• Department of Economics
  • Postgraduate study
  • PhD Programme in Economics

PhD research topics

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Applications are welcomed in all Economics topics. We particularly welcome applications from candidates with research interests in the following speciality areas of our research-active staff:

Behavioural Economics

  • Behavioural Health Economics and Policy
  • Behavioural Labour and Organisational Economics
  • Decisions under Risk and Uncertainty
  • Experimental and Behavioural analyses of markets
  • Charitable Behaviour
  • Analysis of Conflict and Conflict Resolution
  • Behavioural Welfare Economics (including subjective wellbeing)

Financial Economics and Household Finance

  • Banking and financial stability
  • Household portfolios
  • Household wealth inequality
  • Household saving
  • Household financial vulnerability and asset accumulation

Gender, Race and Inequality

  • Domestic violence
  • Discrimination and Wellbeing
  • Identity Economics (gender, ethnicity, inequality)
  • Wealth inequality and racial wealth gap
  • Affirmative Action Policies

Health Economics

  • Healthcare and demographics
  • Health, wellbeing and employment
  • Long-run impact of COVID
  • Aversion to inequality in multidimensional wellbeing
  • Health state valuation and stated preferences

Industrial Organization 

  • Competition Policy
  • Innovation, industrial policy and mixed markets
  • Networks and Regulation
  • Firms Productivity
  • Tax compliance and administration

International Economics and Development

  • Empirical development economics
  • Foreign aid and development finance institutions
  • Foreign Direct Investment and Economic Growth
  • Trade models with heterogeneous firms, trade gravity and productivity growth
  • Trade policies and public economics

Labour and Education Economics

  • Empirical studies on the relationships between labour, health and wellbeing
  • Education Economics
  • Gender differences in human capital accumulation
  • Labour market transitions of (young) workers
  • Social mobility
  • Vocational education
  • Wages, employment and contract type


  • Open Economy Macroeconomics
  • Business Cycles
  • Dynamic Stochastic General Equilibrium Modelling
  • Labour Market Dynamics
  • Search and Matching

Political Economy

  • Elections, political ideology, institutions and economic policy
  • Immigration: causes and consequences
  • Terrorism, public attitudes and behavioural outcomes
  • Rent-seeking and other contests

Time Series Econometrics

  • Econometric detection of bubbles and crashes
  • Specification testing and forecasting in non-linear Econometric/Time-Series models
  • Theoretical econometrics and statistical inference

Urban and Environmental Economics

  • Environmental economics and environmental policy 
  • Environmental reporting
  • Real estate economics
  • Local labour markets
  • Agglomeration externalities
  • Spatial distribution of economic activities and innovation
  • Transport economics
  • Local economic impacts and drivers of internal and external immigration 
  • Local and regional determinants of social mobility and inequality
  • Levelling-up: drivers of local productivity and growth

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The Study Blog : Research topics

50+ Economics research Topics and Topic Ideas for dissertation

The ultimate goal of economic science is to improve the living conditions of people in everyday lives. Economists study how to utilize the available scarce resources to maximize value and thus profits. The concerns of economics today are largely focused on issues such as opportunity cost, consumption and production, borrowing, saving, investments, occupations and employment, trades markets, pricing and human behavior concerning making economic decisions.

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Given that economics covers a lot of issues in society today coupled with the multitude of research studies within the existing literature, many economics students find it difficult to find the most suitable economic research topic for their undergraduate project, master’s thesis, and dissertations. Technological advancement has also increased the pace of transformation and globalization creating new areas in economics that are worth research. Our economics experts have curated a list of research paper topics in economics that you can use to get the perfect research paper topic.

phd economics topics

Micro-Economics Research Topics

Microeconomics deals with the economic behavior of individual isolated units of the economy like an individual, a household, a company, and industry. Micro-economists study factors that influence economic choices, markets and their key elements such as demand and supply and analyze markets and determine the prices for goods and services that best allocate the available limited resources. Some of the best research topics in microeconomics that you can use for your thesis or dissertation include:

1. The effect of income changes on consumer choices

2. The effect of labor force participation on the economy and budget – A comparison

3. The impact of marital status on the labor force composition: A case of [your country] economy

4. The difference in the consumption attitude in [your country] over the last decade – Critical analysis of consumer behavior trends

5. The relationship between salary levels and ‘economic convergence’ in [your country]?

6. Analyzing salary inequalities in [your country] and the forces behind such inequalities.

7. The evolution of consumption in [your country] over the last 10 years: Trends and consumer behavior.

8. Dynamics of the Gini index as a reflection of the problem of inequality in income 

9. Cashless economy: The impact of demonetization on small and medium businesses

10 Privatization of Public Enterprises and its implications on economic policy and development

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phd economics topics

Macroeconomics Research Topics

1. The relationship between economic growth and unemployment in [your country]

2. Global recession and factors that contribute to it.

3. Impact of government expenditure on economic growth in [country]

4. The impact of company income tax revenue on the developing economies- A comparative analysis of Kenya, India, and Nigeria

5. The relationship between common stock prices and inflation in [your country]

6. The relationship between inflation and government spending in [your country] economy.

7. The effect of currency devaluation on small and medium firms- A case study of selected multinationals in [your country]

8. The relationship between internet connectivity and productivity in the workplace 

9. The evolution of the stock market in [your country]: Causes and consequences

10 Unemployment and regional mobility of labor in [your country]

11 A comparison of the United States unemployment to the rest of the world

Research Topics on International Trade

1. The relationship between economic growth and international trade

2. To what extent does a currency union affect trade: A case of the United States

3. What are the gains and losses of international trade for developing countries?

4. Foreign direct investment in the United States: Determinants and impact

5. The effects of the banana crisis on the Jamaican and British economies

6. The impact of Brexit on small and middle businesses in the UK

7. The relationship between foreign direct investment and wages- A comparative analysis of USA and China

8. The roles of exchange rate and exchange rate regime in the US export

9. The importance of international trade in developing countries

10 To what extent are the gains of less developed countries from tradeliberalization exaggerated?

Environmental economics research paper topics

Economic activities such as production have a significant impact on the environment such as pollution and depletion of natural resources. Environmental economics studies these impacts and other environmental issues. Below are some of the best research paper topics in environmental economics.

1. An economic examination of waste disposal programs in the United States

2. Man-made environmental disasters: who bears the economic liability?

3. The economics of land- a comparative analysis of land sharing and land sparing in the United States

4. The impact of waste disposal programs to America’s Environmental Policy: An economic evaluation

5. Water management and conservation policies in the United States and the UK- a comparative analysis

6. The economic implications of climate policy changes because of different climate change assessment mechanisms

7. Investigating the cost of organizational environmental analysis in the United States

8. What are the determinants of climate policy formulation in the United States? An economic scrutiny

9. The economic perspectives of distribution of natural resources across boundaries

10 The impact of technological innovation for clean and green products on the environment

11 The impact of work-life balance on social eco-systems: perspectives from the United States

12 The relationship between financial subsidies and generation of eco-friendly products

Research Paper Topics on Behavioral Economics

Behavioral economics examines the psychology behind economic activities and economic decision making. It examines the limitation of the assumption that individuals are perfectly normal. Good behavioral economics topics cover subjects such as bounded rationality, irrational exuberance, and choice architecture. 

1. Inducing choice paralysis: how retailers bury customers in an avalanche of options

2. The behavioral economics of discounting- A case study of amazon

3. Pricing and the decoy effect; how corporations ‘nudge’ consumers to spend more

4. Big data and implications for behavioral economics

5. A study of how the United States market benefitted from behavioral economics theory

6. How has behavioral economics influenced the real-world context? A case of online purchase behavior

7. Weight management through behavioral economics: use of incentives

8. What motivates consumers? A behavioral economics perspective

9. Using behavioral economics to help in reducing substance abuse

10 Addressing lifestyle management for diabetes through behavioral analysis- insights from the US healthcare sector

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Development Economics research paper topics

1. The impact of multinational commodity trading through the development economic perspective

2. The impact of globalization on income distribution in emerging economies

3. Investigating the relationship between migration and development economics

4. Budgeting and decision making by low-income earners in emerging economics

5. Investigating the relationship between family planning, labor force, and income fluctuations

6. The impact of natural disasters on development in emerging economies

7. The impact of population growth on development economics- review of India

8. The determinants of high performing institutions in emerging economies

9. Comparative economic patterns of villages across Virginia

10 Aid and economic growth of developing economies- a review

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The University of Edinburgh home

  • Schools & departments

School of Economics

What topics can I study?

