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Top 9 Best Online PhD Economics Programs [2024]

Economists have excellent job prospects in today’s labor market. With a doctorate in economics from a reputed university and strong academic record, you’ll find many well-paid job opportunities in academia or policy. Almost every field needs economists — organizations rely on economists’ statistical, analytical, and problem-solving skills  to find solutions to important issues.

Most students need a master’s of economics  degree to move forward with the PhD. But some schools accept transferable credits from related programs, too!

However, not everyone can afford to earn a doctorate on campus. So, an online PhD economics degree is a great alternative.

Below are some of the best online economics PhD programs and helpful information on jobs, salaries, costs, preparation tips, and more.

Table of Contents

Best Online PhD Programs in Economics

Ready to pursue your doctorate in economics online? Let’s dive into our list of top PhD economics online programs.

Liberty University

PhD in Public Policy – Economic Policy

Liberty University offers opportunities to pursue higher education across diverse disciplines with a foundation of Christian ethics. This 100% online PhD in economics program allows you to learn from established leaders in economic policy-making.

• Courses : Economic policy studies, economics & public policy, policy analysis & research design
• Credits : 60
• Duration : 3 years
• Tuition : $595 per hour
• Financial assistance : Grants, scholarships, and loans.
• Acceptance rate : 50.1%
• Location : Lynchburg, Virginia

Atlantic International University, School of Business and Economics

Doctor of Economics

AIU is a primarily online university that emphasizes freedom of inquiry and free thought exchange between students and faculty. This PhD in economics online degree aims to help students who want to pursue research or teaching in economics or business.

• Courses : Economics of growth & development, microeconomic research, mathematics for economists
• Tuition : Refer tuition page
• Financial assistance : Scholarships
• Acceptance rate : N/A
• Location : Honolulu, Hawaii

Bircham International University

Doctor – Economic Science

Bircham International University is a global educational institution with a decentralized structure offering higher education programs in many languages. The university’s PhD economics distance learning program helps students develop a deep understanding of how people see value in the production, consumption, and distribution of goods and services.

• Courses : Micro- and macroeconomics, capital markets, economic analysis.
• Credits : 45-72
• Duration : 24 months
• Tuition : $7,650 to $12,240
• Location : Miami, Florida

Ottawa University

Doctor of Business Administration

Ottawa University is affiliated with the Ottawa tribe of Oklahoma and the American Baptist Church. It offers a range of online programs to mold students into valuable leaders. This distance PhD economics program is mostly online but requires six two-day residencies. Finally, the program offers courses in strategy, capital management, and finance with a focus on economics.

• Courses : Finance value generation strategy, strategic human capital management, informed decision-making
• Credits : 56
• Cost : $4,887 per semester
• Acceptance rate : 70.3%
• Location : Ottawa, Kansas

California Baptist University

California Baptist University is a non-profit, private university that ranks #34  of the best western regional colleges. Although not an entirely online doctorate in economics, this DBA program offers courses in economics, especially on applying theories of economics to business.

• Courses : Applying economic theory to business, international business in global markets, and quantitative research
• Duration : 36 months
• Tuition :  $795 per unit
• Financial assistance : Grants, loans
• Acceptance rate : 80.2%
• Location : Riverside, California

Hampton University Online

Doctor of Philosophy in Business Administration

Hampton University Online provides opportunities for adults to continue their studies through mostly online means and with a scientific approach. This PhD is a hybrid business administration program that involves two compulsory four-week summer residencies and covers managerial economics as part of the program.

• Courses : Managerial economics, organization theory & practice, organizational behavior
• Credits : 61
• Duration : 3.5 years
• Tuition : $695 per credit
• Financial assistance : Scholarships, grants, work-study, loans, and military benefits.
• Acceptance rate : 36%
• Location : Hampton, Virginia

Marymount University, College of Business, Innovation, Leadership, and Technology (BILT)

Online DBA in Business Intelligence

Marymount University  was ranked #31   by US News & World of all southern regional colleges. This online Doctor of Business Administration is equivalent to an economics PhD online program as you can study economics for business decision-making and courses in strategy with a data-driven approach.

• Courses : Economics for business decision making, using data for business intelligence, and strategy in a changing climate.
• Credits : 36
• Tuition :  $1,140 per credit hour
• Financial assistance : Grants, scholarships, loans, student employment, and assistantships.
• Acceptance rate : 85.3%
• Location : Arlington, Virginia

William Howard Taft University

William Howard Taft University is a leader in distance education and aims to provide affordable and quality education in business, law, education, and other disciplines. This DBA program includes several courses in economics and its application in the business sector.

• Courses : Designing economic business strategies, global economy, and global business practices & challenges.
• Duration : 37 months
• Tuition : $360 per credit
• Financial assistance : Scholarships, grants, military benefits, loans, and employer reimbursement.
• Location : Lakewood, Colorado

Baker College

Baker College was named one of Newsweek’s top American online schools  and offers fully online and hybrid programs in fields such as business, health science, and education. This DBA program has microeconomics and macroeconomics courses and explores how business leaders implement successful global strategies with limited resources.

• Courses : Global financial economy, leading 21st-century organizations, managing in a worldwide context
• Tuition : $915 per credit hour
• Financial assistance : Scholarships, grants, and loans.
• Acceptance rate : 73%
• Location : Owosso, Michigan

What Do I Need to Get a PhD in Economics?

You will likely need an undergraduate or postgraduate degree in economics or a related field to apply for a PhD in economics program. Certain programs may have other prerequisites, so check with the admissions office well in advance of the application deadline.

Once accepted, you’ll have to study various courses in economics, finance, business, management, mathematics, statistics, and strategy to earn your PhD in economics online degree.

Finally, you’ll have to pass examinations and other assessments, including a final qualifying exam. Most programs also have a research component, which means submitting a thesis or dissertation.

Preparing for an Economics Doctorate Program

Our advice? Prepare early for your PhD in economics program.

At the undergraduate level, consider taking more courses in subjects like mathematics, statistics, and calculus. It also helps to work with faculty, conduct undergraduate research, and complete professional internships whenever possible. All this lays the groundwork to prepare you well for a PhD in economics program.

Things to Consider When Choosing an Online PhD Economics Program

The right program for you depends on a range of personal factors. Consider the following when assessing programs to narrow it down:

• Make sure the specializations and subjects offered by the program match your passions and will help you achieve your career goals.
• Review available research options and make sure these also match your goals
• The faculty should have a strong reputation, especially in your field of choice
• Ensure the costs fit your budget or that there are sufficient funding options available
• Look at where past alumni  are now working, and see how this fits with your ideal future

Why Get a Doctorate in Economics?

A doctorate in economics opens doors to some of the best jobs in academia and policy. According to the Bureau of Labor Statistics, an economist’s median salary  is $105,630. Even better, jobs in the field are expected to grow by 13% from 2020-2030, higher than the average of all occupations.

Jobs and Salaries for Doctors of Economics

A PhD in economics online credential can equip you for roles in business, government, research, and education. Here are some top jobs for graduates, with average salaries for each:

• Economist ( $79,352 )
• Statistician ( $78,596 )
• Financial Manager ( $96,045 )
• Urban Planner ( $59,309 )
• Financial Analyst ( $63,195 )

What Is the Average Cost of a PhD in Economics?

According to the National Center for Education Statistics (NCES), the average tuition for a PhD in economics program  is $19,749 per year. You can expect to pay around $12,500 for public university programs and $26,621 for private. Keep in mind these figures only cover tuition – you’ll also need to pay for books, technology fees, and other educational expenses.

How Long Does it Take to Get a PhD in Economics?

Typically, a PhD in economics takes 4-6 years to complete. However, you may be able to complete a doctorate in three or even two years at some universities, especially with an online PhD.

What Skills Do You Gain From a PhD in Economics?

First and foremost, you’ll gain strong mathematical, statistical, and analytical skills as part of your doctorate in economics. You’ll also learn to apply economic concepts and modeling to address issues in business, government, finance spaces. Finally, economics PHD grads gain expertise in writing, presentation, communication, and problem-solving.

Facts and Statistics about Economics PhD Holders

According to Brookings, universities awarded 1,216 PhDs in economics  in 2020 —  66% to men and 34% to women. Foreign students with temporary visas earned around 60% of the doctorates.

Among the permanent residents who got doctorates in economics, 4.9% were black and 71.8% white, with the remaining graduates of Asian, Hispanic, and other descent.

Final Thoughts

Compared to online PhDs  from other disciplines, you won’t find as many online PhD economics programs. However, you can find related programs, like online Doctor of Business Administration ( DBA ) or accounting  with an emphasis on economics-related subjects like microeconomics and macroeconomics. This is a good substitute if your preferred university doesn’t offer a PhD economics online degree.

Considering other business-related PhD programs? Keep a clear path toward a lucrative career with our list of the highest paying PhDs .

Frequently Asked Questions

Can you get a phd in economics online.

Yes – some universities offer online PhD economics programs that you can complete online. Many of these online programs can be completed in as little as three years.

Is an Economics PhD Worth It?

A PhD in economics is one of today’s most sought-after qualifications. Economists are in high demand and have an annual median salary of $105,630 , with prospects even greater for graduates with a PhD.

How Many Years is a PhD in Economics?

A PhD in economics takes 3-6 years to complete.

Lisa Marlin

Lisa is a full-time writer specializing in career advice, further education, and personal development. She works from all over the world, and when not writing you'll find her hiking, practicing yoga, or enjoying a glass of Malbec.

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PhD Program

Year after year, our top-ranked PhD program sets the standard for graduate economics training across the country. Graduate students work closely with our world-class faculty to develop their own research and prepare to make impactful contributions to the field.

Our doctoral program enrolls 20-24 full-time students each year and students complete their degree in five to six years. Students undertake core coursework in microeconomic theory, macroeconomics, and econometrics, and are expected to complete two major and two minor fields in economics. Beyond the classroom, doctoral students work in close collaboration with faculty to develop their research capabilities, gaining hands-on experience in both theoretical and empirical projects.

How to apply

Students are admitted to the program once per year for entry in the fall. The online application opens on September 15 and closes on December 15.

Meet our students

Our PhD graduates go on to teach in leading economics departments, business schools, and schools of public policy, or pursue influential careers with organizations and businesses around the world. 

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Development Economics

Global poverty research lab.

The Global Poverty Research Lab, housed in the Buffett Institute for Global Studies, uses empirical evidence to address the challenges of overcoming poverty and improve well-being in the developing world. The Lab is an academic hub for empirical development economics and related disciplines

VISIT THE  WEBsite

Northwestern has a fast-growing, dynamic group of faculty working in the area of economic development. Development economics increasingly emphasizes research that integrates  cutting-edge theory  and  first-rate empirical work , and Northwestern's development community benefits from interaction with the theory, econometrics, and labor groups within the department, as well as the Mathematical Economics and Decision Sciences, Finance and Management and Strategy groups within the Kellogg School of Management, and the labor and education economists in the School of Education. The department has a weekly Applied Microeconomics seminar and additionally, development faculty and students often attend seminars held by the Institute for Policy Research (IPR), and other departmental field seminars such as theory, macroeconomics, and econometrics.

Within the economics department, Northwestern's development faculty includes affiliates of major research organizations such as the National Bureau for Economic Research (NBER) and Centre for Economic Policy Research, as well as leading development organizations including the Bureau for Research and Economics Analysis of Development (BREAD), Innovations for Poverty Action (IPA), and the International Growth Centre.

In an exciting development, 2011 saw the creation of the Center for the Study of Development Economics (CSDE), a research center based in the economics department and dedicated to top-quality empirical development research. The Center for International Macroeconomics (CIM), a joint venture of the Economics Department and Kellogg School of Management's finance group, also funds research in development economics. These affiliations and resources put Northwestern's faculty at the heart of field-based data collection, including surveys, field experiments, and field-based lab experiments.  In 2017, CSDE joined forces with the newly created Global Poverty Research Lab, housed in the Buffett Institute for Global Studies.

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Ph.D. in Sustainable Development Policy, Economics and Governance

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College of Agriculture and Life Sciences

The Sustainable Development Policy, Economics and Governance (SDPEG) Ph.D. program offers a transdisciplinary doctoral education in the policies, practices and theories of sustainable development. By offering a core curriculum that includes applied policy and economic analysis, governance and process design, social science methods, and professional skills development, the program produces graduates capable of conducting original, applied research that is designed to support sustainability and resiliency across social, ecological, and technical systems. 

This degree will prepare students to assume positions as policy leaders in government, higher education, public and private sector organizations, non-governmental organizations, and research institutes with the expertise and vision to inform local, state, national, and international policy.  

Asim Zia, Director and Professor of Public Policy and Computer Science

Travis Reynolds, Associate Professor

Dan Tobin, Associate Professor

Trisha Shrum, Assistant Professor

David Conner, Professor

Josh Farley, Professor

Sarah Heiss, Associate Professor

Qingbin Wang, Professor

Anaka Aiyar, Assistant Professor

Joe Ament, Assistant Professor

Kate Mays, Assistant Professor

Benjamin Dangl, Lecturer

Edward McMahon, Adjunct Associate Professor

Pablo Bose, Professor

Stephanie Seguino, Professor Emerita

Gregory Rowangould, Associate Professor

Donna Ramirez-Harrington, Associate Professor

Brian Beckage, Professor

Elizabeth Doran, Research Assistant Professor

Jane Kolodinsky, Professor Emerita

Christopher Koliba, Professor Emeritus

Kelsey Gleason, Assistant Professor

Dana Rowangould, Assistant Professor

Degree Requirements

Milestones, guidelines and timeline to degree completion.

Minimum Degree Requirements

The degree requires a total of 75 credits. A minimum of 51 credits must be completed in residence. The residency requirement is completed by courses that:

1. are taken for graduate credit through the University of Vermont, and

2. are taken after the student has been admitted to the Graduate College.

The program’s course of study includes: 

1. 15-credit core 2. Up to 24 transfer credits from prior master’s degree (12 out of 24 transferable credits must meet pre-requisite requirements in statistical methods, research methodology, economics and policy process theory) 3. 15 credits of a pre-approved Certificate of Graduate Study or a customized sequence of advisor-approved graduate level elective courses 4. 21 dissertation research credits

15 credit core includes:

Requirements for Advancement to Candidacy for the Degree of Doctor of Philosophy

Students will advance to candidacy following completion of the core curriculum, passage of a written and oral comprehensive exam, passage of the written dissertation and oral dissertation defense exam, and acquisition of teaching experience in the field of sustainable development policy, economics and governance. A GPA of 3.0 must be maintained.

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Application Procedures & Admissions Requirements

We are no longer accepting applications for Fall 2024. Please check back in September 2024 for updated admissions guidelines. 

ADMISSIONS REQUIREMENTS INCLUDE:

• Master’s degree in public policy, public administration, economics, natural resources, engineering, ecology, food systems, political science or a closely related field, including social sciences, professional fields, and STEM
• Completion of graduate level course in statistical methods
• Completion of graduate level course in research methodology
• Completion of graduate level course in economics
• Completion of graduate level course in policy process theory
• Resume or Curriculum Vitae 
• Applicants must submit evidence of experience and success in the research process such as writing sample(s), and/or evidence of research experience(s) (e.g., theses, term papers, class projects, research reports and/or other descriptions of past research experience from academic or professional lives).
• The Graduate Record Exam (GRE) is optional.
• For international students whose native language is not English or who have not completed undergraduate or master’s degrees in English, scores from the Test of English as a Foreign Language (TOEFL), the English Language Testing System (IELTS), or Duolingo must be submitted.

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Best Online Doctorates in Economics: Top PhD Programs, Career Paths, and Salary

The best online PhD in Economics offers a broad, comprehensive knowledge of how economics affects the global landscape. An online program at the doctoral level in economics provides graduates with the advanced analytical and critical thinking skills they need to build successful careers in banking, government, politics, healthcare, insurance, and non-profit sectors.

If you are looking to get an online PhD in Economics, then this article is for you. This guide contains a list of the best schools you can earn your economics PhD online, their admission requirements and tuition, as well as the economics jobs you’ll qualify for after graduating from business school.

Find your bootcamp match

Can you get a phd in economics online.

Yes, you can get a PhD in Economics online. Online degree programs offer students the opportunity to earn an economics doctoral degree without the inconvenience of taking physical classes on the university campus. Online graduate programs are a great choice for students who are restricted by geographical location or who prefer to take online classes.

Is an Online PhD Respected?

Yes, an online PhD is respected. They have the same coursework, curriculum, and degree requirements as in-person degrees. A survey by the Society for Human Resources Management on hiring practices and attitudes reported that 55 percent of organizations would not give preference to a candidate with an in-person degree over one with an online degree if both had the same job experience.

That being said, students need to ensure that they get their online degrees from an accredited online school . Accreditation demonstrates that a school meets the minimum acceptable academic standards set by an external accreditation body to be able to offer academic degrees. Checking a school’s accreditation status before beginning the application process is recommended.

What Is the Best Online PhD Program in Economics?

The best online PhD program in economics is the PhD in Public Policy – Economic Policy offered by Liberty University. Out of all the online doctoral degree programs on our list, Liberty University’s PhD in Public Policy – Economic Policy’s high-quality curriculum and faculty stand out among the others.

