Those interested in theory receive instruction in economic institutions and empirical analysis. Students are encouraged to complement their economics courses with courses in mathematics, statistics, game theory, and optimization. First, enrollment in the Program is small. This permits unexcelled faculty-student contact and allows students to become involved in research. Students work first as assistants on faculty research projects and, as their interests and skills develop, on their own research.
Students often begin their publishing careers before completing their degrees.
Third, the Program is located in a top-ranked professional school. This setting allows students to gain a deeper understanding of the actual processes of business decision making and public policy formulation. Preparation and Qualifications Students who enroll in this program have a substantial background in economics and mathematics. They are expected to have, minimally, mathematical skills at the level of one year of advanced calculus and one course each in linear algebra, analysis, probability, optimization, and statistics. The faculty selects students based on predicted performance in the Program.