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Top 9 Best Online PhD Economics Programs [2024]
![distance learning phd in economics Lisa Marlin](https://blog.thegradcafe.com/wp-content/uploads/2021/08/Profile-headshot.jpg)
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
![distance learning phd in economics Liberty University logo](https://blog.thegradcafe.com/wp-content/uploads/2022/08/pasted-image-0-88.png)
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
![distance learning phd in economics Atlantic International University logo](https://blog.thegradcafe.com/wp-content/uploads/2022/08/pasted-image-0-89.png)
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
![distance learning phd in economics Bircham International University logo](https://blog.thegradcafe.com/wp-content/uploads/2022/08/pasted-image-0-90.png)
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
![distance learning phd in economics Ottawa University logo](https://blog.thegradcafe.com/wp-content/uploads/2022/08/pasted-image-0-91.png)
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
![distance learning phd in economics California Baptist University logo](https://blog.thegradcafe.com/wp-content/uploads/2022/08/pasted-image-0-92.png)
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
![distance learning phd in economics Hampton University logo](https://blog.thegradcafe.com/wp-content/uploads/2022/08/pasted-image-0-93.png)
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)
![distance learning phd in economics Marymount University logo](https://blog.thegradcafe.com/wp-content/uploads/2022/08/pasted-image-0-94.png)
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
![distance learning phd in economics William Howard Taft University logo](https://blog.thegradcafe.com/wp-content/uploads/2022/08/pasted-image-0-95.png)
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
![distance learning phd in economics Baker College logo](https://blog.thegradcafe.com/wp-content/uploads/2022/08/pasted-image-0-96.png)
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.
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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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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
School | Program | Estimated Length |
---|---|---|
California Baptist University | Doctor of Business Administration | 3 years |
Hampton University | Doctor of Philosophy in Business Administration | 3 years |
Liberty University | PhD in Public Policy – Economic Policy | 3 years |
Marymount University | Online Doctor of Business Administration in Business Intelligence | 3 years |
University of Maryland – Global Campus | PhD in Business Administration | 3 years |
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
School | Program | Tuition |
---|---|---|
Liberty University | PhD in Public Policy – Economic Policy | $595 per credit |
Hampton University | Doctor of Philosophy in Business Administration (PhD) | $695 per credit |
California Baptist University | Doctor of Business Administration | $795 per credit |
University of Maryland – Global Campus | PhD in Business Administration | $1,087 per credit |
Marymount University | Doctor of Business Administration in Business Intelligence | $1,140 per credit |
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
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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
Online Economics PhD Jobs | Average Salary |
---|---|
Financial Manager | |
Economist | |
Professor of Economics | |
Financial Analyst | |
Economic Consultant |
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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Department of Economics and Related Studies
iPhD in Economics
Join an internationally-recognised and vibrant community, and develop key skills for your future career in economics research.
Length | Start dates ( ) | |
---|---|---|
iPhD | 4 years full-time
| September |
Take an integrated research degree in Economics and make your mark on the field through original research, supported by taught modules and training.
Your research
This is a four-year postgraduate programme that combines taught modules in Year 1 with an independent research project from Year 2. Your research project includes a written dissertation with original work adding new knowledge.
Postgraduate research provides opportunities to develop your academic, creative and practical skills. You'll work independently, supported by a vibrant department that balances innovation and scholarship.
As part of your application, you'll be interviewed by one or two academic staff members, including your prospective supervisor(s) . The interview will last around 30 minutes to an hour, with plenty of time for you to ask questions and find out what York has to offer.
You’ll receive support from leading academics in the discipline, ensuring you feel part of our community from the start.
Related links
- Research degree funding
- Accommodation
- International students
- Life at York
- How to apply
We're joint 14th in the UK
for research in the Times Higher Education ranking of the Research Excellence Framework (REF) 2021.
Committed to equality
We hold an Athena Swan Bronze Award, in recognition of our continued commitment to gender equality.
Pioneering academics
making groundbreaking contributions in areas including economic theory, econometrics, finance and macroeconomics.
Taught modules
In your first year, you’ll take a range of assessed modules. Taught modules will challenge you to use advanced knowledge of economic theory within and across specialist fields. You’ll learn how to develop and apply research methods, and engage critically with research literature. You must pass these taught modules in order to progress to the second year of your PhD.
You'll study a range of core and optional modules:
Core modules
- Microeconomics for Research
- Econometrics for Research
- Mathematical Research Methods
- Quantitative Research Methods
- Macroeconomics for Research
Option modules
- Health Economics for Research
- Asset Pricing
You'll also have the opportunity to study other option modules from our MSc programmes .
From Year 2, you will begin to pursue your research project, culminating in the submission of a doctoral thesis. This course includes an additional, optional ‘write up’ year following the end of the formal registration period.
- Advanced Macroeconomics 1
- Advanced Microeconomics
- Applied Microeconometrics
- Clinical Decision Analysis
- Continuous Time Finance & Derivative Assets
- Corporate Finance
- Dissertation
- Econometrics 1
- Emerging Markets Macroeconomics
- Evaluation of Health Care
- Financial Engineering
- Financial Markets
- Financial Risk Management
- Health & Development
- Health Economics
- Advanced Macroeconomics 2: International Finance and Trade
- Management Decision Analysis
- Development Economics: Theory & Evidence
- Investment & Portfolio Management
- Public Sector Economics: Microeconomic Applications
- Statistics & Econometrics
- Public Policy Analysis
- Theory of Finance
- Time Series
- Topics in Financial Econometrics
- Econometric Methods of Research
- Applied Microeconomics 1
- Econometrics 1 & 2
- Design & Analysis of Mechanisms & Institutions
- Fixed Income Securities
- Applied Microeconomics 2
- Evaluation of Health Policy
- Applied Quantitative Research Methods
- Money & Banking
Please note these modules may be subject to change at any time.
iPhD Health Economics Pathway
We offer a Health Economics variant of the iPhD in Economics.
The programme runs in the same way, but in Year 1 you'll take Health Economics for Research as a core module. Macroeconomics for Research will be available as an option module rather than core module for students on this pathway.
If you are interested in the Health Economics variant, please state this within your application.
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Supervision
We'll help match your research interests to our supervisory expertise. You'll have regular meetings with your supervisor(s) during each semester.
Training and support
When you study with us, you’ll be asked to join at least one of our research clusters and become a student associate. You’ll play an active role in the meetings, seminars and workshops, developing transferable skills for your future career. You’ll be assigned either one or two personal supervisors throughout your research degree, with support from a Thesis Advisory Panel (TAP).
We provide training which will equip you with the skills to support your growing expertise. You’ll have access to department-run training workshops, previous examples of which have included:
- Academic Writing (Professor Cheti Nicoletti)
- Conferences (Professor Andrew Jones)
- PhD Exams/Viva (Professor Peter Smith)
- Presentations (Dr Jorgen Kratz)
- Publishing in Economics Journals (Professor Zaifu Yang)
- The PhD Job Market (Dr Peter Wagner)
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Teaching opportunities
We offer our PhD students the chance to become paid graduate teaching assistants (GTAs). The role can provide you with financial support towards the completion of your degree and develop your communication and teaching skills.
All offer holders and current students are invited to apply for GTA positions via email each July.
Course location
This course is run by the Department of Economics and Related Studies.
You’ll be based in the Department of Economics and Related Studies on Campus West. You'll need to be on campus regularly during your first year to attend taught assessments.
Your PhD can be studied through distance learning from Year 2 onwards, subject to supervisory approval. If you would like to be considered for distance learning, please inform your prospective supervisor(s) during your online interview, and our Postgraduate Research Administrator, Maigen Savory ( [email protected] ).
Entry requirements
Applicants to the iPhD in Economics are usually required to hold a Bachelors degree in Economics with a 2:1 or 1st class honours (or overseas equivalent), and an MSc in Economics or a closely related discipline, with a high average mark (60% or above, including at least 60% in the dissertation component).
English language requirements
If English is not your first language you must provide evidence of your ability.
Check your English language requirements
Apply for the iPhD
Take a look at the supporting documents you may need for your application.
Find out more about how to apply .
