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The Doctor of Philosophy is a research degree. It signifies
that the recipient is able to conduct independent research and has both a broad
basic knowledge of all areas of economics and a comprehensive knowledge of one
area in particular. To qualify for the doctorate, a student must satisfactorily
complete graduate studies totaling at least 72 points (at least 64 in residence
at New York University), pass three Ph.D. comprehensive examinations (in
microeconomics, macroeconomics, and one area of specialization), write and present a third-year paper and, finally, defend an
acceptable dissertation. Fields of specialization include economic theory
(including game theory), monetary theory and macroeconomics, political economy,
econometrics, industrial organization, international economics, labor
economics, development economics, and Austrian economics.
After
passing all three Ph.D. comprehensive examinations and having completed 72
points of graduate work, a student is asked to submit a formal dissertation
proposal. This serves as the basis for a preliminary oral examination. When the
dissertation is completed and approved by three faculty members, a public oral
examination is held, at which research results are presented and defended by
the candidate before a faculty committee.
Reading
proficiency in a foreign language is required, demonstrated by any of the
methods described in the Degree Requirements section of this bulletin.
Course
requirements include Mathematics for Economists I (G31.1021) and II (G31.1022);
Microeconomic Theory I (G31.1023) and II (G31.1024); Macroeconomic Theory I (G31.1025)
and II (G31.1026); Econometrics I (G31.2100) and II (G31.2101); and either
Macroeconometrics (G31.2102) or Microeconometrics (G31.2103).
Ph.D.
students must register for at least two 3000-level courses (advanced courses,
seminar/workshops).
A typical
schedule might resemble the following:
First Year
Fall Semester
Microeconomic Theory I
Macroeconomic Theory I
Mathematics for Economists I
Econometrics I
Spring Semester
Microeconomic Theory II
Macroeconomic Theory II
Mathematics for Economists II
Econometrics II
Second Year
Fall Semester
Microeconometrics
Field Course I (Part I)
Field Course II (Part I)
Elective Course
Spring Semester
Macroeconometrics
Field Course I (Part II)
Field Course II (Part II)
Elective Course
Third Year
Fall Semester
Seminar Workshop
Spring Semester
Seminar Workshop
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