PhD Economics full form is Doctor of Philosophy in Economics. It is the highest qualification one can acquire in the field of Economics. It is a doctoral-level degree. It is a degree in Economics that pertains to research and analysis. Its primary focus is on the theoretical applications of Economics as it is an academic degree.

There is no fixed duration for this course and it usually takes about 3 to 6 years to complete. All master’s degree holders are eligible to apply for the course. However, some colleges may allow only those who have completed an MA in Economics, MSc in Economics or MPhil in Economics.

Candidates can pursue PhD in Economics in regular as well as distance or correspondence modes of education from many colleges across India. The admission process for a PhD in Economics involves appearing for entrance exams such as GATE and UGC NET, research proposal submission and clearing the interview round.

Some of the top colleges in India that offer PhD in Economics course are Guru Nanak Dev University, Lovely Professional University and Chandigarh University (CU). The PhD in Economics course fee ranges between INR 3900 and INR 6.5 Lakh. The average salary of a candidate after completing PhD in Economics is around 8.85 LPA in India. On completing the course, they can work in various job profiles such as Auditors, Stockbrokers, Media Analysts, Actuaries, Lecturers, Professors, Bankers, Economists, Econometricians and Public Relations Officers in government and private sector