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Do you think statistics is helpful/important if i want to go to a phd in econ?

For those who want to go to a PHD in economics, is it better to continue to choose IUG(Integrated Undergraduate-Graduate Study) or go to a higher ranking master's program? currently top 50 public and top30 Econ department undergraduate

I am interested in pursuing a PhD in Political Economy, Institutional Analysis, and Political Economy of Development. Originally, I was convinced that Economics schools were the best route to study these fields coming from a Bachelor's degree in Econ, but the more research I've done, the more schools outside of Econ departments I've found that specialize in Political Economy. Several Economics schools like George Mason, Florida State, Clemson, and West Virginia were suggested to me for my research interests, and they certainly do have scholars interested in those fields at each of those schools. But I've come to find that several Public Policy (UChicago) schools and many Political Science (MIT, Duke, Columbia, etc.) schools offer Political Economy as concentrations. If this is what I want to study, which route would offer me the best opportunities after graduation, going into an Econ, Public Policy, or Political Science PhD? Any suggestions would be helpful, thank you!

Hey guys, I think I will soon be getting an offer to do a PhD Public Policy (I plan to major in comparative political economy and write my dissertation on that) from a uni at home. I basically can continue to live at home, no need to rent and they are giving me a good stipend (almost equal to what a fresh graduate makes in a full time job). I can save a very decent amount of money, not too different from working a full time job. My worry is the tenure track job market later as I heard Public Policy PhDs find it harder to land jobs. But I will write my dissertation on Comparative Political Economy hoping to go on the Comparative Political Economy job market. I also have a Masters in Political Science (majored in Political Economy, covered all coursework for PhD in Political Science already). I got another offer to do a PhD in Business Strategy overseas. I heard the tenure track job prospects for Business Strategy is good (strong demand) but it still feels risky to me. The stipend is quite low, I wont save any money and I feel it is a little hard to live on it (minimal entertainment and I eat a lot). I am fretting a little about these major choices now. I quit my job 2.5 months ago to focus on PhD applications so I can get time off for interviews and research the programmes properly and I am kind of sitting around pondering about these stuff ~~~ I think 2.5 months without a job is getting to me, interviews are mostly over and I plan to find a temp job asap. Both unis are ranked QS top 50 in the world.

Thanks to all. My dreams with the development of my country: Bangladesh. So i joined this forums for your kind suggestions.