phd economics europe

Doctoral Programme in Economics

Following the tradition of the national doctoral programme in economics launched in 1990, DPE promotes doctoral education by providing a deepening structure of courses in core areas of economics. 

The Programme's fresh doctors are well placed in international academic institutions, central banks, research institutes, government organizations, and in private sector.

Want to know more? Visit our profile & activities page to learn more about the key research areas and activities in the programme.

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Doctorate in Economics

Three-Year PhD Programme

Programme in English

Presentation

The PhD in Economics at Sciences Po, supported by the Department of Economic s, is now one of the very best European programs, as reflected by the recent recruitment of our students by top universities  (UCLA, ENS Paris, HEC Paris, Carlos III).

This programme is designed to provide world-class theoretical and practical training in economics. It rains highly qualified economists for academic careers, and for careers that require the highest quality of doctoral training:  international irganisations, think tanks, research organisations, public ministries, banks, insurers , etc.

The PhD program in economics trains top economists who seek to pursue university and academic careers in France or abroad, as well as careers requiring high-level doctoral training: in international organizations, think tanks, research institutions, government agencies, banks, and insurance companies.   

Students seeking to pursue an international academic career are supported throughout the job market process. Many oral and written communication skills trainings are offered and members of the department of economics help prepare students for interviews and seminars.  

Integration with the Economics Department

Students are affiliated with the  Department of Economics , which provides them with a workspace and the best environment for drafting their dissertation. A professor from the Department of Economics serves as a primary supervisor to help guide their research. Their dissertation committee includes two additional professors. 

Through the program’s seminars, doctoral workshops and research events, doctoral students fully participate in the Department of Economics’ activities. PhD students are in constant contact with the many invited professors. A very small number of applicants are admitted, allowing for greater attention and guidance for each student: an individualisation of each student’s path for the success of all.    

Structure of the program

The doctoral program in economics should ideally be completed in three years.

Candidates who do not yet hold a Masters degree must apply for the Masters in Economics.  Those who select this option will receive a “Masters in Economics” from Sciences Po at the end of their second year and will be able to apply to the PhD program.

Candidates who already hold a Masters degree in economics from Sciences Po or another world-class university may directly apply to the PhD program.

The 3 doctoral years:

During the three years devoted to the dissertation, PhD students are hosted by the Department of Economics and can pursue  study abroad at partner international universities such as Princeton University, the University of Chicago and the London School of Economics.

The department organizes an internal seminar at which students are invited to make presentations. They may also attend the department’s various other seminars.

See the "Admission to a PhD" page

All students admitted at the PhD level will receive funding. The salary is competitive compared to international standards.

Additional funding is available for exceptional students in economics, history and macroeconomics thanks to the Marie Curie Initial Training Network MACROHIST.

See the "Funding" page

Teaching Staff

The core of the teaching staff are professors of the Department of economics . Some invited professors also participate.

• Pierre-Philippe Combes Head of studies in Economics, CNRS Professor, Department of Economics Sciences Po
• Hadjila Nezlioui-Serraz Administrative Officer Tél : +33 (0)1 45 49 72 35

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UNIVERSITY OF COLOGNE

Faculty of management, economics and social sciences cologne graduate school in management, economics and social sciences, phd programme in economics.

The Cologne Graduate School (CGS) in Management, Economics, and Social Sciences offers a doctoral (PhD) programme with an integrated M.Sc. Economic Research. It consists of two stages:

• The first stage of the programme is the two-years M.Sc. Economic Research. It prepares students for high-level research in economics. It is fully taught in English.
• In the second stage, PhD students work on research projects for their dissertation and interact with other PhD students and faculty members in workshops, seminars, and summer schools.

The PhD Programme in Economics offers education, funding and supervision for research in all major fields of economics and related fields in management. It is a challenging and rigorous full-time programme in a friendly, supportive environment dedicated to excellence in teaching and research. Taking part in the graduate programme prepares students for academic positions at universities and institutions around the world as well as for top-level positions in internationally-orientated companies.

Applications for the graduated program can be either for the first stage (bachelor students) or for the second stage (master students). We invite applications of outstanding students who are close to finishing a bachelor's or master's degree in economics or a related discipline who count among the top 10% of graduates in their study programme.

Students with a bachelor's degree will enter the integrated graduate programme in the first stage via the M.Sc. Economic Research and can transfer to the second PhD stage after successful graduation of the M.Sc. Economic Research.

