Curriculum
During the first year, students take a required core curriculum consisting of four semester courses
in the first term and one semester course and 6 half- semester modules in the second term.
Some core courses may be waived for students who have already taken equivalent courses by passing a waiver
exam. Students who waive a course will enroll in some other appropriate course subject to approval by the
Graduate Coordinator. All core courses must be completed during the first year.
Core Curriculum Details
First Term
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Course Title
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Mathematical Methods and Applications to Economics (1/2 semester)
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Game Theory (1/2 semester)
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Statistical Methods in Economics
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Microeconomic Theory
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Macroeconomic Theory
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Second Term
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Course Title
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Econometric Models and Methods
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Information Economics (1/2 semester)
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General Equilibrium & Welfare Economics (1/2 semester)
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Growth (1/2 semester)
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Best Empirical Practice (1/2 semester)
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Dynamic Economics (1/2 semester)
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Markets and Institutions (1/2 semester)
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Fields of Specialization
Each student undertakes intensive course work in at least three fields of specialization. The field courses
must be completed during the second year of study. At the end of the second year, the student takes written
qualifying examinations in at least two fields. The fields offerend are:
Industrial Organization
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Course Title
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Product Differentiation (1/2 semester)
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Regulation (1/2 semester)
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Regulatory Principles (1/2 semester)
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Empirical Industrial Organization (1/2 semester)
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Students planning to specialize in this field are required to take the following additional courses:
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Course Title
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Information, Incentives and Agency Theory
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Recommended: Game Theory or Econometrics for Micro Applications
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Econometrics
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Course Title
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Advanced Econometrics I
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Advanced Econometrics II
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Public Economics
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Course Title
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Welfare Economics and the Second Best (1/2 semester)
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Tax Theory and Public Policy (1/2 semester)
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Empirical Public Economics (1/2 semester)
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Public Expenditure Theory (1/2 semester)
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Economic Theory
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Course Title
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Game Theory
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Information, Incentives and Agency Theory
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Students planning to specialize in this field are required to take ONE of the following additional courses:
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Course Title
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Game Theory
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Information, Incentives and Agency Theory
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Econometrics for Micro Applications
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