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.

Graduate School Frequently Asked Questions:

Admission Requirements:

  • Istanbul Technical University Senate’s Admission Requirements (Please see:

  • A minimum of 80 from ALES (Equally weighted) or a minimum of 155 from GRE (Quantitative) or a minimum of 600 from GMAT.

  • If the candidate has only an undergraduate degree: A GPA of 3.15 (out of 4) or 80.0 (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:


First Semester:

IKE 601E Advanced Microeconomics
IKE 603E Advanced Research Methods

Second Semester:

 IKE 602E  Advanced Macroeconomics 
 IKE 604E  Advanced Econometrics
 IKE 696E
 Scien.Rese., Ethic & Seminar

Elective Courses:

IKE 508E Game Theory
IKE 517E Time Series Econometrics
IKE 520E Development Economics
IKE 511E Health Economics
IKE 513E Industrial Economics
IKE 508E Game Theory
IKE 514E Panel Data&Cross Secti.Models
IKE 519E Environmental Economics

There is a qualifying exam after completing the courses.

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.

Phd students who are admitted in 2022-2023 Spring and after, have to take and pass one of the career development courses(LEE Coded). (Compulsory)

Phd Coursework, Qualification, Thesis Submission Process:

Executive Committee
Prof. Dr. Bülent Güloğlu (
Assoc. Prof. Dr. Resul Aydemir (
Assoc. Prof. Dr. Tolga Yüret (