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Applied Economics, Ph.D.

  • Application Deadline
  • 48 months
    Duration
University rank #15 (QS) , PA,
Wharton’s highly selective PhD program in Applied Economics at the University of Pennsylvania offers students many resources not available at other institutions, such as 1:1 faculty to student ratio, five years of funding, and minimal teaching requirements.

About

Combining the faculties of the departments of Real Estate and Business Economics & Public Policy, Wharton’s Applied Economics program leverages the breadth and depth of its faculty to prepare students for careers doing frontier theoretical and empirical research. 

With the Applied Economics at the University of Pennsylvania students can focus on a variety of research areas, including Behavioral Economics, Development and International Economics, Energy and Environmental Economics, Health Economics, Industrial Organization and Regulation, Labor Economics, Law and Economics, Market Design, Public Economics, Risk and Insurance, Urban Economics and Real Estate. 

Students may also develop an inter-disciplinary focus by taking courses and working with faculty in some of the other departments at Wharton such as Finance, Health Care Management, Management, and Marketing.

Detailed Programme Facts

  • Programme intensity Full-time
    • Full-time duration 48 months
  • Languages
    • English
  • Delivery mode
    On Campus

Programme Structure

Courses include:

  • Microeconomic Theory 
  • Macroeconomic Theory
  • Development Economics
  • Industrial Economics and Business Regulation
  • Market Design
  • Public Economics and Political Economy
  • Urban Economics and Real Estate
  • Behavioral Economics

English Language Requirements

  • Minimum required score:

    7.5

    The IELTS – or the International English Language Test System – tests your English-language abilities (writing, listening, speaking, and reading) on a scale of 1.00–9.00. The minimum IELTS score requirement refers to which Overall Band Score you received, which is your combined average score. Read more about IELTS.

    Schedule IELTS
  • Minimum required score:

    100

    The TOEFL iBT ® measures your English-language abilities in an academic setting. The test has four sections (reading, listening, speaking, and writing), each with a score range of 0-30, for a total score range of 0-120. Read more about TOEFL iBT ®.

    Schedule TOEFL®
  • Minimum required score:

    600

    The TOEFL®PBT is administered in a paper format and measures your ability to use and understand English in a classroom setting at the college or university level. It accurately measures how well you can listen, read and write in English while performing academic tasks. Read more about TOEFL®PBT.

    Schedule TOEFL®

General Requirements

  • Letters of recommendation 
  • Transcripts
  • Academic history
  • Essay

Tuition Fee

  • International

    39470 USD/year
    Tuition Fee
    Based on the original amount of 39470 USD per year and a duration of 48 months.
  • National

    39470 USD/year
    Tuition Fee
    Based on the original amount of 39470 USD per year and a duration of 48 months.
We've labeled the tuition fee that applies to you because we think you are from and prefer over other currencies.

Living costs for Philadelphia

  • 1313 - 2290 USD/month
    Living Costs

The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.

Funding

FINANCIAL AID:

All admitted Wharton Doctoral students are provided guaranteed funding for five years that covers the cost of tuition, fees, health insurance, and provides a stipend. In contrast with other top Economics PhD programs, we only require one semester of teaching assistant work during the third year of the program, and one semester of research or teaching assistant work during the fourth year. All financial aid awards are contingent upon a student's satisfactory academic progress.

Studyportals Tip: Students can search online for independent or external scholarships that can help fund their studies. Check the scholarships to see whether you are eligible to apply. Many scholarships are either merit-based or needs-based.

The Global Study Awards: get funded with up to £10,000 to study abroad

Together with the ISIC Association and British Council IELTS, Studyportals offers you the chance to receive up to £10000 to expand your horizon and study abroad. We want to ultimately encourage you to study abroad in order to experience and explore new countries, cultures and languages.

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