There is a broad range of topics that you can study for your PhD in Economics. This page contains some examples of areas we cover. Staff Profiles also give information on research areas covered by specific members of faculty.


We offer supervision on a range of topics in economics from social and behaviour economics to game theory and contract theory, from sports economics and neuroeconomics to health economics and family economics, from search and matching and international economics to political conflict and occupational mobility. Our strengths, in particular, are in:

  • Economic Theory (contract theory, game theory, micro and macro)
  • Labour Economics (micro and macro)
  • Applied Econometrics (micro, macro, health and education)
  • Behavioural and Experimental Economics

The ability to match your topic with our supervision team is equally as important as your topic. We will not admit a student where we cannot provide the very best supervision. Therefore, you should think carefully about whether your topic matches our research interests. You will be asked to address this during the application process.  The School is committed to providing the best possible experience to our PhD students, this can only be done by ensuring students receive the very best supervision and support.

If, before applying, you would like to check whether we can offer supervision in your proposed area of research, then please contact us by completing the supervision contact form .

To help you see the sorts of topics that you could study here at Edinburgh, the following list of topics with suggested reading may help. It is intended to be indicative rather than exhaustive or prescriptive. We encourage all applicants to visit our academic staff list and the profiles of our current PhD students to get a flavour of the research topics we can offer.

Agricultural Productivity

Developing countries are typically characterised by large agricultural employment shares, and low labour productivity in agriculture relative to non-agriculture. This is an old topic that has received renewed interest recently with the advent of macroeconomic models featuring heterogeneity in agriculture and embedding agriculture into the aggregate economy.

  • Douglas Gollin, Steven Parente, and Richard Rogerson (2002). “The Role of Agriculture in Development.” American Economic Review.
  • David Lagakos and Michael Waugh (2013). “Selection, Agriculture, and Cross-Country Productivity Differences. American Economic Review.
  • Tasso Adamopoulos and Diego Restuccia (2014). “The Size Distribution of Farms and Agricultural Productivity Differences.” American Economic Review.

Explaining trade growth

Quantitative trade models struggle to account for the growth of world trade in the period 1950-­?2010. Several extensions of quantitative trade models have been proposed to solve this “puzzle”. All of them are partially successful on their own, but they have not been explored jointly to determine how much of the puzzle remains.

  • Zymek, R., 2014. “Factor Proportions and the Growth of World Trade”, Journal of International Economics, forthcoming.
  • Yi, K.-M., 2003. “Can Vertical Specialization Explain the Growth of World Trade?,” Journal of Political Economy.Bridgman, B., 2008.
  • “Energy Prices and the Expansion of World Trade,” Review of Economic Dynamics.

Firms and Aggregate Productivity

A large fraction of the variation in aggregate productivity across the world can be traced back to differences in the evolution and organization of firms. Firms differ in their access to credit, quality of management, innovation, factor choices, etc. Current macroeconomic models are a useful tool to determine the optimal distribution of firms and from there measure the impact of misallocation within firms as well as across firms. In particular, they can be used to study the effect of economy-specific policies, institutions, and endowments on the aggregate economy through the evolution of firms.

  • Hugo Hopenhayn (1992). “Entry, Exit, and Firm Dynamics in Long Run Equilibrium.” Econometrica.
  • Francisco Buera, Joseph Kaboski and Yongseok Shin (2011). “Finance and Development: A Tale of Two Sectors.” American Economic Review.
  • Nicholas Bloom, Raffaela Sadun, and John Van Reenen (2012). “The Organization of Firms Across Countries.” Quarterly Journal of Economics.
  • Jan Grobovsek (2014). “Managerial Delegation, Law Enforcement, and Aggregate Productivity.” Mimeo.

Intermediate Inputs and the Macroeconomy

Distinct economic sectors are cross-linked through the exchange of intermediate inputs, which are important production factors that are typically ignored when sectoral output is defined by value added. As economies differ substantially in their relative sectoral TFP levels, these differences feedback non-trivially into other sectors. There is scope to improve our understanding of the effect of sector-specific distortions on aggregate productivity via the incorporation of intermediate inputs.

  • Charles Jones (2011). “Intermediate Good and Weak Links in the Theory of Economic Development.” American Economic Journal: Macroeconomics.
  • Chang-Tai Hsieh and Peter Klenow (2007). “Relative Prices and Relative Prosperity.” American Economic Review.
  • Jan Grobovsek (2013). “Development Accounting with Intermediate Goods.” Mimeo.

Costs of sovereign default

The costs of sovereign default are important for our understanding of why countries repay their foreign debts. A recent literature has started to explore the economic and legal costs of sovereign default empirically but there is still a lot of scope for data?driven projects in this area.

  • Ugo Panizza, Federico Sturzenegger, and Jeromin Zettelmeyer, 2009, “The Economics and Law of Sovereign Debt and Default” Journal of Economic Literature.
  • Bulow, J., and K. Rogoff, 1989, “A Constant Recontracting Model of Sovereign Debt,” Journal of Political Economy.

Information transmission in principal-agent models

Information is fundamental to rewards and punishments. An important question in principal-agent models is what information is created, communicated, hidden, fabricated, verified, or destroyed.

  • Clausen, A., 2013. “Moral Hazard with Counterfeit Signals” mimeo.
  • Townsend, R. M., 1979. Optimal contracts and competitive markets with costly state verification, Journal of Economic Theory.
  • Crocker, J., and Morgan, J., 1998. Is honesty the best policy? Curtailing insurance fraud through optimal incentive contracts. Journal of Political Economy.

Two-sided matching in labour markets with heterogeneous agents

With heterogeneous agents on the both sides of the market it is possible to address not only unemployment, but also match quality and therefore whether government interventions such as unemployment benefits would improve matching.

  • Eeckhout, J. and P. Kircher, 2010, Sorting and Decentralized Price Competition, Econometrica.
  • Shimer, R., and L. Smith, 2000. Assortative Matching and Search, Econometrica.

Two-sided matching

  • Hopkins, E. and V. Bhaskar, (2014): “Marriage as a Rat Race: Noisy Pre-Marital Investments with Assortative Matching”. Mimeo.
  • Chakraborty, A., A. Citannay and M. Ostrovskyz (2007): "Two-sided matching with interdependent values," mimeo.
  • Clark, S., (2006). The Uniqueness of Stable Matchings, Berkeley Journal in Theoretical Economics.
  • Greenwood, J., N. Guner, G. Kocharkov, C. Santos (2014): “Marry Your Like: Assortative Mating and Income Inequality” NBER Working Paper.

Housing Markets

House prices and house sales are positively correlated. Yet time on the market is negatively correlated with prices. Search theory is a natural paradigm to study housing markets since it captures the illiquidity of houses and the fact that the degree of liquidity may vary with market conditions.

  • Díaz, A. And Jerez, B. (2013), House Prices, Sales, and Time On The Market: A Search-Theoretic Framework. International Economic Review.
  • Moen, E. R. and P.T., 2014. "Buying First or Selling First in Housing Markets," CEPR Discussion Papers.

Directed Search

In directed search models, workers do not encounter firms completely at random but try to locate those posting attractive positions. Age, experience and employment position of a worker will all help determine a worker’s optimal search strategy.

  • Menzio,G., I. Telyukova and L. Visschers (2012) “Directed Search over the Life Cycle”, mimeo.
  • Galenianos, M. and Kircher, P. (2009) Directed search with multiple job applications. Journal of economic theory.
  • Mortensen, D., and C. Pissarides. 1994. “Job Creation and Job Destruction in the Theory of Unemployment.” Review Economic Studies.
  • Bagger, J., F. Fontaine, F. Postel-Vinay and J.-M. Robin, 2014, “Tenure, Experience, Human Capital and Wages: A Tractable Equilibrium Search Model of Wage Dynamics”, American Economic Review.

Health Economics

How does economic activity impact health and how does health affect economic activity. For example, it has been found that unemployment may cause depression, suicide, and bad health outcomes in general. How does this affect other members of the family? If the primary earner is unemployed, does this translate to worse health outcomes / health behaviours of the family members? How does life expectancy impact on consumption decisions for durable and other goods?

  • Kuhn, A., R. Lalive, J. Zweimüller (2009): “The public health costs of job loss”, Journal of Health Economics.
  • Bíró, A. (2013): “Subjective mortality hazard shocks and the adjustment of consumption expenditures”, Journal of Population Economics.
  • Cutler, D., and E. Glaeser. (2005): “What Explains Differences in Smoking, Drinking, and Other Health Related Behaviors?”, American Economic Review.