Research proposal
You’ll submit a research proposal alongside your application. Your research proposal should be no longer than 2,000 words, and provide details on:
- Your main research question
- The relevant literature and your planned contribution to the current research in the area
- The econometric and/or theoretical modelling methods you plan to use
- Your data source(s) if you plan on conducting empirical research
Before submitting your proposal, we advise you to check that your research fits the Department’s research interests. As part of your application, please nominate at least one preferred supervisor.
Visit our research page
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Discover more about our researchers, facilities and why York is the perfect choice for your research degree.
Graduate Research School
Connect with researchers across all disciplines to get the most out of your research project.
Meet us online or on campus
Find out all you need to know about applying to York
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What Are The Top Online Colleges With The Best Ph.D. in Economics?
Find your degree.
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A Ph.D. in Economics is an excellent choice for those looking to make a social impact. With this credential, you’ll be an excellent candidate for many positions, since you’ll have a thorough understanding of the elements that influence diverse economic systems.
Graduate study in economics is a highly specialized field that offers advanced theoretical studies and original empirical research. Doctorate-level programs cover both perspectives, with some focusing on current economic policies or trends. In contrast, others offer technical education and training tailored towards the graduate’s specific needs depending upon their area of interest within this broad discipline.
As student demand for higher education has grown, so too have online programs. These benefits include the opportunity to take more challenging courses and graduate with a doctorate in economics – entirely from an online coursework program! Earning a graduate degree online is an excellent opportunity for those who want more flexibility and the chance to balance their educational goals with family or career demands. In addition, utilizing a distance learning program is the perfect way for working adults to earn their doctorate in economics since students can complete their coursework from any location. On-campus attendance at this level is usually only required if you want access to labs or you need to meet specific research requirements.
Table of Contents
Online Ph.D. in Economics Programs Are Somewhat Rare
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Unfortunately, while there are numerous on-campus programs you can pursue to get your Ph.D. in economics, the online programs are few and far between. This niche area typically does not generate the type of interest as some of the more popular areas of study. The good news is that there are some workarounds if you want to get your Ph.D. in economics online.
Those who want to get a doctorate in economics online may choose a doctorate in business administration and concentrate their studies on economics. While not specific to economics, many Ph.D. in Business or DBA programs have concentrations, specializations, or courses in finance or economics. With some DBA programs, you can even design your own discipline.
Related: Top 10 Online Colleges with the Best Ph.D. in Business
Several factors come into play when choosing the best institution to obtain a Ph.D. in Economics degree online. We made this search easier by researching and rating these five top-notch schools based on student tuition cost, acceptance rates, and student-to-faculty ratio in the order of excellence.
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Top 5 Online Colleges With Ph.D. in Economics Programs Methodology:
The ranking system we have used to create this list is based on various factors, such as the total cost for the program, how many applicants get admitted, and the student-to-faculty ratio. Online College Plan uses the National Center for Education Statistics data to determine the best programs. We also obtain information directly from the institutions, US News and World Report, and other sources.
Each part of the criteria represents several points, and we have listed them in ascending order, with the number one school at the top of the list. If there was a tie between schools, we gave higher placement to the college with lower total tuition fees. With the criteria that we are using, here is how we have calculated those points:
Total Tuition
- Less than $15,000– 3 points
- $15,001 to $20,000– 2 points
- Over $20,001– 1 point
Acceptance Rate
- More than 50% of applicants accepted – 3 points
- 25% to 50% of applicants accepted – 2 points
- Less than 25% of applicants accepted – 1 point
Student to Faculty Ratio
- Less than 10 – 3 points
- 11 to 15 to 1 – 2 points
- 16 or more to 1 – 1 points
![distance learning phd in economics Best Online Ph.D. in Economics Programs](https://www.onlinecollegeplan.com/wp-content/uploads/2021/12/shutterstock_1563598225-1024x683.jpg)
Please note that the listed tuition is based on the average cost per academic year for graduate programs at each university. Fees can vary between programs and often depend on whether you are a resident, non-resident, or an online student. You may be able to apply previously earned credits toward your degree, depending on the school or program. Each student’s situation may differ. For exact amounts, contact the school directly.
Top 5 Online Colleges with Ph.D. in Economics Programs
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1. Ottawa University
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Ottawa, Kansas
- Graduation Tuition: $11,098
- Student To Faculty Ratio: 4:1
- Acceptance Rate: 70%
Ottawa University is a private Baptist liberal arts university founded in 1865. Located in Ottawa, Kansas, this school is affiliated with the Ottawa Tribe of Oklahoma and the American Baptist Churches USA. The Higher Learning Commission accredits OU. Notable alumni include the researcher of DNA repair, Leonard Erickson. The mission statement of Ottawa University, “to prepare graduates for lifetimes of personal meaning, vocational fulfillment, and service to God and humanity,” perfectly describes the school’s ideals.
The Doctor of Business Administration (DBA) degree program at Ottawa University provides students with an opportunity to develop knowledge in both theory and practice. This combined approach makes the DBA program unique, as it focuses on uncovering compelling problems from real-world scenarios that are relevant and challenging for professionals today. The core curriculum of OU’s DBA emphasizes economic research. Quantitative Research Methods and Survey of Business Strategy courses focus on microeconomic strategy. Courses in this program include:
- Informed Decision Making
- Financial Value Generation Strategy
- Strategy Implementation Methodologies
- Knowledge-based Competitive Strategy
- Applied Research Project Defense
- Strategic Organizational Development
- Doctoral Orientation: Writing at the Doctoral Level Introduction to the
- Special Topics: 21st Century Strategy
- Doctoral Colloquium
- Strategic Human Capital Management
- Technology-driven Organizational Challenges
The primarily online 56-hour credit DBA degree program is fast-tracked with flexible eight-week terms six times per year. However, please note there are six two-day, on-campus residencies each year of enrollment.
2. Marymount University
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Arlington, Virginia
- Graduation Tuition: $19,620
- Student To Faculty Ratio: 14:1
- Acceptance Rate: 85%
Marymount University out of Arlington, Virginia, is a private comprehensive Catholic University open to students of all backgrounds and faiths. Founded in 1950 by the Religious of the Sacred Heart of Mary, this school is located only six miles from the nation’s capital of Washington, DC. The Commission accredits MU on Colleges of the Southern Association of Colleges and Schools with specialized accreditation for many of its business administration programs.
The Doctor of Business Administration program at Marymount University is designed to develop higher-order thinking and research skills to apply theory in the real world. It is highly personalized, meaning that the coursework is tailored for those pursuing their own goals. Offered by the College of Business, Innovation, Leadership, and Technology (BILT), courses include:
- Economics for Business Decision Making
- Managing Organizational Change
- Government as Business
- Strategy in a Changing Climate
- Using Data for Business Intelligence
- Risk Management in an Unsecure World
- Artificial Intelligence Applications
- Dissertation and Oral Defense
- Fostering Creativity in The Workplace
This thirty-six-credit DBA program is offered entirely online with no required residencies and can be completed in less than three years.
3. California Baptist University
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Riverside, California
- Graduation Tuition: $13,410
- Student To Faculty Ratio: 19:1
- Acceptance Rate: 80%
California Baptist University is a private, not-for-profit, Christian university located in California’s Inland Empire in Riverside. It is affiliated with the California Southern Baptist Convention. Founded in 1950, the college received its charter from the state of California in 1954. CBU is accredited by the Western Association of Schools and Colleges.
The online Doctor of Business Administration (DBA) program at California Baptist University Online & Professional Studies is designed to impart innovative leadership skills and knowledge for individuals to achieve maximum impact on public, private or non-profit organizations. It caters specifically to those looking for a flexible way of earning their degree without being away from home during school hours as it does not require summers off. The DBA curriculum offers students insights into management techniques such as marketing and strategy planning. Examples of courses included are:
- Applying Economic Theory to Business
- Ethics in Organizations and Management
- International Business in Global Markets
- Topics in Human Resource Management
- Quantitative Research
- Qualitative Research
- Data Analysis and Interpretation
- Research Design
- Foundations of Organization and Management
The 56-unit online DBA can be completed within three years, with students focusing on one class every eight weeks.
