The Department of Economics is calling for expressions of interest from exceptional candidates who would like to conduct research into one of the following areas:
- development economics
- macroeconomic and microeconomic theory
- applied economics
We’re seeking applicants who hold a prior research degree with an 80% average, and who want to be part of a dynamic and intellectually stimulating environment supported by world class facilities.
- Economic students commence in T1 (March) of each year.
The Department of Economics is ranked equal 7th in Australia according to the QS World University Rankings by Subject 2019. The PhD program is supported by experienced researchers with an excellent track record of publishing in top journals in the discipline, including:
- AEJ: Macroeconomics
- Journal of Economic Theory
- Review of Economics and Statistics
- The Economic Journal.
As part of the Business School’s commitment to the recruitment of world-class researchers, the department has hired academics who hold PhD degrees from renowned universities, including Emory University, London School of Economics, Ohio State University, University of Rochester, and University of Texas at Austin. The department has also hired Professorial Research Fellows who further strengthen the departments supervisory and research capability, including Professor Ahmed Mushfiq Mobarak (Yale University), Professor Christopher Waller (Federal Reserve Bank of St. Louis), and Professor Utku Unver (Boston College).
The Department of Economics admits a small number of students into the PhD program each year, allowing us to offer a very high standard of individual attention.
Students specializing in development economics also have the option to visit Yale University for a period of 9 to 12 months, where they will be part of Professor Mobarak’s working group of PhD students.
Our doctoral program is designed to prepare PhD students for successful careers in academia, industry, or government. Students complete six coursework units in their first year of study. These units are:
- MAE901 Advanced Econometrics
- MA903 Advanced Economic Theory
- MAE905 Macroeconomic Theory and Policy
- MAE906 Econometrics II
- MAE907 Macroeconomic Theory II
- MAE908 Microeconomic Theory II
At the end of their first year of study, students will defend their thesis proposal in a process called confirmation of candidature. Confirmed students then spend the remainder of their candidature completing their doctoral research.
You will be an ideal candidate for a PhD in Economics if you have these attributes:
- Intellectual curiosity
- Strong academic background in Economics, Mathematics or Statistics while also demonstrating potential to complete PhD-level courses in Economics to a high standard
- Strong referee letters that are able to rank the candidate relative to their peers and also relative to previous cohorts
- Ability to clearly articulate contributions and gaps in one’s own research work as well as the research work embodied in key papers in the academic literature within one’s field of interest
- Strong GRE or GMAT scores are valuable but not mandatory* (note scholarship top-up).