stockholm university economics phd

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PhD studies at the Department of Economics

The Department of Economics provides post graduate studies in business studies, and economics. Doing a PhD at our Department implies getting a clear subject specialization, normally applied to the agrarian sector or environmental problems. Currently, we have about twenty PhD students.

PhD Studies at the Department of Economics

The education takes four years, ending with a doctoral degree. It is also possible to finish the post graduate studies after two years. The student then gets a licentiate degree. About half of the post graduate education is devoted to course work and half to research. After finishing the post graduate education, the doctor can for example continue doing an academic career or do a career in the industry or within authorities. Here you can find general study plan.

Generally, the Department of Economics employs post graduate students starting in the autumn every other year, but sometimes post graduate students are employed at other times of the year as well. All post graduate students get a position as a PhD student (i.e. they are employed which includes social benefits). The positions are financed either by the Department’s research budget or by external funding.

The positions are advertised at  www.slu.se , so please check that webpage regularly if you are interested in joining our team of post graduate students. Doing a PhD at our Department is a fun and challenging experience, which implies being an active part of the research units at the Department.

Recruitment and Admission

RECRUITMENT AND ADMISSION

Here you will find an overview of the admission process for doctoral students to an advertised position , and to a position that has not been advertised

Templates to be used:

• Instructions for interviews
• Letter of acknowledgement
• Admission of a new doctoral student - application from the student
• Recommendation of admission of a new doctoral student - application from the department to the faculty board
• The ISP portal for digital management of the doctoral students ISP.

More info for recruitment and admission

Milestones YEAR 1

INDIVIDUAL STUDY PLAN (ISP)

Renew your preliminary Individual Study Plan (ISP) within a period of 3 mounts via the ISP portal for digital management of doctoral students ISP. Only preliminary ISP’s need to be renewed.      

Make sure you are registered for the PhD courses   , (name, personal number, and e-mail address are needed). Coordinate with your supervisor(s). Make sure your completed PhD courses  are registered in Ladok. Coordinate with the PhD studies administrator.

TIME MANAGEMENT

Good time management is important! Activities included in doctoral courses and programmes are stated in the ISP. In addition,   the doctoral student continually registers the type and extent of both,  i) activities included in the program (a recommended template) and ii) activities that are not included in the program but conducted in parallel with the doctoral program ( SLU-approved template).  The principal supervisor and doctoral student review (at least two times/year is a suggestion) how much time has been spent on courses, research activities, other relevant information regarding teaching, sick leave etc. during the year.

SALARY AGREEMENT

Doctoral student salary agreement , level A - starting salary

Milestones YEAR 2

FOLLOW UP AND INDIVIDUAL STUDY PLAN (ISP)

Follow up of the ISP from year 1 ( 25 % of net study time) . The annual follow-up of must be carried out by the student and the supervisor at a formal meeting , and must be based on the general syllabus for the subject, an up-to-date extract from Ladok and the most recent version of the ISP. The follow-up should focus on the individual learning outcomes and the following must be assessed: How is the programme progressing? Can the programme be completed as currently planned? What action can be taken to improve the programme? What is planned for the coming year? The following two checklists can be of help: 1) checklist for the annual follow-up , and 2) checklist for discussing forms of cooperation .

New ISP  is prepared for year 2 via the ISP portal for digital management of the doctoral students ISP. The follow-up is documented in the ISP. The principal supervisor and the student sign the commitments document, after which the entire ISP is registered and filed. The commitments document is valid for a maximum of one calendar year from the date of signature.

Doctoral student salary agreement, level B. The salary increase at 25 % of the net study time requires an approved revised individual study plan.

COURSES AND THESIS PREPARATION

Make sure you are registered for the PhD courses , (name, personal number, and e-mail address are needed). Coordinate with your supervisor(s). Make sure your completed PhD courses  are registered in Ladok. Coordinate with the PhD studies administrator.

Papers in the thesis and the role of the doctoral student: Papers planned to be included in the doctoral thesis are stated in the ISP. It is recommended that the student is first author, or corresponding author, of at least two of the papers that make up their thesis. This recommendation is based on the wish to secure the possibilities for students to be involved in all steps of the publication process, and get the necessary experience of the publication process. In case if, the student does not appear as first author/corresponding author, on at least two papers in a compilations thesis, all supervisors must in writing clearly o explain why. Details can be found from the guidelines for the order of authors on papers . A compilation thesis for a degree of Doctor consist of at least three papers, and at least one of the papers must have been accepted for publication or have been published in an international scientific journal.

Milstones YEAR 3

HALF-TIME SEMINAR, FOLLOW UP AND INDIVIDUAL STUDY PLAN (ISP)

Half-time seminar: After two years' net study time, but before the midway review the doctoral student must hold a department seminar at which he/she displays sufficient ability to: orally present his/her thesis work; discuss and analyse general and specific methods in the subject area; independently discuss and analyse the results achieved. The oral presentation must be assessed by a person who has been admitted as  docent,  or possesses scientific competence considered by the faculty board to be equivalent to that required of a  docent  in the relevant subject. A supervisor or other person with a conflict of interest may not be an assessor. Conclusions and comments from the assessment must be related to the individual learning outcomes and the nature of the subject, and must be discussed with the student in conjunction with the annual follow-up. Instructions for the examiner can be found in the template: half-time seminar - instructions for the evaluator.

