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Contact Schools Directly - Compare 25 Doctors of Philosophy  (PhD) Programs in Economics in Europe 2024

25 PhD Programs in Economics in Europe 2024

There is evidence of economic writing that dates all the way back to the Mesopotamian era. The development of modern economics is largely due to two groups which were known as the physiocrats and the mercantilists. These groups help develop capitalism in Europe in the 16th century.

In all, there are over 4000 Higher Education Institutions in Europe offering a wide range of courses at Bachelor, Masters and Doctorate level. With more and more of these organizations offering English as the language of education for at least some of their degree programs, universities in Europe are now of higher quality than ever before. Universities in Europe offer a friendly welcome to foreign students and to give a course of knowledge that meets their profession needs in today’s global demand.

Requirements for the PhD program often involve the student having already obtained a Master’s degree. Additionally, a thesis or dissertation primarily consisting of original academic research must be submitted. In some countries, this work may even need to be defended in front of a panel.

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Doctorate in Economics (Ph.D.)

University of cyprus.

University of Cyprus

  • Aglantzia, Cyprus

8 semesters

The goal of the Ph.D. Program in Economics is to provide training to individuals to become high-quality researchers in line with international standards. Our aim is for our graduates to be able to successfully compete for employment at Universities, research institutions, public policy organizations, and the private sector. In addition to this, it aims to create a dynamic research community at the University of Cyprus that will also raise the level of economic research in Cyprus and infuse public debate on economic policy with scientific methods and rigorous analysis.

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Executive PhD

Maastricht school of management.

Maastricht School of Management

  • Maastricht, Netherlands

The part-time Executive Ph.D. program in Private Sector Development for Emerging Economies allows working professionals and researchers with full-time or part-time jobs to combine their careers with obtaining a Ph.D. The program provides advanced training in the theory and skills crucial to private sector development, design, and research. As the highest academic qualification, obtaining a Ph.D. will improve your career prospects both in academia and in business. In addition, you will make an original contribution to your field of interest that will add to previous research. During the program, you will benefit from the extensive knowledge and expertise of the key lecturers and supervisors in the program, who are leading scholars in the fields of the research themes. By joining the program, you will become part of the stimulating and challenging research community of Maastricht University School of Business and Economics (SBE) and Maastricht School of Management (MSM).

Executive Phd

Paris dauphine university.

Paris Dauphine University

  • Paris, France

English, French

The Executive PhD at the Université Paris-Dauphine is a doctoral level program, based on the concept of “engaged research”, which is offered to working professionals in order to give them all the necessary research tools to theorize their professional experience and produce academic research of the highest quality.

Ph.D. in Business and Socioeconomic Sciences

Modul university vienna.

Modul University Vienna

  • Vienna, Austria

Modul University Vienna’s Ph.D. in Business and Socioeconomic Sciences is a four-year, full-time doctoral studies program that prepares candidates to contribute to innovative research in industry-related areas of specialization. Based on the unique research orientation of the four Modul University departments, incoming Ph.D. candidates can focus their doctoral studies from among the following concentrations: Information Systems; Marketing; Sustainable Development; Public Governance; Service Management; Tourism; Leisure Science; Quality of Life, Well-being and Environmental Psychology. The doctoral program targets those interested in research careers in either higher education or industry and is ideal for prospective candidates already holding a master’s degree (or equivalent) in either business or one of the social sciences.

Ph.D. in Economics

Luiss phd programs.

Luiss PhD programs

  • Rome, Italy

The Ph.D. in Economics at Luiss Guido Carli is a four-year program providing advanced education in all the main areas of economics. It is aimed at training international economists capable of contributing to the advancement of knowledge and capable of expanding the frontiers of research in economic disciplines.

PhD Economics and Business - Economics and Management

University of latvia.

University of Latvia

  • Riga, Latvia

Full time, Part time

The doctoral study programme "Economics and Business" is the only programme of its kind in Latvia, which will cover the sub-branches of the economy and entrepreneurship sector. The purpose of the doctoral programme is to prepare highly qualified researchers, industry and organization leaders, as well as academics capable of developing independent research in the field of economics and business, obtaining scientifically original and proven results, thereby demonstrating their competence in research, organization and management in economics, addressing business and educational development and innovation challenges; to prepare highly qualified professionals with internationally comparable competencies in the field of economics and business and an internationally comparable Doctor in Science degree, providing the national economy with highly qualified professionals.

PhD in Economics

Kaunas university of technology.

