Getting an admit into Econ PhD during MS

[mirusman]

Hi peopleI was recently offered a scholarship for Masters degree. My original aim was to do Econ PhD, but I guess that Masters in Statistics shall also be useful for me as it will prepare me for the Economics PhD. (although I am already taking Linear Algebra, Multivar Calc, and Calc I ryt now and will be done with them by end-January 2007). And during the Statistics degree, I can also take courses like Real Analysis. The scholarship folks have also said that if I get admission into a PhD program during my Masters degree studies, then they will approve a scholarship for that as well. Now my question is, whether it is actually possible to get admission into a PhD program while you are nearing the end of your Masters. The timeline for my studies would be something like this: The Masters degree starts in Fall 2007 and will end by Fall 2009. I will have to apply to Econ Phd programs between Sept 2007-Dec 2007? My question is whether Econ PhD programs will consider someone who is applying for admission one year before actually getting the Masters degree.Can anyone kindly clarify this?