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Detailed Information

Program of Study

The Department of Economics at Southern Illinois University Carbondale (SIUC) offers a doctoral degree that is designed to be completed in four years. In the first year, the student takes courses in macroeconomics, microeconomics, and mathematical economics and is required to pass qualifying exams in microeconomics and macroeconomics. In the second year, the student completes one field of specialization, begins econometrics, and takes the field exam (summer of second year). In the third year, the student completes the second field, finishes econometrics, and starts on a research topic for the dissertation. The fourth year is devoted to completion of the dissertation. The fields offered by the Department are international economics, economic development, and monetary theory and policy. The student may, with the permission of the Director of Graduate Studies, pursue a field in finance. All of the courses for this field are taught in the College of Business.

Research Facilities

Research facilities include Morris Library which contains more than 2.6 million volumes and subscribes to more than 12,000 current serials. Library users have access to nearly 900 electronic data files and CD-ROM products via multiple workstations throughout the library. The University maintains an extensive and up-to-date computer system with four instructional laboratories. The Department maintains its own computer lab and its own library of software most used by economists.

Financial Aid

Departmental teaching assistantships are available on a competitive basis. Half-time assistantships with stipends of $1362 per month are available for Ph.D. students. A 15-hour tuition waiver accompanies each assistantship.

Cost of Study

In-state graduate tuition is $328 per credit hour in 2009–10. Out-of-state tuition is 2.5 times the in-state tuition rate ($820 per credit hour). Graduate students with at least a 25 percent appointment as a graduate assistant receive a tuition scholarship. Fees vary from $589.03 (1 credit hour) to $1557.50 (12 credit hours). Students with a graduate assistantship receive a 50 percent reduction in the primary care medical fee. New graduate students from Arkansas, Indiana, Kentucky, Missouri, and Tennessee qualify for the alternate tuition rate, which is equivalent to the in-state graduate tuition rate.

Living and Housing Costs

For married couples, students with families, and single graduate students, the University has 690 efficiency and one-, two-, three-, and four-bedroom apartments that rent for $499 to $720 per month in 2009–10. Residence halls for single graduate students are also available, as are accessible residence hall rooms and apartments for students with disabilities.

Student Group

There were 41 students enrolled in the graduate program in economics in fall 2007. There are more than 4,300 students enrolled in graduate programs in the University, with a total student enrollment of 21,387.

Location

SIUC is 350 miles south of Chicago and 100 miles southeast of St. Louis. Nestled in rolling hills bordered by the Ohio and Mississippi Rivers and enhanced by a mild climate, the area has state parks, national forests and wildlife refuges, and large lakes for outdoor recreation. Cultural offerings include theater, opera, concerts, art exhibits, and cinema. Educational facilities for the families of students are excellent.

The University

Southern Illinois University Carbondale is a comprehensive public university with a variety of general and professional education programs. The University offers associate, bachelor’s, master’s, Ph.D., J.D., and M.D. degrees. The University is fully accredited by the North Central Association of Colleges and Schools. The Graduate School has an essential role in the development and coordination of graduate instruction and research programs. The Graduate Council has academic responsibility for determining graduate standards, recommending new graduate programs and research centers, and establishing policies to facilitate the research effort.

Applying

A student with a bachelor’s degree must have a grade point average of 2.7 (A = 4.0) or above in the last 60 hours of undergraduate work, while those entering with a master’s degree must have a grade point average of 3.25 in all graduate course work. All applicants are required to take the Graduate Record Examinations. International applicants must earn a minimum score of 550 on the Test of English as a Foreign Language (TOEFL) exam (220 on the computerized version). Additional information can be found on the Departmental Web site listed below.

