PhD in Economics

Offered by the Economics Department of Rutgers-Newark, this program prepares students for scholarly research and teaching.  Primary areas of interest are labor, gender and migration economics, international trade, development economics, urban and transportation economics, and applied microeconomics.  


Requirements

Course work, the qualifying examination, and the dissertation

A total of 72 credits is required for the doctoral degree. These must include:

  • at least 18 credits in dissertation research.
  • at least 36 credits in degree courses. (This can be reduced only if some course requirements are waived.)
  • 6 credits in the early research requirements.

 

Additional enrollments may also be required:

  • Students are sometimes required to enroll in non-degree courses to improve their English or their writing. They may also need to enroll in the non-degree course Teacher Training Seminar as part of their preparation for teaching. These enrollments require payment of tuition, but they do not count towards the 72 credits required for the degree.
  • Students must enroll in 26:220:689 every semester until they have defended a dissertation proposal. This registration requires their attendance in the Economics Department's weekly seminar. A grade is given, but the enrollment is for zero credits and no tuition is charged. Applicants and potential applicants are also welcome in the weekly departmental seminar.

 

During the first two years, students are expected to take at least three courses for degree credit each semester. They should then take the qualifying examination in May at the end of their second academic year. The last two years of the program should be devoted primarily to completing the dissertation, though students may be advised to take some additional courses. For more details concerning rules and requirements that apply to all doctoral students in the Ph.D. in Management Program, see Policies and Procedures.

 

Methodology requirement (4 courses)

  • 26:220:551 or 26:711:561 Mathematics for Economists
  • 26:220:507 or 26:223:554 Econometrics
  • 26:223:655 Advanced Econometrics
  • 26:960:575 Introduction to Probability

Students may substitute other methodology courses for courses in this list that can be waived on the basis of previous work.

 

Major (5 courses)

  • 26:220:501 Microeconomic Theory
  • 26:220:502 Macroeconomic Theory
  • 26:223:685 Game Theory

Two additional doctoral courses in economics approved by the adviser, doctoral coordinator, and program director.

 

Minor (3 courses)

The minor must include at least three additional doctoral courses approved by the adviser, departmental coordinator, and program director. Normally they should be chosen to form a coherent program of study that supports the student's dissertation. Some possible areas of concentration for the minor, together with some appropriate courses, are listed below.

Global Economics

  • 26:220:518 International Trade
  • 26:220:519 International Economics II
  • 26:220:685 Development Economics

 

Financial Economics

  • 26:390:571 Investments
  • 26:390:572 Corporate Finance
  • 26:390:685 Floating Finance Seminar

 

Methodology

  • 26:198:621 Electronic Commerce
  • 26:960:685 Modern Statistics
  • 26:960:577 Introduction to Statistical Linear Models
  • 26:198:622 Machine Learning
  • 26:198:644 Data Mining
  • 26:620:685 Survey Research
  • 26:834:609 Qualitative Methods
  • 26:830:545 Research Design

 

First early research requirement (equivalent to one course): Write a paper (usually a literature review) with a faculty member, to be presented to the department during the fall semester.

 

Second early research requirement (equivalent to one course): Write a paper (ideally a dissertation proposal) with a faculty member, to be presented to the department during the fall semester.

 

Preparation to teach: Students who enter the program with financial support may need to be ready to teach an undergraduate course in their specialty in order to be sure of having an employment opportunity during the Summer. Those who do not already have teaching experience may want to consider the non-degree course in Teacher Training Seminar that is offered each spring semester.

 

Writing proficiency requirement: In late May or early June at the end of the first year, students participate in the program-wide Intensive Writing Seminar.

 

Other rules and requirements: For details of rules and requirements that apply to all doctoral students in the Ph.D. in Management Program, see Policies and Procedures.