Why Liberty University Has the Best Online PhD Program in Economics

Liberty University has the best online economics PhD program because of its well-rounded curriculum, giving students a comprehensive understanding of national and global public and economic policies. Students take classes taught by industry leaders and experienced policymakers and take high-level courses in public and economic theory and policy, policy analysis, and research design.

Best Online Master’s Degrees

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Online PhD in Economics Admission Requirements

The typical admission requirements for an online PhD in Economics are a Master’s Degree in Economics or in a related field from an accredited institution with a minimum cumulative GPA of 3.0 on a 4.0 scale. Other common requirements include recommendation letters, an interview, your resume, a statement of purpose or personal statement, and professional work experience.

While the specific requirements will differ from one school to the next, prospective students are always required to submit their unofficial or official transcripts of all of their undergraduate and graduate coursework. Although some schools have waived this due to the pandemic, many require students to submit GMAT or GRE test scores as part of the application process.

• A Master’s Degree in Economics or in a related field from an accredited institution
• A minimum cumulative GPA of 3.0 on a 4.0 scale
• Three letters of recommendation
• A copy of your resume
• A statement of purpose or personal statement
• Professional work experience
• Your GMAT or GRE test scores
• An online interview

Best Online PhDs in Economics: Top Degree Program Details

Best online phds in economics: top university programs to get a phd in economics online.

The top university programs to get a PhD in Economics online are able to let students benefit from experiencing diverse cultures and learning from a high-quality curriculum with many research opportunities without having to relocate. It is a great option for students who want to balance school with work, family, or other personal commitments. Here are the best online PhDs in Economics.

California Baptist University was founded in 1950 and is located in the city of Riverside in Southern California. This private, Christian university offers a wide variety of bachelor’s, master’s, doctoral and associate degrees , as well as certificate programs in an in-person and online format.

Doctor of Business Administration

The online Doctor of Business Administration at California Baptist University is a 56-credit-hour doctorate program that equips students with the specialized skills and insights needed to achieve their career goals. Students will gain the tools and theoretical foundation to carry out research and develop actionable plans with the goal of solving complex business problems.

Doctor of Business Administration Overview

• Accreditation: Western Association of Schools and Colleges Senior College and University Commission
• Program Length: 3 years
• Acceptance Rate: N/A
• Tuition and Fees: $795/credit 

Doctor of Business Administration Admission Requirements

• A Master’s Degree in Business Administration from an accredited institution
• A copy of your resume with your work experience and education, and your leadership, professional and scholarly activities
• Meeting the professional guidelines set by the Accreditation Council for Business Schools and Programs (ACBSP)
• Your official transcripts

Hampton University , founded in 1861, is a dynamic institution of higher learning offering a wide range of technical, liberal, and arts degree programs at all education levels. Its 97 degree programs can be found in different fields of study, including business, engineering and technology, nursing, pharmacy, science, and liberal arts.

Doctor of Philosophy in Business Administration

This is a 60-credit-hour program for students aspiring to become consultants, researchers, and academicians in leadership roles in the industry. It is a hybrid program with two compulsory four-week summer residencies. Students take core courses in managerial economics, quantitative business analysis, and accounting.

Doctor of Philosophy in Business Administration Overview

• Accreditation: Southern Association of Colleges and Schools Commission on Colleges
• Tuition and Fees: $695/credit 

Doctor of Philosophy in Business Administration Admission Requirements

• A master’s degree from an accredited institution. Prerequisite courses may have to be taken depending on the master’s degree held
• A copy of your resume with at least three years of work experience relevant to the field of study
• A GMAT score of at least 400
• A written Statement of Career Plans or Professional Plans
• Your official transcripts 

Liberty University was founded in 1971 in Lynchburg, Virginia and is a private, Christian college offering world-class education. It has a total enrollment of over 100,000 students across its over 700 programs at all educational levels, including doctoral programs. The majority of its students are enrolled in online courses, making it one of the largest distance learning institutions in the country.

PhD in Public Policy - Economic Policy

This is a 60-credit hour program for students wanting to learn how to better serve the public interest and create actionable solutions to today’s global economic challenges. It provides the specialized knowledge that students need to land leadership job roles in government, consulting, and international organizations.

PhD in Public Policy - Economic Policy Overview

• Accreditation: Southern Association of Colleges and Schools Commission on Colleges 
• Tuition and Fees: $595/credit 

PhD in Public Policy - Economic Policy Admission Requirements

• Complete and submit an online application form
• A master’s degree with a minimum GPA of 3.0 on a 4.0 scale
• Pay a non-refundable $50 application fee
• Submit your official undergraduate and graduate transcripts

Marymount University is a private catholic university founded in 1950. Ranked 38th among the best southern regional universities by US News & World Report, it has over 4,000 students enrolled in its wide range of bachelor’s, master’s, and doctoral degree programs. Marymount combines theory with experiential learning to provide its students with valuable education, leading them to gratifying careers.

Online Doctor of Business Administration in Business Intelligence

Offered by Marymount’s College of Business, Innovation, Leadership, and Technology, this 36-credit program introduces students to real-world business intelligence tools currently used by professionals in leadership positions. Students develop analytical, higher-order thinking, and research skills and work on a doctoral research project that attempts to solve real-world issues.

Online Doctor of Business Administration in Business Intelligence Overview

• Accreditation: Southern Associations of Colleges and Schools Commission on Colleges 
• Tuition and Fees: $1,140/credit 

Online Doctor of Business Administration in Business Intelligence Admission Requirements

• A completed online application
• A master’s degree in a business or IT related field
• Five to 10 years of work experience
• A minimum GPA of 3.5
• A statement of research background and interest
• A writing sample

Founded in 1947 and headquartered in College Park, Maryland, the University of Maryland - Global Campus (UMGC) is the online division of the University System of Maryland. UMGC first began offering online courses in the mid-1990s and is now home to a wide range of bachelor’s, master’s, and doctoral programs obtainable fully online.

PhD in Business Administration

This 48-credit program provides its students with a solid foundation in economic theory and statistical methods. Offering advanced courses in data analytics, management solutions, and research methods, this terminal degree requires the completion of a 12-credit dissertation project.

PhD in Business Administration Overview

• Accreditation: Middle States Commission on Higher Education
• Acceptance Rate: NA
• Tuition and Fees: $1,087/credit 

PhD in Business Administration Admission Requirements

• Completed the Foundation of Doctoral Studies course with a minimum B grade
• Completion of UMGC’s online admission application
• A master’s degree
• Two professional references
• A personal statement
• A writing sample (optional)
• An interview, if requested by the UMGC admission committee

Online Economics PhD Graduation Rates: How Hard Is It to Complete an Online PhD Program in Economics?

It is very hard to complete an online PhD in Economics. This can be attributed to the stress students experience, as well as lack of motivation. Those that want to pursue a PhD must be certain that they are academically and financially prepared.

How Long Does It Take to Get a PhD in Economics Online?

It takes about three years to get a PhD in Economics online. Although, it can take as long as seven or eight years, depending on the school’s curriculum, learning pace, and specialization. Over these three years, students need to complete a certain number of courses, pass written or oral exams, and research and write a dissertation on their chosen research topic.

How Hard Is an Online Doctorate in Economics?

An online Doctorate in Economics is very hard. It is a broad, multidisciplinary degree that involves the study of complex business, sociology, mathematics, and accounting topics. Students in an online Doctoral Degree in Economics take advanced courses that require strong skills in critical thinking and complex mathematical models to succeed.

The overall level of difficulty of an online PhD in Economics depends on a student’s academic foundation and their chosen program’s curriculum. Programs offered at universities with a higher reputation or higher school ranking are usually more difficult. That being said, these programs will usually better prepare you for the real world and impress potential employers.

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Best PhD Programs

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What Courses Are in an Online Economics PhD Program?

An online economics PhD program includes courses such as Economic History, Economics and Public Policy, Policy Analysis and Research Design, Introduction to Economic Policy Studies, and Managerial Economics. These courses will prepare you for a long and lucrative career in the industry and equip you with the skills you need.

Main Areas of Study in an Economics PhD Program

• Economic history
• Economics and public policy
• Policy analysis and research design
• Introduction to economic policy studies
• Managerial economics

How Much Does Getting an Online Economics PhD Cost?

It costs around $19,314 per year to get an online PhD in Economics, according to the National  Center for Education Statistics. However, this is a ballpark estimate. The actual amount you will spend to get an online economics PhD largely depends on whether the school is public or private. On top of tuition costs, you also need to consider fees, study material costs, and other miscellaneous expenses.

How to Pay for an Online PhD Program in Economics

You can pay for an online PhD program in economics through an upfront payment, grants and scholarships, employer tuition reimbursement, government loans, and private loans. Students in the Peace Corps, AmeriCorps, and the US Military can also benefit from tuition reduction. For example, Liberty University offers their doctoral degree for $300 per credit for members of the military, which is an almost 50 percent discount.

How to Get an Online PhD for Free

You can’t get an online PhD for free. All legitimate PhD programs charge tuition, and there are no fully funded online PhDs in Economics. That being said, students needing financial aid can inquire about available scholarships and grants offered by their school. Online PhD students can register for the Free Application for Federal Scholarship Aid.

What Is the Most Affordable Online PhD in Economics Degree Program?

The most affordable online PhD in Economics is the PhD in Public Policy – Economic Policy offered by Liberty University. At $595 per credit, this 60-credit program costs a total of $35,700 in tuition. Compared to the most expensive program on our list, which costs approximately $52,000, you could save up to $16,300.

Most Affordable Online PhD Programs in Economics: In Brief

Why you should get an online phd in economics.

You should get an online PhD in Economics because it’ll provide you with specialized knowledge of economics and equip you with the in-demand skills you’ll need to work in leadership positions across the fields of politics, history, business administration, and finance. A PhD is the highest level of education you can get and will give you a leg up over other candidates during the hiring process.

Top Reasons for Getting a PhD in Economics

• Increased job opportunities. A PhD in Economics will make you more attractive to employers looking to fill high-level leadership positions in the industry. PhD graduates have more career options than lower-level degree holders.
• Enhanced earning potential. A PhD in Economics can improve your earning potential. The US Bureau of Labor Statistics reports that PhD holders have a median weekly salary of $1,885. This is higher than the salary for master’s and bachelor’s degree graduates.
• Higher employment rate. The skills and knowledge that economics doctoral degree holders have can qualify them for a wider range of positions. In fact, the US Bureau of Labor Statistics also reports that PhD holders have a higher employment rate than all other degree holders.
• Specialized skills. Getting a PhD will provide you with advanced technical skills in your field of study as well as transferable soft skills. Both of these hard and soft skills are things you need to succeed in the highest possible career after graduation.

Best Master’s Degree Programs

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What Is the Difference Between an On-Campus Economics PhD and an Online PhD in Economics?

The difference between an on-campus economics PhD and an online PhD in Economics is each program’s cost, flexibility, interactivity with faculty and fellow students, and availability of funding. While their course content and curricula may be alike, there are a few differences between an online economics PhD and an on-campus PhD in Economics.

Online PhD vs On-Campus PhD: Key Differences

• Cost. Online doctoral programs usually cost less than on-campus degrees. Not only is the tuition itself usually lower for an online program, but you’ll also avoid needing to pay additional fees related to transportation, student accommodation, and labs or study materials.
• Flexibility. Students in on-campus programs have to be physically present at specific times and locations on the school campus to take classes, while online PhD students can take their classes from the comfort of their homes. Many online courses are also asynchronous and can be taken when convenient.
• Interactivity. Students in an on-campus PhD program enjoy physical interaction with faculty and peers, which can help with learning and motivation. On the other hand, online students have to employ virtual platforms to contact faculty at scheduled times.
• Availability of funding. There are more funding opportunities for on-campus students than students in online programs. On-campus students usually have access to fellowships, teaching assistantships, and research assistantships.

How to Get a PhD in Economics Online: A Step-by-Step Guide

To get a PhD in Economics online, you need to gain admission into an accredited university, complete your course credit requirements, pass all examinations, get your dissertation project topic approved, research your dissertation topic, and defend what you wrote during the final stage of the dissertation process. Doctorate programs take a lot of work to complete, but knowing what to expect will help you prepare.

The first step you need to take to get a PhD in Economics online is to look for schools that offer the program and that offer the specific specialization that you want to study. Afterward, you should review each program’s admissions requirement for prospective students. Once you’ve gathered your application materials, you’re ready to apply to your desired doctorate degree programs.

All doctoral students need to complete a certain number of online courses. Some schools also have residency requirements. While these are less common for online programs, residencies do require in-person attendance. Make sure to review the delivery format of each of the doctoral programs you’re interested in before enrolling.

During your PhD program, you will have to pass certain examinations. These examinations are used by the faculty at graduate schools to track and gauge your progress and understanding of the course material. You won’t be able to graduate without passing your examinations.

As you complete your classes, you will also need to pick a dissertation topic and get it approved by the faculty. Your dissertation is a long-term research project that you must complete along the course of your PhD program. Make sure to pick a topic you’re interested in as it’ll make the research process much more enjoyable.

After getting your topic approved, you will be able to start your research, which you will work on either at the same time as or after your course requirements. You will be asked to demonstrate your progress to your dissertation supervisor many times during your studies. It’s typical for 12 of your required credits to be dedicated to your dissertation.

As you research your dissertation project, you will need to write a paper on your findings under the guidance, support, and supervision of your program’s faculty. Once you’ve completed your research and finished writing your paper, you will need to explain and defend your findings to your program’s faculty. Once you pass, you will be able to get your PhD.

Online PhD in Economics Salary and Job Outlook

Online economics PhD graduates can earn between $77,427 and $153,460 per year, depending on their job title, location, employer, and experience. An online PhD in Economics will provide you with the skillset needed to land high-paying roles in different sectors, including academia, business, finance, government, and politics.

What Can You Do With an Online Doctorate in Economics?

With an online Doctorate in Economics, you can become an economic consultant, postsecondary professor of economics, economist, financial manager, and financial analyst. Some of these roles are high-paying senior-level positions requiring applicants to hold a PhD.

Best Jobs with a PhD in Economics

• Economic Consultant
• Postsecondary Professor of Economics
• Financial Analyst
• Financial Manager

Potential Careers With an Economics Degree

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What Is the Average Salary for an Online PhD Holder in Economics?

The average salary for a PhD holder in Economics is $110,000 per year , according to PayScale. PhD graduates can qualify for a wide range of high-paying positions across many industries. Keep in mind that your actual annual salary can vary depending on factors such as location, years of experience, industry, and position.

Highest-Paying Economics Jobs for PhD Grads

Best economics jobs for online phd holders.

Knowing the best economics jobs for online PhD holders will help you decide whether or not it’s worth it for you to embark on the long journey of earning your PhD. In this section, we’ve  put together a list of the best economics jobs for online PhD holders, a description of what they do, their job outlook, the number of jobs, and the highest-paying states.

Financial managers coordinate banking, accounting, insurance, security, and other financial operations in an organization. Financial management includes ensuring good financial health, monitoring cash flow, managing an organization’s expenses, analyzing profitability, and providing accurate financial information.

• Salary with an Economics PhD: $131,710
• Job Outlook: 17% job growth from 2020 to 2030
• Number of Jobs: 681,070
• Highest-Paying States: New York, Delaware, New Jersey, Colorado, District of Columbia

Economists collect and analyze data to study the relationship between economic resources and the production and distribution of goods and services. They conduct surveys and review economic problems to find actionable solutions. They also advise businesses and organizations on economic issues.

• Salary with an Economics PhD: $105,630
• Job Outlook: 13% job growth from 2020 to 2030
• Number of Jobs: 18,600
• Highest-Paying States: New York, District of Columbia, California, New Hampshire, Illinois

Professors of economics teach in economics departments at a university. They prepare and deliver lectures, examinations, and curricula for undergraduate and graduate economics students. They also conduct research and publish their findings to contribute to the field of economics.

• Salary with an Economics PhD: $96,198
• Job Outlook: 12% growth from 2020 to 2030
• Number of Jobs: 1,276,900
• Highest-Paying States: New Hampshire, Montana, California, Indiana, District of Columbia

Financial analysts study current and past financial data and economic trends to gain a better understanding of a company’s financial health. They advise the organization on the best investments to make to help them maximize profits according to the data they’ve studied.

• Salary with an Economics PhD: $81,410
• Job Outlook: 6% job growth from 2020 to 2030
• Number of Jobs: 492,100
• Highest-Paying States: New York, Alaska, Connecticut, District of Columbia, Wyoming

Economic consultants develop plans to improve the policies and operations of the company they work for to increase their economic gains. They conduct surveys and create forecasts to discover economic trends to improve the company’s practices. They also work in the production, budgeting, and accounting department to optimize quality control practices.

• Salary with an Economics PhD: $77,427

Is It Worth It to Do a PhD in Economics Online?

Yes, it is worth it to do a PhD in Economics online because it allows you to get advanced education and expertise in economics from the comfort of your home while preparing you to land high-profile positions where you can make an impact on the world. Economics PhD graduates gain advanced knowledge in the theoretical foundations, methodology, and philosophy of economics.

Additional Reading About Economics

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Online PhD in Economics FAQ

Yes, you can do a PhD in Economics entirely at a distance. An increasing number of schools are beginning to offer completely online economics PhD programs for distance learners. Online degrees are respected by hiring managers as well and are considered as good as in-person degrees.

No, you can not get a PhD in Economics in one year. It usually takes a minimum of three years to complete the graduate degree requirements. This includes the credit requirements and dissertation paper.

