This economics department page is focused on preparation for academic studies in economics (or closely related disciplines such as finance). Wesleyan’s Gordon Career Center maintains an excellent guide to graduate and professional studies in general, with a particular focus on preparation for non-academic careers. The GCC page will help students who are interested in degrees such as terminal masters degrees, MBAs, and JDs; this page will help only those students who are interested in PhDs.
General advice about graduate studies in economics
- American Economic Association guide to graduate studies
- The Committee on the Status of Women in the Economic Professionhttps://www.aeaweb.org/about-aea/committees/cswep recently published this report on navigating the PhD admissions process.
- Please see in particular the article that begins on page 5 of the report outlining the five pathways students typically follow to graduate studies in economics.
- It is increasingly common for students to do a pre-doctoral fellowship or research assistantship in between undergraduate and graduate studies. PREDOC is the central clearinghouse for pre-doctoral fellowships. The NBER maintains a good list of research assistant positions.
- Alphabetical list of US graduate programs prepared by the American Economic Association
- Guide to graduate studies prepared by Professor Jevay Grooms
Academic research preparation
- All upper-level electives and Econ 300: have a mandatory substantial research project, which typically is a long research paper.
- Honors theses: this is an opportunity for students to explore a topic in depth over an extended period of time.
- Summer: Students may participate in research with professors, not just in economics, through the Quantitative Analysis Center Summer Apprenticeship. Interested students should ask faculty about possible openings in Dec-Feb, and may also want to talk with Professor Kaparakis of the QAC.
- Academic year: There is no formal listing of such roles. Interested students should ask faculty about opening as far in advance as possible.
- Post-graduation: PREDOC is the central clearinghouse for pre-doctoral fellowships and the NBER maintains a list of research assistant positions
Math preparation
- AA guidance on math preparation for graduate studies
- Wesleyan economics faculty have compiled the following recommendations based on recent alumni who were or were not accepted to PhD programs in economics. We note that some students may be admitted to some graduate programs without these classes but they may then have to play catch-up during the first year of graduate school, a year which is already quite demanding.
WesMaps Course |
Subject |
Essential |
Very useful |
Extra |
Econ 385 |
Econometrics |
*** |
|
|
Math 121-122 |
Calculus |
*** |
|
|
Math 221 or 223 |
Vectors and Matrices or Linear Algebra |
*** |
|
|
Math 222 |
Multivariable Calculus |
*** |
|
|
Math 225 |
Real Analysis |
*** |
|
|
Math 228 |
Discrete Mathematics |
|
** |
|
Math 229 |
Differential Equations |
|
** |
|
Math 231 |
Probability |
* |
* |
|
Math 233 |
Stochastic processes |
|
|
* |
Math 244 |
Topology |
|
** |
|
Math 273 |
Combinatorics |
|
* |
* |
Note: each asterisk denotes roughly 3-5 faculty who expressed a particular opinion |
Alumni in the profession
This page includes all the alumni whom we know received a masters or PhD in economics (not professional/vocational degrees such as MBAs).
Please notify the department chair or administrative assistant if you know of any omissions.
Programs to support under-represented students
- American Economic Association Summer and Scholarship Program
- Duke Pre Graduate Fellows Program
- Expanding Diversity in Economics Summer Program
- Hot Metal Bridge Post Bac Program
- Maryland Summer Research Initiative
- Research in Color
- Sadie Collective
Note: Wesleyan’s Mellon Mays and McNairs programs exclude economics as an eligible field of study.
This is probably a very incomplete list of programs that are operational now. Please notify the department chair or administrative assistant if you know of any omissions.