How is the PhD program structured?
After the first year, students have the opportunity to take comprehensive exams in microeconomics and macroeconomics. These exams are given every August and January. Students who fail either exam twice must leave the PhD program, and may elect to transfer into the MA program. During the second year, students take the required course work in each of two fields. After the second year, students take the field exams for the two fields that they have chosen. A student cannot flunk out of the program by failing field exams, but may be asked to pick a new field if the same exam is failed twice.