Students already holding a research-oriented master degree can directly enter the second stage. Students with a related master's degree without an explicit research focus (e.g. in economics, econometrics, finance, business administration, or math) attend one year of course-work before entering the second stage.

We offer funding and facilities for students at all levels. Specifically, grants are available for accepted students holding a master degree and for highly qualified applicants with a bachelor´s degree. Students who successfully passed the course-work and are admitted to the second stage can receive funding through CGS scholarships, positions financed through the excellence cluster ECONtribute or doctoral positions at the departments and chairs of the Faculty.

These doctoral students are also equipped with a workspace and computer devices at the beginning of second stage. Shared rooms with computer devices are also available for students in the first stage. Student housing is available for national and international bachelor and master students moving to Cologne. For more information regarding housing please consult the webpages of the Kölner Studierendenwerk .

The PhD programme in Economics is part of the Cologne Graduate School in Management, Economics, and Social Sciences (CGS). It closely cooperates with the following research centers at the University of Cologne and Key Research Initiatives of the Faculty of Management, Economics and Social Sciences:

Cluster of Excellence “ECONtribute: Markets and Public Policy”: The Cluster brings together outstanding researchers from economics and neighboring disciplines – management, psychology, political science and law – from the Universities of Cologne and Bonn, the Behavior and Inequality Research Institute (briq) and the Max Planck Institute for Research on Collective Goods, with the goal of establishing a leading international research center on markets & public policy.

Center for Social and Economic Behavior (C-SEB): The Center for Social and Economic Behavior (C-SEB) at the University of Cologne brings together Cologne-based researchers and international colleagues from economics, management science, and psychology who investigate the fundamental principles and behavioral mechanisms that affect social and economic behavior.

Behavioural Management Science (BMS): The WiSo Key Research Initiative Behavioural Management Science (BMS) brings together researchers that apply methods of behavioural economics and applied microeconometrics to advance our understanding of how management practices influence the behaviour of people in organisations and affect organisational performance.

Be part of the Cologne experience!

Programme doctoral EDEEM

Doctoral program edeem.

Admission is based on excellence, with about 25 students expected each year. Competitive scholarships are offered to students from all over the world. Applicants should have a Master's degree or equivalent. High focus is made on research, publication and presentation, with dedicated Jamborees and Summer Schools. 

Students have a mobility requirement in two "mobility" universities of the Consortium, two semesters in each. They are jointly supervised by two advisers from the mobility universities and a single defense is organized. After successful completion of the programme, the student could be awarded the "European Doctorate in Economics - Erasmus Mundus" joint degree, which is officially recognized as a national doctorate from the two mobility universities. This joint degree is agreed upon by four universities of the Consortium. As for the other partner universities, the student is awarded a double degree, which consists of two independent degrees awarded by the mobility universities.

The students have the opportunity to do an additional mobility of one semester in the EDE-EM network that gathers worldwide universities, firms, banks, insurance companies, from Australia, Czech Republic, China, Denmark, Japan, Korea, Russia, South Africa, Tunisia, and large private and public companies. The consortium is fully committed to the placement of students at the end of the programme.

EDEEM Website

Edeem study program in paris 1.

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PhD Program

The doctoral programme lasts in average 3 years during which students write their thesis within one of PSE laboratories. This programme is organized within the École Doctorale d’Économie ( ED465 ) that gathers research teams in Economics and related fields (applied math, statistics, sociology) of the University Paris 1, EHESS, ENS and ENPC. While preparing their thesis, PhD students receive training in the writing of academic articles in the fields of expertise of PSE’s faculty and are required to participate in both PSE’s regular research seminars and external conferences.

A number of PSE PhD alumni have been awarded prizes for their work, showing the high academic standards and the encouraging environment of this programme.

• Writing a thesis at PSE
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This programme is co-funded by a French government subsidy managed by the Agence Nationale de la Recherche under the framework of the Investissements d’avenir programme reference ANR-17-EURE-0001

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PhD program in Economics

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The PhD program in Economics (240 ECTS) is a North American-style program with around 35 doctoral students. A specially designed course program, the Stockholm Doctoral Course Program in Economics, Econometrics and Finance (SDPE) , is organized by SSE jointly with Stockholm University for the PhD students in Economics and Finance. This joint undertaking has developed into one of the strongest doctoral course programs in Europe.

