Campuses:
This is archival data. This system was retired as of August 21, 2023 and the information on this page has not been updated since then. For current information, visit catalogs.umn.edu.
![]() |
Twin Cities Campus
Economics Ph.D.Economics
College of Liberal Arts
Link to a list of faculty for this program.
Contact Information
Department of Economics, 4-101 Hanson Hall, 1925 4th Street South, Minneapolis MN 55455 (612-625-6833; fax: 612-624-0209)
Email:
econdgs@umn.edu
Along with the program-specific requirements listed below, please read the
General Information section of
this
website for requirements that apply to all major fields.
Note: Students are admitted only for the PhD in economics; the MA is an optional part of the PhD program. The economics graduate program offers degree work in both theoretical and applied fields of economics with an emphasis on quantitative economic analysis. The strong quantitative component in this degree emphasizes multivariate calculus, linear algebra, and econometrics (statistical methods of economic data). Economics coursework consists of microeconomic theory, macroeconomic theory, economic growth, price theory, cost-benefit analysis, econometrics, economic modelling and forecasting, industrial organization, economic development, game theory, optimization theory, and financial, computational, international, mathematical, monetary, public, and labor economics. Fields of specialization and written preliminary examinations include microeconomic theory, macroeconomic theory, econometrics, economic growth and development, financial economics, game theory, computational economics, industrial organization, labor economics, international economics, mathematical economics, monetary economics, and public economics.
Program Delivery
Prerequisites for Admission
The preferred undergraduate GPA for admittance to the program
is 3.50.
Special Application Requirements:
Coursework in linear algebra and multivariate calculus is required.
Applicants must submit their test score(s) from the following:
International applicants must submit score(s) from one of the following tests:
The preferred English language test is Test of English as Foreign Language.
Key to test
abbreviations
(GRE, TOEFL, IELTS).
For an online application or for more information about graduate education admissions, see the
General Information section of this
website.
Program Requirements
24
credits are required in the major.
12 credits are required outside the major. 24 thesis credits are required.
This program may be completed with a minor.
Use of 4xxx courses towards program requirements is not permitted.
A minimum GPA of 3.20
is required for students to remain in good standing.
At least 3 semesters must be completed
before filing a Degree Program Form.
Coursework offered on both the A-F and S/N grade basis must be taken A-F, with a minimum grade of C earned.
The number of courses taken to prepare for the preliminary examinations is determined through consultation with the advisor.
Students may begin doctoral thesis credit registration, with advisor approval starting Year 2 of the program.
Required Core Courses (16 credits)
Take the following courses for 16 credits:
ECON 8101 - Microeconomic Theory
(2.0 cr)
ECON 8102 - Microeconomic Theory
(2.0 cr)
ECON 8103 - Microeconomic Theory
(2.0 cr)
ECON 8104 - Microeconomic Theory
(2.0 cr)
ECON 8105 - Macroeconomic Theory
(2.0 cr)
ECON 8106 - Macroeconomic Theory
(2.0 cr)
ECON 8107 - Macroeconomic Theory
(2.0 cr)
ECON 8108 - Macroeconomic Theory
(2.0 cr)
Electives (8 credits)
Select 8 credits from the following in consultation with the advisor. ECON 8990 cannot be used to meet degree requirements.
ECON 8xxx
Outside Coursework (12 credits)
Courses are selected in consultation with the director of graduate studies. ECON 8990 cannot be used to meet degree requirements.
