One must accomplish two things when earning a PhD. First one must understand a particular subject thoroughly. Secondly, one must extensively in knowledge about that subject.
Aside from the distinguishing between microeconomics and macroeconomics, students who are studying economics must also learn the difference between positive economics and normative economics. The former deals with that which is, while the later deals with that which ought to be. Other distinguishing characteristics include economic theory and applied economics.
Top Doctoral Programs in Economics in Australia 2019
The PhD is a University-wide degree that involves an intense period of supervised study and research. The degree of Doctor of Philosophy is awarded to successful candidat
The PhD in economics offers first-rate training in the foundations of economic theory and econometrics. This outcome is achieved via a program of core PhD classes, taken by all students, which provide the concepts and analytical tools required of every economist. In addition, each student develops expertise in two fields of their choosing. A field consists of a pair of research field classes in which students study advanced topics and become familiar with the frontiers of research in that field. Fields offered include: behavioural economics experimental economics dynamic systems econometrics health economics industrial organisation labour economics market design microeconomic theory public economics. ...