Kaunas University of Technology

  • Kaunas, Lithuania

English, Lithuanian

The program aims to train talented economists able to contribute to the latest scientific research of economics, create new knowledge and apply it in practice; to prepare top professionals in the area, who are ready for academic and professional careers in leading research institutions of the world.

DIW Berlin - German Institute for Economic Research

DIW Berlin - German Institute for Economic Research

  • Berlin, Germany

The DIW Graduate Center (GC) at the German Institute for Economic Research welcomes applications from highly qualified post-graduate students from around the world to enroll in its structured doctoral program in Economics.

University of Porto School of Economics and Management

University of Porto School of Economics and Management

  • Porto, Portugal

The Ph.D. Programme in Economics is a four-year, full-time programme. The first three semesters are devoted to coursework; the remaining semesters are devoted to the preparation of the Ph.D. dissertation.

PhD in Economics and Business

Universidade santiago de compostela.

Universidade Santiago de Compostela

  • Santiago de Compostela, Spain

Spanish, Galician

This program is adapted to a specialized and competitive postgraduate offer with respect to the university, national and international environment, increasing the social prestige of postgraduate studies. This proposal is intended to reinforce the prestige of USC's research career.

PhD in Economics and Econometrics

Faculty of social sciences, charles university (fsv uk).

Faculty of Social Sciences, Charles University (FSV UK)

  • Prague 1, Czech Republic

The knowledge output of the graduate is familiarity with advanced models of theoretical microeconomics, macroeconomics, and econometrics. Specialized output is knowledge of advanced theoretical and econometric models in those areas of economics that the graduate chooses as their specialization and in which he/she then conducts independent research (e.g. labor market economics, finance, etc.). Further specialized output is the knowledge of current scientific literature in the field of graduate research. The general knowledge output of the graduate is the knowledge of advanced mathematical methods and passive and active use of the English language at the level allowing to perform scientific work at the international level.

PhD in Economics and Finance

Free university of bozen-bolzano.

Free University of Bozen-Bolzano

  • Bolzano, Italy

Our ambition is to offer a Ph.D. program that leverages the specific strengths of our University and international Faculty and provides talented and motivated students with a high-quality education and research environment that best serves their career aspirations.

Blended, On-Campus

The Ph.D. program concentrates on economic theory and its applications in economic and financial analyses. The program focuses on the modeling and analyses of economic processes and the behavior of economic agents, using modern microeconomics, macroeconomics, econometrics, econometrics, and finance. The doctoral program aims to prepare highly qualified and trained experts for academia, international organizations, the financial sector as well as other industries.

PhD in Economics and Management

Peter the great st. petersburg polytechnic university.

Peter the Great St. Petersburg Polytechnic University

  • Saint Petersburg, Russia

English, Russian

Our Ph.D. in Economics and Management is aimed at training economists who are able to successfully solve the problems of enterprise and regional management, taking into account the ongoing changes in the social and economic environment on the basis of modern digital technologies.

PhD in Economics, Analytics and Decision Sciences

Imt school for advanced studies lucca.

IMT School for Advanced Studies Lucca

  • Lucca, Italy

Economics Analytics and Decision Sciences is one of the three PhD Programs offered by the IMT School for Advanced Studies Lucca.

  • Doctors of Business Administration
  • Doctor of Education
  • Czech Republic
  • Netherlands
  • Switzerland
  • Distance Learning

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PhD in Economics in Europe

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PhD in Economics in Europe

A PhD , also known as a Doctor of Philosophy degree, is a doctorate awarded by a university to an academic who has completed all required qualifications and is now considered a doctor in his or her academic field. Those who study economics first learn the distinctions between microeconomics and macroeconomics. Microeconomics is concerned with the behaviour and interactions of individual markets, such as households and firms. On the other hand, macroeconomics is focused on the state of the economy as a whole.  Over 4,000 higher education institutions are located in Europe , ranging from world-class research organizations to small, teaching-focused universities. Europe, which expands from the Arctic Circle to the African coast, is not unlike other continents.

This Blog Includes:

Phd in economics: the course, why choose europe for phd, top universities for phd in economics in europe, phd within the framework of the european higher education area, cost of phd in economics in europe, careers and scope.

  • A PhD in Economics typically includes coursework in both macroeconomics and microeconomics. However, if you want to teach or conduct formal research in economic subjects, this is a useful degree. Once the proposal is approved and the oral exam is passed, the final years of enrollment are devoted to dissertation research, writing, and defence.
  • The major opportunity in the field of Economics is that it is primarily involved in research. A PhD degree should be pursued only if a person has a strong interest in research-oriented work. PhDs are typically pursued by individuals involved in the academic field. This may lead to a better understanding of the specific field or subject.
  • After completing the PhD in Economics course, students will be able to understand a wide range of theoretical debates in economics and business, analyse economic problems, and evaluate the implications for economic policy and business planning and strategy.
  • Most economist jobs require a master’s degree or a PhD in Economics. For advancement to higher-level positions, an advanced degree is sometimes required.

