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Course type

Qualification, university name, part time phd economics.

61 degrees at 38 universities in the UK.

Customise your search

Select the start date, qualification, and how you want to study

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Related subjects:

  • PhD Economics
  • PhD Applied economics
  • PhD Development Economics
  • PhD Environmental Economics
  • PhD Health Economics
  • PhD International Economics
  • PhD Social Economics

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  • Course title (A-Z)
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  • Price: high - low
  • Price: low - high

Health Economics PhD

Bangor university.

The PhDprogramme will provide students with research skills relevant to employment in the academic and university sector, Health Service Read more...

  • 3 years Full time degree: £4,712 per year (UK)
  • 5 years Part time degree: £2,356 per year (UK)

PhD Postgraduate Research in Economics

University of east anglia uea.

The PhD programme in Economics provides PGR students with the opportunity to follow the Doctoral Training Pathway in Economics by joining a Read more...

  • 6 years Part time degree: £2,356 per year (UK)

Economics, Accounting or Finance PhD

Oxford brookes university.

Economics is a broad discipline that helps us understand historical trends by studying the past, interpret today’s major challenges and Read more...

  • 3 years Distance without attendance degree
  • 4 years Distance without attendance degree
  • 4 years Part time degree: £2,356 per year (UK)

University of Hull

The Hull University Business School provides an inspirational environment for researchers in the early stages of their careers. We offer Read more...

PhD in Development Studies

Soas university of london.

The Department currently has 52 research students, working on a range of research topics in many parts of Asia, Africa, Latin America and Read more...

  • 3 years Full time degree: £4,860 per year (UK)
  • 6 years Part time degree: £2,430 per year (UK)

PhD Global Political Economy

University of bath.

This course is well-suited to those interested in analysing the diverse experiences and impacts of globalisation. Research political Read more...

  • 4 years Full time degree: £4,800 per year (UK)
  • 6 years Part time degree: £2,400 per year (UK)

Agri-Environmental Economics - PhD

University of kent.

Our four-year PhD programme provides rigorous training for careers in professional and academic economics. It offers a stimulating, Read more...

  • 4 years Full time degree: £4,712 per year (UK)

Economics, MPhil/PhD

The greenwich business school, university of greenwich.

Our economics research degree (MPhil/PhD) allows you to undertake rigorous and critical exploration of an area of economics with support Read more...

  • 1.5 years Full time degree
  • 2.5 years Part time degree

Economics PhD

University of liverpool management school, university of liverpool.

The University of Liverpool Management School’s (ULMS) Economics PhD programme has a long tradition of developing economists for the next Read more...

  • 2 years Full time degree: £4,712 per year (UK)

Economics MPhil/PhD

Birkbeck, university of london.

The MPhil/PhD in Economics will train you to conduct research of a high academic standard and to make original contributions to the Read more...

  • 7 years Part time degree: £2,500 per year (UK)

PhD Applied Social and Economic Research

University of essex.

For our PhD Applied Social and Economic Research, we offer supervision in quantitative research in sociology and other social sciences. Read more...

  • 4 years Full time degree: £4,786 per year (UK)
  • 7 years Part time degree: £2,393 per year (UK)

Health Economics & Health Technology Assessment PhD

University of glasgow.

Our aim is to be the world-leading centre for health economic and health technology assessment research and education, working to improve Read more...

  • 5 years Full time degree: £4,712 per year (UK)

Population Health Sciences PhD/MD/MPhil - Diabetes Research Centre

University of leicester.

The Department of Population Health Sciences offers supervision for the degrees of Doctor of Philosophy (PhD) - full-time and Read more...

  • 3 years Full time degree: £4,786 per year (UK)
  • 6 years Part time degree: £2,393 per year (UK)

Newcastle University

Our PhD in Economics programme aims to develop rigorous scholars who can advance both academic knowledge and practice in the area of Read more...

  • 36 months Full time degree: £4,712 per year (UK)
  • 72 months Part time degree: £2,356 per year (UK)

Brunel University London

Research profile Health Economics experts at Brunel aim to improve health and wellbeing through improved decision-making. We focus on Read more...

  • 6 years Part time degree: £2,355 per year (UK)

Economics MRes and MPhil/PhD

Ucl (university college london).

UCL Economics has an outstanding international reputation in the areas of game theory, fiscal policy, econometrics, applied Read more...

  • 4 years Full time degree: £26,200 per year (UK)
  • 7 years Part time degree: £13,100 per year (UK)

Economics PhDs and MPhils

University of portsmouth.

If you're ready to take your expertise in Economics into a postgraduate research degree, Portsmouth is the perfect place to realise your Read more...

MPhil/PhD in Economics, Policy and International Business

Manchester metropolitan university.

RESEARCH CULTURE We pride ourselves on delivering rigorous research that advances knowledge on the issues that matter on the contemporary Read more...

  • 3 years Full time degree: £4,850 per year (UK)
  • 6 years Part time degree

Development Studies, PhD

Swansea university.

A PhD or MPhil in Development Studies at Swansea enables you to pursue a substantial project led by your own passions and interests. It Read more...

PhD/MPhil Economics

City, university of london.

Our Economics research programme will develop your knowledge of advanced economic theory and econometric methods. Enabling you to produce Read more...

  • 2 years Full time degree: £5,110 per year (UK)
  • 4 years Part time degree: £2,560 per year (UK)

1-20 of 61 courses

Course type:

  • Distance learning PhD
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  • Part time PhD



  • Institute of Development Studies
  • University of Buckingham
  • University of Sussex
  • University of Aberdeen
  • King's College London, University of London
  • University of Reading
  • The University of Edinburgh
  • University of Lincoln
  • Loughborough University
  • University of Oxford
  • Keele University
  • University of Manchester
  • University of York
  • London South Bank University
  • University of Cambridge
  • University of Bristol
  • Newcastle University London
  • University of Exeter

Related Subjects:

Oxford Brookes University

Economics, Accounting or Finance

MPhil or PhD

Find a course

Start dates.

January 2024 / June 2024

Application deadline

Applications for international candidates must be received in full by:

  • 31 May 2024 (for September 2024 entry)
  • 30 September 2024 (for January 2025 entry)
  • 31 January 2025 (for June 2025 entry)

Applications for home and distance learning candidates must be received in full by:

  • 30 June 2024 (for September 2024 entry) - only entry for Doctor of Coaching & Mentoring
  • 31 September 2024 (for January 2025 entry)
  • 28 February 2025 (for June 2025 entry)

Distance learning

Course length

Full time: minimum 3 years

Part time: minimum 4 years

Oxford Brookes Business School

Funding status


Attend an open day or webinar

Write your research proposal

Apply direct

Economics is a broad discipline that helps us understand historical trends by studying the past, interpret today’s major challenges and predict trends about the future. It is the study of scarcity, that examines how people can use limited resources and respond to incentives or the study of decision making. It includes the study of wealth and finance (such as inclusive finance or the role of financial markets on economic development) as well as corporate governance and responsible accounting.

Our PhD research programme will develop your knowledge of advanced economic theory and econometric methods. An essential feature of the MPhil and PhD process is the close working relationship between research students and supervisors. Specialist training courses are provided through an initiative that Oxford Brookes Business School (OBBS) is part of, enabling you to to produce innovative research and pioneering research papers. We provide expert academic support and supervision alongside a commitment to your economics research.

Doctoral student

Research expertise

Our team of doctoral supervisors includes experts in the following research areas: Behavioural Economics, Experimental Economics, Environmental Economics, Economics of Sustainable Development, Macroeconomics, Applied Econometrics, Financial Economics, Financial Markets and Institutions, Corporate Governance, Corporate Social Responsibility, Responsible Accounting Practices.

If you study for a PhD in Economics, Accounting and Finance you will normally be linked to one of the four OBBS research centres depending on your chosen topic within Economics, Accounting or Finance. For example, the Centre of Business Society and Global Challenges (BSGC) or Oxford Regions Innovation, Enterprise Lab (ORIEL) .

For further information about how your proposed topic might fit please explore the research centre pages.

Institutes and Centres

  • Centre for Diversity Policy Research and Practice
  • International Centre for Coaching and Mentoring Studies
  • Centre for Business, Society and Global Challenges
  • Oxford Regions, Innovation & Enterprise Lab

Degree routes

All students enrol as probationer research students. The degree for which you register will depend on your academic qualifications and research experience. During the first year you will formally register your research proposal for one of the below routes.

If you undertake an MPhil you will:

  • critically investigate and evaluate an approved topic
  • demonstrate understanding of research methods appropriate to the chosen field
  • present and defend a substantial thesis by oral examination.

