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The field of economics has grown more mathematically complex, concentrating on obscure theoretical models that frequently lose touch with practical economic realities. Michigan distinguishes itself as an institution that advocates using advanced economic theories and empirical approaches to comprehend and enhance our global society. Economics faculty members at Michigan are dedicated to generating insights that address pressing societal challenges. This emphasis on practical, impactful economics doesn't neglect the creation of innovative theoretical or statistical techniques. On the contrary, thorough problem analysis demands novel perspectives from both economic theory and quantitative methods. Michigan takes justified pride in its employment outcomes. For generations, every PhD graduate from the Economics Department has secured professional economist roles. Some alumni have built careers in academia, while others work in policy-making or at distinguished liberal arts institutions. What drives our placement achievements? First, our graduates receive exceptional training, mastering economics as it's applied in leading global research and educational organizations. Second, we operate an extensive career support system that equips students for interviews, presentations, and recruitment visits. Third, job market preparation starts immediately upon enrollment and continues throughout our program.
Applicants complete a bachelor’s degree from a U.S. college or university accredited by a regional accrediting association; or complete an international degree that is equivalent to a U.S. bachelor’s degree from a college or university recognized and approved by the Ministry of Education or Commission responsible for higher education in the country where the degree is earned.
Rackham English Proficiency Requirements:
IBT TOEFL - 84;
Paper/Pencil TOEFL and TWE - 560;
Revised Paper Delivered Test - An overall score is not provided for this test. Minimum section scores: Reading = 23; Listening = 23; Writing = 21;
MELAB - 80;
IELTS - 6.5;
ECPE - certificate of proficiency