Managerial
Economics and Strategy
The PhD
program in Managerial Economics & Strategy (MECS), offered
jointly by the Kellogg School departments of Managerial Economics
& Decision Sciences (MEDS) and Management & Strategy
(M&S), emphasizes the use of mathematical models and analytic
reasoning to solve theoretical and empirical problems in economics
and management. It should appeal to those interested in economic
models of individual decision makers and firms and to students
with an aptitude for analytical thinking, mathematical modeling
and formal analysis. A distinctive feature is the heavy focus
on methods and insights drawn from microeconomic theory, the
theory of the firm and game theory. The program is small and
highly selective. It prepares students for academic research
careers in economics, economics-based strategy, operations
management and formal political theory.
MEDS and
M&S are widely recognized as two of the outstanding intellectual
centers of their types in the world. The MEDS faculty consists
of economic theorists, game and decision theorists, operations
researchers and formal political theorists, with broad research
interests that include the nature and impact of strategic
behavior in competitive environments, dynamic economic models,
the role of time and uncertainty in economic decision making,
the theory of auctions, and more. The M&S faculty consists
of applied microeconomists whose interests include the industrial
organization of healthcare, law and economics, pricing strategies,
regulation and the economics of organizations. In addition
to the faculty of our two departments, many faculty from the
Northwestern department of economics (which is in the same
building as the Kellogg School), particularly those in the
areas of economic theory and industrial organization, are
also actively involved in teaching and advising our doctoral
students.
For
more information, please visit the PhD Program section of
either the Managerial
Economics & Decision Sciences (MEDS) or Management
& Strategy (M&S) department Web sites. |
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©Nathan Mandell |
Mallesh M. Pai |
| "Many of the reasons I came to Managerial Economics and Strategy at Kellogg are obvious — it’s a great program in a premier school in a phenomenal city with faculty and research opportunities on par with any other in the country or, for that matter, on the planet. Since arriving, I’ve found my decision validated. What’s been most striking is the excellent atmosphere in the program. I’ve built great rapports with classmates, faculty and even MBA students. I’ve found that the course structure is rigorous, and yet flexible enough to accommodate specific research interests. There’s been plenty of support to aid original research, and a remarkable mix of people who are conducive to interdisciplinary work." |
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