petheory
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Accept MA Econ Offer or extend bachelor's by a year?
petheory replied to prosec's topic in PhD in Economics
Interesting that US master programs offer full tuition scholarships.- 4 replies
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Boston University rank for development and labor
petheory replied to dogkknnfahshsbn's topic in PhD in Economics
The faculty is stronger than the program's rank (by Repec rankings)- proximity to MIT & Harvard seems to be a huge factor. -
LyX could be annoying to use for someone accustomed to Overleaf- but they are essentially the same for econ purposes. I do agree that the best way to pick up programming/math skills is to learn along the problem sets. Try to have fun everyone!
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I believe that problem sets in econometrics will require us to use Stata/Matlab though (only took the PhD micro sequence so not very sure- MA metrics does require plenty of coding).
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Boston University rank for development and labor
petheory replied to dogkknnfahshsbn's topic in PhD in Economics
Solid top 20 IMO, even higher for development/labor, if you work at the intersection of the two fields. -
I would go with the math appendixes of the grad econ textbooks I will be using and develop skills in Stata, R & possibly Python. Math textbooks are inefficient IMO since not all techniques in any subjects (calc, LA, RA) will be used.
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BU hands down, given your interest in empirical political economy. There's Harvard/MIT nearby as well. If you are interested in econ placements, polisci departments are not useful for you- BU econ profs are strong enough to place you in econ.
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As someone interested in PE & formal theory (aka my namesake), I have to say your concerns 1 & 2 really contradict each other as theory is hard to place in both econ and PS. Indeed, Caltech & Minnesota are at opposite ends of things. But I think you should prioritize research interests/fit/happiness in the program over practical placement considerations, as really the former determines the latter. My prior bias and experience is that micro theory inclined person tend to hate grad macro & macro research in general- so your macro class might not tell you much.
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If you have offers from identically ranked schools with comparable strengths in your subfields of interest, it can be really hard to make a decision until the last minute. It's even worse when one school has an obvious advantage over the other in some aspect while is disadvantaged in the other aspect. Talking to busy faculty and past students also takes time.
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Fall courses before application deadlines
petheory replied to southerncharm's topic in PhD in Economics
Yes, they do. I got an A in grad micro in the fall and that is important. At the same time, don't take too many classes in the semester you're applying. Concentrate on analysis and do well.- 3 replies
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Gut feeling is the most important. Throw a coin, and see if you regret the outcome.
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From my experiences taking math as an international undergrad and a US masters student, international grades are curved downwards more harshly and US grades are more lenient (to the point that any decent effort guarantees an A range), especially in private schools. If you rank favorably in your class and do well in the EME you should be fine.
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Profile Review and Potential Second Admissions Season
petheory replied to twilli4's topic in PhD in Economics
The ability to convincingly describe one's research interest and department/faculty fit is quite correlated to research experience, writing sample, coursework, and most importantly recommendation letters though. I was contacted mostly by faculty in my fields of interest from programs that admit me, but I don't think that's the difference between admission/rejection. Other applicants will likely be interested in the programs' strengths anyways. -
Apologies, indeed I don't know about HKS and I was just making assumptions.
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If you look over to Berkeley econ+Haas, they have a very strong political economy group comparable to Harvard's. Berkeley econ/Haas/ARE are a close-knit group (econ includes Haas & ARE students in their list of JMCs). There's one ARE guy doing decision theory this year, so it's possible to do political econ as an ARE student as well.
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