Economics

Entry requirements

A 2:1 honours degree and a merit award at master's level, or international equivalent, in a relevant subject.

If you don't have a master's degree there is a wide range of programmes for you to choose from in Newcastle University Business School.

Alternatively, you may apply for 1+3 funding under the North East Doctoral Training Centre (NEDTC) in which you first complete the MA in Finance and Economics (Research) before proceeding to the PhD track. This master's degree is designed for applicants who have a relevant undergraduate degree but require research methods and subject-specific training in finance and/or economics. This programme is highly competitive and potential applicants are asked to contact a staff member early on in the academic year in order to work-up their application for entry in the following year.

Months of entry

September

Course content

Our Economics PhD programme aims to develop rigorous scholars who can advance both academic knowledge and practice in the area of Economics. The programme is designed to give you greater depth to your professional life and to equip you with the skills necessary to succeed in a knowledge-intensive economy.

Our research is organised into 15 research centres and groups. Each of these involves externally funded research, international collaboration and the active involvement of doctoral students. A brief outline of some of the disciplines is outlined below.

The Applied and Theoretical Microeconomics (ATM) group focuses on issues in theoretical microeconomics and applied microeconomics. The interests of group members includes:

• general equilibrium theory with production and financial markets, game theory and overlapping generation economies
• theoretical work on markets with search frictions
• the labour market
• spatial economics including industrial location, health economics, transport economics,
• the role of information in markets
• the effects of government intervention on private-sector behaviour

The Applied Econometrics (AE) group is an interdisciplinary School research group with members from both the Economics and the Accounting & Finance subject groups. Members of the AE group undertake research on topics in economics and finance, linked by their use of econometrics. Main areas of interest include:

• Bayesian econometrics
• linear and nonlinear time series models
• time series forecasting
• structural break estimation
• unit root testing and cointegration analysis
• vector autoregressive models

The Economics of Safety, Health, Environment and Risk (ESHER) research group brings together some world-leading research in health economics and the economics of safety and environment. ESHER is co-led by Professor Luke Vale, Health Foundation Chair in Health Economics and Professor Sue Chilton in Economics. Its areas of research include:

• valuing benefits/quantifying preferences in health, safety and environment
• development and application of economic evaluation
• priority-setting in health care
• econometric applications in studies of health, safety and the environment (especially income and health inequalities)

The Macroeconomic Analysis & Applications (MAnA) group focuses on the ever-evolving boundaries between economic theory and real world phenomena. The group promotes academic and policy relevant research on all areas of macroeconomics and currently the main research interests of MAnA members includes:

• the study of microeconomic behavior with macroeconomic implications
• monetary policy, inflation, expectations
• international prices and the macroeconomy
• economic integration and economic interdependence
• economic growth and institutions

The Economics groups offer supervision across the broad range of microeconomics and macroeconomics, and have a good number of doctoral students in these areas. You are encouraged to examine the research interests of our staff to find out more about our expertise.

Information for international students

To study this course you need to meet our Band 9 English Language Requirements.

Fees and funding

See Fees and Funding tab in the Programme information.