The Economics Ph.D.
Do you find it easy to immerse yourself in dispassionate and impartial analyses of economic issues? Do you see yourself teaching the difficult and subtle interrelationships of economic incentives, opportunities, and outcomes? Do you hope to work in a field in which analytical economic expertise is productive? If you answer yes to one or more of these questions, then study toward the Ph.D. at Emory may be the right choice for you.
If you are primarily interested in applying economic concepts to business strategy questions involving marketing, production, and efficient organization, then a Master of Business Administration (MBA) program is probably your best choice. If you are primarily interested in policy analysis and issues related to government administration, then a degree from a public policy school may be appropriate, although a Ph.D. in economics can also lead to this kind of career. If you are interested in a research degree but prefer finance, marketing, management, or operations research, then a doctorate degree in business administration (DBA) is the right choice for you. Although the Ph.D. in economics and business are similar, research undertaken by economics graduate students is usually more motivated by policy issues rather than industry questions.
At Emory, we only admit students interested in obtaining the Ph.D. degree. Most graduate students are apprentice faculty who conduct research and teach courses. Many economics Ph.D.'s do indeed spend at least part of their careers in academia. Others pursue careers in full-time research in private research institutions, government, large corporations, financial institutions, or trade associations. For example, we have close ties with Atlanta Fed and a great record of placing students at the Federal Reserve, where they are engaged in policy work. You can obtain a list of our recent placement from the Graduate Program Coordinator in our department.
The Ph.D. in Economics at Emory
The Emory Ph.D. Program puts students on the "intellectual frontier" of the economic discipline by introducing them to the leading-edge theories and techniques. With this training, students can actively investigate research questions of particular interest and importance to them.
The hallmark of the Emory Ph.D. Program is close interaction between faculty and students. Classes are small and interactive and students have the opportunity to obtain a deep understanding of the material. The faculty are eager to mentor students and involve them in their research. In fact, many students write research papers with the faculty. In some cases, this work is integrated into the dissertation. Joint work is submitted to academic journals for publication. Students are provided the opportunity to present research in the weekly department seminars, as well as in non-Emory academic conferences.
Our key strengths are:
Small student to faculty ratio and small, interactive classes
Energetic, research-driven faculty
Close collaboration between faculty and students
Financial support contingent upon acceptable progress towards degree completion
No work requirement for the first year students, so they can focus on their coursework
Close ties with the Goizueta Business School, Rollins School of Public Health, and the Federal Reserve Bank of Atlanta for courses and research
The Economics Department at Emory University offers a Doctor of Philosophy (Ph.D.) in Economics, which is the highest degree awarded by universities. Students undertake an extensive program of study and research in economics. Ph.D. study culminates with a doctoral thesis, which is an original and thorough contribution to the subject. Successful students demonstrate original thinking and an inclination towards intensive research work.
Dr. Esfandiar "Essie" Maasoumi discusses the advantages of a Ph. D. in Economics from Emory University
Dr. Hugo Mialon shares the benefits of a Ph. D. in Economics from Emory University.
Our program has been ranked in a new article published in the Southern Economic Journal examining Ph.D. granting institutions for areas of expertise. Emory Economics ranked #13 in Law and Economics and #21 in General Economics and Teaching. See Grijalva, Therese and Clifford Nowell. 2008. A Guide to Graduate Study in Economics: Ranking Economics Departments by Fields of Expertise. Southern Economic Journal 74(4): 971-996.
The Emory Ph.D. program in Economics prepares students to become productive scholars and effective teachers in colleges and universities. Our graduates are also well prepared for research positions in private research organizations, industry, and government. Students first master the core areas of microeconomics, macroeconomics and probability/statistics/econometrics. They demonstrate their command of these subjects by passing comprehensive core examinations. The program also provides students with an understanding of research methodology and research methods and techniques, including econometrics and qualitative methods. During the second and third years, students focus their studies in specialized fields offered by the Department itself and interdisciplinary areas offered in cooperation with other departments and schools in the University.
We provide the student with the research training and tools necessary to contribute to the expansion of knowledge in economics. Our department has an intellectually challenging atmosphere of collegial scholarship. It provides the opportunity to study topics in the core fields of microeconomics, macroeconomics, and econometrics, in established fields of law and economics, health economics, public economics, international trade, and industrial organization, as well as topics beyond the traditional boundaries of economics such as neuroeconomics, social economics, and experimental economics.
The Ph.D. program in economics at Emory is a full-time program. While some students may earn their Ph.D. in four years, most will finish in five years. Graduate students are expected to reside in Atlanta area and take classes and conduct research at Emory. With rare exception, all graduate students receive a tuition waiver, a competitive stipend, and other benefits available to Emory students, provided they are in good standing in the program.
To learn more about our program, please browse our website. You may also contact us through email (econgrad AT emory.edu) or phone (404-727-6385).