Prepare to be a data-driven researcher with the skills to influence policy decisions.

The MACRM program is designed for those who want to become professional policy researchers or position themselves to pursue PhDs at top-tier institutions and provides an interconnected, intellectual experience.

This degree is an excellent choice for candidates who have strong quantitative backgrounds with exposure to mathematical probability and statistics, multivariate calculus, and matrix algebra.

On this page:


Curriculum

What to expect

During the 15-month program, students enroll in PhD core courses focusing on economic theory, game theory, advanced statistics/econometrics, political economy, and quantitative modeling in addition to the policy courses available in your area of interest.

Core courses

  • Game Theory (PPHA 41501)
  • Applied Econometrics I (PPHA 42000)
  • Applied Econometrics II (PPHA 42100)
  • Applied Econometrics III (PPHA 42200)
  • Advanced Microeconomics for Policy Analysis I (PPHA 44100)
  • Advanced Microeconomics for Policy Analysis II (PPHA 44200)
  • MACRM Apprenticeship (PPHA 52500) 
    • 2 quarters, 200 units of credit total

Research apprenticeship

Students must complete a two-quarter research apprenticeship with a faculty member, working 10 hours per week as a research assistant while developing ideas for a research paper to be written in your final quarters.

Learn more about the research apprenticeship requirement.

What you'll gain

  • Competency in research methods, economic theory, game theory, advanced econometrics, and quantitative modeling
  • Hands-on research experience with faculty from various departments at UChicago
  • Strong research writing and analysis skills

Schedule

A sample schedule of the MACRM program:

Autumn

  • Game Theory (PPHA 41501)
  • Advanced Microeconomics for Policy Analysis I (PPHA 44100)
  • Applied Econometrics I (PPHA 42000)

Winter

  • Advanced Microeconomics for Public Policy II (PPHA 44200)
  • Applied Econometrics II (PPHA 42100)
  • Elective 

Spring

  • Applied Econometrics III (PPHA 42200)
  • MACRM Apprenticeship I (PPHA 52500)*
  • Elective

Autumn

  • MACRM Apprenticeship II (PPHA 52500)*
  • Elective
  • Elective

*Speak with your faculty supervisor to sign up for MACRM Apprenticeships.


Graduation Requirements

  • Completion of 12 graduate-level courses, including seven (7) core courses and two (2) apprenticeship courses, not including any courses of F, I, or W, or courses with no reported grade
  • Completion of a minimum of seven Harris courses (PPHA prefix)
  • Completion of Mathematical Methods for PhD and MACRM Program (prior to first autumn of enrollment)
  • Completion of the applied experience requirement
  • A cumulative grade point average of 2.7 for all courses used toward the degree, based on a 4.0 scale
  • No more than one (1) course taken pass/fail (core courses cannot be taken pass/fail)
  • No more than one (1) reading/research or internship course in addition to the apprenticeship courses
  • Completion of the research apprenticeship