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Program rankings
The following organizations rank graduate economics programs using various approaches:
US News and World Report 2023 Best Economics Schools
US News and World Report Ranking of the Best Global Universities for Economics and Business
RePEc Ranking of Institutions
Tilburg University Top 100 Worldwide Economics Schools Research Rankings
National Academies of Sciences, Engineering, and Medicine 2011 Ranking
Academic research evaluating economics programs
Amir, Rabah and Malgorzata Knauff. 2008. " Ranking Economics Departments Worldwide on the Basis of PhD Placement ." Review of Economics and Statistics , 90 (1), pp. 185-90.
Grijalva, Therese C. and Clifford Nowell. 2008. " A Guide to Graduate Study in Economics: Ranking Economics Departments by Fields of Expertise ." Southern Economic Journal , 74 (4), pp. 971-96.
Kalaitzidakis, Pantelis, Theofanis P. Mamuneas, and Thanasis Stengos. 2011. " An Updated Ranking of Academic Journals in Economics ." The Canadian Journal of Economics , 44(4):1525-1538.
McPherson, Michael A. 2012. " Ranking US Economics Programs by Faculty and Graduate Publications: An Update Using 1994-2009 Data ." Southern Economic Journal , 79 (1): 71-89.
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20 Best Doctor of Economics Graduate Schools
Reviewed by David Krug David Krug is a seasoned expert with 20 years in educational technology (EdTech). His career spans the pivotal years of technology integration in education, where he has played a key role in advancing student-centric learning solutions. David's expertise lies in marrying technological innovation with pedagogical effectiveness, making him a valuable asset in transforming educational experiences. As an advisor for enrollment startups, David provides strategic guidance, helping these companies navigate the complexities of the education sector. His insights are crucial in developing impactful and sustainable enrollment strategies.
Updated: June 13, 2024 , Reading time: 37 minutes
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Data Points:
A PhD in Economics takes five to six years * to earn. Students spend two years completing their coursework, and conduct research and dissertation in the remaining years.
The federal government (27%) is the largest employer ** of economists. About 20% of them are hired by management, scientific, and technical consulting services. Scientific research and development services employ 11% of economists. Some 17% of them also work in state and local governments.
In 2022, there were 33,345 economists *** in the US. Of these, 34.8% are women and 65.2% are men.
The Doctor of Economics (Doctor of Economics, Ph.D.) is an advanced, terminal degree representing the highest level of academic achievement in economics. It can open doors to research, teaching, and consulting opportunities in the field of economics and beyond.
A doctorate program in Economics usually takes about 5 to 6 years to complete. The first two or three years are spent fulfilling coursework requirements. The first year of study is usually dedicated to completing the trifecta of economics basics: macroeconomics, microeconomics and econometrics.
The second doctorate year is dedicated to completing the coursework requirements of the chosen field major(s) and or the electives. The chosen majors are usually indicators of the student’s research direction or field of interest.
If the electives are separate from the majors in the curriculum – and these usually are – they serve the purpose of augmenting the student’s learning and background in preparation for further research and the dissertation requirement.
Quick audio summary:
The third year of study usually finds students either completing the electives and major courses or writing and defending a third-year paper, which helps students prepare for the dissertation proposal.
The dissertation proposal presentation usually takes place in the fourth year, while the fifth and sixth years (and sometimes, the seventh year) are spent executing the approved research plan and writing the final paper to the dissertation committee.
When the dissertation has been accepted, the title of Doctorate in Economics is conferred.
Exams are also important milestones within the program. Usually, one or two preliminary exams are administered between the second and third years.
These preliminary exams test a student’s comprehension of macroeconomics and the courses taken as part of the field majors and elective requirements. The oral exam, usually administered between the third and fourth years, represents the dissertation proposal defense.
METHODOLOGY
For each school, the research areas or fields with the greatest faculty involvement are mentioned as a guide for students to help them decide on their research direction and prospective thesis adviser. Certain schools are known to specialize in some areas, or some areas will have a high faculty research involvement and, thus, denotes a strong research area for that school’s economics department.
Published works in peer-reviewed journals,
The number of research areas available in a school’s economics department, also the number of inter-disciplinary research areas available, signifies that the department embraces the integration and application of economics with other relevant disciplines, thus providing a more holistic, interconnected, timely and modern understanding of economics as it relates with relevant disciplines like finance, politics, policy, sociology, sustainability, health, business, information systems, entertainment (games, auctions) and even neuroscience (as it relates to the physiology of decision-making),
Side note: this is why Caltech tops this list, while it is not a prominent name in traditional and semi-contemporary economics research, it does groundbreaking work in integrating economics with the abovementioned fields, especially with neuroscience, which should open the doors for more collaborative studies in these particular fields
The number of research centers or institutes a school’s economics department has or with which it is affiliated,
The number of fellows or researchers or associates in professional societies and national agencies like the National Academy of Sciences, or the National Bureau of Economics Research, the American Economic Association and other societies; the number of Nobel laureates for Economics are also factored in the ranking,
R&D expenditures , whether privately or federally financed, also denotes research activity and thus, research contribution,
The school’s prominence in various academic ranking reports is also a factor (averaged) in the rankings.
Since many schools are tied based on the methodology itemized above, many schools are clustered together and share the same ranking (numbers 2, 3, and 5). For those that are clustered in one ranking, they are listed alphabetically.
THE 20 BEST DOCTOR OF ECONOMICS GRADUATE SCHOOLS
California institute of technology (caltech) division of the humanities and social sciences.
Pasadena CA
Ph.D. in Social Sciences (focus on Economics)
Caltech’s Division of Humanities and Social Sciences (HSS) is home to the field of experimental economics, thanks to its alumnus Vernon Smith of class 1949, who pioneered the use of human test subjects to investigate the interaction between markets and economic and financial institutions. In 2002, he was awarded the Nobel Prize in Economics for this groundbreaking research method today.
Caltech offers a Ph.D. program in Social Sciences that takes a modern and collaborative approach to economics by enveloping it in an all-encompassing program covering economics, political economy, history, political science, psychology, law, policy and even anthropology.
The program also employs an innovative approach to economic research through laboratory experiments and neuro-imaging technology.
Applicants and incoming Ph.D. students should demonstrate a solid background in calculus (four semesters), linear algebra, mathematical statistics and real analysis.
Applied Microeconomics
Business, Economics and Management
Economics and Computer Science
Economic History
Economic Theory
Political Economy
Social and Decision Neuroscience
Statistical Methodology
Faculty involvement in these research areas is highest with the first two fields mentioned.
Standout Features of the Program:
The faculty in charge of the Ph.D. SS program is comprised of nearly 40 professors and researchers hailing from various disciplines – from economics, finance, social science, computational sciences (math and statistics), political science to neuroscience. The majority of the faculty are specialists in economics, with about a fifth of the faculty being specialists in neuroscience.
The basic operator of economics is decision-making, and Caltech’s HSS Division recognizes that. In line with its tradition of innovation and breaking ground, HSS offers an alternative to the Social Science Ph.D. program, the Ph.D. program in Social and Decision Neuroscience. Students under this program will learn how to devise neurocomputational models and integrate mathematics, statistics, neuroscience, and information science to get to the bottom of human decision-making abilities – the triggers, the stimulants, and the nuances.
Harvard University Department of Economics
Cambridge, MA
Ph.D. in Economics
Since its establishment in 1897, Harvard’s Department of Economics has been consistently regarded as one of, if not the most selective Economics Ph.D. program in the U.S. today.
It offers courses and programs at every level, taught by nearly 60 faculty members who are renowned industry economists and or researchers.
Applicants must possess an above-undergraduate level of understanding of economics. They are also required to have research experience, whether at the helm or as a research assistant.
Mathematics courses are also required, with the minimum being linear algebra and calculus, but the more mathematics courses are taken at the undergraduate and master’s levels, the better. A background in probability, statistics and computer programming may also be advantageous.
Additionally, a major requirement for admission is a 15-page writing sample.
Second-year students are expected to elect two concentrations or emphases and enroll in courses related to these.
Third-year students are required to apply for teaching fellowships.
The department faculty does research in a wide array of fields in economics, such as labor economics, public economics, macroeconomics, and behavioral economics, among others. These are also the four research areas with the highest activity based on faculty involvement.
The department is involved in four research initiatives that study how human behavior , big data , public policy , and microeconomics impact the discipline of economics as a whole and vice-versa. The department’s esteemed academe leads these initiatives, with one of the four centers, the German Administrative Data Project , representing an investigative collaboration between Harvard Economics and the German Federal Employment Agency.
Princeton University Economics Department
Princeton, NJ
Princeton Economics has always been at the forefront of economic research and innovation. Two of its faculty members are Nobel laureates, and the department consistently publishes research in various esteemed publications such as the Journal of Economic Dynamics and Control and the American Economic Review , to name a few.
