PhD in Economics Programs in Pennsylvania
Students interested in earning a PhD in Economics can choose from a handful of schools in Pennsylvania that offer research-based programs. Get details for some of these programs and learn how to apply for your PhD.
University of Pennsylvania
The University of Pennsylvania offers a Doctor of Philosophy (PhD) in Economics program that trains students in economic theory, econometric methods, and research. The program usually takes around five years to complete, requires a dissertation, and includes departmental workshops, an empirical economics course, and core courses in econometrics and economic theory as part of the required curriculum.
Pennsylvania State University
Penn State University has a PhD in Economics program with a STEM (Science, Technology, Engineering, and Mathematics) designation. The curriculum usually takes five years to complete, although some students may only take four years to complete it. Students in the program are required to demonstrate competency in two fields of study and may choose from research areas in theory, applied microeconomics, macroeconomics, international trade and development, or econometrics.
Lehigh University has a PhD in Business and Economics program that is STEM-designated and admits about seven to nine students every two years, according to the school's website. Students in the program study topics in applied econometrics, labor, industrial organization, applied macroeconomics, and health.
University of Pittsburgh
The University of Pittsburgh offers a 5-year PhD in Economics program that requires students to begin by taking a 3-week intensive math class the summer before their first fall semester. Students in the program must meet coursework requirements for two majors and one minor and can choose from the study areas of econometrics, labor/development, microeconomics, macroeconomics, applied microeconomics, and experimental economics.
Temple University has a PhD in Economics program that must be completed in seven years and is available in a full-time and part-time format. Students in the program may be able to choose from interdisciplinary tracks with other departments to match their personal interests, but the department also offers areas of specialization in labor economics, applied econometrics, international economics, development economics, industrial organization, and financial economics.
Carnegie Mellon University
Carnegie Mellon University offers a PhD in Economics program that focuses on extensive research training and allows students to choose from a wide range of research topics, such as international trade policy, real business cycles, takeovers, risk analysis and management, and macroeconomic policy. Students are required to attend seminars throughout the program and are trained in economic theory and the quantitative tools necessary for research in the field.
Drexel University has a STEM-designated PhD in Economics program that specializes in the areas of international trade, applied microeconometrics, industrial organization, and macroeconomics. The program admits three to six students each year and offers additional research areas in topics like energy economics, health economics, public finance, and game theory.
|School Name||Programs Offered||Graduate Tuition (2018-2019)*|
|University of Pennsylvania||PhD in Economics||$34,822|
|Pennsylvania State University||PhD in Economics||$21,540 in-state, $36,974 out-of-state|
|Lehigh University||PhD in Business and Economics||$27,000|
|University of Pittsburgh||PhD in Economics||$22,846 in-state, $38,736 out-of-state|
|Temple University||PhD in Economics||$16,488 in-state, $22,698 out-of-state|
|Carnegie Mellon University||PhD in Economics||$43,815|
|Drexel University||PhD in Economics||$34,155|
Source: *National Center for Education Statistics
Admittance Requirements for a PhD in Economics
Applicants to PhD in Economics programs in Pennsylvania must have at least a bachelor's degree. Some of these PhD programs may require applicants to meet a specific GPA requirement, such as a 3.0 on a 4.0 scale for undergraduate coursework and/or a 3.3 GPA for any graduate-level coursework. Most of these doctoral programs require applicants to take the GRE and submit their test scores, and some programs note that successful applicants typically earn scores in the 85th percentile or above on the quantitative portion of the GRE. Due to the technical and analytical nature of the subject, some PhD in Economics programs require students to demonstrate preparedness in mathematics with prior coursework in subjects like linear algebra and calculus. Students wishing to apply to these programs generally need to include their transcripts, test scores, letters of recommendation, and/or career or goal statement with their application.
There are several private and public schools in Pennsylvania that offer PhD in Economics degree programs, which typically take around five years to complete and offer various research areas and/or areas of concentration. Students wishing to apply to these programs generally need to have a bachelor's degree, and competition for these programs may be intense, as some programs only admit a small number of students.