Ph.D. Economics


Majors: Economics, Agricultural Economics

The department offers a Ph.D. program with two majors (Economics and Agricultural Economics). The Iowa State Economics Ph.D. program ranks highly in national surveys, whether judged by research activity, faculty productivity, student support, or quality of education.

Career Placements

Providing rigorous training in theoretical and applied economics, the Ph.D. program leads to careers in teaching, research, and more. Our Ph.D. graduates’ job placements show they fill vital positions in academia, government, and business around the world.

Application and Admission

Admission to the Ph.D. program and financial assistance is based on a combination of factors: prior coursework and performance, and TOEFL (international students) results, letters of recommendation, and statement of purpose. (GREs are optional.) Applications are evaluated both individually and in relation to other applicants to the program.


Iowa State University offers Doctorate degrees in both Economics and Agricultural Economics. Find out more information about the Ph.D. curriculum by exploring the progress guidelines found on the Ph.D. curriculum page. The progress guidelines for Ph.D. students are the same regardless of major (Economics or Agricultural Economics).

Costs and Financial Assistance

Learn about tuition, fees, housing, and other expenses. For Ph.D. students, the standard financial aid offer is a half-time assistantship paying a stipend of $18,550 per academic year (9-month appointment) in the first year. Additional benefits include tuition scholarships and health insurance. Find out more about financial assistance.


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Contact us

Want more information about course requirements and how a graduate degree in economics can satisfy your particular needs? Contact us at or (515) 294-2702.