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Business, approved for STEM-OPT extension, government, investment, markets, money
Enjoy close contact with faculty and fellow classmates and many opportunities to actively participate in department activities and to discuss your ongoing research with visitors. Financial support for five years is offered through teaching and research assistantships, with stipends that are highly competitive.
Program description
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Degree awarded: PHD
Economics
The PhD program in economics provides rigorous training in microeconomic theory, macroeconomic theory, applied economics and econometrics. Additionally, students may select a primary area of specialization for study:
- applied microeconomics
- econometrics
- economic theory
- environmental and resource economics
- financial economics
- macroeconomics
This full-time doctoral program prepares students for teaching and research positions at four-year institutions of higher education and for research positions in public agencies or private business organizations.
The program is relatively small in size, with about 45 doctoral students in residence at any time. This low student-to-faculty ratio affords greater faculty attention and mentoring than larger programs. Students become valued members of the department, involved in teaching, research and seminar activities.
STEM-OPT for international students on F-1 visas
This program may be eligible for an Optional Practical Training extension for up to 36 months. This OPT
work authorization term may help international students gain skills and experience in the U.S. Those
interested in an OPT extension should
review ASU degrees that qualify for the STEM-OPT extension at ASU's International Students and
Scholars Center website.
The OPT extension only applies to students on an F-1 visa and does not apply to students completing the
degree through ASU Online.
84 credit hours, a written comprehensive exam, an oral comprehensive exam, a prospectus and a dissertation
In addition to completing 60 credit hours beyond the bachelor's degree (30 credit hours beyond the master's degree) and 24 credit hours of research and dissertation, the doctoral student must accomplish five tasks:
- Meet the qualifying examination requirement.
- Present at least one area of emphasis.
- Pass the comprehensive examination (both written and oral components).
- Pass the dissertation proposal defense.
- Complete a dissertation with an oral defense.
Students should see the Department of Economics graduate student handbook for details concerning these tasks.
Applicants must fulfill the requirements of both the Graduate College and the W. P. Carey School of Business.
Applicants are eligible to apply to the program if they have earned a bachelor's or master's degree from a regionally accredited institution.
Applicants must have a minimum cumulative GPA of 3.00 (scale is 4.00 = "A") in the last 60 hours of their first bachelor's degree program, or a minimum cumulative GPA of 3.00 (scale is 4.00 = "A") in an applicable master's degree program.
All applicants must submit:
- graduate admission application and application fee
- official transcripts
- GRE scores
- three letters of recommendation
- proof of English proficiency
Additional Application Information
An applicant whose native language is not English must provide proof of English proficiency regardless of their current residency.
The Department of Economics requires applicants to send official scores from the GRE directly to Graduate Admission Services. Applications are not reviewed until the GRE scores are received. ASU does not accept the GRE® General Test at home edition.
The admission policy weighs several factors, including letters of reference, overall GPA, GRE scores and performance in selected mathematics and economics courses. There are no absolute standards for any of the factors, but performance on each should clearly suggest academic potential that is far above those of the normal undergraduate student.
Admission guidelines are available on the Graduate Admission Services website. Applicants should see the program website for application deadlines and admission terms.
When it comes to paying for higher education, everyone’s situation is different. Students can learn about
ASU tuition and financial aid options to find out which will work best for them.
Graduates with a W. P. Carey School of Business doctorate in economics embark on careers in research and academia, learning from thought leaders in their respective fields and gaining the resources of one of the largest universities in the U.S.
Career opportunities include:
- assistant professor
- economist
- research associate
What are accelerated programs?
Accelerated programs allow students the opportunity to expedite the completion of their degree.
3 year programs
These programs allow students to fast-track their studies after admission and earn a bachelor's degree in three years or fewer while participating in the same high-quality educational experience of a 4-year option. Students should talk to their academic advisor to get started.
Accelerated master's
These programs allow students to accelerate their studies to earn a bachelor's plus a master's degree in as few as five years (for some programs).
Each program has requirements students must meet to be eligible for consideration. Acceptance to the graduate program requires a separate application. Students typically receive approval to pursue the accelerated master’s during the junior year of their bachelor's degree program. Interested students can learn about eligibility requirements and
how to apply.
What are concurrent programs?
Concurrent degrees allow students to pursue their own personal or professional interests, earn two distinct degrees and receive two diplomas. To add a concurrent degree to your existing degree, work with your academic advisor.