New ISP is prepared for year 3 via the ISP portal for digital management of the doctoral students ISP. The principal supervisor and the student sign the commitments document, after which the entire ISP is registered and filed. The commitments document is valid for a maximum of one calendar year from the date of signature.

Half-time follow up (50 % of the net time): In conjunction with the half-time follow up, the supervisor, doctoral student and a director of PhD studies discuss the updated ISP and the seminar and decide whether the general prospects of the program and the thesis are sufficiently good.  A template for half-time follow up should be used.

Doctoral student salary agreement, level C ( 50 % of net study time ). The salary increase at 50 % of the net study time requires: i) an approved half-time seminar with an external examiner, ii) an approved revised individual study plan and iii) an approved half-time follow-up.

Make sure you are registered for the PhD courses, (name, personal number, and e-mail address are needed). Coordinate with your supervisor(s). Make sure your completed PhD courses are registered in Ladok. Coordinate with the PhD studies administrator.

Papers in the thesis and the role of the doctoral student: Papers planned to be included in the doctoral thesis are stated in the ISP. It is recommended that the student is first author, or corresponding author, of at least two of the papers that make up their thesis. This recommendation is based on the wish to secure the possibilities for students to be involved in all steps of the publication process, and get the necessary experience of the publication process. In case if, the student does not appear as first author/corresponding author, on at least two papers in a compilations thesis, all supervisors must in writing clearly o explain why. More details can be found from the Guidelines for the order of authors on papers . A compilation thesis for a degree of Doctor consist of at least three papers, and at least one of the papers must have been accepted for publication or have been published in an international scientific journal.

Good time management is important! Activities included in doctoral courses and programmes are stated in the ISP. In addition,   the doctoral student continually registers the type and extent of both:  i) activities included in the program (a recommended template) and ii) activities that are not included in the program but conducted in parallel with the doctoral program ( SLU-approved template).  The principal supervisor and doctoral student review (at least two times/year is a suggestion) how much time has been spent on courses, research activities, other relevant information regarding teaching, sick leave etc. during the year.

Milestones YEAR 4

New ISP is prepared for year 4 via the ISP portal for digital management of the doctoral students ISP. The principal supervisor and the student sign the commitments document, after which the entire ISP is registered and filed. The commitments document is valid for a maximum of one calendar year from the date of signature.

Final follow up: the supervisor, doctoral student and the Director of PhD studies revise the study activities, and the realistic time plan for the remaining time of the PhD education, and decide whether the general prospects of the program and the thesis are sufficiently good. A template for the Final follow up should be used.

Doctoral student salary agreement, level D ( 75 % of net study time ). The salary increase at 75 % of the net study time requires: i) an approved revised individual study plan and ii) an approved final follow-up.  

COURSES, THESIS PREPARATION WRITING

Make sure you have completed and registered all the courses in Ladok. Coordinate with the PhD studies administrator.

Papers in the thesis and the role of the doctoral student: Papers planned to be included in the doctoral thesis are stated in the ISP. It is recommended that the student is first author, or corresponding author, of at least two of the papers that make up their thesis. This recommendation is based on the wish to secure the possibilities for students to be involved in all steps of the publication process, and get the necessary experience of the publication process. In case if, the student does not appear as first author/corresponding author, on at least two papers in a compilations thesis, all supervisors must in writing clearly explain why. Details can be found from the Guidelines for the order of authors on papers . A compilation thesis for a degree of Doctor consist of at least three papers, and at least one of the papers must have been accepted for publication or have been published in an international scientific journal. In case if these conditions are not satisfied, an external pre-examination is needed. The application must explain why the requirements need not be met. Standard template for Pre-examination minutes compilation thesis is used.

Here you can find the SLU template for doctoral thesis .

CHECK LIST BEFORE THE DISSERTAION

4-6 mounts before the dissertation (the principal supervisor) : book a time for dissertation by contacting the SLU’s Education Officer   responsible for the Department of Economics. Free time slots can be found in the calendar for public defense (NJ-faculty) . Contact the opponent, the committee members and the chair. Book a room.

3 mounts before the dissertation (the principal supervisor and the PhD student): The Application for defense of thesis and a Declaration for conflict of interest  must be submitted to the office at least 3 months before the dissertation (12 weeks for PhD students admitted before 2013). After a decision on disputes, the Office sends information to the opponent, committee, chairman, doctoral student and supervisor via e-mail. The information contains a copy of the decision as well as the student's degree and information about the dissertation act. After the decision, the supervisor is responsible for the administrator / economist of the institution receiving addresses to the opponent and the committee to prepare any travel expenses and fees.

3 weeks before the dissertation (the PhD student): Time for ”nailing” the thesis”. One example of the thesis to be sent to registry office ”registrator” and the ”library” as well as published in electronic version in Epsilon .