Yes, it is possible to do a PhD in Economics without a master’s. Although the typical requirements for a PhD program include having an in-person or online Master’s Degree in Economics or relevant field from an accredited institution, some schools allow students to apply to their PhD program without one.

No, 50 is not too late to get a PhD. There is no age limit in the pursuit of higher education, and you can go back to college at 50 or at any time you want. Anyone can enroll in a PhD program regardless of age. All it takes is the willingness to learn and the determination to succeed. In fact, your work experience can help you get into a PhD program.

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Best Development Economics Programs

Ranked in 2022, part of Best Social Sciences and Humanities Schools

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Development economists are concerned with the state of low-income countries and citizens. They may work in research and policy analysis for government agencies and nonprofits. These are the top graduate schools for development economics. Read the methodology »

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Economic Analysis & Policy

Our doctoral program in the field of economic analysis and policy prepares students for research careers in economics. The program offers rigorous training and has several distinct advantages:

Low Student-to-Faculty Ratio

First, enrollment in the program is small. This encourages close faculty-student contact and allows students to become involved in research very early. Students work first as assistants on faculty research projects and, as their interests and skills develop, on their own research. Students often begin their publishing careers before completing their degrees.

Flexible and Innovative Program

Second, the program is flexible and innovative; students can draw on both the school’s and the university’s distinguished faculty. In addition to the faculty in the economics group at Stanford GSB and in the university’s economics department, students have access to faculty in political and behavioral sciences; accounting and finance; mathematics, statistics, and computer science; and many other disciplines.

A Top-Ranked School

Third, the program is part of a top-ranked professional school. This setting allows students to gain a deeper understanding of the actual processes of business decision-making and public policy formulation.

Preparation and Qualifications

Students who enroll in this program have a substantial background in economics and mathematics. They are expected to have, minimally, mathematical skills at the level of one year of advanced calculus and one course each in linear algebra, analysis, probability, optimization, and statistics.

The faculty selects students based on predicted performance in the program. Evidence of substantial background or ability in the use of mathematical reasoning and statistical methods is important. Most successful applicants had quantitative undergraduate majors in economics, mathematics, or related sciences.

In addition to evidence of ability and letters of recommendation, the faculty considers carefully the applicant’s statement of purpose for pursuing the PhD degree. The successful applicant usually has clearly defined career goals that are compatible with those of the program.

Acceptance into the program is extremely competitive. Admitted applicants compare very favorably with students enrolled in the top economics departments of major universities.

Economic Analysis & Policy Faculty

Mohammad akbarpour, claudia allende santa cruz, susan athey, lanier benkard, jeremy i. bulow, modibo khane camara, sebastian di tella, rebecca diamond, yossi feinberg, guido w. imbens, charles i. jones, michael ostrovsky, garth saloner, yuliy sannikov, kathryn shaw, andrzej skrzypacz, paulo somaini, juan carlos suárez serrato, takuo sugaya, christopher tonetti, shoshana vasserman, ali yurukoglu, weijie zhong, emeriti faculty, alain c. enthoven, robert j. flanagan, david m. kreps, peter c. reiss, john roberts, a. michael spence, robert wilson, recent publications in economic analysis & policy, an economic framework for vaccine prioritization, pricing power in advertising markets: theory and evidence, career: a foundation model for labor sequence data, recent insights by stanford business, nine stories to get you through tax season, a.i. can help “personalize” policies to reach the right people, stanford gsb faculty share their holiday reading lists, placement director.

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The Ph.D. Program in the Department of Economics at Harvard is addressed to students of high promise who wish to prepare themselves in teaching and research in academia or for responsible positions in government, research organizations, or business enterprises. Students are expected to devote themselves full-time to their programs of study.

The program prepares students for productive and stimulating careers as economists. Courses and seminars offered by the department foster an intellectually active and stimulating environment. Each week, the department sponsors more than 15 different seminars on such topics as environmental economics, economic growth and development, monetary and fiscal policy, international economics, industrial organization, law and economics, behavioral economics, labor economics, and economic history. Top scholars from both domestic and international communities are often invited speakers at the seminars.  The Harvard community outside of the department functions as a strong and diverse resource. Students in the department are free to pursue research interests with scholars throughout the University. Faculty of the Harvard Law School, Kennedy School of Government, and Harvard Business School, for example, are available to students for consultation, instruction, and research guidance. As a member of the Harvard community, students in the department can register for courses in the various schools and have access to the enormous library resources available through the University. There are over 90 separate library units at Harvard, with the total collections of books and pamphlets numbering over 13 million.  Both the department and the wider University draw some of the brightest students from around the world, which makes for a student body that is culturally diverse and likely unequaled in the range of intellectual interests of its members. These factors combine to add an important dimension to the educational process. Students are able to learn from one another, collaborate on research projects and publications, and form bonds that are not broken by distance once the degree is completed and professional responsibilities lead them in different directions.

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Ph.D. in Economics

The Ph.D. Program in Economics at Georgia Tech has research strengths in the applied areas of health, energy & environmental economics, global development, international economics, market design, and game theory. Underpinning all our applied fields are strengths in microeconomic theory and statistical methods. 

The program prepares students for research careers in academics, government, and the private sector.

Students in the Ph.D. program benefit from:

• Enthusiastic faculty to mentor students
• High faculty-to-student ratio
• Exceptional research opportunities at the Health Economics and Policy Innovation Collaborative (HEPIC), the Georgia Tech Research Institute (GTRI) , the Atlanta Research Data Center (ARDC) , and the Federal Reserve Bank of Atlanta
• Science, Technology, Engineering, and Math (STEM) Ph.D. Program certification 1
• Core curriculum strengths in Microeconomic Theory and an exceptionally strong Econometrics sequence
• Georgia Tech Ph.D. Interdisciplinary Minor
• Tech to Teaching Certificate for the graduate teaching assistants, including opportunities to teach your own courses
• Competitive financial support for select students
• Georgia Tech’s location in the dynamic Midtown area of the city of Atlanta , one of the fastest-growing metro areas in the country

During the first year of the program, our students concentrate on the core areas of Econometrics and Microeconomic Theory. In the second year of the program, students choose one or more fields of specialization and begin focusing on their dissertations.

We offer competitive support packages through the Georgia Tech Graduate Teaching and Research Assistantships for select students. Please, consult the rest of the site for additional information. 

Newly admitted Ph.D. students start their program in the Fall semester of each academic year. The application deadline for the Ph.D. in Economics program is Feb. 1  for admission in the Fall semester.

To be considered, applications must be completed with all supplemental materials submitted to the Georgia Tech Office of Graduate Studies  by the posted deadline. Please contact Olga Shemyakina for more information on our Ph.D. program.

1 STEM certification also benefits international students who can, upon graduation, apply for a STEM Optional Practical Training (OPT) visa extension that allows them to work in the United States for up to 29 months rather than one year.

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Applied Economics

Wharton’s highly selective phd program in applied economics offers students many resources not available at other institutions, such as 1:1 faculty to student ratio, five years of funding, and minimal teaching requirements..

Combining the faculties of the departments of Real Estate and Business Economics & Public Policy, Wharton’s Applied Economics program leverages the breadth and depth of its faculty to prepare students for careers doing frontier theoretical and empirical research. Students can focus on a variety of research areas, including Behavioral Economics, Development and International Economics, Energy and Environmental Economics, Health Economics, Industrial Organization and Regulation, Labor Economics, Law and Economics, Market Design, Public Economics, Risk and Insurance, Urban Economics and Real Estate. You can find the list of Applied Economics Faculty here.  Students may also develop an inter-disciplinary focus by taking courses and working with faculty in some of the other departments at Wharton such as Finance, Health Care Management, Management, and Marketing.

For more information on courses, please visit the University Graduate Catalog .

Sample Schedule

The course of study for the Ph.D. in Applied Economics requires the completion of 15 graduate course units. The common core consists of 3 theory courses and 3 statistics/econometrics courses. Students are also expected to master two field areas by passing two courses in each (total of 4 courses units). The remaining course units necessary to achieve 15 are split between the mandatory graduate student research seminars and other electives.

ADMISSIONS AND FINANCIAL AID

Students will apply for admission to the Wharton Program in Applied Economics, and may, if they wish, indicate a preferred field of study in their application. All else equal, the admissions committee may consider field choice in determining admission. Fellowship support will be in accordance with usual Wharton and University guidelines.

CORE REQUIREMENTS

Students will be required to master core materials in economic theory covering the topics of household decision-making, production theory, theory of markets and market failure, game theory, decision-making under uncertainty, and resource allocation in dynamic economies. The following courses will satisfy the three-course economic theory requirement:

Microeconomic Theory I: ECON 7010 Microeconomic Theory II: ECON 7110 Macroeconomic Theory: ECON 7200 or 7210 or FNCE 9240

Students will be required to master core materials in applied econometrics covering the topics of statistical inference, linear regression analysis, panel regression analysis, and estimation of models using discrete dependent variables. The following courses will satisfy the three-course econometric/statistics requirement:

Econometrics: ECON 7300, FNCE 9260, ECON 8310 or ECON 7310, BEPP 9110 and BEPP 9310

FIELD REQUIREMENTS

In addition to the core theory and econometrics materials, students will be required to master two applied fields by passing two courses in each field. Students will be free to offer their own field as a substitute with approval of the graduate group chair and (when relevant) an appropriate advisor from another Wharton graduate group.

• Development Economics BEPP 9410: Development Economics • Industrial Economics and Business Regulation: BEPP 9870: Industrial Organization and Competition Policy HCMG 9020: Special Topics of Health Services Research: Industrial Organization of Health Care ECON 8450: Empirical Methods in Industrial Organization • Market Design BEPP 9710: Market Design • Public Economics and Political Economy: BEPP 9330: Public Economics: Social Insurance & Government Expenditures HCMG 9030: Public Policy ECON 8410: Public Economics I ECON 8411: Public Economics II • Urban Economics and Real Estate: REAL 9450: Urban and Real Estate Economics REAL 9460: Advanced Topics in Urban Economics REAL 9470: Advanced Real Estate and Urban Economics • Behavioral Economics: BEPP 9040: Experimental Economics: Methods and Applications OIDD 9000: Foundation of Decision Processes OIDD 9040: Experimental Economics

In addition, all students must take elective courses to achieve the necessary 15 Course Credits to be eligible for Dissertation Status.

During the second and third year of the program students will be required to attend and actively participate in the graduate student research seminar. Students will also be responsible for presenting a paper of original research to the seminar before entering dissertation status. All students will also be required to attend the faculty Applied Economics Workshop during the 2nd and 3rd years.

BEPP 9000: Research Seminar BEPP 9620: Applied Economics Seminar

QUALIFYING EXAM

At the end of first year (usually in last week of May or first week of June), students are expected to take and pass the qualifying exam for Microeconomic Theory and the qualifying exam for Econometrics. These exams are written and graded by the Wharton Applied Economics PhD Committee. If a student fails in one qualifying exam, another opportunity to take that exam will be given at the end of the second year.

Students can also request a waiver for one or both exams if they perform well in the courses associated with each exam. A satisfactory performance for Microeconomic Theory, for example, corresponds to having at least a B- or better in each micro course, and an average of B or better.

FACULTY ADVISORS

Students are required to select or are assigned two faculty advisors in the beginning of the second year in the program. Because the student will not have had all of the major field courses at that time, it is possible that a student will later decide to change advisors; such an eventuality will be considered a normal outcome. In addition, since students will not have had all of the major field course work by June of their first year, they should “read ahead” in their chosen fields to begin identifying a research topic for the Second Year Paper. Students are expected to initiate meetings with faculty members to discuss possible research topics, and these meetings should begin as early as possible after the student enters the program and are part of the process of getting to know the faculty and learning about the field.

CANDIDACY PAPER

The Program in Applied Economics provides students with several opportunities to conduct research. All students are required to write a candidacy paper in their second year to be submitted in the summer of the second year in the program. This paper should demonstrate the student’s ability to conduct PhD quality research. This is often used as the Master’s Thesis submission- and, as the title implies, it is one of the requirements for admission to Doctoral candidacy.

The deadline for submission of the Candidacy Paper is strictly enforced, and failure to complete and submit the paper by the deadline (July 15 of the end of the student’s second year in the program) is grounds for dismissal from the program. The paper must be submitted to the faculty members who are the student’s principal advisors for the project, as well as to the Doctoral Coordinator. A copy of the candidacy paper, together with letters from two faculty members noting approval of it, must be in each student’s file in the Program office prior to the start of the student’s fifth term (typically the start of the third year). Failure to fulfill this requirement may result in the student being dropped from the program.

The main objective of the candidacy paper is to demonstrate the student’s ability to do original research. Often the Candidacy Paper is submitted for publication, and it can also serve as the foundation for PhD research, possibly as a dissertation essay. The Candidacy Paper must be solely authored by the student, not co-authored with the faculty advisor.

Milestones on the road to the candidacy paper are as follows:

September of 2nd year in the program Fall semester, 2nd year Spring semester, 2nd year Faculty advisors selected Candidacy Paper proposal Work on Candidacy paper Submit final version of Candidacy Paper

ADMISSION TO CANDIDACY Before admission to candidacy, the student is required to:

• Complete all required coursework, including all core courses, with at least a B + or better in each course and with an average GPA of B+ or better. (For some courses, a passing grade on a qualifying exam can substitute for a grade below B.)
• Pass both qualifying exams or request exam waivers.
• Submit a satisfactory candidacy paper

THE PHD DISSERTATION The best ways to find a dissertation topic is to talk to the program faculty and read the literature. Discussions with faculty can range from “cold calls,” where the student asks the faculty member for topic suggestions, to more proactive visits where the student discusses potential topic ideas that have come up in course work or research seminars. Students should also take a close look at recent dissertations written by students in their major field as well as dissertations written by students from other Wharton departments.

There are two primary models for the organization of dissertations. The “single study” traditional dissertation, and the essay approach. In the latter approach, two or three essays are generally found acceptable by the student’s dissertation committee, depending on length and quality. Dissertation essays are more prevalent for a number of reasons, including most importantly, (a) the Candidacy Paper may be permitted to constitute a substantial part of one essay, (b) an essay can be used as an interview paper (see discussion below), and (c) if properly structured, an essay can often be converted into a paper to be submitted to a journal. Whether two or three essays are appropriate depends on the length and complexity of the research undertaken and is determined by the student’s dissertation committee.

Dissertation essays may be co-authored, although the extent to which this is appropriate will depend on each student’s topic, doctoral committee, and faculty advisor. A circumstance where a co -authored essay might be appropriate could arise from a joint research project with a faculty member. However, the student’s dissertation must include at least one essay that is solely authored by the student. The dissertation process must begin with the selection of a principal advisor or co-advisors. Each student is responsible for this selection, and then the student works with the advisor(s) to select the dissertation topic and begin exploratory research. The student and advisor then work together to select committee members. Committee members can be approached to join the committee by either the student or the principal advisor(s). The student should work with the advisor(s) to arrange a mutually agreeable procedure. The student should review the Wharton Doctoral Programs Policies and Procedures, to be sure that the committee structure satisfies the overall requirements of the Wharton Doctoral Program.

Important: the PhD Dissertation proposal must be defended before the end of the fourth year in the program. Failure to defend can result in dismissal from the program.

GOING ON THE JOB MARKET The ultimate objective of the Wharton Doctoral Program is to prepare our students for a teaching and research career, ideally at a college or university. Because the placement process for academic jobs is lengthy, students should become familiar with it well in advance of the “job market year.” The program provides full support for students going on the job market, and a series of meetings and timelines are provided to the students during the fourth and fifth years in the program.

PROGRAM ADMINISTRATION The program will be administered by the graduate group in Applied Economics. Primary appointments in the Departments of Business Economics and Public Policy and Real Estate will be automatic members of the graduate group and comprise the initial membership of the graduate group. The graduate group can extend membership to other Wharton and University faculty as they consider appropriate. The graduate group will decide on its preferred administrative structure. Currently, the chairs of the departments of Real Estate and Business Economics and Public Policy are responsible for jointly appointing a PhD Coordinator that will serve a two-year term, with the option to renew it for another two years. The PhD Coordinator is also the representative for the group to the Doctoral Executive Committee.

STUDENT INVOLVEMENT Students are expected to spend full-time on their coursework and research during the first two years of the program. In subsequent years, students are expected to work with faculty, preferably as research assistants or co-authors, thereby gaining the experience required to be successful researchers. Students are also required to TA a core course (any alternatives will need to be approved by the PhD Coordinator) each in their 3rd year and 4th year of the program as a funding requirement. Other activities that further the student’s research careers are encouraged, subject to the approval of the doctoral coordinator (this includes teaching assistant positions). Failure to communicate with the doctoral coordinator about a research assistant or teaching job may result in cancellation of your scholarship.

Get the Details.

Visit the Applied Economics site for details on program requirements and courses. Read faculty and student research and bios to see what you can do with an Applied Economics PhD.

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• Our PhD programmes

PhD in International Economics

The PhD programme in international economics offers a rigorous and stimulating course of study where you will develop research skills allowing you to contribute to expanding knowledge with a policy orientation. Our faculty has expert knowledge over a wide range of issues in international economics, including international trade, the impact of globalization, international financial markets, sustainable finance and macroeconomic policy design. Professors have active connections with economic policy institutions and bring you exposure to the latest debates in policy circles.