Information design

There are two ways of creating incentives for interacting agents to behave in a desired way. One is by providing appropriate payoff incentives, which is the subject of mechanism design. The other is by choosing the information that agents observe: information design. Much work has been done on mechanism design. Information design is a more recent topic of interest.

  • Taneva, I. (2014): “Information Design” working paper.
  • Kamenica, E. and M. Gentzkow (2011): “Bayesian Persuasion”, American Economic Review.

The effect of political and economic institutions/outcomes on culture/beliefs

While most works in economics takes preferences as exogenously given, recent evidence suggests that personal experiences have the potential to shape certain parameters (e.g. people growing up during a recession being more risk averse in their investments). Meanwhile, the proposed effects of culture (i.e. individualist versus collectivist) on political and economic institutions beg the question of whether culture/beliefs themselves can be influenced by institutions such as curriculum and media.

  • Gorodnichenko Y., and G. Roland, 2014: Culture, Institutions and Democratisation. Mimeo.
  • Cantoni, D., Chen, Y., Yang, D. Y., Yuchtman, N. and Zhang, Y. J, (2014), Curriculum and Ideology.

Information Disclosure in Auctions

Much work has been done on auctions and auction design. An important topic in auction theory is the disclosure of information.

  • Ganuza, J-J. and J. S. Penalva (2010): “Signal Orderings Based on Dispersion and the Supply of Private Information in Auctions”, Econometrica.
  • Eso, P. and B. Szentes (2007): “Optimal Information Disclosure in Auctions and the Handicap Auction”, Review of Economic Studies.

Information transmission in games

Is there a trade-off between the quality and quantity communication when respondents have a strategic incentive to misreport?

  • K. Kawamura (2013): Eliciting Information from a Large Population, Mimeo.

Dynamic contracting

Relational contracting between two or more agents, with and without complete information is an important topic for understanding how investment and transactions within a relationship change over time.

  • Thomas, J. and T. Worrall (2014): “Dynamic Relational Contracts under Complete Information”, Mimeo.
  • Clementi, G.L. and H. A. Hopenhayn (2006): “A Theory of Financing Constraints and Firm Dynamics“, The Quarterly Journal of Economics.
  • M. Halac (2012): “Relational Contracts and the Value of Relationships,” American Economic Review.

Wage Setting

An important topic for macroeconomics is to understand how wages are set over the cycle and how wages evolve over time and how that interacts with productivity and unemployment.

  • Snell, A., and J. Thomas, (2010): “Labour Contracts, Equal Treatment, and Wage-Unemployment Dynamics” AEJ: Macroeconomics.

Global Games

Global games can be applied to understand financial and macroeconomic problems, in which agents may be prone to self-fulfilling panics, such as in bank runs.

  • Sakovics, J. and J. Steiner (2012), “Who Matters in Coordination Problems”, American Economic Review.
  • Morris , S.and H. Shin, (2003): “Global Games: Theory and Applications”, in: Dewatripont, M., Hansen, M., Turnovsky, S. (Eds), Advances in Economics and Econometrics (Proceedings of the Eighth World Congress of the Econometric Society), Cambridge University Press.

Inequality, relative income, status and economic growth

How does risk-taking vary with gender, relative position and inequality? How does it impact on economic performance?

  • Hopkins, E. and T. Kornienko (2004): “Running to Keep in the Same Place: Consumer Choice as a Game of Status”, with Tatiana Kornienko, American Economic Review.
  • E. Hopkins (2014): “Inequality, Gender and Risk-Taking Behaviour:”, Mimeo.

Imperfect competition among traders

How do sellers compete in attracting buyers? How do buyers decide where and what to bid? There are many ways of thinking about this problem, some ideas can be found in the following:

  • Burguet, R. and J. Sákovicsz (2014): “Bertrand and the long run”, Mimeo.
  • De Fraja, G. and J. Sákovicsz (2012) “Exclusive Nightclubs and Lonely Hearts Columns: Non-monotone Participation in Optional Intermediation” Journal of Economic Behavior and Organization.
  • J, Sákovics (2014): “Price formation in a matching market with targeted offers” Games and Economic Behavior.

134 Economics Thesis Topics: Ideas for Outstanding Writing

phd economics topics

Writing a thesis is not an easy task. For most of the students, it can be even intimidating, especially when you do not know where to start your research.

Here, we have provided an economics thesis topics list. After all, everyone knows that choosing the right idea is crucial when writing an academic paper. In economics, it can combine history, math, social studies, politics, and numerous other subjects. You should also have solid foundations and a sound factual basis for a thesis. Without these elements, you won’t be able to master your research paper.

The issue is:

It is not always clear what could be seen as an excellent economics thesis topic. Our experts can assist you with this challenge. This list contains some outstanding examples to get you started.

  • ⭐ Thesis in Economics
  • 🔥 Supreme Thesis Topics
  • 👍 Bachelor’s Thesis
  • 😲 Master’s Thesis

📊 Microeconomics

📈 macroeconomics.

  • 🤔 Developmental
  • 👨‍💼 Behavioral
  • 💼 Financial
  • 🌱 Agricultural
  • 🤝‍ Sociology
  • 📚 Ph.D. Topics
  • 📝 How to Pick a Topic

⭐ What Does a Thesis in Economics Look Like?

A good thesis in economics is a blend between an empirical paper and a theoretical one. One of the essential steps in choosing a topic in economics is to decide which one you will write.

You may write, research, analyze statistical data and other information. Or build and study a specific economic model.

Or why not both!

Here are some questions you can ask when deciding what topic to choose:

  • What has already been written on this topic?
  • What economic variables will my paper study?
  • Where should I look for the data?
  • What econometrics techniques should I use?
  • What type of model will I study?

The best way to understand what type of research you have to do is to write a thesis proposal. You will most probably be required to submit it anyway. Your thesis supervisor will examine your ideas, methods, list of secondary and primary sources. At some universities, the proposal will be graded.

Master’s thesis and Bachelor’s thesis have three main differences.

After you get the initial feedback, you will have a clear idea of what to adjust before writing your thesis. Only then, you’ll be able to start.

🔥 Supreme Economics Thesis Topics List

  • Fast fashion in India.
  • The UK housing prices.
  • Brexit and European trade.
  • Behavioral economics.
  • Healthcare macroeconomics.
  • COVID-19’s economic impact.
  • Global gender wage gap.
  • Commodity dependence in Africa.
  • International trade – developing countries.
  • Climate change and business development.

👍 Economics Bachelor’s Thesis Topics

At the U.S. Universities, an undergraduate thesis is very uncommon. However, it depends on the Department Policy.

The biggest challenge with the Bachelor’s Thesis in economics concerns its originality. Even though you are not required to conduct entirely unique research, you have to lack redundant ideas.

You can easily avoid making this mistake by simply choosing one of these topics. Also, consider visiting IvyPanda essays database. It’s a perfect palce to conduct a brainstorming session and come up with fresh ideas for a paper, as well as get tons of inspiration.

  • The impact of the oil industry on the economic development of Nigeria. The oil industry is vital for the economic development of Nigeria. In this thesis, students can discuss the notion of the resource curse. Analyze the reasons why general people are not benefiting from the oil industry. Why did it produce very little change in the social and economic growth of the country?
  • Sports Marketing and Advertising: the impact it has on the consumers.
  • Economic opportunities and challenges of investing in Kenya .
  • Economic Development in the Tourism Industry in Africa. Since the early 1990s, tourism significantly contributed to the economic growth of African countries. In this thesis, students can talk about the characteristics of the tourist sector in Africa. Or elaborate on specific countries and how their national development plans look like.
  • Globalization and its significance to business worldwide .
  • Economic risks connected to investing in Turkey .
  • The decline in employment rates as the biggest American economy challenge .
  • The economics of alcohol abuse problems. In this thesis, students can develop several essential issues. First, they can examine how poverty is connected to alcohol abuse. Second, they can see the link between alcohol consumption and productivity. To sum up, students can elaborate on the economic costs of alcohol abuse.
  • Causes and solutions for unemployment in Great Britain.
  • Parallel perspective on Global Economic Order: China and America. This thesis can bring a comparative analysis of the economies to a new level. China and The US are the world’s two largest economies. These two countries have a significant impact on the global economic order. So, looking at the set of institutions, policies, rules can be constructive.
  • The new international economic order after COVID-19
  • Financial stability of the banking sector in China.
  • New Electronic Payment Services in Russia.
  • The influence of culture on different entrepreneurial behaviors.
  • The impact of natural cultural practices on entrepreneurial activity.
  • The relationships between national culture and individual behavior.
  • The main reasons for salary inequalities in different parts of the U.S.

