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Economics Doctor's Degree

Economics Doctor’s Degrees

There are 826 schools in the United States where you can earn adoctor’s degree in Economics.

Education Levels of Economics Majors

During the most recent year for which data is available, 45,628 people earned theirEconomics majors across all award levels. The following table shows the number of diplomas awarded in Economics at each degree level.

Education Level Number of Grads
Certificate 1
Associate’s Degree 4,406
Bachelor’s Degree 34,393
Master’s Degree 5,419
Doctor’s Degree (this page) 1,409

Earnings of Economics Majors With Doctor’s Degrees (All Award Levels)

The U.S. Department of Education reports a median salary for graduates with adoctor’s degree in Economics of $74,609 four years after graduation. These figures are reported program-wide, across all award levels.

However, this can depend on a number of factors, such as where you live and the number of years of experience you have.

Years After Graduation Median Earnings
1 year $56,270
4 years $74,609
5 years $87,950

Source: U.S. Department of Education College Scorecard, field-of-study earnings tracker (program-wide, all award levels).

Student Debt (All Award Levels)

The data on debt ranges for Economics majors who have their doctor’s degree is not currently available.

There are 937 colleges that offer a doctor’s degree in Economics. Learn more about the most popular below:

University of California-Los Angeles tops the list of the most popular schools in the U.S. for Economics majors seeking their doctor's degree. This school awarded 1,017 doctor's degrees in Economics in the most recent reporting year. Graduates who complete their doctor's degree in Economics here go on to a median salary of $40,669.

University of Michigan-Ann Arbor is a popular choice for Economics majors seeking their doctor's degree. During the most recent year for which we have data, 838 people received their doctor's degree in Economics from this school. Data shows that graduates who hold this degree go on to make a median salary of $40,669.

#3

University of Chicago

Chicago, IL

University of Chicago comes in at #3 on our list of the most popular colleges offering doctor's degrees in Economics. This school awarded 828 doctor's degrees in Economics in the most recent reporting year. Graduates who complete their doctor's degree in Economics here go on to a median salary of $40,669.

University of Wisconsin-Madison is a popular choice for Economics majors seeking their doctor's degree. This school awarded 804 doctor's degrees in Economics in the most recent reporting year. Graduates who complete their doctor's degree in Economics here go on to a median salary of $40,669.

#5

New York University

New York, NY

New York University is a popular choice for Economics majors seeking their doctor's degree. This school awarded 774 doctor's degrees in Economics in the most recent reporting year. Graduates who complete their doctor's degree in Economics here go on to a median salary of $40,669.

University of California-Santa Barbara is a popular choice for Economics majors seeking their doctor's degree. This school awarded 729 doctor's degrees in Economics in the most recent reporting year. Graduates who complete their doctor's degree in Economics here go on to a median salary of $40,669.

University of California-Berkeley comes in at #7 on our list of the most popular colleges offering doctor's degrees in Economics. During the most recent year for which we have data, 707 people received their doctor's degree in Economics from this school. Data shows that graduates who hold this degree go on to make a median salary of $40,669.

#8

Johns Hopkins University

Baltimore, MD

Johns Hopkins University comes in at #8 on our list of the most popular colleges offering doctor's degrees in Economics. During the most recent year for which we have data, 645 people received their doctor's degree in Economics from this school. Graduates who complete their doctor's degree in Economics here go on to a median salary of $40,669.

Columbia University in the City of New York is a popular choice for Economics majors seeking their doctor's degree. During the most recent year for which we have data, 528 people received their doctor's degree in Economics from this school. Data shows that graduates who hold this degree go on to make a median salary of $40,669.

University of California-Davis is a popular choice for Economics majors seeking their doctor's degree. During the most recent year for which we have data, 487 people received their doctor's degree in Economics from this school. Data shows that graduates who hold this degree go on to make a median salary of $40,669.

University of North Carolina at Chapel Hill is a popular choice for Economics majors seeking their doctor's degree. During the most recent year for which we have data, 486 people received their doctor's degree in Economics from this school. Data shows that graduates who hold this degree go on to make a median salary of $40,669.

Texas A&M University-College Station comes in at #12 on our list of the most popular colleges offering doctor's degrees in Economics. This school awarded 483 doctor's degrees in Economics in the most recent reporting year. Data shows that graduates who hold this degree go on to make a median salary of $40,669.

University of Connecticut is a popular choice for Economics majors seeking their doctor's degree. During the most recent year for which we have data, 471 people received their doctor's degree in Economics from this school. Graduates who complete their doctor's degree in Economics here go on to a median salary of $40,669.

#14

Boston College

Chestnut Hill, MA

Boston College is a popular choice for Economics majors seeking their doctor's degree. During the most recent year for which we have data, 460 people received their doctor's degree in Economics from this school. Graduates who complete their doctor's degree in Economics here go on to a median salary of $40,669.

University of Illinois Urbana-Champaign comes in at #15 on our list of the most popular colleges offering doctor's degrees in Economics. This school awarded 444 doctor's degrees in Economics in the most recent reporting year. Graduates who complete their doctor's degree in Economics here go on to a median salary of $40,669.

University of Massachusetts-Amherst comes in at #16 on our list of the most popular colleges offering doctor's degrees in Economics. This school awarded 442 doctor's degrees in Economics in the most recent reporting year. Data shows that graduates who hold this degree go on to make a median salary of $40,669.

The University of Texas at Austin comes in at #17 on our list of the most popular colleges offering doctor's degrees in Economics. This school awarded 440 doctor's degrees in Economics in the most recent reporting year. Graduates who complete their doctor's degree in Economics here go on to a median salary of $40,669.

#18

Harvard University

Cambridge, MA

Harvard University is a popular choice for Economics majors seeking their doctor's degree. This school awarded 423 doctor's degrees in Economics in the most recent reporting year. Graduates who complete their doctor's degree in Economics here go on to a median salary of $40,669.

University of California-Irvine is a popular choice for Economics majors seeking their doctor's degree. This school awarded 412 doctor's degrees in Economics in the most recent reporting year. Graduates who complete their doctor's degree in Economics here go on to a median salary of $40,669.

#20

Northwestern University

Evanston, IL

Northwestern University is a popular choice for Economics majors seeking their doctor's degree. This school awarded 404 doctor's degrees in Economics in the most recent reporting year. Data shows that graduates who hold this degree go on to make a median salary of $40,669.

Economics Focus Areas

Major Annual Degrees Awarded
Econometrics and Quantitative Economics 22,727
Economics, General 21,627
Development Economics and International Development 375
Applied Economics 368
International Economics 281

Below are some popular majors similar to Economics that also offer doctor’s degrees.

Major Annual Degrees Awarded
Political Science and Government 44,942
Sociology 31,380
Social Sciences, General 17,510
International Relations and National Security Studies 13,035
Anthropology 10,768

References

The racial-ethnic minority student count is calculated by taking the total number of students and subtracting white students, international students, and students whose race/ethnicity was unknown. This number is then divided by the total number of students to obtain the percentage of racial-ethnic minorities.

More about our data sources and methodologies.

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