Our Phd is structured around the training program of the Gerzensee Study Center (becoming compulsory as core courses from 2024 onwards) as well as two specialized courses to choose from.  Those courses focus on Macroeconomics, Trade, Development Economics, Econometrics and Environment. Our high faculty to student ratio, collegial atmosphere among students, and a range of research and policy seminars ensure that you will develop a solid set of skills and insights. The blend of technical skills and policy analysis that you will gain will prepare you for careers in international economics , both in policy institutions and academia, where recent graduates have secured highly competitive positions.

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Economics PhD Placement

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PhD in Development Economics

Our four-year PhD programme offers a stimulating environment in which highly-qualified graduates can develop research skills that will enable them to contribute to knowledge in the field of Development Economics with a policy orientation. Our faculty focuses on a wide-range of topics, from global macroeconomic issues, such as the determinants of economic growth, to microeconomic work on financial inclusion, gender, education, health, SME development, sustainable finance and migration.

Our Phd is structured around the training program of the Gerzensee Study Center (becoming compulsory as core courses from 2024 onwards) as well as two specialized courses to choose from.  Those courses focus on Macroeconomics, Trade, Development Economics, Econometrics and Environment. PhD students also have the opportunity to contribute to teaching, policy seminars and research activities at the Institute and will be well prepared to participate and present in international conferences. Through this process, we aim at preparing young economists who are sought-after by academic institutions, international organisations and the private sector. Recent graduates have been successful in securing highly competitive jobs in each of these areas.

PhD courses open to students from other Swiss universities

The International Economics Department welcomes participants from Swiss universities in its PhD courses.  

With this initiative, the Department wishes to provide PhD students working in international economics in Switzerland an opportunity to interact and develop a community with their peers.  

We offer courses in Development Economics, International Trade and International Macro/Finance. These courses are organised in the form of modules concentrated over consecutive days to allow students to participate on-site. Remote access will also be provided. 

Students are welcome to take the course for ECTS credits or to participate as auditors.

If you are interested in one or more courses, please send a message to [email protected] .

PhD courses open to students from other Swiss universities

Digital skills for phd students.

The P8 programme, initiated by Swissuniversities in 2019, aims to enhance digital skills in education. Specifically focused on supporting universities, the programme offers workshops for PhD students from the Geneva Graduate Institute.  These workshops combine traditional presentations with practical exercises to impart knowledge and skills, creating new learning opportunities. While these workshops do not provide academic credits, students who attend and complete a workshop will receive a certificate.  Further information regarding upcoming workshops and our previous workshops can be found on the Libguide . 

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Mphil/phd in development economics.

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Key information

Home student fees (full-time) : £4,860 per year Home student fees (part-time) : £2,430 per year Overseas student fees (full-time) : £22,490 per year Overseas student fees (part-time) : £11,245 per year

Please note that fees go up each year.   See  research fees  for further details.

Admission and thesis requirements. A good Masters degree in Economics plus one reference is usually required. Students are normally registered for the MPhil degree in the first instance. Once approval of the Research Student's Supervisory Committee has been received, the student's registration is upgraded to PhD status (and backdated to the commencement of the MPhil registration), usually at the end of the first year of study, for which the minimum registration period is double that of full-time study. Candidates are expected to present a thesis of not more than 55,000 words for the MPhil, while for the PhD the maximum length is 100,000 words. International applicants should also see  Doctoral School English language requirements

Course overview

The PhD in Development Economics is a research degree offered by the Department of Economics, and is also part of the PhD pathway, 'International Development', within the Bloomsbury Doctoral Training Partnership.

The latter forms one of the few Centres recognised by the UK's Economic and Social Research Council (ESRC), thereby receiving financial support, and especially individual grants, for MSc and PhD students.

Why study PhD Development Economics at SOAS?

• We are ranked 27th in UK for economics (QS World University Rankings 2023)
• We are top 20 in the UK for student satisfaction with teaching (Complete University Guide 2023)
• We are top 40 in the UK for economics (Complete University Guide 2023)
• This PhD pathway is open to applicants whether or not eligible for, or in receipt of, ESRC funding, with ESRC-funded students expected to form a small minority overall. Successful applicants to the MPhil/PhD in Development Economics will normally have a good Master's degree in a relevant subject if entering directly into the MPhil/PhD pathway although each applicant is assessed on merits including work and other experience
• The first year of training involves attendance at courses and/or seminars but not usually formal written examinations. Students are registered for an MPhil in their first (full-time equivalent) year but usually convert to a PhD after their upgrade viva rather than continuing to the MPhil qualification
• An essential feature of the MPhil and PhD process is the close working relationship between research students and supervisors. Supervisors and students meet regularly and consult closely. All research students have a Supervisory Committee to cover theoretical, empirical and regionally-specific supervision, as appropriate

Research student tutors

There are Research Student Tutors with overall responsibility for research students, who are available for discussion of general problems. And the Departmental Empirical Support Committee (DESC) offers detailed and individual advice to students about fieldwork and empirical analysis as appropriate.

As necessary, upon request, DESC will consider individual student needs and allocate one or more members of staff (not necessarily the supervisor) to advise.

Workshop/seminar

Students are required to participate in a workshop/seminar in which research topics and results are presented and discussed by staff and students. In addition, there is a regular Departmental seminar, to which members of the Department and visiting speakers present papers.

There is a strong interdisciplinary basis for research and teaching in political economy, development economics and area or specific country studies. London, moreover, provides an unrivalled opportunity for students to hear papers read by leading authorities in African and Asian studies, as well as in economics and development more generally.

Many SOAS research students spend some time doing fieldwork in the regions of their research. The Faculty of Law and Social Sciences and the School as a whole, through their various connections with individuals and institutions in the universities and governments of Asia and Africa, can usually facilitate this with personal contact and introductions.

Scholarships, funding and ESRC recognition

There are a number of scholarships available to research (and MSc) students at SOAS. Please see Scholarships and Bursaries for further information. But it is a condition of acceptance that students embarking upon a research degree have the capacity to fund the full duration of their studies. There may be some paid opportunities for teaching, normally not in the first year, but these cannot be relied upon and will not begin to cover fees and maintenance fully.

The research degree embodies a core of training in research methods combined with a clear structure of progression thereafter. The training components are explained below. The duration and structure of the research degree will be as follows:

Full time research degree: 3 years plus 1 year writing up

Year 1 -  research training.

Research students will take the 'Research Methods for Development Economics' course in the Economics Department.

Year 1 -  Upgrade

Students will normally be expected to pass an upgrade from MPhil to PhD status within 9 months of commencing the degree.

Year  2-3 -  Research

Core research undertaken; primary and secondary data collection as appropriate, thesis chapters finalised.

Year 4 -  Write up

If necessary a fourth year can be taken to write the final thesis. Examination of the thesis will take place after submission within the 4th year.

Part-time research degree: 6 years, plus 1 year writing up

The research degree can be undertaken over 6 years:

• Research Methods course must be taken over the first two years.
• Upgrade  will take place withing the 21 months after initial registration.
• Examination  will take place after submission within the writing-up year (year 7) at the latest.

Important notice

The information on the website reflects the intended programme structure against the given academic session. The modules are indicative options of the content students can expect and are/have been previously taught as part of these programmes. However, this information is published a long time in advance of enrolment and module content and availability is subject to change.

Teaching and learning

Research training in development economics.

All research students are expected to attend a dedicated research student seminar. In addition, a separate programme of research training is offered for first-year students. The sessions will deal with theoretical and methodological issues in Economics and Development Economics, as well as subject-specific guidance on other generic research skills (such as literature reviews, fieldwork planning).

In addition, students will attend a termly Development Economics research day, where there will be a mediated discussion of theoretical and methodological issues faced and an opportunity for students to present their own research. Students will also attend the general Research Students Seminar that provides a range of input for all stages in the completion of a PhD and Early Career Development for Development Economists.

• to encourage and enable students to complete an original thesis in the expected time.
• to provide training and experience in fieldwork and across a variety of schools of economics and in a variety of statistical techniques.
• to allow flexibility in training to suit students with different backgrounds and subsequent research needs.
• to make available and to monitor first class research supervision with the involvement of at least two members of staff through individual Research Student Supervisory Committees.
• to encourage knowledge of other relevant disciplines and the adoption of an interdisciplinary approach where appropriate.
• to equip students with the ability to assess one another's work critically, whether in response to written or spoken presentation.
• to obtain language skills as appropriate.
• to ensure students experience a congenial and productive environment for the conduct of research through availability of a wide range of facilities and full participation in the intellectual life of the Department and School.  Library facilities are outstanding and computing facilities are attuned to student needs.
• to emphasise the relevance of research to theoretical, empirical and policy issues.
• to draw upon the Department's particular strengths, especially its expertise in different approaches to economic problems and its experience in problems of development, specific regions, and comparative analysis.
• to involve students in the specialised Centres of the School where appropriate.
• to advise on publication and career progression.

A broader student-tailored programme of training needs can also be established in the first weeks of study, with a range of courses available from the Department’s MSc programmes. To this end, all students should undertake a Training Needs Analysis with their supervisor in the first weeks of Term 1 .

Supervision

1. The role of the second and third members of the Supervisory Committee (SC) Will be focused on the following two core tasks:

• Participate in the upgrade process of the student, including the final decision relating to his/her transfer from MPhil to PhD.
• Participate in other dicisions relating to his/her eligibility for enrolment on Extension of Writing-up (Continuation) Status or, where necessary, termination of registration.

2. In addition to these core roles, the second and third members of the SC may be expected to:

• Enhance or augment the supervision of the student by contributing addition guidance and expertise, if required/sought by the student and/or the supervisor throughout the time of active research.
• To act on behalf of the supervisor during unforeseen periods of absence. This role will have be agreed by consent of all parties (student, supervisor and the two members of the SC) and one of the two members will be designated as cover in absence for the period in question.

3. Only rarely is joint supervision allowed, for which a strong case would need to be made. Whilst the primary responsibility for guiding student's research and to review written work and progress rests with the supervisor, once upgrade is successfully completed, other members of the supervisory committee must receive the student’s thesis drafts at appropriate times, with support also available to students from the Departmental Empirical Support Committee (DESC).

Computing facilities

Full computing facilities are available to postgraduate students. Computers dedicated for the use of research students in the Economics Department are also available. Software available includes word-processing and specialised statistical, econometrics and spreadsheet packages. The School’s computing staff are on hand to assist with general computing problems.

SOAS Library

SOAS Library is one of the world's most important academic libraries for the study of Africa, Asia and the Middle East, attracting scholars from all over the world. The Library houses over 1.2 million volumes, together with significant archival holdings, special collections and a growing network of electronic resources.

Scholarships

Fees and funding, fees for 2023/24 entrants per academic year.

Please note that fees go up each year.

See  research fees  for further details.

Economics graduates leave SOAS with a solid grounding in statistical skills and an ability to think laterally, take a global perspective, and employ critical reasoning.

Recent graduates have been hired by:

• Bain & Co
• Bank of America
• Cabinet Office
• Ernst & Young
• NHS England
• Foreign and Commonwealth Office
• Department for Business, Energy and Industrial Strategy
• National Institute of Public Finance and Policy, New Delhi
• UK Civil Service
• United Nations High Commissioner for Refugees (UNHCR)
• University of Bayreuth
• HM Treasury
• Department for International Development
• King’s Investment Fund
• The World Bank
• British Chamber of Commerce
• European Commission
• Institute for Social and Economic Studies
• International Climate Change Economics
• Overseas Development Institute

Find out about our  Careers Service

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The Ph.D. program at Berkeley is designed for students interested in pursuing advanced study and conducting original research in Economics. The Ph.D. degree is awarded in recognition of the recipient's qualifications as a general economist and of the ability to make scholarly contributions in fields of specialization.

In advancing to the Ph.D. degree, students pass through two major stages:

• Preparation for candidacy typically takes two to three years. During the first two semesters, students take courses to achieve competence in econometric methods, methods of economic history and fundamentals of microeconomic and macroeconomic theory. During the next two years, students prepare for examination in two fields of specialization of their choosing, prepare a dissertation prospectus, and take an oral examination. When these steps are completed, students are advanced to candidacy.
• Completion of a dissertation after advancing to candidacy typically takes one to two years. The dissertation must be based on original research and represent a significant contribution to the body of Economic knowledge.

The entire process takes approximately five to six years, although some students are able to complete the program in less time. Below is an overview of the program requirements by year and other pertinent information.

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Online PhD Economics

By Brandon Mario D`Souza

Updated march 16, 2024.

Brandon Mario D’Souza

Registered Social Worker – Social Work England

Brandon is a registered social worker with Social Work England. He obtained his master’s in social work (personnel management & industrial relations) and used it in fields such as water treatment, construction, software, and education. Then he transitioned to the health and social care sector with an M.Sc. in health psychology. Brandon loves to write, cook, and play musical instruments (piano, guitar, melodica, ukulele, and kazoo) and enjoys the calmness and serenity of nature.

Master of Social Work, Master of Health Psychology

Areas of Expertise & Credentials

None to disclose in particular; the basics are covered in the short bio.

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The online PhD economics program prepares aspiring individuals for careers in academia, research, and government by combining a rigorous technical education with an emphasis on research that is relevant to policy. An Online PhD Economics graduate will be proficient in economic theory, statistical techniques, and applied field knowledge. They would be able to pose and empirically address economic questions, paving the way to various careers in many sectors. According to the U.S. Bureau of Labor Statistics (BLS), jobs for economists are rapidly expanding and are expected to grow by 13% between 2020 and 2030 . This guide gives prospective doctoral students an in-depth understanding of online PhD economics programs, including what the program entails, research areas, career options, and more.

Best Online PhD Economics Programs

Most prospective PhD students struggle to find the top universities for PhD in economics, behavioral economics PhD rankings, and so on. This is because several factors must be considered when ranking a school, such as the faculty’s quality and experience, availability of suitable PhD guides or mentors, access to excellent research facilities, accreditation, and more. FBD teams searched the country for the top economics PhD programs based on these and other criteria. As a result, here is a list of the best universities for PhD in economics: *

Liberty University

Ottawa university, marymount university, hampton university, pardee rand graduate school, california baptist university, university of southern mississippi.

Universities and programs are ranked by various factors, such as affordability, curriculum and coursework, reputation and availability, program length, statistics, the potential of employment, and return on investment for the students. For a more in-depth analysis, please read about our rankings methodology page . 

What to Expect from Online PhD Economics Programs

Doctor of economics programs are designed for students with exceptional promise who want to prepare for careers in teaching and research in academia, as well as positions of responsibility in research organizations, government, or business enterprises. Students in these programs are prepared for productive and stimulating careers as economists. The program’s courses and seminars foster an intellectually active, cognitively strong, and stimulating environment.

The doctoral program is divided into 2 to 3 years of coursework, followed by the dissertation years. During the first year, all students take a set of core courses and field courses in their chosen specializations. The second and/or third year field coursework must typically be completed in either econometrics, macroeconomics, international trade, industrial organization, or public economics. Of course, this would vary by college and program. Students then enter the program’s dissertation phase after completing the required coursework and field exams. Every student must write and defend an original dissertation, a single multi-chapter dissertation or a collection of separate but related papers. Read the Guide to PhD Programs to understand more.

Here is the basic structure of online PhD economics programs:

(a) Coursework

The course selection for doctoral students is broad. Most of the time, students can choose their course plans from one branch of economics to fit their needs and professional objectives.

(b) Teaching

Although not always a requirement, at some colleges, teaching experience is strongly recommended for students who are not Graduate Teaching Assistants (GTAs) but want to become professors.

(c) Residency

In some cases, unless they have an assistantship, students are required to complete a certain number of prescribed credit hours of graduate-level coursework. The student is required to study full-time during this period. Residency is sometimes needed before taking the comprehensive exams.

(d) Comprehensive Exams

Students are eligible to take comprehensive examinations when they have completed all coursework. Most students choose to write a manuscript on a topic of their choice and defend it orally before a committee of departmental, school, and/or university faculty members.

(e) Dissertation

The PhD candidate will collaborate with their advisor to choose a topic that will advance the field after passing the comprehensive exam.

(f) Field Experience

Doctoral students are encouraged to participate in independent study research courses to combine and relate classroom theory with field activities. They can engage with scientific communities through research and collate data from various sources for this purpose.

The coursework one can expect in an online PhD economics degree would largely be the same for most programs but would be at advanced levels and would include:

• Microeconomics
• Macroeconomics
• Econometrics

Likewise, some of the research areas students can expect from the PhD economics program include:

• International Trade & Finance
• Behavioral & Experimental
• Political Economy
• Industrial Organization
• Public Economics
• Microeconomic Theory
• Research fields and field requirements:
• Development Economics
• Econometric Methods with Causal Inference
• Market Design
• Environmental, Resource & Energy Economics
• Labor Economics
• Economic History

Areas of Specializations in Online PhD Economics Programs

Specialization in one of the various branches of economics can lead to better job opportunities and higher pay. They focus the study of economics on a single topic, allowing students to conduct research in that field and become experts. Here are a few examples of concentrations available to students pursuing a PhD in economics:

Some of the other specializations and PhD programs students can consider include but are not limited to:

• PhD Macroeconomics
• PhD in Computational Economics
• PhD in Economic Development
• PhD Political Economy Online
• Online PhD in Economics and Finance
• Labor-Public Economics
• Applied Econometrics

Why should I get an Online PhD Economics Degree?