Thesis: 50,000 words

Length of study: Full-time: 2-3 years. Part-time: 3-4 years.

The criteria for a PhD are similar to those for an MPhil, with the key difference that:

  • the research carried out will result in an independent and original contribution to knowledge.

Thesis: 100,000 words

Length of study: Full-time: 3-4 years. Part-time: 4-6 years.

Why Oxford Brookes University?

You will benefit from:

  • a supervisory team of two to three supervisors who can provide the best combination of expertise to support your work
  • training courses in research methods provided by the Business School and wider University
  • regular seminars and learning activities at department, school and university level
  • experience of presenting work to different audiences
  • opportunities to network and discuss your work with staff and fellow students.
  • engage with our entrepreneurs in residence and visiting entrepreneurs
  • Work with local businesses
  • collaborative opportunities, including receiving industrial funding and sponsorship.

You will be supported in developing and sharing your expertise through:

  • opportunities to present at internal seminars and conferences
  • dupport in attending, and ultimately presenting at external conferences (some financial assistance is available)
  • training as an Associate Lecturer and the opportunity to engage in teaching activity on appropriate modules offered by the Business School.

Learning and assessment

While every candidate’s exact experience will vary according to their particular discipline, topic and methodology, there are a number of common elements that all students will undertake:

  • critically investigating and evaluating an approved topic
  • undertaking an analytical review of the existing literature in your topic area to set the theoretical context for your work and help demonstrate the gap in knowledge you will address
  • developing and then implementing a rigorous and appropriate methodology for researching your topic
  • demonstrating that your research conforms to all relevant ethical codes of practice
  • extensive primary field research, analysis and evaluation.

Your progression will be monitored through an annual process undertaken at the end of each academic year, and through two key progression points after approximately six months and eighteen months of study respectively.

Student looking at a laptop

Learning and teaching

Students on our Accounting, Finance and Economics courses can gain certification and experience of trading on the financial markets by making mock transactions using real-world financial market data. Read our in-depth news story to find out more.

Bloomberg Trading Suite News Article

oxford part time phd economics

Amina Mahmood Yakubu

Gender and Education: An Economic Analysis of Returns to Education in Nigeria

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oxford part time phd economics

Reginald Kadzutu

Impact of Exchange rate regime on the sensitivity of expected return to macro-economic factors in the APT framework

oxford part time phd economics

Wachuku Johnson

The effect of the corporate governance framework on UK banks

How to apply

Entry requirements.

Applicants should have a good honours degree and a good master's degree at merit level or above that includes a thesis component.

Applicants with equivalent experience will be considered.

Application process

  • Complete your research proposal
  • Gather your supporting documents (listed below)
  • Make a direct application .

If you have any difficulty completing your application, please visit our Frequently Asked Questions page .

Supporting documents

When applying for this programme of study please upload all of the required supporting documents listed below to the online application portal .

We suggest merging your supporting documents into a single PDF file. Please note there are two specifically designated options for you to upload your two references to.

  • copies of your previous degree transcripts and certificates (both undergraduate and postgraduate)
  • a scan of your passport
  • two academic references
  • a 2,000-word Research Topic Proposal
  • evidence of funding (we require evidence of personal funds or letter from funder if being sponsored)
  • international students must also provide an English Language Certificate with an IELTS score of at least 7.0.

Tuition fees

Fees quoted are for the first year only. If you are studying a course that lasts longer than one year, your fees will increase each year.

For International fees the following factors will be taken into account by the University when it is setting the annual fees: inflationary measures such as the retail price indices, projected increases in University costs, changes in the level of funding received from Government sources, admissions statistics and access considerations including the availability of student support. 

Home fees are set by UK Research and Innovation (UKRI) and are released approximately five months before the start of each academic year.

If you have any questions about fees, get in touch with the Research Degrees Team at  [email protected] .

How and when to pay

Tuition fee instalments for the semester are due by the Monday of week 1 of each semester. Students are not liable for full fees for that semester if they leave before week 4. If the leaving date is after week 4, full fees for the semester are payable.

  • For information on payment methods please see our Make a Payment page.
  • For information about refunds please visit our Refund policy  page

Compulsory costs

Optional costs, funding your studies, financial support and scholarships.

Featured funding opportunities available for this course.

All financial support and scholarships

View all funding opportunities for this course

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Graduate Offer Holders' FAQs

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Frequently asked questions

Course and college information, what is the typical size of the mphil.

We aim for, at most, 80 students.

Which Colleges take MPhil students?

A wide number of colleges take Economics MPhil students. Please refer to the university webpage for all graduate colleges, and use the search function to query the Economics MPhil specifically: https://www.ox.ac.uk/admissions/graduate/colleges/college-listing

When do we find out which college we have been placed into?

Once you have an offer from the department it usually takes 8-10 weeks to receive your college place, sometimes longer:  https://www.ox.ac.uk/admissions/graduate/after-you-apply/decision-timeline

How likely is it that we will get college accommodation?

This depends on the availability at your college, and there is some heterogeneity across colleges in the range of accommodation that they offer. Your college Bursar or accommodation team are best placed to advise you on your options.

Course content

What will we study in year 1 of the mphil in economics.

The first year of the Further Mathematical Methods programme starts with a non-examined preparatory course in mathematical methods. The first two terms of the academic year focus on three compulsory courses in the central areas of microeconomics, macroeconomics and econometrics. The three courses are offered on two levels. Most students will take the courses at the core level. However, you can apply to start directly at the advanced level, which is targeted at future DPhil students who already have had ample economics training before starting the MPhil. Students who take the core level courses in the first year can take any advanced level course in the second year. In the third term, you can choose from two entirely new courses in Empirical Research Methods and Further Mathematics Methods. These courses will provide the specialised skills needed for academic or non-academic careers in our data-rich world and the technical tools for research in economics.

What will we study in year 2 of the MPhil in Economics?

In the second year, you will take four option courses. The option courses build on the first-year training and provide deeper and broader training in your areas of interest. You can take advanced-level courses in macroeconomics, microeconomics, econometrics and empirical research methods covering recent developments in theory and analytical techniques. Other option courses are designed to develop knowledge and understanding of theory, empirical techniques and debates within specialist fields of economics. These include behavioural economics, development economics, economic history, financial economics, international trade, labour economics and public economics.

Are MPhils able to take or audit courses from other departments?

It is possible to audit courses. The tradition in Oxford is that lectures are public within the University and that any member of the University is permitted to attend any lecture in any course.

Would it be advised to take both Core Empirical Research Methods and Advanced Maths for those planning to stay for PhD?

DPhil students can normally be expected to take further courses in their “3rd year” (i.e. after having completed their MPhil). This is to ensure that they have all the necessary skills for their research. Precisely which courses students take depends on the student, their academic background and the type of research they are doing. This means that it is possible for DPhil students to pick up, for example, Advanced Maths in their 3rd year, after the MPhil. It is not therefore necessary for a prospective DPhil student do both papers during the MPhil.

Regarding maths: What undergraduate maths courses are most used / relied on, etc.?

Real analysis, linear algebra and probability and statistics.

Extracurricular and job opportunities

How’s oxford as a town (i.e. museums, stage arts, pubs, cafes, etc.).

Oxford has a lively city centre, and you can frequently find students studying in the cafes. Oxford students get free entry to all the museums, colleges, and gardens in the city, giving you plenty of options for entertainment. There are two main theatres plus the Oxford Uni and independent theatre scenes. There are also countless pubs you will get to know!

Are we allowed to pursue part-time work external to the university, during term time?

Additional work is dependent on your visa status (if any) and how much time you have. Many MPhils find they do not have time outside of their studies for additional work, however, there is nothing to say you are not allowed to pursue part-time work. The University recommends that full-time graduate students on a taught course should generally regard their studies as a full-time occupation of at least 40 hours per week and recommends that students do not undertake more than 8 hours paid work each week while studying. For more information:   https://academic.admin.ox.ac.uk/policies/paid-work-guidelines-graduate-students

What are the paid research opportunities available at the department?

We operate a scheme for Research Assistants which MPhil students are eligible to take part in. Through this scheme, Faculty staff hire students to help on research projects typically (but not exclusively) during the summer vacation. Note that students are paid for RA work – this is not an unpaid internship.

What kind of options and opportunities are there for skill development both inside and outside the classroom?

As part of the MPhil we focus on academic skills training in Trinity Term of Year 1. Two courses are offered, “Advanced Maths” and “Core Empirical Research Methods” and students can take either or both. The former focuses on mathematical skills (principally Real Analysis and Measure Theory) designed to help with the development of Economic and Econometric Theory, and the latter focusses on computational skills taught through practical exercises in “R” (a statistical computing environment). Outside of the Department students can take advantage of a wide range of not-for-credit courses, from modern languages to advanced research computing, as well as accessing a wide range of resources provided through the University’s Careers Service.

