8302, 8306 and 8376; and five 8000-level economics courses. Students may apply for the MPhil degree after they have successfully entered Candidacy.

Degree Along the Way Application

Course Requirements 

The general requirements stated under  Columbian College of Arts and Sciences, Graduate Programs .

The requirements for the  Doctor of Philosophy Program .

Pre-candidacy requirements

Pre-candidacy requirements include satisfactory completion of 48 credits, including 18 credits in required courses and 30 credits in elective courses. Students must also earn a grade of Pass or Pass with Distinction on each part of the general examination, as outlined below.

Course List
Code Title Credits
Required
Core theory and econometrics courses
Microeconomic Theory I
Microeconomic Theory II
Macroeconomic Theory I
Macroeconomic Theory II
Econometrics I
Econometrics II
Research development course
Paper Proposal Seminar (does not count toward the 48 credits of required and elective courses necessary for the degree)
Electives
Students must complete 30 credits in 8000-level or approved 6000-level courses. At least 21 of these credits should be 8000-level ECON courses. Research credits such as those taken in or do not count as elective credits in pre-candidacy, nor does . does count toward the 30 elective credits but not toward the 21 required 8000-level ECON elective credits.
In cases where knowledge outside the discipline of economics or outside Department of Economics (ECON) course offerings is critical to the student's research field, students may take up to 6 credits in pre-candidacy coursework outside the department, with departmental approval. In exceptional circumstances, a student may take 9 such credits, with departmental approval.
Program option selection and curriculum requirements
By the end of August in the second year, students should indicate whether they are selecting the microeconomics option or the macroeconomics option. Subsequently, students must complete at least 12 elective credits in the following courses, corresponding to their chosen option
Course List
Code Title Credits
Macroeconomics courses
Macroeconomic Theory III
Monetary Theory and Policy I
Monetary Theory and Policy II
Environmental Economics
Econometrics III
Economic Forecasting
Laboratory in Applied Econometrics
International Trade Theory
International Finance and Open-Economy Macroeconomics
International Financial Markets
Advanced Special Topics
Microeconomics courses
Microeconomic Theory III
Environmental Economics
Labor Economics I
Labor Economics II
Industrial Organization I
Industrial Organization II
Development Economics I
Development Economics II
Regional Economics
Urban Economics
Public Finance I
Public Finance II
Econometrics III
Laboratory in Applied Econometrics
International Trade Theory
International Financial Markets
Advanced Special Topics

General Examination

The general examination has three parts: two preliminary examinations taken in the first year—one in microeconomic theory and one in macroeconomic theory—and a research paper due in the sixth semester. To pass the general examination, students must earn a grade of  Pass  or  Pass with Distinction  on both preliminary examinations and on the research paper.

Students who earn a GPA of 3.0 or above in the microeconomic theory course sequence ( ECON 8301 and ECON 8302 ) are considered to have earned a grade of Pass on the preliminary examination in microeconomic theory; students who earn a GPA of 3.0 or above in the macroeconomic theory course sequence ( ECON 8305 and ECON 8306 ) are considered to have earned a grade of Pass on the preliminary examination in macroeconomic theory. Other students must sit the preliminary examinations at the end of the first year.

Students who do not earn a grade of Pass or Pass with Distinction on both preliminary examinations may, with departmental approval, retake one or both examinations before the start of the following semester. Both preliminary examinations must be passed by the second attempt.

Students are also required to earn a grade of Pass or Pass with Distinction on the research paper, which constitutes the second half of the general examination. Students must submit the research paper and deliver a presentation of the content to at least two faculty members for evaluation by the end of their sixth semester in the program. (Part-time students may submit the research paper later, subject to departmental approval.) Students who do not pass the research paper by the end of the sixth semester will receive an academic warning and must pass it by the end of the following semester.

Post-candidacy requirements

Post-candidacy requirements include successful completion of 24 credits at the 8000 level, the formulation of a dissertation proposal, a formal presentation of the proposal by the student to a prospective dissertation committee for approval (where approval of the proposal formalizes the creation of the dissertation committee), and completion of a dissertation that demonstrates the candidate's ability to do original research as determined by the dissertation committee.

Students should successfully defend the dissertation proposal by the end of the eighth semester in the program. Students who do not successfully defend the dissertation proposal by the deadline will receive an academic warning and must successfully defend the proposal by the end of the following semester. Part-time students may defend later, subject to departmental approval.

The 24 credits must include a minimum of 6 credits in  ECON 8999 Dissertation Research .

Once a student successfully completes the 72 credits required for the program, they must register for 1 credit in  CCAS 0940 Continuing Research - Doctoral each subsequent fall and spring semester until they have successfully defended their dissertation to the dissertation oral examination committee, thereby completing the degree program.

Students may apply for the master of philosophy (MPhil) degree after successfully defending a dissertation proposal.

Time limits

The pre-candidacy stage must be concluded within six semesters of matriculation in the program; part-time students may conclude the pre-candidacy stage within ten semesters of matriculation, subject to departmental approval. Upon successful completion of pre-candidacy, students are considered for admission to candidacy, i.e., the dissertation stage. The dissertation stage must be completed within five years of entry into candidacy, or within eight years of matriculation in the program, whichever comes first.

PhD in Economics

economics phd gpa requirements

PhD students take 16 courses, roughly half of which are spent acquiring the core analytic tools of the profession (microeconomics, macroeconomics, and quantitative methods), with the balance spent applying those tools in particular fields of specialization. All PhD students must complete a doctoral dissertation (thesis).

The PhD in Economics is a STEM designated degree program.

View the complete PhD Rules here

Program Requirements

Doctoral students must complete a minimum of 16 semester courses (64 credits). They are required to successfully complete the core courses by the end of the first year.

Theory and Quantitative Core Requirements

These core courses must be passed by the end of the first year with a grade of at least B- in each course.

  • EC 701 Advanced Microeconomics I (4 credits)
  • EC 702 Advanced Macroeconomics I (4 credits)
  • EC 703 Advanced Microeconomics II (4 credits)
  • EC 704 Advanced Macroeconomics II (4 credits)
  • EC 707 Advanced Statistics for Economists (4 credits)
  • EC 708 Advanced Econometrics I (4 credits)

Students must also take EC 705 Mathematical Economics in the first semester, unless a waiver is granted, and EC 709 Advanced Econometrics II (4 credits) in the third semester.

In addition, students must pass a qualifying examination in both microeconomics and macroeconomics. Students have at most three opportunities to take the qualifying examinations; failing may result in termination from the PhD program.

Field Requirements

All students must pass 2 2-course fields, each with a minimum grade average of B.