Many of our PhD students spend one or two semesters visiting other highly-ranked universities in the US and Europe. Did you know that SSE is also a member of the European Network for Training in Economic Research (ENTER) together with other top economics departments in Europe?

Research from SSE PhD dissertations is frequently published in leading journals, with the Review of Economics and Statistics and the Quarterly Journal of Economics as recent examples. Our graduates have landed a variety of jobs, including faculty jobs in international universities (e.g. at Johns Hopkins University and NHH Norwegian School of Economics), policy organizations (e.g. at ECB and the Bank of Italy) as well as the private sector (e.g. at Spotify and Karma).

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Do you wish to receive more information about our upcoming events and the latest news about SSE? Subscribe to our newsletter by filling out this form .

We have specialized research areas in:

• Applied Econometrics
• Behavioral and Experimental Economics
• Macroeconomics
• Microeconomics

Master's Degree in Economics and Finance: PhD Track Program

Applications for the 2024-2025 edition are now closed

Please contact our Admissions Team if you have any questions.

Program Director

Davide Debortoli

PhD, Universitat Pompeu Fabra

ICREA-UPF, CREI and BSE

See all faculty below

The PhD track of the Master's Degree in Economics and Finance is the first year of the PhD program at Universitat Pompeu Fabra

Launched in 1993 and currently organized jointly by the UPF Department of Economics and Business and BSE, the  UPF PhD Program  attracts students of exceptional talent and provides a strong foundation, a stimulating environment, and worldwide placement in the most prestigious institutions, research centers, and universities. 

The PhD Track Program is Year 1 of the UPF PhD. Upon completion of the PhD Track Program, graduates are awarded the BSE Master's Degree in Economics and Finance and proceed to Year 2 of the PhD (detailed in the schedule below).

Study with accomplished research faculty

Courses in the PhD Track Program are designed and taught by  BSE Affiliated Professors  at the UPF Department of Economics and Business and the Center for Research on International Economics (CREI) , two of Europe's top research groups.

Among them are recipients of ERC Grants and other competitive international funding, authors of publications in top journals, and fellows of the Econometric Society and NBER, to name just a few of their accomplishments. They will be your teachers, your mentors, your thesis supervisors, and down the road, your colleagues.

Additional entry requirements for this program

Because this is a PhD-track program, applicants must: 

• Submit a GRE score to be considered for admission. (GRE is not required to apply to other BSE Master's programs.)
• Complete 4 years of university study before starting this program.

Program schedule: 

Upf phd program structure.

• Year 1: Compulsory core courses in Econometrics, Microeconomics and Macroeconomics (BSE PhD Track Program)
• Year 2: Coursework that prepares students to conduct research (UPF Master of Research - MRes)
• Years 3-5: Research and PhD dissertation This stage typically lasts 4 years, but shorter and longer intervals are not uncommon.

Year 1: BSE PhD Track Program (Master's Degree in Economics and Finance)

COURSEWORK IN MACRO, MICRO, AND ECONOMETRICS

The course offer displayed is for next year's edition. Course offer is subject to change.

Course list for current students

Master project

The master project is a required component of all BSE Master's programs. Working individually or in groups, students use the tools and knowledge they've acquired during the entire year to explore a topic of their choice. A professor supervises throughout the project.

Examples of master projects from previous cohorts:

Topics Related to Economics and Mental Health

Estimating causal effects in the absence of treatment observability, migration shocks and occupational downgrading: evidence from venezuelan migrants in chile, import price inflation following the 2021 suez canal blockage: (for)ever given or transitory.

After successful completion of Year 1, students are awarded the Master's Degree in Economics and Finance by BSE and Universitat Pompeu Fabra.

Year 2: UPF Master of Research in Economics, Finance and Management (MRes)

COURSEWORK THAT PREPARES STUDENTS TO CONDUCT RESEARCH

A variety of specialized elective courses taught by faculty of the UPF Department of Economics and Business and CREI will present students with cutting-edge research, help them find topics for their own research, and put them in contact with potential thesis directors.

Visit the UPF Department of Economics and Business to see a list of MRes courses

The department's broad workshops and seminar series complement the coursework with exposure to the latest research presented by renowned speakers from the best institutions around the world.

Upon successful completion of Year 2, students are awarded the Master of Research in Economics, Finance and Management (MRes) by Universitat Pompeu Fabra.