The graduate program in Economics is one of the most highly selective, as it only accepts a maximum of 25 students per year.
Students are expected to receive financial support throughout their freshman year through fellowships. The fellowship funding may also be extended during the summer term to help fund their research activities.
The program is a straightforward doctorate program with no option for a master’s degree.
Students can choose from any of the 28 research areas , which, aside from the traditional research areas, also include contemporary subfields like health economics, environmental and energy economics, political economy of China, structural microeconomics and, urban and spatial economics.
Princeton Economics consists of 80 faculty members actively researching various economic fields, as mentioned above. Many of the department’s research concentrates on financial economics, political economy, economic theory, and labor economics.
Princeton Economics is affiliated with 16 research centers that touch on the various facets of economics, such as macroeconomics, international economics , and public policy. Under public policy alone, there are three research centers: Princeton Program in Public Finance , Julis-Rabinowitz Center for Public Policy & Finance , and the Griswold Center for Economic Policy Studies .
University of California Berkeley Department of Economics
Berkeley, CA
Berkeley Economics is a pioneering force in diversity and equality. Soon after its establishment in 1903, the department was home to Berkeley’s first female full-time professor, Dr. Jessica Peixotto. Female faculty members would then flock to Berkeley Economics in waves – first, before WWI, and second in the early ’70s.
The Ph.D. program in Economics usually takes six years to complete, with the first three devoted to coursework and electing preferred research fields in preparation for doctoral candidacy, while the last three years are devoted to completing the dissertation.
First-year students are required to take courses in the following areas: macroeconomics, microeconomics, mathematics for economics, econometrics, theory, history and research in economics.
Second-year students are expected to undergo examinations for their chosen fields. They can choose two from the 23 areas offered by the department, which also include alternative fields like Urban and Regional Economics, Health Economics, City and Regional Planning, Education and Economics, and Resource Economics.
Third-year students are expected to complete the required semester-long Departmental Seminars (any available seminar for the current term). Only then will they be allowed to undergo the doctoral qualifying exams, mostly composed of the dissertation proposal.
Standout Features of the Program:
Students can engage in any of the 18 research fields available within the department, including traditional fields like theory and econometrics, alongside contemporary fields like monetary theory and behavioral economics.
Research fields with the highest faculty involvement, ergo, research activity, are the fields of finance, international economics, labor economics, macroeconomics, and public economics.
Berkeley Economics is affiliated with 14 research centers , which include the Opportunity Lab for policy research, the Econometrics Laboratory (EML) , and the Center for Effective Global Action , to name a few, which provides researchers an avenue for the practical application of economic research.
University of Michigan Department of Economics
Ann Arbor, MI
Michigan’s Department of Economics comprises nearly 70 professor-researchers involved in the various fields of economics. The department does research in 14 areas , including traditional areas like labor economics and industrial organization (which are the fields with the greatest faculty involvement) and contemporary areas like health economics and environmental and resource economics.
The Ph.D. program in Economics, while taught and offered by the Department of Economics, is administered by UM’s Rackham Graduate School. All applications will be screened centrally, which, for AY 2020, will not include or require GRE results.
The program also offers the option of double doctorates through its joint program offerings . Econ Ph.D. students can also choose to pursue a second Ph.D. in Business, Public Policy, or a field of their choosing through the Individually Interdependent Degree Program (IIDP) , also known as the Student Initiated Degree Program (SIDP).
While first-year students are required to complete the traditional introductory courses (macro, micro, econometrics and math), second and third-year students are expected to complete courses in the various fields of economics, from advanced methods to monetary economics, labor economics, industrial organization, international economics, to public finance, among others.
The Michigan Institute for Teaching and Research Education (MITRE) is a research hub out of UM Economics that houses faculty and student investigative work in various economic fields. It is also a teaching initiative that provides aspiring Econ instructors with valuable training and project collaborations. It also provides funding for research, such as the William Haber Fellowship .
UM, Economics has an impressive track record in job placement year after year. For AY 2019-2020, many of its graduates are now tenure-track faculty members in renowned universities such as Harvard, Stockholm University, and Tsinghua University, while some secured roles in public financial institutions like the Treasury Department, the Congressional Budget Office, the World Bank, and the International Monetary Fund, to name a few.
University of Pennsylvania School of Arts and Sciences
Philadelphia, PA
Penn Economics is hailed as among the country and the world’s top schools for economics. Its prominence is mostly attributed to the three major economic research centers it houses or is affiliated with: the Penn Institute for Economic Research (PIER) , the Philadelphia Federal Statistical Research Data Center (PFSRDC) , and the Penn Initiative for the Study of Markets (PISM) .
Additionally, it is also the home of one of the world’s esteemed publications in economics, the International Economic Review (IER).
The Doctorate in Economics program is a straightforward graduate program with no option for a master’s degree. Also, only full-time enrollments are accepted into the program.
First-year students must complete courses and the corresponding preliminary exams in econometrics, macroeconomics and microeconomics.
Second-year students are required to complete the Empirical Economics requirement , a set of courses that circle the application of economic theories and instruments on various actual economic institutions.
Third-year students are expected to complete workshop courses, while fourth-year students must complete their dissertation proposals before the spring term concludes.
While the Penn Economics faculty does research mainly in four areas of economics – econometrics, macroeconomics, empirical microeconomics, and microeconomic theory, what makes the department and, by extension, the program, stand out is the faculty’s extensive involvement in published work, whether through books , papers , and publications in peer-reviewed journals .
The International Economic Review (IER) is a product of Penn Economics and Osaka University published every quarter since 1960. It is a highly regarded, world-leading peer-reviewed journal in economics.
Massachusetts Institute of Technology Department of Economics
Ph.D. in Economics
MIT Economics has been at the forefront of civil service and research since the late 1800s, with the involvement of then Brigadier General and MIT President Francis Amasa Walker in the U.S. Census.
Amasa also established the American Economic Association and became its first president. Right around WWII, the department would then offer master’s and doctorate degrees in economics.
The Ph.D. in Economics program exposes students to rigorous research work as early as the first year of study.
First and second-year students are required to complete the following core courses: Micro Theory, Macro Theory, Econometrics, and Statistical Method in Economics & Applied Econometrics, as well as a course on Advanced Research and Communication.
Second-year students submit a research paper to fulfill the requirements for the Econometrics course.
Students are also required to elect four concentrations or special fields – two majors and two minors – from which they need to complete the prescribed coursework.
Students can select from any of the ten concentrations for their major and minor declarations. The fields also denote the research areas under which the department faculty are involved, with the areas of theory, macroeconomics, and international economics with the highest research activity.
MIT Economics is home to five research centers . Among these include the MIT-Central Banks collaboration World Economy Laboratory and the Center for Energy and Environmental Policy Research , which is the brainchild of three MIT schools and centers – Economics, the Energy Initiative, and the Sloan School.
Yale University Department of Economics
New Haven CT
Yale University’s Department of Economics is composed of more than 50 faculty members who are experts in 14 areas of economics. Among the department’s strongest and most active areas in terms of research are Industrial Organization, Microeconomics, Macroeconomics, and Public Economics.
The Ph.D. in Economics program must be completed within six years of registration. Students must reside in New Haven for a minimum of three years during enrollment.
Students must complete a minimum of six graduate courses in economics to be admitted into the second year of graduate studies.
All Yale graduate students are required to meet the “Two Honors” requirement. For Econ doctorate students, this means completing two economics graduate courses with a minimum grade of H-, which should be completed by the end of the second year.
The student’s third year should also complete the qualifying exam for doctoral candidacy. Students are given two attempts to take their first attempt as early as their second year.
Students can choose to do research in any of the department’s 13 research areas , including foundational fields in economics such as macroeconomics, microeconomics, econometrics, economic history, and financial economics.
With a faculty comprised of 50 professors (both tenured and non-tenured) and an average Ph.D. enrollee count of 125, Yale Economics provides an optimum faculty/student ratio of one professor to two or three students. This optimum ratio is considered one of the best among all the economic schools in the U.S.
Brown University Department of Economics
Providence RI
Brown University’s Department of Economics is home to the Orlando Bravo Center for Economic Research , which is the university’s research hub for all things economics.
Brown Economics is also home to the editors of many of the discipline’s respected peer-reviewed journals like the American Economic Journal and the Journal of Economic Growth .
Brown University’s doctorate in Economics boasts strong research and training in economic analysis and theory.
First-year students must complete the following courses: Econometrics, Macroeconomics, Microeconomics, Mathematics, and Applied Economics Analysis.
Students are also required to attend seminars or colloquia , and they can choose from topics like macroeconomics, applied microeconomics, econometrics and economic theory.
Students can choose to research any of the five research areas the faculty are involved in. Finance, macroeconomics, applied microeconomics, econometrics, and experimental and economic theory.