Graduate prospects and progressing to DPhil

Is there a list of positions taken up by graduates after this degree.

Each year around 10-20 MPhil students proceed to the DPhil in Economics at Oxford. Others go on to doctoral programmes elsewhere or embark on careers as professional economists in the private or public sector.

Examples from recent graduating cohorts include doctoral programmes at Cambridge, Harvard, MIT, EUI, NYU, Northwestern and Stanford University California; employment with the Bank of England, Bank of Japan, European Central Bank, ODI Fellow, Morgan Stanley London, Goldman Sachs, Hong Kong Monetary Authority and the UK Government.

We are in the process of collating further year-specific information.

What is considered in an internal DPhil application?

Your application will be based on a portfolio which includes good performance on the MPhil, a sound research proposal and the strong commitment from prospective Doctoral Supervisors.

How many students applied from the MPhil to the DPhil last year? How many were accepted?

Whilst DPhil admissions fluctuate from year-to-year, normally around 20 students start the DPhil each year. Past cohort numbers are not indicative, as the MPhil has changed structure considerably. However, we expecting to see a continued trend where the vast majority of DPhil students were drawn from the MPhil, to continue.

What are the funding packages like in the DPhil?

Please refer to our webpage on graduate funding https://www.economics.ox.ac.uk/graduate-funding   Along with the changes in the MPhil program, we are also revamping and increasing DPhil funding, and the expectation is that the vast majority of starting DPhils will be fully-funded through a mix of bursaries and teaching assistantships.

If an Oxford University MPhil student would like to advance to the DPhil stage, are we assessed with all other external DPhil applications?

Related people.

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MRes/PhD Economics

  • Graduate research
  • Department of Economics
  • Application code L1U4
  • Starting 2024
  • Home full-time: Closed
  • Overseas full-time: Closed
  • Location: Houghton Street, London

This programme offers you the chance to undertake a substantial piece of work that is worthy of publication and which makes an original contribution to the field of economics. You will begin on the MRes degree, and will need to meet certain requirements to progress to the PhD.

The Department of Economics pioneered the development of systematic research training in economics in Britain and our MRes/PhD Economics aims for the highest international standard of achievement and professional competence. The programme offers structured research training and supervision by faculty prominent in their fields. It begins with two years of rigorous coursework, equipping you with the theoretical knowledge and analytical techniques necessary to proceed to the research component of the programme. 

Many research students are associated with the work of one of LSE's research centres. You could work with the Suntory and Toyota International Centres for Economics and Related Disciplines on areas ranging from development economics to public policy; or on research technology, growth and globalisation as part of the Centre for Economic Performance . You could contribute to major research programmes addressing the key issues of unemployment, inflation, fiscal and monetary policy, macroeconomic development and growth, financial markets, and changes in the world economy at the  Centre for Macroeconomics ; or specialise in risk management, asset pricing, financial institutions and corporate finance as part of the Financial Markets Group .

Programme details

For more information about tuition fees and entry requirements, see the fees and funding and assessing your application sections.

Entry requirements

Minimum entry requirements for mres/phd economics.

An upper second class honours (2:1) degree (or equivalent) in any field. Some preparation in economics, a strong mathematics background and evidence of research potential are essential. The goal of the MRes/PhD Economics is to train first class researchers. We will use all available information to assess research potential.

Competition for places at the School is high. This means that even if you meet our minimum entry requirement, this does not guarantee you an offer of admission. 

If you have studied or are studying outside of the UK then have a look at our  Information for International Students  to find out the entry requirements that apply to you.

GRE/GMAT requirement

GRE is required for all applicants. This must be no more than five years old on 1 October 2024 and must show full and percentile scores for all three sections. Most successful MRes/PhD Economics applicants score 166 or above in the quantitative section.

Find out more about GRE/GMAT

Assessing your application

We welcome applications for research programmes that complement the academic interests of members of staff at the School, and we recommend that you investigate  staff research interests  before applying.

We carefully consider each application on an individual basis, taking into account all the information presented on your application form, including your:

- academic achievement (including existing and pending qualifications) - statement of academic purpose - references - CV - research statement - GRE/GMAT

See further information on supporting documents

You may also have to provide evidence of your English proficiency. You do not need to provide this at the time of your application to LSE, but we recommend that you do.  See our English language requirements  for further information.

When to apply

The application deadline for this programme is 14 December 2023 . However, to be considered for any LSE funding opportunity, you must also have submitted your application and all supporting documents by this deadline. See the fees and funding section for more details.

Research statement

An application for entry to the MRes/PhD Economics should include a Research Statement, along with other required information  (Note: A separate sample of written work is not required as part of the MRes/PhD Economics application).

What should my Research Statement contain?

Your Research Statement should be submitted in place of the Outline Research Proposal, along with your application form and other required supporting documents, via the LSE online application system.

Please answer the following questions clearly and concisely. Max 200 words per question.

  • Why do you want to do research in economics?
  • Can you explain how your studies and experience make you suitable to do research in economics?
  • Which aspect of the PhD do you think you will like the most? Which will you dislike the most? Why?
  • Tell us about your favourite paper in economics. What do you like about it? How would you improve it?
  • Write a comment for a general audience on ONE of the following topics  (i) Is inequality good for growth?   (ii) Do immigrants take the jobs of native workers?   (iii) Is CEO compensation excessive?  (iv) Is universal minimum income a good idea?  (v) Overall, has central banks' move to inflation targeting has been a success?  (vi) Is culture an important determinant of differences in income per capita across countries?  (vii) Markets function well as information is aggregated efficiently through prices.  (viii) Elections are effective at disciplining politicians who do not have the public interest as their main goal.

How can I demonstrate research potential?

If you have served as research assistant for an economist please ask that person to write a letter focussing on your research skills and describe your experience – reference point 2 (above) of the research statement.

If not, please list any evidence you think would be valuable. Examples include but are not restricted to: experience working autonomously under stress without any guidance, demonstration of creativity in any form, experience of writing original research.

Fees and funding

Every research student is charged a fee in line with the fee structure for their programme. The fee covers registration and examination fees payable to the School, lectures, classes and individual supervision, lectures given at other colleges under intercollegiate arrangements and, under current arrangements, membership of the Students' Union. It does not cover  living costs  or travel or fieldwork.

Tuition fees 2024/25 for MRes/PhD Economics

Home students: £4,829 for the first year (provisional) Overseas students: £22,632 for the first year

The fee is likely to rise over subsequent years of the programme. The School charges home research students in line with the level of fee that the Research Councils recommend. The fees for overseas students are likely to rise in line with the assumed percentage increase in pay costs (ie, 4 per cent per annum).

The Table of Fees shows the latest tuition amounts for all programmes offered by the School.

The amount of tuition fees you will need to pay, and any financial support you are eligible for, will depend on whether you are classified as a home or overseas student, otherwise known as your fee status. LSE assesses your fee status based on guidelines provided by the Department of Education.

Further information about fee status classification.

Scholarships, studentships and other funding

The School recognises that the  cost of living in London  may be higher than in your home town or country, and we provide generous scholarships each year to home and overseas students.

This programme is eligible for  LSE PhD Studentships , and  Economic and Social Research Council (ESRC) funding . Selection for the PhD Studentships and ESRC funding is based on receipt of an application for a place – including all ancillary documents, before the funding deadline. 

For the MRes/PhD Economics, the funding deadline is the same as the application deadline for the programme: 14 December 2023

The Economics Department also has a number of scholarship packages for direct entry MRes/PhD students. After the first year of the MRes/PhD Economics, there are teaching and research assistantships available in the Department. Read more about funding opportunities through the  Economics Department .

In addition to our needs-based awards, LSE also makes available scholarships for students from specific regions of the world and awards for students studying specific subject areas.  Find out more about financial support.

External funding

There may be other funding opportunities available through other organisations or governments and we recommend you investigate these options as well.

Further information

Fees and funding opportunities

Information for international students

LSE is an international community, with over 140 nationalities represented amongst its student body. We celebrate this diversity through everything we do.  

If you are applying to LSE from outside of the UK then take a look at our Information for International students . 

1) Take a note of the UK qualifications we require for your programme of interest (found in the ‘Entry requirements’ section of this page). 

2) Go to the International Students section of our website. 

3) Select your country. 

