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North American Doctoral Programs in Economics: An Overview

North American Doctoral Programs in Economics: An Overview. Marek Hlav áč June 14 th , 2011. Ph.D. Program Rankings. U.S. doctoral programs in Economics are highly regarded Top tier: Harvard Massachusetts Institute of Technology (MIT) University of Chicago Stanford University

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North American Doctoral Programs in Economics: An Overview

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  1. North AmericanDoctoral Programsin Economics:An Overview Marek Hlaváč June 14th, 2011

  2. Ph.D. Program Rankings U.S. doctoral programs in Economics are highly regarded Top tier: Harvard Massachusetts Institute of Technology (MIT) University of Chicago Stanford University Princeton University UC-Berkeley, University of British Columbia, etc.

  3. Ph.D. Program Rankings European programs modeled after the U.S. system: CentER (Tilburg) ECARES (Brussels) Pompeu Fabra (Barcelona) Stockholm School of Economics/Stockholm University Bocconi University (Milan) CERGE (Prague)

  4. 2 + 3 = 5 years First two years: Coursework Final three (or more) years: Research Ph.D. students usually fully funded: Years 1 and 2: often, no strings attached Years 3+: Research Assistantship Teaching Fellowship

  5. First Year Microeconomics I: Consumer and Producer Theory II: Game Theory, Mechanism Design, etc. Macroeconomics I: Growth Theory II: Models to Study Fluctuations Statistics and Econometrics Mathematics for Economists (or Math Camp)

  6. Second Year Field Electives: Advanced Microeconomics Advanced Macroeconomics Advanced Econometrics Labor, Public or Health Economics Development Economics Industrial Organization Financial Economics, Asset Pricing Political Economy Economic History (largely neglected)

  7. Years 3+ Dissertation research Proposal 3 shorter papers, rather than one long dissertation “Essays in International Trade”, “Essays in Public Economics” Committee: Usually three members One principal advisor Job market (Year 5+) “flyouts” job market paper

  8. Textbooks Microeconomics Mas-Colell, Whiston and Green (MWG): Microeconomic Theory Varian: Microeconomic Analysis Recommendations: Jeny, Rehle: Advanced Microeconomic Theory Nicholson: Microeconomic Theory: Basic Principles and Extensions

  9. Textbooks Macroeconomics Barro and Sala-i-Martin: Economic Growth Freshwater: Blanchard and Fischer: Lectures on Microeconomics Obstfeld and Rogoff: Foundations of International Macroeconomics Saltwater: Ljungvist and Sargent: Recursive Macroeconomic Theory

  10. Textbooks Econometrics Greene: Econometric Analysis Recommendations: Kennedy: A Guide to Econometrics Angrist and Pischke: Mostly Harmless Econometrics

  11. Publish or Perish Top four economics journals: American Economic Review Journal of Political Economy Quarterly Journal of Economics Econometrica Political Science American Political Science Review International Organization

  12. Publish or Perish Field journals: Journal of Economic Theory Journal of Finance Journal of Development Economics Journal of Health Economics Journal of Public Economics Journal of Labor Economics

  13. Useful Websites and Books EconPhD: http://econphd.econwiki.com/ Resources for Economists (RfE): http://www.aeaweb.org/rfe/ Colander: The Making of an Economist – Redux http://community.middlebury.edu/~colander/

  14. North AmericanDoctoral Programsin Economics:An Overview Marek Hlavac June 14th, 2011

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