In addition, students must take at least 2 other courses. The following fields are generally offered each year:

  • Development
  • Econometrics
  • Economic Theory
  • Empirical Finance
  • Financial Econometrics
  • Industrial Organization
  • International Economics
  • Labor Economics
  • Money/Macroeconomics
  • Public Economics

GPA Requirements

All courses must be passed with a grade of B– or higher. An overall grade point average (GPA) of 3.0 must be attained in all courses taken after enrollment in the Graduate School of Arts & Sciences.

Time Requirement

The PhD program is designed so that a typical student can complete all requirements within 5 to 6 years. International students may be subject to additional restrictions imposed by the terms of their visas, as governed by the International Students & Scholars Office (ISSO).

Students are expected to meet the following milestones each year:

By the end of the 1st year:

  • Finish and pass all core first-year courses, as well as EC 705 (unless exempted through placement exam).
  • Sit for the first attempt at the micro and macro qualifying exams in June. The second attempt, if necessary, is in August.

By the end of the 2nd year:

  • Pass EC 709, a required course in Advanced Econometrics.
  • Continue and, if possible, complete remaining coursework, including a two-course sequence in each of two fields. A B average (3.0) is required in each of the field course sequence.
  • Achieve an overall GPA of at least 3.0.
  • If both qualifiers are not passed, the third and final attempt is in June of the second year.
  • Each student must prepare a research paper during the second year and the following summer. By April 1 of the second year, the student must ask a faculty member to serve as an advisor on this paper; have this faculty member agree to serve in this manner; and inform the DGS of the topic of the paper and the advisor’s name. The paper is due in the third year as described below.

By the end of the 3rd year:

  • Submit the second-year paper by October 1. By October 15, the faculty advisor must provide (i) a grade for the paper; and (ii) a brief written evaluation the paper. These documents will be sent to the DGS and the student. A student must receive a passing grade on the research paper.
  • Complete all coursework with GPA of at least 3.0.
  • Continue work on research for the dissertation.
  • Attend and present at least annually in one of the research workshops until completion of all degree requirements.

Years 4, 5, and (if necessary) 6:

  • Student carries out thesis research, defending the thesis no later than the end of the sixth year.

Dissertation

Under the supervision of two faculty advisers, a student prepares a dissertation proposal for presentation at a proposal seminar. If the proposal is approved, the student proceeds to research and write the dissertation. When the dissertation is completed, the student must defend it at a final oral examination. The Graduate School of Arts & Sciences requires that the dissertation be completed within seven years of initial enrollment in the program.

For more details, view the complete PhD Rules here and check out our past PhD Placements here .

economics phd gpa requirements

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The complete guide to getting into an economics PhD program

The math is easier than you might think.

Back in May, Noah wrote about the amazingly good deal that is the PhD in economics. Why? Because:

  • You get a job.
  • You get autonomy.
  • You get intellectual fulfillment.
  • The risk is low.
  • Unlike an MBA, law, or medical degree, you don’t have to worry about paying the sticker price for an econ PhD:  After the first year, most schools will give you teaching assistant positions that will pay for the next several years of graduate study, and some schools will take care of your tuition and expenses even in the first year. (See Miles’s companion post  for more about costs of graduate study and how econ PhD’s future earnings makes it worthwhile, even if you can’t get a full ride.)

Of course, such a good deal won’t last long now that the story is out, so you need to act fast! Since he wrote his post , Noah has received a large number of emails asking the obvious follow-up question: “How do I get into an econ PhD program?” And Miles has been asked the same thing many times by undergraduates and other students at the University of Michigan. So here, we present together our guide for how to break into the academic Elysium called Econ PhD Land:

(Note: This guide is mainly directed toward native English speakers, or those from countries whose graduate students are typically fluent in English, such as India and most European countries. Almost all highly-ranked graduate programs teach economics in English, and we find that students learn the subtle non-mathematical skills in economics better if English is second nature. If your nationality will make admissions committees wonder about your English skills, you can either get your bachelor’s degree at a—possibly foreign—college or university where almost all classes are taught in English, or you will have to compensate by being better on other dimensions. On the bright side, if you are a native English speaker, or from a country whose graduate students are typically fluent in English, you are already ahead in your quest to get into an economics PhD.)

Here is the not-very-surprising list of things that will help you get into a good econ PhD program:

  • good grades, especially in whatever math and economics classes you take,
  • a good score on the math GRE,
  • some math classes and a statistics class on your transcript,
  • research experience, and definitely at least one letter of recommendation from a researcher,
  • a demonstrable interest in the field of economics.

Chances are, if you’re asking for advice, you probably feel unprepared in one of two ways. Either you don’t have a sterling math background, or you have quantitative skills but are new to the field of econ. Fortunately, we have advice for both types of applicant.

If you’re weak in math…

Fortunately, if you’re weak in math, we have good news:  Math is something you can learn . That may sound like a crazy claim to most Americans, who are raised to believe that math ability is in the genes. It may even sound like arrogance coming from two people who have never had to struggle with math. But we’ve both taught people math for many years, and we really believe that it’s true. Genes help a bit, but math is like a foreign language or a sport: effort will result in skill.

Here are the math classes you absolutely should take to get into a good econ program:

  • Linear algebra
  • Multivariable calculus

Here are the classes you should take, but can probably get away with studying on your own:

  • Ordinary differential equations
  • Real analysis

Linear algebra (matrices, vectors, and all that) is something that you’ll use all the time in econ, especially when doing work on a computer. Multivariable calculus also will be used a lot. And stats of course is absolutely key to almost everything economists do. Differential equations are something you will use once in a while. And real analysis—by far the hardest subject of the five—is something that you will probably never use in real econ research, but which the economics field has decided to use as a sort of general intelligence signaling device.

If you took some math classes but didn’t do very well, don’t worry.  Retake the classes . If you are worried about how that will look on your transcript, take the class the first time “off the books” at a different college (many community colleges have calculus classes) or online. Or if you have already gotten a bad grade, take it a second time off the books and then a third time for your transcript. If you work hard, every time you take the class you’ll do better. You will learn the math and be able to prove it by the grade you get. Not only will this help you get into an econ PhD program, once you get in, you’ll breeze through parts of grad school that would otherwise be agony.

Here’s another useful tip:  Get a book and study math on your own before taking the corresponding class for a grade. Reading math on your own is something you’re going to have to get used to doing in grad school anyway (especially during your dissertation!), so it’s good to get used to it now. Beyond course-related books, you can either pick up a subject-specific book (Miles learned much of his math from studying books in the Schaum’s outline series ), or get a “math for economists” book; regarding the latter, Miles recommends Mathematics for Economists  by Simon and Blume, while Noah swears by Mathematical Methods and Models for Economists  by de la Fuente. When you study on your own, the most important thing is to  work through a bunch of problems . That will give you practice for test-taking, and will be more interesting than just reading through derivations.