4) Select ‘Graduate entry requirements’ and scroll until you arrive at the information about your local/national qualification. Compare the stated UK entry requirements listed on this page with the local/national entry requirement listed on your country specific page.

Programme structure and courses

Introductory course (mres).

In early September, before the academic year commences, you will begin your degree programme by taking the Introductory Mathematics and Statistics course.

First year (MRes)

In the first year of the programme you will take advanced core courses in microeconomics, macroeconomics and econometrics, to equip you with the theoretical knowledge and analytical techniques necessary for research. Permission must be obtained to sit Econometric Analysis as it is intended for students with a strong econometric background and an interest in pursuing a PhD with econometrics as the primary field.

Microeconomics for MRes students Introduces the basic analytical tools that are necessary to conduct research in any field in economics.

Macroeconomics for MRes students Covers topics in advanced macroeconomics with emphasis on fundamentals and applications to recent theoretical advances. Either Econometrics for MRes students Covers inference, classical and generalised linear regression, generalised regression methods, time-series, panel-data, and microeconometric methods, and specialised econometric methods. Or Econometric Analysis Gives an advanced treatment of the theory of estimation and inference for econometric models.

Second year (MRes)

In the second year, you will typically take two PhD field courses and write a research paper in your major field. Currently, there are economics PhD field courses covering: econometrics, international, labour, public, development, industrial, microeconomics, macroeconomics, political economy. In addition, there are PhD field courses offered in Corporate Finance and Asset Pricing. From the second year onwards, you will also participate in a departmental research seminar and a work in progress seminar allied to your major research field.

Research Paper in Economics A research paper, between 5,000 and 10,000 words, related to the student's designated major field, to be submitted mid-way through the Spring Term.

Two courses from a range of options

Upon successfully completing the MRes and progressing to the PhD, you will work on your research and write your PhD thesis. You will also take one further PhD field course. You will also attend Work in Progress seminars, where you present your research, as well as the weekly departmental seminar series closest to your major field.

One course from a range of options.

Second and subsequent years of the PhD programme

You will continue to work on your research and write a PhD thesis. You will also continue to attend Work in Progress seminars, where you present your research, as well as the weekly departmental seminar series closest to your major field.

For the most up-to-date list of optional courses please visit the relevant School Calendar page .

You must note, however, that while care has been taken to ensure that this information is up to date and correct, a change of circumstances since publication may cause the School to change, suspend or withdraw a course or programme of study, or change the fees that apply to it. The School will always notify the affected parties as early as practicably possible and propose any viable and relevant alternative options. Note that the School will neither be liable for information that after publication becomes inaccurate or irrelevant, nor for changing, suspending or withdrawing a course or programme of study due to events outside of its control, which includes but is not limited to a lack of demand for a course or programme of study, industrial action, fire, flood or other environmental or physical damage to premises.  

You must also note that places are limited on some courses and/or subject to specific entry requirements. The School cannot therefore guarantee you a place. Please note that changes to programmes and courses can sometimes occur after you have accepted your offer of a place. These changes are normally made in light of developments in the discipline or path-breaking research, or on the basis of student feedback. Changes can take the form of altered course content, teaching formats or assessment modes. Any such changes are intended to enhance the student learning experience. You should visit the School’s  Calendar , or contact the relevant academic department, for information on the availability and/or content of courses and programmes of study. Certain substantive changes will be listed on the  updated graduate course and programme information  page.

Supervision, progression and assessment


You will be assigned a lead supervisor (and a second supervisor/adviser) who is a specialist in your chosen research field, though not necessarily in your topic. Lead supervisors guide you through your studies.

Progression and assessment

In order to progress to each subsequent year of the programme, and to progress to PhD registration, you will need to meet specific progression requirements, such as achieving certain grades in your coursework.

Your final award will be determined by the completion of an original research thesis and a viva oral examination.

More about progression requirements

Student support and resources

We’re here to help and support you throughout your time at LSE, whether you need help with your academic studies, support with your welfare and wellbeing or simply to develop on a personal and professional level.

Whatever your query, big or small, there are a range of people you can speak to who will be happy to help.  

Department librarians   – they will be able to help you navigate the library and maximise its resources during your studies. 

Accommodation service  – they can offer advice on living in halls and offer guidance on private accommodation related queries.

Class teachers and seminar leaders  – they will be able to assist with queries relating to specific courses. 

Disability and Wellbeing Service  – they are experts in long-term health conditions, sensory impairments, mental health and specific learning difficulties. They offer confidential and free services such as  student counselling,  a  peer support scheme  and arranging  exam adjustments.  They run groups and workshops.  

IT help  – support is available 24 hours a day to assist with all your technology queries.   

LSE Faith Centre  – this is home to LSE's diverse religious activities and transformational interfaith leadership programmes, as well as a space for worship, prayer and quiet reflection. It includes Islamic prayer rooms and a main space for worship. It is also a space for wellbeing classes on campus and is open to all students and staff from all faiths and none.   

Language Centre  – the Centre specialises in offering language courses targeted to the needs of students and practitioners in the social sciences. We offer pre-course English for Academic Purposes programmes; English language support during your studies; modern language courses in nine languages; proofreading, translation and document authentication; and language learning community activities.

LSE Careers  ­ – with the help of LSE Careers, you can make the most of the opportunities that London has to offer. Whatever your career plans, LSE Careers will work with you, connecting you to opportunities and experiences from internships and volunteering to networking events and employer and alumni insights. 

LSE Library   –   founded in 1896, the British Library of Political and Economic Science is the major international library of the social sciences. It stays open late, has lots of excellent resources and is a great place to study. As an LSE student, you’ll have access to a number of other academic libraries in Greater London and nationwide. 

LSE LIFE  – this is where you should go to develop skills you’ll use as a student and beyond. The centre runs talks and workshops on skills you’ll find useful in the classroom; offers one-to-one sessions with study advisers who can help you with reading, making notes, writing, research and exam revision; and provides drop-in sessions for academic and personal support. (See ‘Teaching and assessment’). 

LSE Students’ Union (LSESU)  – they offer academic, personal and financial advice and funding.  

PhD Academy   – this is available for PhD students, wherever they are, to take part in interdisciplinary events and other professional development activities and access all the services related to their registration. 

Sardinia House Dental Practice   – this   offers discounted private dental services to LSE students.  

St Philips Medical Centre  – based in Pethwick-Lawrence House, the Centre provides NHS Primary Care services to registered patients.

Student Services Centre  – our staff here can answer general queries and can point you in the direction of other LSE services.  

Student advisers   – we have a  Deputy Head of Student Services (Advice and Policy)  and an  Adviser to Women Students  who can help with academic and pastoral matters.

Student life

As a student at LSE you’ll be based at our central London campus. Find out what our campus and London have to offer you on academic, social and career perspective. 

Student societies and activities

Your time at LSE is not just about studying, there are plenty of ways to get involved in  extracurricular activities . From joining one of over 200 societies, or starting your own society, to volunteering for a local charity, or attending a public lecture by a world-leading figure, there is a lot to choose from. 

The campus 

LSE is based on one  campus  in the centre of London. Despite the busy feel of the surrounding area, many of the streets around campus are pedestrianised, meaning the campus feels like a real community. 

Life in London 

London is an exciting, vibrant and colourful city. It's also an academic city, with more than 400,000 university students. Whatever your interests or appetite you will find something to suit your palate and pocket in this truly international capital. Make the most of career opportunities and social activities, theatre, museums, music and more. 

Want to find out more? Read why we think  London is a fantastic student city , find out about  key sights, places and experiences for new Londoners . Don't fear, London doesn't have to be super expensive: hear about  London on a budget . 

Student stories

Hanwei Huang MRes/PhD Economics, 2018 China

Hanwei Huang

I am a PhD student studying economics in the LSE. I am also affiliated with the Centre of Economic Performance (CEP), one of the largest research centres in the LSE. My main research interest is international trade.

One thing that I have learned from the faculties is that economics is not just about mathematics, it should answer interesting economics questions. Over the past few years in the LSE, I have been conducting a few research related to China. This is not surprising given my Chinese origin. Given the anti-globalization current that we have been witnessing, it is also quite relevant to the academic and policy circle to understand how China has become a global manufacturing power house and the champion of global trade.

My work features a close link between theory and empirics, another lesson I have learned in the LSE. My first piece of work done in the LSE focuses on the evolving structure of Chinese production and export. My second paper, which is a joint work with my supervisor Professor Ottaviano, studies how Chinese exporter producing multiple products respond to competition due to comparative advantage. My current research project studies how the domestic infrastructure construction boom that has been taking place in China has enabled China to make better use of globalization.

