Online PhD in Economics Programs
Working professionals interested in enhancing their education and research in Economics may find it convenient to pursue a Online PhD in Economics. Since Economics PhD programs are typically research oriented, they may be well suited for a web based format.
The same universities and faculty may offer Online PHD Economics Degrees. These may be the same as their campus programs. That way you may not be sacrificing quality. These doctoral programs could be well suited for many people. Those who live too far to commute to a college campus. They also may work for those who need the convenience of studying when they are able. You often need a reliable computer and Internet access. If these factors are an issue for you, you might find it frustrating. In general, all your research and communication with your professors could be done via online digital tools. It may really be a viable option for those who want to earn a degree but cannot do it in person.
Other things to consider may be accreditation and financial aid. Financial aid may be available to those who qualify. When doing distance learning for a graduate program in economic studies, consider the ranking of the graduate school. Whether you are going for a PhD degree in economic development or other concentration. You should consider the different options available. When looking to purse a PhD, students may need to consider things about the degree program. Make sure to know when the application deadline is. Also, if a bachelors degree from a business school required.
How many years does a doctorate in economics online require?
Online phd economics often vary in length. They may last 4 – 6 years. Determine this aspect with the school you are considering, as pursuing your degree online may affect the duration. Students usually spend the initial 2 years exploring topics in econ such as microeconomics and macroeconomics. Econometrics, and economic theory are often covered as well. After passing an exam, they may be expected to concentrate on research for their dissertation.
What are some doctorate in economics online focused on?
This may be the point where they fine tune their focus in a particular area of economics, such as:
- Labor economics
- Applied econometrics
- Quantitative macroeconomic theory
- Mathematical economics
- International economics
What are Some of the Potential Classes for an Online Phd in Economics?
Whether looking for other online degrees or an economics degree, core courses may be required. Whether on campus or online there is coursework that is often similar across the board. Your higher education economics program may cover many of the same topics. Some of the classes that may be required for a PhD in Econ may be:
Microeconomic Theory:
In this course, the Walrasian equilibrium is often a major topic. Incomplete markets, adverse selection, and Radner equilibrium may also be covered. Different research methods may be used.
Macroeconomic Theory:
Monetary theory, consumption theory and investment theory are often all topics in this course. Employment theory and models of fiscal policy may be topics. Microfoundations of macrosystems may be covered as well.
Mathematical Economics:
Linear algebra and differential calculus may be reviewed for this class. The class may also look at constrained maximization and elementary real analysis.
Statistics for Economists:
The application of statistical tools is often covered in this coursed. Properties of estimators, hypothesis testing and analysis of variance may all covered. This class may look at the effects on international business as well as non profit.
Econometrics:
This course is often a starting point for economic theory on a doctorate level. Looks at the theory and application of linear single equations.
Game Theory:
In this course, students usually cover types of analysis. Students may learn what cooperative and noncooperative games are relating to econ. The effects the economy has on public policy may also be a topic.
Potential Career Trends For PhD in Economics Graduates
A master’s degree is often considered an entry level qualification for Economists. Earning a PhD in Economics may allow prospective graduates to pursue careers in this field. Economists often study the production and distribution of goods, services and resources. They typically collect, and analyze data. They may also research trends to evaluate economic issues or forecast trends in a variety of areas. These areas may include employment.
The industries with the highest levels of employment of economists in 2023 according to the BLS were:
- Federal Executive Branch (OEWS Designation)
- Management, Scientific, and Technical Consulting Services
- Scientific Research and Development Services
- State Government, excluding schools and hospitals (OEWS Designation)
- Local Government, excluding schools and hospitals (OEWS Designation)
The industries with the highest concentration of employment of economists in 2021 were:
- Monetary Authorities-Central Bank
- Scientific Research and Development Services
- Federal Executive Branch (OEWS Designation)
- Management, Scientific, and Technical Consulting Services
- Business, Professional, Labor, Political, and Similar Organizations
Some of the different job titles for Economists may include:
- Economic Analysis Director
- Economic Analyst
- Forensic Economist
- Economic Consultant
- Health Researcher
- Professor of Economics
- Research Analyst
FUN FACT: Some economists combine a full-time job in universities or businesses with part-time consulting work.
Popular Schools with Online PhD Economics Degrees & Programs
State | Employment | Annual Mean Wage |
---|---|---|
District of Columbia | 7,680 | $116,910 |
California | 1,470 | $112,670 |
Virginia | 1,350 | $119,600 |
New York | 700 | $103,510 |
Texas | 670 | $97,550 |
Metro Area | Annual Mean Salary | Employment |
---|---|---|
San Jose-Sunnyvale-Santa Clara, CA | $139,790 | 110 |
Cleveland-Elyria, OH | $134,630 | 70 |
Los Angeles-Long Beach-Anaheim, CA | $129,500 | 460 |
Washington-Arlington-Alexandria, DC-VA-MD-WV | $118,160 | 9,380 |
San Francisco-Oakland-Hayward, CA | $112,590 | 380 |
Ready to Pursue a Doctorate in Economics Online ?
If mathematical reasoning is your forte and you are passionate about studying the economic issues that impact the business world, such as currency values, cycles of growth and recession, employment levels, monetary inflation, and taxation rates, you may be well suited for an online phd in economics. Start your search for accredited online programs on GradSchools.com today!
GradSchools.com has easy to use search tools. A location search will yield results in a certain degree program. Yet, scrolling through the listings and opening up different tabs in a browser works well too. One of your options might include Online Doctor of Strategic Leadership in Global Consulting. Another may be an Online PhD in Econ. Online International Development PhD program may be an option also. Make sure to request information from each school. Program format and curriculum may vary. There may also be differences in tuition and admissions requirements. Prerequisite, faculty, and other vital details should be considered.
GradSchools.com Offers 4 Graduate Schools with Online PhD in Economics Programs & Degrees
Liberty University Online
The University of Southern Mississippi
Clemson University
Akamai University