Years 3-5: UPF PhD in Economics, Finance, and Management

RESEARCH AND PHD DISSERTATION

Students conduct research under the guidance of the faculty of the UPF Department of Economics and Business and CREI. This stage typically lasts four years, but shorter and longer intervals are not uncommon.

After successful defense of the thesis, students are awarded the PhD in Economics, Finance and Management by Universitat Pompeu Fabra.

Degrees awarded

Both the BSE Master's Degree and the UPF Master of Research have been recognized by the Catalan and Spanish Education authorities within the framework of the Bologna Process (in Spanish, “Master Universitario o Master Oficial”).

The UPF PhD has been recognized by the Catalan and Spanish Education authorities (in Spanish, “Programa Oficial de Doctorado”).

Quality indicators for the BSE Master's Degree

UPF PhD Faculty

The teaching faculty for Year 1 are listed below. A full list of UPF Department of Economics and Business faculty members for all 5 years of the PhD program is available on the department website.

View a list of faculty for all 5 years of the PhD

Geert Mesters

PhD, VU University Amsterdam and Tinbergen Institute

UPF and BSE

Elisa Giannone

PhD, University of Chicago

CREI and BSE

Jaume Ventura

PhD, Harvard University

CREI, UPF, and BSE

Larbi Alaoui

PhD, University of Pennsylvania

Christian Brownlees

PhD, University of Florence

Isaac Baley

PhD, New York University

Edouard Schaal

PhD, Princeton University

CREI, UPF and BSE

Antonio Penta

ICREA-UPF and BSE

Katerina Petrova

PhD, Queen Mary University London

UPF and BSE - on leave

Jordi Galí

PhD, Massachusetts Institute of Technology

Priit Jeenas

Alexander Frug

PhD, Tel Aviv University

PhD Track Student Profile 2023-24

21 students from 10 countries (90% international)

Most represented countries this year: 

• Spain and India (2 students each)

Most common undergraduate backgrounds:

• Economics and Finance

Build your career and your network

In addition to a track record of strong placements, both the BSE Master's program and the UPF PhD program offer access to a close-knit community of colleagues, mentors, and friends for life.

UPF PhD placement examples

Past graduates of the UPF PhD program have obtained tenure-track positions in:

United States Chicago, Duke, NYU, Stanford, UC San Diego

Europe Bocconi, Bonn, Carlos III, Cemfi, ESADE, IESE, IIES-Stockholm University, LSE, Mannheim, Nova de Lisboa, Oxford, Tilburg, UCL, Warwick, Zurich

Latin America ESPOL, ITAM, Pontificia Universidad Católica del Perú, Universidad de Los Andes

Asia Singapore Management University, Shanghai University of Finance and Economics, Zhejiang University

Some UPF PhD graduates choose employment with organizations and companies such as:

Central Banks Banca d’Italia, Bank of England, Federal Reserve Board, Bank of Canada, Deutsche Bundesbank, European Central Bank, etc.

International Organizations International Monetary Fund, the World Bank, Inter-American Development Bank

Economic Consulting Firms NERA, Deloitte, JP Morgan

See all UPF PhD placements by year (UPF website)

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Our PhD programme where PhD candidates are encouraged to do pioneering and innovative research under the personal supervision of internationally acclaimed top researchers. Our PhD candidates are employees of the school who receive a competitive salary and have access to all the benefits of working at a top-class university.

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Oslo PhD Initiative in Economics

The Oslo PhD Initiative in Economics is a cooperation between BI Norwegian Business School (BI) and the University of Oslo (UiO) to make Oslo one of the most attractive places to do a PhD in Economics and Business Economics in Europe.

The Initiative has two pillars which draw on faculty excellence from both departments. Pillar One consists of a common PhD research seminar, in which PhD candidates from both departments interact and discuss their on-going research ideas under the guidance of two faculty from the two departments. Pillar Two consists of a broad set of elective courses offered by both departments, which span all fields on the research frontier in Economics, and which PhD candidates at the two departments can take.

