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Economics, Ph.D.

  • Application Deadline
  • 60 months
    Duration
University rank #251 (WUR) , MA,
Clark's Ph.D. program in economics offers students the unique opportunity to earn a Ph.D. in the setting of a liberal arts and research university. These advantages include small classes, ready access to faculty who have published in leading journals in their fields, and an intellectual environment where differences in disciplinary approaches need not serve as barriers to learning. 

About

The program structure emphasizes the development of the theoretical understanding and empirical skills required to carry out research in applied economic analysis. Already in their second year, students have opportunities to conduct and present original research. The early emphasis on research helps students move rapidly after reaching the dissertation stage. This emphasis also assists Clark Ph.D.s in their job search.

The Clark program develops basic skills in economic theory and econometrics as well as in research. All students complete two semesters in introductory statistics and econometrics, two semesters of microeconomic theory and two semesters of macroeconomic theory. In addition, they specialize in two fields, each consisting of two to three semesters of coursework, and take additional course work in two electives. The Clark program regularly offers students specializations in four fields:

  • International Economics
  • Spatial Environmental Economics
  • Applied Econometrics
  • Development Economics
Learning Outcomes
  • Master core theoretical material. Students will achieve mastery of the theoretical material covered in the core PhD courses in microeconomics, macroeconomics, and econometrics.
  • Identify and synthesize existing knowledge. Students will be able to find existing economics journal articles on a given topic, identify the connections between the articles, and prepare a detailed literature review, summarizing the existing state of knowledge in that area.
  • Apply economic theory to specific topics. Students will be able to use their knowledge of microeconomic and macroeconomic theory to develop economic models and apply them to specific research questions.
  • Conduct empirical research. Students will be able to develop testable hypotheses, based on economic models, collect the necessary data, and apply appropriate econometric techniques to test those hypotheses. Students will be able to interpret correctly the results of their analyses, and summarize the key points of their findings.
  • Communicate effectively in written and oral presentations. Students will be able to write research papers that effectively communicate their research results. Students will be able to present economic arguments and analysis to an audience.
  • Advance the state of knowledge. Students will complete an acceptable PhD dissertation that advances the state of knowledge in their field.

Accreditation

Clark University is accredited by the New England Association of Schools and Colleges, Inc. through its Commission on Institutions of Higher Education.

Detailed Programme Facts

  • Programme intensity Full-time
    • Full-time duration 60 months
  • Languages
    • English
  • Delivery mode
    On Campus

Programme Structure

Courses Include:

  • Introduction to Mathematical Economics
  • Microeconomics-Foundations
  • Microeconomics-Topics
  • Macroeconomics - Growth
  • Macroeconomics II- Business Cycles
  • International Economics
  • Open Economy Macroeconomics
  • Labor Economics
  • Industrial Organization
  • Economic Growth & Development
  • Microeconomics of Development
  • Environmental Economics
  • Spatial Environmental Analysis
  • Probability and Statistics
  • Basic Econometrics
  • Applied Econometrics
  • Research Seminar
  • Urban Economics

English Language Requirements

You only need to take one of these language tests:

  • Minimum required score:

    80

    The TOEFL iBT ® measures your English-language abilities in an academic setting. The test has four sections (reading, listening, speaking, and writing), each with a score range of 0-30, for a total score range of 0-120. Read more about TOEFL iBT ®.

    Schedule TOEFL®
  • Minimum required score:

    550

    The TOEFL®PBT is administered in a paper format and measures your ability to use and understand English in a classroom setting at the college or university level. It accurately measures how well you can listen, read and write in English while performing academic tasks. Read more about TOEFL®PBT.

    Schedule TOEFL®
  • Minimum required score:

    6.5

    The IELTS – or the International English Language Test System – tests your English-language abilities (writing, listening, speaking, and reading) on a scale of 1.00–9.00. The minimum IELTS score requirement refers to which Overall Band Score you received, which is your combined average score. Read more about IELTS.

Academic Requirements

You need the following GPA score:

Required score: 2

Applicants for graduate programs must have the equivalent of a bachelor’s degree with a minimum GPA equivalent to 2 on a US 4.0 grading scale. Admitted applicants typically have an undergraduate GPA of or better on a 4.0 scale. No exam grade should be lower than 4.5 (European grade scale) or D (American grade scale).

Your GPA (Grade Point Average) is calculated using the grades that you received in each course, and is determined by the points assigned to each grade (e.g. for the US grading scale from A-F).

Application Requirements

  • Application Fee: $75 (non-refundable), submitted with your online application.
  • Personal Statement: Please discuss your academic interests and goals. Include your current research interests as well as your long-range research, teaching, or other professional objectives. Reference any relevant published articles, books, research, inventions or other creative work in your discussion.
  • Resume: Required
  • Letters of Recommendation: Three letters of recommendations required to be submitted through the online application from academic persons competent to judge applicant's qualifications for graduate studies.
  • GRE Scores: Required.
  • Official transcripts

Tuition Fee

  • International Applies to you

    44050 USD/year
    Tuition Fee
    Based on the original amount of 44050 USD per year and a duration of 60 months.
We've labeled the tuition fee that applies to you because we think you are from and prefer over other currencies.

Living costs for Worcester

  • 1100 - 1620 USD/month
    Living Costs

The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.

Funding

Clark rewards strong applicants with generous merit-based scholarships, equal to 25% to 100% of tuition, and assistantships, where students work with faculty or professional staff on special projects while earning a stipend that helps fund their education.

StudyPortals Tip: Students can search online for independent or external scholarships that can help fund their studies. Check the scholarships to see whether you are eligible to apply. Many scholarships are either merit-based or needs-based.

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