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The PhD program
in Economics: Program Requirements
1. Course Requirements
The curriculum of the PhD program comprises:
-) introductory quantitative requirements,
-) a sequence of core and required courses,
-) minimum course requirement of at least 36 credits,
-) economics seminars, and
-) a research thesis
Introductory Quantitative Requirements
Students are required to pass two specific mathematics-oriented
courses unless they have clearly
completed the same requirements. They are,
ECON 5100 Mathematics for Business and Economics and
ISOM 5540 Introduction to Probability
These courses are offered in fall upon they commence the program.
The credits earned from these two courses are not counted toward the
graduation requirements.
Required Courses
ECON 5210 Microeconomic Theory I
ECON 5220 Microeconomic Theory II
ECON 5250 Macroeconomic Theory I
ECON 5260 Macroeconomic Theory II
ECON 5300 Econometrics
ISOM 5550 Statistical Methods for Business and
Economics I
LANG 5010 Postgraduate English for Academic
Purposes
Field Courses
- First economics field area
- Second economics field area
Research Courses
ECON 7800 Economics Seminar (1 credit each for 2 semesters)
ECON 7990 Doctoral Thesis Research
In the first semester of the first year, doctoral students must take
ECON 510, ECON 521, ECON 525, ISOM
581 and LANG 501. In the second semester of the first year, PhD students must
take ECON 522, ECON 526,
ECON 530 and ISOM 582. Students need to take 3 field courses in their second
year of study.
2. Qualifying Examination
The qualifying examination comprises two parts - a comprehensive
examination in economic theory and two major field examinations
based on student's choice of emphasis. The exam on theory consists
of written examinations in microeconomics and in macroeconomics.
Full time students must make the first attempt at the economic
theory examinations by the end of the first year of study, and take
the field examinations by the end of the second year. Both
exams usually held on June.
Students sitting for the comprehensive examination in economic
theory for the first time must take
the examinations in both microeconomics and in macroeconomics after
their first year of study.
Students sitting for the major
filed examinations for the first time must write the examinations in
both of the chosen fields.
3. Second and Third Year
Requirements
3.1 Field Courses Requirement
Upon proceeding to the second year, students are required to choose
two field studies, each
consisting of two continuing or related courses. Course instructors
or supervisors of the courses
will collaborate to take charge of the qualifying examination.
3.2 Research Proposal and Presentation
After passing the qualifying examination on economic theory,
students must submit research
proposals to the PhD Coordinator by the end of the second year (no
later than their first attempt of
the major filed examinations), and prepare and present the paper by
the end of second year of
study. The paper must be approved by the department's faculty
members.
Before the formal presentation of the research proposal, students
must prepare an additional
interim report. At the beginning of the second semester of their
second year of study, students are
required to give a 30-minute presentation of what they intend to do
in the two field research topics.
This is a report on the orientation and the progress of students’
research.
3.3 Thesis Proposal and Admittance to Candidacy
After passing the major field exam and acceptance of the research
paper by the department, students should form a thesis committee to direct their thesis
research. A thesis proposal
presentation will be scheduled only after the thesis committee
concludes that a suitable topic has
been identified and a sufficient amount of preliminary work has been
completed. Once the thesis
committee approves the memorandum, it becomes a Thesis Agreement
among the student, the
thesis committee and the SBM PhD Program. The student is then
admitted to candidacy and can
proceed to completing the thesis in accordance with the Agreement.
4. The Dissertation:
Each candidate for the Ph.D. degree must submit an acceptable
dissertation, embodying
publishable original research on an approved topic.
Students conduct PhD research under the general supervision of a
thesis committee of at least
three faculty members, one of whom is the designated thesis
supervisor. Normally, as soon as
possible after the Comprehensive Examinations, the PG Coordinator,
in consultation with the
student, shall appoint an advisor in the field in which the student
plans to write the dissertation. This advisor shall be responsible
for supervising the preparation of the thesis proposal. Until the
thesis advisor is appointed, the student's advisor shall continue to
supervise his/her progress.
[MSc program]
[Department of Economics]
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