Should You Get a PhD in Economics? Links and Resources
After finishing high school many students think of applying for university and getting at least a Bachelor’s degree. After 3 to 5 years of studying some choose to take their first degree and join the job market, while others decide to continue in university to complete a Masters Degree or even a PhD through additional academic and/or applied research. If you are thinking about taking this final step and doing your PhD, but you are still not sure whether it is right for you, check out the links below to see what you can expect from a PhD program.
1) General ideas about doing a PhD and your prospects after graduation in “Considering Graduate School in Economics?” by Bill Craighead, Wesleyan University.
2) "How to successfully apply to a PhD in Economics", a guide that covers the most relevant topics when preparing your PhD application.
3) Why a PhD can be a source of dissatisfaction and the negative aspects of obtaining this degree. A little bit less optimistic view-point from The Economist in their article “The disposable academic”.
4) Econ PhD: the level of math abilities and how high your GPA needs to be to enter a competitive program. These and some other useful information can be found in “A Guide for Undergraduates Considering a PhD in Economics” from Dick Startz, Professor of Economics UC Santa Barbara.
Suggested Opportunities
- PhD Program, Supplementary Course, Program
- Posted 1 week ago
Ph.D. Supplementary Courses
at Kiel Institute for the World Economy (IFW) in Kiel, Germany
- PhD Program, Supplementary Course, Program
- (Partially Online)
- Posted 4 weeks ago
International Doctoral Courses and Seminars in Health Economics and Policy
at Swiss Society of Health Economics (sggö) in Lucerne, Switzerland
- PhD Program
- Posted 1 month ago
PhD Scholarships in Health Economics for domestic and international students – Monash University, Melbourne
at Centre for Health Economics, Monash University in Australia
5) If you want to do a PhD but you are not sure if you can find an exciting thesis research topic, read the article“Ph.D. Thesis Research: Where do I Start?” by Don Davis from Columbia University.
6) Want to know how much Economics PhDs earn? Have a look at a snapshot from the “Survey of the Labor Market for New PhD Hires in Economics 2011-2012” or our Economics Job Market Report 2012.
7) Last but not least, if you have decided to pursue a PhD in Economics, but still haven’t found one, check out the selection of PhD courses and scholarships currently offered on the INOMICS website to find your perfect match.
Photo Credit: Visionello
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- Study Advice Article
8 Life Lessons You'll Learn Doing A PhD
Time management One of the first skills that you'll pick up in your PhD program is the ability to manage your own time. Unless you have an unusually overbearing supervisor, you will have to be responsible for organizing your own working days and making sure that your work gets done on time. This is excellent training for other roles later in your career in which you will have to allocate time for various tasks to meet deadlines. Browse our PhD program listings for economics
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- Study Advice Article, Career Advice Article
How to balance your PhD and your social life
Treat your PhD like a regular job One of the challenges of adjusting to life as a PhD student is the lack of a firm schedule or a definite structure. Although there are options for structured PhD programs, especially in the US, many PhD programs do not have required coursework or set work times. This can make it hard to know when you should be working, and conversely, when you are allowed to take time off.
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- Study Advice Article
5 key differences between American- and European-style PhD programs
This piece primarily focuses on the differences and similarities between economics PhD programs on the two sides of the Atlantic. I later discuss how an economics PhD is organized in other parts of the world, as many other countries have modeled their PhD programs on one of these two styles. Program duration The most striking difference between an American and European economics PhD is the expected duration of the program.
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