One of the best ways to conduct and promote global priority research is through economics in particular. A PhD in economics is one of the most sought-after graduate degrees, with a good chance of getting a job in academia or research. Unlike many PhD programs, the skills one acquired from the doctorate in economics are in high demand in the corporate sector as well. Those who want to work in economics research, have strong math skills, and have a keen interest in economics should strongly consider pursuing a PhD in economics.

Upon completing the online PhD economics, individuals would be able to contribute to global priorities research and help come up with practical solutions to the many economic issues present globally. The program provides students with a diverse set of tools for comprehending the social world and assessing causes and interventions that can impact millions of lives.

Doctoral students would have acquired several skills by completing the PhD economics online that would prove invaluable throughout their careers. For example, they would have acquired the ability to:

• show a strong background in their area of specialization and have a thorough understanding of the significant past and present contributions in the area;
• create a compelling academic argument for their position by presenting and analyzing the evidence with care;
• determine intriguing issues, come up with innovative answers, and communicate the findings to the scientific community;
• prepare submissions that adhere to the requirements of a particular economic journal, and take revision suggestions seriously;
• produce scholarship that is comparable to articles that are published in prestigious peer-reviewed journals in terms of scope and format;
• utilize the variety of resources available for economics research, including empirical analysis (econometric and experimental) and theoretical modeling;
• solve complex issues by utilizing technical tools, as well as by locating and properly using data sources; and
• be independent scholars capable of conducting superior research in both academic and non-academic contexts.

Free Courses for Online PhD Economics Students

Free courses are always useful for PhD of economics students to aid with their research on specific topics. Although these courses are not accredited and often do not lead to any certification, they provide additional knowledge and different perspectives on the subject. Here are some platforms that offer online PhD economics courses for free:

How to get into the Online PhD Economics Programs?

To be admitted to an online PhD in economics programs, applicants must have a master’s degree from a regionally accredited institution or a foreign university that meets both the bachelor’s and master’s degree requirements. Furthermore, a Grade Point Average (GPA) of at least 3.0 on a 4.0 scale is usually required. Prospective students at some colleges may also be necessary to identify a suitable professor who will serve as their advisor or mentor throughout their research. Aside from these, the following are some of the most common PhD in economics requirements:

Online Application & Application Fee

Completing an online application and paying the prescribed application fee.

Official Academic Transcripts

An official copy of academic transcripts from each college/university attended.

Undergraduate/Graduate Degree + Grade Point Average

An undergraduate and/or graduate degree from an accredited university and Grade Point Average (GPA) of 3.0 or more.

Graduate Record Examination (GRE) or Graduate Management Admission Test (GMAT) Scores

An official copy of GRE scores no older than 5 years.

Graduate Résumé or Curriculum Vitae

The latest résumé or CV that provides personal information and work experience.

Personal Statement or Statement of purpose

A statement outlining how the program relates to the applicant’s career goals.

Letters of Recommendation

At least 3 letters of recommendation from those who can provide a thorough evaluation of the applicant’s abilities at the graduate level.

Proof of English proficiency

A document proving proficiency in English (for non-native English speakers).

Online PhD Economics No GRE Programs

The Graduate Record Examination (GRE) is a common component of the admissions process. However, it may be possible to eliminate the need for these test results. Typically, the school will determine whether a GRE score is required or not. Some universities do not require students to take the GRE if they have a high GPA, relevant experience, and a solid academic background. However, this admissions requirement is ultimately waived at the school’s discretion. Fortunately, the quality and content of these graduate programs that do not require a GRE score are frequently the same as the ones that do. The Massachusetts Institute of Technology and The University of Arizona are examples of institutions that have waived the GRE requirement for entry into Ph.D in economics programs in 2024-2023.

How Long does it take to complete the Online PhD Economics Program

The PhD economics program is intended to be finished in 4 to 5 years, with the first 3 years being devoted to coursework and the last 1 to 2 years being dedicated to research and dissertation completion. It is also possible for students to pursue the economics PhD part time but opting for these programs would mean longer durations. For example, a part time PhD business economics could well take over 6 to 8 years to complete. Whatever the timeline, students’ work in economics PhD programs is typically very detailed and narrowly focused on their chosen specialization, which in turn determines the time it would take for one to graduate. Here is a quick overview of the online PhD in economics Duration:

• Minimum time required for a full-time PhD in economics: about 4 to 5 years.
• Maximum time required for a PhD in economics: up to 8 years.
• PhD in economics credits: 65 to 75 credits.

Accelerated Online PhD Economics Programs

An accelerated curriculum allows students to move through their programs more quickly, increasing their chances of graduating sooner. Fast-track and accelerated doctoral degrees enable students to earn their PhD of economics in as little as three years, though some students may need an extra year to complete their doctoral dissertation in addition to the coursework years. Some universities allow students to begin their PhD programs while still pursuing their master’s degrees. In such cases, the master’s thesis becomes critical and can be “upgraded” or expanded to serve as a PhD dissertation. A few universities offer masters + PhD programs that allow students to shorten their time to earn their doctoral degree, an example being Binghamton University .

Accreditations for Online PhD Economics Programs

Accreditation demonstrates a program’s quality as well as the school’s dedication to a student-centric approach to teaching and learning. Having accreditation means that a school recognizes and meets the needs of students and potential employers by improving academic quality continuously. Colleges can be accredited nationally or regionally by independent organizations recognized by the United States Department of Education ( USDE ) and/or the Council for Higher Education Accreditation ( CHEA ). Regional accreditation is the most common type of accreditation sought by colleges offering accredited online economics degrees in the United States, and it is granted by six independent bodies:

• New England Association of Schools and Colleges ( NEASC )
• Middle States Commission on Higher Education ( MSCHE )
• Higher Learning Commission ( HLC )
• Southern Association of Colleges and Schools Commission on Colleges ( SACSCOC )
• Northwest Commission on Colleges and Universities ( NWCCU )
• Western Association of Schools anad Colleges (WASC) Senior College and University Commission ( WSCUC )

The best online PhD programs in economics may also be programmatically accredited by non-regional accrediting agencies. Two main accrediting bodies for economics schools and programs are the Association to Advance Collegiate Schools of Business ( AACSB ) and the Accreditation Council for Business Schools and Programs ( ACBSP ). Read the Guide to College Accreditation to learn more about accreditation.

How to Pay for an Online PhD Economics Programs?

An online PhD economics degree is typically very expensive to pursue. The average cost of a PhD doctorate degree in the United States is $98,800, according to Education Data . Even if prospective online students are not required to pay additional transportation, meals, or campus-related expenses, they must still pay the high tuition fee and associated research costs, which can be financially burdensome for many. The following are some of the outside funding options available to students for their online economics PhD degree:

Scholarships

Scholarships are popular among students because they are free and non-repayable. They are given to students who are deserving and meritorious, with academic performance serving as the primary selection criterion.

Grants, like scholarships, do not have to be repaid. Unlike scholarships, which are frequently awarded based on academic performance, grants are usually awarded based on the applicant’s financial need.

Fellowships

Predoctoral Fellowships, also known as PhD Fellowships, are grants awarded to doctoral candidates. PhD fellowship recipients must typically complete a future assignment or spend the funds on a specific purpose in exchange for the money. There are numerous awards and fellowships available to retain or attract the best students.

Work-Study Programs

Work-study programs, which provide part-time employment, assist students in covering school tuition and fees. Many of these jobs are related to the student’s academic program or are volunteer opportunities. Students can also gain practical experience through work-study programs.

Graduate Assistantships

Graduate assistantships are available for students who want to assist faculty in the classroom as graduate teaching assistants or conduct research as graduate research assistants. In exchange for their efforts, assistants are paid a fee or receive tuition discounts or waivers.

Student Loans

A student loan is another option for funding PhD programs for students. Several banks, financial institutions, and the federal government offer educational loans. Borrowing money will increase the overall cost of education because loans come with interest. Understand how one can apply for loan forgiveness to avoid repaying student loans by reading about Donors for Student Loans and Grants for Student Loans .

The Free Application For Student Aid or FAFSA is an application for federal financial aid that all prospective and current college students must complete to check if they are eligible for aid and receive the best financial aid package possible. The FAFSA Student Aid guide explains more.

Discover what financial aid is and learn everything there is to know about college funding in the How to Pay for College guide.

Fully Funded Online PhD Economics Programs

With the average cost of a PhD doctorate degree in the United States being $98,800 , many PhD aspirants would need to seek outside financial assistance. Fortunately, some colleges offer fully-funded online PhD programs in economics. Fully funded PhD programs in economics in USA will generally cover a student’s expenses for the three to five years they work on their doctorate (tuition, a living stipend, etc.). The following are a few fully-funded economics PhD programs:

FAQs Related to the Online PhD Economics Programs

How do you get a phd in economics.

To get a PhD in economics, one is required to go through the following steps:

• Complete all required coursework
• Select a specialization and research area
• Conduct research in the chosen area 
• Approach a faculty advisor/mentor
• Complete and pass all comprehensive qualifying exams
• Prepare the dissertation
• Submit the dissertation and defend it

How many years for PhD in economics?

A PhD typically takes 4 to 5 years to complete. For the first 1 to 2  years, students take classes and then spend the rest of the years researching and writing a dissertation. Some universities allow students to enroll part-time, which would take them longer to complete the program.

Can I do a PhD part time?

Yes. Several universities across the country allow students to pursue their doctoral programs part-time. Those working and unwilling to give up their careers to study can consider programs such as the part time PhD in economics or part time PhD in business administration & economics. However, it is noteworthy that part-time PhD programs could take 6 to 8 years to complete.

What can you do with a PhD in economics?

A PhD in economics is one of the most appealing graduate programs and can lead to influential research positions in academia or policymaking. For those willing to work outside of academics, the economics PhD can lead to senior roles as managers and directors in various sectors, including government, nonprofit, and international organizations.

How much does a PhD in economics make?

The economics PhD does not lead to specific job titles; they are generally senior positions in industry or academia. This, coupled with the years of experience one has, makes it difficult to accurately report how much PhD in economics holders make. The salary would also depend on the sector and work setting. However, to serve as an indicator, Payscale reports that the median average annual salary of an economics PhD holder is $112,000 .

Can you get a PhD in economics online?

Yes. The PhD in economics is available online at many institutions. The online option is advantageous for many with benefits, such as flexible class scheduling, lower tuition, and lower travel expenses. Some of the best PhD in economics programs online are listed in this guide.

Can I do a PhD in economics without a masters?

Yes, some universities allow students to pursue a PhD in economics without first earning a master’s degree or while pursuing a master’s program. Students must, however, have completed several hours of doctoral research, and all other requirements for their chosen PhD program and emphasis area must be met by a student who is accepted straight from a bachelor’s degree. Based on the student’s bachelor’s background and their chosen doctoral path, the advisory committee for direct PhD students will specify additional coursework beyond the minimum. George Mason University is an excellent example where one can earn a master’s in economics while pursuing a PhD

Career Opportunities and Salaries after Online PhD Economics

What can you do with an economics PhD? Completing the PhD economics program allows individuals to teach undergraduate classes, conduct independent and collaborative research, or work in senior roles in various industries, including health care, banking, education, finance, business, and government and non-profit organizations. Many go on to work in research facilities, academia, and government think tanks, often liaising with industry experts and professionals. Although PhD economics holders may share job titles with their bachelor’s and master’s counterparts, they often land careers in senior management or positions. Examples of job titles include but are not limited to:

• Project Manager
• Senior Marketing Analyst
• Operations Research Systems Analyst
• Senior Budget Analyst
• Administrative Director
• Senior Financial Analyst
• Senior Systems Analyst
• Senior Project Administrator
• Statistician
• Industry Analyst
• State Policy Analyst
• Economic Researcher
• Economic Consultant
• Bank Director
• Finance Director

The U.S. Bureau of Labor Statistics (BLS) projects that economist occupations will grow by 13% from 2020 to 2030, adding an estimated 1,600 jobs each year . Listed below are some examples of economics jobs, median annual salaries, and job growth, as reported by the BLS. It should be noted that the salaries mentioned are typically for those who have obtained their bachelors or masters in economics. PhD holders are likely to earn higher salaries:

Certifications and Licensing for PhD in Economics Students

A person’s competency—their education, demonstrated knowledge, and experience—is formally recognized by certification in a given profession. It is a formal process carried out and completed by a group of knowledgeable, experienced, and skilled organization representatives that improves one’s résumé and career opportunities. Each certification in the discipline of economics is unique to the economics discipline to which it pertains, such as health, finance, petroleum, business, and so on. PhD of economics holders can consider the following certifications:

Certified Business Economist (CBE)

The National Association for Business Economics (NABE) administers the Certified Business Economist (CBE) program, which was created by leading economists to “bridge the gap between what is learned in an academic setting and the knowledge required to succeed as a practitioner.”

Economic Development Finance Professional (EDFP) Certification Program

The Economic Development Finance Professional (EDFP) Certification Program focuses on the skills required for successful economic development, including loan packaging procedures, business credit & real estate financial analysis techniques, negotiating and problem-solving abilities, and deal structuring techniques.

American Academy of Financial Management (AAFM) Certifications

The American Academy of Financial Management (AAFM) bestows over 50 specialist designations and 20 distinct certifications on professionals who possess the necessary qualifications, experience, and training in economics-related fields. Examples of some of AAFM’s certifications are:

• AFA Accredited Financial Analyst
• AMA Accredited Management Accountant  
• AMC Accredited Management Consultant  
• MMC Master Management Consultant 
• CIPM Certified International Project Manager 
• CEPA Chartered Economic Policy Analyst
• ChE Chartered Economist
• ChHE Chartered Health Economist
• ChEE Charted Energy Economist
• ChFE Chartered Financial Economist
• ChME Chartered Managerial Economist
• ChIE Chartered Industrial Economist
• ChPE Chartered Petroleum Economist

Although not required for economists, licensure is strongly recommended for many analyst positions to demonstrate professional competence. The CFA Institute, for example, allows financial analysts to become chartered financial analysts.

Additional Resources for PhD in Economics Students

Given the importance of economics in almost every aspect of life, both PhD economics students and working professionals must stay current on new trends, policy changes, evolving markets, and consumer wants and demands. They should also network with others to broaden their economic knowledge and expertise, which may help them advance in their careers. Here are some resources that might be helpful in this endeavor:

National Economic Association (NEA)

The National Economic Association (NEA) promotes minority economists’ professional careers. To promote economic growth, the organization creates and disseminates knowledge about economic issues of particular interest to native and immigrant African Americans, Latinos, and other people of color.

World Economics Association (WEA)

The World Economics Association (WEA) is a professional organization dedicated to promoting a pluralistic approach to economics. WEA seeks to expand the scope, breadth, and depth of economic thought. Plurality, competence, reality and relevance, diversity, openness, outreach, ethical behavior, and global democracy are all examples of this.

The National Association for Business Economics (NABE)

The National Association for Business Economics (NABE) is a professional organization for business economists and people from other walks of life who use economics in their daily work. NABE organizes surveys and events, publishes books, and certifies its members.

American Institute for Economic Research (AIER)

The American Institute for Economic Research (AIER) is famous for its nonpartisan economic research and advocacy. The organization is dedicated to developing and promoting pure freedom and private governance through advanced economic research, accessible media outreach, educational programming, and more.

Society for the Advancement of Economic Theory (SAET)

The Society for the Advancement of Economic Theory (SAET) was created to advance theoretical economics knowledge and facilitate communication among researchers in economics, game theory, mathematics, and any other such relevant fields that could be useful to economic theory.

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The average tuition (based on degree type for in-state students), average graduation rates, and rankings are based on data from various sources, including the Integrated Postsecondary Education Data System (IPEDS), and are variable over time. All rankings and statistics are subject to change. The rankings are solely the opinion of Find Best Degrees (FBD) and are based on our  proprietary methodology . They do not represent the views of the institutions or organizations mentioned, nor do they represent any official government census or survey. Furthermore, any views or opinions expressed on this page are of FBD’s researchers and teams. Unless otherwise specified, they do not represent the thoughts and opinions of the individuals, institutions, or organizations mentioned. This page’s content is provided solely for informational purposes, with data drawn from various sources, including IPEDS. FBD and its employees make no guarantees regarding the accuracy or completeness of any information found on this page or by following any link. FBD will not be held liable for any errors or omissions in this material nor any losses, injuries, or damages resulting from the exposure or use of this information. Although the information on this page is/was correct at the time of publication, readers should exercise caution because some or all of the provided information may have changed over time, potentially resulting in inaccuracies. For more information, please read our  Terms of Service . Trademarks and logos are the property of their registered owners.

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Course type

Qualification, university name, phd degrees in development economics.

11 degrees at 8 universities in the UK.

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About Postgraduate Development Economics

Development economics is a branch of economics that focusses ondeveloping countries and regions. The main aim is to figure out what helps these regions to grow economically, reduce poverty and make people's lives better overall. Experts in this field study how money is allocated in education, healthcare, roads and buildings and the systems that help these countries to function.

In the UK, there are more than 10 PhD options in development economics. Entry requirements for this doctoral programme requires a master's degree in economics or a related field, demonstrating strong quantitive skills and an understanding of development economics, as well as a solid research proposal.

