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Entering students are expected to have strong foundation in economic theory and quantitative methods. At a minimum, applicants are expected to have completed coursework in Intermediate Microeconomic Theory, at least one year of Calculus, and Introductory Statistics with high grades. Any deficiencies in these areas must be remediated by taking the appropriate coursework, which is not counted toward advanced degree credit requirements. Failure to take remedial coursework can lead to less-than-satisfactory progress in the first semester and may result in dismissal from the program. The admissions committee looks favorably on applicants with additional training in Econometrics, Linear Algebra, and Mathematical Statistics. Before the start of the first semester, students are required to attend a two-week Summer Math Class. 

Although it is not a requirement, many students entering at the Ph.D. level will already have a Master's degree in Economics or a closely related field. Some Ph.D. applicants are admitted to our M.S. program and then encouraged to reapply to the Ph.D. program after one or two semesters. This process does not usually require additional time to complete the Ph.D.