Last Updated: April 24, 2021

Studying Economics in Cornell

Cornell University is an Ivy League University founded in 1865 by Ezra Cornell and Andrew Dickson White. It is a private university that is also a federal land-grant institution in New York. They have around 23,620 students along with 1,695 professors and have managed to produce 61 Nobel Laureates within the 155 years the university has been functioning.

The university is comprised of 7 undergraduate colleges and another 7 graduate sections at its main campus. They have over 4000 courses spread across over 100 departments in their campuses with 102 graduate fields of study. Their economics department is part of both the ILR School and their College of Arts and Sciences. They offer programs that are favorable to students with different needs so that they can have a hassle-free experience in the department. There is also an option of taking economics courses for students from other undergraduate colleges at Cornell.

Undergraduate Programs in Economics at Cornell

Students applying for the undergraduate programs in the Economics department can choose from the Economics Major or the Economics Minor based on their preferences. Students will be learning methodological courses in their undergraduate courses which deal with subjects like Microeconomics, Macroeconomics, and Econometrics along with concepts like labor-market outcomes, banking sector, international trade, etc. The undergraduate tuition fee for Cornell University is approximately $57,222.

Economics Major

The Economics Major course deals with four main categories that deal with-

Basic Admission Requirements

In order to apply for the Economics Major program students are supposed to complete a few courses in addition to the general college requirements
Students who passed from Cornell before 2017 must have a C grade or above in all three courses.
Students who passed from Cornell after 2017 must have a B- grade or above in all three courses.

Course Requirements for Economics Major

In order to complete the Economics Major course students are supposed to complete 12 courses with a minimum credit of 46 each with a grade of C- or above. These courses are

Economics Minor

The Economics Minor program is offered to students who are in the ILR School. By registering for the program students will be automatically considered to be a part of their community of undergraduate economics students and they will also be eligible to be part of the Omicron Delta Epsilon. These students will also be invited to the economic events, speakers, and socials that are held in the department. The students who plan to do the course have to fulfill the following requirements

Basic Admission Requirements for Economics Minor

Students who passed from Cornell before 2017 must have a C grade or above in all three courses.
Students who passed from Cornell after 2017 must have a B- grade or above in all three courses.

Course Requirements for Economics Minor

Students are required to complete 9 courses listed in the Department of Economics course section. They should receive a grade of C- or above in each course in order to clear the course. These courses must include

After Graduation

Most students who complete their degree in economics move on to doing research in the same field or to other discipline like Students who plan to work after completing their major or minor in Economics often move on to fields like-

Graduate Programs in Economics at Cornell

The Ph.D. program at Cornell offers students the opportunity of focusing on their doctoral research providing them with the option of consulting field faculties who can guide the students by approving their topics and supervising them. The tuition fee for the PhD program is $20,800

Academic Prerequisites for Ph.D. in Economics

Cornell expects students to have a certain academic background which will make them eligible for applying to the course. These are-

Admission Requirements for Ph.D. in Economics

Students who are applying for the Ph.D. program must meet the following criteria

Course Structure for Ph.D. in Economics

The five-year Ph.D. course at Cornell has been structured in the following manner-

Financial Aid for Students doing Ph.D. in Economics

Cornell University provides financial aid for students not based on their financial needs but based on their merit and the potential students show in succeeding to be a teaching or research assistant. Since the students who are chosen for the program are exceptionally good at academics, financial aid is usually guaranteed for most students as long as they maintain their performance throughout their studies.

Students may get fellowships or assistant combinations in their first year and then they will be eligible to receive financial aid by being a teaching assistant or research assistant. These assistantships generally cover the fee for tuition as well as the medical insurance of the student during the duration of their course.

Degree in Economics