The M.A.P.E. requirements are similar, but that program does not have a dissertation requirement. For students with previous graduate training, the number of required courses may be reduced to as few as eight. Such a reduction, however, does not exempt students from the requirements listed in section 2-6 following. In addition, students must pass a qualifying examination drawn from both microeconomics and macroeconomics by the beginning of their third semester after entering the Ph.D. program.
Students have two opportunities to take the qualifying examination.
Failing the exam twice results in terminations from the Ph.D. program. All students must pass comprehensive examinations in two fields with a minimum grade average of 3.0. Preparation for each comprehensive examination normally requires two full-semester courses. In addition, students must take at least two other courses. Each of these courses must be in distinct fields, and all must be in fields other than the ones in which the student took comprehensive exams.