Department of Economics, Graduate School of Arts and Sciences
It is strongly suggested that prospective students take Microeconomics, with an analytical perspective if possible, then Econometrics, then Macroeconomics. We admit students who have courses in multivariate calculus, probability and statistics. We give preference to people who have had linear (matrix) algebra.
To apply to the IDE program, an undergraduate economics major, while preferred, is not absolutely necessary. However, as the IDE Program is purely a master’s in economics, we take people with exceptional analytical and economics backgrounds. Therefore we accept students who have taken microeconomics, econometrics, and macroeconomics. Additionally they have taken courses in multivariate calculus, probability and statistics, and we give preference to people who have had linear (matrix) algebra.
The Test of English as a Foreign Language (TOEFL), also administered by the Educational Testing Service is required of all applicants whose native language is not English. This requirement is waived only for applicants who will have received a baccalaureate degree, or its foreign equivalent, prior to matriculation at Yale, from a college or university where English is the primary language of instruction. There is no specific passing or failing score nor is there a minimum score requirement.
The Graduate Record Examination is required of all applicants. The Educational Testing Service, Princeton, New Jersey, administers the GRE in the United States as well as abroad. As the ETS will report scores only by mail and only at the written request of the students, applicants should arrange to take the GRE no later than the November testing, although the Graduate School does accept test scores and other supporting documents after the deadline. You must request (either at the time of the test administration or via an additional Score Report) that your scores be released to Yale University Institution Code 3987. No paper copies of GRE score reports will be accepted.