Dissertation day (the principal supervisor): After the public defence, one copy of the Examining committee minutes to be given to the local administrator for registration in Ladok. The original to be sent to the faculty office.

Research School: People, Society and Sustainability (PSS)

The Department of Economics and the Department of Urban and Rural Development are joined in the research school People, Society and Sustainability (PSS).

PhD courses and general study plan

Here you can find information about SLU's Doctoral student courses, Doctoral education subjects and general syllabuses.

From registration to defense

To all PhD students and supervisors (guidelines, templates, regulations). This portal lists links to more information.

Related pages:

Gordana Manevska Tasevska, Analyst Department of Economics, Applied Analysis [email protected] , 018-671724, 073 9235308

Forms and check-lists for doctoral education Instructions and templates for application for prolonged study time due to Corona Search for Doctoral courses Travel grants and stipends (scholarship) Rights and obligations in doctoral education NJ Faculty -  PhD student council - Ultuna studentkår (ULS) The ISP portal

Stockholm School of Economics

One of the leading business schools in europe..

Location : Stockholm

Founded : 1909

Students : 2000

Faculty : 150

Website : Stockholm School of Economics ↗️

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Campus location

Study at one of the best business schools in europe.

What is Stockholm School of Economics best known for?

The Stockholm School of Economics (SSE) is a private university that was founded in 1909 by the Swedish industry. SSE is rated as the top business school in the Nordic and Baltic countries and is highly regarded internationally. The business school offers programs of the highest international standards, including Bachelor, Master, PhD, MBA and Executive Education programs. All programs are taught in English. The school also conducts world-class research.

SSE’s programs are developed in close cooperation with the research and business communities, which give their graduates great potential to attain leading positions in companies and other organizations. SSE is accredited by EQUIS, certifying that all of the main activities – teaching as well as research – are of the highest international standards. SSE is also the only Swedish member institution of CEMS and PIM, which are collaborations between top business schools worldwide, contributing to the high quality SSE is known for.

A degree from SSE opens doors to a wide range of careers and advanced studies. SSE’s Bachelor and Master graduates are highly successful in their search for fulfilling jobs. More than 90 percent accepts a job offer within three months of graduation. SSE’s graduates are fully prepared to become the responsible global business leaders of tomorrow, with lifelong access to SSE’s worldwide network of over 20,000 alumni.

SSE’s program portfolio:

Bachelor programs

• BSc Programme in Business & Economics (180 ECTS, fully taught in English) 

SSE’s Bachelor of Science Programme in Business & Economics is a three year, full time programme completely taught in English. It provides a solid foundation for a career in business, entrepreneurship, government and non-government organisations. During the first three semesters you will build a broad, factual and scientific base through courses in Economics, Finance, Accounting, Marketing, Management, Entrepreneurship, Strategy, Law and Data Analytics. You will hone your skills in problem solving and critical thinking, combined with the opportunities for showcasing your creativity and innovative ideas. SSE also encourages personal development in the form of reflection, self-awareness and cultural orientation. During the fourth semester you get the opportunity to deepen your understanding by specializing in one or two of the subjects you have studied. The third year offers a number of elective courses and culminates in a written thesis on your chosen specialisation.  Find more information about the BSc programme in Business & Economics ↗️ .

• BSc programme in Retail Management (180 ECTS, fully taught in English)

SSE’s Bachelor of Science Programme in Retail Management prepares you for a successful career in retail or with companies in business with retailers, such as suppliers and management consultants. The programme is financed by the Swedish retail sector, which also participates actively in the education. Eleven companies are the major partners to the Retail Management programme: Accenture, Axel Johnson, Clas Ohlson, Coca-Cola European Partners, Coop, H&M, Fazer, ICA, The Swedish Trade Federation, Swedish Match, and Systembolaget.  Find more information about the BSc programme in Retail Management ↗️ .

Master programmes

• MSc Programme in Accounting, Valuation & Financial Management (120 ECTS, fully taught in English)

The Master of Science Programme in Accounting, Valuation & Financial Management provides comprehensive foundations in accounting and advanced knowledge in corporate valuation, financial management and management control. The programme prepares students for outstanding careers as chief financial officers (CFO), management consultants, investment bankers, business controllers, or auditors. SSE’s MSc in Accounting, Valuation & Financial Management students receive job offers from leading international companies typically before graduation. Find more information about the MSc programme in Accounting, Valuation & Financial Management   ↗️ .

• MSc Programme in Business & Management (120 ECTS, fully taught in English)

The Master of Science Programme in Business and Management (MBM) will look at business development from a multitude of perspectives, innovative marketing campaigns, product development, dynamic strategies for entrepreneurial ventures, but also for leading organisations striving to maintain their edge through ongoing renewal. Business development is at work on all levels of the company, it affects the position, the products, the people and the processes. Change is too, and through MBM you will find ways to act and make decisions in uncertain and complex environments. During these two years – through the programme, the companies we work with and the alumni community – you will find ways to develop, both as an individual and as a team member, and to thrive on that development. Find more information about the MSc Programme in Business & Management ↗️ .

