This work is focused on two-semester course sequences in microeconomics, macroeconomics and econometrics. These courses provide a logically and mathematically rigorous knowledge of the fundamental theories and techniques of economic analysis. Comprehensive Examinations in both Micro and Macro Economic Theory are required at the end of the first year. By the time introductory courses are completed, a student is ready to to begin taking part in the research activities of the department - the second stage of study. Research activities may take a variety of forms.
Students participate in a large number of seminars and workshops.
At some of these, faculty, advanced students, and postdoctoral fellows present their research in progress. At others, economists visiting from other universities present the results of their research. These offer students exposure to a variety of perspectives on research topics, and an opportunity to hear lively debates that clarify the areas of disagreement between competing theories or interpretations of evidence. It is not unusual for such a seminar discussion to serve as the beginning of a student's dissertation research. Students also begin their own independent research in the second year of study.