BI Department of Economics:

• Courses at BI
• PhD specialisation in Economics at BI

UiO Department of Economics :

• Courses at UiO
• PhD specialisation in Economics at UiO

Useful links

• Tips 4 Economists by Masayuki Kudamatsu
• Research Advice by Keith Head   
• Ten Commandments for How to Give a Seminar by Kjetil Storesletten
• Jesse M. Shapiro - How to give an applied micro talk
• Rachael Meager - Public Speaking for Academic Economists
• Paul Goldsmith-Pinkham - Beamer Tips
• Eliana La Ferrara - How to present your job market paper
• Carmine Gallo - How to Rehearse for an Important Presentation
• Marc F. Bellemare - 22 Tips for Conference and Seminar Presentations

• Admissions & Contacts
• EDP Jamboree
• Testimonials

Welcome on EDP website 

The European Doctoral Program in Quantitative Economics

A long-running  network of six of the top Economics Departments  in Europe allowing for the exchange of their PhD students for a period between three months and one year.  

This is  an exchange programme for PhD students  who are  already enrolled in one of the partner institutions. Its aim is to allow PhD students to benefit from these institutions’ strengths in the various research areas of economics. PhD degrees are awarded by the applicant’s home institution. In addition, the network provides a certificate stating that the degree is awarded under the European Doctoral Program. 

EDP students are required to spend at least three months abroad in an EDP institution different from that in which they are registered. EDP exchanges typically do not come with any fee requirement from the host institution, and students may be able to access the host institutions’ student housing. However, the host institutions do not provide any funding for the visit (these exchanges are typically funded by programs in the student’s home institution or by applications for research funding). 

The spirit of the program is to  encourage the European mobility of PhD students  and by doing so help them to produce better research. Students will be provided with office space in the host institution, have access to all seminars and workshops, and will have a named local researcher as their contact in the host institution. EDP students are also encouraged to take an active role in local research activities, including seminar presentations and joint research projects. Last, all EDP students will take part in the annual EDP Jamboree, a two-day workshop with other EDP exchange students that takes place annually in one of the EDP Member Institutions, and present at least once. 

Member institutions

Université catholique de Louvain – Economics School of Louvain (Belgium)  

Paris School of Economics (France)  

University of Bonn – Bonn Graduate School of Economics (Germany)  

European University Institute, Florence – Economics Department (Italy)  

Universitat Pompeu Fabra, Barcelona – Department of Economics and Business (Spain)  

Exchange partner :   

Tel Aviv University – The Eitan Berglas School of Economics (Israel)  

• CEU PU - Deutsch
• Közép-európai Egyetem

The Doctoral School in Economics at CEU was launched in 2000/2001. The program has been accredited in the US since the beginning; its Hungarian accreditation took place in 2005. Each year 7-8 students are admitted into the program. The language of teaching is English, its structure and the content follow the US standards. The Doctoral School provides up-to-date knowledge in economic theory, quantitative methods and several applied fields. Quality education is assured by internationally recognized Faculty with research interests in many areas in economics. The program prepares the students for careers in education, research and the public sector.

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Hungarian phd diploma awarded, phd student accepts job offer at university of amsterdam, department of economics and ceu business school launch new program.

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• Study in Europe /

PhD in Economics in Europe

• Updated on  
• Jan 4, 2024

Are you considering pursuing a PhD in Economics in Europe? Then you’re in the right place! Europe is home to some of the world’s most prestigious universities that offer doctoral programs in economics. The Doctoral Programme in Economics (DPE) at the University of Helsinki is one such program that promotes doctoral education in economics by providing courses and seminars based on a program launched in 1990. Similarly, there are many such universities across the continent offering doctoral programs in Economics at affordable fees. Read on to know more about pursuing an Doctorate in Economics in Europe!

This Blog Includes:

Phd in economics in europe: overview, phd in economics: the course, why choose europe for phd, top universities for phd in economics in europe, phd within the framework of the european higher education area, cost of phd in economics in europe, careers and scope.

A PhD , also known as a Doctor of Philosophy degree, is a doctorate awarded by a university to an academic who has completed all required qualifications and is now considered a doctor in his or her academic field. Those who study economics first learn the distinctions between microeconomics and macroeconomics. Microeconomics is concerned with the behaviour and interactions of individual markets, such as households and firms. On the other hand, macroeconomics is focused on the state of the economy as a whole. Over 4,000 higher education institutions are located in Europe, ranging from world-class research organizations to small, teaching-focused universities. Europe, which expands from the Arctic Circle to the African coast, is not unlike other continents.

