Prep To Apply For an Economics PhD

Alvin Christian, an Econ PhD candidate at the University of Michigan, provides a comprehensive guide to applying for Economics PhD programs in the U.S. This guide includes detailed advice on application components, research experience, letters of recommendation, math requirements, the GRE, and the statement of purpose. Alvin draws from his own experience and research, as well as insights from current graduate students and professors.

Application Components:
1. Three Letters of Recommendation
2. Transcripts (unofficial accepted by most schools)
3. GRE Score ($27 per school)
4. Statement of Purpose
5. Writing Sample (e.g., thesis, research paper, or proposal)
6. Application Fee (approximately $100 per school)

Research Experience:
- Aim for at least 1-2 years of research experience.
- Undergraduates should seek RA opportunities with professors.
- Independent studies, theses, or graduate coursework can also be valuable.
- For those out of school, consider Pre-Doc positions.

Letters of Recommendation:
- Crucial component of the application.
- Seek letters from well-known and respected professors.
- Build strong relationships with potential letter writers.
- Provide resume/CV and draft of statement of purpose to letter writers early.

Math Courses:
- Necessary: Single Variable and Multivariable Calculus (Calc I-III), - Linear Algebra, Real Analysis.
- Highly Recommended: Differential Equations, Probability Theory, Mathematical Statistics.
- Advanced (for showing-off): Topology, Stochastic Processes, - Complex Analysis, Measure Theory.

GRE:
- Aim for a near-perfect quantitative score (≥ 167).
- Practice extensively using resources like Magoosh.
- Consider retaking the test if initial scores are unsatisfactory.

Statement of Purpose:
- Highlight research agenda and relevant experiences.
- Be concise and clear, aiming for around 1,000 words.
- Tailor the SOP to each program.
- Include interesting research questions and potential methodologies.

Choosing Programs:
- Apply to 20-30 programs to increase chances of acceptance.
- Consider program rankings, research support, job placements, and personal preferences.

Deciding Between Programs:
- Focus on recent job placements and program culture.
- Consider quality of peers and mid-career researchers.
- Avoid choosing based on one or two professors who might leave.