Ph.D. Program Guidebook - The University of Chicago Booth School ...

Ph.D. Program Guidebook 2007-2008
ECONOMICS
Fields of study in economics include price theory, market structure, industrial organization,
labor economics, financial economics, business cycles, economic growth, and international
economics. Students take advantage of a wide range of course offerings in both the Graduate
School of Business and the Department of Economics. After completion of course work,
students write dissertations in fields of their choosing.
When fulfilling general PhD degree requirements, please make sure to consult the relevant
section of the Guidebook that discusses those requirements (e.g., curriculum paper
requirements in Chapter 2, co-authorship rules in Chapter 5), in addition to area specific
requirements (if any).
Economics as a Dissertation Area:
For students writing a dissertation in economics, the General Exam requirements are:
Year One:
Complete the Economics Core: Successful completion of the following 8-course
economics core with a grade point average of “B” or higher. If a student takes a
course more than once, the highest grade will be used to calculate the GPA.
Microeconomics (3 courses): E30100 – Price Theory I, E30200 – Price Theory
II, E30300 – Price Theory III.
Macroeconomics: (2 courses): E33000 – Theory of Income I, E33100 – Theory
of Income II.
Quantitative Analysis (3 courses): E31000, E31100, E31200 – Empirical
Analysis I, II, III.
Pass the Economics Core Examinations in Microeconomics and Quantitative
Analysis. Achieve a passing grade on the core examinations in Microeconomics and
Quantitative Analysis, administered by the Department of Economics. Students
should plan to take these examinations at the end of their first year of study.
Participate in the Applied Economics Workshop: First year students are required
to attend the Applied Economics Workshop during the spring quarter of their first
year, and for all of their second year and third years.
Year Two:
Complete nine Ph.D. level courses in economics, including Applied Price
Theory– E34201, with a grade point average of “B” or higher.
Demonstrate Proficiency in Two Fields of Specialization: Students must
demonstrate proficiency in two areas for which economics General Examinations are
offered. The student must pass the General Examination in one area. In the other
area of specialization, the student must achieve a grade point average of “B” or
better in the area’s course sequence (unless otherwise specified). If neither area
offers an exam, the student must achieve a grade point average of “B” or better in
both areas’ course sequences (unless otherwise specified). The courses for this
requirement fulfill a portion of the nine-course requirement above.
Fields of study are to be chosen from the list below. Other course sequences in
which a field examination is offered may be substituted with the approval of the area
advisor.
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