• A PhD in Economics typically includes coursework in both macroeconomics and microeconomics. However, if you want to teach or conduct formal research in economic subjects, this is a useful degree. Once the proposal is approved and the oral exam is passed, the final years of enrollment are devoted to dissertation research, writing, and defence.
• The major opportunity in the field of Economics is that it is primarily involved in research. A PhD degree should be pursued only if a person has a strong interest in research-oriented work. PhDs are typically pursued by individuals involved in the academic field. This may lead to a better understanding of the specific field or subject.
• After completing the PhD in Economics course, students will be able to understand a wide range of theoretical debates in economics and business, analyse economic problems, and evaluate the implications for economic policy and business planning and strategy.
• Most economist jobs require a master’s degree or a PhD in Economics. For advancement to higher-level positions, an advanced degree is sometimes required.

Also Read: Find the Best PhD in Europe to Study

Europe is a popular destination for postgraduate study. There are numerous reasons why people choose to pursue their master’s or PhD programme in Europe, not the least of which is Europe’s excellent reputation in terms of high educational standards, as well as the general way of life, vast amounts of choices and options, and cultural diversity. Here are some of the main reasons why you should pursue your PhD in Economics in Europe:

• Great Experience

Many students choose to pursue a postgraduate degree in Europe because of the overall experience it can provide. The ability to get cheap trains and flights to visit a variety of countries within Europe during a free weekend or the Christmas or Easter holidays is one of the benefits. If you live and study at a university in Europe, the rest of the continent is right on your doorstep, waiting to be explored.

• Quality of Education

Europe’s university quality is extremely high, with some of the world’s top-ranked institutions such as University College London, the University of Cambridge, and the University of Oxford in the United Kingdom. These universities, along with many others in Europe, are all held in high regard around the world and demonstrate Europe’s ability to provide an exceptional standard of teaching for postgraduate students.

• Budget Friendly

Pursuing a master’s degree or PhD programme in Europe can also be financially advantageous because tuition fees can be much lower than those in other countries such as America. Postgraduate course fees in Europe typically range from €5,000 (INR 4,10 Lakh) to €25,000 (INR 20.5 Lakh), depending on the university’s status and the course topic. Most postgraduate courses for international students cost €15,000 (INR 12.3 Lakh), which is significantly less than those in the United States.

• Possibilities for employment

Studying in a European city is advantageous for your future career because their student populations are large and diverse. This gives the postgraduate student a broader life experience while also providing excellent networking opportunities. Potential employers are well aware of the high quality of higher education institutions in Europe, which can undoubtedly help you along your chosen career path. Your chosen European university is likely to impress potential employers, which can help you advance your career.

According to the most recent international rankings, the following are the best economics schools for PhD in Economics in Europe:

• London School of Economics and Political Sciences (LSE), UK
• University of Oxford, UK
• University of Cambridge, UK
• University College London (UCL), UK
• Bocconi University, Italy
• University of Warwick, UK
• Tilburg University, Netherlands
• University of Zurich, Switzerland
• London Business School, UK
• ETH Zurich, Switzerland

EHEA is a network of 48 countries that use the same university degree system. It consists of all 28 EU members (including the United Kingdom) as well as other countries from Europe and Eurasia.

The Bologna Process, which was signed in 1999 at the University of Bologna (Europe’s oldest university), is followed by all EHEA members. This divides academic degrees into three categories:

• Bachelor’s degrees are first-cycle degrees that typically take 3 years to complete. 
• Master’s degrees are second-cycle degrees that typically last 2 years.
• Doctorates (such as PhDs) are third-cycle degrees that typically take three to four years to complete.

Academic degrees obtained in one EHEA country are automatically recognised in others. This makes studying abroad in different parts of Europe or working in another European country with your doctorate much easier.

According to the National Center for Education Statistics, a PhD in Economics in Europe costs an average of $19,314 (INR 15.9 Lakh) per year. This amount represents the average graduate tuition charged by both public and private institutions between the years 2018 and 2019. Tuition fees vary by school, and private universities are frequently more expensive than public universities.

Also Read: PhD in Germany

A PhD in Economics in Europe will provide you with career stability and financial security. Career opportunities in economics are excellent, as employment in these fields is expected to grow faster than the national average. Continue reading for a list of some of the best PhD in Economics jobs for graduates, as well as an overview of their annual salaries. According to PayScale, the average salary for someone with a PhD in Economics is $110,000 (INR 90.66 Lakh) per year. This value varies depending on your career path, the company you work for, and even the industry in which you work.