4. Hampton University
![distance learning phd in economics distance learning phd in economics](https://www.onlinecollegeplan.com/wp-content/uploads/2021/12/images-7.jpg)
Hampton, Virginia
- Graduation Tuition: $13,099
- Student To Faculty Ratio: 15:1
- Acceptance Rate: 36%
Hampton University is a private, Historically Black Research University . Located in a National Historic Landmark district of Hampton, Virginia, this university is steeped in history. HU was established in 1868 by American Missionary Association leaders to provide education to freedmen after the American Civil War. One of its earliest students was Booker T. Washington, who later became a teacher there.
In 1878, Hampton created a formal education program for Native Americans held as prisoners of war. Today, the school still houses the Hampton University Museum, the Commonwealth of Virginia’s oldest museum. HU is classified among “R2: Doctoral Universities – High research activity” by the Carnegie Foundation For The Advancement of Teaching. Accredited by the Southern Association of Colleges and Schools Commission on Colleges, it comprises ten accredited colleges and schools.
The Doctor of Philosophy in Business Administration at Hampton University emphasizes Managerial Economics. The School of Business at Hampton University provides students with an opportunity to earn a doctorate degree tailored to those seeking professional and personal growth. Some examples of courses included in the curriculum include:
- Teaching Methodology Seminar
- Empirical Research Methods
- Organization Theory and Practice
- Advanced Computer Applications
- Managerial Economics
- Behavioral Research Methods
- Advanced Topics in Research
The Hybrid Online Doctoral Program in Business Administration includes 60 credit hours consisting of two mandatory summer residencies, each lasting four weeks long.
5. Liberty University
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Lynchburg, Virginia
- Graduation Tuition: $7,935
- Student To Faculty Ratio: 17:1
- Acceptance Rate: 50%
Liberty University in Lynchburg, Virginia, is a private Evangelical university founded in 1971. It is accredited through the Southern Association of Colleges and Schools and the Accreditation Board for Engineering and Technology. Consisting of 17 colleges, LU is one of the largest private non-profit universities in the US and is also one of the largest Christian universities in the world in terms of student enrollment.
Here is the home of the tallest building in Lynchburg: Freedom Tower. This 17-story, 245-foot piece of architecture houses a 25-bell carillon that includes an authentic Liberty Bell. The university launched the distance-learning program in 1985 with a format of VHS tape mailings to students. Today, the majority of students at this school attend exclusively online.
The Ph.D. in Public Policy – Economic Policy degree at Liberty University is an excellent choice for the student looking to complete an advanced study of governmental functions and policy while pursuing original research in an area choice. LU’s instruction is grounded in Christian ethics with the expertise of industry leaders who are experienced policymakers.
This degree program trains students to effectively shape economic policy, specifically legislation, communications, and politics. It seeks to equip students with the analytical skills necessary when working successfully towards solutions that help make a difference within our communities today. Courses included in this degree program include:
- Economics and Public Policy
- Policy Analysis and Research Design
- Introduction to Economic Policy Studies
- Foundations of Public Policy
- Natural Law, The State & The Gospel
- Contemporary Challenges to Constitutional Order and the Role of the State
- Social Issues and Public Policy
- Competing Visions of Statesmanship
- Federalism and Intergovernmental Relations
- Introduction to Education Policy Studies
This Ph.D. program is entirely online. It can be completed in as little as three years, divided into eight-week courses.
What Can You Do With A Ph.D. In Economics?
A Ph.D. in Economics can prepare you for many careers. Below are some of the most popular and lucrative options.
See Also: What Can You Do With A Ph.D. In Economics?
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Economists are financial analysts who research market trends. Their main responsibilities include gathering and evaluating financial and socioeconomic data, providing economic advice to firms and governments, and constructing economic forecasting models.
Average Salary Range: $49k – $138k
Statistician
Statisticians examine and evaluate numerical data to help people plan and make better decisions. They collect data, apply statistical and analytical tools to it, and use the findings of their calculations and projections to discover trends. They may work for government or private institutions, corporations, or as consultants.
Average Salary Range: $55k – $116k
Financial Manager
Financial managers direct investments, provide financial reports and devise plans and strategies for a company’s or organization’s long-term financial success. They may work in hotels, banks, or insurance businesses, where they collaborate closely with management.
Average Salary Range: $48k – $120k
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Urban Planner
Cities are revitalized by urban planners, also known as city planners, who plan for the modernization or preservation of land within city bounds. They analyze population growth to estimate how a city will expand, and they engage with communities to determine infrastructure needs, assuring a community-oriented approach to urban development.
Average Salary Range: $44k – $87k
Postsecondary Economics Teacher
Postsecondary Economics teachers teach courses in economics, macroeconomics, price theory, and related topics at the undergraduate or graduate level. They prepare all of the course materials, assignments, handouts, and syllabi. Many postsecondary teachers will conduct research within their field of knowledge and publish their findings in books or professional journals.
Average Salary Range: $54k – $167k
Research Scientist
Research scientists develop, formulate, and carry out investigative processes to address scientific knowledge gaps. In this case, the research would be primarily related to economics. Their findings are then published in books, professional journals, or other media.
Average Salary Range: $52k – $122k
Financial Analyst
Financial analysts are in charge of a company or corporation’s financial planning, analysis, and projections. They anticipate future income and expenditures in order to develop cost structures and project capital budgets.
Average Salary Range: $49k – $83k
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Closing Thoughts on Pursuing on Online Ph.D.in Economics
A Ph.D. in economics can help you make an impact on the world. Individuals can use this degree for conducting and promoting global priorities research that is vital to our communities, our countries’ well-being, and stability as a whole.
Your path to an economic career is a promising reality with the right online school, which will allow you to continue working and taking care of your other obligations. Though not common, quality online programs for a Ph.D. in Economics are available. We hope our list made your search a simple one.
Related Posts:
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- Planning for Graduate School as an Undergrad
- Top 30 Online Masters in Finance Degrees
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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.
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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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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
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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
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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
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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)
- #4 Best Online PhD of Nursing (DNP) Degree Programs Ranked for 2024
- #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 Most Affordable 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
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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 Colleges in Florida 2024
- #5 Best Research Universities 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
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- #7 20 Fastest Accelerated Online English Doctorates (PhDs) 2024
- #8 Most Affordable Online Master's of Speech Pathology Programs
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- #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
- #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
Career | Job Growth | Avg. Salary |
---|---|---|
Economists | 6.25% | $108,366 |
Managers, All Other | 3.35% | $106,040 |
Economics Teachers, Postsecondary | 4.05% | $104,688 |
Data Scientists | 35.11% | $91,799 |
Statisticians | 31.83% | $90,928 |
Average Career Salaries
Bottom 10% | Median | Top 10% |
---|---|---|
$53,242 | $90,147 | $141,124 |
Promising Job Markets
State | Cost of Living | Avg. Salary |
---|---|---|
#2 Alabama | 13% higher than average | $102,252 |
#3 Illinois | 7% higher than average | $101,612 |
#4 Virginia | 5% higher than average | $99,747 |
#5 New York | 5% higher than average | $108,048 |
#6 Texas | 10% higher than average | $92,580 |
Top Industries
Industry | Avg. Salary |
---|---|
Economists | $108,366 |
Managers, All Other | $106,040 |
Economics Teachers, Postsecondary | $104,688 |
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- PhD Program
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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PhD in Economics
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At the edge of your field — and at the top of your game.
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If your dream is to become an established academic or to bring cutting-edge economics to the private sector, you’ve come to the right place.
In our economics PhD program, you’ll have access to top research labs, excellent research opportunities and publication-worthy collaboration with the department’s outstanding faculty.
Graduate Program Coordinator [email protected]
The Program
Program essentials.
The first and second year are devoted to coursework on concepts and techniques in economic theory and econometrics. The preliminary exam for the PhD occurs at the end of the first year. During the second and third years, students work closely with the faculty and make the transition to doing their own research.
Explore the program
Areas of Specialization
The program allows you to specialize in behavioral economics, econometrics, economic history, environmental and energy economics, experimental economics, health economics, industrial organization, labor economics, law and economics or microeconomic theory.
Explore Areas of Specialization
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I am truly indebted to the Eller Department of Economics. I received a first-class training in economics, and I was encouraged from the very beginning to pursue an ambitious academic career.
