The Department of Economics offers a full-time Ph.D. program. Part-time study is not available. There is no MA program. The Economic Growth Center offers a one-year MA program in International and  Development Economics. For more information on this program see   http://www.econ.yale.edu/~egcenter/special.htm

2) What are the requirements for admission to the Ph.D. program?

Applicants to the program should submit the Yale Graduate School Application, 3 letters of recommendation, personal statement, transcripts, GRE score and TOEFL score if less than 2 years have been spent at an English speaking institution. (Note: The Subject Test in Economics has been discontinued by the Testing Service and is no longer required for admission.) Applicants should have completed the equivalent of a 4 year undergraduate degree at an American institution.  TOEFL scores MUST BE PROVIDED by any applicant whose native language is not English and who have not studied for at least two years at a university where English is the the primary language of instruction.  This requirement must be complete PRIOR to application for the program.

3) What are the average GRE and TOEFL scores of admitted applicants?

We do not calculate or track average or minimum scores for admission.

4) What are the minimum GRE and TOEFL scores required for admission?

The minimum TOEFL score necessary for admission is 600 or 250 depending on whether you take the computerized or written test.  In addition, a minimum of 60 or 25 is required on the oral comprehensive section. For the TOEFL Internet Based Test (IBT) the minimum total score is 100; 26 on each section except writing which has a minimum of 22.  The minimum quantitative GRE score is 730.  There are no minima for other sections of the test.

5) How long does it take to complete the program?

The average time of completion is five years, although some students finish in four years. Students are allowed 6 years of registration.

6) Are personal interviews required for admission?

We do not make use of interviews for admission.

7) Can you give me information on Financial Aid available to incoming students?

All applicants offered admission to the program are provided with a stipend that is adequate to live on in New Haven. They are also provided with four year tuition and health coverage fellowships.

8) How many students are accepted into the program?

Our target size for the entering class is 20-22 per year.

9) I am currently in a Master’s program and would like to transfer coursework. Is this possible?

The Yale Graduate School does not accept transfer students. The presumption is that students who receive a Yale doctoral degree do their studies at Yale.  Students currently enrolled in a Master’s or doctoral program elsewhere who wish to apply to a Yale doctoral program may do so through the nomral admissions procedure.  They must meet all the application requirements including the deadline for submission.   Students may, after one year of course work at Yale, petition the Economics Department and the Gradaute School to waive up to one year of course work at Yale in view of prior graduate-level course work completed elsewhere.  All other requirements, including the comprehensive examination, the economic history requirement, the oral examination, and the econometrics paper, must be completed at Yale.

10) How long before I know if I have been accepted?

Applications are due December 15, 2007. Decisions are made and letters of acceptance mailed by mid-March. Applicants must make admission decisions by mid-April.

11) What makes an application look attractive to the admissions committee?

1. Adequate preparation in mathematics. Applicants should have multivariate calculus. Linear algebra, real analysis and probability theory and/or statistics also look good.
2. A good grade record. This is not precise as standards vary widely among schools.
3. Informative letters of recommendation. It is helpful if these show the applicant is creative and enterprising.
4. Of the GRE scores we focus mainly on the quantitative score in percentage terms. Anything over 90% is fine; below 85% raises questions.

12) Attached is my academic vita. Can you tell me if I am likely to be admitted to your program?

It is not possible to assess material and make a judgement on whether a candidate is suitable for the program. All application materials are taken into account when making decisions on admission.