A PhD in Economics in Europe is well worth the investment. Obtaining a PhD in economics is an excellent way to gain valuable skills for the econ job market, improve your overall communication, and ensure financial security and stability throughout your career.

Economics PhD graduates have the option of conducting research and teaching in prestigious institutions, prestigious government positions, or ongoing work at some of the highest-paying private institutions.

Relevant Reads:

Many universities depend on outside funding to establish PhD positions. External funding is frequently provided in the form of research grants for specific research projects. The European Commission and national scientific research councils are two common funding sources.

In general, a PhD in Europe takes at least four years to complete, though there are three- and five-year programmes, as well as part-time options.

In Europe, the average monthly minimum salary for a PhD student is €2,600. It is important to note that this figure includes all disciplines, not just science and engineering.

Consider an economics PhD if you want to work in research, are good at math (i.e., quant GRE score above 165), and have a demonstrated interest in economics research.

To help you shortlist colleges/universities in Europe or any other country, please contact Leverage Edu . You can also call us at 1800 57 2000 for a free 30-minute counselling session.

Vidisha Dewan

Graduated with English as a major, I’m a writing enthusiast. Writing helps me blend my passion and profession to achieve creative satisfaction. I am an opinionated person, but always open to change. Try to keep my work surroundings creative and fun, with a space for constructive feedback.

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Law & Economics today pervades research in all fields of interest. The application of economic thought to legal analysis enables innovative solutions to problems of the law – be it the design of transnational legal relations, organisational statutes for states or corporations, the drafting of single private transactions or enforcement strategies. The European Doctorate in Law & Economics is one of the largest doctorate programmes in the field. It is a joint doctoral programme by five of the leading European universities: the Universities of Bologna, Hamburg, Prague, Rotterdam, and Rennes. The stipend-based programme aims at addressing a new class of outstanding PhD researchers from all over the world. We cordially invite interested candidates as well as readers from academia and practice to tour this site and inform themselves about the opportunities of doctorate research in the EDLE programme.   Sincerely yours, Prof. Dr Elena Kantorowicz-Reznichenko, Managing Director of the Programme

Regular Application window open from 1 November – 1 February

PhD position in “Economic Life Cycle Costing and Life Cycle Sustainability Assessment of Hydropower”

Job information, offer description.

This is one of two PhD positions that are part of an international and multidisciplinary research project funded by the European Commission’s Horizon Europe programme entitled “Innovative Storage Technology and Operations in Hydropower”. The overall project goal is to develop innovative and sustainable pumped storage technologies and control strategies to support the flexibility and resilience of the EU energy grid. This is achieved by enhancing the lifetime and recyclability of components and equipment, devising operation strategies for unconventional conditions (e.g. salt water or coal mine applications), and through sensor-based condition monitoring systems. Furthermore, digital tools for operational management are employed to consider the dynamics of renewable energy generation and demand as well as improving efficiency and reliability. These individual components are integrated in a cyber-physical platform for advanced decision support to promote a broader operating range and increased flexibility of EU hydropower generation and storage as part of Europe’s energy transition. The specific focus of your PhD project is the analysis of costs caused by the innovations developed in the project along the value chain (production, use and maintenance, recycling). You get the chance to work with technological and operational hydropower experts from the early development stages of technologies to inform and influence the design processes. By means of economic life cycle costing analysis (LCC) you will determine capital expenditures (CAPEX), their relation to operational expenditures (OPEX), as well as “hidden” costs along the value chain. Further, you can develop ways to translate environmental/societal impacts determined by project partners into economic costs (monetization) to allow for a comparison and aggregation of internal costs and environmental/societal externalities. Finally, you will integrate the economic analysis into a broader life cycle sustainability assessment (LCSA) to identify synergies and trade-offs between technological, environmental, economic and societal aspects to support decision making in the development of hydropower technologies. The integration could be conducted through an absolute sustainability assessment that considers staying within planetary boundaries and meeting basic human needs (doughnut economics). You will work in close cooperation with a second PhD candidate whose focus is on environmental life cycle assessment.

Requirements

We are looking for an enthusiastic, professional, and ambitious colleague, with the following profile.

