Department of Economics (DE-UC3M) Areas of research: Economics. Location: Madrid Website: http://www.eco.uc3m.es; Contact: departamento.economia@eco.uc3m.es
The Department of Economics of the University Carlos III de Madrid (DE-UC3M), which was established in 1991, has become one of the cornerstones of economics research and training in Spain, reaching outstanding positions in international research rankings such as that of the European Economic Association (EEA) and Tilburg University. Econometrics, macroeconomics and labour economics, microeconomics, industrial organization, political and public economics, and health economics are the main areas of research. In 2015, the Department was distinguished as a María de Maeztu unit of excellence, a programme sponsored by the Spanish Ministry of Economy, Industry and Competitiveness that recognizes and provides funding to first rate research academic units. The recipe for this success has been the adoption of rules and practices prevalent in the best universities in the world: the recruit of junior faculty in the international job market for PhDs from the best doctoral programmes in the world, implying a large proportion of foreign faculty (close to 40%); the adoption of a 6-year tenure-track system, and the consistent application of promotion criteria in which high-quality research publication is paramount; the implementation of policies that reduce the teaching load of the most research active faculty as well as the junior faculty. In addition, the Department provides a dynamic working environment, organizing weekly seminars in microeconomics, macroeconomics, and econometrics which invite first-rate international researchers to present their work, as well as internal workshops for its faculty and PhD students. The UC3M’s PhD programme in Economics ranks 32nd in the world according to Amir and Knauff -- Review of Economics and Statistics (2008) 90: 185-190. Member of the European Network for Training in Economic Research, the programme receives more than 350 applications per year from students all over the world, and maintains around 60 students, 90% of which are foreigners. Since 2009, the UC3M team has been a finalist in practically all editions of the Econometrics Game, winning in two editions (2009, 2013) against teams from universities as prestigious as Cambridge, Harvard, LSE, Oxford, UCL, or Tilburg. UC3M PhD graduates have been placed as tenure-track assistant professors at universities such as Harvard Business School, Bristol, EUI, Oxford, Indiana, Mannheim, Vanderbilt, UNSW, Vienna, Tilburg and Toulouse.
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Department of Economics (DE-UC3M)
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