UCL Department of Economics





UCL's Economics Department is one of Europe's leading centres for research in Economics. It is one of the few economics departments in the UK to be awarded the top grade in all three Research Assessment Exercises.

Job Market

Job Market

In recent years PhD graduates and post-doctoral researchers from the Department of Economics have gone on to positions in many universities and policy institutions.  The universities include Princeton, Stanford, Stockholm, UBC, University of Chicago and University of Mannheim among many others. Many of our students also achieve positions within policy institutions such as EBRD, IFS, McKinsey and RAND. Visit the Job Market page to find out more about past placements and careers of recent graduates.

Drayton House


The doctoral prorgramme at UCL aims to train economists to conduct research of high academic merit and to make original contributions to the subject. The department  has a lively and active research environment, with a strong emphasis on team research, based around a number of major research groups and centres. With close ties to several research centres, students have the opportunity to be surrounded by some of the best researchers in their field.


The doctoral prorgramme at UCL aims to train economists to conduct research of high academic merit and to make original contributions to the subject. The department has close ties with several research centres, giving students the opportunity to be surrounded by some of the best researchers in their field. 

MRes Structure

Term 1

ECON0107: Macroeconomics
ECON0106: Microeconomics
ECON0108: Econometrics

Students choose two options from the MRes options list listed adjacent

Term 2

You will continue to study ECON0107, ECON0106, ECON0108. 

Students choose two options from the MRes options listed adjacent.

MRes Options list

ECON0081 - Advanced Macro: Models with Heterogeneous Agents
ECON0082 - Public Economics
ECON0085 - Applied Job Search Models and Structural Analysis of Individual Wage Data
ECON0086 - Topics in Applied Economics
ECON0089 - Topics in Labour Economics
ECON0112 - Experimental Economics





MPhil/PhD Structure

MPhil Programme: Year OneYou will start working on your thesis and undertaking your research work.  Also, you will be required to attend a reading and presentation workshop (during term two). At the end of this workshop you will make your first presentation of your research topic. 
A second seminar in September is the upgrade seminar in which you will give a presentation of your own research work. At the end of this seminar faculty members decide about your upgrade from MPhil to PhD status.
PhD Programme: Year TwoYou will continue to work on your thesis with the aim of taking up Completing Research Status (CRS) towards the end of your third year.
PhD Programme: Year Three

This is the year where you should be working on your job market paper. By the end of your third year you will be expected to take up Completing Research Status (CRS). 

The following link deals with the central administration of the research degree examination process. It is important that you take the time to digest the information.

The submission of the original exam entry form and the nomination of examiners form should be completed and handed to Daniella Fauvrelle, Postgraduate Administrator, for processing.
Once you receive notification from registry that your viva can go ahead, you should communicate this information to Daniella Fauvrelle, who will assist you in booking a suitable venue.

The upgrade

The upgrade seminar is a formal assessment, which takes place as a viva conducted by an examining panel that assess a written report and your defense of it. The upgrade panel is usually the second supervisor, who chairs the viva, plus at least two other academics. Find out more about the upgrade here.


Information on the scholarships and other opportunities for financial assistance are available here. Further information on funding your degree may be found on the UCL Scholarships page.

How to apply

The application deadline for September 2020 entry is 13 Jan 2020.

For admission to the research degree programme, applicants should have, or expect to obtain before entry, a suitable Master's degree in Economics or a related subject and must demonstrate that they are qualified to proceed to research work. Your application will be rejected if you do not have such a masters degree.

The Research office is often very busy answering student queries. To save you time and ensure that you get an answer to your question as quickly as possible, please read the 'How to apply' page before emailing or contacting the office.