Managerial Economics and Strategy Degree Requirements

The following requirements are in addition to, or further elaborate upon, those requirements outlined in The Graduate School Policy Guide.


Doctoral students in Managerial Economics and Strategy who complete the first two years of doctoral coursework requirements with a B average and achieve an "MS Pass" on the department's written qualifying examination are eligible to receive the MS degree.


Courses Units
First Year 12
ECON 410-1 Microeconomics (or) MECS 469-1 Advanced applied Microeconomics 1
ECON 410-2,3 Microeconomics 2
MECS 460-1 Foundations of Managerial Economics I: Static Decision Models 1
MECS 460-2 Foundations of Managerial Economics II: Dynamic Decision Models 1
MECS 460-3 Foundations of Managerial Economics III: Game Theory 1
ECON 480-1,2 Introduction to Econometrics 2
MECS 485 Empirical Issues in Business Strategy (or) MECS 462 Decision Theory 1
Electives 3
Second Year 12*
MECS 449-1,2 Competitive Strategy, and Organizational Strategy and Structure (or other field sequence) 2
ECON 414-1,2 Economics of Information (or other field sequence) 2
ECON 450-1,2 Industrial Organization and Prices (or other field sequence) 2
MECS 465 Contract Theory and Mechanism Design (or other) 1
MECS 468 Topics in Economic Theory (or other) 1
MECS 470 Operations Economics (or other) 1
MECS 520 Applications Seminar in Strategy (or other) 1
Other Electives 2
* The 12 required units include three field sequences (with at least two courses each) and other electives and research seminars. The field sequences normally include MECS 449-1,2; the other sequences may come from the Department of Economics or other departments at Kellogg.
Total Units 24

Other PhD Degree Requirements

  • Examinations: preliminary written examinations based on first-year coursework; oral qualifying examination; candidacy achieved after preliminary exams, seminar papers, and qualifying examination
  • Research/Projects: two papers by end of second year
  • PhD Dissertation: original and significant research
  • Final Evaluations: oral defense of dissertation