The Department of Economics offers graduate work leading to a Doctor of Philosophy degree.
Room 214 David Kinley Hall, MC-707
1407 W. Gregory Drive
Urbana, IL 61801
Fax: (217) 244-6678.
Professor Stefan Krasa - Director of Graduate Studies
Our Doctoral program admits students with strong quantitative backgrounds and prepares them for careers in academia and for research positions in government, international organizations, and consulting in the following specialized fields: development economics, econometrics, industrial organization, international economics, labor economics, macro, micro and public economics.
The candidate for an advanced degree may specialize in the following fields: development economics, econometrics, industrial organization, international economics, labor economics (which includes health and human resource economics), macroeconomics, microeconomics and public economics. This list may be modified with the composition of the faculty.
Our program of study and its requirements are summarized below. Please note that 4 hours of coursework corresponds to a typical graduate level course.
Applications for the fall 2018 term open August 1, 2017 and close January 10th, 2018 at 12:00 AM EST.
|Macroeconomic theory||8 hrs|
|Microeconomic theory||8 hrs|
|Statistics and econometrics||8 hrs|
|Field electives*||24 hrs|
|Workshop and research seminar||16 hrs|
|Thesis Hours Required (min/max applied toward degree):||32 hrs|
|Total Hours||96 hrs|
|Other Requirements:||Research paper must be submitted prior to the start of the third year of study and be approved by the end of the third year.|
|Minimum GPA:||3.0 (except as noted above)|
|Masters Degree Required for Admission to PhD?||No|
|Qualifying Exam Required**||Yes|
|Preliminary Exam Required||Yes|
|Final Exam/Dissertation Defense Required***||Yes|
|Dissertation Deposit Required||Yes|
|Total number of years||5 years|
Optional: A not-for-credit Math Camp after campus orientation, consisting of 12 hours of instruction.
* 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.
** 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 students 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, students will be eligible to receive a master's degree in Economics, provided they have not previously received such a degree from another institution. (For more information, click here)
*** 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.
* Candidates must successfully complete two fields through course work in addition to 2 field elective courses. The detail of field requirement can be found from the Director of Graduate Studies.
** Candidates are required to give an oral defense of the thesis proposal and pass an oral final examination covering the research.
*** A student with an appropriate background in economics and mathematics who devotes full time study to graduate work can complete the PhD degree in five years beyond the bachelor's degree. An additional year is more common, 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.
See "Applications" section for an instruction on how to apply to the program.