Lehigh University, based in Bethlehem, Pennsylvania offers a fully funded PhD in Business and Economics. Lehigh’s Ph.D. in Business and Economics is a full-time program in economics offering fields of specialization in health economics, applied econometrics, empirical macroeconomics, and labor economics. All students accepted into the Ph.D. Programs are offered funding packages that guarantee, subject to satisfactory progress, four academic years of tuition remission and a monthly stipend (9 months per year) to cover living expenses. Though not guaranteed, almost all students in the past also received funding in their fifth year.