The most exciting part of LSE is that we are seated near the centre of the UK policy-making. I am fortunate enough to be able to be on a team from the CEP which has been studying various issues related to Brexit. It is only by doing this bit of work that I have seen how LSE research has shaped the debate in the media and the UK parliament.

As a one of the largest economics departments in the world, with numerous seminars and visitors every week, you bump into various people all the time. You might run into a workshop introducing machine learning. You might also hear people talking about big data in the Bean Counter, where we have our coffee. And I am very glad to be one of them here.

Stephan Maurer MRes/PhD Economics, 2017 Germany

Stephan Maurer

I came to the LSE in 2011 after having completed my MSc in Economics at the Barcelona Graduate School of Economics. Already during my undergraduate studies in St. Gallen, I had gotten hooked to economics and to the idea of doing a PhD, and my time in Barcelona further confirmed this.

My research is in applied economics broadly, at the intersection of labour economics, political economy, and economic history. Economic history is for me both a tool and an end itself - I am interested in better understanding historical events, but I also frequently use exogenous variation provided by history to study questions in labour economics and political economy.

What I really like about research and the academic profession is that it offers a lot of freedom and allows me to work independently on a variety of issues. For example, I have studied determinants of city growth in Iron Age Europe, but also local economic effects of resource booms in the early 20 th century US South. I also enjoy teaching - during my time here, I have taught various courses and have found it very enriching. Being asked to explain concepts such that students can understand them often has deepened my own understanding. In this respect, I particularly enjoyed teaching in the MPA and MSc Programmes.

Research can also be frustrating. It involves a great deal of failed projects, ideas that do not materialize, and work that does not reap rewards. It is also very discontinuous - you can make great progress in few days, or feel like you’re banging your head against a wall for months. I was lucky to have two very dedicated supervisors to guide me through my PhD, helping me triage my ideas, strengthening my results by constantly questioning them, but also cheering me up when needed. My colleagues and friends at the LSE have also been a great help, not only but especially those from my cohort. Studying for the first year exams and going through the first research steps together has created a lot of cohesion and friendships that I am sure will continue to last for a long time.

After finishing my PhD, I will be joining the Department of Economics at the University of Konstanz as an Assistant Professor. I am very much looking forward to this new endeavour, but I will make sure to be back in London and at the LSE from time to time!

Preliminary reading

Readings are included in the respective course guides in the Calendar .

Quick Careers Facts for the Department of Economics

Top 5 sectors our students work in:

  • Financial and Professional Services              
  • Education, Teaching and Research            
  • Government, Public Sector and Policy   
  • Consultancy      
  • Advertising, Marketing, PR Media, Entertainment, Publishing and Journalism

The data was collected as part of the Graduate Outcomes survey, which is administered by the Higher Education Statistics Agency (HESA). Graduates from 2020-21 were the fourth group to be asked to respond to Graduate Outcomes.

Students who successfully complete the programme often embark on an academic career. See information on the placements of previous students on this programme . 

Further information on graduate destinations for this programme

Starting from the second year of the MRes, students are encouraged to undertake some class teaching in the Department, as this represents useful professional training. Additional information about teaching in the Department .

Support for your career

Many leading organisations give careers presentations at the School during the year, and LSE Careers has a wide range of resources available to assist students in their job search. Find out more about the  support available to students through LSE Careers .

Find out more about LSE

Discover more about being an LSE student - meet us in a city near you, visit our campus or experience LSE from home. 

Experience LSE from home

Webinars, videos, student blogs and student video diaries will help you gain an insight into what it's like to study at LSE for those that aren't able to make it to our campus.  Experience LSE from home . 

Come on a guided campus tour, attend an undergraduate open day, drop into our office or go on a self-guided tour.  Find out about opportunities to visit LSE . 

LSE visits you

Student Marketing, Recruitment and Study Abroad travels throughout the UK and around the world to meet with prospective students. We visit schools, attend education fairs and also hold Destination LSE events: pre-departure events for offer holders.  Find details on LSE's upcoming visits . 

How to apply

Virtual Graduate Open Day

Register your interest

Related programmes, msc econometrics and mathematical economics.

Code(s) L1UB

MSc Economics

Code(s) L1U1

MRes/PhD Finance

Code(s) N4ZC

MPhil/PhD Economic Geography

Code(s) L7ZQ

MPhil/PhD Environmental Economics

Code(s) L7ZR

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  • DPhil in Public Policy
  • DPhil in detail
  • How to apply to the DPhil
  • DPhil fees and funding

Do you want to help improve governments by providing them with research-based evidence? Are you motivated to carry out in-depth academic research that can make a positive contribution to public policy?

Our Doctorate in Public Policy or DPhil (as a PhD is known at the University of Oxford) in Public Policy is structured as a full-time course over three years (there is a part-time option for candidates in exceptional circumstances). The course has an emphasis on solving pressing public problems and provides robust training for understanding particular policy challenges and for evaluating, devising or implementing policy solutions.

At the Blavatnik School we focus on question-driven research: this means that the focus is on analysing and finding solutions to policy issues and challenges that governments face around the world. As a DPhil student, you will concentrate on research that answers policy questions, drawing on rigorous concepts, theory and methods from multiple disciplines, rather than developing new theories or methods in a particular discipline.

At the end of your studies, you will be expertly qualified to conduct research, whether as an academic, in a governmental role, or in other influential policy organisations, institutes and think tanks.

The DPhil in Public Policy aims to:

  • Hone your research skills in ways that are relevant to policy-focused research.
  • Develop your interdisciplinary understanding of policy challenges.
  • Equip you to be able to design and undertake original research which makes a real contribution to the development and/or analysis of public policy.
  • Enhance your ability to communicate your research findings to the policy community in a way that ensures real world impact.
  • Enable you to present a lucid and scholarly thesis for examination.

You will have the opportunity to attend an impressive set of seminars within the Blavatnik School and across the University of Oxford, where you will learn in a multidisciplinary environment and present your research proposals to relevant audiences. You will also benefit from being part of an extraordinary network of peers to share ideas and advice, while meeting and interacting with prominent public policy practitioners who will help you root your research into practical issues.

Our DPhil alumni have gone on to build successful careers in various sectors – from  working on critical EU negotiations  at the European Commission to  establishing a leading law firm  in Colombia. With its emphasis on the real-world application of policy knowledge, our DPhil specifically prepares you for a high-level career in public service, government and non-governmental organisations, as well as academia and the private sector.

Oxford graduates are highly sought-after by employers across the world and the career prospects for you after completing your DPhil in Public Policy are excellent. At the Blavatnik School you will develop the skills required to succeed in your career as well as benefit from a programme of career-focused events. Collaborating with your fellow students and faculty will help you discover career paths and opportunities in public service and academia. We also offer an outstanding programme of speaker events at which many visitors discuss their careers, and outside of the School there are many events organised by departments, centres, societies and colleges – all of these provide opportunities to meet with global specialists and develop your network of contacts.

You will be interacting and sharing opinions with fellow DPhil students and other Blavatnik School students – forging relationships that will last well beyond the time you will spend at the School. As your career develops, being part of this community will mean you have a shared learning experience with like-minded peers throughout the world.

The Blavatnik School’s alumni form a close-knit community providing them with social connections, professional guidance and a trusted source of advice. These connections also serve as powerful reminders for all of us of our shared commitment to public service and our desire to make a positive, real difference in the world.

Learn more about the course details, the fees, funding options and how to join our community.

UCL logo

Economics MRes + MPhil/PhD

London, Bloomsbury

UCL Economics is a world-class academic department with a commitment to research excellence. The Economics MRes and MPhil/PhD programmes attract, educate and develop students of the highest academic calibre. Our graduates are employed by the world's foremost academic, international and governmental institutions.

UK tuition fees (2024/25)

Overseas tuition fees (2024/25), programme starts, applications accepted.

Applications closed

  • Entry requirements

Applicants must have a Master’s degree in Economics or closely related subject with distinction-level performance. Applicants must demonstrate that they are qualified to proceed to research work. The GRE General Test is a required part of the application, except for applicants with an Economics MSc from UCL or those currently enrolled on the UCL Economics MSc programme.

The English language level for this programme is: Level 2

UCL Pre-Master's and Pre-sessional English courses are for international students who are aiming to study for a postgraduate degree at UCL. The courses will develop your academic English and academic skills required to succeed at postgraduate level.

Further information can be found on our English language requirements page.

Equivalent qualifications

Country-specific information, including details of when UCL representatives are visiting your part of the world, can be obtained from the International Students website .

