Professors: R.S. Goldfarb, A.M. Yezer, J.J. Cordes, J. Pelzman, R.P. Trost, B.L. Boulier, H.S. Watson, M.D. Bradley, S.C. Smith, P. Labadie, G.L. Kaminsky, D.O. Parsons, R.F. Phillips (Chair), M.O. Moore, N. Vonortas, F.L. Joutz, S. Joshi, A.S. Malik, J. Foster

Associate Professors: S.M. Suranovic, W.P. Mullin, V. Fon, R. M. Samaniego, M. Cipriani

Assistant Professors: C. Wei, S. Emran, M.X. Chen, A. Fostel, T. Sinclair, P. Carrillo, S. McCoskey

Professorial Lecturers: T. Alafita, D. Bakardzhieva, R.S. Belous, G. Brock, D. Fixler, J. Herbert, N. Hicks, J. Kilpatrick, S. Kirby, R. Lamb, C. Loser, L. Michos, F. Osinski, L. Reiffel, D. Scissors, B. Simon, H. Stekler, D. Trunkey, J. Weiner

Associate Professorial Lecturers: Y. Babych, E. Chung, L. Clauser, Z. Hou, A. Merchant, N. Pham

Doctor of Philosophy in the field of economics —The Ph.D. program involves study in two sequential units. Unit I includes satisfactory completion of required course work, and passing the General Examination. This first unit must be concluded within five years after entry into the program. Upon successful completion of Unit I, students are considered for admission to Unit II, the dissertation stage, which must be completed within five years after entry. In all cases, however, the student is expected to complete the doctorate within eight years after admission.

Students must meet the general requirements stated under Columbian College of Arts and Sciences.

Unit I:

For Unit I, requirements include core theory and econometrics courses—Econ 301, 302, 303, 305, 306, 307, 375, and 376—plus 24 additional credits of 300-level (or approved 200-level) course work and passing the Comprehensive Examinations.

General Examination: The General Examination consists of two preliminary examinations, one in microeconomic theory and one in macroeconomic theory, and two field examinations. Students must take the preliminary examinations within three semesters of entering the program and before any field examinations are taken.

Field examinations are given in econometrics, economic development, environmental and natural resource economics, health economics, industrial organization, international economics, international finance, labor economics, monetary theory and policy, public finance, and regional and urban economics. To pass the General Examination, students must earn a grade of "satisfactory pass" or better in the preliminary examinations in microeconomic and macroeconomic theory and in one of the two field examinations and no grade below "bare pass." Two of the examinations, preliminary or field, may be taken a second time with the approval of the Department. No further opportunity to take the examinations is permitted. Substitution of a field examination (in an area not originally chosen by the student) to satisfy the requirements of the General Examination is equivalent to taking a field examination a second time.

Students should consult with the professors responsible for their fields and notify the Department two months in advance of their intention to take the examinations. If such notification is not given sufficiently in advance, it may not be possible to sit for the examination.

Unit II:

For Unit II, the requirements include formulation of an acceptable dissertation proposal, completion of a dissertation that demonstrates the candidate's ability to do original research, and 24 credits of additional graduate course work, of which at least 12 credits must be dissertation research. Students, including those who have an accepted dissertation proposal, must enroll in a dissertation proposal seminar (Econ 397) in the first semester after promotion to Unit II. Satisfactory performance in the seminar will be equivalent to 3 credits of Unit II course work. In cases where knowledge outside the discipline of economics is critical to the student's research field, up to 6 credits in Unit II may consist of required courses outside the Economics Department. Departmental prerequisite: Courses at the 300 level are specifically designed for economics graduate students and typically require knowledge of calculus and one or more of the core theory and econometrics courses. Less-well-prepared graduate students in other disciplines may register for 200-level courses after having completed Econ 217–18 or 218 and 219, or 101 and 102, unless the course description indicates that these prerequisites have been waived. Intermediate-level micro and macro courses taken elsewhere usually satisfy this requirement, but introductory or first-year courses do not. Graduate students in economics can take 200-level courses only with permission of their advisor.