Supply and Demand for New Ph.D.s in Economics
Source: Survey of the labor market for new PH.D. hires in economics 2011 – 12, Sam M. Walton College of Business, University of Arkansas:
179 of the institutions responding to the current survey are expecting to hire 172 new Ph.D.s for the 2011-12 academic year. The greatest demand is for the field of macro/monetary economics at 14.8 percent, followed by general economics at 12.2 percent, and microeconomics at 10.8 percent …
Ninety-one of the Ph.D. degree granting institutions responding to the survey report that they will have a total of 520 new Ph.D.s seeking employment for the 2011-12 academic year. About 8.5 percent of the job seekers are holdovers from the 2010-11 market…
Job seekers with specialties in macro/monetary economics (18.3 percent) constitute the greatest share of the supply followed by international economic (13.5 percent) and labor and demographic economics (10.6 percent).
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Why study at University of Applied Sciences Utrecht, Netherlands?
Programs available at HU This combination of conveying both knowledge and skills is key to the university experience at HU. As Lorenza explained, “The HU definitely allows a practical university experience. Although there is theory included in the courses, most of the projects consist in applying the theory to brands and experiences. It is an approach that not only helps students to be creative but also to be prepared for a future job.”
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- Yes it Does
Salaries in Economics: Does having a PhD Matter?
Now, with the release of the INOMICS Salary Report – based on the salary data of almost 2,000 economists – any uncertainty can be laid to rest and the question answered: in financial terms, yes, having a PhD does matter. In fact, to say that it matters is something of an understatement – such is its influence on an economist’s future earnings.
