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PhD in Theoretical Economics
PhD in Theoretical Economics

A PhD program in Theoretical Economics is a research-intensive discipline focused on the development, analysis, and advancement of economic theories and models that explain complex economic phenomena and decision-making. The program emphasizes rigorous mathematical, analytical, and econometric methods to investigate how individuals, firms, markets, and governments make decisions under conditions of scarcity, uncertainty, and strategic interaction. Doctoral research may address areas such as consumer and producer behavior, market structure and competition, game theory, general equilibrium, economic growth and development, welfare economics, information economics, and resource allocation. Through advanced theoretical modelling and empirical validation, the program aims to produce original research that contributes to economic theory and provides deeper insights into contemporary economic challenges and policy-relevant questions. 

Certificates

Discipline

Business & Economics
Certificates

Certificates

PhD
Duration

Year

3-5 years
Scholarship

Scholarship

Scholarships, Fellowships, Grants, Assistantships, Bursaries

Popular Research Directions

  • Game Theory and Strategic Decision Making
  • Microeconomic Theory and Consumer Behavior
  • Macroeconomic Theory
  • Economic Methodology and Foundations
  • General Equilibrium Theory
  • Mechanism Design and Market Design
  • Information Economics and Asymmetric Information
  • Industrial Organization and Market Structure
  • Behavioral and Experimental Economic Theory
  • Economic Growth and Development Theory
  • Welfare Economics and Social Choice Theory
  • Mathematical Economics and Economic Modeling
  • Many More...

Basic Requirements for Scholarships

  • Good academic standing.
    • Minimum grade: 65% or CGPA of 3.0/4.0 or 7.0/10
    • Competitive grade: 75% or CGPA of 3.5/4.0 or 8.0/10
    • The higher, the better.
  • Relevant academic background related to the proposed study program.
  • Professional work experience in the relevant field (recommended).
  • Research experience.
    • Thesis/dissertation
    • Research projects
    • Research publications (Highly recommended for PhD)
    • Participation in research conferences (Advantageous)
  • Motivation Letter or Personal Statement with a clear career plan.
  • Research Proposal: Demonstrating your passion and your ability to contribute to the relevant field through your research proposal is crucial for PhD applicants.
  • Matching your research interest with your expertise.
  • Strong academic references.
  • Competitive resume/CV.
  • Proof of language proficiency.
  • Graduation from globally recognized, high-ranking universities (e.g., QS World University Rankings, Times Higher Education, ARWU, CWUR, etc.) is advantageous.
  • Other achievements such as awards, training, professional skills, etc. (Optional but advantageous).
Why PhD in Theoretical Economics?
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