This will take some time, of course. That’s OK. That’s what summer is for (right?). If you’re late in your college career, you can always take a fifth year, do a gap year, etc.

When you get to grad school, you will have to take an intensive math course called “math camp” that will take up a good part of your summer. For how to get through math camp itself, see this guide by Jérémie Cohen-Setton .

One more piece of advice for the math-challenged:  Be a research assistant on something non-mathy . There are lots of economists doing relatively simple empirical work that requires only some basic statistics knowledge and the ability to use software like Stata. There are more and more experimental economists around, who are always looking for research assistants. Go find a prof and get involved! (If you are still in high school or otherwise haven’t yet chosen a college, you might want to choose one where some of the professors do experiments and so need research assistants—something that is easy to figure out by studying professors’ websites carefully, or by asking about it when you visit the college.)

If you’re new to econ…

If you’re a disillusioned physicist, a bored biostatistician, or a neuroscientist looking to escape that evil  Principal Investigator, don’t worry:  An econ background is not necessary . A lot of the best economists started out in other fields, while a lot of undergrad econ majors are headed for MBAs or jobs in banks. Econ PhD programs know this. They will probably not mind if you have never taken an econ class.

That said, you may still want to  take an econ class , just to verify that you actually like the subject, to start thinking about econ, and to prepare yourself for the concepts you’ll encounter. If you feel like doing this, you can probably skip Econ 101 and 102, and head straight for an Intermediate Micro or Intermediate Macro class.

Another good thing is to  read through an econ textbook . Although economics at the PhD level is mostly about the math and statistics and computer modeling (hopefully getting back to the real world somewhere along the way when you do your own research), you may also want to get the flavor of the less mathy parts of economics from one of the well-written lower-level textbooks (either one by Paul Krugman and Robin Wells , Greg Mankiw , or Tyler Cowen and Alex Tabarrok ) and maybe one at a bit higher level as well, such as David Weil’s excellent book on economic growth ) or Varian’s Intermediate Microeconomics .

Remember to take a statistics class , if you haven’t already. Some technical fields don’t require statistics, so you may have missed this one. But to econ PhD programs, this will be a gaping hole in your resume. Go take stats!

One more thing you can do is research with an economist . Fortunately, economists are generally extremely welcoming to undergrad RAs from outside econ, who often bring extra skills. You’ll get great experience working with data if you don’t have it already. It’ll help you come up with some research ideas to put in your application essays. And of course you’ll get another all-important letter of recommendation.

And now for…

General tips for everyone

Here is the most important tip for everyone:  Don’t just apply to “top” schools . For some degrees—an MBA for example—people question whether it’s worthwhile to go to a non-top school. But for econ departments, there’s no question. Both Miles and Noah have marveled at the number of smart people working at non-top schools. That includes some well-known bloggers, by the way—Tyler Cowen teaches at George Mason University (ranked 64th ), Mark Thoma teaches at the University of Oregon (ranked 56th ), and Scott Sumner teaches at Bentley, for example. Additionally, a flood of new international students is expanding the supply of quality students. That means that the number of high-quality schools is increasing; tomorrow’s top 20 will be like today’s top 10, and tomorrow’s top 100 will be like today’s top 50.

Apply to schools outside of the top 20—any school in the top 100 is worth considering, especially if it is strong in areas you are interested in. If your classmates aren’t as elite as you would like, that just means that you will get more attention from the professors, who almost all came out of top programs themselves. When Noah said in his earlier post that econ PhD students are virtually guaranteed to get jobs in an econ-related field, that applied to schools far down in the ranking. Everyone participates in the legendary centrally managed econ job market . Very few people ever fall through the cracks.

Next—and this should go without saying— don’t be afraid to retake the GRE . If you want to get into a top 10 school, you probably need a perfect or near-perfect score on the math portion of the GRE. For schools lower down the rankings, a good GRE math score is still important. Fortunately, the GRE math section is relatively simple to study for—there are only a finite number of topics covered, and with a little work you can “overlearn” all of them, so you can do them even under time pressure and when you are nervous. In any case, you can keep retaking the test until you get a good score (especially if the early tries are practice tests from the GRE prep books and prep software), and then you’re OK!

Here’s one thing that may surprise you: Getting an econ master’s degree alone won’t help . Although master’s degrees in economics are common among international students who apply to econ PhD programs, American applicants do just fine without a master’s degree on their record. If you want that extra diploma, realize that once you are in a PhD program, you will get a master’s degree automatically after two years. And if you end up dropping out of the PhD program, that master’s degree will be worth more than a stand-alone master’s would. The one reason to get a master’s degree is if it can help you remedy a big deficiency in your record, say not having taken enough math or stats classes, not having taken any econ classes, or not having been able to get anyone whose name admissions committees would recognize to write you a letter of recommendation.

For getting into grad school, much more valuable than a master’s is a stint as a research assistant in the Federal Reserve System or at a think tank —though these days, such positions can often be as hard to get into as a PhD program!

Finally—and if you’re reading this, chances are you’re already doing this— read some econ blogs . (See Miles’s speculations about the future of the econ blogosphere here .) Econ blogs are no substitute for econ classes, but they’re a great complement. Blogs are good for picking up the lingo of academic economists, and learning to think like an economist. Don’t be afraid to  write  a blog either, even if no one ever reads it (you don’t have to be writing at the same level as Evan Soltas or Yichuan Wang );  you can still put it on your CV, or just practice writing down your thoughts. And when you write your dissertation, and do research later on in your career, you are going to have to think for yourself outside the context of a class . One way to practice thinking critically is by critiquing others’ blog posts, at least in your head.

Anyway, if you want to have intellectual stimulation and good work-life balance, and a near-guarantee of a well-paying job in your field of interest, an econ PhD could be just the thing for you. Don’t be scared of the math and the jargon. We’d love to have you.

Update:  Miles’s colleague Jeff Smith at the University of Michigan amplifies many of the things we say on his blog.  For a  complete  guide, be sure to see what Jeff has to say, too.

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Department of Economics

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PhD Program Overview

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The PhD Program

A Letter from the Director of Graduate Studies test

Thank you for your interest in our PhD program.  (Please note: UVa does not offer a terminal M.A. degree in economics. The AEA provides a  list of U.S. programs in economics for those seeking a master's degree.)

The Economics Department is one of over 30 programs within the  Graduate School of Arts and Sciences . The Ph.D. program in Economics provides training for careers in both teaching and research by emphasizing theory, quantitative methods, and early involvement in research.