The Department of Economics is helmed by 30 esteemed faculty members , societal fellows, research grant recipients, and editors of academic literature (book and journals). Students will have no shortage in the choice of a thesis adviser. As for funding, students can consider applying for in-house funding through the Bravo Center Research Grant .
Students looking to do integrative research in population, policy development, and economics can engage with the university’s Population Studies and Training Center . Aside from demographics and social mobility, the center also tackles community-level issues like reproductive health and other national and global issues like health economics, urban economics, environmental economics, and diversity and inequality.
New York University Department of Economics
New York, NY
NYU Economics is a research powerhouse that not only boasts of Nobel laureates in Economics and National Academy of Science fellows.
It is also home to various research institutes such as the Development Research Institute (DRI) and the Center for R e search in Applied and Theoretical Economics (CRATE) , which aim to deepen and expand the tenets of economics, and the Institute for the Study of Decision Making (ISDM, or the Center for Neuroeconomics), which is an interdisciplinary research institute combining economics, neuroscience, psychology, medicine, and information systems.
NYU Economics only accepts full-time enrollment for its Ph.D. program. Enrolled students must complete a minimum of 72 credits, with at least 64 credits earned while in campus residence.
Minimum coursework requirements for first-year students include all two levels of Econometrics, Macroeconomics and Microeconomics, a course on Mathematics for Economists, and two advanced courses or seminars.
Second-year students must elect two concentrations for the field requirement and complete the appropriate coursework under these. There are two qualifying exams with topics on microeconomics and macroeconomics before the third year of study.
Third-year students must submit research papers in preparation for the dissertation proposal oral exam or the doctoral candidacy exam.
Students can choose to research 13 areas of economics , which includes strong research activities in macroeconomics and microeconomics. Other budding research areas include asset pricing, corporate finance, monetary economics, and experimental and behavioral economics.
NYU Economics is home to the C.V. Starr Center for Applied Economics , the department’s research hub tackling the most concerning and highly impactive socioeconomic issues today, both on national and global levels. The Department is also involved in collaborative research through NYU’s Center for Experimental Social Science (CESS), which, aside from Economics, enjoins the bright minds from the departments of Psychology, Neuroscience, Political Science, and Social Science.
Northwestern University Department of Economics
Evanston, IL
The Northwestern Economics Department comprises 60 faculty members close to other Northwestern schools like the Kellogg School of Management (KSM). These professors are involved in eight research areas, but the department is acclaimed for its strong macroeconomics research, which laid the ground for the Dynamic Stochastic General Equilibrium (DSGE) models for fiscal policy and labor analysis.
Northwestern offers a straightforward Ph.D. degree in Economics. However, a terminal master’s degree is not offered as a program but can be conferred to Ph.D. students who have completed their first year of studies.
The program is highly selective, with only an average of 25 students admitted yearly. The result is an average of 120 Ph.D. students in residence every year.
First-year students must complete the following core courses: all three levels of Microeconomics, Macroeconomics, Econometrics, and Mathematical Methods for Economic Theory.
Students who need additional training in advanced mathematics for economics may request permission from the department to take additional math courses such as Real Analysis.
Students can choose to research any of the nine areas of economics available in the department. Many of these fields involve collaborative research with the Kellogg School of Management. These fields include Macroeconomics, Health Economics, Development Economics, Financial Economics, and Labor and Public Economics.
The Economics Department and KSM have also collaborated to offer the joint Ph.D. in Financial Economics program. Students under this program are expected to integrate their robust training in economics with finance courses like Asset Pricing and Corporate Finance.
Students can take advantage of the eight economic research centers housed by the Economics Department. It has research institutes in traditional economic areas like econometrics , theory , history , and macroeconomics and contemporary economic areas like poverty research and data science for economics .
Stanford University Department of Economics
Stanford, CA
Stanford Economics has always been regarded as a research powerhouse since its establishment in the ’60s, particularly in Economic Theory.
But as years went by, the department’s research footprint has expanded to now include more than 20 areas, with the fields of Applied Microeconomics, Financial Economics, Labor Economics, and Macroeconomics as some of its strongest and most active research areas based on faculty involvement.
First-year Ph.D. students must complete the core courses comprising microeconomics, macroeconomics, and econometrics.
They must also elect two areas as their majors. Each area will have its own set of requirements . Students can choose from any of the 14 research areas available, including Behavioral and Experimental Economics, Environmental, Resource and Energy Economics, Market Design, and International Trade and Finance, among others.
Students must also take four courses from the two other areas not selected as major fields. One of the courses must stem from the field of Economic History.
A one-quarter-long teaching experience is required. Students are also required to render a 135-unit residency. They are also required to attend workshops or field seminars in the field(s).
Students can choose to research any of the 21 fields of interest available in the department. The list includes Applied Microeconomics, Decision Theory, Economics of Technology, and Game Theory.
The Stanford Institute for Theoretical Economics (SITE) is a yearly conference held every summer that brings together all of Stanford Economics – faculty, students, researchers – and other experts and collaborators in the field. The conference features workshops and seminars that encourage discussions, project collaborations within economics, related disciplines, academic and professional networking, and further research. SITE enjoys generous funding from the NSF and other Stanford departments.
Columbia University Department of Economics
Columbia Economics is home to many Nobel laureates, including Milton Friedman, best known for his monetary theory and stabilization policy studies, and William Vickrey. He pioneered the Game Theory in understanding how sealed-bid auctions work ( Vickrey auctions) .
The Ph.D. program in Economics requires the completion of courses in econometrics, microeconomics, macroeconomics, mathematical methods, and perspectives in economic theory during the first year of study.
Research begins during the second year, with students presenting their research papers in a colloquium. They must also elect two concentrations and complete the appropriate coursework.
The dissertation proposal should be presented during the fourth year of study. To help them prepare, students must submit another research paper the year prior (year 3).
Students can choose to do research in any of the traditional fields of economics, such as macroeconomics and microeconomics, or choose a more contemporary field such as urban economics, public finance, labor economics, or industrial organization.
While Columbia Economics offers several areas of interest under which students can do research, three of the program’s strongest research areas are in the field of empirical economics, applied economics, and theoretical economics.
The Department of Economics partakes in the university’s Bridge to Ph.D. program , which accepts applicants annually. This is a good stepping stone – both academically and financially – for post-baccalaureates who are aspiring to apply to grad school. Successful applicants will land roles as full-time RAs with an annual salary of $51K (based on AY 2020-2021).
They are expected to enroll in a few economics electives like mathematics, real analysis, statistics, or introductory economics (macro, micro, econometrics) while rendering RA work in preparation for their application and subsequent admission to graduate school.
University of California Los Angeles Department of Economics
Los Angeles, CA
UCLA Economics has produced acclaimed graduates trained by equally acclaimed faculty and researchers. It is also home to important macroeconomics , economic history , industrial organization , and population research.
Before starting the doctoral program, students must participate in the two-week Math Camp, which equips them with mathematical foundations for economics (Econ 200) and navigating the statistical software MatLab.
Otherwise, incoming Ph.D. students confident in their advanced math skills may opt to tackle the online modules via the Essential Microeconomics website in preparation for doctoral work. To help students complete the modules, students can go through the Calculus of Economics modules as needed.
Second-year students must elect three of the ten field concentrations offered by the department. They can also take related non-Econ courses (not offered by the Department) such as finance, marketing, political science, public policy, mathematics, statistics and electrical engineering.
Students looking at teaching assistantships as a source for funding can browse the UCLA Economics Teaching Resources page for tutorials on using LMS tools, a class archive for course syllabi, or resources on teaching techniques.
UCLA Economics is home to esteemed alumni, researchers, and Nobel laureates in Economics, which includes Dr. William Sharpe, an alumnus of the department’s graduate school who pioneered the Capital Asset Pricing Model and several investment performance analytical tools, such as the Sharpe Ratio, the returns-based style analysis, the binomial method, and the gradient method for asset appropriation.
University of California San Diego Department of Economics
La Jolla, CA
UCSD Economics prides itself with its strong training and research in the fields of microeconomic theory, econometrics, applied microeconomics, and macroeconomics, as well as its formidable and productive collaborations with UCSD’s Public Policy , Management , and Political Science schools.
The maintenance of full-time status, equating to 12 units, to be continually eligible for funding,
Two-year in-campus residency,
The maintenance of a 3.0 GPA.
Students must complete the course on Computation (Econ 280) and the empirical project , which is required by the Econometrics course.
They also need to take seven electives, which must be completed before the end of Year 3. There are close to 30 elective courses from which students may choose.
Students must choose two concentrations and complete the prescribed number of required courses. There are 12 field concentrations from which students can choose, including the traditional fields and contemporary ones like Behavioral/Experimental economics and Environmental & Natural Resource Economics.
Students can choose to research any of the 14 research areas being tackled by the department. Some of the highly active research fields are Development Economics, Econometrics, Finance, Labor Economics, Macroeconomics, Microeconomic Theory, Political Economics, and Public Economics.
