PhD in Economics

Economics studies how individuals, businesses, and governments make decisions about producing, distributing, and consuming goods and services under conditions of limited resources. Students in this field typically study microeconomic theory, macroeconomic analysis, econometrics, and economic policy, developing skills in mathematical and statistical modeling used to analyze markets, trade, and economic growth. Coursework often covers how markets function, how government policies affect economic outcomes, and how economic data is collected and analyzed to test theories or forecast trends. Because economic analysis informs decisions across business, finance, and government, graduates in this discipline are prepared for roles in financial institutions, government economic and policy agencies, international organizations, consulting firms, and research institutes conducting economic analysis. The Economics program at Gyeongkuk National University is a doctoral (PhD) program delivered in English, based in Andong, South Korea. It runs over two years, with new students admitted in March or September. Doctoral study in economics typically combines advanced coursework in economic theory and quantitative methods with independent research leading to a dissertation, often focused on a specific area such as macroeconomic policy, international trade, or econometric modeling. Graduates from doctoral programs in economics are positioned for research careers at financial institutions, government agencies, and international organizations, as well as academic careers teaching and researching economics.