PhD Program in Applied Economics and Management

PhD Degree Requirements

Please note: The following degree program requirements are general requirements. Each student should check with his or her Special Committee for additional course requirements, and students should also check with the Dyson School’s Director of Graduate Studies (DGS) and the Graduate Field Assistant for additional requirements of the Graduate School and the Applied Economics and Management (AEM) Graduate Field.

  1. Special Committee: PhD students must select the chair of their Special Committee by the end of the third week of their first semester. By the end of the 3rd semester you must have your three member committee consisting of your chair and two minor members.
  2. Weekly seminar course: Required for all new PhD students in their first two years and they must enroll in AEM 7030.
  3. Dyson School/Applied Economics and Policy (AEP) seminars: In the first two years of the PhD program, all PhD students must register for AEM 7030 and attend the weekly Applied Economics & Policy Seminars. Attendance is taken at each seminar. The schedule for these seminars can be found here. To obtain a satisfactory grade in AEM 7030, students must have at least 70% attendance in the Dyson/AEP seminars.
  4. Registration units: six full-time semesters of course study (minimum of 12 credit hours per semester) is required.
  5. A grade of B- or better is required in all of the following mandatory courses during the first year of the PhD program: AEM 7010, AEM 7011, AEM 7020, AEM 7021, AEM 7100, ECON 6090, ECON 6170, and ECON 6190. During the second year of the PhD program, all students must take one macroeconomics course (ECON 6130 or ECON 6140), one additional econometrics class (e.g., ECON 6200, ILRLE 7410, ILRLE 7420, ECON 7230, PAM 6090, PAM 6091), Applied Microeconomics Research I and II (AEM 7150 and AEM 7151) and at least six credits of elective courses in the student’s major area of specialization [Environment, Energy and Resource Economics (EERE), Food and Agricultural Economics (FAE), International and Development Economics (IDE), and Management (MGMT)].
    Note: must receive a minimum grade of B- in each course (required or elective) to be in good standing and meet the Graduate School requirement. For continued financial aid, however, the AEM Graduate Field requires no less than one B- in a semester.
  6. Passing grade on the graduate field of Applied Economics and Management qualifying examination (also called the “Q” exam), usually taken at the end of the second semester. The Q-exam is based on material covered in AEM 7010, AEM 7011, AEM 7020, and AEM 7021.
    Note: Failure to meet the minimum grade requirement of B- or better in all of the required and elective classes, failure to maintain at most one B- per semester, and/or failing to pass the AEM “Q” Exam will result in the student’s removal from the PhD program in the graduate field of Applied Economics and Management.
  7. Mentored research paper (AEM 7150 & AEM 7151): The paper should address an applied economics issue and should be of quality to eventually be publishable in a top field journal. Work should begin in the summer following the first year of the qualifying exam. Passing grade is required on the research paper in the summer following the second year of the PhD program.
  8. Admission to candidacy exam (also called the “A” exam) is taken at the completion of the required coursework, although this does not preclude taking courses after the “A” exam.
  9. AEM 7675: All AEM PhD students fourth year and beyond are required to register in AEM 7675 and present their research each spring semester (students on the job market and on leave of absence are exempt).
  10. Final oral dissertation examination (also called the “B” exam). Please note: The Graduate School requires two full-time semesters of course study between the “A” exam and the “B” exam.
  11. Submission of PhD dissertation.

First and Second Year PhD Coursework Template

Year 1

Fall Semester

ECON 6090 (Microeconomic Theory I)
ECON 6170 (Intermediate Mathematical Economics I)
ECON 6190 (Econometrics I)
AEM 7010 (Applied Microeconomics I – Production)
AEM 7011 (Applied Microeconomics I – Consumption)

Spring Semester

AEM 7020 (Applied Microeconomics II: Game Theory)
AEM 7021 (Applied Microeconomics III: Applied General Equilibrium Analysis)
AEM 7100 (Econometrics I)

Year 2

Fall Semester

AEM 7150 (Applied Microeconomic Research I)
Either ECON 6130 (Macroeconomics I)
Econometrics Elective
Major Area Elective

Spring Semester

AEM 7151 (Applied Microeconomic Research II)
OR ECON 6140 (Macroeconomics II)
Econometrics Elective
Major Area Elective

Please Note

  1. Students on a teaching or research assistantship should expect three credit hours of time will need to be allocated to the teaching or research assistantship each semester.
  2. Courses necessary for each major and minor are determined by the student’s Special Committee. Some concentrations (e.g., Finance) require written qualifying examinations.

Student Spotlight

Oleg Firsin

Oleg Firsin

Vilnius, Lithuania

Anticipated Degree and Concentration

Ph.D., International and Development Economics

Why I Chose the Dyson School

I chose Dyson for the intellectually stimulating and dynamic research environment and its particular strength in development economics.