The department houses the Center for Environmental Economics and the San Diego Education Research Alliance (SanDERA) . Both research centers integrate economics with other relevant disciplines to help influence policy reforms, opportunities, and initiatives.
The University of Chicago The Kenneth C. Griffin Department of Economics
Chicago, Illinois
Chicago’s Department of Economics, which was renamed The Kenneth C. Griffin Department of Economics in 2017 after the generous donation of the eponymous foundation, is the birthplace of many tenets and facets of economics, such as behavioral economics, political economy, and financial economy. It is also the birthplace of The Journal of Political Economy.
Chicago Economics usually offers admission to about 55 applicants, with only about half enrolling into the program, thus, ensuring an optimal professor-to-student ratio.
The department only offers a Ph.D. graduate program in Economics. A terminal MA degree is not offered.
Students can choose to do research in Applied Microeconomics, Econometrics, Macroeconomics and Economic Theory. Research in Applied Microeconomics has the highest faculty involvement.
Students can opt to pursue a joint Ph.D. degree in Financial Economics , as offered by the Booth School of Business, along with the Economics Department. Applicants can lodge their applications through the Economics Department or the Booth School.
Chicago Economics is affiliated with several research centers , including the Center for the Economics of Human Development (CEHD) , the Energy Policy Institute , and the Becker Friedman Institute for Research Economics . The Becker Friedman Institute is a joint effort of the Economics Department, Chicago Law School, Booth School of Business, and Harris School of Public Policy.
The Economics Department is home to the Griffin Applied Economics Incubator , a research and policy hub where economic studies and statistics drive change through policy formulation and or reform. Every year, the incubator tackles a global or national socioeconomic issue that allows academics to collaborate across disciplines.
University of Minnesota Department of Economics
Minneapolis, MN
UMN’s Department of Economics boasts having Nobel laureates among its Ph.D. alumni. From the class of ’64, Daniel McFadden, who authored the paper on the Development of the Theory and Methods for Analyzing Discrete Choice , was awarded the Nobel in 2000. From the class of ’78, Lars Peter Hansen, who pioneered the Generalized Method of Moments, was awarded the Nobel in 2013.
Incoming Ph.D. students must be equipped with a strong background in computational courses, such as linear algebra, multivariate calculus, and econometrics.
Students are also required to complete all four levels of Microeconomics and Macroeconomics courses.
Eight credits of electives are required. Students can choose from this catalog , which includes courses in computer science, finance, mathematics, psychology and statistics.
The dissertation is worth 24 credit units. Students can choose to research the 13 areas of interest available within the department. These include traditional macroeconomic and microeconomic theory fields and contemporary applied fields like game theory, monetary economics, and mathematical economics.
UMN Economics is home to the Heller-Hurwicz Economics Institute , which specializes in economic theory research, the Minnesota Economics Big Data Institute (MEBDI) , which specializes in the use of data science in applied economic research; and the Economics Research Library (ERL) , which is a repository for all published sources on economics, both in-house and from external sources like federal agencies.
Two of UMN Economics’ younger graduates have also brought pride to the department and the university. Connan Snider and Thomas Youle of classes 2010 and 2014, respectively, uncovered initial and damning evidence of collusion among bankers as early as 2008, resulting in the LIBOR (London Interbank Offered Rate) Rigging Scandal , considered by many economists as the biggest global financial scandal in the world.
Cornell University Department of Economics
Ithaca, New York
Cornell Economics is a collaboration between the department itself and other Cornell schools such as the Johnson School of Management , Cornell Law , the Department of Policy Analysis and Management , Cornell Hotel School , the Dyson School of Applied Economics & Management , and the Division of Nutritional Sciences .
The result is an Economics Department that boasts of strong research in the tenets of economics and the contemporary and integrative applications of economics in other fields, such as finance, law, policy, business, hospitality, and health economics.
Incoming Ph.D. students must demonstrate a solid background in calculus, linear algebra, real analysis and advanced mathematics. A minimum of four semesters is the bare minimum. To stand a greater chance for funding, students are strongly advised to cultivate a more extensive mathematics background with exposure to differential equations, probability, statistics, topology, stochastic equations, and complex analysis.
In the case of inadequate mathematics courses exposure, students can enroll in the three-week mathematics review course before the fall term.
As for undergraduate economics background, the bare minimum is microeconomics and intermediate-level economic theory. A major in economics for post-baccalaureates is not required in the doctorate program.
Cornell Economics faculty comprises nearly 60 professors and researchers involved in 40 different areas of interest in economics. The extensive list of fields of study includes traditional areas of economics, as well as highly specific and contemporary fields such as Insurance, Contract Theory, Gender Economics, Family Economics, Inequality, Race and Discrimination Economics, Decision Theory, Big Data, Compensation, Law Economics, Economics of Crime, Networks, and Information Economics.
Cornell Economics is home to the renowned S.C. Tsiang Macroeconomics Workshop , named after the department’s eponymous alumnus and eventual professor emeritus, known for his contributions to macroeconomic theory and monetary economics.
University of California Davis Department of Economics
Nearly 20 of UC Davis Economics faculty (which is about half of the faculty) hold research associateship and research fellowship roles at the National Bureau of Economic Research (NBER) , which is the national authority on economic research and policy advisement.
First-year Ph.D. students must complete the courses on econometrics, macroeconomics and microeconomics.
Advanced economic theory
Public economics
Advanced macroeconomics
Economic development
Economic history
Econometrics
International economics
Industrial organization
Labor economics
The UC Davis Economics faculty comprises nearly 40 professors and researchers who specialize in 16 areas of economics, with the fields of International Economics and Macroeconomics as some of the faculty’s strongest research fields.
The department is affiliated with various research centers that deal with economic history , international economics , socioeconomic issues , and energy economics .
Students who choose to research in Regional and Urban Economics may engage with the Center for Poverty Research for insight, sources, and research funding.
The Department of Health & Human Services funds this federal institute that focuses on the issues of the marginalized sector and helps create policies and opportunities towards upward social mobility. Students may also reach out to Professor Giovanni Peri for consultation and advisement in this area.
The department hosts seminars for nine areas of interest in economics regularly. These are seminars on macroeconomics, international economics, behavioral economics and many other fields.
University of Wisconsin Madison Department of Economics
Madison, WI
The following major requirements define UW’s doctorate program in economics: completing the preliminary exams on Microeconomic and Macroeconomic Theory, a research paper on the chosen major field by Year 3, three signatures on the dissertation proposal signifying committee acceptance, and the acceptance of the dissertation defense.
First-year students must take the following courses during the fall term: microeconomics, macroeconomics, economic statistics and econometrics, and mathematical economics.
The second level of all previous courses must be taken (except for mathematical economics). Students can take an elective course to complete the four-course term during this term. This could be a course on statistics, economics, or mathematics.
Second-year students are required to elect major and minor fields. Aside from mathematics and statistics, students may also elect a minor field from another department for the minor fields.
Aside from the two-course requirement for the major fields, students must also attend the appropriate workshop for that field. These workshops are funded by the Juli Plant Grainger Institute (JPGI) for Economic Research.
The Juli Plant Grainger Institute (JPGI) for Economic Research is the department’s hub for economic researches, both student and faculty work. It also provides funding and hosts conferences and seminars or workshops specific to the seven areas of study in economics currently being tackled by the department.
The department faculty comprises nearly 60 professors and researchers, most of whom are involved in macroeconomics, labor economics, and public economics and finance.
FREQUENTLY ASKED QUESTIONS
What advantages does a doctor of economics have over the others.
In 2023, the BLS reported that the median pay of an economist with a master’s degree is more than $115K a year, with a projected job growth of 6% over the next ten years, which is considered above average by agency standards.
What more if the economist has a doctoral degree? Expect that median pay to increase, at the very least, by half or at best, maybe even by a hundred percent.
Professionals with a doctorate in economics can command that high salary because they demand across industries. From the academe to business enterprises, to research organizations (non-profit or government-funded), legislation and policy, to politics , data science , and information systems , financial markets and instruments, or consultative services, economists, and especially those with a Ph.D., can always carve a significant career in any industry and be probably set for life (holds for tenured professors).
Who can apply to the program?
All baccalaureate graduates (those with a bachelor’s degree) in any degree can apply to doctorate in economics (or similarly named) programs. While all graduates can freely lodge their applications, not everyone passes, as most econ doctoral programs are highly selective, with only an average acceptance rate of 25 students per year.
Those with a formidable background in undergraduate or graduate (master’s degree) in economics, mathematics, statistics, finance or any degree with a significant foundation in advanced mathematics stand a greater chance of being accepted.
If the applicant comes from a different degree background, say, the health sciences or political science, the applicant may still strongly qualify for admission provided that a strong mathematics background is demonstrated. Courses like linear algebra, real analysis, multivariate and differential calculus, and statistics are minimum pre-Ph.D. requirements.