Natalia Lazzati ’11 PhD (Economics), Associate Professor, Department of Economics, University of California Santa Cruz
Economics Faculty Research
Associate Professor of Economics Mo Xiao is one of many Eller Economics professors undertaking outstanding research and collaborating with PhD students. Meet Professor Xao, and learn about her research:
Doctoral Admissions Process
Requirements include a bachelor’s degree or equivalent where you’ve completed and performed well in certain courses. Your application will also require current GRE scores, three letters of recommendation and payment of the application fee.
View Admissions PRocess
Tuition is waived for Economics PhD students. Most students are also funded with a living stipend of approximately $21,000 for serving as a graduate associate.
View Funding Information
Application Deadline
January 15, 2024 : Next Application Deadline for Fall 2024 Admission (Domestic and International)
Doctoral students are admitted only in the fall semester, and all application materials must be submitted online.
Research Labs
The Institute for Behavioral Economics promotes research in behavioral economics while the Economic Science Laboratory is home of cutting-edge experimental research and teaching in social science.
Explore Research
Our faculty work with PhD students to find placement in positions that match their skills. Almost all graduates obtain an academic appointment—if that's the student's objective. Recent graduates are working as fellows and professors at universities worldwide, including Indiana University, University of Southern Denmark and University of Michigan.
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Economics Faculty
We’re focused but expert. We’re world leaders in experimental economics and economic history, plus have top faculty in industrial organization and labor economics. Our relatively small faculty has published hundreds of research papers, and that research consistently earns national and international awards.
Explore Faculty
Start Your Journey to the Top of Your Field
Small class sizes. A great faculty-to-doctoral-student ratio. Incredible research resources. A stellar track record. And you.
Contact us with any questions , or if you're ready to apply to the Eller Doctoral Program in Economics, just click below. We look forward to making breakthroughs together.
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Doctor of Philosophy in Economics (PHDEC)
Minimum Duration: 3 Years Maximum Duration: 6 Years Course Fee: Rs. 16,800 Minimum Age: No bar Maximum Age: No bar Eligibility: Possesses Master’s Degree from a University recognized by UGC or any other qualification recognized as equivalent thereto in such fields of study as are notified for the purpose from time to time by the University with at least 55% marks [50% marks in the case of SC, ST, OBC (Non-creamy Layer) and Differently-Abled and other categories of candidates as per the decision of UGC from time to time, or for those who had obtained their Master’s Degree prior to 19th September, 1991]excluding grace mark. and Qualifies in the entrance examination conducted by IGNOU at the National level. Click Here for Programme Fee Structure
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Course Overview
Content Awaited
Teleconferencing
Teleconferencing is a one-way video and two-way audio facility. Teleconferencing will be held every month. During teleconferencing session, you will get an opportunity to interact by phone in facility or fax with the resource persons/experts who participate in teleconferencing session and clear your doubts immediately.
The teleconferencing facility will be available at the Regional Centre and Selected Study Centres. The teleconferencing schedule will be sent to the Programme In-charge and Regional Director who would inform the students. Teleconferencing is done through Gyan Darshan Channel. Students must regularly attend these sessions. These will help them clarify doubts and interact with other learners all over the country.
Radio Counselling
Radio counselling will be held through FM and students can ask questions free of cost with phone in facilities right from their homes. A toll free telephone number 110012345 has been provided for this purpose.
The programme will also be telecast through DD Metro channel and schedule will be informed to students in advance.
Audio-video Programme
Audio and video programmes for each course have been prepared to support learning for the students. These Audio-video programmes in the form of cassettes are available at all Programme Study Centres. These Audio and video cassettes will be provided for viewing and listening. They can also hire the cassettes for viewing and listening.
Students will be required to complete seventy-five percent attendance in theory counselling to become eligible for appearing in Term-end Examination. Similarly, they will be required to complete ninety percent attendance in practical contact sessions to become eligible for appearing in practical examination.
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Assignment is a means of continuing assessment of theory and practical. Assignments will help you to recapitulate the theory and go back to the text again in case students are unable to answer a particular question. Thus assignments also help to reinforce learning in distance learning system of education. These assignments consist of a set of questions and activities that you will answer at your own place by referring your blocks.
The assignments will cover all types of questions (long answer type, short answer type, objective type, multiple choice questions and case studies). The assignments will carry thirty percent weightage. Students will be required to obtain fifty percent marks as pass percentage in each assignment separately.
Each assignment will carry 100 marks. In the final result assignments will carry thirty percent weightage.
Term-end Examination
As stated earlier, term-end examination is the major component of the evaluation system and if carries seventy percent weightage in the Final result. The University conducts term-end examination twice a year i.e., in June and December. They can take the examination only after completion of the course, failing which students can take the same in December or June of subsequent years years within the total span of the programme.
In case any student fail to get a pass score in the Tern-end Examination, the person will be eligible to reappear at the next Term-end Examination for that course as and when if is held, within the total span of the Programme.
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PhD Economics / Overview
Year of entry: 2024
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Streams : The 1+3 stream consists one year of PhD level teaching followed by 3 years of research. The 1+1+3 stream consists of one year of MSc teaching followed by the 1+3 stream.
High level of performance: Achieving an average of 65% in coursework with no unit marks below 55% for both UG and PG degrees as well as 65% mark for dissertation. Typically, offer holders tend to achieve much higher standards than this.
Degree Requirement : Economics degree training should be equivalent to the training given at the University of Manchester. Applicants with degree in quantitative fields other than economics will be considered on a case by case basis. We will not normally consider applicants whose previous studies have been in non-quantitative fields. Our criteria are:
- 1+1+3 Stream: High level performance in degree equivalent to BSc or MA in Economics from the University of Manchester.
- 1+3 Stream: High level performance in degree equivalent to the training in the MSc phase of our PhD programme.
Full entry requirements
Apply online
Please ensure you include all required supporting documents at the time of submission, as incomplete applications may not be considered.
Application Deadlines
Admission to the PhD programme is highly competitive, so please allow as much time as possible to prepare your application, browse our research pages and academics' profiles, and familiarise yourself with the application process and any important deadlines.
Applications will be considered on a rolling basis, but you must submit your application before the deadline below to be considered. You will not be able to apply after this deadline has passed.
- For September 2024 entry: 30 June 2024
It should be noted that the deadlines for funding competitions will often be earlier than the deadline shown above. For internal studentships from the School of Social Sciences, the application deadline is the same as the programme deadline above. However, we reserve the right to close the competition at any stage if all awards have been allocated, so we recommend that you apply as early as possible. If you intend to apply for external funding sources (e.g. ESRC NWSSDTP), you must submit your programme application far enough in advance of the relevant external funding deadlines, which are usually much earlier than the programme deadline listed above.
Programme options
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Programme overview
- Join a vibrant and active research hub, with weekly seminars in macroeconomics, economic theory and applied economics.
- Benefit from staff with expertise across all areas of economics.
- We host prestigious events such as the Annual Conferences of the Royal Economic Society and the Summer Meeting of the European Economic Society and the Econometric Society.
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We will be conducting our Humanities PGR virtual open week in October 2024. Find out more about future events and postgraduate research sessions by signing up for our email alerts.
Scholarships/sponsorships
There are a range of scholarships, studentships and awards available to support both UK and overseas postgraduate researchers, details of which can be found via the links below.
To apply University of Manchester funding, you must indicate in your application the competitions for which you wish to be considered .
All external funding competitions have a specified deadline for submitting your funding application and a separate (earlier) deadline for submitting the online programme application form, both of which will be stated in the funding competition details below.
For more information about funding, visit our funding page to browse for scholarships, studentships and awards you may be eligible for.
- ESRC North West Social Science Doctoral Training Partnership (NWSSDTP) PhD Studentships - Competition Closed for 2024 Entry
- School of Social Sciences Economics PhD Studentships 2024 Entry
- China Scholarship Council - The University of Manchester (CSC-UoM) Joint Scholarship Programme - Competition Closed for 2024 Entry
- Commonwealth PhD Scholarships (Least Developed Countries and Fragile States)
- President's Doctoral Scholar (PDS) Awards - Competition Closed for 2024 Entry
- Trudeau Doctoral Scholarships 2024 Entry
- PhD Studentship with the Stuart Hall Foundation (Social Sciences) - Competition Closed for 2024 Entry
- Commonwealth PhD Scholarships (High Income Countries)
- Humanities Doctoral Academy Humanitarian Scholarship 2024 Entry
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Distance Learning at AIU is enhanced by vast academic resources and innovative technologies build into the Virtual Campus: Hundreds of self-paced courses with video lectures and step by step lessons, thousands of optional assignments, 140,000 e-books, the Social Media & Networking platform allowing collaboration/chat/communications between students, and MYAIU develop students holistically in 11 areas beyond just academics.