Studying a PhD in development economics means studying advanced ideas and practices related to how economies grow, especially in the context of global challenges. Those who complete this programme can go on to have senior jobs as economists or policymakers, working at international research centres.

What to Expect

The PhD programmes involves an in-depth exploration into your chosen area of interest. Your research will likely cover topics like economic theory, international econometrics, poverty reduction strategies, sustainable development and international trade dynamics.

You’ll dedicate a significant amount of time to your thesis, which contributes scholarly research to the field of development economics. The programme includes opportunities for fieldwork, data collection and collaboration with international development agencies and NGOs.

PhD graduates emerge as experts in development economics, with skills in advanced economic analysis, policy formulation and economic research methods. They are sought after by international development agencies, government economic departments, think tanks and higher education institutions.

Related subjects:

• PhD Development Economics
• PhD Applied economics
• PhD Econometrics
• PhD Economics
• PhD Environmental Economics
• PhD Health Economics
• PhD International Economics
• PhD Macroeconomics
• PhD Microeconomics
• PhD Social Economics

• Course title (A-Z)
• Course title (Z-A)
• Price: high - low
• Price: low - high

PhD in Development Studies

Soas university of london.

The Department currently has 52 research students, working on a range of research topics in many parts of Asia, Africa, Latin America and Read more...

• 3 years Full time degree: £4,860 per year (UK)
• 6 years Part time degree: £2,430 per year (UK)

Development Studies Research PhD

Faculty of engineering & science, university of greenwich.

Our Natural Resource Institute (NRI) in Medway provides an ideal environment for innovative and original research in development Read more...

• 3 years Full time degree: £4,712 per year (UK)
• 4 years Part time degree: £2,356 per year (UK)

PhD International Development by Distance Learning

University of birmingham.

The International Development Department (IDD) is committed to encouraging new thinking in the fields of development and public Read more...

• 3 years Distance without attendance degree: £4,778 per year (UK)
• 6 years Distance without attendance degree

Development Studies, PhD

Swansea university.

A PhD or MPhil in Development Studies at Swansea enables you to pursue a substantial project led by your own passions and interests. It Read more...

• 6 years Part time degree: £2,356 per year (UK)

PhD in Development Economics

The PhD in Development Economics is a research degree offered by the Department of Economics, and is also part of the PhD pathway, Read more...

Development Studies with Reference to Emerging Economies MPhil/PhD

King's college london, university of london.

The Department of International Development (DID) at King's has a different agenda to traditional development studies in the UK and wider Read more...

• 3 years Full time degree: £6,936 per year (UK)
• 6 years Part time degree: £3,468 per year (UK)

Development Studies (IDS) PhD

University of sussex.

The Institute of Development Studies (IDS) transforms the knowledge, action and leadership needed for more equitable and sustainable Read more...

• 1 year Full time degree
• 2 years Part time degree

MRes/PhD International Development

London school of economics and political science, university of london.

This programme offers you the chance to undertake a substantial piece of work that is worthy of publication and which makes an original Read more...

• 4 years Full time degree: £4,829 per year (UK)

PhD in Development Studies by Published Works

Institute of development studies.

Study with the world leaders in development studies and realise your potential to transform the world with our PhD by Published Works in Read more...

• 1 year Full time degree: £4,596 per year (UK)
• 2 years Part time degree: £4,596 per year (UK)

Study with the world leaders in Development Studies and realise your potential to transform the world The Institute of Development Studies Read more...

• 4 years Full time degree
• 6 years Part time degree

PhD in Development Studies by Research

Study with the world leaders in developments studies and realise your potential to transform the world with our PhD by Research. The PhD Read more...

• 3 years Full time degree: £4,596 per year (UK)
• 6 years Part time degree: £4,596 per year (UK)

Course type:

• Distance learning PhD
• Full time PhD
• Part time PhD

Qualification:

Related subjects:.

PhD in Economics

The doctoral program in Economics at Rice University provides rigorous training in economic theory and econometrics in order to prepare students for research careers in economics. In 2014, the department launched the Rice Initiative for the Study of Economics (RISE) in order to enhance its role as a leading center of economic research. Since then, the department has hired ten new faculty. In addition, it has established itself as a leading institution for structural empirical microeconomics, an approach to economic analysis that combines economic theory and econometrics to address substantive economic issues. The small size of the program, approximately 45 graduate students working with 24 full-time faculty, promotes close faculty student interactions and collaboration, as well as strong relationships among the students.

Effective 2021-2022 academic year, all students receiving MA or PhD degrees in Economics will also receive Major Concentration in Econometrics and Quantitative Economics, and will be able to apply for a 24-month STEM extension of F-1 Optional Practical Training (OPT).

At a Glance

Full-time faculty working with students : 24

Students : 55 doctoral students

Number Admitted : 7-10 students each year

Fields of Study : Theoretical and Applied Econometrics, Applied Microeconomics, Economic Theory, Financial Economics, Game Theory, Political Economics, Energy Economics, Development Economics, Empirical Industrial Organization, Labor Economics, Macroeconomics, Public Finance, Health Economics.

Degrees awarded : PhD in Economics with a Major Concentration in Econometrics and Quantitative Economics (STEM designated) , Ph.D. in Economics with an M.A. in Statistics , and an additional Major Concentration in Finance . An M.A. degree is awarded to students pursuing Ph.D. in Statistics when they complete the requirements for M.A. in Economics with a Ph.D. in Statistics . It is also awarded to students who complete all the requirements for the Ph.D. in Economics working toward their dissertation.

Learn More about the Economics Doctorate Program

Monday, May. 9, 2022

Monday, Jan. 11, 2021

Friday, Jun. 5, 2020

Monday, Feb. 10, 2020

College of Professional Studies

Commerce and economic development.

The Master of Science in Commerce and Economic Development, a STEM-designated program, integrates economics, leadership, technology, and public policy to prepare students for a career in the private or public sector.

Globalization has created a borderless economy with a host of new opportunities and challenges for those engaged in commerce and economic development. While global markets offer exciting growth prospects, navigating the world stage requires in-depth knowledge of the financial, regulatory, and economic environments and institutions that affect the global economy and international trade. 

To meet the need for both insight and skills development, Northeastern University’s College of Professional Studies—in collaboration with Northeastern University’s College of Social Sciences and Humanities—offers the Master of Science in Commerce and Economic Development, which integrates an applied economics study of information, institutions, and innovation designed to develop and hone analytical skills to support private and public decision-making.

More Details

Unique features.

• Online program designed for working, midcareer professionals
• Graduates are positioned for jobs in government, international organizations, nonprofit organizations, universities, or the private sector
• STEM-designated graduate degree
• Required capstone project
• Financial Economics concentration prepares students for the CFA Institute Level I exam

Program Objectives

• Translate economic theory and classroom materials into core competencies
• Apply quantitative skills in the areas of economics, economic theory, policy analysis, and research
• Learn to set prices and output levels
• Use conceptual and mathematical tools to examine fluctuations in employment, prices, and economic growth
• Develop skills in data collection, estimation, and results interpretation
• Apply theories of economic growth, technology, structural changes, industrialization, factor proportions and prices, trade, population, and income distribution
• Evaluate labor markets and the role of human capital
• Assess how art, culture, and entertainment impact economic development
• Analyze the impact of environmental resources on commerce and economic development

Career Outlook

Several major trends—policy convergence, e-commerce expansion, and continued international development—are driving the job growth in the fields of international trade and economic development, and career prospects are expected to remain strong. Jobs in economic analysis and international trade are typically well-paying, with individuals holding advanced degrees expected to enjoy the best opportunities.

Unique Transfer Opportunity

About the CFA, CFP, FRM and PRM Certification Transfer Credit Opportunities: Why consider a Master of Science in Commerce and Economic Development from Northeastern University? We recognize the knowledge and financial competencies demonstrated by those who have earned their CFA, CFP, FRM and PRM certifications. As a result, credential-holders have the unique opportunity to accelerate through a Northeastern University degree.

Successful applicants for a master's degree program with their CFA® certification:

• Will receive 10 credit hours of transfer credit—a 22% savings in tuition.
• Transfer credit is awarded for the following courses: CED 6050 (Commerce & Economic Development), CED 6240 (Financial Ethics), FIN 6161 (Investment Analysis).

Successful applicants for a master's degree program with their CFP™ certification:

• Will receive 11 credit hours of transfer credit—a 24% savings in tuition.
• Transfer credit is awarded for the following courses:  CED 6050 (Commerce & Economic  Development), FIN 6102 (Asset & Liability Management), FIN 6161 (Investment Analysis).

Successful applicants for a master's degree program with their FRM® certification:

• Transfer credit is awarded for the following courses: FIN 6102 (Asset & Liability Management), FIN 6161 (Investment Analysis), CED 6250 (Derivatives & Alt. Investments).

Successful applicants for a master's degree program with their PRM™ certification:

Looking for something different?

A graduate degree or certificate from Northeastern—a top-ranked university—can accelerate your career through rigorous academic coursework and hands-on professional experience in the area of your interest. Apply now—and take your career to the next level.

Program Costs

Finance Your Education We offer a variety of resources, including scholarships and assistantships.

How to Apply Learn more about the application process and requirements.

Requirements

• Online application
• Statement of purpose (500–1000 words): Identify your educational goals and expectations of the program. Please be aware that Northeastern University's academic policy on plagiarism applies to your statement of purpose.
• Professional resumé
• Unofficial undergraduate transcripts; official transcripts required at the time of admission
• Two letters of recommendation from individuals who have either academic or professional knowledge of your capabilities such as a faculty member, colleague, or mentor, preferably one from your current employer
• Official associate or bachelor's degree transcript from an accredited college or university in the U.S., stating degree conferral and date
• TOEFL, IELTS, PTE, Duolingo, or NU Global Exam scores

Are You an International Student? Find out what additional documents are required to apply.

Admissions Details Learn more about the College of Professional Studies admissions process, policies, and required materials.

Admissions Dates

Our admissions process operates on a rolling basis; however, we do recommend the application guidelines below to ensure you can begin during your desired start term:

Domestic Application Guidelines

International Application Guidelines *

*International deadlines are only applicable if the program is F1 compliant.

Industry-aligned courses for in-demand careers.

For 100+ years, we’ve designed our programs with one thing in mind—your success. Explore the current program requirements and course descriptions, all designed to meet today’s industry needs and must-have skills.

View curriculum

Northeastern's signature experience-powered learning model has been at the heart of the university for more than a century. It combines world-class academics with professional practice, allowing you to acquire relevant, real-world skills you can immediately put into action in your current workplace. This makes a Northeastern education a dynamic, transformative experience, giving you countless opportunities to grow as a professional and person.

Learn About Getting Real World Experience

Our Faculty

Northeastern University faculty represents a broad cross-section of professional practices and fields, including finance, education, biomedical science, management, and the U.S. military. They serve as mentors and advisors and collaborate alongside you to solve the most pressing global challenges facing established and emerging markets.

Youngbok Ryu

Richard Swanson, PhD

Noradeen Farlekas

Mikhail Oet

By enrolling in Northeastern, you’ll gain access to students at 13 campus locations, 300,000+ alumni, and 3,000 employer partners worldwide. Our global university system provides students unique opportunities to think locally and act globally while serving as a platform for scaling ideas, talent, and solutions.

Below is a look at where our business alumni work, the positions they hold, and the skills they bring to their organization.

Where They Work

• State Street
• Fidelity Investments

What They Do

• Business Development
• Entrepreneurship

What They're Skilled At

• Customer Service
• Project Management
• Strategic Planning

Learn more about Northeastern Alumni on  Linkedin .

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Top 15 Most Affordable Online Economics PhD Programs (Doctorates) 2024

Are you interested in a doctorate degree, but are concerned about the high cost of college? We rank the most affordable online economics PhD degree programs.

Key Takeaways

• The most affordable online doctoral programs in economics range between $300 and $1,500.
• The average tuition fee per year for an online economics PhD is $19,749.
• Out-of-state students pay more than in-state students unless the school provides a flat tuition fee.

It takes bravery to seek an online doctorate, but it can ultimately be beneficial. It can, however, be expensive to obtain. The U.S. News & World Report claims that the college expenses increase substantially each year.

A PhD student needs strong budgeting skills after factoring in the price of books, living expenditures, transportation costs, the cost of the dissertation, and research time. To cut down on debt after graduation, these expenses in online doctorate programs in economics should be taken seriously.

Featured Programs

Making an online phd in economics as affordable as possible.

There are a number of ways to ensure that online doctorate programs in economics are as affordable as possible.

In-state Tuition

The cost of online doctoral programs in economics vary based on several factors. Most colleges and universities charge more for out-of-state students. However, there are some schools that offer flat-rate tuition, which means that in-state and out-of-state students pay the same per credit cost.

Other Expenses

Earning an online doctorate in economics degree as opposed to a traditional on-campus doctorate degree makes it possible to save money on expenses like housing, transportation, and certain campus fees.

Continue Working

Online doctoral programs often make it possible to continue working in your field, which means you can complete your degree program while still earning a living. This can ultimately reduce your dependence on student loan debt.

Earning a PhD in economics through online doctoral programs is a great option for busy professionals who want to continue their education while juggling work and family life.

Financial Aid, Scholarships, Grants, and Loans

If affordability is a particular concern, and it is making you reluctant to pursue an online PhD in economics, you may be able to take advantage of financial aid, including grants, scholarships, and loans.

For more information, visit the Federal Student Aid website. It is especially important that you choose online doctoral programs that are accredited in order to qualify.

Assistantships

Many schools offering an online PhD doctoral degree in economics also have assistantship opportunities for their graduate students. Assistantships may give teaching opportunities in exchange for tuition waivers and a stipend. Each school is different, so check into the online economics doctorate degree program you are interested in.

Bottom Line: An affordable online PhD in economics doctoral degree is possible when you factor in things like in-state tuition, financial aid, grants, and assistantships.

Scarcity of Online Economics Doctorates

There are cost savings with some online PhD programs in economics. However, some students may choose to attend traditional degree programs due to the scarcity of online doctorate programs in economics.

To help you research doctorate programs in economics that fit your needs, we rounded up the most affordable on-campus and online PhD programs to choose from.

If an affordable, in-demand PhD is exactly what you are looking for, check out our other Affordable Degree Rankings .

On-campus Doctorate Degree Programs vs Online PhD Programs

On-campus and online programs have their own merits. Online doctorate degree programs generally costs less than traditional brick-and-mortar programs. Prospective students online won’t have to pay additional expenses for transportation, housing for students, labs, or study materials.

Additionally, online doctorate degree programs are typically more flexible because they allow online doctorate students to complete the program at their own pace. On-campus students must physically be present for their classes at certain times and locations on the university campus.

The advantages, however, of attending an on-campus doctorate degree program are physical engagement and funding available. On-campus economic PhD programs allow students to engage physically with peers and professors, aiding learning and motivation. On the other hand, online students must use virtual platforms to get in touch with professors at predetermined times.

Furthermore, it may be more difficult for online students to secure fellowships, teaching assistantships, and research assistantships than it is for on-campus doctorate degree students.

So, an on-campus program may be more cost-effective than online doctorate programs.

Cost of an Online PhD in Economics Doctoral Degree

A PhD in economics costs $19,749 on average each year , according to the National Center for Education Statistics. This is the typical graduate tuition charged between 2020 and 2021 at public and private institutions.

The cost of education varies by school, and because private colleges rely more heavily on tuition fees for revenue, their prices are frequently higher than those of public universities.

But the financing that private institutions receive from private benefactors is the main perk of attending one. Private institutions frequently have larger budgets for research and expansion than public universities.

The cost of an online PhD in economics doctoral degree is also significantly influenced by in-state and out-of-state residency. Residents of a state pay in-state tuition to attend state-run institutions. The out-of-state tuition rate is what a student from another state must pay to attend the same school.

Luckily some doctorate degree programs have flat-rate tuition, which means that an out-of-state-student will pay the same tuition as an in-state student.

Many online doctorate programs allow out-of-state students to pay in-state tuition. Traditional brick-and-mortar schools are less likely to offer flat-rate tuition.

Economics doctoral programs can cost anywhere from $300 and $2,500 per credit. But there are many affordable online doctorate programs that cost between $300 and $1,500 per credit.

15 Most Affordable Online Economics Doctorates

Liberty university.

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Tuition + fees

Student body

Liberty University’s faculty and alumni have been influential in:

• Religious Studies
• Criminal Justice
• Political Science
• Social Work
• Communications

Most Influential Alumni

• Ravi Zacharias
• Susan Wise Bauer
• Michael R. Licona
• Robert H. Smith
• Michael Tait
• Jerry Falwell Jr.

Liberty University is a pioneer in online education and offers hundreds of affordable online degree programs from bachelor to graduate levels with Christian-based education. It’s one of the top online schools in the United States.

Liberty’s PhD in Public Policy - Economics costs $595 per credit hour. On the other hand, military students pay $300 per credit hour. This Economics PhD online program trains students to influence economic policy in law, media, politics, education, and international relations at a very low cost and conduct original research.

• Required Credits: 60
• Completion time: 3 years
• Format: Online

What we love about Liberty University

The Christian-based curriculum.

Liberty University is great for students who:

Want to develop a stronger bond with Christ while developing research skills and enricing knowledge for career advancement.

Liberty University might not be the best fit for students who:

Have poor time management skills and are unable to study independently.

