The doctoral program in Economics at Rice University provides rigorous training in economic theory and econometrics in order to prepare students for research careers in economics. In 2014, the department launched the Rice Initiative for the Study of Economics (RISE) in order to enhance its role as a leading center of economic research. Since then, the department has hired ten new faculty. In addition, it has established itself as a leading institution for structural empirical microeconomics, an approach to economic analysis that combines economic theory and econometrics to address substantive economic issues. The small size of the program, approximately 45 graduate students working with 24 full-time faculty, promotes close faculty student interactions and collaboration, as well as strong relationships among the students.
Effective 2021-2022 academic year, all students receiving MA or PhD degrees in Economics will also receive Major Concentration in Econometrics and Quantitative Economics, and will be able to apply for a 24-month STEM extension of F-1 Optional Practical Training (OPT).
At a Glance
Full-time faculty working with students: 24
Students: 55 doctoral students
Number Admitted: 7-10 students each year
Fields of Study: Theoretical and Applied Econometrics, Applied Microeconomics, Economic Theory, Financial Economics, Game Theory, Political Economics, Energy Economics, Development Economics, Empirical Industrial Organization, Labor Economics, Macroeconomics, Public Finance, Health Economics.
Degrees awarded: PhD in Economics with a Major Concentration in Econometrics and Quantitative Economics (STEM designated), Ph.D. in Economics with an M.A. in Statistics, and an additional Major Concentration in Finance. An M.A. degree is awarded to students pursuing Ph.D. in Statistics when they complete the requirements for M.A. in Economics with a Ph.D. in Statistics. It is also awarded to students who complete all the requirements for the Ph.D. in Economics working toward their dissertation.