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Graduate Study in Economics |
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Advice to Economics Majors Who Plan to Seek the Ph.D. Degree in Economics Any student considering attending graduate school in economics, after completing Economics 1-103, should see the Advisor on Graduate Studies in Economics, Prof. Petra Todd. He will help the student design a program of courses and outside studies and will guide the student through the process of applying to graduate programs. For students who are considering a Ph.D. program in Economics, the acquisition of a good background in mathematics can enhance their ability to gain admission into a good Ph.D. program in economics with financial support, and once in a program, to advance quickly without unnecessary pains. Further information can be found at the following website: http://www.upenn.edu/careerservices/gradprof/grad/gradecon.html.
Mathematics: Mathematical maturity and knowledge is extremely important for graduate
studies in economics. Mathematics courses like Mathematics 360 and 361
(Advanced Calculus) are an ideal preparation. In addition, courses in
linear algebra (Mathematics 412 or 370--both courses cover linear algebra
with 370 being the more advanced course) and one probability theory course
(e.g. Statistics 430) are strongly advised. Mathematics 508 and 509 (Advanced
Analysis) cover, at a more advanced level, the same material as Mathematics
360 and 361 and are even better preparation for graduate study in Economics.
Economics Courses: Students should take Economics 1-103, and 220, preferably honors sections (if offered). (Students with Advanced Placement waivers in Economics 1 and 2 may proceed directly to Economics 101 and 102.) To enhance their training in micro theory beyond Economics 101, students should take Economics 212, or Economics 681 and 682.
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