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The W. P. Carey PhD in Economics equips students for research and teaching and positions at top institutions of higher education in the world as well research positions in public agencies or private organizations. The program is relatively small in size, with about 40 full-time doctoral students in residence at any time. A low student-to-faculty ratio allows us to provide greater faculty attention and mentoring than larger programs. All PhD students are an integral part of the department involved in research, teaching and actively participating in seminar/workshop series. They are financially supported through teaching and research assistantships for five years. Stipends are highly competitive with any graduate program in the world.
The PhD program provides rigorous training in microeconomic theory, macroeconomic theory, applied economics and econometrics. Additionally, you have the opportunity to select a primary area of specialization for study:
An undergraduate degree in Economics is not required to enter and successfully complete the PhD program. As a general guide, an entering PhD student should have a minimum of two years of calculus (including three calculus courses plus one course in advanced calculus and one course in differential equations), real analysis, mathematical analysis (proofs), linear algebra, two semesters of statistics plus intermediate macroeconomic and microeconomic theory.