University of North Carolina at Greensboro

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Median SAT/ACT

Career Outlook for Economics degree at University of North Carolina at Greensboro

University of North Carolina at Greensboro’s faculty and alumni have been influential in:

• Norman B. Anderson
• Justin Tornow
• Kelly Cherry
• Glenn D. Walters
• John Kenneth Muir
• Claudia Emerson
• Robert Morgan
• Bruce Caldwell
• Mary Ellen Snodgrass
• Cleveland Sellers
• Keith Lee Morris

The University of North Carolina Greensboro is one of the country’s leaders in online education. UNC rigorously educates and trains students to become leaders, creators, and explorers in North Carolina and around the globe.

UNC Greensboro offers one of the most affordable online doctorate degrees. The PhD in Business Administration costs only $336 per credit hour for in-state students and $1,098 for out-of-state students. This online doctor of business administration program allows students to enroll in doctorate-level courses in Econometric Analysis. Students will also focus on online doctorate courses directly related to economics, such as emerging economics and organizational economics.

• Required Credits: 54
• Completion time: 5 years

What we love about the University of North Carolina Greensboro

UNC Greensboro is really good at helping students know what they want to do and helping them achieve it.

The University of North Carolina Greensboro is great for students who:

Want to have a liberal arts foundation.

The University of North Carolina Greensboro might not be the best fit for students who:

Only attend college to party and are not dedicated to their studies.

Atlantic International University

Atlantic International University’s faculty and alumni have been influential in:

• Anthropology

Atlantic International University is an online learning institution based in the United States. The university provides a variety of majors at the associates, bachelor, master, and doctorate levels.

AIU’s PhD in Economics is one of the rarest and most affordable online doctorate programs. Prospective students of this economics online degree can study and do research in a number of important computer science fields, building a solid foundation in both theory and practice.

• Required Credits: 48

What we love about Atlantic International University

The affordable and accessible degree programs.

Atlantic International University is great for students who:

Want to transfer life experience to reduce required credit hours.

Atlantic International University might not be the best fit for students who:

Want to enroll in a US-accredited university.

University of Arizona

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• #2 Top 20 Best Online Accredited Doctorate Degree Programs (PhDs) 2024
• #2 Best Research Universities with Online Doctorates (PhDs) 2024
• #2 Top 20 Most Affordable Online Master's of Nursing Programs
• #2 Best Online Bachelor's in Biology
• #2 Best Online MBA in Marketing Degree Programs Ranked for Students in 2024
• #2 Best Online MBAs in Finance
• #2 Best Online MBA Programs in Arizona
• #3 Top 20 Most Affordable Online Bachelor's of Cybersecurity
• #3 Best Online Doctorate in Education Degree Programs Ranked for Students
• #3 Best Online Bachelor’s of Communications Degree Programs for 2024
• #3 Best Online Bachelor’s of Digital Media for 2024
• #3 Best Online Master's in Cybersecurity
• #4 Best Online Master's in Marketing and Advertising
• #4 Best Online Master's Degrees in Accounting
• #4 Best Online Master’s in Sustainability and Green Technologies
• #4 Best Online Master’s in Engineering Management
• #4 Best Online Master's in Special Education
• #4 Best Online Master's in Economics
• #4 Top 18 Most Affordable No GRE Online PhD Degree Programs
• #5 Best Online Bachelor’s of Human Services Degree Programs Ranked for 2024
• #5 Best Online Bachelor's in Public Health Degree Programs for Students
• #6 Best Online Master's in Criminal Justice
• #7 The Best Online MBA Degree Programs in 2024 Ranked for Students
• #7 Best Online Master’s in Engineering
• #8 Top 50 Best No GRE Online PhD Degree Programs (Doctorates)
• #8 Most Affordable Online Criminology Doctorate Programs (PhDs)
• #9 Best Online Master's in Management
• #10 Best Online Master's Programs 2024
• #11 Most Affordable Online Sociology Doctorate Programs (PhDs)
• #12 Fastest Online Bachelor's Degrees Ranked for 2024
• #13 Most Affordable Online Criminal Justice PhDs (Doctorates)
• #20 Most Affordable Online Bachelor's Degree Programs Ranked for 2024
• #3 Fastest Accelerated Online Master's of Nursing Degree Programs 2024

Career Outlook for Economics degree at University of Arizona

University of Arizona’s faculty and alumni have been influential in:

• Earth Sciences
• Geraldo Rivera
• Clifford Stoll
• Temple Grandin
• Garry Shandling
• Brian Schmidt
• Henry Eyring
• Michael McClure
• Barbara Kingsolver
• George H. Smith
• Allen Buchanan
• Frank Press

The University of Arizona is among the largest land-grant institutions in the country. UofA offers affordable learning to help non-traditional students achieve their professional and academic goals without breaking the bank. The university also among the nation’s most diverse institutions.

UofA’s traditional PhD in Economics program has in-state and out-of-state per semester tuition fees of $14,000 and $34,000. This economics PhD program is among the most flexible degree programs, allowing students to tailor their learning based on their career goals. Specialization courses include experimental economics, health economics, and industrial organization.

• Required Credits: 84
• Format: On-campus

What we love about The University of Arizona

The wide range of programs and school activities that fosters collaboration and success.

The University of Arizona is great for students who:

Thrive in large class sizes and independent study.

The University of Arizona might not be the best fit for students who:

Want to study in a more centralized learning environment.

University at Buffalo

• #10 Best Grad Schools in New York 2024
• #3 Best Online Master’s in Counseling
• #4 Most Affordable Online Sociology Doctorate Programs (PhDs)
• #5 10 Best Online Master's of Music Education Degree Programs
• #7 Best Online Master's Programs in New York 2024
• #11 Top 15 Most Affordable Online Social Work PhDs (Doctorates)
• #14 Fastest Online Bachelor's Degrees Ranked for 2024
• #14 Best Online Master's in Social Work MSW
• #21 Best Online Master’s in Engineering
• #23 Best Online Master's Programs 2024
• #2 Best College Majors that Offer Accelerated Degree Programs

Career Outlook for Economics degree at University at Buffalo

University at Buffalo’s faculty and alumni have been influential in:

• Computer Science
• Mathematics
• Engineering
• Wilfrid Sellars
• Richard Hofstadter
• Terry Gross
• Leslie White
• Warren Bennis
• William Lawvere
• C. L. Max Nikias
• Robert Hass
• Silvia Federici
• Robert J. Sampson

The University at Buffalo is a multi-campus institution, with each campus focusing on research and development. Through its 13 schools and colleges, UB offers over 300 degree programs. On top of a high caliber of education, UB also offers affordable tuition rates.

UB’s north campus offers an affordable traditional PhD in Economics degree program, with a per credit hour cost of $471.00 . At a very low cost, students will have the opportunity to fully develop their skills in using quantitative methods and the three main branches of economics to enrich lives globally.

• Required Credits: 72
• Completion time: 4-8 years

What we love about the University at Buffalo

The vibrant campus life, which includes endless opportunities to network and have fun.

The University at Buffalo is great for students who:

Can complete coursework without individualized attention from advisors.

The University at Buffalo might not be the best fit for students who:

Prefer to learn in small class sizes.

American University

• #3 Best Private Colleges in DC 2024
• #3 Best Grad Schools in DC 2024
• #3 Best Colleges in DC 2024
• #9 Best Research Universities for Criminal Justice Degrees
• #23 Best Research Universities for Communications Degrees
• #24 Best Research Universities for Education Degrees
• #2 Top 10 Best Online Communications PhD Degree Programs (Doctorates)
• #3 Best Online Master's Programs in DC 2024
• #4 Best Online MBA Programs in DC
• #12 Best Online MBA Degree Programs for 2024 with No GMAT Required
• #15 Top 20 Best Online MBA Programs that Can Be Completed in One Year 2024
• #4 How to Earn Your Master's Degree Without Your Bachelor's Degree

American University’s faculty and alumni have been influential in:

• Bruce Schneier
• Oliver North
• Stephen A. Kent
• Queen Rania of Jordan
• Corey Lewandowski
• Juan E. Méndez
• Robert Kagan
• Kathy Reichs
• James Alan Fox
• Clark Howard

American University is one of the top choices for international students due to its diversity and welcoming atmosphere. AU encourages its students to act toward their passions to become leaders in their fields.

AU offers a PhD in Economics with affordable costs. This doctorate degree helps students develop proficiency in statistical techniques, practical field knowledge, and economic theory. Additionally, it helps students develop the necessary expertise to write dissertations that empirically address economic concerns.

• Required Credits: 45
• Completion time: 2.5

What we love about American University

The diversity and dedicated faculty.

American University is great for students who:

Are interested in politics and international relations.

American University might not be the best fit for students who:

Are not politically-inclined.

University of Minnesota

• #1 Most Affordable Colleges in Minnesota 2024
• #1 Best Research Universities in Minnesota 2024
• #1 Best Colleges in Minnesota 2024
• #1 Best Grad Schools in Minnesota 2024
• #1 Best Public Colleges in Minnesota 2024
• #1 Best Online Master's Programs in Minnesota 2024
• #1 10 Best Online Master's of Music Education Degree Programs
• #1 Best Online MBA Programs in Minnesota
• #1 Top 20 Best Online MBA Programs that Can Be Completed in One Year 2024
• #1 Best Online Colleges in Minnesota 2024
• #1 Best Online Bachelor's of Cybersecurity Degree Programs in Minnesota
• #3 Top 50 Best No GRE Online PhD Degree Programs (Doctorates)
• #4 Top 10 Best Online Counseling PhD Degree Programs (Doctorates)
• #4 Most Affordable Online Computer Science PhDs (Doctorates) 2024
• #5 Top 8 Best Online Public Health PhD Degree Programs (Doctorates)
• #11 Best Online Bachelor's in Construction Management Degree Programs
• #7 Top 20 Best Business Schools for MBAs Ranked for Students
• #25 The Best Traditional MBA Programs Ranked for Students in 2024

Career Outlook for Economics degree at University of Minnesota

University of Minnesota’s faculty and alumni have been influential in:

• Arthur Compton
• Deke Slayton
• Ernest Lawrence
• Norman Borlaug
• Thomas Friedman
• Melvin Calvin
• John L. Holland
• Christiaan Barnard
• Edward B. Lewis
• Roy Wilkins
• Alexander Wendt
• Lars Peter Hansen

The Twin Cities campus is UM’s flagship and the only land-grant institution in the state. UM is also one of the country’s most esteemed public research universities. 

UM’s PhD in Economics is an affordable doctoral program that costs in-state and out-of-state per credit hour costs of $1,539.00 and $2,381.50. While these costs may seem pricey upfront, all doctoral students will be entitled to stipends. Students will write a thesis that adds significantly to the field of economic literature.

• Required Credits: 66
• Completion time: 45 months

What we love about the University of Minnesota

The ground-breaking and life-altering inventions, including the “black box” flight recorder, the first successful open-heart surgery, GORE-TEX®, and the cardiac pacemaker.

The University of Minnesota is great for students who:

Are used to living in huge cities and thrive in a sizable student population.

The University of Minnesota might not be the best fit for students who:

Are easily intimidated.

University of Iowa

• #1 Most Affordable Colleges in Iowa 2024
• #1 Best Public Colleges in Iowa 2024
• #1 Best Research Universities in Iowa 2024
• #1 Best Colleges in Iowa 2024
• #1 Best Online MBA Programs in Iowa
• #1 Best Online Bachelor's in Sports Management Degree Programs for 2024
• #1 Best Online Colleges in Iowa 2024
• #1 Best Online Bachelor’s in Liberal Arts and Humanities Degree Programs for 2024
• #2 The Best Online Colleges Ranked for Students in 2024
• #2 Best Online Bachelor’s of Communications Degree Programs for 2024
• #5 Best Online Bachelor's in Social Work Degree Programs Ranked for 2024
• #5 Top 20 Best Online MBA Programs that Can Be Completed in One Year 2024
• #5 Top 5 Best Online English PhD Degree Programs (Doctorates)
• #9 Fastest Online Bachelor's Degrees Ranked for 2024
• #10 Most Affordable Online Sociology Doctorate Programs (PhDs)
• #11 Top 50 Best No GRE Online PhD Degree Programs (Doctorates)
• #8 Most Affordable Master's in Counseling Degree Programs Ranked for 2024

Career Outlook for Economics degree at University of Iowa

University of Iowa’s faculty and alumni have been influential in:

• Albert Bandura
• Tennessee Williams
• Gayatri Chakravorty Spivak
• Oswald Veblen
• Jayaprakash Narayan
• Leon Festinger
• Henry Jenkins
• Everett Rogers
• Julian Rotter
• John Robert Anderson
• Wallace Stegner

The University of Iowa is a major research institution with 11 colleges. UI is the country’s most cutting-edge and comprehensive university-owned teaching hospital and created the world’s most technologically sophisticated driving simulator.

UI’s PhD in Economics has in-state and out-of-state base tuition and fees of $12,013 and $31,511. Students interested in this degree program should note that this is one of the most selective doctorates. This program places a strong emphasis on high-quality training.

• Completion time: 5-6 years

What we love about the University of Iowa

The inclusivity. It was the first public university to enroll students of all races and to admit women and men on an equal basis.

The University of Iowa is best for students who:

Want to study in a large campus and live in a small town.

The University of Iowa might not be the best fit for students who:

Are very conservative and close-minded.

University of Oregon

• #1 Best Colleges in Oregon 2024
• #2 The Most Influential Universities and Colleges Ranked by State 2024
• #1 Best Online Master's Programs in Oregon 2024

Career Outlook for Economics degree at University of Oregon

University of Oregon’s faculty and alumni have been influential in:

• Douglas Hofstadter
• Douglas Engelbart
• David Ray Griffin
• John Markoff
• Walter Houser Brattain
• Randy Shilts
• Lee Bollinger
• John Alan Robinson
• Daniel Levitin

The University of Oregon is a leader in innovation and change and has always kept an eye on the future. UO is one of the very few research universities in the country that is a member of the Association of American Universities.

UO’s PhD in Economics has a per credit hour cost of $582. The program maintains a low student-to-faculty ratio designed to foster the development of excellent research and teaching skills. Students study several economic doctoral fields, including but not limited to Industrial Organization, Economic Growth and Development, Labor Economics, and Public Economics.

• Required Credits: 81
• Completion time: 5-7 years

What we love about the University of Oregon

The small and intimate class sizes with dedicated faculty.

The University of Oregon is great for students who:

Are devoted to their studies, highly open-minded, and driven to succeed.

The University of Oregon might not be the best fit for students who:

Are used to city life.

University of Cincinnati

• #3 Best Research Universities in Ohio 2024
• #3 Best Colleges in Ohio 2024
• #1 Best Online Associate in Accounting
• #1 Best Online Colleges in Ohio 2024
• #1 Best Online Bachelor's of Game Design Degree Programs for 2024
• #1 Best Online Associate in Early Childhood Education
• #1 Best Online Associate in Marketing
• #1 Best Online Associate in Information Technology
• #1 Best Online Associate in Health Information Technology & Informatics
• #1 Best Online Associate in Paralegal Studies
• #1 Best Online Master’s in Information Technology
• #1 Best Online Associate in Finance
• #1 Best Online Associate Degrees in Ohio 2024
• #1 Best Online Bachelor’s of Health Science Degree Programs Ranked for 2024
• #1 Best Online Associate in Business Management
• #1 Best Online Bachelor’s of Counseling Degree Programs for 2024
• #1 Best Online Bachelor's in Public Health Degree Programs for Students
• #1 Best Online Associate in Business Administration
• #2 Best Online Master's in Behavior Analysis Degree Programs
• #2 Best Online MBA Programs in Ohio
• #2 Best Online Master's Programs in Ohio 2024
• #2 Best Online Bachelor's in Law and Legal Studies Degree Programs for 2024
• #2 Best Online Master's in Nursing MSN
• #2 Fastest Accelerated Online Doctorate of Nursing Programs (PhDs)
• #2 Best Online Master's in Sports Management
• #3 Best Online Bachelor’s of Early Childhood Education Degree Programs for 2024
• #3 Best Online Master's in Marketing and Advertising
• #3 Fastest Accelerated Online Master's of Information Technology
• #3 Best Online Bachelor's in Criminal Justice
• #3 Best Online MBA in Marketing Degree Programs Ranked for Students in 2024
• #3 Best RN to BSN Online
• #4 Best Online Master's in Criminal Justice
• #4 Best Online Master’s in Finance
• #5 20 Best Online Master's of Speech Pathology Degree Programs
• #5 Best Online Master’s in Health Informatics
• #5 Best Online Master's in Special Education
• #5 Best Online Master’s in Engineering
• #7 Best Online Bachelor's in Social Work Degree Programs Ranked for 2024
• #8 The Best Online MBA Degree Programs in 2024 Ranked for Students
• #8 Best Online Degrees for a Career in Teaching Ranked 2024
• #8 The Best Online Colleges Ranked for Students in 2024
• #8 Best Online Bachelor’s of Communications Degree Programs for 2024
• #10 Fastest Online Associate Degrees Ranked for 2024
• #12 Top 20 Best Online MBA Programs that Can Be Completed in One Year 2024
• #19 Best Online Master's in Management
• #2 Top 20 Fastest Accelerated Online Bachelor's in Counseling
• #6 Fastest Accelerated Online Master's of Nursing Degree Programs 2024

Career Outlook for Economics degree at University of Cincinnati

University of Cincinnati’s faculty and alumni have been influential in:

• Thomas Szasz
• Michael Graves
• Paul Tibbets
• Salmon P. Chase
• David E. Nichols
• George Clooney
• Oscar Robertson
• George L. Engel

The University of Cincinnati is an award-winning and dynamic campus offering comprehensive and cutting-edge education. UC has hundreds of academic programs, many of which are nationally ranked and provide possibilities for practical learning.