The success of the program is reflected in our graduates'  job placements , which include highly ranked universities, such as Chicago, Columbia, UCLA, Cornell, Penn State, as well as excellent undergraduate institutions, such as Carleton and Brandeis. In a recent survey, UVA ranked fourteenth among graduate programs in academic placement. Many students also find summer or permanent employment in the nearby Washington area, e.g., at the International Monetary Fund, the World Bank, the Federal Reserve Board of Governors, the Federal Trade Commission, and the Congressional Budget Office.

About twenty students enter our program each year. At any given time there are approximately 80-90 students in residence. Classes are small and students are able to work closely with faculty. Graduate students are provided with two computer labs, both equipped with up-to-date PCs and a wide selection of software.

In addition to taking the core courses in microeconomics, macroeconomics, and econometrics, doctoral students choose two fields of specialization from: Industrial Organization, International Economics, Macroeconomics, Public Economics, Econometrics, Theory, Development, and Labor. Virtually all graded courses can be completed by the end of the second year, so that students can begin dissertation research at an early stage (in the summer after the second year).

During the third and fourth years, students are active in one or more of the regularly scheduled workshops: Theory, Applied Microeconomics, Macroeconomics, Public Economics, Econometrics, Development, and International Economics.

Applications and all credentials must be submitted through the Graduate School of Arts and Sciences'  online application . The non-refundable application fee must be paid online via credit card. If you are eligible for an application fee waiver, please contact the Graduate School when you are ready to apply. The School's Dean of Admissions may waive the fee to members of certain  organizations . However, you should contact me directly if you think that your application may arrive later than the January 15th deadline.

All students who are admitted are offered the same aid package. Financial need will not affect your chances for admission.

Financial assistance to students admitted for Fall 2020 includes $30,000 per year ($24,000 during the academic year, and $6,000 during the summer), along with full tuition remission, and health insurance coverage. The offer is guaranteed for 5 years, conditional on maintaining good standing in the program. Full details are available in the  Financial Aid  section of our admission instructions.

In addition, the Graduate School administers a competitive fellowship program to support a sixth year of study for doctoral students who are poised to complete distinguished dissertations and enter the job market. In 2016-17, twenty-five such fellowships will be offered, and the Graduate School plans to increase this number significantly in the coming years.

Your application and all supporting documents should reach the Graduate Admissions Office by January 15. (We admit students only for the fall semester.) Please note that you will need to present scores from the Graduate Record Examinations (GRE), but the advanced test in economics is not required. Complete details on our admission requirements are provided in the  Admission  section of this web site. If your question is not answered in the following pages, please e-mail Kristina Johnson , the Graduate Program Coordinator.

James Harrigan , Director of Graduate Studies

Ph.D. Admissions

The priority admissions deadline for the Ph.D. program beginning in the Fall semester starting in August is Feb. 1. All applications received after this date will be considered on a rolling and space-available admissions basis through April 30 of each year.

Requirements for Admission

All applicants must submit:

  • The online Graduate Studies application
  • GRE scores (GRE Institute code: R5248) - please note that the GMAT will not be accepted
  • Georgia Tech requires that all applicants demonstrate proof of English language proficiency  
  • Official transcripts for all universities attended
  • Letters of recommendation

Please make sure that all details are filled out as requested on the Graduate Admissions website. This will avoid any delays or problems in processing your application.

Our admissions committee will look at all aspects of the application in order to determine an admissions decision.  The size of the entering class is flexible and will vary across the years. A 3.0 GPA (or U.S. equivalent) minimum is highly suggested for students applying to the program, but all applications will be given due consideration. Similarly, while there is no set GRE minimum score, a quantitative score of at least 160 or higher is strongly preferred. Please note: Attaining these scores (or below or above these scores) does NOT guarantee admission to the program.

Cohorts are admitted and begin their coursework each fall. Our program allows Fall admissions only. The deadline for applications to begin each year is Feb. 1 prior to the August start date.  Applications will be reviewed after the final deadline.

Important : International students need to apply much earlier, as the processing of the I-20 forms by the Georgia Institute of Technology, and subsequent visa processing in the home country, takes a fair amount of time.  In order to ensure that all documents are processed in time, we highly recommend that international students complete the application process no later than October prior to the August start date.

Funding Sources

Most full-time Ph.D. students in Economics are supported either by teaching assistantships or by research assistantships. Both forms of support cover resident tuition and most fees and, also provide a base stipend of $2,500 per month for Fall and Spring semesters (nine months). The assistantship terms require that students devote approximately 20 hours a week to assistantship tasks. Students may also receive summer funding in the form of an assistantship for up to $2,500 per month. Over 70 percent of full-time students are currently funded via an assistantship, the rest are funded via various fellowships or self-funded.

In addition, a select number of entering and continuing students receive fellowships that increase their level of financial support beyond the base stipend. The terms and conditions of these fellowships vary. Some supplement assistantships, while others release the student from assistantship duties for one or more years.

All applicants who plan to enroll full-time have to indicate on their application if they would like to be considered for a graduate teaching assistantship.

The continuation of the financial support beyond the first year of studies is contingent on the student's performance in the program and the availability of funds.

Additional information about Graduate Assistantships, fellowships, loans, and off-campus employment options is available on the Office of Graduate Studies site.

Tuition Costs

For detailed information about current tuition costs, fees, and deadlines to submit payments, visit the Office of the Bursar. International students should refer to the Office of International Education website for the estimated cost of attendance that must be demonstrated to be eligible for an immigration form I-20 or DS-2019 to be issued. 

Ph.D. student placement and career resources

Graduates from the School of Economics Ph.D. program choose careers in academics, government, and the private sector, with a focus on consulting and finance. A sample of recent offers in academics is listed below, as well as the placements into government and the private sector since the program’s first graduates in 2015. 

  • Academic offers in the U.S. and Canada : Allegheny College (tenure track), Arizona State University (post-doc), Clarkson University (tenure track), College of Wooster (tenure track), Georgia Tech (tenure-track), Illinois College (tenure-track), Harvard University (post-doc), University of British Columbia (post-doc), University of Texas, Rio Grande (tenure-track), University of Virginia (visiting faculty), Wayne State University (lecturer), and Widener University (tenure-track).
  • International academic offers : Beijing Normal University (tenure track), Hunan University (tenure-track), Shanghai Finance University (tenure track), Shanghai International Studies University (tenure track), Shiv Nadar University (India, tenure track), University of International Business and Economics (China, tenure track)
  • Government : the Centers for Disease Control (CDC), Oak Ridge National Laboratory (post-doc), US Bureau of Economic Analysis, US Census Bureau, and the US Food and Drug Administration.
  • Private sector : Cadmus Group, Citibank, First Horizons Bank, Intercontinental Hotel Group, RBC Insurance, SunTrust Bank (now Truist Bank), and Wells Fargo.