😲 Economics Master’s Thesis Topics

Student life can be fascinating, but it comes with its challenges. One of which is selecting your Master’s thesis topic.

Here is a list of topics for a Master’s thesis in economics. Are you pursuing MPhil in Economics and writing a thesis? Use the following ideas as an inspiration for that. They can also be helpful if you are working on a Master’s thesis in financial economics.

  • The impact of visual aid in teaching home economics.
  • The effect of income changes in consumer behaviors in America.
  • Forces behind socio-economic inequalities in the United States. This thesis can explore three critical factors for socio-economic differences in the United States. In the past 30 years, social disparities increased in the United States. Some of the main reasons are technology, trade, and institutions.
  • The relationships between economic growth and international development.
  • Technological innovations and their influence on green and environmental products.
  • The economics of non-solar renewable energy .

Renewable energy is beneficial for various economic reasons.

  • The economic consequences of terrorism . Terrorism not only takes away lives and destroys property but also widely affects the economy. It creates uncertainty in the market, increases insurance claims, slows down investment projects, and tourism. This thesis can address all of the ways in which terrorism can affect economies.
  • Corporate Social Responsibility (CSR) implementation in the Oil and Gas Industry in Africa.
  • Use of incentives in behavioral economics.
  • Economic opportunities and challenges of sustainable communities .
  • Economics of nuclear power plants.
  • Aid and financial help for emerging markets. This topic is very versatile. Students can look at both the positive and the adverse effects that funding has on the development. There are plenty of excellent examples. Besides, some theories call international help a form of neocolonialism.
  • Multinational firms impact on economic growth in America .
  • The effect of natural disasters on economic development in Asia.
  • The influence of globalization on emerging markets and economic development.

📑 More Economics Thesis Topics: Theme

For some students, it makes more sense to center their search around a certain subject. Sometimes you have an econ area that interests you. You may have an idea about what you want to write, but you did not decide what it will be.

If that’s the case with you, then these economics thesis topics ideas are for you.

  • An analysis of the energy market in Russia.
  • The impact of game theory on economic development.
  • The connection between minimum wage and market equilibrium.
  • Gender differences in the labor market in the United States. This topic can shed light on gender differences in the labor market in the United States. In the past years, the overall inequality in labor in the markets decreased. However, there is still a lot of work that can be done.
  • Economic reasons that influence the prices of oil .
  • Relationship between the Lorenz curve and the Gini coefficient.
  • Challenges of small businesses in the market economy.
  • The changes in oil prices: causes and solutions . Universal economic principles do not always apply to the sale and purchase of the oil. The same happens with its cost. In the thesis, talk about what affects the prices. What are the solutions that can be implemented?
  • The economic analysis of the impact of immigration on the American economy.

Immigration has a little long-run effect on Americans’ wages.

  • Economic inequality as a result of globalization . Economic inequality becomes even more apparent on the global level. There is a common belief that globalization is the cause of that. Discuss what can be the solutions to these problems. This topic is vital to minimize the gap between the rich and the poor.
  • The economic explanation of political dishonesty .
  • Effect of Increasing Interest rates costs in Africa .
  • The connection between game theory and microeconomics.
  • Marketing uses in microeconomics.
  • Financial liability in human-made environmental disasters.
  • Banks and their role in the economy. Banks are crucial elements of any economy, and this topic covers why. You can explain how banks allow the goods and services to be exchanged. Talk about why banks are so essential for economic growth and stability.
  • Inflation in the US and ways to reduce its impact.
  • The connection between politics and economics.
  • Income Dynamics and demographic economics.
  • US Market Liquidity and macroeconomics.
  • Macroeconomics and self-correction of the economy .
  • The American economy, monetary policy, and monopolies .
  • The importance of control in macroeconomics. One of the central topics in macroeconomics is grouped around the issue of control. It is quite reasonable that control over money and resources should become a topic of discussion.
  • Analysis of Africa’s macroeconomics and its performance.
  • Economics of education in developing markets.
  • Problems and possible solutions for Japan macroeconomics .
  • Comparative analysis of British macroeconomics concerning the US .
  • Public policies and socio-economic disparities.
  • The world problems through macroeconomic analysis. Indeed, macroeconomics is very complicated. There are many influences, details, and intricacies in it. However, it allows economists to use this complex set of tools to examine the world’s leading problems today.

There are four main problems in macroeconomics.

  • The connection between employment interest and money.

🤔 Development Economics

  • Economics of development . This topic is very rich in content. First, explain what it is. Then pay particular attention to domestic and international policies that affect development, income distribution, and economic growth.
  • The relation between development and incentive for migration.
  • The impact of natural disasters on the economy and political stability of emerging markets.
  • The economic consequences of population growth in developing countries.
  • The role of industrialization in developing countries . The industrialization has been connected with the development. It promotes capital formation and catalyzes economic growth in emerging markets. In this thesis, you can talk about this correlation.
  • Latin American economic development.
  • Gender inequality and socio-economic development .
  • Problems of tax and taxation in connection with economic growth.
  • The economic impact of terrorism on developing markets.
  • Religious decline as a key to economic development. Not everyone knows, but a lot of research has been done in the past years on the topic. It argues that decreased religious activity is connected with increased economic growth. This topic is quite controversial. Students who decide to write about it should be extra careful and polite.

👨‍💼 Behavioral Economics

  • Risk Preferences in Rural South Africa.
  • Behavioral Economics and Finance .
  • Applied behavioral economics in marketing strategies. If you want to focus your attention on marketing, this topic is for you. Behavioral economics provides a peculiar lens to look at marketing strategies. It allows marketers to identify common behaviors and adapt their marketing strategies.
  • The impact of behavioral finance on investment decisions.
  • Behavioral Economics in Child Nutrition Programs in North Texas.
  • Guidelines for Behavioral Economics in Healthcare Sector.
  • Cognitive and behavioral theories in economics .
  • Cross-cultural consumer behavior and marketing communication. Consumers are not only affected by personal characteristics, but also by the culture they are living in. This topic focuses on the extent it should determine marketing strategy and communication.
  • Behavior implications of wealth and inequality.

The richest population holds a huge portion of the national income.

  • Optimism and pessimism for future behavior.

💼 Financial Economics

  • Financial Economics for Infrastructure and Fiscal Policy .
  • The use of the economic concept of human capital. Students can focus on the dichotomy between human and nonhuman capital. Many economists believe that human capital is the most crucial of all. Some approach this issue differently. Therefore, students should do their research and find where they stand on this issue.
  • The analysis of the global financial crisis of 2020s. Share your thoughts, predictions, ideas. Analyze the economic situation that affects almost everyone in the world. This thesis topic will be fresh and original. It can help to start a good and fruitful conversation.
  • The big data economic challenges for Volvo car.
  • The connection between finance, economics, and accounting.
  • Financial economics: Banks competition in the UK .
  • Risk-Taking by mutual funds as a response to incentives.
  • Managerial economics and financial accounting as a basis for business decisions.
  • Stock market overreaction.

🌱 Agricultural Economics

  • Agricultural economics and agribusiness.
  • The vulnerability of agricultural business in African countries.
  • Agricultural economics and environmental considerations of biofuels .
  • Farmer’s contribution to agricultural social capital.
  • Agricultural and resource economics. Agricultural and resource economics plays a huge role in development. They are subdivided into four main characteristics which in this topic, students can talk about: – mineral and energy resources; – soil resources, water resources; – biological resources. One or even all of them can be a focus of the thesis.
  • Water as an economic good in irrigated agriculture.
  • Agriculture in the economic development of Iran.
  • The US Agricultural Food Policy and Production .
  • Pesticides usage on agricultural products in California.

The region of greatest pesticide use was San Joaquin Valley.

  • An analysis of economic efficiency in agriculture. A lot of research has been done on the question of economic efficiency in agriculture. However, it does not mean there is no place for your study. You have to read a lot of secondary sources to see where your arguments can fit.

🤝‍Economic Sociology

  • Theory, approach, and method in economics sociology.
  • Economic sociology of capitalism. While economists believe in the positive effect capitalism has on the economy, the social effect is quite different. The “economic” part of the issue has been studied a lot. However, the sociology of it has been not. This thesis can be very intriguing to read.
  • Political Economy and Economic Sociology.
  • Gender and economic sociology .
  • Progress, sociology, and economics.
  • Data analysis in economics, sociology, environment .
  • Economic sociology as a way to understand the human mind.
  • Economic sociology of money.
  • Economics, sociology, and psychology of security.
  • Major principles of economic sociology. In the past decade, economic sociology became an increasingly popular field. Mainly due to it giving a new view on economics, human mind, and behavior. Besides, it explores relationships between politics, law, culture, and gender.

