PhD in Economics Programs in Texas
This article compares PhD in Economics programs from universities across Texas. The Lone Star State has a wide variety of PhD programs that offer various specializations and course tracks.
University of Texas at Austin
In UT Austin's PhD program, students begin their studies with a year of core coursework in economic theory, advanced statistics, and mathematical economics. Through the rest of the program, students continue to receive training in econometrics while simultaneously developing research specializations in two topics of their choice.
Southern Methodist University
At SMU, PhD students spend their first year studying the basics of microeconomic and macroeconomic theory to pass written qualifying exams (they must also maintain a GPA of at least 3.0). Afterward, students can choose two of the following fields of economics to develop their expertise in: international economics, development economics, labor economics, econometrics, monetary economics, industrial organization, public finance, mathematical economics, or experimental economics.
PhD candidates at Rice University can make use of the resources available through the Rice Initiative for the Study of Economics (RISE). Although Rice prides itself on its research in structural empirical microeconomics, candidates can also choose to focus on such areas as theoretical and applied econometrics, game theory, political economics, labor economics, and health economics.
At Texas A&M, students start with a year-long structured introduction to microeconomics, macroeconomics, and economic theory before choosing three fields of economics to continue diving into. The university offers field courses in public economics, international economics, advanced macroeconomics, industrial organization, labor economics, econometrics, behavioral and experimental economics, and advanced theory.
University of Texas at Dallas
The PhD in Economics program at UT Dallas is best suited for students interested in the economics of conflict, public economics, data analysis, applied microeconomics, or macroeconomics. Due to the technical focus of this program, graduates are prepared to be competitive applicants for work as professional economists in the private and government sectors.
Texas Technical University
At Texas Technical University, PhD candidates take eight core courses before choosing electives from three of the following specializations: public finance, labor economics, international economics, monetary economics, natural resource economics, industrial organization, and special fields in economics.
University of Houston
Similar to programs at Texas Tech, SMU, and Texas A&M, students at the University of Houston spend their first year studying micro and macroeconomic theory, econometrics, and statistics. If students pass the comprehensive exam at the end of the year (with a grade of 'superior'), they can go on to dive deeper into studying the economic fields of their choice.
University of Texas Health Science Center at Houston
UT Health offers a unique PhD program in health economics and health services research that focuses on using economic theory to improve healthcare delivery. Students learn how to apply economic theories to public health questions and use data analysis skills to analyze vast amounts of health data.
|University||Programs Offered||Graduate Tuition for Academic Year (2018-2019)*|
|University of Texas at Austin||PhD in Economics||In-state: $11,742|
|Southern Methodist University||PhD in Economics||$40,896|
|Rice University||PhD in Economics||$37,855|
|Texas A&M||PhD in Economics||In-state: $6,552|
|University of Texas at Dallas||PhD in Economics||In-state: $13,458|
|Texas Technical University||PhD in Economics||In-state: $5,832|
|University of Houston||PhD in Economics||In-state: $8,214|
|University of Texas Health Science Center at Houston||PhD in Health Economics/Health Services Research||In-state: $7,304|
Application Requirements for a PhD in Economics
Although PhD applicants need not have a bachelor's or master's degree in economics, they are expected to have a significant background in macroeconomics, microeconomics, linear algebra, statistics, and multivariate calculus. Competitive applicants have a GPA of 3.0 or higher in their previous degrees (undergraduate and/or master's). Students must also send in their GRE test scores (the minimum score accepted varies widely across universities, but higher scores can lead to a better chance of funding). To complete their applications, students must send in past transcripts, their resume/CV, letters of recommendation from previous professors, and a statement of purpose essay. Some programs require students to take a qualifying exam after the first year of the program to ensure that they have mastered the core coursework necessary to proceed on to the research component of the degree.
Texas has a wide variety of university programs for students who want to pursue graduate-level education in economics. Because there are so many different specializations and areas of focus, students can choose the program that best fits their research interests and career goals.