ECONOMICS

Directors
Sofia Vale

Office: D4.05
Telephone: 217903405; 794051
Locker: 043AA

E-mail: sofia.vale@iscte.pt 

Luís Francisco Carvalho

Office: D2.11
Telephone: 217903491; 792111
Locker: 023AA

E-mail: lfc@iscte.pt

Organization

The Ph.D. is a three-year program consisting of one year of coursework followed by two years of research. In the first year of the program, the focus is on providing the foundations for successful research. Students must choose at least one seminar course in the core areas (microeconomics, macroeconomics and econometrics) or in the field of political economy, and also choose five additional courses in field subjects (or extra courses in the core subjects), which should be closely related to their research interests. In the second and third years, students are expected to develop their research projects and write a dissertation under the supervision of a faculty member.

Compulsory components

The candidates for the Ph.D. program are required to have already successfully finished the coursework of the master program in economics at ISCTE-IUL (first year of this program), or the coursework of another master which provides a sound background in the field of economics. For such students there are three compulsory components of the Ph.D. coursework that should be highlighted:

1.Attend one seminar course in economic research;

2.Choose five additional modules, either from the core areas (macroeconomics, microeconomics and econometrics), or from a list of additional field courses;

3.Write a dissertation of up to 50,000 words.

CURRICULUM 2012/2013

The Ph.D. in Economics is a full time program. During the first year, students take a sequence of courses in their areas of specialization.  After the first year, students work solely on their research.

(1)To choose:
Research Seminar in Macroeconomics
Research Seminar in Microeconomics
Research Seminar in Econometrics
Research Seminar in Political Economy

Electives
There are a large variety of courses that may be chosen. These courses can be taken in the areas of economics or political economy, but also in other areas such as finance, management or quantitative methods, among others.

Examples of courses that can be chosen as electives:

• Research Seminar in Macroeconomics
• Research Seminar in Microeconomics
• Research Seminar in Econometrics
• Research Seminar in Political Economy
• Behavioral Economics
• Monetary Economics
• Public Finance
• Advanced International Economics I
• Advanced International Economics II
• Industrial Organization
• Competition Policy and Regulation
• Environment and Energy Economics
• The Economics of Innovation
• The Economics of European Integration
• History of Economic Thought
• Asset Pricing 1
• Asset Pricing 2
• Corporate Finance 1
• Corporate Finance 2
• Continuous Time Finance
• Advanced Quantitative Analysis
• Real Analysis and Measure Theory 
• Numerical Methods
• Optimization

Dissertation
After the written examinations in the first semester of the first year, each student is allocated a supervisor for the dissertation in order to develop and submit an articulated research proposal.  The topic of the dissertation should be associated with either a core subject or a field subject (but here strictly in the areas of economics or political economy) and must be formally approved by the Scientific Council of ISCTE-IUL, by the end of second semester of the first year. After the research proposal has been successfully evaluated, students can concentrate entirely on their dissertations, which are expected to be submitted by the end of the third year.

FACULTY

ADMISSION REQUIREMENTS
 

Applicant Profile

We seek to admit a small number of students each year with the following profile:

• Completed the first-year coursework part of a Masters in Economics
• Strong intellectual development, as demonstrated by high academic marks and test scores
• Emotional maturity to complete a rigorous program of study.
• Commitment to research in Economics.

Application materials (all applications must be submitted online; applications submitted on paper will not be considered)

• Application form
• Curriculum vitae
• GMAT (ISCTE Business School code - 0964) or GRE score(*)  
• TOEFL score(*)
• Two letters of recommendation

(*) These tests may be waived for students from some Portuguese Universities. Please check with the program coordinator in advance.

• The application for Doctoral Programs requires the payment of non-refundable-fee according to each round. Check the due amount in the timetable below.

Check the general terms for admission here.

Deadlines for the academic year 2013-14

* IMPORTANT: This round may be waived depending on the nr. of vacancies

Fees and Financial Aid

For the Ph.D. in Economics, the tuition fees for 2013-14 are of €2,750.00 per year. Students are expected to pay a minimum of 3 years of tuiton fees.

Please check with the Academic Services ISCTE-IUL's payment schemes.

There are some opportunities for financial support. Portuguese foundation FCT runs a competitive scheme to award scholarships to students. Please go the website to find out more.

In addition, you may check the Fundação Calouste Gulbenkian scholarship opening targeted specifically at students from Portuguese-speaking African countries and from Timor Leste. 

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