Economics (ECON)FacultyChair Distinguished University Professor Professor Professor Emerita Professor Emeritus Associate Professor Associate Professor Emeritus Faculty Research Associate Assistant Professor AbstractThe Economics Program offers graduate study leading to the Doctor of Philosophy degree. During the course of study toward the Ph.D., doctoral students also are offered the opportunity to obtain a Master of Arts degree. Areas of specialization include: advanced macroeconomics, advanced microeconomic theory, comparative institutional economics, econometrics, economic development, economic history, environmental and natural resource economics, industrial organization, international finance, international trade, labor economics, political economy, and public economics. Admissions Information
By the application deadline, applicants should have completed advanced undergraduate courses in microeconomics, macroeconomics, and econometrics. Applicants are also expected to have completed the equivalent of three semesters of calculus, a semester of linear algebra, and a semester of differential equations. The majority of admitted students have also completed course work in real analysis or other upper-level mathematics. The Graduate Record Examination (GRE) Aptitude test is required. Submitted GRE scores must be valid through January 15, 2010. All of the Department's graduate students are full-time students.
Degree Requirements
Master of Arts (M.A.)
The graduate program in the Department of Economics is designed for Ph.D. students. We do not offer a terminal Masters program and we will not accept or enroll students for the single purpose of acquiring a Masters degree. Doctoral students may obtain a Master of Arts Degree during their course of doctoral study, requirements of which (30 hours, including Economics 623-624, a written examination in economic theory, and a research paper) are met automatically in the course of the Ph.D. program in economics.
Doctor of Philosophy (Ph.D.)
The Department of Economics at the University of Maryland prepares graduate students for careers in teaching, research, and government service. The course of study provides a solid foundation in economic theory, econometrics and applied fields. The Ph.D. program requires: (1) a written examination in economic theory, normally taken at the end of the summer after the first year of study, (2) a written examination or field paper in a major field, (3) completion of a two-course sequence in a minor field, (3) completion of an econometrics sequence, (4) additional work in theory, econometrics and applied fields, and (5) a dissertation. In the third year, students begin directed research by participating in workshops appropriate to their dissertation research. Financial Assistance
Many students entering our graduate program receive financial aid. Some students receive graduate assistantships, requiring about 15 hours of teaching or research service per week. Graduate assistantships provide a stipend and a very attractive package of fringe benefits that include medical insurance and full tuition remission. Other students receive first-year fellowships. These fellowships also include a stipend, medical insurance and tuition remission, but do not require students to work as a teaching or research assistant. In most cases, fellowships convert to assistantships beginning in the second year. Students who enter our program with financial aid are guaranteed financial aid for two years in all cases, and for four years conditional on satisfactory progress in the program. While not guaranteed, a fifth year of financial aid is usually available for students making satisfactory progress. Contact InformationFor more informaton on our program, please go to our website at http://www.econ.umd.edu/graduate/overview
Director of Graduate Studies in Economics
current URL: http://www.gradschool.umd.edu/catalog/programs/printable.cfm?CODE=75
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