The Ph.D. in Economics provides comprehensive training in theoretical and empirical economics, as well as fields chosen by the student. The primary goal is to equip students with analytical and quantitative skills to conduct independent economic research. Individuals with strong research skills are sought by public and private employers in a number of different types of businesses, as well as by other academic institutions.
The Department also offers a Master of Arts and a Master of Science. The Master of Science is designed to provide the foundation students need to succeed in a Ph.D. program or jobs requiring intensive technical, analytical, and quantitative skills. The Master of Science provides students with core conceptual knowledge about microeconomics, macroeconomics, and econometrics. Students may apply these skills through their research, culminating in six credits of thesis if desired. Alternatively, students choosing the non-thesis option may further their knowledge through additional coursework. The Master of Arts also emphasizes technical, analytical, and quantitative skills, but with fewer required courses and more electives, this degree allows students more flexibility. Both programs effectively prepare students for careers in applied economics, finance, banking, law and other professions that require analytical and quantitative skills.