International applicants can find out the equivalent qualification for their country by selecting from the list below. Please note that the equivalency will correspond to the broad UK degree classification stated on this page (e.g. upper second-class). Where a specific overall percentage is required in the UK qualification, the international equivalency will be higher than that stated below. Please contact Graduate Admissions should you require further advice.

About this degree

The MRes programme is designed to train and prepare you to conduct research in pursuit of a PhD degree. In joining this programme, you are embarking on a career as a research-focused academic. 

Who this course is for

The programme is suitable for applicants with a master’s degree in economics or related subject who wish to undertake independent research.

What this course will give you

UCL Economics has an outstanding international reputation in key areas of current research. The research excellence demonstrated in the Research Excellence Framework (REF 2021) result is matched by the department's provision of a stimulating, intellectual and supportive research environment.

The department will provide all new MRes students with the opportunity to attend a Maths Camp course to help you prepare for the programme.

Our doctoral students often take up visiting research posts in leading economics departments worldwide, participate in the European Network for Training in Economic Research (ENTER) exchange programme and gain valuable teaching experience as departmental teaching assistants.  

The foundation of your career

In recent years, our PhD students have been appointed to posts in leading universities and research centres including University of Oxford, Princeton University, Stanford University, UCLA, University of Chicago, Carlos III University of Madrid, Pompeu Fabra University, Stockholm University and Sogang University. Graduate destinations also include policy institutions including the Bank of England, EBRD, IFS, McKinsey, RAND Corporation and the World Bank.


The community of postgraduate and academic economists is well connected and close. Many of our PhD students continue to work with their supervisors and academic faculty on collaborative research projects and visit the department for research meetings and events.

UCL Economics has several active research seminar series in which leading scholars from around the world present their research. Our graduate students attend and participate in seminars, workshops and conferences in the department and interdisciplinary research centres across UCL, providing opportunities to network with leading academics across a variety of research fields. We encourage PhD students to visit and study at prominent research institutions on a temporary basis (for up to one year) to experience different research environments and form new research partnerships. UCL Economics has several active research seminar series in which leading scholars from around the world present their research. Our graduate students attend and participate in seminars, workshops and conferences in the department and interdisciplinary research centres across UCL, providing opportunities to network with leading academics across a variety of research fields. We encourage PhD students to visit and study at prominent research institutions on a temporary basis (for up to one year) to experience different research environments and form new research partnerships.

Teaching and learning

Through Terms 1 and 2, the main teaching methods are conventional lectures and classes in Macro, Micro theory, Econometrics and Real Analysis.

The dissertation encourages students to consider the topic they plan to write a PhD thesis on by surveying the literature and forming a research plan.

Students benefit by being taught by faculty staff actively researching in the areas they will write a thesis on.  

Term 1 modules are assessed by the submission of coursework for microeconomics and mid-term written examinations for Real Analysis, Macroeconomics and Econometrics.

Term 2 modules are assessed by written examinations.

Term 3 is assessed by the dissertation.

Module Credits 15 UCL credits = 7.5 ECTS and 150 learning hours

Research areas and structure

UCL Economics is host to, and affiliated with, numerous research centres conducting cutting-edge research of national and international importance. These include:

  • Centre for Research and Analysis on Migration (CReAM)
  • Centre for Finance (CfF )
  • Centre for Macroeconomics (CfM)
  • The Institute for Fiscal Studies (IFS)
  • Centre for Microdata, Methods and Practice (Cemmap, Institute for Fiscal Studies)
  • Centre for Microeconomic Analysis of Public Policy (CPP, Institute for Fiscal Studies)
  • Centre for the Evaluation of Development Policies (EDePo, Institute for Fiscal Studies)
  • New Opportunities for Research Funding Agency Co-operation in Europe (NORFACE)

Research environment

The Department of Economics placed #1 for research environment and outputs in the 2021 Research Excellence Framework (REF) and ranked #3 overall. UCL Economics was first for 4* world-leading research outputs and research environments, with scores of 72% and 100% respectively. The doctoral programme at UCL aims to teach economists to conduct research of high academic merit and make original contributions to the subject. The department has a lively and active research environment, with a strong emphasis on team research, based around a number of major research groups and centres. With close ties to several research centres, students are surrounded by some of the best researchers in their field.

The MRes programme is one year of full-time study.

The MRes programme will provide you with training in research methods in Real Analysis and Probability, Microeconomics, Macroeconomics and Econometrics.

You will be required to write a dissertation. The dissertation is an individual research project, supervised by a faculty member, to assess your self-reliance and capacity for independent research in preparation for the subsequent MPhil/PhD years.

The subsequent years (for students who are admitted to the MPhil/PhD programme) will focus on the skills you will need to conduct your own research projects and present research findings to specialised audiences. Teaching skills will also be developed.

MPhil/PhD The MPhil/PhD programme is normally three years of full time study; however, students typically take four years to complete it.

MPhil Year One: On successful completion of the MRes year, you will start working on your thesis and undertaking research as an MPhil student. You will continue taking advanced training and methodology courses.

You can find a list of field courses here.

At the end of this year, you will present your research at an Upgrade Seminar and a panel of faculty members will determine your progression to PhD status.

PhD Year Two: You will continue to work on your research and thesis. 

PhD Year Three: You will work on your Econ Job Market paper. By the end of this year, you will be expected to take up Completing Research Status (CRS).  

Students wishing to study the MRes programme on a part-time basis will be required to register for two core modules in the first year, one of which must be the Real Analysis module. In your second year, you will complete the remaining compulsory modules and write your dissertation.

Several of our PhD students undertaking research in applied fields have successfully applied for funds to conduct their own fieldwork, while many others have done so through collaborations and research assistance work with their supervisors.


Details of the accessibility of UCL buildings can be obtained from AccessAble accessable.co.uk . Further information can also be obtained from the UCL Student Support and Wellbeing team .

Fees and funding

Fees for this course.

The tuition fees shown are for the year indicated above. Fees for subsequent years may increase or otherwise vary. Where the programme is offered on a flexible/modular basis, fees are charged pro-rata to the appropriate full-time Master's fee taken in an academic session. Further information on fee status, fee increases and the fee schedule can be viewed on the UCL Students website: ucl.ac.uk/students/fees .

Additional costs

There are no additional costs for this programme.

For more information on additional costs for prospective students please go to our estimated cost of essential expenditure at Accommodation and living costs .

Funding your studies

For a comprehensive list of the funding opportunities available at UCL, including funding relevant to your nationality, please visit the Scholarships and Funding website .

UCL Research Opportunity Scholarship (ROS)

Deadline: 12 January 2024 Value: UK rate fees, a maintenance stipend, conference costs and professional development package (3 years) Criteria Based on both academic merit and financial need Eligibility: UK

The GRE General Test is a required part of the application, except for applicants with an Economics MSc from UCL or those currently enrolled on the UCL Economics MSc programme.

Please note that you may submit applications for a maximum of two graduate programmes (or one application for the Law LLM) in any application cycle.

Got questions? Get in touch


[email protected]

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Thinking of Pursuing a PhD in Economics? Info on Graduate School and Beyond

Kasey Chatterji-Len and Anna Kovner

Photo of three young students writing a formula on a green blackboard with white chalk.

Becoming a PhD economist can provide a fulfilling and financially secure career path. However, getting started in the field can be daunting if you don’t know much about the preparation you’ll need and the available job opportunities. If you’re wondering what it means to be an economics researcher or how to become one, please read on. We’ll review how to prepare for a career in economics research, what an economics PhD program entails, and what types of opportunities it might bring. Economic education is a core component of the Federal Reserve Bank of New York’s mission to serve the community. To empower would-be economists, this post provides information for students who seek a career in economics research. We hope this information will be helpful to students interested in economics, regardless of their background and economic situation.  This information is most applicable to students applying to programs in the United States.  

The Breadth of Economics Research  

Academic disciplines conduct research in different ways, so it’s important to have a basic understanding of the types of questions economists ask and how they approach answering them. There are many definitions of economics, but a broadly useful one is the study of how people, organizations, and governments make decisions under different constraints, and how those decisions may affect their outcomes. 

When answering these questions, economists seek to ground their analyses in models and to be quantitatively precise about the effects they assign to any given cause. The range of topics economists can study is wide, but the accepted approaches to answering questions are stricter. Some examples of what economists might ask: 

  • How do different public housing programs affect the children who live there? 
  • Does a certain type of law encourage businesses to innovate? 
  • How will a change in the interest rate affect inflation and unemployment rates? 
  • How much does affordable health insurance improve people’s health? 
  • How can poor countries eradicate poverty? 