📚 The List of Ph.D. Topics in Economics

If you decide to go to grad school to do your Masters, you will likely end up getting a Ph.D. as well. So, with this plan in mind, think about a field that interests you enough during your Masters. Working with the same topic for both graduate degrees is easier and more effective.

This list of Ph.D. Topics in Economics can help you identify the areas you can work on.

  • Occupational injuries in Pakistan and its effect on the economy. Injuries are the leading cause of the global burden of disability. Globally, Pakistan was ranked 9th populated country with a large number of unskilled workers. In this dissertation, consider the link between occupational injuries and their effects on the economy.
  • The study of the Philippines’ economic development.

The Philippine economy is projected to continue on its expansionary path.

  • Financial derivatives and climate change .
  • Econometric Analysis of Financial Markets.
  • Islamic Banking and Financial Markets .
  • Health economics and policy in the UK.
  • Health insurance: rationale and economic justification. In this dissertation, students can find different ways to explain and justify health insurance. Starting to philosophical to purely economic grounds. In the past years, there was a lot of discussion regarding the healthcare system for all. What are some of the economic benefits of that?
  • Colombian economy, economic growth, and inequality.
  • Benefits of mergers and acquisitions in agribusiness.
  • Methods to measure financial risks when investing in Africa.
  • The significance of financial economics in understanding the relationship between a country’s GDP and NDP.
  • Network effects in cryptocurrency. Cryptocurrencies are not new anymore. However, it is still an original subject for a dissertation. Students can decide to choose several crypto coins and evaluate the importance of the network effect. This effect is particularly significant for Bitcoin. Explain why.
  • The comparison of the Chinese growth model with the American growth model.
  • An economic justification versus political expediency.
  • Pollution Externalities Role in Management Economics .

📝 How to Select an Economics Thesis Topic

As your academic journey is coming to an end, it’s time to pick the right topic for your thesis. The whole academic life you were preparing to undertake this challenge.

Here is the list of six points that will help you to select an economics thesis topic:

  • Make sure it is something you are genuinely interested in. It is incredibly challenging to write something engaging if you are not interested in the topic. So, choose wisely and chose what excites you.
  • Draw inspiration from the previous student’s projects. A great place to start is by looking at what the previous students wrote. You can find some fresh ideas and a general direction.
  • Ask your thesis advisor for his feedback. Most probably, your thesis advisor supervised many students before. They can be a great help too because they know how to assess papers. Before meeting with your professor, do some basic research, and understand what topic is about.
  • Be original, but not too much. You do not want to spend your time writing about a project that many people wrote about. Your readers will not be interested in reading it, but your professors as well. However, make sure you do not pick anything too obscure. It will leave you with no secondary sources.
  • Choose a narrow and specific topic. Not only will it allow you to be more original, but also to master a topic. When the issue is too broad, there is just too much information to cover in one thesis.
  • Go interdisciplinary. If you find yourself interested in history, philosophy, or any other related topic, it can help you write an exceptional thesis in economics. Most of your peers may work on pure economics. Then, the interdisciplinary approach can help you to stand out among them.

Some universities ask their students to focus on topics from one discipline.

Thank you for reading the article to the end! We hope this list of economics thesis topics ideas could help you to gather your thoughts and get inspired. Share it with those who may find it useful. Let us know what you think about it in the comment section below.

🔗 References

  • Economics Thesis Topics List: Seminars Only
  • How To Pick A Topic For Your Economics Research Project Or Master’s Thesis: INOMICS, The Site for Economists
  • What Do Theses and Dissertations Look Like: KU Writing Center, the University of Kansas
  • Writing Economics: Robert Neugeboren with Mireille Jacobson, University of Harvard
  • Economics Ph.D. Theses: Department of Economics, University of Sussex Business School, IDEAS_RePEc
  • World Economic Situation and Prospects 2018: United Nations
  • Undergraduate Honors Theses: Department of Economics, University of California, Berkeley
  • Economics Department Dissertations Collection: Economics Department, University of Massachusetts Amherst
  • Topics for Master Theses: Department of Economics, NHH, Norwegian School of Economics
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List of Best Economics Research Topics

Circular economics is a novel branch of research in economic development that investigates the material and cash flow streams of institutions/ regions/countries to reduce wastages. It focuses on generating cyclic loops of raw materials, finished products and by-products, such that the end product of one industry could be utilized as the raw material for another, consequently reducing the over-all wastage, reducing capital costs, reducing raw material extraction costs, increasing operational efficiency.  Although it is a novel field in developed countries, the emerging economies still face complications in its implementations. This study will investigate various facets of its implementation in emerging economies.

Although economic development is a multi-variable phenomenon, investigation on its nuances on individual components of societal development is a scarce field, especially in low and middle – income countries. The link between economic development of a country and the development of its education system is complex because efficient economic development provides the platform for educational sector improvement. However, sustained economic development in the current technologically-oriented society is difficult without a performing education system. The current study would focus on the deciphering the links between economic development and education sector to facilitate policy-makers to select the most pertinent domains on their path towards reforms.

Tax reformers, government bodies and policy-makers are often faced with the dilemma of choosing between the most feasible and most effective form of taxation. The primary purpose of such reforms is to find a balance between the amount of taxes collected and the number of people in the tax net. Some countries implement direct taxation while others rely on in-direct taxation to collect money even from the informal sector of the economy. This study would investigate the feasibility of various forms of taxation with case-studies from different developed and under-developed countries. It would encompass the advantages and disadvantages of the various techniques of tax collection and will consequently guide on the future direction of public taxation reforms.

The neo-liberal ideals of free-market economy dictate minimum government intervention in different departments of public service. From examples of some Asian and African countries, a pattern is observed that high government intervention in the health sector gives room to various subtle forms of corruption which leads to the deterioration of the public health sector. On the other hand, a crisis such as global or country-level financial crisis, inflation, and epidemics highlight the inefficiency of private-sector public health departments in providing necessary coverage to the entirety of population. Therefore, this study would focus on the case-study from countries with well-performing public health sector and investigate the underlying mechanisms of their good performance.

The imminent climate crisis has already started to negatively impact the social and economic fabric of many countries. While it is the developed countries which are the leading land and air polluters, low and middle-income nations have more vulnerable to the global disaster due to their infrastructural weaknesses. In light of this, the current study is focused on the investigation of overall feasibility of middle-income economies to shift towards the sustainable and green economy. The study would also evaluate different routes through which the emerging countries could evolve their economic system to be more sustainable as well as more resilient towards climate change.

The rapid pace of globalization now enables small and middle-sized businesses to make cross-continental connections. It has also facilitated the path of procuring higher quality raw materials and cheaper labour. Similarly, digitization of cash flow facilitates remote customers to achieve banking support. However, an investigation of the negative impacts of globalization on the microeconomic development of a country is scarce. South Asia is a region of rapid future development in this sector, therefore, a detailed study is required to guide small businesses in making correct decisions of implementation of digitization and assessing the impacts of entering the global market on their business.

With an increased global focus on shifting towards sustainable energy, public and private sectors all around the globe have been working towards various forms of investments to develop and promote sustainable technologies such as solar and wind power. Governments often take the route of subsidizing such technologies to promote them. However, a glaring dilemma exists whether to spend billions of dollars in subsidizing such technologies or redirecting those investments towards research and developments of these technologies so that they could become more cost-efficient which will automatically promote them over the fossil fuel energy system. This study would investigate the effectiveness of both approaches through analysis of their real implementation in different countries.

The development of economy mandates improvement in production lines, extraction, and conversion of raw materials. Emerging economies of South Asia such as Pakistan, India, and Iran etc. have been heavily focused on boosting their economies through industrialization. On the other hand, unhindered industrialization rapidly destroys the natural assets. Therefore, this study would evaluate various links between the natural assets of these countries. It would also assess the role of natural assets in the economy of such countries, and work on predicting the impacts of the destruction of nature on future economic growth.

The Gross Domestic Product is often taken as the leading indicator of financial growth of a region. However, increasing research has shown that it does not guarantee the improvement in standard of living of the peoples. Its, counterpart, the Human Development Index, although provides a more holistic insight on people’s quality of life. Nevertheless, increasing threat of global warming has induced the countries to protect their environmental assets. Investments in such ventures require correct monetary evaluation of the environment of the country. This study would investigate the techniques of environmental impact assessments, and how they can be utilized in assigning monetary values to natural assets.  

