Ph.D. in Economics
The Ph.D. in Economics Program is primarily designed in order to further upgrade, advance and ensure the continued development of the teaching skills and research capabilities of faculty who are currently handling economics courses in both the undergraduate and graduate programs of the university. Modern economics courses are increasingly becoming more quantitative, with intensive analysis requiring advanced mathematical skills. Highly ranked universities abroad (particularly in the United States, Western Europe and Japan) who are known for maintaining excellent undergraduate as well as graduate programs in economics have put more emphasis on the use of mathematical reasoning and the formulation of mathematical models which were intended to complement efforts towards producing both theoretical and applied research to be useful for both academe and industry.
Faculty members who are determined to complete the doctoral program are expected to expand their knowledge and perspective of the recent developments in the field of economics. In addition, they are also expected to be better equipped in handling more complex research problems using more sophisticated tools in statistics and econometrics. In the long term, this would allow the university to raise the level of economics education (both for undergraduate and graduate students) and economic research closer to international standards. The provision of a solid, and analytically intensive training in microeconomics, macroeconomics and econometrics, complemented by its applications in trade, finance and money and banking should produce faculty with Ph.D’s having improved capabilities to teach both advanced economics, as well as the sophisticated statistical tools for both theoretical and applied economic research.