The world is YOUR campus!”, that is the message of AIU’s month magazine Campus Mundi. Hear the voices and see the faces that make up AIU. Campus Mundi brings the world of AIU to you every months with inspirational stories, news and achievements by AIU members from around the world (students and staff are located in over 200 countries).
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School of Business and Economics
Academic Freedom to Discover Your Purpose Open Curriculum Design at Atlantic International University
Are you eager to blend economic analysis with practical business insights? AIU’s Doctorate in Economics program is meticulously crafted to unite these two essential components, providing you with a comprehensive curriculum that prepares you for a fulfilling career in research and teaching within business administration and its correlated fields.
At AIU, our program is tailored to explore a rich tapestry of theories and research methods derived from various academic disciplines such as technology and operations management, corporate governance and control, labor relations, organizations and markets, capital markets and financial institutions, corporate finance, international business, business strategy, and industrial organization marketing.
What sets our Doctorate in Economics program apart is its commitment to nurturing your professional development. This program is not just for fresh graduates; it is also ideal for seasoned professionals in the economics field, seeking to elevate their expertise. Our curriculum is designed to broaden your knowledge base while equipping you with extensive research and process economics skills. This holistic approach ensures that you are primed to make significant leadership contributions in your chosen field.
Courses and Topics in Doctorate in Economics
A Doctorate in Economics program typically includes courses in advanced microeconomics, macroeconomics, and econometrics, along with specialized seminars in areas like international economics, labor economics, and public policy. Research methodology and dissertation development are also integral components. These courses prepare students for careers in academia, research institutions, and policy-making organizations, where they can contribute to economic analysis and solutions.
Pursuing a Ph.D. in Economics opens up a range of opportunities, both in terms of career prospects and personal development. And here’s the best part! Your journey towards a Doctorate in Economics at AIU is not a one-size-fits-all approach. We believe that each student brings a unique set of aspirations and requirements to the table. That’s why our Distance Learning Doctorate program in Economics is specifically designed to cater to your individual needs.
Working closely with your advisor, you will have the autonomy to shape your curriculum, ensuring it aligns perfectly with both your professional objectives and personal interests. This bespoke approach , coupled with the flexibility offered by our distance learning model , ensures that your educational journey is as unique as you are.
So, if you’re ready to take a deep dive into the fascinating world of economics and computer science, AIU is here to guide you every step of the way.
Economics of Growth and Development Public Economics Mathematics for Economists Econometrics International Trade Theory Microeconomic Research
Macroeconomic Research Labor Economics Economic Theory Industrial organization International Economics
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Orientation Course
Orientation courses in a Doctorate in Economics program introduce students to advanced economic theory, research methodologies, and academic writing skills. AIU begins with a series of orientation courses meticulously designed to lay a solid foundation for your academic voyage. Each course is a stepping stone to your success, guiding you to reach the pinnacle of your academic and professional aspirations.
We design these foundational courses to ensure that our students are prepared for the rigorous demands of doctoral-level research and analysis. Additionally, these courses also provide an opportunity to connect with fellow students and faculty, forming a support network for the journey ahead. The evaluation process is designed to assess and bolster your academic acumen and to bridge the gap between theory and application.
- Communication & Investigation (Comprehensive Resume)
- Organization Theory (Portfolio)
- Experiential Learning (Autobiography)
- Academic Evaluation (Questionnaire)
- Fundament of Knowledge (Integration Chart)
- Fundamental Principles I (Philosophy of Education)
- Professional Evaluation (Self Evaluation Matrix)
- Development of Graduate Study (Guarantee of an Academic Degree)
Research Projects in Doctorate in Economics
In a Doctorate in Economics program, research projects are a cornerstone of the student’s academic journey. These projects empower students to delve deeply into specific areas of interest within the field of economics, such as macroeconomic theory, microeconomic analysis, econometrics, development economics, or international trade.
Hence, we ensure that AIU students develop a research question, conduct a comprehensive literature review, design and implement a research methodology, analyze data, and contribute to the existing body of knowledge in economics. The projects are typically overseen by our faculty advisor or dissertation committee, and they culminate in a dissertation that is defended in front of a panel of experts .
The research project is an opportunity for students to demonstrate their ability to conduct independent, original research and make a significant contribution to the field of economics. It also prepares them for careers in academia, research institutions, government, and the private sector, where they can apply their skills in data analysis and economic modeling to solve real-world problems.
- Doctoral Dissertation Project
- MBM900 Doctoral Proposal
- MBM902 Doctoral Dissertation (15,000 words)
Publication – Moreover, our Doctorate in Economics program encompasses extensive research projects aimed at enriching both theoretical and practical comprehension of economics as applied to real-world situations. Even in an online format, we equip our students with all essential tools and resources to facilitate impactful research. This often includes a spotlight on navigating the intricacies and prospects introduced by the digital era.
Dive deep into the realm of economics with a Doctorate in Economics from AIU
Transformative Doctorate Student Journey at AIU
AIU offers a transformative journey that promises intellectual growth and professional development for all its students. From the outset, students are immersed in a rich academic environment that nurtures critical thinking and analytical skills. The curriculum is designed to inspire and challenge, exploring into the intricacies of economic theory and its real-world applications.
Our comprehensive research projects offer students the opportunity to make meaningful contributions to the field of economics, with a particular emphasis on the challenges and opportunities presented by the digital world. Students are supported every step of the way by our expert faculty, who bring a wealth of knowledge and experience to the program.
As students progress through their studies, they develop a profound understanding of the economic forces that shape our world. They hone their ability to analyze complex data, develop sound economic models, and communicate their findings clearly and effectively.
Upon graduation, AIU Doctorate in Economics students are equipped with the skills and knowledge necessary to excel in a range of professional settings, from academia and research institutions to government and the private sector. They leave the program with a deep sense of accomplishment and a readiness to contribute to the field of economics in meaningful and impactful ways.
Community & Social
AIU’s online program has meticulously cultivated a vibrant and interconnected community, utilizing state-of-the-art technologies and collaborative tools to ensure your educational journey is anything but solitary. Our Virtual Campus, Mobile App, and diverse platforms like MYAIU, AIULink, and AIUTV act as digital connectors, forging bonds between students, alumni, and faculty from every corner of the globe.
Moreover, our program is not just about academic excellence; it’s a journey of personal evolution and self-discovery. Engaging in reflective practices and self-assessment, students unlock deeper insights into their leadership styles, strengths, and potential growth areas. This newfound self-awareness is crucial for both personal and professional maturation, catapulting individuals into becoming influential and effective leaders.
Adding to this, the AIU Campus APP, compatible with both Android and iOS devices, grants you seamless access to your program and an expansive array of resources, all at your fingertips. These digital avenues are not mere educational tools; they are pathways for you to share your unique story and delve into the holistic elements that contribute to individual growth and the collective advancement of humanity.
Thus, immerse yourself in a rich array of symposiums, webinars, and conferences, creating bonds with fellow scholars spread across the globe. Dive into a wealth of academic resources available at the Merlin Media Center and remain connected with the AIU community through AIULink, our custom-made social media platform tailored for campus interactions.
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Academic Resources
The Virtual Campus at Atlantic International University stands as a pillar of innovation, boasting more than 25 essential tools designed to catapult students to the zenith of their academic and personal potential. In our pursuit of the most cutting-edge technology, our new Virtual Reality 3D immersive experience fosters a vivid sense of community , significantly enhancing the development, motivation, and inspiration of our students.
At the heart of our academic offerings lies a rich array of resources, including an online library filled with over 260,000 books and a whopping 30 million peer-reviewed articles, journals, and publications. This invaluable treasure trove is complemented by an extensive database of over 105,000 academic resources, meticulously curated by the vibrant AIU community .
For those on the path to a Doctorate in Economics or any leadership-oriented doctorate, our resources act as a crucial springboard for your growth and success. Catering to various academic interests, each resource is meticulously tailored to meet the unique needs and aspirations of our students, ensuring they possess the tools necessary to realize their dreams and achieve their program objectives.