Government policy-making towards housing schemes revolve around increasing public’s satisfaction. Governments often use housing development to stabilize their vote banks in low and middle-income counties. However, analysis of the Human Development Index and GDP growth of various counties show that often the countries with low home-ownership rates score higher on HDI. In-depth investigation on the factors relating to home-ownership and the HDI and GDP growth would be covered in this study. The study would also assess the relationship between economic activity and entrepreneurship with home-ownership.

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Captivating Economics Dissertation Topics by Field Experts

Economics is a very interesting and broad field. There are many opportunities and topics to discover that students often get confused while brainstorming ideas for Economics dissertation topics. Some students succeed in coming up with interesting topics while others struggle.

If you are struggling to create some interesting Economics dissertation topics then don’t worry because we have got you covered. Our team of Economics experts have created a list of topics for Economics dissertation to help struggling students.

List of Best Economics Research Topics For Free!

Dissertation topics could often cost you a fortune if you ask professionals to help you out. That is why we are giving you a list of authentic and compelling dissertation topics for free. Before you grab a topic from the list of best economics research topics, consider a few tips. Choose a dissertation topic that showcases your expertise and gives you an upper hand while writing your dissertation.

To make sure that your final dissertation topic aligns with your interests and meet the acceptance criteria, create multiple drafts before finalizing. It will give you a preview of your research process, scope and possible outcomes. Furthermore, you can select as many topics as you want and create multiple drafts on each of the topics. On the other hand, you can modify any of the topics according to your interests as well.

Economics is a vast subject and it could be hard to choose one topic for your research. Budget, Taxes & Public Investment, Green Economics, Education Economics, Immigration, Inequality, Poverty, Unemployment and other similar topics are some of the trending topics. You can create an interesting Economics research from any of those field and impress the reader at first sight.

Choosing one topic out of hundreds of interesting topic is not an easy task. Before you finalize your Economics research topic, make sure that it aligns with your interest and the acceptance criteria set by the committee. If the topic meets both of them, then you have to start looking for research material through various sources. If you find enough material to write a dissertation then it’s the final topic for you but if you are unable to find information on your topic then you might need to switch the topic.

Hiring someone experienced to write your dissertation is a smart move but there are a lot of things that you have to take into your consideration. First of all, read the privacy policies carefully as well as revision & plagiarism policies. After that, you should read the reviews by their customers to get a grasp of the quality of service they provide. You can reach out to DissertationProposal anytime you want and ask us to write an error-free and authentic dissertation in a short time.

PhD Topics in Economics

Preliminary research on various PhD topics is an important first step when it comes to choosing a PhD in Economics. PhD in Economics is aimed to encourage students to conduct original research in Economics and to develop students as a potential economist. It involves the preparation of candidature and completion of the thesis for the award of the degree. The thesis is considered as a scholarly contribution in the field of specialization. Only after the successful completion of the thesis and its acceptance by the University, a candidate is awarded the degree of PhD. The students are encouraged to select a thesis topic which can be covered in a limited time but should be relevant enough to contribute in the field of economics.

There are number of ways by which you can identify and decide upon your PhD topic but it is not as easy as it sounds. Students are advised to consult someone who is both experienced and specialized in the concerned field. If you have a choice of research topics, start by choosing a topic you like, or one you are curious about.

Here we are suggesting some of the PhD topics in Economics which can make topic selection easier:

  • Technological advancement and changing trends in consumer purchasing behavior : A survey among 100 consumers at shopping malls in India
  • Cost and benefit analysis of protected areas in India : A case study of the Jim Corbett National Park
  • Global warming from an economic viewpoint : An evaluation of the associated costs, benefits and tradeoffs
  • Community-based forest management stories from across the globe : Take home lessons for Indian scenario from an economic perspective
  • An empirical study to evaluate the economic growth in UK from the lens of unemployment rates
  • A comparative study to assess the relationship between inflation and firms profits: Developed V/S developing economies
  • Technology, unemployment and outsourcing : A survey among the leading manufacturing industries in India
  • Impact of VAT and GST on the profitability of public and private organizations
  • Towards economic growth : Assessing the impact of cultural mix on the productivity of creative industries
  • The macroeconomics of SMEs entrepreneurship in Indian market

You don’t need to settle down with any research topic which is ordinary or derived effortlessly. Our experts can simplify your process of choosing a topic for your PhD research and narrowing it down. With us, you will be able to identify the suggested topics by our consultants precisely to make your research efforts more efficient. For more information, contact us today.

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PhD Courses

Grs ec701 microeconomic theory.

Prereq: GRS EC705 and consent of instructor. Primarily for PhD students. Neo-classical general equilibrium theory. Topics covered include consumption, production, existence of competitive equilibrium, fundamental welfare theorems, externalities, and uncertainty.

GRS EC702 Macroeconomic Theory

Prereq: GRS EC701 and consent of instructor. Primarily for PhD students. Basic Keynesian model: consumption, investment, and money demand functions. Extension to the open economy. Determinants of money supply. Effectiveness of monetary and fiscal policy. Inflation and income policy. Elementary growth models.

GRS EC703 Advanced Microeconomic Theory I

Prereq: 701, 705 or equivalent. Walrasian equilibrium: existence, uniqueness and core equivalence. Uncertainty: Arrow Debreu contingent commodities, Radner equilibrium, incomplete markets. Economics of information: rational expectations, adverse selection, signaling and screening. The principal-agent problem.

GRS EC704 Advanced Macroeconomic Theory

Prereq: GRS EC702 and consent of instructor. Primarily for PhD students. Consumption theory and evidence, investment theory and evidence, monetary theory, microfoundations of macrosystems, theory of rational expectations, models of fiscal and monetary macroeconomic policy, and employment theory and policy.

GRS EC705 Introduction to Mathematical Economics

Prereq: consent of instructor. Linear algebra, differential calculus of functions of several variables, elementary real analysis, constrained maximization, and dynamics.

GRS EC707 Advanced Statistics for Economists

Prereq: GRS EC705 or consent of instructor. Application of statistical tools, covering properties of estimators, covariance matrix and correlation, analysis of variance, hypothesis testing, likelihood functions, and likelihood ratio tests. Intended as preparation for GRS EC708.

GRS EC708 Advanced Econometrics I

Prereq: GRS EC705 and EC707. Basic course of econometric theory for MAPE/PhD students. Covers the theory and applications of the LS and ML estimators of the linear single equations models. OLS, GLS, and Gauss-Markov theorem, autocorrelation, heteroscedesticity, nonlinear estimators, distributed lags, errors in variables, instrumental variable estimators, choice models. Introduction to simultaneous equation models.

GRS EC709 Advanced Econometrics II

Prereq: GRS EC708 or consent of instructor. Advanced course for second-year PhD students who have a solid knowledge of basic econometric methods. Covers estimation and simulation of simultaneous equation models and some selected topics in multivariate analysis.

GRS EC711 Advanced Topics in Econometrics

Prereq: GRS EC709 and consent of instructor. Discusses, in abstract fashion, approaches to estimation and inference that are most often used in econometrics, including maximum likelihood and method of moments; recent developments in econometrics that allow one to overcome some of the shortcomings in using the standard approaches to estimation. Main emphasis on cross-sectional applications with some mention of time series applications and further discussions of specification analysis and testing.

GRS EC712 Time Series Econometrics

Prereq: GRS EC708 or consent of instructor. The course first presents the standard theory of stationary stochastic processes: models, estimation in the time and frequency domain, spectral analysis, asymptotic distribution, Kalman filter; VAR models. The second part deals with nonstationary processes (i.e., unit roots) and discusses such topics as functional central limit theorem, asymptotic results with unit roots, tests for unit roots, estimation and tests in cointegrated systems, models with structural changes.

GRS EC716 Game Theory

Prereq: GRS EC705 or a course in real analysis. Introduction to noncooperative and cooperative games with applications in the social sciences.

GRS EC717 Advanced Topics in Microeconomic Theory I

Prereq: consent of instructor. Topics in advanced microeconomic theory to be selected by course instructors. Critical analysis of key papers in the literature.

GRS EC718 Advanced Topics in Microeconomic Theory II

Prereq: GRS EC703 or consent of instructor. Topics in advanced microeconomic theory to be selected by course instructors. Critical analysis of key papers in the literature.

GRS EC721 Topics in Development Economics

Prereq: GRS EC701, EC702, EC703 and EC704 or consent of instructor. Examines the economic development of nations from the perspectives of their relationship with the global economy, to identify issues that are central to economic development in the world economy, and to provide analytical methods for analyzing these issues and formulating policy. Evidence on these issues from Africa, Asia, and Latin America are examined. Some topics to be covered: the role of international trade in economic growth; trade between developed and developing countries; public and private foreign capital; research and development and technology transfer; exchange rate regimes and capital flight.

