Economic Theory


The Postgraduate Program in Economic Theory has the central objective of providing a solid background in economic theory and quantitative methods, enabling students to carry out theoretical and applied research of academic excellence.

The Program has a highly qualified faculty, with a research interest in a wide spectrum of areas and with publications in high-level specialized journals. Among the research areas, the following stand out: Microeconomics, Macroeconomics, Econometrics, Regional and Urban Economics, Industrial Organization, Game Theory, Economic History, International Economics, History of Economic Thought, Labor Economics, Health Economics, Economic Development, Environmental Economics, Agricultural Economics, Finance, and Sociology.

Master’s Program Structure

Master students must complete the program within two years and four months. For doctorate students with a master’s degree, the maximum length of the program is four years; for doctorate students without a master’s degree (direct doctorate), the maximum length of the program is five years. The chart below shows the necessary credits and the maximum number of months for the qualification examination and the deposit of the dissertation or thesis:

 Credits in Courses                    Thesis/Dissertation         
Master´s degree6464
Doctoral degree68120
Doctoral degree without Master´s degree92120
 QualificationDeposit of              Thesis/Dissertation 
Master´s degree 11 months27 months

Doctoral degree

11 months48 months
Doctoral degree without Master´s degree23 months60 months

Obs.: each course is equivalent to four credits

Required courses for the master’s program

  • Mathematical Economics (summer course);
  • Econometrics I
  • Econometrics II
  • Econometrics III
  • Macroeconomics I
  • Macroeconomics II
  • Macroeconomics III
  • Microeconomics I
  • Microeconomics II
  • Microeconomics III
  • Research Techniques in Economics

During the summer, a Statistics course is also offered, which is compulsory for those admitted to the master’s program. The grade of this course is used to assign the concepts of Mathematics-Economics. 

Required courses for the doctorate

Doctorate students with a master’s degree must take the following required disciplines:

  • Econometrics I;
  • Econometrics II;
  • Econometrics III;
  • Econometrics IV;
  • Macroeconomics I;
  • Macroeconomics II;
  • Macroeconomics III;
  • Macroeconomics IV;
  • Microeconomics I;
  • Microeconomics II;
  • Microeconomics III;
  • Microeconomics IV;
  • Didactic Monitoring (semiannual).

Direct doctorate students must take the above courses, in addition to the master’s required courses.

Elective courses

Besides the required courses, master’s students must complete four other elective courses. Doctorate students with a master’s degree must take three elective courses, while direct doctorate students must take seven elective courses.

Information on elective courses regularly offered by the Economics program can be found here.

Students can still take elective courses at other USP units and, at most, one-third of their minimum credit requirements at other postgraduate institutions. The program maintains an agreement with EESP/FGV-SP and Insper, whereby our students can take courses at those institutions.

Special Credits

Academic publications authored by the student can be used to count up to twelve credits (six credits per work) as long as they are developed throughout the program. The Program’s coordinating Committee will judge the academic merit of the publication. The student can also request a credit count referring to a teaching internship carried out within the Higher Education Improvement Program (PAE).