• You hold a Master’s degree in a field relevant to the PhD topic, such as (Environmental or Ecological) Economics, Engineering, or Environmental Sciences;
• You have a strong background in life cycle costing, life cycle assessment, sustainability analysis, or other relevant fields;
• Knowledge of monetary valuation, ecosystem services, hydropower and energy storage or other relevant technologies is an asset;
• You have strong analytical skills;
• You exhibit high levels of self-motivation while also being a team player;
• You enjoy working in a multidisciplinary research setting with an international research team to achieve both scientific excellence and technological relevance;
• You can prove your excellent command of the English language and strong (professional) communication skills.

Additional Information

You will be employed full-time for a period of 4 years. The university offers a dynamic ecosystem with enthusiastic colleagues in which internationalization is an important part of the strategic agenda.

• A full-time 4-year PhD-position;
• We provide excellent mentorship and a stimulating research environment with excellent facilities;
• A salary of € 2.770 gross per month in the first year and a salary of € 3.539 in the fourth year gross per month;
• A holiday allowance of 8% of the gross annual salary and a year-end bonus of 8.3% of the gross annual salary;
• A solid pension scheme;
• Minimum of 29 holidays per year in case of fulltime employment;

For additional information regarding this position, you can contact prof.dr.ir. Markus Berger, email [email protected] . Please apply by uploading a motivation letter (1 page), your CV (max 2 pages), a writing sample (max 1 page e.g., an abstract of a publication or a summary of your master’s thesis) as well as relevant certificates until 10 June 2024 using the link below. The first (online) job interview will take place on 18/19 June 2024. We encourage Master students to apply even if they still have to graduate in the coming months.

Work Location(s)

Where to apply.

Economics for Disaster Prevention and Preparedness in Europe

Europe is facing overwhelming losses and destruction from climate-related disasters. From 1980 to 2022, weather and climate-related events across the EU caused total losses of about €650 billion , or around €15.5 billion per year. Recent disasters, such as floods in 2022 and wildfires in 2023, have highlighted the vulnerabilities of critical infrastructure, including emergency response buildings such as fire stations, but also roads and power lines.

To guide priority investments in disaster and climate resilience and strengthen financial resilience, the report series  Economics for Disaster Prevention and Preparedness —developed by the World Bank and the European Commission—offers evidence and tools to help countries take a more strategic approach to boost their climate resilience. These approaches are also being promoted and operationalized through the ongoing Technical Assistance Financing Facility for Disaster Prevention and Preparedness (TAFF) ,  funded by the European Commission, and implemented by the World Bank and the Global Facility for Disaster Reduction and Recovery ( GFDRR ).

From Data to Decisions: Tools for making smart investments in prevention and preparedness in Europe

Half of EU Member States have fire stations located in areas with high levels of multiple hazards including wildfires, landslides, floods, or earthquakes. Investing in disaster resilience makes economic sense , and there is an urgency to scale up investments in disaster and climate resilience in a cost-effective and smart manner. This report provides guidance and examples on how to make focused and smart investments to increase the disaster and climate resilience of critical sectors, including those that provide emergency-response services. Risk data, analytical tools, and examples can guide decision-making toward high-priority areas and enable a strategic approach that maximizes benefits of investing in resilience.

Investing in Resilience: Climate adaptation costing in a changing world

The report provides new insights into the costs for a country to adapt to the impacts of climate change, new costing approaches, and best practices with estimated ranges for various sectors and multiple risks. While the estimated cost of climate adaptation varies significantly, in the EU, climate change adaptation costs up to the 2030s are estimated(based on extrapolation from national studies) to be between €15 billion to €64 billion. As Europe grapples with the escalating risks of climate change , the urgency to develop 'adaptation pathways' is paramount. These decision-making approaches enable countries to prepare and act amidst uncertainty, informed by current and future climate risks.

Financially Prepared: The case for pre-positioned finance

Floods, earthquakes, landslides and storms, wildfires and droughts, extreme heat risks create additional pressure on already constrained response and recovery budgets. The size of a potential funding gap due to major earthquakes and floods varies between €13 billion to €50 billion . Should a drought or a wildfire happen in a year where a major earthquake or flood has already occurred, there would be no funding available at the EU level to respond to a wildfire or drought event. Countries in Europe need to enhance their financial resilience through better data utilization and innovative financial instruments, including risk transfer to the private sector.

Related reports

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SUMMARY  | BACKGROUND REPORT

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