Our Economics MPhil and PhD programmes aim to develop rigorous scholars who can advance both academic knowledge and practice in the area of Economics. The programmes are 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.
Newcastle University Business School is accredited by the:
- Association to Advance Collegiate Schools of Business (AACSB)
- European Quality Improvement System (EQUIS)
- Association of MBAs (AMBA)
Only 1% of business schools worldwide hold ‘triple accreditation’. This accolade is a huge endorsement that reflects the investment we make for our students by providing a high quality teaching environment, innovative programming and active engagement with industry.
Newcastle University Business School is one of the largest Schools in the University, with over 3,100 students representing over 93 nationalities. The School's location and modern design creates a dynamic centre point for a valuable network of regional, national and international thought leaders, alumni and leading professions.
Our facilities provide:
- a flexible and dedicated conference suite with panoramic views across the city
- Wi-Fi enabled connectivity throughout the building, including three computer clusters housing approximately 120 PCs
- four large lecture theatres and 21 seminar rooms, providing comfortable teaching and group study space
- a dedicated Hub, Base, and Lounge providing a balanced mix of study space and relaxation areas
- a contemporary café
View some of the Business School facilities.
In the news
Watch our student videos for a unique insight into student life at Newcastle.
published on: 30 August 2017
Student blogger Qianyi's guide to postgraduate study.
published on: 30 August 2017
Student blogger Surangnut gives you a seven month update on her postgraduate experience.
published on: 30 August 2017
Training & Skills
As a research student you will receive a tailored package of academic and administrative support to ensure you maximise your research and future career. The academic information is in the programme profile and you will be supported by our doctoral training centres, Faculty Training Programme and Research Student Support Team.
Our Faculty Training Programme provides a community made up of postgraduate social sciences and humanities students and staff. It is a unique blend of cross-disciplinary and generic researcher development training, recognised by the Economic and Social Research Council (ESRC) and the Arts and Humanities Research Council (AHRC) as providing a solid basis for doctoral study.
Although your focus will be on your specialist study, our aim is for you to develop a broad range of research and project management skills that will support you in your career ahead. We have nurtured a multi-cultural, multi-disciplinary and supportive environment where staff and students from across the world can come together and share their research experiences. You can also choose to register for a Postgraduate Certificate in Research Training, which accredits the core foundation modules on the training programme.
You will study in our Doctoral Training Suite with purpose-built facilities for lectures, workshops, seminars and computer access to specialist software required for doctoral research in the social sciences and humanities. Each year we have two student-led research postgraduate conferences and we have a variety of prizes and awards to celebrate the successes of our students.
ESRC Northern Ireland/North East (NINE) Doctoral Training Partnership
The ESRC Northern Ireland/North East (NINE) Doctoral Training Partnership is a joint venture between Durham University, Newcastle University, Northumbria University, Queen’s University Belfast, University of Sunderland, Teesside University and Ulster University. We are a centre of excellence for postgraduate social sciences. We offer a world-class, interdisciplinary environment for doctoral training and research.
Funded and accredited by the ESRC, we are one of the most innovative of the national network of doctoral training centres with a strong track record of partnership working with public, private and community organisations.
Postgraduate Research Student Support
Our award winning Research Student Support Team is dedicated to providing you with information, support and advice throughout your research degree studies. The team can help and advise you on a variety of issues from registration to producing your transcripts.
Fees & Funding
The fees displayed here are per year.
Full time: £4,800
Part time: £2,400
Full time: £4,800
Part time: £2,400
Full time: £15,600
Find out more about our tuition fees, including how to pay them and available discounts.
EU students starting at Newcastle in 2018 will pay the UK (Home) tuition fee for the full duration of their course.
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.
Find out the equivalent qualifications for your country.
Use the drop down above to find your country. If your country isn't listed please email: email@example.com for further information.
English Language Requirements
Select an English language test from the list to view our English language entry requirements.
Please email us at firstname.lastname@example.org for further information.
Pre-sessional English Course RequirementsPre-sessional English Course Requirements
- 6 week Pre-sessional entry:Not accepted
- 10 week Pre-sessional entry: IELTS 6.5 overall (with 6.0 in writing and a minimum of 5.5 in all other sub-skills)
You can study our Pre-sessional English course at the INTO Newcastle Centre.
How to Apply
You will need to submit a research proposal with your application. Read our guidelines for producing a research proposal (PDF: 41.5KB) from the Faculty of Humanities and Social Science Graduate School.
There are usually two possible start dates, although in some circumstances an alternative start date can be arranged. These are either January or September.
There is no application closing date for this course, but funding deadlines may apply.
We suggest international students apply at least two months before the course starts. This is so that you have enough time to make the necessary arrangements.
If you live outside the UK/EU you must:
- pay a deposit of £1,500
- or submit an official letter of sponsorship
The deposit is payable after you receive an offer to study at Newcastle University. The deposit is non-refundable, but is deducted from your tuition fees when you register.