Please refer to the Jobs for Economists Network by the American Economic Association to research job opportunities for Ph.D.-trained economists and career paths within and outside of academia.

Student acceptance rate and demographics

For details on the admissions, acceptance rate, and demographic characteristics of the students please use Georgia Tech LITE and enter search terms for Doctor of Philosophy at the School of Economics, Ivan Allen College.

Time to degree

The Ph.D. program in Economics is designed to be completed within five academic years. See more information in the  Requirements for the Doctoral Degree in the Georgia Tech Course Catalog.

How to Apply to the PhD Program

The next admission cycle is for Fall 2025, with the application portal opening on September 1. The deadline for applying is Thursday, December 12, 2024 .

We do not have a master's program in economics.

Apply to the Economics PhD program at choose.umn.edu/apply .

Basic Requirements for Admission

Our PhD program basic standards and requirements for admission are:

  • A grade-point average of 3.5 on a 4.0 scale or an academic rank in the top 5% of your class.
  • A score in the 80th percentile or higher on the quantitative portion of the GRE general exam. This requirement applies to both the old and new versions of the exam.
  • For students who are not native speakers of English, a minimum score of 100 on the TOEFL iBT, or 7.0 on the IELTS. a minimum score of 100 on the TOEFL iBT, or 7.0 on the IELTS. Students who have at least four years of funding from a third party may be admitted with a TOEFL score of 79 on the ibT or an IELTS score of 6.5. Test scores are valid within 2 years of program start (September); so a TOEFL or IELTS exam date earlier than September 2023 will have to be retaken for a Fall 2025 admission.
  • Coursework in multivariate calculus and linear algebra.
  • For the full list of application requirements, please review the Application Checklist page .

Every year we receive far more applications from students who meet these standards than we can admit, so we use additional criteria to evaluate the applications. These criteria include courses taken and texts studied, letters of recommendation, research papers and other professional activities, and academic honors. The admissions committee will also look for evidence that the applicant has been exposed to economic theory beyond the intermediate undergraduate level. This introduction may come through a course called advanced economic theory, mathematical economics, game theory, or mathematics for economists.

It is recommended that students take more than just the mathematical prerequisite classes, as more experience in analysis, differential equations, optimization, topology, probability, or measure theory will help your graduate study immensely.

TOEFL Waivers

The TOEFL may be waived for admission if the applicant has completed secondary school education or at least 16 credits of college-level work at a university/college from a country on this list within 24 months of the desired date of admission. If you are admitted and are offered a teaching assistantship, you will need to take the Spoken English Test for Teaching Assistants  (SETTA).

If you have questions about applying to the Economics Doctoral Program, please contact the Economics Graduate Studies Office at  [email protected] .  Please do not write to individual professors with transcripts or resumes.  Your credentials cannot be evaluated without a formal application.

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Preparing for a PhD in Economics

The minimum requirements of the Economics undergraduate major are not designed to be training for doctoral economics programs. Students who plan to continue their education should take more quantitative courses than the minimum required for the major. Preparation should start early in your undergraduate education. In addition to the information below, we recommend visiting the Career Center and the Career Library for additional graduate school planning resources.

Students who plan on going on to graduate school should participate in research as an undergraduate, and plan on writing an honors thesis during their senior year. NOTE: For students who completed P/NP courses in 2020-2021, we recommend reviewing this statement from the Council of Deans which reaffirms UC Berkeley's Graduate Division committment to a holistic review.

Course recommendations

  • Math 53 and Math 54 (multivariable calculus and linear algebra)
  • Economics 101A-B, the quantitative theory sequence
  • Economics 141, the more quantitative econometrics course
  • Additional math and statistics courses (linear algebra, real analysis, probability, etc.)
  • Additional economics courses that emphasize theory and quantitative methods, such as Economics 103, 104, and 142.

Upper-division math and statistics courses for those who are adequately prepared (in order of importance)

  • Math 110, Linear Algebra
  • Math 104, Introduction to Analysis
  • Stat 134, Concepts of Probability
  • Stat 150, Stochastic Processes
  • Math 105, Second Course of Analysis
  • Math 170, Mathematical Methods of Optimization
  • Stat 102/Stat 135, Linear modeling Theory and Applications
  • Stat 151A, Statistical Inference
  • Math 185, Introduction to Complex Analysis

Graduate math and statistics courses for those who are adequately prepared (in order of importance)

  • Math 202A/202B, Introduction to Topology
  • Stat 200A/200B,Introduciton to Probability and Statistics at an Advanced Level; graduate version of 101/102 sequence, not much more difficult, but harder than 134/135
  • Stat 205A/205B,Probability Theory; graduate probability, much higher level than 200A/200B

Please note: This is just a recommendation; not all courses are required. Admissions requirements vary by university and by program. Students interested in pursuing graduate school should begin gathering information from prospective programs as early as possible.

Post-Baccalaureate Research Opportunities

Pursuing research after completing an undegraduate degree is a great option for students who would like to gain more experience prior to graduate school. Post-baccalaureate research opportunities can be found through the  National Bureau of Economic Research (NBER)  and PREDOC: Pathways to Research and Doctoral Careers . For research opportunities outside of the NBER,  click here  and  follow @econ_ra  on Twitter.

Graduate School Preparation Additional Resources

http://www.aeaweb.org/resources/students/grad-prep/considerations/  (Considerations for prospective graduate students in Economics)

https://www.aeaweb.org/resources/students/schools/  (Alphabetical list of U.S Graduate Programs in Economics)

https://www.aeaweb.org/about-aea/committees/cswep/programs/resources/events2  (Conferences, events and fellowships through the American Economic Association)

https://www.aeaweb.org/about-aea/committees/aeasp (American Economic Association Summer Training Program, AEASP)

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Requirements & Application Review

Among applicants who satisfy the minimum graduate requirements , we conduct a holistic review of all application materials , focused mostly on the following items:

  • Relevant courses taken (specifically Economics and Mathematics courses), and grades therein
  • Recommendation letters
  • Statement of Purpose

Find more information on what we consider in our application review below.

The Department of Economics PhD Program accepts the GRE General Test , which is composed of verbal, quantitative, and analytical writing sections.  We accept the internet, computer, and paper based GRE tests. 

When you take the GRE and TOEFL you need to have your scores sent directly to the Department of Economics at the University of Illinois. You should choose  1836  for the  institution code  and   the  department code  can be left blank.  The GRE cannot be waived.

Admission decisions are made based on the contents of the entire application, but many ask if their scores are competitive with other candidates.

