sweetcapacity

Minnesota has GREAT micro people too. Especially IO, and metrics. There's also one guy who does frontier research on neuroeconomics. Anyone who wants to pursue micro at Minnesota won't be upset. Right now, there are a lot of big name professors on leave, but when they return, Minnesota will be even stronger. I would say CMU is stronger at macro, and weaker at micro, which is similar to Minnesota. But Minnesota is clearly better at both fields. Faculty at Minn focus more on research and research makes you a better job market candidate.

I didn't know that two-year program of MS in applied econ requires that much of money, anyways. The professors from applied econ are very willing to work with MS students, but it's almost impossible to work with professors from econ department, or transfer to econ department later as a phD, but it's almost 90% sure you are able to get into Applied Econ phD as long as your boss that works with you wants you to stay (normally it's not hard if you maintain a good relationship with your boss). UMN applied econ is very strong in some specific fields, like the agriculture and bio stuffs, but not so much in others. It also depends on how you feel about the debt, and how fast you want to be a job market candidate. I would estimate 7 years to fully complete MS + phD from UMN, and I don't think it would be hard for you to pay all your debts within three to five years. But on the others hand, you will be finishing your phD from Oregon in five years, getting a job, plus debt free. These are what I heard from a friend that is a MS student in Apec UMN, and going on his first year of phD in apec next semester.

I think you really have a good shot. There are lots of people from Harvard do did college in LAC. You're mostly to get into one of the top Ivies. Relax. The third one is nothing but to fill up the requirement of three letters. You've got one super good letter from a famous professor, and that will basically suffice. By the way, if you still have time, I would recommend Graduate econometrics before you get into PhD, but that's optional.

Sorry, but you are ?

"unsubstantiated claims" are included in something that people don't want to hear. I am not even talking to you, so why bother offering your substantiated claims to my "unsubstantiated claims." Well, yeah I guess you've got more Rep Power so you're rightly to do so, isn't it?

Everyone wants to converge to top 10, whichever way you interpret it.

you never know, you're not the one that are submitting the papers.

I recommend everyone follows the suggestion from Susan Anthey. http://dinhvutrangngan.com/teaching/Advice/Susan%20Athey_Advice%20for%20Applying%20to%20Grad%20School%20in%20Economics.pdf If you're able to follow most what she says, you're more likely to get into top 10. Follow the rules and suggestion people from top 10, it's more likely that you will ever get into a school like them.

yes. From top ten. You?

I hope you stick to what you believe in, and actually prove us that you could do brilliant in top TEN.

You're from UBC, you don't even know what you're talking about. Sorry. And that's why you are at UBC. Not top TEN.

plus, I don't say what people really want to hear. I am speaking of what I believe in. I don't even care about the Rep Power.

Yes, I WORK with students of econ department in top 10. I am sorry you don't think the reply was useful, you could ignore. But that's just my opinion.

That's what I've point out, you don't know when you're going to use it. So the more the better, it's always the case. It's easier to later read the book you need and recall it than to read a totally new material by your own.

For the second link, it's actually the fifth point. Sorry. Greg Mankiw, Susan Anthey, Narayana, and a bunch of phDs students. are the best testimonials.

1.please read the last sentence of the following post from Mankiw, Greg Mankiw's Blog: Why Aspiring Economists Need Math 2. Also read the fourth point of this post: http://dinhvutrangngan.com/teaching/Advice/Susan%20Athey_Advice%20for%20Applying%20to%20Grad%20School%20in%20Economics.pdf 3.Please also read Number 9 from the following post: http://www-personal.umich.edu/~rudib/kocherlakota.pdf 4. Also read the following post to get the idea of how math is important to the application: Becoming An Economist - Advice for getting into a well ranked economics PhD program I hope it helps.

Try this, it ranks up to 150. Field Rankings at IDEAS: Econometrics

My first intention is for him to have at least the possibility of getting into top 20. Those who have weak background in math or stats in undergrad will normally do a master in math or stats, and from there they are more likely to be accepted in top 20. The literature of macro state nowadays are ALL very technical ( aka LOTS of math and stats.) Don't even mention micro part, specially econometrics. Your level of your research will greatly determined by the level of your math , cause you don't know which part of math you need to use for the research of your particular interest. To be short, the less math you have, the more limited you feel.

I know a super famous monetary professor V.V Chari, he is from Carnegie Mellon. And that's the lowest rank I've seen so far. Other than that, metrics is something you don't have to go to top schools to learn well. But monetary, you must.

If it is "unranked" I doubt that they have "decent" courses on graduate econ theories. And I would put the value of unranked phD course in a question mark, the value might come from the grade "A" signaling you are hard working than the value of what actually you can learn from that class. But don't get me wrong, you get what you work. If you say RA II by saying baby rudin starting from chapter 7. Then yes, you will need those tools a lot in micro theory from a "decent course of econ."

Without strong math back ground, how would you even survive the definition or the theorems written on the board? I would recommend a math master, or a stats master if you want to do a phD in econ. It's not just from me, but from every single one in econ that I know.

I don't get the point of going to Washington area schools only because you want to work there. I have to say econometrics and monetary are possibly the hardest of all, so I don't think you know what you're talking about before you have taken those courses yet. Moreover, these two are not uncorrelated, you could do both for sure. Also ,I am not sure what you mean by 2nd or 3rd tier school. But aim within top20 schools. These schools will lead you anywhere you want to go if you work hard (not really, it's more likely to be top 10), not the random schools near Washington.

Definitely not phd coursework from unranked phD. program. And for those who think there's no rank, it's a lie. Rank is everywhere, it lies in the heart of every professor you encounter. Most professors might have connection to top school professors, but I would say that is rare. Some professors in those schools even confess themselves they don't have any power to send you to high ranked institution. Those professors know where they stand. As my boss says, from academic to vice president of top 5 private firm, don't even bother to go economics department ranked less than 20.

Go for econometrics, the schools you mentioned is nowhere good at monetary. Keep your goal high, but if you don't attain it, at least with metrics degree you get a random job anywhere else.

The profile is not particularly impressive, but it's enough for one of those master programs you've mentioned, as long as you're prepared to pay full tuition. Good luck.