A comprehensive 2 (MRes) + 4 year PhD research programme
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.
The 2+4 year 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.
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. 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.
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.
My PhD research
MRes/Phd student Rigissa Megalokonomou discusses her research undertaken at Warwick.
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.