Must Read: PhD at University of Toronto

Europe is a popular destination for postgraduate study. There are numerous reasons why people choose to pursue their master’s or PhD programme in Europe, not the least of which is Europe’s excellent reputation in terms of high educational standards, as well as the general way of life, vast amounts of choices and options, and cultural diversity. Here are some of the main reasons why you should pursue your PhD in Economics in Europe:

  • Great Experience

Many students choose to pursue a postgraduate degree in Europe because of the overall experience it can provide. The ability to get cheap trains and flights to visit a variety of countries within Europe during a free weekend or the Christmas or Easter holidays is one of the benefits. If you live and study at a university in Europe, the rest of the continent is right on your doorstep, waiting to be explored.

  • Quality of Education

Europe’s university quality is extremely high, with some of the world’s top-ranked institutions such as University College London, the University of Cambridge, and the University of Oxford in the United Kingdom. These universities, along with many others in Europe, are all held in high regard around the world and demonstrate Europe’s ability to provide an exceptional standard of teaching for postgraduate students.

  • Budget Friendly

Pursuing a master’s degree or PhD programme in Europe can also be financially advantageous because tuition fees can be much lower than those in other countries such as America. Postgraduate course fees in Europe typically range from €5,000 (INR 4,10 Lakh) to €25,000 (INR 20.5 Lakh), depending on the university’s status and the course topic. Most postgraduate courses for international students cost €15,000 (INR 12.3 Lakh), which is significantly less than those in the United States.

  • Possibilities for employment

Studying in a European city is advantageous for your future career because their student populations are large and diverse. This gives the postgraduate student a broader life experience while also providing excellent networking opportunities. Potential employers are well aware of the high quality of higher education institutions in Europe, which can undoubtedly help you along your chosen career path. Your chosen European university is likely to impress potential employers, which can help you advance your career.

According to the most recent international rankings, the following are the best economics schools for PhD in Economics in Europe:

  • London School of Economics and Political Sciences (LSE), UK
  • University of Oxford, UK
  • The University of Cambridge, UK
  • University College London (UCL), UK
  • Bocconi University, Italy
  • University of Warwick, UK
  • Tilburg University, Netherlands
  • University of Zurich, Switzerland
  • London Business School, UK
  • ETH Zurich, Switzerland

EHEA is a network of 48 countries that use the same university degree system. It consists of all 28 EU members (including the United Kingdom) as well as other countries from Europe and Eurasia.

The Bologna Process, which was signed in 1999 at the University of Bologna (Europe’s oldest university), is followed by all EHEA members. This divides academic degrees into three categories:

  • Bachelor’s degrees are first-cycle degrees that typically take three years to complete. 
  • Master’s degrees are second-cycle degrees that typically last two years.
  • Doctorates (such as PhDs) are third-cycle degrees that typically take three to four years to complete.

Academic degrees obtained in one EHEA country are automatically recognised in others. This makes studying abroad in different parts of Europe or working in another European country with your doctorate much easier.

According to the National Center for Education Statistics, a PhD in Economics in Europe costs an average of $19,314 (INR 15.9 Lakh) per year. This amount represents the average graduate tuition charged by both public and private institutions between the years 2018 and 2019. Tuition fees vary by school, and private universities are frequently more expensive than public universities.

Must Read: PhD Programs in New York

A PhD in Economics in Europe will provide you with career stability and financial security. Career opportunities in economics are excellent, as employment in these fields is expected to grow faster than the national average. Continue reading for a list of some of the best PhD in Economics jobs for graduates, as well as an overview of their annual salaries. According to PayScale, the average salary for someone with a PhD in Economics is $110,000 (INR 90.66 Lakh) per year. This value varies depending on your career path, the company you work for, and even the industry in which you work.

A PhD in Economics in Europe is well worth the investment. Obtaining a PhD in economics is an excellent way to gain valuable skills for the econ job market, improve your overall communication, and ensure financial security and stability throughout your career.

Economics PhD graduates have the option of conducting research and teaching in prestigious institutions, prestigious government positions, or ongoing work at some of the highest-paying private institutions.

