Economics, PhD

Doctoral Candidacy

To earn a PhD at Washington University, a student must complete all courses required by their department; maintain satisfactory academic progress; pass certain examinations; fulfill residence and Mentored Experience Requirements; write, defend, and submit a dissertation; and file an Intent to Graduate. For a general layout of doctoral degree general requirements in Arts & Sciences, including an explanation of Satisfactory Academic Progress, students should review the Doctoral Degree Academic Information page of the Arts & Sciences Bulletin.

Program Requirements

  • Total Units Required: 30 (Note: Remission applies for a maximum of 72 graduate-level units.)
  • Degree Length: 5 to 6 years
    • Note: Students must be enrolled in 9 graduate credits each semester to retain full-time status. As students complete their course work, if enrolled in fewer than 9 graduate credits, they must enroll in a specific Arts & Sciences graduate course that will show 0 units but does count as full-time status. Students should connect with their department to ensure proper enrollment prior to Add/Drop.
    • Funding is available for 6 years.

PhD in Economics

General Course Requirements

The PhD in Economics takes five years to complete and requires at least 30 units of 500-level courses with a 3.0 grade point average. Students may transfer up to 24 units of graduate credits completed elsewhere, but they are advised to make such a transfer only after consultation with the director of graduate studies.

Courses taken must include the following:

  1. Microeconomic theory and macroeconomic theory: 12 units (Econ 501, Econ 502, Econ 503, Econ 504); and
  2. Quantitative methods and econometrics: 9 units (Econ 511, Econ 512, Econ 5161).

An Ideal Chronology of PhD Study

Summer Before the First Year (August)

  • Mathematics review and statistics review

Year 1

Core Courses:

Fall Semester Spring Semester
Econ 501 Macroeconomics I Econ 502 Macroeconomics II
Econ 503 Microeconomics I Econ 504 Microeconomics II
Econ 511 Quantitative Methods I Econ 512 Quantitative Methods II
Econ 5161 Applied Econometrics

Year 2

  • Preliminary exams in late August; retake preliminary exams (if necessary) in January
  • Field courses
  • Research paper proposal 

Year 3

  • Complete research paper
  • Dissertation proposal 

Year 4

  • Write dissertation
  • Prepare and present job market paper

Year 5

  • Enter the job market
  • Finish and defend the dissertation

More information on degree requirements may be found on the Department of Economics website.

Qualifying Examinations

Progress toward the PhD is contingent upon the student passing examinations that are variously called preliminary, qualifying, general, comprehensive, or major field exams. The qualifying process varies according to the program. In some programs, it consists of a series of incremental, sequential, and cumulative exams over a considerable time. In others, the exams are held during a relatively short period of time. Exams may be replaced by one or more papers. The program, which determines the structure and schedule of the required examinations, is responsible for notifying the Office of Graduate Studies, Arts & Sciences, of the student’s outcome, whether successful or unsuccessful.

In economics, students must qualify to advance to the dissertation stage in each of three core fields: microeconomics, macroeconomics, and econometrics. In each field, students may qualify by achieving an A- or higher in their first-year coursework, or through a qualifying exam. Exams are given in August at the beginning of the second year, with a second attempt available in January. 

Mentored Experience Requirements

Doctoral students at Washington University must complete a department-defined Mentored Experience. The Mentored Experience Requirement is a doctoral degree milestone that is notated on the student’s transcript when complete. Each department has an established Mentored Experience Implementation Plan in which the number of units that a student must earn through Mentored Teaching Experience(s) and/or Mentored Professional Experience(s) is defined. The Mentored Experience Implementation Plans outline how doctoral students within the discipline will be mentored to achieve competencies in teaching at basic and advanced levels. Some departments may elect to include Mentored Professional Experiences as an avenue for completing some units of the Mentored Experience Requirement. Doctoral students will enroll in LGS 6XXX Mentored Teaching Experience or LGS 7020 Mentored Professional Experience to signify their progression toward completing the overall Mentored Experience Requirement for the degree.

The Doctoral Dissertation

A Research Advisory Committee (RAC) must be created no later than the end of the student’s third year; departments may set shorter timelines (e.g., by the end of the student's second year) for this requirement. As evidence of the mastery of a specific field of knowledge and of the capacity for original scholarly work, each candidate must complete a dissertation that is approved by their RAC.

Title, Scope & Procedure Form for the dissertation must be signed by the committee members and by the program chair. It must be submitted to the Office of Graduate Studies, Arts & Sciences, at least 6 months before the degree is expected to be conferred or before beginning the fifth year of full-time enrollment, whichever is earlier.

Doctoral Dissertation Guide & Template that give instructions regarding the format of the dissertation are available on the website of the Office of Graduate Studies, Arts & Sciences. Both should be read carefully at every stage of dissertation preparation.

The Office of Graduate Studies, Arts & Sciences, requires each student to make the full text of the dissertation available to the committee members for their review at least 1 week before the defense. Most degree programs require 2 or more weeks for the review period; students should check with their faculty.

The Dissertation Defense

Approval of the written dissertation by the RAC is necessary before the student can orally defend their dissertation. The Dissertation Defense Committee that observes and examines the student’s defense consists of at least five members, who normally meet these criteria:

  • Three of the five must be full-time Washington University faculty members or, for programs offered by Washington University-affiliated partners, full-time members of a Washington University-affiliated partner institution who are authorized to supervise PhD students and who have appropriate expertise in the proposed field of study; one of these three must be the PhD student’s primary thesis advisor, and one may be a member of the emeritus faculty. A fourth member may come from inside or outside the student’s program. The fifth member must be from outside the student’s program; this fifth member may be a Washington University research professor or lecturer, a professor from another university, or a scholar from the private sector or government who holds a doctorate and maintains an active research program.
  • Three of the five normally come from the student’s degree program; at least one of the five must not.

All committees must be approved by the Office of Graduate Studies, Arts & Sciences, regardless of whether they meet the normal criteria.

The committee is appointed by the Office of Graduate Studies, Arts & Sciences, upon the request of the degree program. The student is responsible for making the full text of the dissertation accessible to their committee members for their review in advance of the defense. Faculty and graduate students who are interested in the subject of the dissertation are normally welcome to attend all or part of the defense but may ask questions only at the discretion of the committee members. Although there is some variation among degree programs, the defense ordinarily focuses on the dissertation itself and its relation to the student’s field of expertise.

Submission of the Dissertation

After the defense, the student must submit an electronic copy of the dissertation online to the Office of Graduate Studies, Arts & Sciences. The submission website requires students to choose among publishing and copyrighting services offered by ProQuest’s ETD Administrator.  The degree program is responsible for delivering the final approval form, signed by the committee members at the defense and then by the program chair or director, to the Office of Graduate Studies, Arts & Sciences. Students who defend their dissertations successfully have not yet completed their PhD requirements; they finish earning their degree only when their dissertation submission has been accepted by the Office of Graduate Studies, Arts & Sciences.

Master's Degree Along the Way/
In Lieu of a PhD

Students who do not pass preliminary qualifications are usually eligible for a master's degree based on course work, in lieu of a PhD.

Contact Info

Phone:314-935-5670
Email:economics@wustl.edu
Website:http://economics.wustl.edu/graduate