PhD in Economics

University of Chicago (United States) · The University of Chicago Edward H. Levi Hall 5801 S. Ellis Ave. Chicago, IL 60637

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The University of Chicago (UChicago) is a private research university in Chicago, Illinois. Founded in 1890, its main campus is located in Chicago's Hyde Park neighborhood. In Fall 2021, it enrolled 18,452 students, including 7,559 undergraduates and 10,893 graduate students.

The university is composed of an undergraduate college and five graduate research divisions, which contain all of the university's graduate programs and interdisciplinary committees. Chicago has eight professional schools: the Law School, the Booth School of Business, the Pritzker School of Medicine, the Crown Family School of Social Work, Policy, and Practice, the Harris School of Public Policy, the Divinity School, the Graham School of Continuing Liberal and Professional Studies, and the Pritzker School of Molecular Engineering. The university has additional campuses and centers in London, Paris, Beijing, Delhi, and Hong Kong, as well as in downtown Chicago.

Program Details:

Program Website

Basic Info

Institute

Booth School of Business

Degree

PhD

Duration

5-6 years

STEM Designated

Yes

Program

Economics

Expense

Living Expenses

USD 40800

Tuition Fee (Domestic)

USD 25200

Tuition Fee (International)

USD 25200

Eligibility

Minimum/ Avg Score

IELTS

TOEFL

100

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Deadlines:

Deadline Website

Intake Deadline 1

15 Dec, 2025

(August-2026)

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Document Required:

Degree Certificate

Common Document

You must submit academic records (transcripts or mark sheets) with grading scales for each year of college or university education completed or in progress, as well as copies of degrees awarded

Degree Transcript

Common Document

Please upload all academic records to the online application system. If you are admitted, you will be required to submit official academic records and official copies of degrees awarded (and official English translations where applicable). Photocopies and facsimiles of the documents are not acceptable.

Letter of Recommendation (LOR)

University Specific

We require all applicants to submit a minimum of two letters of recommendation (preferably from academic sources) as part of their application, although we will accept up to four.

Resume

Common Document

Please provide a current resume/CV of 1 to 2 pages.

Statement of Purpose (SOP)

University Specific

Please write a short essay (typically 2-4 pages) that describes your basic research interests. Describe your exposure, if any, to research in your field of interest. Include non-academic personal or work experiences only if they are directly relevant to the formation of your research interests. You may also use this space to briefly detail your long-term professional objectives.

Test Score Report

Common Document

1. IELTS/TOEFL 2. GRE

Writing Sample

University Specific

If you wish, you may upload one (1) research-related paper or abstract. Writing samples are recommended to be no longer than 30 pages. Applicants who would like to submit longer samples, such as an B.A/M.A. thesis, are strongly encouraged to provide an excerpt shorter than 30 pages and include a one-page coversheet contextualizing the excerpt within the larger body of work.

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FAQs

The tuition fees for both domestic and international students for the PhD in Economics at the University of Chicago are $77,300.
The next available intake for the PhD in Economics at the University of Chicago is in August 2026.
To apply for the PhD in Economics at the University of Chicago, you need to submit a Degree Certificate, Degree Transcript, Resume, Letter of Recommendation (LOR), Test Score Report, Writing Sample, and a Statement of Purpose (SOP).
For the PhD in Economics at the University of Chicago, the English proficiency requirements are an IELTS score of 7 or higher, or a TOEFL score of 100 or higher.
To apply for the PhD in Economics at the University of Chicago, you need to complete the online application form and submit all required documents, including your Degree Certificate, Degree Transcript, Resume, LOR, Test Score Report, Writing Sample, and SOP.
The University of Chicago offers various funding opportunities and scholarships for students enrolled in the PhD in Economics program. It is recommended to check the university's official website for detailed information on available scholarships.
The PhD in Economics program at the University of Chicago typically takes around 5 to 7 years to complete, depending on the student's research progress and dissertation completion.

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PhD in Economics

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