Are GRE scores required? What are the other admission requirements?
Not for AY 2022, but best to check with the school’s admission office to be certain. The other admission requirements are the completed application form, a resume, letters of recommendation preferably from previous and current employers, a personal essay, all transcript of records, and proof of payment of the application fee.
Again, check with the school’s economics department or admissions office for other requirements that may be specific to the program.
How will earning a Doctorate in the field of Economics advance my career?
A Doctorate in Economics can open up a wide range of career opportunities in the fields of academia, business, government, research, and consulting.
With a Ph.D. in Economics, you could apply for positions such as economic analyst, professor, policy specialist, economic consultant, market researcher , and finance manager . You may also be able to qualify for more senior-level positions that would require your advanced and specialized knowledge.
As a doctoral-level economist, your skills would be highly sought-after, making you a valuable asset to any organization. With a Doctorate in Economics, you would have the opportunity to make an even greater and more lasting impact in the world of economics.
KEY TAKEAWAYS
Obtaining a Doctor of Economics degree can open up a wide range of career opportunities in the field of economics, from academia to government and private sector positions.
To ensure a successful and fulfilling academic journey, it is essential to choose the best graduate school for your doctoral studies. There are several key factors to consider when selecting a Doctor of Economics graduate school, including reputation, faculty, curriculum, and research opportunities.
First, the reputation of the graduate school is crucial.
Second, the faculty at the graduate school should be top-notch.
The curriculum of the graduate school’s economics program is another critical factor.
Research opportunities are also essential to consider, as they can greatly enhance your academic experience.
Additionally, consider the opportunities for collaboration and mentorship with faculty and other students.
It is crucial to consider the overall fit and environment of the graduate school.
In conclusion, obtaining a Doctor of Economics degree from a top graduate school requires careful consideration of factors such as reputation, faculty, curriculum, research opportunities, and overall fit. By thoroughly researching and comparing different institutions, you can find the best graduate school to support your academic and career aspirations in the field of economics.
Additional Resources:
Economics vs Financial Analysis: Career ROI
Best Online Doctor of Finance Degree Programs
Best Grad Schools with Online Doctorate in Entrepreneurship
Related Posts
We’re certain of one thing—your search for more information on picking the best graduate degree or school landed you here. Let our experts help guide your through the decision making process with thoughtful content written by experts.
2024 Best Economics Doctor's Degree Schools
Choosing a great economics school for your doctor's degree, overall quality is a must, average early-career salaries, other factors we consider, one size does not fit all, best schools for doctorate students to study economics in the united states, 18 top schools for a doctorate in economics, additional noteworthy schools.
Rank
College
Location
19
Notre Dame, IN
20
Los Angeles, CA
21
Charlottesville, VA
22
Madison, WI
23
Baltimore, MD
24
Champaign, IL
25
Los Angeles, CA
Economics by Region
Region
Other Rankings
Best associate degrees in economics, best master's degrees in economics, best value in economics, best for non-traditional students in economics, best online in economics, most popular online in economics, best bachelor's degrees in economics, best overall in economics, highest paid grads in economics, best for veterans in economics, most popular in economics, most focused in economics, economics related rankings by major, economics concentrations.
Major
Annual Graduates
900
307
19
12
10
Majors Similar to Economics
Related Major
Annual Graduates
654
577
469
249
108
73
24
14
9
6
Notes and References
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Rankings of Doctoral Programs in Economics
There are numerous rankings of Economics Ph.D. programs available.
U.S. News and World Report
According to the 2017 rankings released by U.S. News and World Report , Iowa State University's graduate program in Economics was ranked 28th among public universities and tied for 53rd overall. This ranking was two slots higher than the previous ranking.
National Research Council
One recent assessment resulted from a comprehensive survey of doctoral programs undertaken by the National Research Council (“ A Data-Based Assessment of Research-Doctorate Programs in the United States (2010) ”). The NRC’s program assessment methodology and results are somewhat complex, but one synthesis of their findings places our program within the top 30 Economics Ph.D. programs in the U.S .; and among the top 10 in public universities.
Research Papers in Economics (RePEc)
RePEc , sponsored by the Research Division of the Federal Reserve Bank of St. Louis, is a comprehensive database of research papers in economics. The information in the database is used to rank the research productivity of registered authors based on a variety of metrics. Authors’ rankings, in turn, are used to rank the institutions with which they are affiliated for academic departments of both economics and agricultural economics .
American Economic Association
Links to other rankings of graduate programs in economics are provided on the American Economic Association website .
Econphd.net
By field of specialization, a ranking by econphd.net places our department 4th in the “subdiscipline” of Resource and Agricultural Economics. This subdiscipline is further partitioned according to JEL descriptors into two parts: Resource and Environmental Economics, in which we rank 8th; and Agricultural Economics, in which we rank 1st overall.
Journal Articles Ranking Economics Programs
Based on faculty productivity, “ A Guide to Graduate Study in Economics: Ranking Economics Departments by Fields of Expertise, ” by T.C. Grijalva and C. Nowell, Southern Economic Journal, 2008: 74(4), pp. 971-96. According to this study, our program ranks 31st overall (15th among public universities) and 1st overall in the field of Agricultural and Natural Resource Economics.
A more recent ranking of economics programs, see " Ranking U.S. Economics Programs by Faculty and Graduate Publications: An Update Using 1994 - 2009 Data, " by M. A. McPherson, Southern Economic Journal, 2012: 79 (1), pp. 71-89.
Best Universities for Agricultural Economics in the World
Updated: February 29, 2024
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Engineering
Environmental Science
Liberal Arts & Social Sciences
Mathematics
Below is a list of best universities in the World ranked based on their research performance in Agricultural Economics. A graph of 3.31M citations received by 201K academic papers made by 1,004 universities in the World was used to calculate publications' ratings, which then were adjusted for release dates and added to final scores.
We don't distinguish between undergraduate and graduate programs nor do we adjust for current majors offered. You can find information about granted degrees on a university page but always double-check with the university website.
1. Iowa State University
For Agricultural Economics
2. Wageningen University
3. Cornell University
4. University of Illinois at Urbana - Champaign
5. University of Minnesota - Twin Cities
6. University of California - Berkeley
7. Michigan State University
8. University of California - Davis
9. University of Florida
10. Stanford University
11. Pennsylvania State University
12. University of Wisconsin - Madison
13. Yale University
14. Ohio State University
15. Texas A&M University - College Station
16. North Carolina State University at Raleigh
17. Kansas State University
18. Harvard University
19. University of Oxford
20. China Agricultural University
21. University of British Columbia
22. University of Georgia
23. University of Sao Paulo
24. Australian National University
25. Catholic University of Leuven
26. Nanjing Agricultural University
27. University of Gottingen
28. Massachusetts Institute of Technology
29. University of Pretoria
30. University of Chicago
31. Columbia University
32. Auburn University
33. Virginia Polytechnic Institute and State University
34. University of Cambridge
35. University of Reading
36. University of Nebraska - Lincoln
37. University of Guelph
38. University of Queensland
39. University of Toronto
40. University of Maryland - College Park
41. University of North Carolina at Chapel Hill
42. Swedish University of Agricultural Sciences
43. University of Michigan - Ann Arbor
44. Purdue University
45. Washington State University
46. Northwest A&F University
47. University of Copenhagen
48. Princeton University
49. Oregon State University
50. Peking University
51. University of Bonn
52. New York University
53. Tufts University
54. Tsinghua University
55. Bogor Agricultural University
56. Utrecht University
57. Huazhong Agricultural University
58. University of Missouri - Columbia
59. Swiss Federal Institute of Technology Zurich
60. University of Tokyo
61. Norwegian University of Life Sciences
62. University of Tennessee - Knoxville
63. University of Hohenheim
64. Arizona State University - Tempe
65. University of Sydney
66. Colorado State University - Fort Collins
67. Zhejiang University
68. University of Kentucky
69. University of Pennsylvania
70. University College London
71. University of Manchester
72. Rutgers University - New Brunswick
73. University of Western Australia
74. Ghent University
75. University of Melbourne
76. London School of Economics and Political Science
77. Warsaw University of Life Sciences
78. Oklahoma State University
79. Renmin University of China
80. University of East Anglia
81. North Dakota State University
82. University of Ibadan
83. University of London
84. Imperial College London
85. University of Alberta
86. University of California - Santa Barbara
87. Beijing Normal University
88. University of New England, Australia
89. Free University Amsterdam
90. Mississippi State University
91. National University of Singapore
92. Montana State University
93. McGill University
94. University of Arizona
95. University of Saskatchewan
96. University of Connecticut
97. University of Adelaide
98. Duke University
99. Texas Tech University
100. University of Washington - Seattle
Economics subfields in the World
Department of Economics
Economics ph.d. program jumps 5 places in u.s. news rankings.
Posted by Elizabeth TeSelle on Tuesday, March 29, 2022 in Uncategorized .
