UCL Institute for Global Prosperity


Social Macroeconomics PhD Scheme – Global Prosperity MPhil/PhD

IGP’s PhD scheme on Social Macroeconomics is part of the Global Prosperity MPhil/PhD programme and aims to advance research on new approaches to the economy and development of a new economic paradigm.

The scheme is in collaboration with our research network Rebuilding Macroeconomics and the Global Solutions Initiative.

Key Details:

  • For admissions in: October 2024
  • Applications Open: February 2024
  • Closing Date: May 31st 2024
  • Scholarships available: One (UK home students and full tuition fees only)
  • Duration: Full time (3 years) or Part time (5 years) MPhil/PhD
  • Degree programme: Global Prosperity MPhil/ PhD
  • Location: Institute for Global Prosperity, UCL based in London

Scheme admissions criteria:

  • Holding or expected to obtain a strong Master’s Degree in economics, or closely related subject, with an emphasis on quantitative skills.
  • A first class only UK bachelor’s degree in economics, or closely related subject, with an emphasis on quantitative skills.
  • A sufficiently strong and convincing proposal.

How to apply 

1) Check whether you meet our admissions criteria

2) Consider how your research topic relates to the themes included in the new PhD scheme led by the Social Macroeconomics Hub

If you have any queries regarding the themes, please contact: igp@ucl.ac.uk

3) Write your proposal

Your PhD research proposal is the central component of your application. We encourage you to invest significant time in making it as strong as possible.

Your proposal should:

  • Consist of a target length of 2,000 to 2,500 words.
  • Include your aims, core research questions, a discussion of the relevant theoretical literature you will contribute to and develop, the methodological approaches you intend to use, details of how the research will be accomplished practically and a concise bibliography.
  • Make clear the foremost scholarly discipline(s) you wish to contribute to, and the nature of your intended contribution.
  • Explain in detail how your research topic relates to the Social Macroeconomics scheme and the corresponding themes led by the Social Macroeconomics hub.
  • Include one or two sentences about how you intend to fund your degree (see step six below).

4) Submit your application

When your proposal is finalised, you should submit it along with the email addresses of referees, transcripts and your CV. Full details of what is required of your application, including the link for submitting your documents, can be found in the UCL graduate prospectus.

The university will conduct a number of checks to ensure you are eligible to study at UCL. The department will then formally assess the application. While we aim to provide a decision within six working weeks of receiving a complete application and references, this may be longer due to other external factors. Ultimately, the UCL Graduate Admissions Office will contact you with an official, binding offer.

5) If eligible, apply for the IGP Social Macroeconomics Scholarship (optional)

The IGP offers 1 fully-funded PhD Scholarship (tuition fees only) for students on the Social Macroeconomics PhD Scheme. Full details, including eligibility criteria, how to apply and deadlines can be found on the IGP Funding Your Studies Page. You do not need to have secured an offer of a place at UCL in order to apply for the scholarship, but you must have submitted your admission application as outlined in step 4.

6) Await your offer

If you are not eligible for the IGP Social Macroeconomics scholarship, once your PhD application (for admission) has been formally accepted, you will be able to apply for other funding to support your studies on the programme including tuition fees, living, maintenance or study expenses. We encourage you to look widely for funding opportunities. A non-exhaustive list of funding opportunities is contained within UCL’s ‘Fund your studies’ page.

Please note: Many funding opportunities have deadlines many months in advance of course start dates. Therefore, you should allow enough time to develop a competitive proposal, and for the subsequent assessment, when you apply.

More Information

If you have further queries on the PhD application and scholarship opportunity, please contact: igp@ucl.ac.uk