Graduate Degree Requirements
Key degree requirements are provided here for review. Complete details are available in the MA/iPhD Student Handbook.
The department strongly encourages newly accepted students to contact the Graduate Advisor to schedule a session to plan their program of study. A formal Program of Study form, requiring approval of the Graduate Advisor, Department Chair, and Dean of the College of Arts and Sciences, must be filed one semester prior to graduation. It is further recommended that each student contact the Graduate Advisor at least once each semester to review their academic progress.
Thirty hours of graduate work is required for the M.A. in economics
Students are expected to maintain a high degree of academic excellence. Students must maintain a minimum of a 3.0 graduate grade-point average. A student who receives a grade of C+ or lower will receive an academic warning. Students who receive a grade of C or C- in two classes, or a D+ or lower in one class, will be dropped from the program. A maximum of three hours of 2.0 (C) in graduate courses will be permitted to count toward graduation. A 3.0 (B) must be earned in all undergraduate courses approved for graduate credit, such as Economics 425 and Economics 451, and in Economics 5591 and Economics 5599.
The Interdisciplinary Ph.D. in economics consists at a minimum of 18 required coursework credit hours in economics—including Economics 5506, 5551, 5601, 5602, 5625 and 5688. If the student has not taken the prerequisites to Economics 5601, 5602, and 5625, they will be required to take Economics 5501, 5502, 5521, and 5525—an additional 12 course work credit hours (or, a total of 30 hours). In addition, there are at minimum 12 credit hours for the dissertation, and 12 credit hours outside of economics in the co-discipline. The minimum total number of credit hours is 42 credit hours or if the prerequisite credit hours are needed then 54 credit hours.
All students are strongly urged to take two fields in economics, each consisting of two 3-credit hour courses for a total of 12 additional coursework credit hours.
Students can obtain one or more fields or specialized areas of study. The Department regularly offers fields in eight areas: economic theory, international finance, monetary theory, industrial organization, history of economics and economic thought, American economic history, trade and development, and race, gender and public policy. In each of the fields, at least two or more courses are regularly offered and in addition students can take directed readings (Economics 5690) in the field.
In addition, the following fields are offered based on staff and student interest and course availability:
A student not wishing to select a field from those listed above may define a field for him/herself, subject to the approval of the graduate advisor, and undertake directed readings (Economics 5690). A field normally consists of two courses plus an examination or research paper.
According to the guidelines of the IPhD Program, students must take at the minimum 12 credit hours of coursework outside of their coordinating discipline. Economics IPhD students frequently choose the Social Science Consortium as a co-discipline, but students have also chosen geosciences, mathematics, public affairs and administration, and other disciplines.
Social Sciences Consortium
The Social Science Consortium is an innovative interdisciplinary co-discipline in the Ph.D. program. The Social Science Consortium is administratively housed in the Economics Department and often serves as the co-discipline for students in economics. The Consortium faculty is drawn from the Departments of Economics, Political Science, and Sociology. Students in the Consortium benefit from a broad association of scholars and academic programs. See Dr. Doug Bowles, Director of the Social Science Consortium, and the UMKC General Catalog for more information.
Students are expected to maintain a high degree of academic excellence. Students must obtain a B or higher in all required courses and maintain a minimum of a 3.0 graduate grade-point average overall. A student who receives a grade of C+ or lower will receive an academic warning. Students who receive a grade of C or C- in two classes, or a D+ or lower in one class, will be dropped from the program.
Co-Discipline in Economics
Admission to the co-discipline in economics is open to all IPh.D. applicants. For those applicants who do not have appropriate background, such as an undergraduate major or a minor in economics will be required to take the following two courses before full admission to the co-discipline:
—Econ 301 Macroeconomic Analysis
—Econ 302 Microeconomic Analysis
Those students taking economics as a co-discipline will take a minimum of 12 hours in economics at the graduate level all at the 5500-5600 level, including:
—Econ 5501 - Advanced Macroeconomic Analysis
—Econ 5502 - Advanced Microeconomic Analysis
Co-discipline students must earn a B (3.0) or better in Econ 5501, 5502, and the 5500-5600 level electives. The course exams in Econ 5501 and 5502 serve as the discipline-specific comprehensive exam for Economics as a Co-discipline so long as the student obtains a grade of at least a B in each of these courses.