• MSc Programme in Economics (120 ECTS, fully taught in English)

The Master of Science Programme in Economics will equip you to address challenging economic problems and provide you with excellent tools to pursue careers in both the public and private sector as well as in academia. The programme emphasizes problem solving skills that can be applied in a wide variety of settings and offers an invaluable start to your career. By using modern economic analysis and quantitative empirical methods, we give you the tools to analyse complex real world problems in public policy making, as well as in private business and international organisations. You will also be well equipped to continue with PhD studies in economics. Find more information about the MSc Programme in Economics ↗️ .

• MSc Programme in Finance (120 ECTS, fully taught in English)

SSE has a century-long tradition of academic excellence, practical education for business and beyond, with a global perspective and with strong connections to the business world in Sweden and beyond. The faculty teaching in the Master of Science Programme in Finance include leading experts with worldwide recognition. The programme consistently places highly in global rankings. Every year, the MSc programme in Finance brings together a global community of talented students with a passion for finance and business. The programme offers an outstanding learning experience and prepares students for diverse and successful careers. Post-graduation career opportunities are consistently excellent, in financial centres like Frankfurt, New York, Shanghai, London and Stockholm. Find more information about the MSc Programme in Finance   ↗️ .

• MSc Programme in International Business (120 ECTS, fully taught in English)

The Master of Science Programme in International Business provides you with the tools to master the challenges of management and strategy in global organisations. The programme combines advanced analytical training with active learning in real projects together with SSE and CEMS corporate partners. Upon admission to the MSc in International Business candidates are pre-approved to the CEMS MIM programme. You will work on an advanced level with topics focused on running and developing global organisations. We use strategy and marketing tools to put the firm in context and explore how firms influence their competitive environments. You also learn how to make firms grow and prosper from the inside, through innovation and management practices that build operational excellence. Ultimately, you will learn how to improve organisations and the things they do.

Did you know that the MSc Programme in International Business takes part in the Financial Times’ Masters in Management ranking? Find more information about the MSc Programme in International Business   ↗️ .

PhD programs

The combination of extraordinary talent, a creative environment, and real-life problems builds a solid foundation for advancement in business administration, economics and finance. The overall objective of the SSE PhD Programmes is to produce cutting-edge researchers. If you contribute your talent, work hard and remain curious, our faculty will provide high-quality supervision and an exciting environment where real-life problems take centre stage. We offer three PhD Programmes:

• PhD programme in Business Administration ↗️ (240 ECTS, fully taught in English)
• PhD programme in Economics ↗️ (240 ECTS, fully taught in English)
• PhD programme in Finance ↗️ (240 ECTS, fully taught in English)

Executive MBA program

Challenge yourself with SSE’s 18 month long Executive MBA, delivered part-time, with sustainability integrated throughout the whole programme! The programme is given in English on three continents and you build a diverse and international network of business leaders to leverage for future opportunities and challenges. The programme prepares you for your next step and to build, lead and develop organisations in the global arena. If you are motivated and ready to commit yourself – do it! Find more information about the MBA program ↗️ .

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The PhD Program in Economics at the Stockholm School of Economics (SSE) combines the advantages of a small department with close and informal connection to faculty, with the breadth of courses and seminars associated with a larger department.

Stockholm School of Economics Multiple locations Stockholm , Sweden Top 9% worldwide Studyportals University Meta Ranking 4.4 Read 12 reviews

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).

We offer specialized research areas in:

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

Accreditation

Programme structure.

SDPE mandatory courses (60 ECTS): 

• Mathematics I
• Mathematics II
• Microeconomics I
• Microeconomics II
• Macroeconomics I
• Macroeconomics II
• Econometrics I
• Econometrics II

Elective courses (45 ECTS):

Elective courses are given at SSE, Stockholm University and the Institute of International Economic Studies as part of the SDPE collaboration. Elective courses available at other universities can also be attended upon agreement between the doctoral student and the Program Director.

Elective courses provided by the Department of Economics at SSE:

• Industrial Organization, Q2
• Political Economy and Public Choice, Q2
• Behavioral Economics I, Q2
• Economics of Conflict, Q3
• Institutional and Organizational Economics, Q4

Key information

• 48 months

Start dates & application deadlines

• Apply before 2025-02-01 00:00:00

Disciplines

Academic requirements, english requirements.

We are not aware of any English requirements for this programme.

Student insurance

Make sure to cover your health, travel, and stay while studying abroad. Even global coverages can miss important items, so make sure your student insurance ticks all the following:

• Additional medical costs (i.e. dental)
• Repatriation, if something happens to you or your family
• Home contents and baggage

We partnered with Aon to provide you with the best affordable student insurance, for a carefree experience away from home.

Starting from €0.53/day, free cancellation any time.

Remember, countries and universities may have specific insurance requirements. To learn more about how student insurance work at Stockholm School of Economics and/or in Sweden, please visit Student Insurance Portal .

Other requirements

General requirements.