The Vanderbilt Ph.D. program in Economics took a large leap this year in the U.S. News and World Report rankings –from 35th to 30th. This is a significant increase, which can be attributed to our fine placement record over the past few years.
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The econphd.net rankings are among the most substantial in scope (covering 63 journals over roughly ten years, 1993-2003) and they are unique in detail (the only consistent rankings at the subdiscipline level). Detail is very important: I cannot think of anyone other than a dean or head of department who should really care about a department's overall ranking. It is hoped that these rankings are particularly useful to prospective PhD applicants. They should also help publicize specialized expertise at smaller departments. Journal selection and quality-adjustment are based on the citation analysis by .
: The new average productivity ranking is a "size-adjusted" version of the regular rankings. To calculate the "average equivalent papers" for a department, I rank its authors by individual scores and compute the average for the top 15. If a department has more than 15 authors, say 20, the remainder (5) is not counted in the ranking; if it has less than 15 authors, say 10, I effectively add (5) dummy authors with zero scores. Hence the ranking punishes departments whose publishing faculty falls short of a minimal critical size (in this case, fifteen). But, unlike the regular ranking, it does not punish departments further for being smaller than others.
of how many authors embody it. Hence the regular subdiscipline rankings are most appropriate.
: Definitions of the two minor fields in the Economic History & Thought subdiscipline have changed, after repeated prompting from economic historians. Stephen Broadberry (Warwick) made the simple and effective suggestion to treat all N codes as one field (economic history).
:
: This ranking deviates from many conventional ones in that an author's entire publication history is attributed to the current affiliation, rather than the affiliation at time of publication. Hence this ranking is not a measure of department productivity over a period of time. It is a measure of current faculty resources. Thanks to Prof. Thanasis Stengos for highlighting this difference. : In areas like finance, statistics within econometrics, and some others, there exist significant outlets besides the economics journals. Including these journals is not really feasible since they would dilute the rankings with articles that are not economics-related. On the other hand, we must keep in mind the limited meaning of the affected subdiscipline rankings and recognize that e.g. finance-intensive departments are effectively penalized in the overall rankings. Thanks to Prof. John Cochrane and others for commenting on missing journals. : One cannot look up every author's current affiliation; there are far too many. This ranking treats the affiliation listed first, in the most recent included publication, as current. (Even that involves much manual work to streamline alternate spellings and names of institutions, as well as identify colleges, schools and centers with their parents.) If an author has not published since moving to a new department, or has listed another department first, he or she is assigned incorrectly. One hopes that one error tends to cancel another, but this is not always the case.
Please accept that, even if I become aware of an inaccurate affiliation assignment, it cannot be corrected for reasons of consistency, except in cases of genuine error within the methodology.
back to econphd • net
Study Postgraduate
Mres/phd in economics (2023 entry).
Course code
18 September 2023
2 + 4 years full-time
Qualification
University of Warwick
Applications for 2023 entry closed on 15 January 2023. Applications for 2024 entry are expected to open in November 2023.
Find out more about our Economics Master of Research (MRes/PhD).
The MRes/PhD course is an integrated Master of Research in Economics, from which students progress to PhD in Economics. You will be taught and guided by top class researchers, at the forefront of their field, and will receive comprehensive support for your entry to the job market. Warwick's Department of Economics, ranked 4th in the UK (The Complete University Guide 2023) and 25th the World (The QS World University Subject Rankings 2022), will provide you with exceptionally high-quality training, skills and techniques in advanced economics.
Course overview
Our comprehensive 2+4 MRes/PhD research programme offers a unique training opportunity in advanced economics. We aim to provide you with professional training in modern economics, including tools and techniques of analysis at the forefront of the discipline, and opportunities to apply this in extended research.
We offer a two-week Mathematics and Statistics pre-sessional programme, which starts two weeks before the official start of term. The pre-sessional course will provide a thorough grounding in the mathematical techniques required throughout the programme and attendance is highly recommended, although not compulsory.
Warwick Economics was ranked 2nd in the Research Excellence Framework (REF) 2021 and 99% of our research was deemed to be world leading or internationally excellent. We have five separate seminar series running on a weekly basis (term time), with invited eminent speakers from around the world. MRes and PhD students are welcome and encouraged to attend.
Skills from this degree
You will focus on developing a range of important skills, including:
Advanced knowledge and understanding of comparative and interdisciplinary approaches.
Ability to identify and process data to produce original results.
Knowledge of contemporary theoretical and empirical debates and research outcomes in your chosen specialised areas of economics.
Sound ability to formulate hypotheses and viable explanations based on received ideas and in combination with other comparable data.
Ability to critically evaluate existing models with a view to formulating revised or new models.
Understanding the role of the researcher in policy making and policy analysis.
General entry requirements
Minimum requirements.
First class undergraduate degree (or equivalent) in a related subject and/or Distinction at Master’s level. A GRE General Test quantitative section score would be useful but not essential. Scores of around 800/166 are typical for previously successful applicants.
English language requirements
You can find out more about our English language requirements Link opens in a new window . This course requires the following:
IELTS overall score of 7.0, minimum component scores of two at 6.0/6.5 and the rest at 7.0 or above.
International qualifications
We welcome applications from students with other internationally recognised qualifications.
For more information, please visit the international entry requirements page Link opens in a new window .
Additional requirements
There are no additional entry requirements for this course.
Our research
99% of the Department's research was rated world-leading (4*) or internationally excellent (3*) in the 2021 Research Excellence Framework (REF), placing the Department second in the UK Link opens in a new window . We have five separate seminar series running on a weekly basis (term time), with invited eminent speakers from around the world. MRes and PhD students are welcome and encouraged to attend.
Areas for PhD supervision
We have active research groups in:
Applied Economics
Economic History
Development Economics
Economic Theory
Econometrics
Industrial Economics
International Economics
Labour Economics
Macroeconomics
Political Economy
Public Economics
Experimental and Behavioural Economics
Core modules
Advanced Microeconomic Theory
The module aims to develop your skills and knowledge of, microeconomics necessary for a career as an academic economist and in all areas where advanced research skills in economics are required. Specifically, it aims to teach you the ability to understand, appreciate, and ultimately contribute to, frontier research. You will develop a thorough understanding of the main techniques of modern microeconomic theory; a detailed knowledge of recent research in key areas of microeconomic theory and be able to apply these to develop microeconomic models in your own research.
Advanced Macroeconomic Analysis
In this module you will focus on the development of the skills and knowledge of advanced macroeconomics, which are fundamental for a career as an academic economist. You will develop a thorough understanding of modern macroeconomic theory; and the ability to read and understand ground-breaking research in macroeconomics published in top journals. For those intending to pursue a career in macroeconomics, the course provides the basic tools required to pursue their own research agenda.
Advanced Econometric Theory
In this module you will focus on another important area of advanced research skills: advanced econometrics. You will develop an advanced understanding of the main aspects of modern econometric theory and techniques used in research at the forefront of the field.
The Practice of Economics Research
The principal aim of this module is to serve as a bridge between theoretical material taught in other year-one core modules and the practical application of theory and methods to concrete research questions, informed by other considerations (such as institutional structures). The focus is on development of the skills needed to conduct research, including identifying and formulating research questions informed by current debates both in academia and outside it (for example in public policy). You will learn to identify appropriate sources and methods, deal with the practical aspects of deploying those methods, and communicate/disseminate research results effectively.
By comparison with the other core modules taken by students in the first year of the MRes programme, this module is distinctive in its emphasis on learning by example and on learning by doing.
MRes Dissertation
This module aims to provide you with the opportunity to demonstrate your ability to autonomously investigate and carry out novel research in your chosen area of economics, at PhD level.
Optional modules
Optional modules can vary from year to year. Example optional modules may include:
Advanced Economic Theory
Political Economic Theory
Advanced Econometrics
Industrial Organisation and Data Science
You will be taught by leading academics in the major fields of Economics using a combination of lectures and classes.
You will also be heavily involved in developing your own research under the supervision of one of our leading academics in the form of your MRes dissertation.
Class sizes
Lectures and classes typically have 15-20 students in year one.
In year two class sizes vary between 3 and 15 students.
Typical contact hours
In year one you will have 9 hours of lectures per week and 4-5 hours of seminars. In year two, teaching is mainly on a seminar basis (6 hours per week).
Assessment is a mixture of class tests, exams, presentations, and referee reports and the MRes dissertation (maximum of 20,000 words).
Pre-Sessional Advanced Mathematics
You are recommended to attend the pre-sessional course in Advanced Mathematics which will be taught in the two weeks before the University’s main term begins. The course is designed to ensure that your maths knowledge and skills are at the standard required for you to succeed on the MRes/PhD course.
Reading lists
Most departments have reading lists available through Warwick Library. If you would like to view reading lists for the current cohort of students you can visit our Warwick Library web page Link opens in a new window .
