Postgraduate research in economics
Ready to start your research career? Explore our postgraduate research degrees in economics
Business and management studies at the 1024ºË¹¤³§ is ranked 2nd of the modern universities by research power
Research Excellence Framework (REF) 2021
If you're ready to take your expertise in Economics into a postgraduate research degree, 1024ºË¹¤³§ is the perfect place to realise your ambitions. Our Economics research covers resource economics and environmental policy, monetary policy, behavioural and experimental economics, efficiency, productivity, and digital economy.
Economics affects almost every area of our lives, from individual financial decision-making, to global macroeconomic and monetary policy decisions made by governments around the world.
In the aftermath of the 2008 financial crisis, we've used mathematical models and econometric methods to predict how the economy reacts to such events – and how we can prevent them happening again. Our work has helped governments develop more effective monetary policies and better regulate the use of natural resources.
In the most recent Research Excellence Framework (REF 2021), 100% of our research in the area of Business and Management Studies, which includes Economics, was ranked as delivering either outstanding or very considerable impact – and when you join us as a postgraduate research student, you'll make your own contribution to our exceptional work.
Research degrees
Find out about our PhD, MPhil, and PhD by Publication opportunities in Economics below, including how to apply, entry requirements and funding your degree. For more detailed information about the application process, visit our How to Apply pages.
Economics PhDs and MPhils
Explore our pre-approved funded and self-funded PhD projects in Economics, or submit your own research idea.
PhD and MPhil projects
Funded
There are currently no funded PhD projects available in this area – for more information on funding your own research project, visit our pages on funding your research degree.
Submit your own idea
If you already have a research idea, find a supervisor whose research interests match yours by searching our Find a PhD Supervisor page. Once you've identified someone suitable, contact them to discuss your idea.
PhD by Publication
A PhD by publication is a postgraduate research degree based on research you've already undertaken and had published (excluding self-publishing) before registering with us.
Eligible research outputs include peer-reviewed academic papers, complete books or chapters in anthologies, and other materials accepted for publication, exhibited or performed. You'll have to submit these materials for examination between 6–12 months after registering with us.
For more information, please visit our PhD by Publication page.
Duration, fees and funding
What do my tuition fees cover?
If you're self-funding your PhD, you'll pay tuition fees to the University to cover course and university costs.
Your tuition fees cover:
- The cost of your postgraduate research programme* at the University as well as charges for registration, tuition, supervision, and examinations
- Bespoke training, professional development courses, networking, and research support through The Graduate School
- Research seminars and workshops (university-wide and faculty-specific)
- A contribution to funding to attend a conference or development activity in your research field
- Tailor-made weekly and monthly events, including weekly, themed experienced researcher-led talks and workshops
- Helping you become part of our thriving research community, including Research and Innovation services where 77% of our research is world leading and internationally excellent in REF 2021
- Your graduation ceremony
- Viva examination and administration costs
- The facilities and equipment you need to complete your studies, such as computer rooms, access to laptops, the Library, and laboratories
- Access to resources including electronic journals, alternative guide to funding, and thousands of hours of educational videos on LinkedIn Learning
- University support services including academic, financial, careers and wellbeing support and personal tutors
- Membership of the Students' Union (giving you the right to vote in elections, join clubs and societies, and get free independent advice)
- Access to software such as Microsoft Office, SPSS and Adobe Creative Suite (this includes Photoshop, InDesign, and Adobe Premiere Pro)
*Please note that some research programmes may come with additional bench fees.
How long will my research degree take?
- MPhil: 2 years full-time, 4 years part-time
- PhD: 3 years full-time, 6 years part-time
- PhD by Publication: 1 year part-time
How much will my degree cost?
PhD and MPhil
UK, Channel Islands and Isle of Man students
- Full-time: £4,786 per year
- Part-time and part-time distance learning: £2,393 per year
EU students
(including Transition Scholarship)
- Full-time: £4,786 per year
- Part-time and part-time distance learning: £2,393 per year
International students
- Full-time: £17,900 (may be subject to annual increase)
- Part-time and part-time distance learning: £8,950 (may be subject to annual increase)
PhD by Publication
External candidates: £4,786
Members of staff: £1,950
All fees are subject to annual increase. If you are an EU student starting a programme in 2024/25 please visit this page.
Bench fees
Some PhD projects may include additional fees – known as bench fees – for equipment and other consumables, and these will be added to your standard tuition fee. Speak to the supervisory team during your interview about any additional fees you may have to pay. Please note, bench fees are not eligible for discounts and are non-refundable.
Funding support
MPhil full-time and part-time courses are eligible for the (UK/EU students only).
PhD full-time and part-time courses are eligible for the (UK/EU students only).
For information on other sources of funding, visit our funding your postgraduate research degree page.
Entry requirements
The entry requirements for a PhD, MPhil or Professional Doctorate include an upper second class honours degree or equivalent in a relevant subject, or a master’s degree in an appropriate subject. Equivalent professional experience and/or qualifications may be considered. All applicants are subject to interview.
If English is not your first language, you'll need English language proficiency at a minimum of IELTS band 6.5 with no component score below 6.0.
If you don't meet the English language requirements yet, you can achieve the level you need by successfully completing a pre-sessional English programme before you start your course.
Support and facilities
When you join us, you'll be supported by our Graduate School, alongside your assigned supervisory team, who'll help you get the most from our facilities. The Graduate School will help you become part of our thriving, collaborative research community, and help grow your skills as a researcher through the , which offers training, workshops and events.
You'll also use our exceptional facilities, including our Bloomberg Suite – where you'll have access to data from Bloomberg, Datastream, and S&P Global, and use the latest statistical software, including Stata, Matlab, EViews and SPSS Statistics.
What can a postgraduate research degree do for my career?
Once you complete your postgraduate research degree, you'll be a highly-skilled researcher with the knowledge and skills to make an impact in many different industries.
Your postgraduate research qualification demonstrates to potential employers that you're an intelligent, capable and motivated person, with provable abilities and experience in critical thinking, problem-solving, project management, communication, leadership and creativity. You'll also develop research management skills, and an in-depth knowledge of the subject on which your PhD is focused.
After researching with us, our successful postgraduate research candidates have gone on to impressive positions in a variety of fields – from positions within academia, to careers in industry and the public sector.
Apply
Apply for a research degree in Economics by completing our online form.
February (2025 start)
April (2025 start)
October (2025 start)
Current research
Explore the work we're doing across our 4 areas of research expertise in Economics.
Resource Economics and Environmental Policy
We examine how economics influences the preservation and sustainability of natural resources such as aquatic ecosystems.
Efficiency and Productivity
Through our research in this area, we're identifying inefficiency and its causes in specific sectors.
Behavioural and Experimental Economics
We investigate how psychological, emotional and social factors affect economic decision-making.
Monetary Policy
We explore how central banks can keep inflation low and stable by influencing how much money there is in the economy and the cost of borrowing.