GRS EC722 Topics in Economic Development II

Prereq: 701, 703, 708 or equivalents. This course covers a range of topics on failures of markets and governance in developing countries. Recent research papers including both theoretical and empirical analysis are discussed, including class presentations by students. Topics include credit and insurance market imperfections; implications for investment, inequality and growth; social networks and social learning. Models of political economy and government accountability, with applications to land reform, decentralization, education, tax policy, and role of the media.

GRS EC731 Market Organization and Public Policy

Prereq: GRS EC701 or EC703. Analytical foundations of public policy toward market organization. Theoretical emphasis on imperfect competition, theory of the firm, and markets with incomplete information. Implications for policy in developed and less-developed countries.

GRS EC732 Topics in Industrial Organization

Prereq: consent of instructor. Topics vary from year to year and may include the economics of contracting and the firm, the economics of regulation, and dynamic models of oligopoly.

GRS EC741 Topics in Macroeconomics and Monetary Theory

Prereq: GRS EC701, EC702, or consent of instructor. Alternative views of demand and supply of money and financial assets. Analytical theories of monetary policy. Problems in the exercise of monetary policy.

GRS EC742 Applied Macroeconomics

Prereq: GRS EC704, EC708, and consent of instructor. Empirical specification of macroeconomic functions including measuring variables, lag structures, and functional forms; estimation and simulation of multiple equation macro models; and use of models for optimal policy design and positive policy prognosis.

GRS EC744 Economic Dynamics

Prereq: consent of instructor. Introduces the theory and application of dynamic optimization and equillibrium analysis, with emphasis on computational methods and techniques. Covers discrete and continuous time models in both deterministic and stochastic environments.

GRS EC745 Macroeconomics and Financial Markets

Prereq: consent of instructor. The course covers recent developments in utility-based asset pricing theory with applications to stocks, bonds and currencies. It integrates macroeconomic and financial theories and their empirical evaluations, focusing on tests and consequences of asset returns’ predictability.

GRS EC751 Topics in Labor Economics I

Prereq: consent of instructor. A survey course which combines an examination of all the major fields in labor market analysis with a comprehensive treatment of methodological topics. Designed to provide the tools necessary to begin a thesis in the field. Topics covered in depth include unemployment, wage setting models, human capital models, and labor motility.

GRS EC752 Topics in Labor Economics II

Prereq: GRS EC701 and consent of instructor. Considers models which explain the origins and persistence of differences in incomes between individuals, groups, and regions. Draws on literatures in applied microeconomic theory, labor economics, development economics, public finance, and social choice theory. Discusses topics at the juncture of economics and sociology which bear on the theme of inequality.

GRS EC761 Public Finance

Prereq: GRS EC701 or consent of instructor. The theory of excess burden; optimal taxation; static, dynamic, and interregional tax incidence; public goods; externalities; corporate taxation; dynamic fiscal policy; and cost-benefit analysis. Extensive use of calculus.

GRS EC762 Topics in Applied Public Finance

Prereq: GRS EC701 and EC702, or consent of instructor. Theory and practice of benefit-cost analysis and other similar techniques for evaluating investment projects. Emphasis on sources of divergence between public and private investment decisions through the estimation of shadow prices in a context of market distortions and disequilibrium. Case studies applying theoretical approach.

GRS EC764 Topics in Economic History

Grs ec781 health economics i.

Prereq: GRS EC701 or consent of instructors. Advanced concepts of health economics, covering classic problems of uncertainty, moral hazard, adverse selection, and agency problems. US and foreign settings considered The primary focus is on understanding the implications of incentives on individual agents without worrying about market interactions.

GRS EC782 Health Economics II

Prereq: GRS EC701 and EC708 or consent of instructor. Advanced concepts of health economics, emphasizing the market interactions and diverse institutions. Developed and developing country experience is examined. Households, individuals, providers and insurers are all considered from both theoretical and empirical perspective.

GRS EC791 International Trade

Prereq: GRS EC701 and consent of instructor. Pure theory of international trade. Analysis of various models that determine comparative advantage. Welfare effects of trade. Emphasis is placed on the use of formal models to analyze tariffs, quotas, and subsidies. Analysis of trade under various competitive frameworks.

GRS EC792 International Finance

Prereq: GRS EC791 or consent of instructor. Extension of important topics introduced in GRS EC791; gains from trade and balance-of-payment adjustment under various conditions of market imperfection; effective production analysis; monetary approach to the balance-of-payment; theorems in the pure theory of trade.

GRS EC794 Financial Econometrics

Prereq: doctoral standing. For PhD students working in the area of econometrics, finance, and applied macroeconomics. Topics include prediction of asset returns, financial volatility, asset allocation, value at risk, and high frequency data analysis.

Graduate Workshops for MAPE/PhD Candidates

Grs ec901-902 dissertation workshop in macro and monetary economics.

Prereq: completion of PhD qualifying examinations. Presentation and discussion of dissertation topics and work in progress.

GRS EC903-904 Dissertation Workshop in Applied Microeconomics

Grs ec905-906 dissertation workshop in economic theory.

Directed study courses are to be arranged with individual faculty members at the time of registration. The Graduate Academic Administrator should be notified of such arrangements, including the course credit agreement, which varies.

Odd-numbered courses are offered in the fall and the first summer session. Even-numbered courses are offered in the spring and the second summer session.

GRS EC905/906 Directed Study in Economic Theory GRS EC911/912 Directed Study in Statistics and Econometrics GRS EC915/916 Directed Study in Economic Planning GRS EC921/922 Directed Study in Economic Development GRS EC931/932 Directed Study in Rural and Agricultural Development GRS EC935/936 Directed Study in the Economics of Public Enterprise GRS EC941/942 Directed Study in Money and Finance GRS EC943/944 Directed Study in Macro/Money GRS EC951/952 Directed Study in International Economics GRS EC961/962 Directed Study in Economic History GRS EC963/964 Directed Study in History of Economic Thought GRS EC965/966 Directed Study in Public Finance GRS EC971/972 Directed Study in Labor and Manpower Economics GRS EC979/980 Directed Study in Urban and Regional Economics GRS EC989/990 Directed Study in Health Economics GRS EC991/992 Directed Study in Comparative Economic Systems GRS EC995/996 Directed Study in Industrial Organization

Course Preparation for Required Examinations

The following courses are recommended as preparation for the PhD qualifying exams:  EC701, EC702, EC703, and EC704.

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  • The impact of local and regional cultures on shaping entrepreneurial economic development.
  • Can entrepreneurial attitude be exported? The role of emigrants in introducing new entrepreneurial attitudes.
  • Importance of “Made In” labels. Is there a place for social reputation and competition in business in certain national economies?
  • Differences of entrepreneurial behaviour in rural and urban areas.
  • Is there any relationship between mature industries dominating small towns and their local cultural factors?
  • The role of local culture in promoting regional innovation networks.
  • What are the core antecedents and outcomes of the knowledge transference in specific economic area?
  • The ‘lock-in’ effect of a local cluster. The case of (a region).
  • National, regional and local policies to support local clusters: opportunities.
  • How can policy support the creation of a local cluster?
  • Are networks affected by local proximity? Differences between co-localised and dispersed networks.
  • The likelihood impact of State Autonomy on policy outcomes that shape the local economy in the cities.
  • A model for the development of information and communication technology incubators in the NIGERIA. Analysis of the concentration of Top 50 IT companies.
  • What is causing regional divergence? An analysis to the richest and poorest regions in the NIGERIA.
  • The economic geography of recession. Difference between regional and city economics in NIGERIA
  • Does economic geography matter in contemporary environment? The role of information and communication technology in telecommuting.
  • The role of international airports and economic geography.

Economic Sociology Dissertation Topics

Economic sociology refers to sociological aspects influencing the economic indicators and their relationship with social outcomes. This branch of literature explores the cause and effect type relationship between the social causes and their underpinning economic effects. Possible economics dissertation topics in this area include:

  • The role of social networks in supporting innovation activities in mature industries.
  • The financial and non-financial support of family in development of successful entrepreneurship.
  • The private network as the facilitator of the firm start-up.
  • Critically analysing the differences between trust and power in local productive systems.
  • Social contracts and peer-pressure as the source of traditional industry development in the NIGERIA.
  • Can cultural mix increase productivity in creative industries? Evidence from NIGERIA.
  • The role of social and intellectual capital in rural places in the NIGERIA.
  • Is social capital a critical factor in the British creative industries?
  • How can universities take advantage of the social networks to induce entrepreneurial action among their students?
  • The role and contribution of social entrepreneurship in the NIGERIA.
  • Economic impact of migration from different regions of the world to the NIGERIA.
  • Is the relationship between economic and social development linear?
  • Convergence of economic systems in the wake of globalisation and their implications on the social development across developed, emerging and developing national economies

Institutional Economics Dissertation Topics

Institutional Economics relates to a variety of economics traditions that are concerned with social institutions which are linked to consumption, distribution and production of goods and services as well as the underlying corresponding social relations. In essence, Institutional Economics has a relatively broad inquiry scope and is considered to have relatively close ties with other disciplines such as anthropology, economic sociology, psychology, economic history, behavioural economics, behavioural finance, physical science, management and business studies, and nowadays neuro, cognitive and brain science. This implies that there are various dissertation topics that can fall under the Institutional Economics bracket; some of these include the following.