CSCI 5302 - Analysis of Numerical Algorithms
(3.0 cr)
CSCI 5512 - Artificial Intelligence II
(3.0 cr)
CSCI 5521 - Machine Learning Fundamentals
(3.0 cr)
CSCI 5523 - Introduction to Data Mining
(3.0 cr)
CSCI 5525 - Machine Learning: Analysis and Methods
(3.0 cr)
CSCI 5715 - From GPS, Google Maps, and Uber to Spatial Data Science
(3.0 cr)
CSCI 5801 - Software Engineering I
(3.0 cr)
CSCI 8115 - Human-Computer Interaction and User Interface Technology
(3.0 cr)
ECON 8xxx
FINA 8802 - Theory of Capital Markets I: Discrete Time
(2.0 cr)
FINA 8803 - Theory of Capital Markets II: Continuous Time
(2.0 cr)
FINA 8810 - Topics in Asset Pricing
(2.0 cr)
FINA 8812 - Corporate Finance I
(2.0 cr)
FINA 8820 - Topics in Corporate Finance
(2.0 cr)
IE 8534 - Advanced Topics in Operations Research
(1.0-4.0 cr)
MATH 5485 - Introduction to Numerical Methods I
(4.0 cr)
MATH 5486 - Introduction To Numerical Methods II
(4.0 cr)
MATH 5615H - Honors: Introduction to Analysis I
(4.0 cr)
MATH 5616H - Honors: Introduction to Analysis II
(4.0 cr)
MATH 5651 - Basic Theory of Probability and Statistics
(4.0 cr)
MATH 5652 - Introduction to Stochastic Processes
(4.0 cr)
MATH 8201 - General Algebra
(3.0 cr)
MATH 8271 - Lie Groups and Lie Algebras
(3.0 cr)
MATH 8301 - Manifolds and Topology
(3.0 cr)
MATH 8302 - Manifolds and Topology
(3.0 cr)
MATH 8306 - Algebraic Topology
(3.0 cr)
MATH 8441 - Numerical Analysis and Scientific Computing
(3.0 cr)
MATH 8442 - Numerical Analysis and Scientific Computing
(3.0 cr)
MATH 8445 - Numerical Analysis of Differential Equations
(3.0 cr)
MATH 8501 - Differential Equations and Dynamical Systems I
(3.0 cr)
MATH 8502 - Differential Equations and Dynamical Systems II
(3.0 cr)
MATH 8520 - Topics in Dynamical Systems
(1.0-3.0 cr)
MATH 8571 - Theory of Evolutionary Equations
(3.0 cr)
MATH 8572 - Theory of Evolutionary Equations
(3.0 cr)
MATH 8583 - Theory of Partial Differential Equations
(3.0 cr)
MATH 8590 - Topics in Partial Differential Equations
(1.0-3.0 cr)
MATH 8601 - Real Analysis
(3.0 cr)
MATH 8602 - Real Analysis
(3.0 cr)
MATH 8651 - Theory of Probability Including Measure Theory
(3.0 cr)
MATH 8652 - Theory of Probability Including Measure Theory
(3.0 cr)
MATH 8659 - Stochastic Processes
(3.0 cr)
NSCI 5101 - Neurobiology I: Molecules, Cells, and Systems
(3.0 cr)
PSY 5015 - Cognition, Computation, and Brain
(3.0 cr)
PSY 5018H - Mathematical Models of Human Behavior
(3.0 cr)
PSY 5062 - Cognitive Neuropsychology
(3.0 cr)
PSY 5064 - Brain and Emotion
(3.0 cr)
PSY 5065 - Functional Imaging: Hands-on Training
(3.0 cr)
PSY 5137 - Introduction to Behavioral Genetics
(3.0 cr)
STAT 5101 - Theory of Statistics I
(4.0 cr)
STAT 5303 - Designing Experiments
(4.0 cr)
STAT 8054 - Statistical Methods 4: Advanced Statistical Computing
(3.0 cr)
STAT 8056 - Statistical Learning and Data Mining
(3.0 cr)
STAT 8101 - Theory of Statistics 1
(3.0 cr)
STAT 8102 - Theory of Statistics 2
(3.0 cr)
STAT 8501 - Introduction to Stochastic Processes with Applications
(3.0 cr)
Thesis Credits
Take at least 24 doctoral thesis credits.
ECON 8888 - Thesis Credit: Doctoral
(1.0-24.0 cr)
|
![]() |
|
![]() |
Credits: | 2.0 [max 2.0] |
Typically offered: | Every Fall |
Credits: | 2.0 [max 2.0] |
Typically offered: | Every Fall |
Credits: | 2.0 [max 2.0] |
Typically offered: | Every Spring |
Credits: | 2.0 [max 2.0] |
Typically offered: | Every Spring |
Credits: | 2.0 [max 2.0] |
Typically offered: | Every Fall |
Credits: | 2.0 [max 2.0] |
Typically offered: | Every Fall |
Credits: | 2.0 [max 2.0] |
Typically offered: | Every Spring |
Credits: | 2.0 [max 2.0] |
Typically offered: | Every Spring |
Credits: | 3.0 [max 3.0] |
Typically offered: | Every Spring |
Credits: | 3.0 [max 3.0] |
Course Equivalencies: | CSci 5512W/CSci 5512 |
Typically offered: | Every Spring |
Credits: | 3.0 [max 3.0] |
Typically offered: | Periodic Fall |
Credits: | 3.0 [max 3.0] |
Typically offered: | Periodic Fall & Spring |
Credits: | 3.0 [max 3.0] |
Typically offered: | Fall Even Year |
Credits: | 3.0 [max 3.0] |
