Ph.D. in Economics

Whether you’re looking to engage in innovative academic research or provide economic leadership in government and business, Fordham’s Ph.D. program in economics will give you the specialized training you need to make a direct impact on the world.

You’ll work closely with our renowned faculty members, whose expertise extends to the classroom and the boardroom at the highest levels—and whose publishing credits include the bestselling textbook on international economics in the world. You’ll gain a broad knowledge of economic theory and quantitative methods while specializing in one of four tracks:

  • Development Economics focuses on evaluating economic policy, analyzing country risk, and assessing human development programs.
  • Financial Economics emphasizes portfolio selection, risk management, asset pricing, financial markets, and corporate finance.
  • International Economics provides the economic and analytical tools to address business and public policy problems that arise through foreign trade, investment, development assistance, and capital flows.
  • Monetary Economics centers on monetary theory—including inflation targeting and price setting behavior—and exposes students to dynamic stochastic general equilibrium models and vector autoregression techniques.

Program Highlights

  • Opportunity to take courses, pursue research, consult with faculty, and use the libraries at Columbia University, New York University, The New School, CUNY Graduate Center, Princeton University, Rutgers University, and Stony Brook University as part of the Inter-University Doctoral Consortium
  • Three-week intensive summer math camp to provide you with the mathematical foundations for success in your first year

Program Basics

  • Curriculum requires 21 courses beyond the bachelor’s degree for a total of 63 credits, including at least 11 courses (33 credits) beyond the Fordham MA degree in economics.
  • Certification required in macroeconomic theory and microeconomic theory as well as in three of the four fields of concentration offered
  • Courses offered in the late afternoon and evening to accommodate part-time students
  • Courses held at Fordham’s Rose Hill campus in the Bronx


Our graduates have gone on to careers in academia and as financial analysts, economists, and executives in several fields:

  • Multinational business
  • International banking
  • International public administration and government
  • Private sector and NGO development