  • An examination of the provisions of Institutional economics and neoclassical economics theses and methodologies
  • An assessment of the implications of Institutional Economics methodologies for the analysis of the property market
  • A study of how the theoretical assumptions of the New Institutional Economics’ (NIE) micro analytical level influence a firm’s choice of governance structures
  • How do habits and routines affect the productivity? The case of (an industry)
  • How does the culture mix impact on the organisation of firms in the NIGERIA?
  • Is there a role for bureaucracy in NIGERIA productivity?
  • Efficiency in the property market in the NIGERIA: An institutional perspective.
  • Transaction costs and economic development.
  • A resource-based theory analysis to firm co-operation.
  • How can transaction costs economics account for inter-firm collaboration?
  • Ownership and control in the NIGERIA: An institutional analysis.
  • A characterisation of the British manager and investors: What are the differences?
  • How does job experience relate to entrepreneurship? Evidence from the NIGERIA.
  • Educational aspects of entrepreneurship. The role of formal school in promoting entrepreneurial capacities in the NIGERIA.
  • Latent entrepreneurship: NIGERIA vs Africa

Microeconomics Dissertation Topics

he objective of microeconomic theory and research is to examine and analyse how individual decision-makers, both consumers and producers, behave in different economic settings. The overarching goal of microeconomic research is to identify the incentives of various agents and trade-offs that they may face. To understand behaviour of individuals in terms of their economic decision-making, researchers build various models, use data and conduct experiments.

The following are the examples of dissertation topics on ‘Microeconomics’:

  • The evolution of consumption in the NIGERIA over the last 10 years: Trends in consumer behaviour
  • Are mergers related to productivity in NIGERIA firms?
  • Opportunities for the NIGERIA competition policy
  • Are British oligopolistic markets really oligopolistic?
  • Can the dominant-firm model be applied to the furniture retail industry in the NIGERIA?
  • Conditions for the existence of a knowledge firm
  • Characteristics of the innovative organisation in the NIGERIA
  • Are innovative firms in the NIGERIA more innovative than in Africa?
  • The impact of the Africaan regional policy on British small and medium enterprises (SMEs)
  • The energy market in the NIGERIA: A microeconomic approach
  • The impact of regulation on British industries: The case study of (an industry)
  • Does firm size affect firm profits? Evidence from manufacturing firms in the NIGERIA
  • Development of international economics and household finance
  • Economics of risk, uncertainty and expectational coordination
  • Game theory and decision theory

Macroeconomics Dissertation Topics

Macroeconomic research focuses on understanding the interaction between the global economy and financial markets. In particular, macroeconomics specialises in how the aggregate economy behaves. It studies a variety of economy-wide phenomena such as inflation, price levels, rate of growth, national income, employment and gross domestic product.

The following are the examples of dissertation topics on ‘Macroeconomics’:

  • How do interest rates affect consumption in the NIGERIA?
  • What is the role of the dollar evolution in NIGERIA spending?
  • Magnitude of the impact of oil price changes on NIGERIA consumption.
  • What is the relationship between NIGERIA and Africa Union interest rates?
  • What factors influence the salary inequality across the NIGERIA?
  • The relationship between the salary levels and economic convergence between NIGERIA regions
  • The evolution of regional convergence in the NIGERIA: Period of transition
  • The evolution of the exchange rates in the NIGERIA: Causes and consequences
  • The impact of the common agriculture policy (CAP) on Africa agriculture
  • Economic growth and productivity. The NIGERIA in the century transition.
  • Interest rates and foreign direct investment in the NIGERIA
  • Development of NIGERIA monetary policy overtime
  • Consumption, growth and interest rates in the NIGERIA
  • Does inflation affect firms’ profits in the NIGERIA?
  • Unemployment and regional mobility of labour in the NIGERIA
  • Unemployment and labour regulation in the NIGERIA
  • What are the differences between African and Nigerian unemployment?
  • Economic growth and unemployment: Is there a relationship in the NIGERIA?
  • The macroeconomics of SMEs entrepreneurship in the NIGERIA.
  • Global economic recession and factors that contribute to it
  • Is NIGERIA insurance system economically viable?

This discipline is focused on understanding the dynamics of regions as smaller economies with their own circumstances and outcomes. The focus is on internal working of the regional economies as well as on their interaction with other regions. There is a component of economic growth and development at a regional level. The suggestions below will give you further ideas for your economics dissertation topics:

  • Regional development and profitability of the businesses. What are the factors underpinning this relationship?
  • The contribution of entrepreneurial networks for regional development.
  • Implications and development of regional development policy in the NIGERIA
  • Infrastructures and regional development. How can the rail and road network explain the differences in the development of regions in the NIGERIA?
  • Regional comparative advantage in natural resources and regional development.
  • Importance of learning, knowledge and innovation in regional development.
  • Diversity of location theories and their contribution to the understanding of regional development.
  • Effect of regional policy surrounding start-ups on regional development: more new firms or better old ones?
  • The role of broad-band internet technology in regional development: co-relation between internet speeds and regional development?
  • Public investment and regional output: Evidence from the NIGERIA regions.
  • Robustness of regional institutions and development: How to search for a link?
  • Regional aspects of entrepreneurship in the NIGERIA.
  • Role of regional co-operation to develop sustainable competitive advantage at the national stage.
  • Convergence and endogenous growth differences between South East England and the rest of the NIGERIA.

Employment Economics Dissertation Topics

Employment is considered to be a key concept in economics and its significance is reflected in the perception that people at work are seen as individuals / groups of individuals involved in the production of services and goods. Such production requires human capital and time; thus, organisations of different types pay people that are involved in the production process providing them with income that is later used to boost economic activity. In macroeconomics, low rates of national employment may signal underdevelopment or long-lasting depression while high rates of national employment may signal economic growth and development. Below is a list of dissertation topics that cover the area of employment economics.

  • Job creation and destruction in the NIGERIA.
  • A study of how flexible employment affects political support for social policy protection
  • The impact of gender inequality in employment on economic growth and workforce productivity
  • The influence of economic cycles on employment, workforce productivity and innovation: a study of manufacturing industries
  • Local pools on unemployment in the NIGERIA: Looking for similarities.
  • Factors determining self-employment in the NIGERIA.
  • The effects of minimum wages on British employment.
  • How does technological innovation affect Nigeria unemployment? Evidence from the manufacturing industries,
  • The demand for labour: similarities and differences in the demand of skilled and non-skilled labour in the NIGERIA.
  • A comparison of self-employment across Africa: Where does the NIGERIA stand?
  • Government policies in support of self-employment: Evidence from the NIGERIA.
  • The effects of immigration on British employment and productivity.
  • How does professional training affect British employment?

Financial Economics Dissertation Topics

Financial markets are very important in the context of modern economies. Financial economics is a brand of economics that examines the utilisation and distribution of economic resources in financial markets in which decisions must be made under uncertainty.

The following are the examples of dissertation topics on ‘Financial Economics’:

  • Investment and cash flow in the NIGERIA: The nature and strength of the relationship
  • How is the FTSE affected by interest rates?
  • Does CAPM apply to stocks listed on the FTSE 100?
  • How does the behaviour of the FSTE 100 affect economic growth?
  • Behavioural finance: A study on the motivation of British investors
  • The determinants of corporate debt in the NIGERIA
  • The role of private equity and debt market in the finances of SMEs in the NIGERIA
  • Do SMEs achieve higher profitability rates than large corporations in the NIGERIA?
  • The financial structure of British firms: A comparison with Africaan Union
  • Financial markets and financial intermediation in the NIGERIA
  • Temporary and permanent components of asset prices in the NIGERIA
  • Capital and financial structure of NIGERIA companies
  • Investor protection and corporate governance: Comparison between Africa and Nigeria financial market
  • Political uncertainty on asset prices

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