• Proven academic record - You are welcome to apply if you are studying in the first year of a MSc program.
• Three semesters of economics courses (90 ECTS) including a thesis worth at least 15 ECTS.
• GRE test 
• Proof of proficiency in English
• Motivation & supporting attachments

Tuition Fee

International.

All admitted students receive a scholarship from the SSE, and are guaranteed funding throughout the PhD program.

Living costs for Stockholm

The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.

All admitted PhD students receive a scholarship from the SSE, and are guaranteed funding throughout the PhD program, conditional upon satisfactory performance as determined by the faculty. The current scholarship amount is SEK 21 000 per month.

In order for us to give you accurate scholarship information, we ask that you please confirm a few details and create an account with us.

Scholarships Information

Below you will find PhD's scholarship opportunities for Economics.

Available Scholarships

You are eligible to apply for these scholarships but a selection process will still be applied by the provider.

Read more about eligibility

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Thinking of Pursuing a PhD in Economics? Info on Graduate School and Beyond

Kasey Chatterji-Len and Anna Kovner

Becoming a PhD economist can provide a fulfilling and financially secure career path. However, getting started in the field can be daunting if you don’t know much about the preparation you’ll need and the available job opportunities. If you’re wondering what it means to be an economics researcher or how to become one, please read on. We’ll review how to prepare for a career in economics research, what an economics PhD program entails, and what types of opportunities it might bring. Economic education is a core component of the Federal Reserve Bank of New York’s mission to serve the community. To empower would-be economists, this post provides information for students who seek a career in economics research. We hope this information will be helpful to students interested in economics, regardless of their background and economic situation.  This information is most applicable to students applying to programs in the United States.  

The Breadth of Economics Research  

Academic disciplines conduct research in different ways, so it’s important to have a basic understanding of the types of questions economists ask and how they approach answering them. There are many definitions of economics, but a broadly useful one is the study of how people, organizations, and governments make decisions under different constraints, and how those decisions may affect their outcomes. 

When answering these questions, economists seek to ground their analyses in models and to be quantitatively precise about the effects they assign to any given cause. The range of topics economists can study is wide, but the accepted approaches to answering questions are stricter. Some examples of what economists might ask: 

• How do different public housing programs affect the children who live there? 
• Does a certain type of law encourage businesses to innovate? 
• How will a change in the interest rate affect inflation and unemployment rates? 
• How much does affordable health insurance improve people’s health? 
• How can poor countries eradicate poverty? 

There are many different subfields within economics, including, but not limited to behavioral, econometrics, energy/environmental, development, financial, international, monetary, public, and urban economics. You can familiarize yourself with the latest work in economics by subscribing to working paper series, such as NBER’s New This Week or the New York Fed’s Staff Reports . To get an idea of the breadth of questions economists can answer, you could listen to Stephen Dubner’s “ Freakonomics Radio ” podcast. You may also want to explore the Journal of Economic Perspectives , the New York Fed’s Liberty Street Economics blog, VoxDev , or VoxEU .  

What Is a PhD Program Like?    

Economics PhD programs typically last five to seven years. Unlike masters programs, they are often fully funded with a stipend, though most require students to complete teaching assistant and/or research assistant (RA) work as part of their funding package. In the first two years, students take classes, many of which are mathematically demanding. The rest of the program can include additional classes but is primarily devoted to original research with the aim of producing publishable papers that will constitute the dissertation.  

Faculty advisors are a central part of PhD programs, as students look to them for guidance during the research process. Economics PhD programs are offered within university economics departments, but there are similar programs in public policy and business schools. You can look at their websites to understand any differences in coursework and subsequent job placements. 

What Can You Do with an Economics PhD?  

Upon graduation, students can obtain jobs in a variety of industries. Many PhD students hope to become university professors. Governments and public policy-related institutions such as the Federal Reserve System, the U.S. federal government, the World Bank, and the International Monetary Fund (IMF) also hire economists to work on policy, lead programs, and conduct research. Finally, economics PhD graduates can also find employment at a variety of private sector companies, including banks, economic consulting firms, and big tech companies. The pay for these different positions can vary. According to the American Economics Association (AEA), the average starting salary for economics assistant professors in 2022-23 was approximately $140,000 at PhD granting institutions and $98,000 at BA granting institutions. 

Programs often publish the placements of their PhD graduates, so you can look online to see specific employment outcomes. See, for example, the University of Maryland’s placements . Ultimately, economists are highly regarded as authorities on a variety of topics. Governments, nonprofits, philanthropic foundations, financial institutions, and non-financial businesses all look to economists to answer important questions about how to best achieve their goals. Thus, earning an economics Ph.D. can potentially help you to influence issues that are important to you. 

Preparing for an Economics PhD Program  

There are several components to an economics PhD program application: college transcripts, GRE scores, letters of recommendation, and personal statements. Please download the Appendix linked below to learn more about transcripts and letters of recommendation. The Appendix details ways in which you can select coursework, obtain research experience, and develop relationships to position yourself for success as a PhD applicant.  