The GRE score is used in the admission process as one criterion among many. The quantitative portion of the GRE tests your ability to perform elementary mathematical operations correctly under time pressure. A certain ability level to do this is highly desirable, but a high GRE score does not by itself show that you have sufficient math background for a Ph.D. in economics. In practice, most of our applicants have a quantitative score of 160 or higher.

We do not believe a difference in scores (for example 163 and 167) is particularly informative for the purpose of judging an applicant's full capability, so other factors are considered.

There is no fixed GPA threshold because grading conventions differ a lot between different institutions. Also, while all graded courses you take count for your GPA, what matters the most for admission are your grades in classes that are directly relevant for an Economics Ph.D. program.

For students who studied economics at a U.S. undergraduate institution, we generally like to see  strong performances  in:

  • Intermediate Microeconomics
  • Intermediate Macroeconomics
  • Econometrics/Statistics
  • Advanced Econometrics and Advanced Microeconomic Theory classes provide a better understanding of academic preparation for a Ph.D., than History of Economic Thought
  • Advanced Math Classes (we strongly recommend taking proof-based courses such as Real Analysis)

Students should have a strong background in Economics, Statistics, and Mathematics. In particular, the following courses are very important:

  • Statistics/Econometrics
  • Technically-Challenging Field Courses such as Advanced Econometrics and Advanced Microeconomics.
  • Advanced Math Classes (we strongly recommend taking a class in Real Analysis)

Many of our students do have a Master’s degree when they apply to our program, but it is not a requirement.

As long as you have a conferred bachelor’s degree or the equivalent by the start of the term for which you seek admission, you may apply to the program. We do admit students with only a bachelor’s. Students should have a strong academic background, and have taken Advanced Coursework in Economics, Statistics, and Mathematics.

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Entry Requirements

Each level of graduate study (diploma, master's, MPhil/PhD) has particular minimum entry requirements. These consist of:                     

  • your previous degree(s)               
  • your proficiency in the English language.

Please consult individual programme pages as well as reading the information below.            

Your application will be considered on its academic merit. Please note that competition for places at LSE is intense, and satisfaction of the minimum entry requirements does not guarantee that you will be offered admission. It is therefore in your interests to apply as early as possible.            

Any offer of a place may be conditional on attending additional courses and/or passing qualifying examinations at a suitable standard, in addition to your degree. 

If your first degree is from outside the UK:             

For degree programmes outside the UK you will need to obtain at least 70 per cent of the available marks in your final year examinations. If your institution uses the cumulative grade point average (GPA) system you should normally have a GPA of at least 3.5 out of 4 or above. For detailed information about the equivalence of non-UK qualifications, please see our country-specific information for international students .            

Most graduate programmes assume that you have prior knowledge to degree level in particular disciplines. Competition varies between programmes and the level of grades/marks required will vary. Popular programmes will often look for a first class honours degree or its non-UK equivalent.            

The minimum entry requirements for each type of programme are normally as follows:

A degree or equivalent qualification and experience.

Master's degree

A first or upper second class honours (2:1) degree from a UK university or a non-UK equivalent  in a subject appropriate to the programme to be followed.

Normally a UK taught master's degree with merit or a non-UK equivalent in a subject appropriate to the research to be undertaken. The most appropriate supervisor for your work will be allocated with particular reference to your research proposal.

Any offer of a place would depend on:

  • The quality and feasibility of your research proposal
  • Your academic qualifications, and relevant professional or other experience, if appropriate
  • The ability of the department to provide adequate and appropriate supervision
  • An interview with the department, unless there are exceptional circumstances which prevent this

Your entry qualification determines which track you will follow if your application is successful. For entry onto either track, candidates should have, as a minimum, a first or upper second class honours (2:1) degree from a UK university or a non-UK equivalent  in a closely related discipline.

Track 1 students fulfil the entry requirements for a master's degree (see above) and follow the 2+2 structure.

Track 2 may involve an exemption from some of the taught courses and will be recommended by the course conveners only if, in their judgement, the student already has appropriate prior training in quantitative methods and has already completed an MA or MSc in a relevant discipline.

Upgrade to the PhD depends on successful completion of the MRes in either track.

Research council-funded programmes

A number of LSE's master's programmes comply with the requirements for financial support from the research councils. These programmes consist of a linked MSc and MPhil/PhD degree (either 1+3 or 2+2). For more information, see our  Doctoral Training Partnership page [BP1]  .

If you wish to be considered for nomination for a research council studentship, you must include an outline research proposal with your application. This proposal should be a brief description of the research topic you are considering pursuing during your PhD and should explain why you are interested in this area of research. As your research interests will develop further over the year of your master's training, your proposal need only be indicative. You must meet the same entry requirement as for all MSc programmes (see above). Please be aware of the  deadline  to be considered for research council funding.

We will notify you in your offer letter if you have been nominated by your department to be considered by the funding panel. Once the panel's decision is made we will contact you with further information.

Visiting research students

Visiting research students  attend for one or more terms and study up to four graduate or undergraduate courses. Examinations are optional, but students wanting to sit the examination in a course must have attended the course for the full year.

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  • Bachelor of Science in Business Administration major in Economics
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School of Business Administration Department of Economics

Master of science in economics and policy (msep).

economics phd gpa requirements

The Master of Science in Economics and Policy (MSEP) integrates mutually supportive strands of knowledge and skills in economic theory, policy evaluation and data analysis. Distinctly applied and regionally recognized, the MSEP nurtures competitive competencies critical for a diversified knowledge economy. Graduates apply analytical and critical thinking skills to understand global trends and develop data-informed decisions and policies that address domestic challenges.

MSEP graduates compete globally for a range of high-value-added positions, such as economists, consultants, data and business analysts, and policy advisors in non-profit organizations, the government and the corporate world. In addition, MSEP degree holders possess solid academic preparation should they wish to pursue doctoral studies in economics or related fields.

Learning Outcomes

MSEP graduates have:

  • advanced understanding of economic theory and policy
  • in-depth applied knowledge in micro and macro-based fields
  • exceptional data analysis skills
  • strong training in independent research and reporting

Upon successful completion of the program, graduates will be able to:

  • analyze individual and market incentives and behavior to explain business and socioeconomic problems, including the reasons for market or government failures
  • apply economic concepts and tools to recommend private solutions or public policies pertinent to the allocation of resources, sustainable growth, entrepreneurship and innovation, and the distribution of socioeconomic outcomes
  • implement modern quantitative methods to evaluate economic ideas, findings and policies
  • undertake and present largely independent research using appropriate economic methodology

Why Study Economics and Policy at AUS?