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Virtual Campus
Complete assignments online or offline at your convenience with 24/7 access to distance learning through AIU’s Virtual Campus. Step by Step guides including videos, tutorials, live webinars and examples for each course. All materials can be access on all web browsers as well as via AIU's Mobile App which brings all the features of the Virtual Camus to your Mobile Device.
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My AIU Elements
MyAIU’s primary goal is to go beyond Academics, it looks to guide students through 11 elements that are key to living life optimally in all aspects. By identifying and reflecting on these key areas, an opportunity arises to holistically address them, through positive change, habits, reinforcement and tools to keep students on their chosen path.
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AIU TV & Radio
The students have the opportunity to produce, edit and host their own show reaching a worldwide audience, the AIU community and giving notice of their expertise/passion in the subject. AIUTV & AIU Radio allow students to explore new ways to communicate, develop a platform and form potential collaboration with likeminded individuals.
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AIU Campus Mundi
AIU Campus Mundi is a monthly magazine that gathers the most notable news and information about the university and its members in one convenient place. The magazine allows our community to be well informed, involved and keep in tough regardless of their geographic location. AIU Campus Mundi publishes, news, research, events, awards, academic achievements.
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Graduation Ceremony
Each year AIU organizes graduation ceremonies where the students can assist and share their experiences with fellow students and academic members Participation in the ceremony is optional, the day’s events include conferences, research presentations, group meetings, networking, lunch and formal dinner.
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Symposiums & Webinars
At AIU, our Doctorate in Economics program transcends the traditional academic journey, serving as a gateway to a flourishing community of scholars and professionals. Our symposiums stand as bastions of knowledge and innovation, offering a platform for doctoral candidates to converge, showcase their pioneering research, and partake in stimulating conversations that push the limits of our comprehension.
Live Classes
At AIU, our Doctorate in Economics program redefines the boundaries of online education . We take pride in delivering live, interactive classes that infuse vitality into the virtual classroom, creating a fully immersive and dynamic learning experience for our students. These live sessions, meticulously conducted by our experienced faculty and industry experts, offer a priceless platform for real-time discussions, exhaustive Q&A sessions, and collective problem-solving endeavors.
Engaging in these live classes not only solidifies your understanding of complex strategic leadership concepts but also fosters meaningful connections with your peers, cultivating a strong sense of community and fellowship. By enrolling in AIU’s live classes, you open the door to participating in intellectually stimulating dialogues, staying up to date with the recent trends and innovations in the field of economics, and receiving timely, tailored feedback from your instructors.
This groundbreaking approach to online learning guarantees that your academic journey in the field of Doctorate in Economics, whether pursuing a Doctorate of Economics or a Ph.D. in Economics, is not just educational but also profoundly enriching and uniquely tailored as per individual needs and goals.
Special Projects
At AIU, the unique projects embedded within our Doctorate in Economics program are meticulously crafted to grant our students hands-on, real-world experiences that synergize seamlessly with the robust academic curriculum . These projects are pivotal to our pledge of cultivating a comprehensive approach to nurturing leadership skills, thereby equipping our students with the acumen to transpose theoretical knowledge into practical scenarios.
Within our Doctor of Economics program, these special projects frequently entail collaborative endeavors with industry connoisseurs and thought pioneers, thus affording our students a treasure trove of invaluable insights and access to the most recent trends and exemplary practices prevalent in the leadership domain.
At AIU, We Don’t Just Teach Economics, We Cultivate Economists and Visionaries.
Career Center
The Career Center provides a stimulating and fruitful journey, unlocking a myriad of prospects across diverse industries and sectors. A Doctorate in Economics opens doors to prestigious academic positions, top-tier research opportunities, and influential policy-making roles. It equips individuals with an in-depth understanding of economic theories and their practical applications, enhancing their ability to analyze complex data, forecast economic trends, and develop innovative solutions to global economic challenges. This degree also hones critical thinking and quantitative skills, setting the stage for impactful contributions in various sectors including government, academia, and the private sector.
For individuals seeking an online learning environment , the center offers the convenience and flexibility of pursuing higher education without the limitations of a traditional classroom setting. These programs are meticulously crafted to cater to the demands of working professionals, providing them with the opportunity to further their education while adeptly managing their professional responsibilities and other commitments.
Job Opportunities
The ideal job description for a Doctorate in Economics include:
- Educate the next generation of economists and conduct research that contributes to the field of economics.
- Analyze and interpret economic data to assist in policy-making processes, including fiscal and monetary policies.
- Provide expert advice to businesses or government agencies on economic issues and help them make informed decisions.
- Work in banks, financial institutions, or investment firms, using economic principles to forecast market trends and guide investment strategies.
- Contribute to global economic policy-making and development initiatives at organizations like the World Bank, IMF, or United Nations.
- Investigate and analyze economic issues, producing valuable insights that can shape public policy and opinion.
- Apply economic principles to address social and development challenges, working towards sustainable solutions.
Employment Opportunities after completing Doctorate in Economics
- Academic Positions : Professors, researchers, or lecturers at prestigious universities and colleges, contributing to the development of economic theories and practices through teaching and research.
- Government and Policy Analysis : Economic advisors or analysts for government agencies, helping to shape monetary and fiscal policies, and providing insights on the economic implications of policy decisions.
- Finance and Banking Sector : Economists or financial analysts in banks and financial institutions, conducting economic research to guide investment decisions and financial strategies.
- International Organizations : Working as economic experts in international bodies like the World Bank, IMF, or United Nations, contributing to global economic development and policy making.
- Research Institutions and Think Tanks : Conducting in-depth research on various economic issues, and providing valuable insights to shape public opinion and policy.
- Private Sector and Consulting : Economists in consulting firms or corporations, analyzing market trends, forecasting economic conditions, and advising on business strategies.
- Non-profit and Development Agencies : Working with NGOs or development agencies to analyze and address economic challenges in different regions, and contributing to sustainable development initiatives.
Tools used in Economics
These tools are essential for conducting research, analyzing data, and developing models that are fundamental to the field of economics.
Statistical Software:
Econometric Tools:
Data Analysis Tools:
Survey Tools:
- SurveyMonkey
Geographical Information Systems (GIS):
Simulation Software:
Databases and Data Sources:
- World Bank Data
- OECD Statistics
- Bureau of Economic Analysis (BEA)
- Federal Reserve Economic Data (FRED)
Text Analysis Tools:
Bibliographic and Citation Tools:
Associations for Professionals in Economics
These associations provide platforms for professional development, networking opportunities, and access to latest research reports and publications in the field of economics. Each association offers a range of benefits for its members, including access to academic journals, networking opportunities, conferences, and professional development resources.
American Economic Association (AEA) : The AEA is a professional association that promotes the study and discussion of economics and publishes multiple prestigious journals.
National Association for Business Economics (NABE) : It is a professional association for economists and others who use economics in the workplace.
Economic Policy Institute (EPI) : EPI is a nonprofit organization that researches the impact of economic trends and policies.
International Economic Association (IEA) : The IEA aims to encourage the exchange of ideas and accordingly collaborate between economists across the globe.
Royal Economic Society (RES) : RES promotes the study of economic science and publishes the Economic Journal, one of the oldest scientific journals in the field of economics.
European Economic Association (EEA) : The EEA aims to provide a platform for the dissemination of research in economics and the development of a strong European community of economists.
Canadian Economics Association (CEA) : The CEA is a professional association that promotes the study of economics and the exchange of ideas among economists in Canada.
Fuel Your Aspirations and Propel Your Career – AIU’s Doctorate in Economics is Your Launchpad!
Requirements for Doctorate in Economics
A Doctorate in Economics typically requires completion of coursework, comprehensive exams, and a dissertation that makes an original contribution to the field. Applicants need a master’s degree in economics or a related field, with a strong academic record and proficiency in relevant mathematical and statistical methods. Additionally, letters of recommendation, a statement of purpose, and sometimes a research proposal are required for admission. Duration varies, but most programs take 4-6 years to complete.
How Can You Apply?