If you feel that you are too far along in your academic career to take enough of the classes described in the Appendix, this does not necessarily preclude you from pursuing an economics PhD. For example, it’s possible to take some of these classes through a master’s program, or through a pre-doctoral RA job. Some pre-doctoral RA jobs, such as the one here at the New York Fed , may enable you to take classes in preparation for graduate school. If you are concerned about your transcript, reach out to an economist at your university for advice; program standards for coursework and grades vary, and it’s a good idea to get more personalized advice. 

Research Experience   

If you’re interested in becoming an economics researcher and applying to PhD programs, it’s best to get research experience as soon as possible. Working as an RA is a great way to learn how to conduct research and get a better idea of whether it’s the right career path for you. Additionally, it can help you obtain a letter of recommendation for graduate school applications and improve your qualifications.  

All types of academic research can be enriching, but it’s beneficial to gain experience working directly with an economist. To find a position, you can reach out to professors whose work you find interesting or find an RA program at your school. Typical RA tasks may involve data collection and cleaning, as well as running analyses and creating charts to represent results. This is where coding skills become crucial; having taken math, statistics, and econometrics courses will also enable you to take on more responsibilities. 

You may also have the opportunity to conduct your own research, possibly under the supervision of a professor at your university. This research could be self-initiated or part of a course such as a thesis workshop. Self-directed research is a great opportunity to learn about all stages of the research process. It’s also an excellent opportunity to create a writing sample for graduate school applications. Ultimately, though, your motivation for conducting your own research project should be that you want to answer a question.  One thing economists have in common is a love of answering questions using data and theory. 

Research experience is also often obtained after completing an undergraduate or master’s degree. Taking on a full-time RA position before applying to PhD programs is very common and can make you a more competitive applicant. You may either get an RA job working for a professor or participate in a pre-doctoral RA program.  

Research assistant programs are more structured than positions with individual professors or projects, which could be helpful. Universities, parts of the government, think tanks, research organizations, and the Federal Reserve System are all good places to look for research assistant programs. To help you decide which opportunities are most desirable, you may want to ask potential employers : Where do people in this program tend to go afterward? Will I be working directly with an economist? How much of my time will be spent on academic research work? Will I be able to take classes as part of this program? Considering whether an economist will be able to evaluate your performance is an important factor for recommendation letters. The ability to take classes, either through tuition reimbursement or waivers, can also be an important benefit. 

The Research Analyst program here at the Federal Reserve Bank of New York is one example of these programs and you should check it out here . The Federal Reserve Board of Governors also has a large program, and many other regional Federal Reserve Banks have similar programs. In addition, the PREDOC website and the  NBER post listings of RA opportunities. J-PAL and IPA also tend to recruit RAs for economic development projects. Another source of RA opportunities is the @econ_ra account on X. 

Who Should Get a PhD in Economics?  

A PhD may not be for everyone, but it is for anyone—people of all genders, religions, ethnicities, races, and national origins have PhDs in economics. Many economists majored in economics, but others majored in math, physics, or chemistry. Because economics is such an integral part of policymaking, it is important that economists come from a wide range of backgrounds so policy can be stronger and more effective. The inclusion of differing perspectives helps ensure that the contribution of economists to work in public policy, academia, and beyond effectively serves the broadest range of society. 

• Coursework Appendix

Kasey Chatterji-Len is a research analyst in the Federal Reserve Bank of New York’s Research and Statistics Group.

Anna Kovner  is the director of Financial Stability Policy Research in the Bank’s Research and Statistics Group.

How to cite this post: Kasey Chatterji-Len and Anna Kovner, “Thinking of Pursuing a PhD in Economics? Info on Graduate School and Beyond,” Federal Reserve Bank of New York Liberty Street Economics , May 31, 2024, https://libertystreeteconomics.newyorkfed.org/2024/05/thinking-of-pursuing-a-phd-in-economics-info-on-graduate-school-and-beyond/.

You may also be interested in: AEA: Resources for Students

PREDOC: Guidance for Undergraduates

RA Positions-Not at the NBER

Disclaimer The views expressed in this post are those of the author(s) and do not necessarily reflect the position of the Federal Reserve Bank of New York or the Federal Reserve System. Any errors or omissions are the responsibility of the author(s).

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Title: Concurrent Challenges of Conflict and Climate Change in Myanmar

The relationship between climate change and violent conflict is complicated. Existing studies suggest that climate change increases armed conflict through indirect pathways, including detriment to livelihoods, displacement, migration, and existing conflict dynamics. The exact nature of this interaction depends on each country’s political, socio-economic, and military contexts. Violent conflict, however, increases vulnerability to climate change by aggravating societal vulnerability and making populations more vulnerable to weather shocks. This suggests a plausible feedback loop of violence and vulnerability, worsened by climate change. Myanmar provides an illustration of the concurrent challenges of climate change and violence exacerbating societal vulnerability with potentially consequential security outcomes.

