Rensselaer Polytechnic Institute

PhD in Applied Economics and Policy

Troy, United States4 yearsTaught in EnglishOpen to international students

About PhD in Applied Economics and Policy

Tuition fees for PhD in Applied Economics and Policy are 60,360 USD per year.

The PhD in Applied Economics and Policy at Rensselaer Polytechnic Institute is a doctoral program for students who want to study economics in depth. This PhD degree takes several years to complete and helps students develop skills to analyze complex economic issues and make informed policy decisions.

The curriculum includes coursework that helps students develop skills in data analysis, economic modeling, and policy evaluation. Students also work closely with faculty advisors to develop their research skills and complete a dissertation. The program's location near New York City and Boston provides many opportunities for students to network with professionals in their field.

Graduates of this program can work as economic consultants, policy analysts, research economists, or professors. They can find jobs in government agencies, private companies, or non-profit organizations. Some potential employers include the Federal Reserve, the World Bank, or private consulting firms.

About Rensselaer Polytechnic Institute

Rensselaer Polytechnic Institute (RPI), established in 1824 in Troy, New York, is a research-intensive university with a deep focus on science, engineering and technology innovation. With about 7,500 students, including a significant international cohort, RPI emphasizes interdisciplinary study, hands-on research and entrepreneurship. The institute’s long history in technological education is matched by modern facilities and centers that encourage students to turn ideas into tangible projects and startups.

RPI’s academic strengths span engineering, computer science, architecture, cognitive science and applied sciences across undergraduate and graduate programs. The curriculum integrates lab work, project-based courses and research opportunities with faculty who lead funded projects and industry collaborations. Students benefit from maker spaces, advanced laboratories and incubators that support capstone projects, patents and launch-ready ventures. Cooperative education, internships and industry partnerships create direct pathways from study to employment.

Campus life at RPI blends a close-knit academic community with access to regional industry in the Albany-Troy corridor. International students find comprehensive support services, orientation programs and professional advising to navigate study, work authorization and career placement. Graduates are sought after for technical roles, research positions and entrepreneurial careers, reflecting RPI’s focus on practical problem solving, innovation and real-world impact.

English Test Requirement

This program asks forIELTS 5.5-6.0. Here's what that's worth on the other tests universities accept, based on the official concordance tables:

Duolingo

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85–95

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TOEFL iBT
46–59
PTE Academic
42–49
CEFR level
B1/B2
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Equivalences are approximate — confirm the exact test and score the program accepts.

PhD in Applied Economics and Policy: Frequently Asked Questions

What are the fees for PhD in Applied Economics and Policy?
Tuition: USD 60,360 per year. Application fee: USD 75. Service fee: USD 100.
What are the entry requirements for PhD in Applied Economics and Policy?
Entry requirements include: Education: Master's Degree; Academic performance: Grade A (70%+, GPA 3+); English: IELTS 5.5-6.0; Minimum age: 18.
Is PhD in Applied Economics and Policy available online?
This is an on-campus program at Rensselaer Polytechnic Institute in Troy.

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