Thanks EnvEcon. From your response I assume UMD lays their emphasis more on macro, is it true? Surely they lays more emphasis on macro than any ARE program does. But what I am trying to say is, for someone who's not interested in macro, how big is the advantage of UMD over Davis ARE?
I only have a rough idea, regretfully. What's your advice on how to develop this idea? I surely should have a better idea than what I have. I know some faculty members from courses and saw some others wandering around. Maybe the problem is sadly I still haven't developed a strong commitment in any specific research topic...
Yes, that's why I asked why resource said it's "marginally". Let alone the funding situation, I do have a location preference towards Davis. If it's only "marginally" then the decision would be easier for me.