Typically offered: | Spring Even Year |
Credits: | 3.0 [max 3.0] |
Prerequisites: | 2041 or # |
Typically offered: | Every Fall |
Credits: | 3.0 [max 3.0] |
Typically offered: | Periodic Fall & Spring |
Credits: | 2.0 [max 2.0] |
Typically offered: | Every Fall |
Credits: | 2.0 [max 2.0] |
Typically offered: | Every Spring |
Credits: | 2.0 [max 4.0] |
Grading Basis: | A-F or Aud |
Typically offered: | Fall Even Year |
Credits: | 2.0 [max 2.0] |
Typically offered: | Every Fall & Spring |
Credits: | 2.0 [max 4.0] |
Grading Basis: | A-F or Aud |
Typically offered: | Fall Odd Year |
Credits: | 1.0 -4.0 [max 8.0] |
Typically offered: | Periodic Fall & Spring |
Credits: | 4.0 [max 4.0] |
Typically offered: | Every Fall |
Credits: | 4.0 [max 4.0] |
Typically offered: | Every Spring |
Credits: | 4.0 [max 4.0] |
Typically offered: | Every Fall |
Credits: | 4.0 [max 4.0] |
Typically offered: | Every Spring |
Credits: | 4.0 [max 4.0] |
Course Equivalencies: | Math 5651/Stat 5101 |
Typically offered: | Every Fall & Spring |
Credits: | 4.0 [max 4.0] |
Typically offered: | Every Fall & Spring |
Credits: | 3.0 [max 3.0] |
Grading Basis: | A-F or Aud |
Typically offered: | Every Fall |
Credits: | 3.0 [max 3.0] |
Grading Basis: | A-F or Aud |
Typically offered: | Periodic Fall |
Credits: | 3.0 [max 3.0] |
Grading Basis: | A-F or Aud |
Typically offered: | Every Fall |
Credits: | 3.0 [max 3.0] |
Grading Basis: | A-F or Aud |
Typically offered: | Every Spring |
Credits: | 3.0 [max 3.0] |
Grading Basis: | A-F or Aud |
Typically offered: | Periodic Fall |
Credits: | 3.0 [max 3.0] |
Typically offered: | Every Fall |
Credits: | 3.0 [max 3.0] |
Typically offered: | Every Spring |
Credits: | 3.0 [max 3.0] |
Grading Basis: | A-F or Aud |
Typically offered: | Every Fall |
Credits: | 3.0 [max 3.0] |
Grading Basis: | A-F or Aud |
Typically offered: | Every Fall |
Credits: | 3.0 [max 3.0] |
Grading Basis: | A-F or Aud |
Typically offered: | Every Spring |
Credits: | 1.0 -3.0 [max 12.0] |
Grading Basis: | A-F or Aud |
Typically offered: | Periodic Fall & Spring |
Credits: | 3.0 [max 3.0] |
Grading Basis: | A-F or Aud |
Typically offered: | Every Fall |
Credits: | 3.0 [max 3.0] |
Grading Basis: | A-F or Aud |
Typically offered: | Periodic Spring |
Credits: | 3.0 [max 3.0] |
Grading Basis: | A-F or Aud |
Typically offered: | Every Fall |
Credits: | 1.0 -3.0 [max 3.0] |
Grading Basis: | A-F or Aud |
Typically offered: | Every Fall & Spring |
Credits: | 3.0 [max 3.0] |
Grading Basis: | A-F or Aud |
Typically offered: | Every Fall |
Credits: | 3.0 [max 3.0] |
Grading Basis: | A-F or Aud |
Typically offered: | Every Spring |
Credits: | 3.0 [max 3.0] |
Typically offered: | Every Fall |
Credits: | 3.0 [max 3.0] |
Typically offered: | Every Spring |
Credits: | 3.0 [max 3.0] |
Typically offered: | Every Fall |
Credits: | 3.0 [max 3.0] |
Grading Basis: | A-F or Aud |
Typically offered: | Every Fall & Spring |
Credits: | 3.0 [max 3.0] |
Typically offered: | Spring Even Year |
Credits: | 3.0 [max 3.0] |
Grading Basis: | A-F only |
Typically offered: | Periodic Fall |
Credits: | 3.0 [max 3.0] |
Typically offered: | Every Fall |
Credits: | 3.0 [max 3.0] |
Grading Basis: | A-F or Aud |
Typically offered: | Spring Odd Year |
Credits: | 3.0 [max 3.0] |
Typically offered: | Every Spring |
Credits: | 3.0 [max 3.0] |
Typically offered: | Every Fall |
Credits: | 4.0 [max 4.0] |
Typically offered: | Every Fall |
Credits: | 4.0 [max 4.0] |
Typically offered: | Every Fall, Spring & Summer |
Credits: | 3.0 [max 3.0] |
Prerequisites: | STAT 8053 or # |
Grading Basis: | A-F or Aud |
Typically offered: | Every Spring |
Credits: | 3.0 [max 3.0] |
Grading Basis: | OPT No Aud |
Typically offered: | Periodic Spring |
Credits: | 3.0 [max 3.0] |
Typically offered: | Every Fall |
Credits: | 3.0 [max 3.0] |
Typically offered: | Every Spring |
Credits: | 3.0 [max 3.0] |
Typically offered: | Periodic Fall |
Credits: | 1.0 -24.0 [max 100.0] |
Grading Basis: | No Grade |
Typically offered: | Every Fall & Spring |