Curriculum and Prerequisites

Graduate Programs in Economics

The Department of Economics at the University of Miami offers a selective, high-quality Doctor of Philosophy Program. The PhD program provides rigorous exposure to microeconomic and macroeconomic theory, monetary theory and policy, and quantitative methods and offer fields in applied micro economics (which includes labor, environmental and health economics), economic development, international economics, and macro economics. Priority is assigned to quality research. Small classes afford each student the opportunity to participate in discussions and benefit from continuous faculty-student interaction. Both the classroom and research components are supplemented by colloquia presented by internationally recognized scholars. 

The PhD in Economics

Admission into the PhD program is conducted annually in the spring, for classes to begin in the fall. The department does not offer any part time programs.

All PhD students are required to complete sixty (60) credit hours. There are thirteen core courses (39 credit hours), two courses in one field (6 credit hours), one elective course, and the dissertation (12 credit hours).

Students in good academic standing, minimum cumulative GPA of 3.0 (B), are scheduled to sit for their Microeconomic and Macroeconomics Theory comprehensive examinations at the end of their second semester and for the field comprehensive examination at the completion of their third semester.

A PhD candidate may begin working on the dissertation after the comprehensive examinations are successfully completed and the Dissertation Committee has approved the candidate's dissertation proposal (or prospectus).

Required Core Courses

All PhD candidates must take the following courses:

1st semester (Fall)

ECO 520 - Econometrics

ECO 521 - Advanced Macroeconomic Theory

ECO 533 - Advanced Microeconomic Theory

MTH 533 - Introduction to Real Analysis

2nd semester (Spring)

ECO 512 - Mathematical Economics II

ECO 620 - Advanced Econometrics

ECO 621 - Graduate Macroeconomic Theory I

ECO 633 - Graduate Microeconomic Theory I

3rd semester (Fall)

ECO 603 - Monetary Theory and Policy

ECO 634 - Advanced Micro Analysis II

ECO 625 - Applied Econometrics

ECO XX - Field

(Upon the successful completion of the above courses, the student will be scheduled to sit for their Macroeconomic and Microeconomic comprehensive examinations.)

4th semester (Spring)

ECO XX- Field

ECO XX - Field

ECO XX - Field

ECO XX - Field

(Upon the successful completion of the above courses, the student will be scheduled to sit for their field comprehensive.)

Job Placement

Students are placed in a variety of positions, including domestic and foreign tenure track academic, government, and private sector positions. The Economics Department establishes a Job Placement Committee, which aims to prepare senior PhD students interested in participating in the job market for PhD economists. The committee serves as a source of information and provides a variety of services for prospective job candidates and potential employers.

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