Ph.D. in Economics typically covers macroeconomics and microeconomics. However, this is a useful degree if you want to get a career in teaching or formally researching economic subjects. Once the proposal is approved and the oral exam passed, the final years of enrollment are dedicated towards the research, writing, and defense of a dissertation.
Many students are interested in pursuing higher studies in this subject. The major opportunity which lies in the field of Economics is that it is mainly involved in the field of Research. A Ph.D. degree should only be taken if a person has ample interests in research-oriented works. Mostly the PhDs are taken by people who are involved in the Academics field. This may result in better understanding of the particular field or subject in a better manner.
This could involve admissions in prestigious institutions and placements in blue-chip companies. Many of them have also been engaged in diverse fields ranging from civil society to policy making through their education, research, field action, and extension.
Students would be able to understand a wide range of theoretical debates in economics and business, analyze economic problems and evaluate the implications for economic policy and business planning & strategy after completing Ph.D. in Economics course
A master’s degree or Ph.D. in Economics is required for most economist jobs. An advanced degree is sometimes required for advancement to higher level positions.