The steps to apply for a Doctorate in Economics are mentioned below:
Research Programs: Do a thorough research on the program to ensure that it fits your academic and professional goals. Check Admission Requirements: Carefully review the admission requirements for each program. Prepare Application Materials: Gather and prepare all required application materials, including transcripts, letters of recommendation, a resume , an SOP, and any required test scores. Write a Research Proposal: If required, write a research proposal that outlines your proposed area of study and research questions. Submit the Application: Complete and submit the application form, along with all required materials, by the specified deadline. Interview: If an interview is required, prepare thoroughly and attend the interview as scheduled. Wait for a Decision: Wait for a decision from the admissions committee. Accept the Offer: If accepted, carefully review the offer and accept it by the specified deadline. Prepare for Enrollment: Prepare for enrollment by completing any required paperwork and fulfilling any other requirements for admission. Enroll in the Program: Enroll in the program and begin your journey toward earning a Doctorate in Economics.
Financial Support & Scholarships
We’re excited to offer a variety of scholarships tailored specifically for our doctoral students. We invite you to share your information with us, opening the door to a wealth of scholarship opportunities meticulously designed to support your academic and intellectual pursuits. Let us contribute to making your educational dreams come true.
How Much Does a Doctorate of Economics Cost Per Year?
Embark on your academic journey at AIU, where we offer our Doctorate in Economics Andragogic Online Program at an affordable tuition fee
- How many years is a Doctorate in Economics?
Ans: The duration of a Doctorate in Economics varies depending on the institution and specific program. It usually takes about 4 to 6 years to complete. This includes the time taken for coursework, comprehensive examinations, and the completion of a dissertation. Some students may take longer depending on the complexity of their research topic and the time required for data collection and analysis. It is important to consult with the specific university or program for accurate information on program duration.
- Can you earn your Doctorate in Economics online?
Ans: Yes, it is possible to earn a Doctorate in Economics through online programs offered by various universities and institutions. Online programs provide flexibility and convenience for students who may be working or have other commitments that prevent them from attending traditional on-campus programs. However, it is important to research and verify the credibility and accreditation of the online program before enrolling, as the quality and acceptance of online doctoral programs can vary widely. It’s also essential to consider whether the online format suits your learning style and needs.
- What Can You Do With A PhD In Economics?
Ans: A PhD in Economics opens doors to several career opportunities in various sectors. Here are some possibilities:
- Professor or Lecturer in universities and colleges.
- Researcher at academic institutions.
Research Institutions:
- Economic Researcher or Analyst in think tanks, research firms, and international organizations like the World Bank or International Monetary Fund.
Government:
- Economist or Policy Analyst in various government departments and agencies.
- Advisor on economic policies and strategies.
Private Sector:
- Economist or Analyst in financial institutions, consulting firms, and corporations.
- Roles in market research, data analysis, and financial modeling.
International Organizations:
- Economist or Policy Advisor in organizations like the United Nations, World Trade Organization, and others.
Non-Profit Organizations:
- Research and policy analysis roles in NGOs and other non-profit organizations working on social, environmental, or economic issues.
Self-Employed:
- Establish a consulting firm or work as an independent consultant, providing expert advice on economic matters.
A PhD in Economics equips you with analytical and research skills that are valuable in a wide range of settings, providing you with the tools to contribute to solving complex economic problems and influencing policy and decision-making.
- Who is eligible for PhD in economics?
Ans: To be eligible for a PhD in Economics, candidates generally need to meet the following criteria:
- Master’s Degree: A master’s degree in economics or a related field from a recognized university is typically required. Some programs may accept a bachelor’s degree, but additional coursework or requirements may apply.
- GPA: A high grade point average (GPA), usually above 3.0 or equivalent, is often required.
- GRE or Other Standardized Test Scores: Many programs require Graduate Record Examination (GRE) scores, and some may have specific score requirements.
- Letters of Recommendation : Academic or professional references speaking about a candidate’s potential for success in a PhD program.
- Statement of Purpose : A well-crafted statement of purpose outlining the candidate’s research interests, academic goals, and reasons for pursuing a PhD in Economics.
- Research Proposal : Some programs may require a research proposal or writing sample to assess the candidate’s research skills and interests.
- Language Proficiency : For non-native English speakers, proof of English language proficiency is essential.
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Distance Learning PhD Degrees in Economic Studies
Economics is an area of study that explores topics of wealth, banking, finance, buyer and distributor trends, recessions and more. This subject deals with the production and consumption of goods and services as they relate to individuals, businesses and nations.
Requirements for the PhD program often involve the student having already obtained a Master’s degree. Additionally, a thesis or dissertation primarily consisting of original academic research must be submitted. In some countries, this work may even need to be defended in front of a panel.
Online learning refers to use of electronic media and information and communication technologies (ICT) in education. With online learning one has the flexibility to access their studies at any time and from anywhere they can log on.
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The PhD opportunities on this programme do not have funding attached. You will need to have your own means of paying fees and living costs and / or seek separate funding from student finance, charities or trusts.
PhD Research Programme
PhD Research Programmes present a range of research opportunities shaped by a university’s particular expertise, facilities and resources. You will usually identify a suitable topic for your PhD and propose your own project. Additional training and development opportunities may also be offered as part of your programme.
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PhD Construction Management and Economics
London south bank university.
The wide range of research activities in our School, together with the mix of academic staff, post-doctoral research fellows and visiting Read more...
- 6 years Distance without attendance degree: £4,820 per year (UK)
- 3 years Full time degree: £4,820 per year (UK)
- 5 years Part time degree: £2,892 per year (UK)
Management PhD, MPhil - Economics, Finance and Accounting
University of leicester.
The School of Business offers supervision for the degrees of Doctor of Philosophy (PhD) - full-time campus based, part-time campus based Read more...
- 6 years Distance without attendance degree: £3,942 per year (UK)
- 3 years Full time degree: £4,786 per year (UK)
- 6 years Part time degree: £2,393 per year (UK)
Economics, Accounting or Finance PhD
Oxford brookes university.
Economics is a broad discipline that helps us understand historical trends by studying the past, interpret today’s major challenges and Read more...
- 3 years Distance without attendance degree
- 4 years Distance without attendance degree
- 3 years Full time degree: £4,712 per year (UK)
- 4 years Part time degree: £2,356 per year (UK)
Economics PhDs and Mphils (Distance Learning)
University of portsmouth.
If you're ready to take your expertise in Economics into a postgraduate research degree, Portsmouth is the perfect place to realise your Read more...
- 6 years Distance without attendance degree: £2,393 per year (UK)
- 3 years Distance without attendance degree: £2,393 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
PhD in Environmental Economics and Environmental Management
University of york.
The PhD programmes in Environmental Economics and Environmental Management offer interdisciplinary research across economic and ecological Read more...
- 4 years Distance without attendance degree: £4,786 per year (UK)
- 8 years Distance without attendance degree: £2,393 per year (UK)
- 4 years Full time degree: £4,786 per year (UK)
Population Health Sciences PhD
University of bristol.
The Department of Population Health Sciences is part of Bristol Medical School. Staff in the department participate in extensive national Read more...
- 6 years Distance without attendance degree: £2,379 per year (UK)
- 4 years Distance without attendance degree: £4,758 per year (UK)
- 4 years Full time degree: £4,758 per year (UK)
- 6 years Part time degree: £2,379 per year (UK)
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PhD opportunities
What we offer.
We offer flexible modes of study designed to fit with your needs. Our PhDs are available for study on a full-time basis over three years and part-time over four to six years, starting in semester 1 of the academic year. Both full-time and part-time variants are available for study in Reading, or at a distance for students who live outside the UK.
While we welcome research proposals on any economics topic, it is strongly recommended that your proposal lies within the research and supervision interests of one or more staff members.
Research activity within the Department is broad and extensive; among our most active fields are business economics, development economics, behavioural economics, labour economics and sports economics.
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Part-time study
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Part-time PhDs are available as well as full-time, so you can choose a mode of study that suits your circumstances.
Types of doctoral degree
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We offer several routes to a doctoral qualification, so you can find the one that suits you and the topic you wish to study.
PhD by Distance
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Our PhD by Distance programme allows you to benefit from the expertise of a Reading-based supervisor, while conducting your research in a different location.
Projects with an external partner
Visiting phd students.
The Department of Economics welcomes applications from PhD students from other universities who wish to spend a visit period of one month to one year at Reading.
