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Economics, Ph.D.

  • Application Deadline
  • 48 months
    Duration
University rank #501 (ARWU) Laramie, WY, United States
The PhD in Economics program is designed to equip the student for professional research in university, government, or industry positions. The PhD program’s qualifying examination takes the form of a research paper requirement. Students must complete a paper by the end of the summer following their second year, and present that paper to their committee.
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Overview

During the first year, a foundation in economic theory and the basic quantitative and mathematical tools necessary for professional research is given. Students take a Micro Theory sequence and an Econometrics sequence, as well as courses in Mathematical Economics and Economic Dynamics.

After the first year, all PhD students take a core sequence of one Macroeconomics course and two courses in Environmental and Natural Resource (ENR) Economics.* Additionally, they choose five electives from a menu that varies from semester to semester and is put together with student input. The electives reflect our faculty’s research in areas additional to ENR, such as Development Economics, Energy Economics, Behavioral and Experimental Economics, Industrial Organization, and International Trade.

During the second year of the PhD program, the student selects a major professor and a dissertation committee in consultation with that professor. The faculty members on this committee will supervise and evaluate the student’s research.

The PhD program’s qualifying examination takes the form of a research paper requirement. Students must complete a paper by the end of the summer following their second year, and present that paper to their committee. If the paper and presentation are judged adequate, the student is awarded a Master’s degree in Economics and continues in the PhD program. Otherwise, the student is given one chance to revise and resubmit their paper, by December of their third year. If the revision is still judged inadequate, the student fails out of the PhD program, but may (depending on the quality of the revision) still be awarded a Master’s degree.

During the third year of the PhD program, the student is expected to complete course work and prepare a dissertation proposal. The dissertation committee gives an oral examination based on this proposal, which constitutes the preliminary exam for degree candidacy. We expect students to have received committee approval of their dissertation proposal before entering their fourth year.

During the third year and beyond, the majority of time is devoted to dissertation research. The student will usually also be asked to teach at least one undergraduate course and to assist in faculty research projects. Following successful completion of the dissertation, students present an oral defense to their committee. A favorable report from the committee completes the requirements for the doctor of philosophy degree.

Detailed Programme Facts

  • Programme intensity Full-time
    • Full-time duration 48 months
  • Credits
    60 Credits alternative credits
  • Languages
    • English
  • Delivery mode
    On Campus

Programme Structure

Courses include:

  • Microeconomic Analysis I
  • Microeconomic Analysis II
  • Mathematical Economics
  • Dynamics
  • Econometrics I
  • Econometrics II
  • ENR I
  • ENR II
  • 2nd-Year Paper
  • Macroeconomic Analysis I 
  • Dissertation Research 
  • Dissertation Proposal Defense
  • Dissertation Defense

English Language Requirements

  • Minimum required score:

    76

    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.

  • 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.

  • Minimum required score:

    540

    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.

Academic Requirements

You need the following GPA score:

Required score: 3

Applicants for graduate programs must have the equivalent of a bachelor’s degree with a minimum GPA equivalent to 3 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).

General Requirements

  • If accepted into a graduate program, official copies of GRE and TOEFL scores must be provided.
  • A subject GRE test is not required.
  • The GMAT cannot be substituted for the GRE.
  • Although not required, you are welcome to submit a resume.
  • The minimum GPA requirement is 3.0 on a 4-point scale.
  • You will be required to attach a statement of purpose to your application. The statement of purpose (one to three pages) should describe why you are interested in pursuing a graduate degree in Economics

Tuition Fee

  • International

    6078 USD/year
    Tuition Fee
    Based on the original amount of 6078 USD per year and a duration of 48 months.
  • National

    15420 USD/year
    Tuition Fee
    Based on the original amount of 15420 USD per year and a duration of 48 months.
  • In-State

    15420 USD/year
    Tuition Fee
    Based on the original amount of 15420 USD per year and a duration of 48 months.
We've labeled the tuition fee that applies to you because we think you are from and prefer over other currencies.

Funding

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