PhD Program In Economics

In Our PhD program, which specializes in health economics, you will begin with core training in economic theory and econometrics, emphasizing microeconomic theory and microeconometrics.

The program offers a two-course field sequence in health economics as well as a course focusing on the institutional context of health, health care, and health insurance.

Importantly, you will also take Ph.D. minor courses in a field such as biostatistics, epidemiology, bioethics, or health policy, giving you the necessary background for working in the interdisciplinary teams with whom health economists often interact.

In addition to econometric theory, we will also offer a year-long empirical econometrics sequence, emphasizing statistical packages, working with large datasets, problems in applied econometrics and proposal writing.

Our program features strong disciplinary training in micro economic theory, econometrics, and health economics enhanced with exposure to other related disciplines central to health and health care.

Admission Requirements:

Required Coursework:

  • Bachelor’s degree from an accredited college or university
  • Minimum 3.0 grade point average on a scale of 4, with a minimum 3.0 average in the major field.
  • Course sequence in univariate& multivariate calculus (equivalent to MATH M165, M166, & M261 at IUPUI.)
  • Linear algebra (equivalent to Math M351 at IUPUI).
  • Either Statistics or Econometrics:calculus-based undergraduate level course in probability or statisticsOR- any undergraduate statistics course plus a course in introductory econometrics (equivalent to E270 and E470 at IUPUI).
  • Intermediate Microeconomic Theory (equivalent to E321 at IUPUI)

Recommended Coursework

  • Course sequence in Mathematical Analysis (equivalent to Math M441 and Math M442 at IUPUI).
  • Additional courses in Economics.

Required Testing

  • Graduate Record Examination (GRE) General Test (Quantitative, Verbal and Analytical Writing).
  • Successful candidates typically have quantitative scores at or above 155 (new scoring system) or 700 (old scoring system). Analytical Writing and Verbal scores can be somewhat lower.

For non-native English speakers who did not attend college in the U.S.

  • Test of English as a Foreign Language (TOEFL). We generally look for TOEFL scores of 100 or better.

OR

  • International English Language Testing System IELTSThe minimum acceptable IELTS score is 6.5; in practice, we look for an IELTS of 7 or more. It is required that applicants take the academic reading and writing modules, not the general training reading and writing modules.
    Undergraduate Record

Applications will be viewed in their entirety wherein a candidate’s outstanding qualifications in one area can be balanced against more marginal qualifications in another dimension. However, admission is competitive and financial support even more competitive. Most of the students admitted and supported will exceed the minimal requirements.

The University also awards one-year University Fellowships to a highly select group of incoming PhD students. This Fellowship includes no work requirement. The University Fellowship stipend is $22,500 and, in addition to tuition and health insurance as above, includes a travel allowance for conference travel. Students that receive University Fellowships in their first year are awarded a Teaching or Research Assistantship in the subsequent four years at a stipend level of $22,000.

For More information contact:

PhD Program Director
Wendy Morrison
Department of Economics
(317) 274-2207