Doctor's degree in Economics at Massachusetts Institute of Technology

 

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Doctor's Degree in Economics at Massachusetts Institute of Technology

Massachusetts Institute Of Technology
Doctor's degree
Economics

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-Degree Requirements-
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Economics is the study of all those aspects of individual and social activities related to the choice, production, distribution, and consumption of goods and services. In relation to these decisions, economics is concerned with the behavior and interaction of individuals, private firms, and other institutions and government agencies. Thus, economics contributes to the understanding of many important social problems: changes in efficiency and productivity, fluctuations in the overall levels of economic activity and employment, inflation, the effects of government deficits, the growth and decline of industries, changes in foreign exchange rates, increases in international indebtedness, and the behavior of the centrally planned and less developed countries.

A candidate for the doctorate must demonstrate a mastery of economic theory, including both microeconomics and macroeconomics, and four other fields of study; achieve a specified level of competence in economic history and econometrics; submit and defend a dissertation that represents a contribution to knowledge; and be in residence for a minimum of two years. Two of the four fields, including economic theory, are covered by the written General Examination. Two minor fields may each be satisfied by one year of coursework. The four major and minor elective fields may be chosen from advanced economic theory, econometrics, economic development, economic history, finance, industrial organization, international economics, labor economics, monetary economics, public economics, and urban economics.

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