United States Doctorate in Economics Programs
How Long Does It Take To Earn a PhD in Economics?
Students are advised to contact the school they are interested in attending. The entire PhD in economics program may take 4 to 6 years.
The first few years are generally devoted to achieving competence in core courses, such as econometric methods, fundamentals of microeconomic and macroeconomic theory, as well as economic history. Following this, students prepare for an examination in their chosen field of Economics, prepare a proposal for their dissertation, then they take an oral examination. Once this procedure is completed, students may advance to candidacy and complete a dissertation based on original research and findings.
PhD in Economics programs are designed for graduate students who are interested in pursuing advanced study of economic theory as well as conducting original empirical research in the field of Economics. Doctorate in Economics programs offer both theoretical perspectives as well as technical education, and may focus on current economic policies or trends. Some programs encompass development economics, international economics, labor economics, monetary economics or econometrics. At the doctoral level, students are expected to focus on a particular area in economics, both to help fine-tune their prospective career as well as to help focus their in-depth research.
How to Select a PhD in Economics Program
GradSchools.com has easy to use search tools to help you find the right PhD in Economics program. If location is important, you might begin with a location search; use the city, state or country tabs to browse results.
Narrow your search by deciding on program format. Campus programs are available, and offer prospective students the opportunity to interact, use the libraries to research, and take advantage of career counseling and other services. Currently working professionals might
find that earning a PhD in Economics is more convenient, as distance-learning allows more of an independent pace and convenient scheduling process. Hybrid programs combine low residency on campus coursework with online courses.
Compare PhD programs by requesting info from the schools you are considering. Ask questions. Find out who the faculty is, what the emphasis of the program is, tuition costs, and admissions requirements. You may see several listings for Economics at the Doctorate level, however, the curriculum may vary between schools.
Potential Career Outcomes For PhD in Economics Graduates
Students in Economics PhD programs are prepared for scholarly research, academic careers, as well as for high-level statistician and economist jobs. With the increasingly competitive global business environment, candidates with experience and advanced education, such as a PhD, may have better prospects.
Job and Wages Outlook For PhD in Economics Graduates
According to the Bureau of Labor Statistics, Statisticians lead the forecast for positive employment growth at 34% between 2014 and 2024, compared with Economists at 6% and Postsecondary Economics teachers at 10% growth during the same time period.
While it is hard to determine whether PhD candidates earned more than those with Masters degrees, one might still compare the median 2014 wages in these professions. The top 10% of Economists earned more than $170,780 compared to the top 10% of Statisticians who earned more than $129,830, and postsecondary teachers, 149, 820.
Ready to Pursue a Doctorate in Economics?
For someone with exceptional mathematics skills, an ability to think critically and analyze data to forecast trends and determine economic patterns, earning a PhD in Economics may lead to a variety of potentially lucrative jobs in some fast-growing fields. The global economy is highly regulated, competitive and in need of professionals who are able to navigate it. Why not use the search tools on GradSchools.com to find the doctorate level degree in Economics to suit your goals!
Sources:bls.gov/ooh/math/statisticians | bls.gov/ooh/education-training-and-library/postsecondary-teachers | bls.gov/ooh/life-physical-and-social-science/economists.htm
- Binghamton, NYBinghamton, NY
Binghamton University (S.U.N.Y.)
The Department of Economics offers programs of study leading to the Master of Arts (MA) and Doctor of Philosophy (PhD) degrees in economics...
- Chestnut Hill, MAChestnut Hill, MA
Train economists for teaching and research providing a strong foundation in economic theory, QRM and applied fields.
- Miami, FLMiami, FL
University of Miami
The Department of Economics at the University of Miami offers selective, high quality Doctor of Philosophy and Master of Arts programs. Students with a bachelor's degree may apply directly for either program although we encourage students to apply at th...
- Tempe, AZTempe, AZ
Arizona State University
- College Park, MDCollege Park, MD
University of Maryland - College Park
- Portland, ORPortland, OR
Portland State University
- Boston, MABoston, MA
The Department of Economics at Northeastern University offers a PhD and an MA program. The most distinctive feature of Northeastern University's graduate programs in economics is an emphasis on applied economics, coupled with attention to providing a so...
- Boston, MA
- Baton Rouge, LABaton Rouge, LA
Louisiana State University
The M.S. program is designed to provide the training necessary for careers in government and business where original research is generally not the primary concern. The Ph.D. program is designed to train economists capable of adding to the knowledge of e...
- Houston, TXHouston, TX
University of Houston
The Department of Economics at the University of Houston offers programs leading to the Ph.D. degree in economics stressing economic theory and quanti...
- Lawrence, INLawrence, IN
University of Kansas
Graduate programs in the Department of Economics prepare students for careers in academe, government, and business. Enrollment has been kept small so that each graduate student can receive more personal attention in his or her academic work. Perhaps the...
- University Park, PAUniversity Park, PA
Pennsylvania State University
With the addition of leading researchers in economic theory, econometrics, economic development, and macroeconomics, the Economics Department at Penn State has improved dramatically in the last few years. A consequence is that students who receive a Ph.
- Columbus, OHColumbus, OH
Ohio State University
The Department of Economics offers a Ph.D. program to prepare students for careers in academia, business, and government.
- Blacksburg, VABlacksburg, VA
Virginia Polytechnic Institute and State University
- Stanford, CAStanford, CA
- Washington, DCWashington, DC
The Master of Arts in German and European Studies (MAGES), is a two-year, full-time, interdisciplinary course of study that prepares students for professional careers in international business, government, and non-governmental organizations. The core co...
- Washington, DC
- Austin, TXAustin, TX
University of Texas at Austin
- University, MSUniversity, MS
University of Mississippi
- Tallahassee, FLTallahassee, FL
Florida State University
- Seattle, WASeattle, WA
University of Washington
The Economics Program at the University of Washington has a strong tradition of combining the development and use of contemporary theory with empirical analysis. This includes work in applied macroeconomic theory, focusing especially on international ec...
- Detroit, MIDetroit, MI
Wayne State University
The Department offers an M.A. for students desiring a career in applied economic analysis, and a Ph.D. for those desiring a research oriented career.
- Santa Cruz, CASanta Cruz, CA
University of California - Santa Cruz
- Carbondale, ILCarbondale, IL
Southern Illinois University - Carbondale