As a visiting PhD student, you will have full access to the research and library resources of the University, will be able to audit postgraduate modules, attend research seminars, and present your research to the department. You will be assigned a supervisor with relevant expertise and similar research interest.
As a visiting PhD student, you are usually charged a fee, depending on the length of your period of visit.
View our PhD fees .
Find a PhD opportunity that aligns with your interests and career ambitions.
We want to ensure that your time spent with us is as rewarding as possible. To allow you to explore your various options, here is a list of some of our currently available PhD opportunities.
We do, however, offer many more options, so please contact us for further information. You can propose your own project that aligns with our research. Find out more about how to apply for a PhD , and identify and contact a supervisor.
Applied Economics: What works for firms and the gender pay gap?
Supervisors: professor giovanni razzu and dr carl singleton.
About the project: A vast literature has studied the determinants of gender pay gaps (see for reviews Altonji and Blank, 1999; Weichselbaumer and Winter-Ebmer, 2005; Blau and Kahn, 2017). Explanations for the labour market differences between men and women are typically grouped into three broad categories: productivity, preferences and discrimination, which are all interrelated (Altonji and Blank, 1999). However, with the diminishing of gender gaps in the majority of developed countries, the importance and focus on explanations from the first category, especially human capital-based ones, has lessened. Nonetheless, pay gaps persist and are pervasive. More recent work has looked to gender differences in preferences and psychological attributes, and how these impact on productivity, choices and beliefs (see for reviews Croson and Gneezy, 2009; Bertrand, 2011; Azmat and Petrongolo, 2014). The role of firms, in particular where men and women work, cuts across across these sets of explanations. Early work found that women in the US were more likely to work for lower wage firms than men, and vice versa regarding higher wage firms (Blau, 1977; Groshen, 1991; Bayard et al., 2003). More recent studies have found that low wage growth within an establishment for women plays a bigger role in the US gender pay gap than how women are (not) sorted into higher wage firms (Goldin et al., 2017; Barth et al., 2017). More widely and in several countries, studies have begun to document the importance of which firms men and women work for in accounting for the level and trends of the gender pay gap (e.g. US: Sorkin, 2017; Portugal: Card et al., 2016, Cardoso et al., 2016; Germany: Bruns, 2018; France: Coudin et al., 2018; Denmark: Gallen et al., 2017; UK: Jewell et al., 2018).
Even as it becomes clearer that firms have an important role to playing in closing the gender pay gap throughout the earnings distribution, there is a significant evidence gap in understanding what particular firm-based policies and management practices work for both the individual firm and gender equality. Filling this evidence gap will allow advice to be given on effective future policy making in this area.
This project will involve working with secure access sources of UK data. Due to the nature of the datasets and access requirements, distance learning is not possible. The PhD student would benefit from working as a team n this project with at least 2 established academics in the Department of Economics at the University of Reading, one of whom would be the PhD supervisor. They can expect to co-author research outputs (publications) with these academics, which would contribute to some part to their PhD thesis. In addition, they would develop their own independent research agenda, advised by their supervision team and building on what they learn from collaboration with on the project. This would contribute to the remainder of their PhD thesis.
Pre-requisites: Ideally the PhD student would have experience of handling large datasets, statistical software such as SAS, SPSS, Stata or R, and have studied MSc level topics in microeconometrics and labour economics.
Funding note: Applicants should be able to self-fund. Once an offer is made, some bespoke support may be given with regards applying for external sources of funding to cover some costs.
Functional Data Analysis in Finance
Supervisor: dr shixuan wang.
About the project: In Functional data analysis (FDA), the variable of interest can be naturally viewed as a smooth curve or function, rather than scalars in univariate analysis or vectors in multivariate analysis. The field has witnessed rapid development over the last two decades. While the central ideas and methods of FDA has achieved a certain mature level, its applications in various subjects is still in an accelerating speed.
Among them, finance is one of fields that are largely benefited from the widely use of tools from FDA. In finance, some of the prominent examples that can be naturally viewed as curves include: intraday price curves (Kokoszka et al, 2015), term structure of interest rates (Barsley, 2017), forward curves of commodity futures (Horváth et al, 2019), and price signatures (Oomen, 2019).
The nature of this PhD project is employing newly developed tools in FDA to produce new insights for financial study, which cannot be revealed from the conventional methods. Thus, your first and second chapters will mainly be applied work. It is likely that you may find some limitations in the current toolkit of FDA for some specific finance problems. Then, the third chapter can develop a new method in FDA, devoting to expand the applicability of FDA in finance.
References: Bardsley, P., Horváth, L., Kokoszka, P., & Young, G. (2017). Change point tests in functional factor models with application to yield curves. The Econometrics Journal, 20(1), 86-117. Horváth, L., & Kokoszka, P. (2012). Inference for functional data with applications (Vol. 200). Springer Science & Business Media. Horváth, L., Liu, Z., Rice, G., & Wang, S. (2019). A functional time series analysis of forward curves derived from commodity futures. International Journal of Forecasting. Kokoszka, P., Miao, H., & Zhang, X. (2015). Functional dynamic factor model for Intraday price curves. Journal of Financial Econometrics, 13(2), 456-477. Kokoszka, P., & Reimherr, M. (2017). Introduction to functional data analysis. CRC Press. Oomen, R. (2019). Price signatures. Quantitative Finance, 19(5), 733-761. Ramsay, J. O., & Silverman, B. W. (2005). Functional data analysis. Springer.
Pre-requisites: a solid background from mathematics or statistics with knowledge in finance; proficiency in using Matlab, R, and Python; a good understanding of major textbooks in FDA, including Ramsay and Silverman (2005), Horváth and Kokoszka (2012), Kokoszka and Reimherr (2017).
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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
Online PhD in economics programs are typically presented in 100% online formats, allowing students to complete all coursework and program requirements via distance learning. This includes lectures, readings, assignments, and tests, as well as access to support services such as academic, career, and personal counseling.
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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.
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Additional prerequisites include submission of GRE scores and 2-3 letters of recommendation from past instructors or supervisors. Most Doctor of Philosophy (Ph.D.) in Economics programs are campus-based and require 4-7 years of study. You'll take courses throughout your first two years; you may need to complete both a written and an oral exam ...
The Indira Gandhi National Open University (IGNOU), established by an Act of Parliament in 1985, has continuously striven to build an inclusive knowledge society through inclusive education. IGNOU - School of Social Sciences (SOSS) - Programmes - Distance - Doctor of Philosophy in Economics (PHDEC)
Year of entry: 2024. Streams : The 1+3 stream consists one year of PhD level teaching followed by 3 years of research. The 1+1+3 stream consists of one year of MSc teaching followed by the 1+3 stream. High level of performance: Achieving an average of 65% in coursework with no unit marks below 55% for both UG and PG degrees as well as 65% mark ...
Doctor of Economics (PhD) | Get career-ready with AIU's flexible degree programs online & on-campus! Doctor of Economics (PhD) | Get career-ready with AIU's flexible degree programs online & on-campus! ... Distance Learning at AIU is enhanced by vast academic resources and innovative technologies build into the Virtual Campus: Hundreds of self ...
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University of Bradford. Study a PhD at the University of Bradford and contribute new and significant knowledge to the field of business and management. Read more. Self-Funded PhD Students Only PhD Research Programme. 1. Find a PhD is a comprehensive guide to PhD studentships and postgraduate research degrees.
All second-year students are required take at least two of these Economics offerings each semester of their second year. Most of them take three Economics classes, however some may elect to take Ph.D. courses outside of the Economics Department, subject to prior approval by the Director of Graduate Studies.
University of York. (4.2) The PhD programmes in Environmental Economics and Environmental Management offer interdisciplinary research across economic and ecological Read more... 4 years Distance without attendance degree: £4,786 per year (UK) 8 years Distance without attendance degree: £2,393 per year (UK) 3 years Full time degree: £4,786 ...
The Department of Economics welcomes applications from PhD students from other universities who wish to spend a visit period of one month to one year at Reading. ... distance learning is not possible. The PhD student would benefit from working as a team n this project with at least 2 established academics in the Department of Economics at the ...
A: The M.S. in finance is 30-credit degree with courses offered also to MBA and economics graduate students. The MBA finance courses are mostly managerial and institutional in nature, while the courses open to economics students are research-oriented and have a graduate course in econometrics as a prerequisite.