The Faculty and Their Research

• Zsolt Becsi, Assistant Professor; Ph.D., Wisconsin–Madison, 1991. Public finance, macroeconomics.
• Bilateral war in a multilateral world: Carrots and sticks for conflict resolution. Can. J. Econ. 2006. With Lahiri.
• War technology, war, and welfare. India Macroeconomics Annual 2004–2005 ed. Sugata Marjit. Calcutta: The Reserve Bank of India Endowment. With Lahiri.
• Chifeng Dai, Assistant Professor; Ph.D., Florida, 2003. Industrial organization, contract theory, public economics, health economics, applied econometrics.
• Delegating management to experts. Rand J. Econ. 2006. With Lopomo and Lewis.
• Scott Gilbert, Associate Professor; Ph.D., California, San Diego, 1996. Econometrics, macroeconomics and finance.
• The impact of skewness in the hedging decision. J. Futures Markets, 26(5):503–20, 2006. With Jones and Hatfield.
• Testing for latent factors in models with autocorrelation and heteroskedasticity of unknown form. Southern Econ. J. 72:236–52, 2005. With Zemcik.
• Richard Grabowski, Professor; Ph.D. Utah, 1977. Economic development.
• Economic growth and institutional change. Int. J. Dev. Issues 4:39–70, 2005.
• Agricultural revolution, political development, and long run growth. Can. J. Dev. Stud. 26:393–407, 2005.
• Sajal Lahiri, Vandeveer Chair Professor; Ph.D., Indian Statistical Institute, 1976.
• On the provision of official and private foreign aid. J. Dev. Econ. 80:179–97, 2006. With Schweinberger.
• Food for education versus school quality: A comparison of policy options to reduce child labor. Can. J. Econ. 38:394–419, 2005. With Jafarey.
• Thomas Mitchell, Associate Professor; Ph.D., Brown, 1984. Microeconomic theory, mathematical economics.
• Conservation laws for microeconomists!: Comments on economic conservation laws as indices of corporate performance. Japan World Economy, 16:269–76, 2004.
• Indeterminate output allocations. In Economic Theory, Dynamics and Markets: Essays in Honor of Ryuzo Sato, pp. 429–37, eds. T. Negishi, R. V. Ramachandran, and K. Mino. Boston: Kluwer Academy Publishers, 2001.
• A. K. M. Morshed, Assistant Professor; Ph.D., Washington (Seattle), 2001. Macroeconomic theory, international finance.
• Is there really a “border effect?” J. Int. Money Finance, 26(7):1229–38, 2007.
• Additional sources of bias in half-life estimation. Computational Statistics and Data Analysis, in press. With Seong and Ahn.
• Basharat A. Pitafi, Assistant Professor; Ph.D., Hawaii, 2004. Public economics, resource economics.
• Prevention, eradication, and containment of invasive species: Illustrations from Hawaii. Agr. Resource Econ. Rev., in press.
• The economic value of watershed conservation. Land management impacts on coastal watershed hydrology, in press, eds. Fares and Kadi. Southampton: WIT Press.
• Daniel Primont, Professor; Ph.D., California, Santa Barbara, 1970. Microeconomic theory, mathematical economics
• Directional duality theory. Econ. Theory, 29(1):239–47, 2006. With Färe.
• Luenberger productivity indicators: Aggregation across firms. J. Prod. Anal., in press. With Färe.
• Subhash C. Sharma, Professor; Ph.D., Kentucky, 1983. Econometrics, statistics, time-series analysis, monetary economics, development economics.
• An examination of momentum strategies in commodity futures markets. J. Futures Markets 2007. With Shen and Szakmary.
• Currency substitution in Asian countries. J. Asian Econ. 16:489–532, 2005. With Kandil and Chaisrisawatsuk.
• Kevin Sylwester, Associate Professor; Ph.D., Wisconsin–Madison, 1997. Macroeconomics, economic growth, and development.
• A note on geography, institutions, and income inequality. Econ. Letters 85:235–40, 2004.
• Income inequality and population density 1500 AD: A connection. J. Econ. Development 28(2):61–82, 2003.
• Alison Watts, Associate Professor; Ph.D., Duke, 1993. Microeconomics, game theory and law and economics.
• Formation of buyer-seller trade networks in a quality-differentiated product market. Can. J. Econ. 39:971–1004, 2006. With Wang.
• Uniqueness of equilibrium in cost sharing games. J. Math. Econ. 37:47–70, 2002.

Correspondence and Information

Southern Illinois University
Professor Subhash C. Sharma
Director of Graduate Studies
Department of Economics
Carbondale, Illinois 62901-4515


Southern Illinois University
Mrs. Sandra McRoy, Graduate Secretary
Department of Economics
Carbondale, Illinois 62901-4515
Telephone: 618-536-7746
Fax: 618-453-2717