  • AUS is #1 in the UAE and top 350 globally in economics and econometrics (QS World University Rankings by Narrow Subjects 2024).
  • AUS regularly ranks highly in regional and UAE rankings for academic excellence and graduate employability. You can view the most recent rankings results here .
  • MSEP students have many opportunities to engage in research with faculty. MSEP faculty are active researchers who regularly publish in reputable journals and receive competitive research funding.
  • Faculty scholarly activity is diverse, covering many economic fields including development, labor, migration, security and conflict, real estate, international trade, forecasting, and behavioral, experimental and environmental economics.

The MSEP Curriculum

The MSEP is earned by completing 30 credit hours (eight courses and a supervised thesis) with an overall GPA of 3.0.

Required Courses

  • Microeconomics
  • Macroeconomics
  • Applied Econometrics I
  • Applied Econometrics II
  • Contemporary Issues and Economic Policy
  • Master’s Thesis in Economics

MSEP Electives

Any three courses from the following:

  • Time Series Analysis and Forecasting
  • Behavioral Economics and Policy Design
  • Money, Banking and Financial Markets
  • Market Power and Competition Policy
  • Poverty, Inequality and Development
  • Economics of Sustainability and Resource Use
  • Economics of Agglomeration, Real Estate and Urban Development

Admission Requirements

  • Applicants must have a minimum overall GPA for application is 3.0 (2.5 if the applicant has a stronger academic performance in the junior and senior years).
  • Applicants do not need a bachelor’s degree in economics but are expected to have a good performance record in undergraduate economics, calculus and quantitative methods.
  • Students can only start the program in the fall semester. 
  • For a complete list of requirements, please see our master’s degree application requirements page.

Course Timings and Program Duration

  • Study can be full-time or part-time, with a maximum of three courses per semester.
  • Classes typically run between 6:00 p.m. and 9:00 p.m. or 5:00 p.m. and 8:00 p.m. to accommodate working students.
  • The typical program completion duration (for full-time students) is four regular semesters.

Graduate Assistantships and Support

AUS offers competitive graduate assistantships and work-study opportunities to qualified students for up to four semesters.

Every MSEP student will have access to a dedicated advisor who provides academic support and guidance.

AUS Career Services offers a range of services to help students prepare for career advancement or transition. Please click here for more information.

Please note: This is a new graduate degree, and the first cohort will be welcomed in August 2024.

For more detailed information on the application requirements, tuition, financial grants, English language and admission requirements, please contact:

Dr. Samer Kherfi , MSEP Program Coordinator [email protected]

Alexa Largado , Administrative Assistant [email protected]

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Get Accepted: What Is A Good GPA For Getting Into College?

Horacio Sierra, Ph.D.

Updated: Nov 9, 2023, 1:10pm

Get Accepted: What Is A Good GPA For Getting Into College?

The higher your high school grade point average (GPA) is, the easier it will be to gain admission to the college of your choice. That’s a simple fact. However, the college admissions process is more nuanced than that. Standardized test scores, extracurricular activities, personal essays, letters of recommendation, and the rigor and variety of your high school classes all play a role in whether you will be admitted. But as more colleges and universities go test-optional , your GPA remains one of the most important factors in the admission process.

Read on to learn more about the role GPA plays in the college admissions process and then contact your admission counselor for more assistance.

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What Are the GPA Requirements for College?

Each college sets its own requirements and expectations for GPA. ACT® reports that the average high school GPA has risen from 3.22 in 2010 to 3.39 in 2021, demonstrating a trend of grade inflation. As a result, the value of a GPA is not as clear-cut as many students would like.

Most community colleges only require a high school diploma or GED® certificate for admission. If you want to attend a four-year school, however, having a GPA higher than 3.0 is ideal. Schools with more mid-level admissions selectivity may set minimum GPA requirements, usually asking for a minimum 3.0 GPA.

Surprisingly, highly selective Ivy League universities such as Harvard and Yale do not list minimum GPA requirements, but you usually need a 4.0 GPA or higher to get into one of these universities.

Wondering how you can do better than a 4.0 GPA? That’s where weighted GPAs come in. We’ll explore that more in the next section.

How Do Colleges Calculate High School GPA?

Calculating GPA can be both straightforward and complex. The traditional GPA is calculated on a four-point scale that converts grades such as A, B, C, D and F into scores of 4, 3, 2, 1 and 0, respectively, and divides the total score by the number of graded classes.

However, because classes like Advanced Placement® (AP) and honors courses are considered more academically rigorous, many high schools give extra weight to those grades. Weighted GPA scales exceed a 4.0. If your high school weights AP class grades with an extra point, for example, a B in that class would be worth a 4.0 rather than a 3.0. An A would be worth a 5.0.

Colleges may require applicants to self-report their grades and provide transcripts. Even so, every college’s admission board will calculate each applicant’s GPA according to their own scale.

A holistic GPA includes grades from every high school course you took, but there are other ways to calculate your GPA. Some colleges may exclude your electives and look just at your grades earned in core courses such as English, math, science and social studies. Other colleges may look more intently at your math and science courses, especially if you’ve applied for an engineering program or another STEM major.

What Is a Good GPA To Get Into College?

A “good” GPA for college admission depends on which college you’re applying to. Like we discussed above, if you want to get into an Ivy League university, your GPA should probably have a minimum 4.0 GPA. But most schools are not that selective.

To see how your GPA stacks up against the competition, research admissions data for your prospective colleges. The College Board provides a college search tool that allows you to view typical GPA ranges for most admitted students at a given college. You’ll see what percentage of admitted students had a GPA of 3.75 and above, 3.50 to 3.74, 3.25 to 3.49 and so on.

Can You Get Into College With a Low GPA?

If you don’t feel particularly confident about your GPA, there are other ways to make your college application stand out. You can still get into college with a lower GPA, but you’ll have to give extra care to other parts of your application. Here’s what to do.

Aim for High Standardized Test Scores

Although many colleges and universities no longer require applicants to submit SAT® or ACT® scores , scores are still welcome, and high scores can give your application a boost.

Colleges see high SAT scores , for example, as an indication that a student can excel in college-level classes regardless of their high school grades. High scores on either the SAT or the ACT can sway a college admissions board to look more favorably upon a low GPA.

Write a Memorable College Essay

Crafting a college essay that stands out involves writing skills, creativity and vulnerability. In some ways, the essay may be the hardest part of the application process since it’s not based on quantitative numbers like your GPA or AP exam scores.

The essay gives you a chance to show colleges who you are in your own words. And if your GPA misses the mark because you faced personal challenges that prevented you from doing well in your high school classes, the essay gives you a chance to explain your circumstances.

