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BUSINESS ECONOMICS
The doctoral program in Business Economics prepares students for an academic career in economics. The training is rigorous with grounding in all the central areas of the field. Unlike in economics departments, students have opportunities for cross-disciplinary work, combining economics with strategy, finance or marketing. Student success is fostered by the faculty’s active interest in supporting student learning, along with advising and supervising overall research efforts to help students realize their full potential.
Program Overview
The Olin Business Economics faculty members have a special interest in empirical and theoretical industrial organization. Research pursuits cover a wide range of subjects including industry studies, incentives in organizations, organizational design and the determinants of industry structure.
Two particular areas of strength are:
- Game theory, whether it is applied to auctions and other market mechanisms or to political processes.
- Bayesian statistics and econometric theory with focus on simulation-based methods of estimation and model choice for categorical data, time series and panel data.
Degree Requirements
Years 1 and 2
- Required microeconomics courses (2 semesters)
- Required econometrics courses (2 semesters)
- Required mathematics and statistics courses (2 semesters)
- Qualifying comprehensive exam
Year 3
- Topics paper under supervision of faculty adviser to be presented to faculty and students in the spring of the third year
- Concentration-specific seminars
Year 4
- Formation of committee and dissertation proposal in the fall of fourth year
- Concentration-specific seminars
Year 5
- Work with a faculty member on teaching methods and techniques
- Complete and defend dissertation
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