|Economists have a significant role in data analysis and providing ways to maintain the economy vibrant. An online PhD in Economics is a research-based degree that can accompany several specializations. The degree centers on advanced economical principles and needs planning and protection of a dissertation. The degree offers further education in monetary theory, policy analysis, and game theory. In this degree, students focus on legal system, global politics, and economic forecasting. The degree prepares economic experts capable to teach at university or college levels, increasing knowledge of economics, and performing autonomous research.
In online PhD in Economics degree, students will learn how to become expert in analytical and modeling methods of economics and the basic principles of economic theory. The duration of this degree is 5 years. During first 2 years, students will research advanced subjects in economics, besides clearing written and oral exams. Students generally focus on research commencing in their 3rd year of study. Some course topics comprise -
- Mathematical Economics
- Applied Econometrics
- Labor Economics
- Quantitative Macroeconomic Theory
To get admission in online PhD in Economics, students must have a Master`s degree in Economics. Students need to finish undergraduate coursework in calculus, microeconomics, linear algebra, and macroeconomics. Students are also required to submit a few letters of recommendation and GRE scores.
Benefits of PhD in Economics
Here are the benefits of earning online PhD in Economics -
- Students will be capable to utilize their knowledge of macroeconomics and microeconomics theory to build up economics models.
- The degree will develop students` general economics knowledge and fundamental economics experience.
- With this degree, students will get complete knowledge of econometrics and economical theory.
Job Prospects and Career Opportunities
An online PhD in Economics degree prepares graduates for a variety of career opportunities in different fields. Graduates are eligible to work on top positions of state, federal, and local government in addition to financial firms, scientific research organizations, and consulting offices. Some popular career options with this degree are -
- Claims Processor
- Financial Services
- Business Consultant
- Insurance Sales Agent