UC’s PhD in Economics has a per credit hour cost of $746. The best thing about this program is that it requires students to work as part-time research assistants during their first two years of study. Additionally, this PhD expects students to do their own research early on in the program.

• Required Credits: 40

What we love about the University of Cincinnati

The reputation of being the #1 university for co-ops.

The University of Cincinnati is great for students who:

Are willing to take risks and devote their time to studying.

The University of Cincinnati might not be the best fit for students who:

Don’t like living in a big city,

University of South Florida

• #5 Best Grad Schools in Florida 2024
• #5 Best Research Universities in Florida 2024
• #5 Best Colleges in Florida 2024
• #1 Most Affordable Online Master's of Music Education Programs
• #1 Fastest Accelerated Online Master's of Cybersecurity
• #4 Top 20 Most Affordable Online Business Administration Doctorates
• #4 Fastest Accelerated Online Public Health Doctorates (PhDs)
• #5 15 Most Affordable Online Public Health Doctorates (PhDs)
• #6 10 Best Online Master's of Music Education Degree Programs
• #6 Fastest Accelerated Online Master's of Information Technology
• #7 20 Fastest Accelerated Online English Doctorates (PhDs) 2024
• #8 20 Best Online Master's of Speech Pathology Degree Programs
• #8 Most Affordable Online Master's of Speech Pathology Programs
• #8 Top 8 Best Online Public Health PhD Degree Programs (Doctorates)
• #13 Most Affordable Online Applied Behavioral Analysis PhD Programs

Career Outlook for Economics degree at University of South Florida

University of South Florida’s faculty and alumni have been influential in:

• Joe Barresi
• Shlomo Sawilowsky
• Tony La Russa
• Saraju Mohanty
• Joanna Fowler
• J. Budziszewski
• Eric M. Bost
• Susan Cutter
• David A. Wolfe
• Randy Borum

The University of South Florida is a preeminent research university committed to helping students succeed academically, personally, and professionally. USF is a top producer for Fulbright Scholars and a top patent producer.

USF offers an affordable traditional PhD in Economics , which only costs $467.34 in-state and $913.08 out-of-state per credit hour . This PhD program is best for students who want to gain focus on practical fields of microeconomics. Students must complete required field and classroom coursework and electives to graduate.

What we love about the University of South Florida

The unlimited chances for students to work, considerable financial aid, and the lowest tuition costs.

The University of South Florida is great for students who:

Thrive in diversity and are very driven.

The University of South Florida might not be the best fit for students who:

Are highly conservative and haven’t been exposed to a diverse environment in terms of culture and religion.

University of New Hampshire

• #2 Best Research Universities in New Hampshire 2024
• #2 Best Colleges in New Hampshire 2024
• #1 Best Online MBA Programs in New Hampshire
• #2 Best Online Master's Programs in New Hampshire 2024
• #4 Best Accredited Online Juris Doctorate (JD) Law Programs
• #4 Fastest Accelerated Online Doctorate of Nursing Programs (PhDs)

Career Outlook for Economics degree at University of New Hampshire

University of New Hampshire’s faculty and alumni have been influential in:

• Ronald Noble
• Jason Brennan
• Loren Coleman
• Jeffrey Snover
• Laurel Thatcher Ulrich
• James J. Martin
• Carlton Fisk
• Nathan Brody

The University of New Hampshire is one of the top public colleges in the country that currently concentrates on research. As a premier public research institution in the state, UNH provides students with award-winning instructors and state-of-the-art facilities.

UNH’s PhD in Economics has in-state and out-of-state per credit hour fees of $785.00 and $1,370.00. Students focus on exploring detailed models and in-depth analyses of businesses and governments. Graduates are grounded in economic theories and models and will have the necessary research abilities and skills to teach in postsecondary institutions.

• Completion time: 5-4 years

What we love about the University of New Hampshire

The safe and empowering campus.

The University of New Hampshire is great for students who:

Are yet to find their purpose in life, thanks to the school’s vast options for majors.

The University of New Hampshire might not be the best fit for students who:

Prefer small classes and are unprepared for academic competition.

University of Wyoming

• #1 Best Online Colleges in Wyoming 2024
• #1 Best Online MBA Programs in Wyoming
• #4 Best Online MBA Programs in Montana
• #13 Top 20 Most Affordable Online Doctorate of Education (PhDs)
• #17 The Most Affordable Traditional MBA Degree Programs for 2024

Career Outlook for Economics degree at University of Wyoming

University of Wyoming’s faculty and alumni have been influential in:

• W. Edwards Deming
• John A. List
• Gerry Spence
• Clive Spash
• Vincent Ostrom
• James E. McDonald
• Marlan Scully
• Matthew Shepard
• John Paul Scott
• M. Margaret McKeown

The University of Wyoming offers over 80 undergraduate and 90 graduate programs through seven colleges. UW also has one of the longest research histories, focusing on energy and land management.

UW’s PhD in Economics is among the country’s cheapest doctorate programs. Students are expected to enroll in 9 credits per semester , which is $3,591 for in-state students and $9,162 for out-of-state students. But because this is a fully funded doctorate, doctoral students pay less. Students decide which area of interest they’ll perform their original research.

• Required Credits: 42

What we love about the University of Wyoming

The supporting community.

The University of Wyoming is great for students who:

Want a strong background in agriculture and engineering.

The University of Wyoming might not be the best fit for students who:

Prefer a big campus community and want a more active social and Greek life.

Career Outlook for Students with Economics Degree

Degree level: doctorate.

• Location: The U.S. (Private Schools)
• Avg. Cost of Degree*: $14,669
• Avg. Expenses*: $18,512
• Avg. Starting Salary*: $79,162
• Avg. Cost Recoup Time**: 5 years
• Job Growth: 2.32%
• Number of Jobs: 2,376,200
• * denotes ‘annually’
• ** denotes ‘at 15% of annual salary’

Career Salaries

Average career salaries, promising job markets, top industries.

• Faculty and Staff

Dominik Balthasar, PhD

• Peace, conflict, and fragility (FCV); development policy; strategic foresight

Associate Professor Academic Program Director, Master in Development Management

Academic background.

• PhD in International Development, London School of Economics and Political Science
• MSc Development Studies (Best Dissertation Award), London School of Economics and Political Science

Professional and Academic Experience

• Independent Consultant, Freelance
• Portfolio Manager, KfW Development Bank
• Sector Economist Peace & Fragility, KfW Development Bank
• Senior Researcher, swisspeace/ Swiss Peace Foundation
• Consultant, Institute of Peace and Security Studies
• Fellow, European Union Institute for Security Studies
• Fellow, United States Institute of Peace
• Fellow, Royal Institute of International Affairs (Chatham House)
• Lecturer, University of Basel
• Consultant, i.a. World Bank, United Nations Development Program, United Nations High Commissioner for Refugees, UK Department of International Development, Oxford Analytica, Saferworld
• Researcher, Small Arms Survey
• Teaching Fellow, London School of Economics
• Teaching Fellow, School of Oriental and African Studies

Affiliations, Awards, and Honors

• Research Associate, Overseas Development Institute
• Digital Executive Fellow, Geneva Centre for Security Policy
• Member, Next Generation Foresight Practitioner Network
• Member, Association of Professional Futurists
• Fellow, Global Diplomacy Lab
• Associated Researcher, swisspeace/ Swiss Peace Foundation
• Research Grant, Swiss National Science Foundation
• Transatlantic Post-Doc Fellowship for International Relations and Security
• Post-Doctoral Scholarship, German Academic Exchange Service
• Global Governance 2022 Fellow, Global Public Policy Institute
• Post-Graduate Program for International Affairs Best Dissertation Prize, London School of Economics and Political Science
• German National Academic Foundation
• Cusanuswerk
• Global Public Policy Network Award

Professional Certifications

• Certificate: Foundations in Design Thinking, IDEO U
• Certificate: Oxford Scenarios Programme, Saïd Business School, University of Oxford
• Certificate: General Management for Juniors, Business School of St. Gallen

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Master in Public Administration

Prepare for greater responsibility across sectors with this flexible two-year program

Key Program Information

Program Length: Two years (varies for students pursuing concurrent degrees)

Degree Awarded: Master in Public Administration

Admission Application Deadline: December 2024

Financial Aid Application Deadline: January 2025

Contact the MPA Program

79 John F. Kennedy Street Littauer Building, Room 126 Cambridge, Massachusetts 02138

Elevate your impact as a public leader

The Master in Public Administration Program is for aspiring leaders with real-world experience and graduate-level coursework in economics, public policy, or management.

The Master in Public Administration (MPA) curriculum is flexible. You create a study plan that reflects your academic interests, focuses on your personal and professional aspirations, and integrates across disciplines.

You may also decide to pursue a concurrent degree in business, law, medicine, or other professional fields. You’ll earn two degrees in less time and acquire even more skills you can use to make a difference in the world.

“HKS provided opportunities for me to expand the narrative of what diversity looks like in foreign policy and foreign service.” —Korde Innis MPA 2023

About the MPA Program

The MPA curriculum is flexible. You’ll create your own 64-credit study plan that reflects your academic interests and professional aspirations.

As an MPA student, you’ll take eight credits in a Policy Area of Concentration as well as four credits in each of these key areas:

• Economics and Quantitative Analysis
• Management, Leadership, and Decision Sciences
• Public Ethics and Political Institutions

You’ll select your remaining credits to support your unique intellectual and professional objectives. You can take classes across academic disciplines at HKS and cross-register into courses at other Harvard graduate schools as well as at MIT Sloan School of Management and The Fletcher School at Tufts University. 

Sample Courses

• MLD-223: Negotiating Across Differences
• API-135: Economics of Climate Change and Environmental Policy
• DPI-640: Technology and the Public Interest: From Democracy to Technocracy and Back

Concurrent Degrees

You might consider  pursuing a second degree concurrently  if you’re interested in how the world’s public challenges can be addressed at the intersection of business, law, medicine, design, or other fields.

Pursuing a concurrent degree reduces coursework and residency requirements and makes it possible to earn two degrees in a shorter amount of time.

Concurrent degree students complete 48 credits at HKS, including four credits in each of the key areas:

Concurrent degree students are not required to fulfill the Policy Area of Concentration requirement.

Degree Requirements

The MPA Program consists of four semesters of full-time coursework in residence at HKS.

To graduate, you must:

• Earn at least 64 credits
• Finish with a GPA of B or better
• Earn a B- or higher in all courses counting towards the distribution requirements
• Matriculate as a full-time, in-residence student and take between 12-20 credits per semester
• Fulfill a Policy Area of Concentration requirement by taking eight credits in one of the policy areas at HKS
• Economics and Quantitative Analysis

HKS  faculty members  are among the most influential leaders and thinkers in their fields. They have contributed vital research and scholarship to their fields. Served in U.S. administrations. Founded learning labs to assist local communities. Led negotiations to reduce nuclear stockpiles. Reported on human rights abuses. Led efforts to address climate change. Advised governments and companies on gender equality.

They are doers as well as thinkers, shaping public policy and devising entrepreneurial approaches to public problems at the local, national, and international levels.  

MPA Faculty Chair

Kessely Hong

Mpa at a glance.

*Statistics are based on a five-year average.

Employment Snapshot:  MPA Class of 2023 Employment Sectors

* The number of private sector jobs secured by MPA graduates is, in large part, a reflection of the program’s many concurrent degree graduates.

Featured MPA stories

Elevating the stories of diverse, unsung women.

Jamie Mittleman MPA 2022 launched her COVID-adapted dream job: a platform for women Olympians and Paralympians.

A long military heritage shapes a desire for peace

Clark Yuan MPA 2022 wants unique perspectives to have a seat at the table when critical decisions are being made.

From Santiago to Cambridge to Paris

For Ingrid Olea MPA 2020, a journey that started with a career change has led to remarkable achievements in education policymaking.

Applying to the MPA Program

Prerequisites.

There are specific academic and professional prerequisites required to apply to the MPA Program. You must have:

• A bachelor’s degree with a strong academic record 
• Three years of professional work experience by September 1 of the year you would enroll in the program
• Master of Business Administration
• Master of International Business
• Master of International Development
• Master of International Economics
• Master of Science in Engineering

How to Apply

A complete application to the MPA Program includes the following: 

• Online application
• Three letters of recommendation
• GRE or GMAT required
• Non-native English speakers who did not earn an undergraduate degree conducted in English must submit results of the TOEFL, IELTS, or Cambridge English exam
• Academic transcripts
• $100 application fee or waiver

Read more about how to apply . 

The application for the 2025-2026 academic year will be available in September 2024. There is one admission application deadline and one start date for each degree program per year. You may apply to only one master's degree program per admissions cycle. 

Tuition & Fees

The cost of attendance for the 2024-2025 academic year is outlined in  Funding Your Master ’ s Education  to help you plan financially for our master’s degree programs. Living expense costs are based on residence in Cambridge. The 2025-2026 academic year rates will be published in March 2025. HKS tuition and fees are subject to change without notice. 

At HKS, we consider financing your education to be a partnership and are here to help guide you. We encourage you to explore all opportunities for funding .

Learn more about the HKS community

Student life, student stories, admissions & financial aid blog.

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Events Information

2024.05.13[Mon]

GRIPS Forum: “Science for better institutions: Economics of Market Design”

RSVP at the Registration Form by May 9, 2024

In recent years, the field of market design has seen significant development in economics. While traditional economics has primarily focused on analyzing market institutions taking them as “given,” market design considers them as "designable," not just analyzing them but also studying the desirable institutional designs of markets. The foundational theory for this is "matching theory." This lecture will introduce both the theory and practice of matching theory and market design.

Speaker: Dr. Fuhito Kojima,               Professor, Graduate School of Economics, Faculty of Economics,               The University of Tokyo               Director, The University of Tokyo Market Design Center

Speakers’ Profile:

Fuhito Kojima is a professor in the Department of Economics at the University of Tokyo and a director of the University of Tokyo Market Design Center (UTMD). Kojima received his Ph.D. in Economics from Harvard University and his B.A. in Economics (valedictorian) from the University of Tokyo. He was a postdoctoral fellow of Cowles Foundation at Yale University, a visiting assistant professor in the Department of Economics at Columbia University, and a professor in the Department of Economics at Stanford University before joining the University of Tokyo in September 2020. His research interests include market design, matching theory, and game theory.

What is GRIPS Forum?

Since its establishment in 1997, the National Graduate Institute for Policy Studies (GRIPS) has promoted research and education on a wide variety of policy issues. The GRIPS Forum invites specialists from national and local governments as well as academic and business communities to promote policy studies and expand policy networks.

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Jack N. Averitt College of Graduate Studies

Master of Science in Applied Economics (Online), M.S.A.E.

About the program.

Format : Online Credit Hours : 30 Entry Terms : Fall, Spring

The Online Master of Science in Applied Economics (MSAE) program objective is to provide graduates with analytical capabilities in economic development, financial economics, and regulatory issues. The skills and competencies addressed by this program include market analysis, quantitative analysis, regulatory industry analysis, financial economics and economic development. These capabilities represent a unique combination of skills that are needed within society.

The program provides the quantitative and analytical skills for graduates to assist businesses in market analysis including: quantitative, regulatory, and economic development. Graduates will be able to compete for employment in financial institutions, industry, and government enterprises engaged in financial economic development, public utilities and federal and state regulatory agencies.

Admission Requirements

Ready to apply, request information, visit campus, or, you can :.

Admission into the Master of Science in Applied Economics program is competitive. To be considered for regular admission students must satisfy the following requirements:

• Bachelor’s degree from an accredited college or university.
• Undergraduate GPA: minimum of 3.00 on a 4.00 point scale.
• Completed courses in calculus, statistics, macroeconomics, and microeconomics with a minimum grade of “C” in each course and a minimum GPA of 3.00 on a 4.00 scale in the required courses.
• Submit an up to date resume detailing both education and work experience. While work experience is not required, relevant experience may be considered in the admissions process.

*International transcripts must be evaluated by a NACES accredited evaluation service  and must be a course by course evaluation and include a GPA. ( naces.org )

Priority : March 15*

Final : July 15*

Priority : October 1*

Final : November 15*

Does not admit

*The application and all ​​required documents listed on the “admissions requirements” tab​ for the program must be received by the deadline.  If all required documents are not received by the deadline your application will not be considered for admission.

Program Contact Information

Parker College of Business Graduate Programs Office [email protected] 912-478-5767

Last updated: 5/5/2022

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Office of Graduate Admissions Physical Address: 261 Forest Drive PO Box 8113 Statesboro, GA 30460 Georgia Southern University Phone: 912-478-5384 Fax: 912-478-0740 gradadmissions @georgiasouthern.edu

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Georgia Southern University College of Graduate Studies

Office of Graduate Admissions • P.O. Box 8113 Statesboro, GA 30460 • 912-478-5384 • [email protected]

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