The Ph.D. Columbia University's Department of Economics program trains students to conduct cutting-edge research in economics. Students on our program conduct research in all major areas of economics, including microeconomics, macroeconomics, econometrics, international economics, labor economics, public finance, industrial organization, development economics, and urban economics. Our department offers a solid education in theoretical economics as well as in applied and empirical economics. The Ph.D. The program is primarily aimed at students interested in a career in teaching and research in academia, but is also useful for students interested in specific positions in government, research organizations, or private companies.
The first two years of our Ph.D. Program is largely devoted to rigorous coursework. However, after the second year, students devote most of their time to their own research under the supervision of faculty advisors. Students in our program usually complete their Ph.D. in 5 or 6 years.
Admission to the Ph.D. Program is very selective. We receive around 1,000 applications for an incoming class of around 25 students each year. We place great emphasis on attracting the best minds and recruiting members of groups that both enhance the diversity of research in the field and contribute to the diversity of the university's academic and professional community.
The Ph.D. The program has a long and illustrious history. The program's alumni include some of the most distinguished economists of the last century - including Nobel Prize winners Kenneth J. Arrow, Milton Friedman, Simon Smith Kuznets, and William S. Vickrey.