Myanmar’s Climate Exposure and Escalating Conflict

Myanmar is one of the most climate- vulnerable countries in the world. It faces a high risk of climate hazards such as floods, cyclones, extreme heat, and landslides. Myanmar’s vulnerable coasts are particularly exposed, threatening the more than 5 million people living in low-lying and coastal regions. Furthermore, Myanmar’s predominantly rural populations , relying on climate-vulnerable agriculture, fisheries, and forestry sectors for their livelihoods, are ill-prepared for an increasingly worsening climate. Environmental degradation , on the whole, increases vulnerability. For instance, practices such as illegal logging have worsened the risk of landslides during flooding, which annually occurs during the rainy season.

To add to these humanitarian challenges, Myanmar’s civil war is the world’s longest ongoing conflict. The military’s direct rule for nearly a half-century (1962-2011) plunged the country into isolation from the international community and exacerbated its extreme underdevelopment. Following a decade of liberalization, the military coup in 2021 pushed the war to a new height with new frontlines in even previously peaceful regions such as Magway and Sagaing. Violence escalated to an unprecedented level and extent when numerous local militias formed anti-coup resistance forces .

The 2021 military coup abruptly ended a decade of political and economic liberalization. During the 2010s, the country’s prospects looked hopeful as it entered a liberal reform period through a paced mode of transition , in which the country held two general elections that most international observers viewed as free and fair and made significant progress in discussing the country’s federal and democratic future. However, the democratic strides during the reform period had major flaws which led to the rise of violence and hatred against religious and ethnic minorities that resulted in the Rohingya genocide . Despite its flaws, the civilian-led government made some progress towards federal democracy and peacebuilding. The 2021 coup and subsequent conflict escalation have had devastating impacts on this progress. The military coup not only overruled the election outcome but also diminished the gains in institutional and policy building in national and regional governments, including policies for climate action and disaster risk management.

Violent suppression by the State Administration Council (SAC), a new name for the military regime, has galvanized pro-democracy groups into a broad-based anti-junta alliance including ethnic minorities . Many youth activists formed People’s Defense Forces (PDFs) to resist the junta by arming themselves, first as self-defense that later turned into militia groups against the military and its auxiliary forces. The National Unity Government , an exile government formed by elected parliamentarians, has supported the PDF formation as a security strategy against the military regime. These PDFs also fight alongside more established Ethnic Armed Organizations (EAOs), such as the Kachin Independence Organization and Karen National Union.

The military coup and subsequent conflict have devastating humanitarian consequences. Prior to the coup, around 1 million people needed humanitarian aid. Now, more than 18 million individuals, roughly a third of the population, are in dire need of humanitarian assistance , with 3 million displaced within Myanmar . Additionally, 1 million Rohingya refugees are living in camps in Bangladesh, while thousands, including women and children, are undertaking perilous sea journeys in search of safety and a dignified life in Indonesia and Malaysia.

These two crises interact in Myanmar in a mutually reinforcing manner. The conflict frustrates environmental efforts and climate change exacerbates the conflict by increasing instability.

Climate Risks on Multiple Scales: Implications for Insecurity

The systemic risk of climate change to Myanmar’s population contributes to local, national , and regional vulnerabilities . The interconnected nature of this vulnerability can generate social and political outcomes with broader implications for both national and regional security.

With declining livelihood and economic opportunities, exacerbated by the conflict, Myanmar’s rural populations turn to environmentally disruptive livelihoods as a coping mechanism. This problem is particularly pronounced in the southern coastal Tanintharyi Region, known for its high-quality charcoal from mangroves, where poor villagers turn from their traditional farming and fishing practices to charcoal production, leading to deforestation. Due to the unstable electricity supply since the coup, the demand for charcoal for household cooking has increased, accelerating deforestation. Since mangroves provide a natural barrier against storm surges during increasingly intensifying cyclones , this deforestation further harms Myanmar’s climate resilience. For example, the loss of mangrove forests contributed to the devastating loss of life and damage during Cyclone Nargis in 2008.

At the local level, climate change disrupts communities and marginalized groups, and cumulative and protracted marginalization can exacerbate existing grievances linked to conflict. Access to land is particularly an important factor in adaptive capacity for populations exposed to climate change, and insecure land tenure disproportionately affects ethnic minority groups relying on customary land and forests for alternative food sources. These local dynamics, in turn, perpetuate larger grievances against the military, and particularly among ethnic minorities who experienced decades of violence and displacement during civil war.

Climate change, in combination with conflict, also leads to greater human insecurity of the poor and the marginalized. Poor harvests due to droughts and flooding cause farmers to become indebted . Unless micro-finance can be provided by communal arrangements, poor families are charged up to 10% per month in interest rate by landowners. This climate burden disproportionally impacts women , ethnic, and religious minorities, calling for an intersectional approach to further our understanding of the human security implications of climate change.