For students from traditionally underrepresented backgrounds, the essay has taken on even greater weight after the U.S. Supreme Court banned the use of race-based affirmative action in the college application process. The college essay is your chance to discuss how personal identity markers such as race might have contributed to your academic journey.

Commit to Your Extracurriculars

As numbers-driven as the college admissions landscape can be, admissions boards still want to know about each applicant’s passions. When students invest their time and energy in extracurricular activities , they showcase their interests outside of class.

Whether they partake in the Spanish Honor Society or the lacrosse team, students can use extracurriculars to showcase their strengths. By committing to a club or sport for several years, and by taking on leadership roles, students demonstrate their potential to become reliable leaders in and beyond college.

Apply to Less Competitive Colleges

Given that there are nearly 4,000 colleges and universities in the United States, as reported by the National Center for Education Statistics , you have plenty of schools to choose from. Be realistic about your chances of admission to your schools of choice based on your GPA and overall high school performance. Make sure to apply to at least a couple of schools that you’re confident will admit you.

Prestigious public universities and student-focused liberal arts colleges are increasingly seen as desirable options for incoming college students who want a solid education without constantly worrying about maintaining a perfect GPA.

Frequently Asked Questions (FAQs) About College GPA Requirements

What gpa do you need to get into college.

Though some individual colleges set minimum GPA requirements, there is no overall minimum GPA for college. Even if you have a lower GPA, you can gain admission to a good college.

Can a 2.5 GPA get you into college?

Yes, if you apply to a less selective college or a college with open admissions. Most community colleges, for example, require just a high school diploma or a GED certificate for admission. Many public and private universities set more relaxed admissions policies as well.

What GPA do most colleges require?

A general rule of thumb is that a 2.0 GPA, or a “C” average, is required for admission to most colleges and universities. This minimum GPA can also be a requirement for financial aid, scholarships and graduation. Keep in mind that different colleges set different minimum GPA policies, and many colleges do not require any particular minimum GPA.

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    Statement of purpose that expresses coherent ideas about why the candidate is interested in pursuing a Ph.D. in economics and describes likely areas of research interest. TOEFL (if applicable) at least 90 for the Internet-based test (iBT). IELTS (is accepted) most recent overall Band score must be at least 7 on a 9-point scale.

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    Degree requirements: Bachelor's degree from an accredited college or university. GPA: Minimum GPA of 3.25 in upper-division and graduate course work in economics and related courses. Test score required: Yes. The minimum quantitative score is 158 with students averaging 163 on the quantitative score and 150 of the verbal score.

  4. Ph.D. Admissions

    The application for graduate admission is available here. The deadline to submit an application is December 15. Admission decisions will be made in early March and students will be notified of the decision via email. Those students who are offered admission will be invited to visit the department for an admitted student visiting day.

  5. PhD Program

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    In order to earn a doctoral degree, graduate students in the Department of Economics must fulfill the following requirements: Complete at least 72 credits of graduate level course work, 45 of which must be in graded courses in economics. Complete two major fields and one minor field of specialization. Maintain a cumulative GPA of 3.0. Pass the ...

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    In addition to meeting general College and University requirements, all Ph.D. students in economics complete the following requirements: Coursework and Qualifying Exams. Complete core courses in economic theory and quantitative methods. Mathematics and Quantitative Training: Econ 800 and Econ 816. Microeconomics: Econ 801 and Econ 802.

  11. Requirements for the PhD. in Economics

    The Requirements for the Ph.D. degree in Economics at the University of North Carolina at Chapel Hill, effective for the entering class of 2020, consist of successfully completing: Course Requirements. Doctoral Written Examination. Doctoral Dissertation. This document describes each of these requirements in detail.

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    The application deadline for the Ph.D. program is January 15th for the coming fall semester. Successful applicants have strong quantitative backgrounds and a passion for research in economics.The application fee is $95.00 upon submission. Please direct all Ph.D. admission inquiries to [email protected]. Qualifications.

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    Economics, PhD. for the Doctor of Philosophy in Economics. Economics Department Head of the Department: George Deltas Associate Head: Seung-Hyun Hong Economics Department website 214 David Kinley Hall, 1407 W. Gregory Dr., Urbana, IL 61801 (217) 333-0120, fax: (217) 244-6571 Economics email. College of Liberal Arts & Sciences College of Liberal ...

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  19. Ph.D. Admissions

    The Ph.D. program in Economics is designed to be completed within five academic years. See more information in the Requirements for the Doctoral Degree in the Georgia Tech Course Catalog. The priority admissions deadline for the Ph.D. program beginning in the Fall semester starting in August is Feb. 1. All applications received after this date ...

  20. How to Apply to the PhD Program

    We do not have a master's program in economics. Apply to the Economics PhD program at choose.umn.edu/apply. Basic Requirements for Admission. Our PhD program basic standards and requirements for admission are: ... The mean GPA of admitted students who attended a U.S. university was 3.84/4.0. The mean GRE scores of all admitted students were 157 ...

  21. Preparing for a PhD in Economics

    Preparing for a PhD in Economics. The minimum requirements of the Economics undergraduate major are not designed to be training for doctoral economics programs. Students who plan to continue their education should take more quantitative courses than the minimum required for the major. Preparation should start early in your undergraduate education.

  22. Requirements & Application Review

    Requirements & Application Review. Among applicants who satisfy the minimum graduate requirements, we conduct a holistic review of all application materials, focused mostly on the following items: GRE Scores. Relevant courses taken (specifically Economics and Mathematics courses), and grades therein. Recommendation letters. Statement of Purpose.

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  24. 40 Low GPA Grad Schools & Advice to Help You Get In

    Albany State University. GPA Requirement: 2.5 GPA for provisional admission. The graduate program at Albany State University offers provisional admission to the school with a minimum of a 2.5 GPA. Students must also have a bachelors degree from an accredited college or university in the field they plan to study.

  25. What Is a Bachelor's Degree? Requirements, Costs, and More

    Requirements for graduating from a bachelor's degree program. Students typically need at least 120 credits to graduate from a bachelor's program in the US (or roughly 180 credits at a school under a quarter system) and a minimum GPA (usually 2.0).. College degrees generally take between four and five years to complete when you're enrolled full-time, but the length of time it takes you to ...

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    Economics of Sustainability and Resource Use; Economics of Agglomeration, Real Estate and Urban Development; Admission Requirements. Applicants must have a minimum overall GPA for application is 3.0 (2.5 if the applicant has a stronger academic performance in the junior and senior years).

  27. Get Accepted: What Is A Good GPA For Getting Into College?

    If you want to attend a four-year school, however, having a GPA higher than 3.0 is ideal. Schools with more mid-level admissions selectivity may set minimum GPA requirements, usually asking for a ...