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Our Economics PhD Program is renowned for its distinguished faculty, whose groundbreaking work has shaped contemporary economic thought. The Chicago School of Economics traces its origins to the University of Chicago. The Economics PhD Program offers specializations in diverse areas such as price theory, market dynamics, industrial organization, labor economics, financial markets, business cycles, economic development, and international trade. PhD candidates benefit from extensive course options within the University of Chicago's Kenneth C. Griffin Department of Economics and Chicago Booth School of Business.
Applicants to our graduate and professional programs are expected to be enrolled in or to have completed a bachelor’s degree or its equivalent from an accredited college or university. Applicants from a three-year bachelor’s program will be given due consideration. Because all of our programs feature competitive admission, no particular academic degree or background will guarantee admission to one of our graduate divisions.
English language requirements:
The minimum required score for the TOEFL is 104 overall, with 4 sub scores of 26 each. Minimum required scores in the IELTS are an overall score of 7, with sub scores of 7 each.