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Key information
Duration
Full-time — 60 months
Start dates & application deadlines
Starting August 2027
Apply before December 2026
Language
English
TOEFL iBT: 100
IELTS: 6
Delivered
On Campus
Campus Location
Philadelphia, United States
Disciplines
Economics
Overview
Key facts
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.
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
Admission requirements
Academic requirements
GRE — Required
GMAT — Required
English requirements
TOEFL iBT: 100
IELTS: 6
Other requirements
General requirements
Letters of Recommendation
Transcripts & Academic History
Essays
Standardized Test Scores
Application Fee
Fees and funding
Tuition Fees
International (Non-residents): 64,312 AUD / year (≈ 44,792 USD / year)
Out-of-State: 64,312 AUD / year (≈ 44,792 USD / year)
Most of our PhD programs are fully funded, meaning the program will pay for your tuition and fees, as well as provide you with a minimum stipend of $39,425.
Living costs — Philadelphia, United States
1,885-3,279 AUD / month
Funding
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.
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