There are many different subfields within economics, including, but not limited to behavioral, econometrics, energy/environmental, development, financial, international, monetary, public, and urban economics. You can familiarize yourself with the latest work in economics by subscribing to working paper series, such as NBER’s New This Week or the New York Fed’s Staff Reports . To get an idea of the breadth of questions economists can answer, you could listen to Stephen Dubner’s “ Freakonomics Radio ” podcast. You may also want to explore the Journal of Economic Perspectives , the New York Fed’s Liberty Street Economics blog, VoxDev , or VoxEU .  

What Is a PhD Program Like?    

Economics PhD programs typically last five to seven years. Unlike masters programs, they are often fully funded with a stipend, though most require students to complete teaching assistant and/or research assistant (RA) work as part of their funding package. In the first two years, students take classes, many of which are mathematically demanding. The rest of the program can include additional classes but is primarily devoted to original research with the aim of producing publishable papers that will constitute the dissertation.  

Faculty advisors are a central part of PhD programs, as students look to them for guidance during the research process. Economics PhD programs are offered within university economics departments, but there are similar programs in public policy and business schools. You can look at their websites to understand any differences in coursework and subsequent job placements. 

What Can You Do with an Economics PhD?  

Upon graduation, students can obtain jobs in a variety of industries. Many PhD students hope to become university professors. Governments and public policy-related institutions such as the Federal Reserve System, the U.S. federal government, the World Bank, and the International Monetary Fund (IMF) also hire economists to work on policy, lead programs, and conduct research. Finally, economics PhD graduates can also find employment at a variety of private sector companies, including banks, economic consulting firms, and big tech companies. The pay for these different positions can vary. According to the American Economics Association (AEA), the average starting salary for economics assistant professors in 2022-23 was approximately $140,000 at PhD granting institutions and $98,000 at BA granting institutions. 

Programs often publish the placements of their PhD graduates, so you can look online to see specific employment outcomes. See, for example, the University of Maryland’s placements . Ultimately, economists are highly regarded as authorities on a variety of topics. Governments, nonprofits, philanthropic foundations, financial institutions, and non-financial businesses all look to economists to answer important questions about how to best achieve their goals. Thus, earning an economics Ph.D. can potentially help you to influence issues that are important to you. 

Preparing for an Economics PhD Program  

There are several components to an economics PhD program application: college transcripts, GRE scores, letters of recommendation, and personal statements. Please download the Appendix linked below to learn more about transcripts and letters of recommendation. The Appendix details ways in which you can select coursework, obtain research experience, and develop relationships to position yourself for success as a PhD applicant.  

If you feel that you are too far along in your academic career to take enough of the classes described in the Appendix, this does not necessarily preclude you from pursuing an economics PhD. For example, it’s possible to take some of these classes through a master’s program, or through a pre-doctoral RA job. Some pre-doctoral RA jobs, such as the one here at the New York Fed , may enable you to take classes in preparation for graduate school. If you are concerned about your transcript, reach out to an economist at your university for advice; program standards for coursework and grades vary, and it’s a good idea to get more personalized advice. 

Research Experience   

If you’re interested in becoming an economics researcher and applying to PhD programs, it’s best to get research experience as soon as possible. Working as an RA is a great way to learn how to conduct research and get a better idea of whether it’s the right career path for you. Additionally, it can help you obtain a letter of recommendation for graduate school applications and improve your qualifications.  

All types of academic research can be enriching, but it’s beneficial to gain experience working directly with an economist. To find a position, you can reach out to professors whose work you find interesting or find an RA program at your school. Typical RA tasks may involve data collection and cleaning, as well as running analyses and creating charts to represent results. This is where coding skills become crucial; having taken math, statistics, and econometrics courses will also enable you to take on more responsibilities. 

You may also have the opportunity to conduct your own research, possibly under the supervision of a professor at your university. This research could be self-initiated or part of a course such as a thesis workshop. Self-directed research is a great opportunity to learn about all stages of the research process. It’s also an excellent opportunity to create a writing sample for graduate school applications. Ultimately, though, your motivation for conducting your own research project should be that you want to answer a question.  One thing economists have in common is a love of answering questions using data and theory. 

Research experience is also often obtained after completing an undergraduate or master’s degree. Taking on a full-time RA position before applying to PhD programs is very common and can make you a more competitive applicant. You may either get an RA job working for a professor or participate in a pre-doctoral RA program.  

Research assistant programs are more structured than positions with individual professors or projects, which could be helpful. Universities, parts of the government, think tanks, research organizations, and the Federal Reserve System are all good places to look for research assistant programs. To help you decide which opportunities are most desirable, you may want to ask potential employers : Where do people in this program tend to go afterward? Will I be working directly with an economist? How much of my time will be spent on academic research work? Will I be able to take classes as part of this program? Considering whether an economist will be able to evaluate your performance is an important factor for recommendation letters. The ability to take classes, either through tuition reimbursement or waivers, can also be an important benefit. 

The Research Analyst program here at the Federal Reserve Bank of New York is one example of these programs and you should check it out here . The Federal Reserve Board of Governors also has a large program, and many other regional Federal Reserve Banks have similar programs. In addition, the PREDOC website and the  NBER post listings of RA opportunities. J-PAL and IPA also tend to recruit RAs for economic development projects. Another source of RA opportunities is the @econ_ra account on X. 

Who Should Get a PhD in Economics?  

A PhD may not be for everyone, but it is for anyone—people of all genders, religions, ethnicities, races, and national origins have PhDs in economics. Many economists majored in economics, but others majored in math, physics, or chemistry. Because economics is such an integral part of policymaking, it is important that economists come from a wide range of backgrounds so policy can be stronger and more effective. The inclusion of differing perspectives helps ensure that the contribution of economists to work in public policy, academia, and beyond effectively serves the broadest range of society. 

  • Coursework Appendix

oxford part time phd economics

Kasey Chatterji-Len is a research analyst in the Federal Reserve Bank of New York’s Research and Statistics Group.

oxford part time phd economics

Anna Kovner  is the director of Financial Stability Policy Research in the Bank’s Research and Statistics Group.

How to cite this post: Kasey Chatterji-Len and Anna Kovner, “Thinking of Pursuing a PhD in Economics? Info on Graduate School and Beyond,” Federal Reserve Bank of New York Liberty Street Economics , May 31, 2024, https://libertystreeteconomics.newyorkfed.org/2024/05/thinking-of-pursuing-a-phd-in-economics-info-on-graduate-school-and-beyond/.

You may also be interested in: AEA: Resources for Students

PREDOC: Guidance for Undergraduates

RA Positions-Not at the NBER

Disclaimer The views expressed in this post are those of the author(s) and do not necessarily reflect the position of the Federal Reserve Bank of New York or the Federal Reserve System. Any errors or omissions are the responsibility of the author(s).

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oxford part time phd economics

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Course details

  • Wed 22 Jan 2025 to 04 Apr 2025
  • Mon 28 Apr 2025 to 11 Jul 2025

Public Policy Economics (Online)

There are no time-tabled sessions on this course. Using a specially designed virtual learning environment this online course guides students through weekly pathways of directed readings and learning activities. Students interact with their tutor and the other course participants through tutor-guided, text-based forum discussions. There are no ‘live-time’ video meetings meaning you can study flexibly in your own time under the direct tuition of an expert. For further information please click here

All of us are affected by government policies, and governments place particular emphasis on economic policies. This course covers some of the most important questions about the aims and tools of economic policy. It will equip students to evaluate the economic arguments made about public policy choices.

All of us as citizens are affected by government policies, and governments place particular emphasis on economic policies. These are therefore prominent in political debate and in the news. Yet few people have the knowledge to be able to evaluate claims and counter-claims. This course covers some of the most important questions about the aims and tools of economic policy, ranging from competition policy and regulation to industrial policy, from public spending choices to incorporating behavioural psychology 'nudges' in policy decisions. It covers the role of the state versus the market, and the government's responsibility for sustainability. It will equip students to evaluate the economic arguments made about public policy choices.

Listen to Dr Diane Coyle talking about the course:  

For information on how the courses work, please click here .

Programme details

1. The aims of public policy

2. Social welfare and growth

3. Market Failures

4. State ownership, privatisation and regulation

5. Industrial policy

6. Social choice and individual choice

7. Social security

8. Behavioural public policy

9. Government Failure

10. Evaluating public policies

We strongly recommend that you try to find a little time each week to engage in the online conversations (at times that are convenient to you) as the forums are an integral, and very rewarding, part of the course and the online learning experience.