National and sub-national

When extreme weather events have a nationwide impact, inadequate state responses can cause a political crisis, threatening state integrity. The previous military regime’s response to Cyclone Nargis in 2008, which claimed the lives of more than 130,000 people, was marked by complete incompetence. The regime’s only strategy was to restrict access and communication to the disaster-stricken Irrawaddy delta, in an attempt to deflect criticism. The cyclone precipitated the further deterioration of the junta’s political authority domestically and internationally. France urged the international community to invoke the ‘ responsibility to protect ’ in the UN Security Council to authorize the aid delivery to the cyclone-affected region. While unsuccessful , this attempt challenged the international legitimacy of the junta and shaped foreign policies toward the country. Furthermore, the military regime overruled domestic and international concerns about the scheduled constitutional referendum just 8 days after the cyclone’s landfall. The referendum was declared successful, and the regime announced the promulgation of the 2008 Constitution based on the reference. The opposition contested the regime’s claim of 90% turnout and reported widespread incidents of voter intimidation and fraud.

More recently, the SAC militarized responses to Cyclone Mocha in 2023 aggravated conflict dynamics in Rakhine State. The SAC restricted immediate access by the UN and international NGOs to the disaster-affected areas in Rakhine State. In the absence of international aid, the Arakan Army, a powerful rebel group, stepped up its efforts in humanitarian aid delivery with the help of local civil society actors. This effort entailed evacuating more than 100,000 people, providing relief, and supporting reconstruction and recovery. The stateless Rohingya, deprived of freedom of movement, were disproportionately affected by the cyclone, clearly illustrating the dire consequence of political marginalization in the context of climate change. While the SAC’s aid restriction may have been intended to weaken the civilian support of the Arakan Army, the regime’s militarized response backfired , heightening local grievances against the regime and boosting support from the rebels.

In addition to the rapid onset of climate disasters, Myanmar faces a tremendous need for climate adaptation for social and ecological resilience. The conflict has disrupted environmental and climate initiatives in the country, undermining the progress made during Myanmar’s “political opening era,” including work on climate change adaptation and reforms on natural resource governance. International funding for climate resilience and environmental management was cut off during the coup and not resumed. Additionally, since the coup, logging and mining activities have increased, including the exploitation of lucrative jade , rare earth minerals , timber, and gold. These unregulated, widespread resource extraction activities have led to environmental destruction, pollution, and land degradation, increasing people’s vulnerability to climate hazards.

At last, some climate-related security risks extend beyond national borders , potentially impacting the security of neighboring regions. Migration from Myanmar to neighboring countries is primarily driven by political and economic factors, worsened by climate change. Declining livelihood conditions and worsened economic situations since the coup have led young people in Myanmar seeking opportunities to emigrate. The adverse climate impact on agriculture, a vital source of livelihood, serves as a significant driver of economic migration for rural youths looking for employment in neighboring countries. Thailand currently hosts some 2.5 million migrant workers with permits from Myanmar, a number expected to rise. Some of these migrants hold legal documents, however many lack official permissions. A growing number of online and call scam centers along Myanmar’s border regions present a greater security risk with a rampant human trafficking and illicit trade crisis, as Khaled Khiari, Assistant Secretary-General for Middle East, Asia and the Pacific, Departments of Political and Peacebuilding Affairs and Peace Operations argues . As climate risks change migration patterns, these problems could grow into a regional issue, posing a risk of destabilizing the fragile borders.

Recommendations

Since the coup, Myanmar has faced concurrent challenges of climate change and armed conflict, with local, national, and potentially regional security implications. Resolving these challenges requires coordinated and persistent efforts at all levels.

Local civil society and community actors , who serve as frontline responders to day-to-day obstacles, play a crucial role in building climate resilience on the ground. Their importance lies in their knowledge of ecological, socio-economic, and intra-community dynamics at the local level and their potential for community mobilization for resilience building. Installation of micro-hydropower facilities in war-torn Chin State is an example of such efforts to expand renewable energy by local communities. Such effort also helps with combating deforestation as villagers can access electric cooking stoves instead of relying on charcoal. Supporting these local actors is crucial for any international and regional actors aiming to bolster climate resilience in Myanmar.

The Association of Southeast Asian Nations (ASEAN) should also have a significant role in reducing climate-related security risks and support climate resilience building in this crisis-stricken country through regional cooperation. While ASEAN’s engagement with Myanmar has been challenging , the role of the ASEAN-appointed envoy could be critically impactful. If the envoy can lead the international community in strategically engaging with the junta with coordinated sanctions and other international mechanisms, they may be able to influence the regime’s behaviors. At the same time, ASEAN envoys can constructively engage with resistance groups and facilitate support for local communities in non-government-controlled territories through practical and innovative channels. The leadership of ASEAN is much needed to immediately cease attacks on civilians and to ensure safe passage for humanitarian assistance amid climate-related disasters. Failing to do so could have lasting impacts on the affected Myanmar people and their future, as well as regional stability in Southeast Asia.

Kyungmee Kim (PhD) is a researcher at the Department of Peace and Conflict Research at Uppsala University and a Senior Associate Researcher at the Stockholm International Peace Research Institute’s Climate Change and Risk Program. Her current research focuses on the intersection of climate change and insecurity, examining how climate resilience building can mitigate the risk of conflict and fragility.

Image Credit: Contains modified Copernicus Sentinel data 2023 , Attribution, via Wikimedia Commons.

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