PHd in Economics

The Ph.D. Program in Economics aims to educate students to become world class and globally competitive academicians or practitioners. Advanced core theory courses in Microeconomics, Macroeconomics, and Econometrics are complemented by advanced versions of field courses. The departmental faculty integrates successful doctoral students into the departmental research and consulting projects in their areas of interest. The program's language is English.

Admission Requirements

  •     Istanbul Technical University Senate’s Admission Requirements (Please see:
  •     A minimum of 80 from ALES (equally weighted) or 700 (or 155 new scale) from GRE (quantitative) or 600 from GMAT
  •     If the candidate has only an undergraduate degree: A GPA of 3.50 (out of 4) or 88 (out of 100)
  •     If the candidate has a masters degree: A GPA of 3.25 (out of 4) or 82.5 (out of 100)
  •     2 reference letters
  •     Statement of Purpose

For additional informations please visit the: site.


First Semester
ECN601E Advanced Microeconomics
ECN603E Advanced Research Methods
Second Semester
ECN602E Advanced Macroeconomics
ECN604E Advanced Econometrics
Third Semester
Qualifying Exam
Fourth Semester
Elective Courses
ECN510E International Economics
ECN511E Game Theory
ECN512E Monetary Economics
ECN513E Health Economics
ECN514E Industrial Economics
ECN515E Energy Economics
ECN516E Public Economics
ECN517E Time Series Econometrics
ECN518E Panel Data and Cross Section Models
ECN519E Labour Economics
ECN520E Environmental Economics
ECN521E Development Economics
ECN522E Transport Economics


Executive Committee
  •     Prof. Fuat Erdal (ferdal[at]
  •     Prof. Bülent Güloğlu (guloglub[at]
  •     Assoc. Prof. Sencer Ecer (ecer[at]

Program Structure:
The students should successfully complete 24 credits and seminar courses to graduate.  The elective courses can be taken from the elective pool of the masters program. The student should pass a qualifying exam in order to write a doctoral thesis. Under normal conditions a student is able to graduate in eight semesters. Under special conditions a student can ask for additional time with the written recommendation of his/or her supervisor and the approval of the administrative board if he or she has completed coursework within 4 semesters with a GPA of minimum 3.00 and presented work in the seminar.