What are joint programs?
Joint programs, or jointly conferred degrees, are offered by more than one college and provide opportunities for students to take advantage of the academic strengths of two academic units. Upon graduation, students are awarded one degree and one diploma conferred by two colleges.
What constitutes a new program?
ASU adds new programs to Degree Search frequently. Come back often and look for the “New Programs” option.
What are online programs?
ASU Online offers programs in an entirely online format with multiple enrollment sessions throughout the year. See
https://asuonline.asu.edu/ for more information.
What is WRGP (Western Regional Graduate Program)?
The Western Regional Graduate Program (WRGP) provides a reduced tuition rate to non-resident graduate students who qualify. Visit the WRGP/WICHE webpage for more information:
https://graduate.asu.edu/wiche.
Students from western states who select this major may be eligible for a reduced nonresident tuition rate of 150 percent of Arizona resident tuition plus all applicable fees. See more information and eligibility requirements on the Western Undergraduate Exchange (WUE) program
Web site.
check up to 3 programs to see a side-by-side comparison
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A minor is an approved, coherent focus of academic study in a single discipline, other than the student's major, involving substantially
fewer hours of credit than a corresponding major.
Certain major and minor combinations may be deemed inappropriate either by the college or department of the major or minor.
This is only the first required math course. This program may contain additional math courses; See Major Map for details.
The level of intensity represents a measure of the number and academic rigor of math courses required.
The level of intensity represents a measure of the number and academic rigor of math courses required. Courses included in the General level: MAT 142
The level of intensity represents a measure of the number and academic rigor of math courses required. Courses included in the Moderate level: MAT 117, MAT 119, MAT 170, MAT 210, SOS 101, CPI 200
The level of intensity represents a measure of the number and academic rigor of math courses required. Courses included in the Substantial level: MAT 251, MAT 265. MAT 266, MAT 267, MAT 270, MAT 271, MAT 272, MAT 274, MAT 275
Students pursuing concurrent degrees earn two distinct degrees and receive two diplomas. ASU offers students two ways to earn concurrent degrees: by choosing a predetermined combination or creating their own combination. Predetermined combinations have a single admissions application and one easy to follow major map. To add a concurrent degree to your existing degree, work with your academic advisor. Either way, concurrent degrees allow students to pursue their own personal or professional interests.
Concurrent degree programs are specially designed academic programs which provide high-achieving undergraduate students the opportunity to complete two distinct but complementary bachelor degrees at the same time. Students must meet minimum admissions standards for both programs and be accepted individually by both colleges offering the concurrent program.
Concurrent degree programs are specially designed academic programs which provide high-achieving graduate students the opportunity to complete two distinct but complementary graduate degrees at the same time. Students must meet minimum admissions standards for both programs and be accepted individually by both colleges offering the concurrent program.
Accelerated bachelor's plus master's degree programs are designed for high-achieving undergraduate students who want the opportunity to share undergraduate coursework with graduate coursework to accelerate completion of their master's degree. These programs feature the same high-quality curriculum taught by ASU's world-renowned faculty.
Accelerated bachelor's plus master's degree programs are designed for high-achieving undergraduate students who want the opportunity to share undergraduate coursework with graduate coursework to accelerate completion of their master's degree. These programs feature the same high-quality curriculum taught by ASU's world-renowned faculty.
A rolling deadline means that applications will continue to be reviewed on a regular basis until the semester begins. International students should be mindful of visa deadlines to ensure there is time to produce necessary visa documents. Applicants are encouraged to complete and submit application materials as soon as possible for consideration.
A final deadline means that all applications and application materials must be received by Graduate Admissions by the deadline date. Applications that are incomplete may not be considered after the final deadline. Applications that are submitted past the final deadline may not be considered.
A priority deadline means that applications submitted and completed before the priority deadline will receive priority consideration. Applications submitted after the priority deadlines will be reviewed in the order in which they were completed and on a space available basis. An application is complete after all materials are received by Graduate Admissions.
This program may be eligible for an Optional Practical Training extension for up to 36 months. This OPT work authorization term may help international students gain skills and experience in the U.S.Those interested in an OPT extension should review ASU degrees that qualify for the STEM-OPT extension at ASU's International Students and Scholars Center website. The OPT extension only applies to students on an F-1 visa and does not apply to students completing the degree through ASU Online.
