This programme will provide future PhD Economics students with a thorough understanding of research techniques and in-depth appreciation of principal areas of concern for researchers in economics.
We provide comprehensive support for our job market candidates. You will receieve guidance on job market strategy, job market presentation workshops and administrative support with the job market application process.Apply to Warwick
Full-time: 2+4 years
First class honours degree or equivalent
(See full entry requirements)
The MRes/PhD is the route to PhD Economics at Warwick. It is an integrated two year Masters in Economics, from which students progress to the PhD in Economics. It includes:
- Two years of courses covering the tools, techniques and literature necessary for you to write a PhD dissertation at the forefront of the economics discipline;
- Four years (maximum) of research under the guidance of world-renowned faculty. We have staff expertise in each of the main areas of economics;
- Support and resources to enable you to participate in the scientific community, including a weekly seminar series in each of the major fields and a chance to get involved in the annual PhD Conference, where top PhD students from around the world, present their research ideas at Warwick;
- Tailored support to help you achieve a top job market placement, including academic writing skills, presentation skills and interview practice with experts in the economics job market;
- Scholarships available.
If you have already completed an MRes degree (two years of taught courses), which you believe to be equivalent to the MRes Economics at Warwick and want to apply for direct entry to the PhD, you should apply for MRes entry in the first instance and request consideration for waiver when you are called to interview.
2+4 Year Course Structure
Based on advanced courses in Microeconomics, Macroeconomics and Econometrics, along with a fourth core module 'The Practice of Economic Research'. Students are assessed regularly through mid term and end of term class tests. You will follow core modules in macro, micro and econometrics in terms 1 and 2; and follow the remaining core module in term 3. Over the summer you will be required to complete a research report, which will involve some weeks working as a research assistant with a faculty member.
All courses are compulsory in year one except for the two weeks pre-sessional Advanced Mathematics course, although attendance to this course is highly recommended.
You will take up to five option courses and complete the MRes dissertation. We are able to offer option courses in each of the main research areas of the discipline, including: macroeconomics; international; development; economic theory; economic history; political economy; labour; econometrics; industrial organisation and data science; although not all options will be available every year as this will depend on staff availability and student demand. Students are also permitted to take some options outside the department (e.g. in Mathematics and Statistics), subject to the agreement of the Programme Directors.
The first two years of taught coursework lead to the award of the MRes degree for candidates satisfying all of the requirements. Those who pass the MRes at a sufficiently high level of performance: achieve a 65% average (over all taught modules in year 1 and 2) and demonstrate a strong performance in the core modules (i.e. an average of not less than 60% across the core modules) and achieve a mark of at least 65% for the dissertation; will then be eligible to proceed to the four-year PhD programme (all calculated averages are weighted according to the module CAT weighting). The structure and progression rules will provide the Department, as well as the students themselves, with a greater degree of evidence of candidates’ suitability to progress on to a doctoral programme.
4 Year PhD
The 4-year PhD programme will allow you to develop as a researcher and to make your own mark not only in academia, but also in the public and private sectors, in all fields where excellent research and analysis skills are required. You can leave the programme with the MRes degree and not continue on to the PhD if you so choose; the MRes is a valuable qualification in its own right. If you progress to the PhD you will be expected to be ready to submit at the end of year 3 and to go on the job market in year 4.
Teaching is an important part of your training as a future researcher/academic and is strongly encouraged in the PhD part of the programme; further details will be discussed during your studies.
Job Market Advantage
Many of our competitor research programmes, such as top US and UK/European PhD programmes, comprise of a 2 + 4 year structure where the 2-year component is a taught Master’s degree, which gives the graduate a distinct advantage in the jobs market.
We already have success in placing our graduates in academic jobs at pre-eminent University departments and this enhancement of our research programme will lead to further significant success in this area, by raising our competitiveness even further.
Each year the Warwick Economics PhD Conference takes place. The event is organised by PhD students from the Department and brings together PhD students from around the world to present and discuss research at the frontier of all major fields of economics.
Careers and Further Study
The majority of graduates from our department are in employment or further study only six months after graduation. As a BSc Economics graduate, you will have developed a range of analytical and problem-solving skills and a knowledge of current global developments which are sought after employers.
Students often go into an economics-related role, or into a wide range of business areas including management, sales and marketing, personnel management, IT, and teaching. Many Economics graduates from Warwick also go on to postgraduate study, opening up opportunities to work as professional economists.
Just some of the job areas that our students go into include:
- Policy Analysts
Chat with current staff and students within the Department about studying towards a PhD at Warwick.Find out more
Admission to our courses are very competitive so it is important to read our criteria before applying.Find out more