Recommended reading

To participate in this course you will need to have regular access to the Internet and you will need to buy the following books: Le Grand, J, Smith, S, and Propper, C., The Economics of Social Problems 4th edition (Palgrave Macmillan, Basingstoke, 2008) Coyle, D., GDP: A Brief but Affectionate History (Princeton University Press, Princeton NJ, 2014)


Credit Application Transfer Scheme (CATS) points 

To earn credit (CATS points) for your course you will need to register and pay an additional £30 fee for each course you enrol on. You can do this by ticking the relevant box at the bottom of the enrolment form or when enrolling online. If you do not register when you enrol, you have up until the course start date to register and pay the £30 fee. 

See more information on CATS point

Coursework is an integral part of all online courses and everyone enrolled will be expected to do coursework, but only those who have registered for credit will be awarded CATS points for completing work at the required standard. If you are enrolled on the Certificate of Higher Education, you need to indicate this on the enrolment form but there is no additional registration fee. 

Digital credentials

All students who pass their final assignment, whether registered for credit or not, will be eligible for a digital Certificate of Completion. Upon successful completion, you will receive a link to download a University of Oxford digital certificate. Information on how to access this digital certificate will be emailed to you after the end of the course. The certificate will show your name, the course title and the dates of the course you attended. You will be able to download your certificate or share it on social media if you choose to do so. 

Please note that assignments are not graded but are marked either pass or fail. 

Dr Doug Bamford

Doug Bamford teaches courses in philosophy and political economy at OUDCE. His main interest is in political philosophy and its application to public policy. He obtained his PhD in 2013 and became an Associate Fellow of the Higher Education Academy (AFHEA) in 2023. He is author of  Rethinking Taxation  (Searching Finance, 2014) and several papers (including articles in the  Journal of Applied Philosophy , Moral Philosophy and Politics , Problema , and  Think ). He blogs at Doug Bamford's Tax Appeal.

Dr Szilvi Schmitsek

Szilvia Schmitsek graduated with her PhD in Employment Research (Institute for Employment Research, Warwick University) in 2018. She was awarded a Warwick Chancellor’s Scholarship for the duration of her studies. Her decision to pursue a PhD on Early School Leaving was strongly influenced by her commitment to disadvantaged youth, which has always been her main field of interest. Previously Szilvia gained an MPhil in Social Sciences Research and MA in Education, a BA in Social Science; Speech and Language Therapy and Special Education, and a Diploma in Media Studies.

Course aims

This course aims to:

  • Explore the rationale for public policy interventions in the economy.
  • Provide an overview of a wide range of areas of applied microeconomics used in public policy, including relevant historical and international experience.
  • Discuss the role of economics in the political process; (iv) provide an introduction to the evaluation of economic policies. It will have some interdisciplinary elements, in touching on political economy and behavioural economics.

This course will enable participants to:

  • Demonstrate an understanding of the criteria for successful microeconomic public policy interventions.
  • Show understanding of the reasons for the variation in policy interventions over time and in different contexts.
  • Evaluate critically policy proposals, including demonstrating awareness of sources of empirical evidence.
  • Demonstrate knowledge of specific topics in public policy economics.
  • Contribute to public and policy debates about a range of economic issues.

Learning outcomes

By the end of this course the participants will understand:

  • The importance of definitions and ethics in framing policy questions and public debate.
  • The limitations of both states and markets in collective action.
  • The many trade-offs and choices that inevitably arise in economic policy.

By the end of this course students will be expected to have gained the following skills:

  • Critically evaluate data, evidence and arguments about economic policy questions.
  • Contribute to debates themselves in a more evidence based way.
  • Link policy choices to social welfare, or ethical, goals.
  • Connect economic trade-offs with issues of political choice and practical implementation.

Assessment methods

You will be set two pieces of work for the course. The first of 500 words is due halfway through your course. This does not count towards your final outcome but preparing for it, and the feedback you are given, will help you prepare for your assessed piece of work of 1,500 words due at the end of the course. The assessed work is marked pass or fail.

English Language Requirements

We do not insist that applicants hold an English language certification, but warn that they may be at a disadvantage if their language skills are not of a comparable level to those qualifications listed on our website. If you are confident in your proficiency, please feel free to enrol. For more information regarding English language requirements please follow this link: https://www.conted.ox.ac.uk/about/english-language-requirements


Please use the 'Book' or 'Apply' button on this page. Alternatively, please complete an Enrolment form for short courses | Oxford University Department for Continuing Education

Level and demands

FHEQ level 4, 10 weeks, approx 10 hours per week, therefore a total of about 100 study hours.

IT requirements

This course is delivered online; to participate you must to be familiar with using a computer for purposes such as sending email and searching the Internet. You will also need regular access to the Internet and a computer meeting our recommended minimum computer specification.

Terms & conditions for applicants and students

Information on financial support

oxford part time phd economics

Sociology and Criminology

Understanding dignity from within.

science of dignity picture

Dignity is something people may think little about until they lose it. Dignity can be lost in many ways, perhaps because our body fails us due to illness or old age, people in power humiliate us, or we lose income and can’t pay our bills. Lost dignity is keenly felt. What does dignity mean for different people? How do we reestablish dignity after losing it? When does dignity matter most? Professors Steven Hitlin and Matthew Andersson help us understand dignity and what they learned writing their new book, “ The Science of Dignity: Measuring Personhood and Well-Being in the United States ” from Oxford University Press.

Steve Hitlin joined our department in 2005, when it was called the Department of Sociology. (We are now the Department of Sociology and Criminology at the University of Iowa.) Steve is perhaps best known for establishing the sociology of morality as an important research area. Matt Anderson is an associate professor at Baylor University who studies health across the life course. He earned a PhD in sociology from our department in 2014 and recently gave the annual Rhys Lecture that honors graduates from our department who have gone on to notable careers.

When asked why they decided to write a book about dignity, Steve and Matt have a two-part answer. (They are professors after all.) Their first reason was practical. Theories and analyses of dignity are hard to publish in a series of academic articles. So they figured, “Why not a book?” The second part is only partly practical. They are established in their careers and had the time to devote to a project they felt passionately about, but they also found book writing to be a way to think deeply about dignity and, in the process, discover approaches that open new avenues of research.

Hitlin picture

They found that theories of dignity from various fields in the humanities and social sciences often lump together what determines dignity with what dignity is or might be. Their next step was to establish specific causes of identity and then follow them to their logical conclusion, the essence of identity itself. Dignity, it turns out, is profoundly tied to personhood. That is, how we feel about ourselves as valuable individuals worthy of respect.

Steve and Matt took the direct approach to studying dignity by asking people for their personal feelings about it, about whether their “lives lack dignity,” and whether they are “treated with dignity.” They then created a way to measure dignity using a variety of well-validated techniques from sociology, psychology, and economics. Using these tools, they show that dignity is unequal among people in society and how that matters for their health and wellbeing.

Andersson picture

Writing the book spurred the growth of their theory of dignity. They are currently addressing the way that personal feelings about dignity cross over between work life and home life. Gender makes a difference in the way people feel about dignity at work and home. Their model proposes six key factors to explain how dignity varies and its relationship to health and wellbeing. They call it the 3R, 3M model for the factors of respect, relationships, and resources coupled with mastery, mattering, and meaning.

Professors Hitlin and Andersson see their theory becoming increasingly useful to explain issues ranging from the effects of physical disability on emotional wellbeing to developments in social media such as cancel culture.

NOTICE: The University of Iowa Center for Advancement is an operational name for the State University of Iowa Foundation, an independent, Iowa nonprofit corporation organized as a 501(c)(3) tax-exempt, publicly supported charitable entity working to advance the University of Iowa. Please review its full disclosure statement.

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  1. DPhil in Economics

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    Faculty advisors are a central part of PhD programs, as students look to them for guidance during the research process. ... Preparing for an Economics PhD Program . ... Taking on a full-time RA position before applying to PhD programs is very common and can make you a more competitive applicant. You may either get an RA job working for a ...

  13. Public Policy Economics (Online)

    Public Policy Economics (Online) There are no time-tabled sessions on this course. Using a specially designed virtual learning environment this online course guides students through weekly pathways of directed readings and learning activities. Students interact with their tutor and the other course participants through tutor-guided, text-based ...

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    The DPhil in International Development provides an opportunity for outstanding students to pursue in-depth multi- and interdisciplinary research, guided by leading scholars in the field, into processes of social, political and economic development and change in the global South. Academics at the Oxford Department of International Development ...

  15. Understanding Dignity from Within

    He earned a PhD in sociology from our department in 2014 and recently gave the annual Rhys Lecture that honors graduates from our department who have gone on to notable careers.When asked why they decided to write a book about dignity, Steve and Matt have a two-part answer. (They are professors after all.) Their first reason was practical.

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