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Markets and Information Economics Prelims

PhD Preliminary Examination Process

The Preliminary Examinations are administered twice a year on the Thursday before classes begin for the Spring semester and first Summer term of each year. All PhD students are required to pass one written field preliminary exam and one oral preliminary exam.

Students planning to take the Preliminary Examination must have passed the Agricultural Economics Qualifier Exam, and have cumulative and degree plan GPRs of at least 3.0. The oral preliminary exam will be administered after the student has passed the written field preliminary exam. Students must pass both the written field exam and the oral exam to pass the Preliminary Examination. A failure in either of these examinations constitutes a failure of the Preliminary Examination.

Markets and Information Economics Field Prelim Content

The Ph.D. Field Examination in Markets and Information Economics will emphasize material introduced by the Fundamentals (AGEC 672) and Frontiers (AGEC 695) courses but background information derived from other coursework and readings will be useful. This includes survey material such as the topics covered in the texts The Theory of Incentives: The Principal-Agent Model (by Jean-Jacques Laffont and David Martimort, 1st edition, Princeton University Press) and Advanced Industrial Economics (by Stephen Martin, 2nd edition, Blackwell Publishers) and material from the core courses (particularly econometrics, competitive models of the firm, and game theory). The exam's goal is to assess the student's integrative capacity to address markets and information economics issues with appropriate interpretations, concepts, tools, and policies.

If you would like to have access to previous prelims, contact the Grad Office in 331K Blocker.