About PhD Program,
Wharton’s highly selective PhD program in Applied Economics 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.
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. 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. You can find the list of Applied Economics Faculty here. 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.
For more information on courses, please visit the University Graduate Catalog.
PhD Program Degree Eligibility with GPA,
Students will be required to master core materials in economic theory covering the topics of household decision-making, production theory, theory of markets and market failure, game theory, decision-making under uncertainty, and resource allocation in dynamic economies. The following courses will satisfy the three-course economic theory requirement:
In addition to the core theory and econometrics materials, students will be required to master two applied fields by passing two courses in each field. Students will be free to offer their own field as a substitute with approval of the graduate group chair and (when relevant) an appropriate advisor from another Wharton graduate group.
PhD Funding Coverage,
All admitted Wharton doctoral students receive a fellowship that covers the cost of tuition and health insurance, and provides a stipend.
It is expected that a similar level of financial aid may be awarded for up to 5 years. All financial aid awards are contingent upon a student’s satisfactory academic progress.
All applicants are responsible for the non-refundable $80 application fee, which must be paid before any action can be taken on an application. The application fee cannot be waived, there are no exceptions. This payment must be made online by credit card via the online application.
Application Requirement,
Letters of recommendation
Transcripts of your academic work
Personal Statement essay
GMAT and GRE test scores
Convicted information
Generative AI
Application Deadline,
Dec 15, 2024
Application Fee,
A nonrefundable application fee of $80 must accompany your application.