Your timetable
Your personalised timetable will be complete when you are registered for all modules, compulsory and optional, and you have been allocated to your lectures, seminars and other small group classes. Your compulsory modules will be registered for you and you will be able to choose your optional modules when you join us.
PhD Programme
If you pass the MRes at a sufficiently high level of performance, you will then proceed to the PhD programme. You will have a maximum of four years to complete the PhD, but are expected to be ready to go on the job market at the beginning of your fourth year and to be ready to submit your thesis in the following spring. We aim to provide you with professional training in modern economics, including tools and techniques of analysis as well as knowledge, and an opportunity to apply this in extended research. Our objective is to produce doctoral students who are able to pursue driven careers at the highest level in academia, government agencies or consultancies.
Find a supervisor
Please do not write to members of faculty regarding supervision or entry to the PhD, as we do not recruit PhD students in this way.
All of our PhD students must either complete the MRes Economics at Warwick or demonstrate they have completed a two-year MRes at another institution (with a syllabus closely matching that taught at Warwick) and achieved excellent results.
Departmental Scholarship
The majority of students offered a place on the programme will also be offered a Departmental Scholarship consisting of a fee waiver and a maintenance award. You are not required to apply for a scholarship at the time of application for the MRes/PhD programme.
Tuition fees
Tuition fees are payable for each year of your course at the start of the academic year, or at the start of your course, if later. Academic fees cover the cost of tuition, examinations and registration and some student amenities.
Taught course fees Research course fees
Fee Status Guidance
We carry out an initial fee status assessment based on the information you provide in your application. Students will be classified as Home or Overseas fee status. Your fee status determines tuition fees, and what financial support and scholarships may be available. If you receive an offer, your fee status will be clearly stated alongside the tuition fee information.
Do you need your fee classification to be reviewed?
If you believe that your fee status has been classified incorrectly, you can complete a fee status assessment questionnaire. Please follow the instructions in your offer information and provide the documents needed to reassess your status.
Find out more about how universities assess fee status
Additional course costs
As well as tuition fees and living expenses, some courses may require you to cover the cost of field trips or costs associated with travel abroad. Information about department specific costs should be considered in conjunction with the more general costs below, such as:
As well as tuition fees and living expenses, some courses may require you to cover the cost of field trips or costs associated with travel abroad.
For departmental specific costs, please see the Modules tab on the course web page for the list of core and optional core modules with hyperlinks to our Module Catalogue (please visit the Department’s website if the Module Catalogue hyperlinks are not provided).
Associated costs can be found on the Study tab for each module listed in the Module Catalogue (please note most of the module content applies to 2022/23 year of study). Information about module department specific costs should be considered in conjunction with the more general costs below:
Core text books
Printer credits
Dissertation binding
Robe hire for your degree ceremony
Scholarships and bursaries
Scholarships and financial support
Find out about the different funding routes available, including; postgraduate loans, scholarships, fee awards and academic department bursaries.
Living costs
Find out more about the cost of living as a postgraduate student at the University of Warwick.
Your career in Economics
Most of our Economics PhD job market candidates are successful in finding academic placements at prestigious universities across the world.
The 2020 cohort of students secured academic positions as Lecturers, Assistant Professors or Post-doctoral Fellows at the following Higher Education Institutions: Bocconi University in Milan, the European University Institute in Florence, University College Dublin, University of Bristol, Ashoka University in India, Stockholm University, Tilburg University and the University of Tübingen.
Some of our PhD graduates choose jobs in non-academic fields which require advanced research skills, for example, central banks, regulators, think tanks or international organisations, including:
The Institute for Government
Government Economic Service
The United Nations
The Organisation for Economic Co-operation and Development
World Trade Organisation
International Monetary Fund
The World Bank Group
Economics at Warwick
We're an inclusive, diverse community committed to the highest quality research which informs our teaching on our undergraduate and postgraduate programmes. Many of our experts are leaders in their field.
We hold regular live chats for prospective students and offer holders. Please see the live chat schedule for Economics.
Find out more about us on our website. Link opens in a new window
Our Postgraduate courses
Behavioural and Economic Science (Economics) (MSc)
Economics (Diploma plus MSc)
Economics (MSc)
Economics and International Financial Economics (MSc)
MRes/PhD in Economics
Taught course applications
Here is our checklist on how to apply for taught postgraduate courses at Warwick.
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Saint Petersburg State University of Economics (UNECON)
Sadovaya str., 21, Saint Petersburg
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Public Status
High Research Output
11,410 Total Students
619 Faculty
929 Int'l Students
UNDERGRADUATE
POSTGRADUATE
St. Petersburg StateUniversity of Economics also known as UNECON is one of the leading Russianuniversities with 90-year experience in educating top professionals ineconomics and management.
Strategy 2025 positions UNECON as international hub,integrator of world’s best knowledge and competences in the field of economics,business and entrepreneurship on the basement of international academic andprofessional cooperation.
Among members of Alumni Club there are CEOs of Russiantop companies Gazprom (Alexey Miller), Russian Railways (Oleg Belozerov) andSeverstal (Aleksey Mordashov) and branches of international giants like Siemens(Aleksander Liberov, Deutschland) or ZTE (Yiming Li, China).
UNECON learning environmentallows students to gain an international outlook and engage with globalacademic issues through vast exchange programs, double degree programs,international scientific projects, etc.
UNECON central St.Petersburg location means that all excitement of a major city - its lavish architecture,high art and wild nightlife - are up close from the place of study. Dormitoriesfor international students are situated in the central campus offeringexclusive experience of academic, cultural and social life of the NorthernVenice.
Committed to providing excellent education, UNECON moves forward with confidence.
University highlights
STUDENTS & STAFF
QS WUR Ranking By Subject #551-600
EECA University Rankings #251-300
QS WUR Ranking By Subject
Business & Management Studies
2024 #551-600
Student & Staff
Total students 11,410, international students 929, total faculty staff 619, campus locations, saint petersburg state university of economics,.
Sadovaya str., 21 , Saint Petersburg , Russia , 191023
Marata str., 27 , Saint Petersburg , Russia , 191002
Moskovsky av., 103 , Saint Petersburg , Russia , 196084
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Program rankings
The following organizations rank graduate economics programs using various approaches: US News and World Report 2023 Best Economics Schools. US News and World Report Ranking of the Best Global Universities for Economics and Business. RePEc Ranking of Institutions. Tilburg University Top 100 Worldwide Economics Schools Research Rankings.
QS World University Rankings for Economics & Econometrics 2024
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Best Economics Programs in America
University of Pennsylvania. Philadelphia, PA. #9 in Economics (tie) Save. 4.6. With a graduate degree in economics, students may find jobs as analysts and economists in the government ...
Economics rankings: Economics Departments
The rankings Top 12.5% Economics Departments, all authors, all publication years. Rank Institution Score Authors Author shares; 1: Department of Economics, Harvard University. ... Department of Economics, Graduate Center, City University of New York (CUNY) New York City, New York (USA) 221.95: 35:
QS World University Rankings for Economics & Econometrics 2023
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QS World University Rankings for Economics & Econometrics 2021
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20 Best Doctor of Economics Graduate Schools
The Doctor of Economics (Doctor of Economics, Ph.D.) is an advanced, terminal degree representing the highest level of academic achievement in economics. It can open doors to research, teaching, and consulting opportunities in the field of economics and beyond. A doctorate program in Economics usually takes about 5 to 6 years to complete.
Top Economics and Business Schools in the World
See the U.S. News rankings for the world's top universities in Economics and Business. Compare the academic programs at the world's best universities.
World's best International Economics universities [Rankings]
Below is a list of best universities in the World ranked based on their research performance in International Economics. A graph of 6.51M citations received by 386K academic papers made by 1,424 universities in the World was used to calculate publications' ratings, which then were adjusted for release dates and added to final scores.
econphd.net
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2023-2024 Top Doctor of Economics Graduate Programs
Durham, NC ·. Duke University ·. Graduate School. ·. 4 reviews. Current Master's student: My academic experience at Duke has been the most rewarding in my life. What makes Duke so great is the opportunity through the Sanford Policy School to exchange and engage ideas with professors and peers connected to my area of policy analysis.
2024 Best Economics Doctor's Degree Schools
2024 Best Economics Doctor's Degree Schools. 124 Colleges in the United States. 1,248 Doctor's Degrees. $99,068 Avg Early-Career Salary. If you pursue a doctor's degree in economics, you won't be alone. The field of study is the #24 most popular program in the country. So, there are lots of possibilities to explore when you're trying to ...
Rankings of Doctoral Programs in Economics
There are numerous rankings of Economics Ph.D. programs available. U.S. News and World Report According to the 2017 rankings released by U.S. News and World Report, Iowa State University's graduate program in Economics was ranked 28th among public universities and tied for 53rd overall. This ranking was two slots higher than the previous ranking.
World's best Agricultural Economics universities [Rankings]
Below is a list of best universities in the World ranked based on their research performance in Agricultural Economics. A graph of 3.31M citations received by 201K academic papers made by 1,004 universities in the World was used to calculate publications' ratings, which then were adjusted for release dates and added to final scores.
Economics Ph.D. program jumps 5 places in U.S. News Rankings
Economics Ph.D. program jumps 5 places in U.S. News Rankings. Posted by Elizabeth TeSelle on Tuesday, March 29, 2022 in Uncategorized.. The Vanderbilt Ph.D. program in Economics took a large leap this year in the U.S. News and World Report rankings-from 35th to 30th. This is a significant increase, which can be attributed to our fine placement record over the past few years.
Rankings.
The econphd.net rankings are among the most substantial in scope (covering 63 journals over roughly ten years, 1993-2003) and they are unique in detail (the only consistent rankings at the subdiscipline level).
Higher School of Economics
THE World University Rankings by Subject: Business & Economics 126—150 94 101—125 101—125 101—125 83 Social Sciences 176—200 ... QS World University Rankings by Subject: Sociology 50 51—100 51—100 51—100 ... HSE University ranked high in graduate employment rates. [164]
MRes/PhD in Economics (2023 Entry)
The MRes/PhD course is an integrated Master of Research in Economics, from which students progress to PhD in Economics. You will be taught and guided by top class researchers, at the forefront of their field, and will receive comprehensive support for your entry to the job market. Warwick's Department of Economics, ranked 4th in the UK (The Complete University Guide 2023) and 25th the World ...
Saint Petersburg State University of Economics (UNECON) : Rankings
Committed to providing excellent education, UNECON moves forward with confidence. QS Stars is a rating system that helps you select the right university based on your interests. It provides a detailed look at an institution, identifying which universities rate highest in the specific topics that matter to you, like facilities, graduate ...
St. Petersburg State University of Economics (UNECON)
St. Petersburg State University of Economics or UNECON is one of the leading Russian universities with over a century experience in educating top professionals in economics and management. Read more ... international academic partners over the world. 10. Member of 10 international associations. 400. international events annually. 50 ...
QS World University Rankings for Economics and Econometrics 2020
20.1K 27. Find out which universities are the best in the world for Economics and Econometrics. in the QS World University Rankings by Subject 2020.
Harris Pledges to Tackle Costs, Build Houses, Lower Taxes in Economy Speech
US News is a recognized leader in college, grad school, hospital, mutual fund, and car rankings. Track elected officials, research health conditions, and find news you can use in politics ...
Saint Petersburg State University of Economics (UNECON)
Strategy 2025 positions UNECON as international hub,integrator of world's best knowledge and competences in the field of economics,business and entrepreneurship on the basement of international academic andprofessional cooperation.
Emma Hayes Leads USWNT Back To The Top Of FIFA Women's World Rankings
The United States had been the number one ranked team in the world for a staggering 5,715 days compared to the 1,701 days the position was occupied by Germany, world champions in 2003 and 2007.
IMAGES
COMMENTS
The following organizations rank graduate economics programs using various approaches: US News and World Report 2023 Best Economics Schools. US News and World Report Ranking of the Best Global Universities for Economics and Business. RePEc Ranking of Institutions. Tilburg University Top 100 Worldwide Economics Schools Research Rankings.
Aug 09, 2024. 1.9K 3. ETH Zurich is One of the 10 Best Universities…. According to the QS World University Rankings, ETH Zurich (Swiss Federal Institute of Technology) is the sixth best university in the world. Explore more about the university rankings here. By Craig OCallaghan. Aug 09, 2024. 9.8K 11.
University of Pennsylvania. Philadelphia, PA. #9 in Economics (tie) Save. 4.6. With a graduate degree in economics, students may find jobs as analysts and economists in the government ...
The rankings Top 12.5% Economics Departments, all authors, all publication years. Rank Institution Score Authors Author shares; 1: Department of Economics, Harvard University. ... Department of Economics, Graduate Center, City University of New York (CUNY) New York City, New York (USA) 221.95: 35:
7.6K 12. Top universities for employment outcomes. Discover which universities come out on top for employment outcomes, according to the QS World University Rankings 2023. By Aisha Khan. Jul 09, 2024. 14.2K 19.
Below is a list of best universities in the World ranked based on their research performance in Economics. A graph of 196M citations received by 10.3M academic papers made by 5,995 universities in the World was used to calculate publications' ratings, which then were adjusted for release dates and added to final scores.
2.0K 3. ETH Zurich is One of the 10 Best Universities…. According to the QS World University Rankings, ETH Zurich (Swiss Federal Institute of Technology) is the sixth best university in the world. Explore more about the university rankings here. By Craig OCallaghan. Aug 09, 2024. 9.9K 11.
The Doctor of Economics (Doctor of Economics, Ph.D.) is an advanced, terminal degree representing the highest level of academic achievement in economics. It can open doors to research, teaching, and consulting opportunities in the field of economics and beyond. A doctorate program in Economics usually takes about 5 to 6 years to complete.
See the U.S. News rankings for the world's top universities in Economics and Business. Compare the academic programs at the world's best universities.
Below is a list of best universities in the World ranked based on their research performance in International Economics. A graph of 6.51M citations received by 386K academic papers made by 1,424 universities in the World was used to calculate publications' ratings, which then were adjusted for release dates and added to final scores.
The most active forum for econ applicants is testmagic (graduate admissions, PhD economics, PhD business). Auto Admit and Princeton Review are worth a look. For those on the job market, ... But an update of the rankings is still on the cards for 2008, given the wide interest - I will seek funding to hire research assistants.
Durham, NC ·. Duke University ·. Graduate School. ·. 4 reviews. Current Master's student: My academic experience at Duke has been the most rewarding in my life. What makes Duke so great is the opportunity through the Sanford Policy School to exchange and engage ideas with professors and peers connected to my area of policy analysis.
2024 Best Economics Doctor's Degree Schools. 124 Colleges in the United States. 1,248 Doctor's Degrees. $99,068 Avg Early-Career Salary. If you pursue a doctor's degree in economics, you won't be alone. The field of study is the #24 most popular program in the country. So, there are lots of possibilities to explore when you're trying to ...
There are numerous rankings of Economics Ph.D. programs available. U.S. News and World Report According to the 2017 rankings released by U.S. News and World Report, Iowa State University's graduate program in Economics was ranked 28th among public universities and tied for 53rd overall. This ranking was two slots higher than the previous ranking.
Below is a list of best universities in the World ranked based on their research performance in Agricultural Economics. A graph of 3.31M citations received by 201K academic papers made by 1,004 universities in the World was used to calculate publications' ratings, which then were adjusted for release dates and added to final scores.
Economics Ph.D. program jumps 5 places in U.S. News Rankings. Posted by Elizabeth TeSelle on Tuesday, March 29, 2022 in Uncategorized.. The Vanderbilt Ph.D. program in Economics took a large leap this year in the U.S. News and World Report rankings-from 35th to 30th. This is a significant increase, which can be attributed to our fine placement record over the past few years.
The econphd.net rankings are among the most substantial in scope (covering 63 journals over roughly ten years, 1993-2003) and they are unique in detail (the only consistent rankings at the subdiscipline level).
THE World University Rankings by Subject: Business & Economics 126—150 94 101—125 101—125 101—125 83 Social Sciences 176—200 ... QS World University Rankings by Subject: Sociology 50 51—100 51—100 51—100 ... HSE University ranked high in graduate employment rates. [164]
The MRes/PhD course is an integrated Master of Research in Economics, from which students progress to PhD in Economics. You will be taught and guided by top class researchers, at the forefront of their field, and will receive comprehensive support for your entry to the job market. Warwick's Department of Economics, ranked 4th in the UK (The Complete University Guide 2023) and 25th the World ...
Committed to providing excellent education, UNECON moves forward with confidence. QS Stars is a rating system that helps you select the right university based on your interests. It provides a detailed look at an institution, identifying which universities rate highest in the specific topics that matter to you, like facilities, graduate ...
St. Petersburg State University of Economics or UNECON is one of the leading Russian universities with over a century experience in educating top professionals in economics and management. Read more ... international academic partners over the world. 10. Member of 10 international associations. 400. international events annually. 50 ...
20.1K 27. Find out which universities are the best in the world for Economics and Econometrics. in the QS World University Rankings by Subject 2020.
US News is a recognized leader in college, grad school, hospital, mutual fund, and car rankings. Track elected officials, research health conditions, and find news you can use in politics ...
Strategy 2025 positions UNECON as international hub,integrator of world's best knowledge and competences in the field of economics,business and entrepreneurship on the basement of international academic andprofessional cooperation.
The United States had been the number one ranked team in the world for a staggering 5,715 days compared to the 1,701 days the position was occupied by Germany, world champions in 2003 and 2007.