Many universities depend on outside funding to establish PhD positions. External funding is frequently provided in the form of research grants for specific research projects. The European Commission and national scientific research councils are two common funding sources.

In general, a PhD in Europe takes at least four years to complete, though there are three- and five-year programmes, as well as part-time options.

In Europe, the average monthly minimum salary for a PhD student is €2,600. It is important to note that this figure includes all disciplines, not just science and engineering.

Consider an economics PhD if you want to work in research, are good at math (i.e., quant GRE score above 165), and have a demonstrated interest in economics research.

To help you shortlist colleges/universities in Europe or any other country, please contact Leverage Edu . You can also call us at 1800 57 2000 for a free 30-minute counselling session.

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The European Doctoral Program in Quantitative Economics

A long-running  network of six of the top Economics Departments  in Europe allowing for the exchange of their PhD students for a period between three months and one year.  

This is  an exchange programme for PhD students  who are  already enrolled in one of the partner institutions. Its aim is to allow PhD students to benefit from these institutions’ strengths in the various research areas of economics. PhD degrees are awarded by the applicant’s home institution. In addition, the network provides a certificate stating that the degree is awarded under the European Doctoral Program. 

EDP students are required to spend at least three months abroad in an EDP institution different from that in which they are registered. EDP exchanges typically do not come with any fee requirement from the host institution, and students may be able to access the host institutions’ student housing. However, the host institutions do not provide any funding for the visit (these exchanges are typically funded by programs in the student’s home institution or by applications for research funding). 

The spirit of the program is to  encourage the European mobility of PhD students  and by doing so help them to produce better research. Students will be provided with office space in the host institution, have access to all seminars and workshops, and will have a named local researcher as their contact in the host institution. EDP students are also encouraged to take an active role in local research activities, including seminar presentations and joint research projects. Last, all EDP students will take part in the annual EDP Jamboree, a two-day workshop with other EDP exchange students that takes place annually in one of the EDP Member Institutions, and present at least once. 

Member institutions

Université catholique de Louvain – Economics School of Louvain (Belgium)  

Paris School of Economics (France)  

University of Bonn – Bonn Graduate School of Economics (Germany)  

European University Institute, Florence – Economics Department (Italy)  

Universitat Pompeu Fabra, Barcelona – Department of Economics and Business (Spain)  

Exchange partner :   

Tel Aviv University – The Eitan Berglas School of Economics (Israel)  

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  • Aveiro, Portugal

PhD in Economics

  • Ostrava, Czech Republic

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PhD in Finance

Mphil/phd economics.

  • Lincoln, England

Economics (Research)

  • Cardiff, Wales

MPhil/PhD Finance

Phd course in development economics and local systems - delos.

  • Florence, Italy
  • Blended learning

International Ph.D. in Economics

  • Multiple (2)

Doctorate in Accounting

Economics and business (4 years).

  • Ljubljana, Slovenia

Accounting and Finance (Research)

Doctorate in territory, risk and public policies, phd in economy and management, phd in business and socioeconomic sciences.

  • Vienna, Austria

Digital Economy and Business

  • Riga, Latvia

Doctorate in Business Economics

  • León, Spain

economics phd in europe

  • Kaunas, Lithuania
  • Prague, Czech Republic

Doctorate in Finance (in English only)

  • Lisbon, Portugal


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European Doctorate in Economics Erasmus Mundus (EDEEM)

Based upon their long experience in European Doctoral Programs in economics, EDEEM wants to promote research training in the field of economics, to foster the mobility of doctoral candidates in this field, and to strengthen scientific and teaching collaboration among the participating institutions and third-country universities.

The European Doctorate in Economics – Erasmus Mundus (EDEEM) is a doctoral program in economics that gathers seven leading European institutions and is coordinated by Universität Bielefeld, Germany.

The EDEEM program is research-oriented and aims to produce top-quality researchers, who will gain international experience working within leading European research units that have some of Europe’s best researchers in economics. Students are trained for positions in academia at the highest international levels, as well as for responsible positions in government, research organizations, and business enterprises. High focus is made on research work, publication and presentation, with dedicated Jamborees being an integral part of the training. EDEEM welcomes around 15 students each year.

Admission is based on excellence in previous masters degree studies or equivalent. This degree does not have to be in economics, although interest in economics is certainly desirable and a strong background in mathematics will be helpful together with fluent written and spoken English. The program is organised in three years. All PhD students are jointly supervised by two advisers through a bilateral agreement between two universities in the consortium. The preparation of the PhD thesis will be carried out in alternating periods of at least two semesters in both universities. The students having successfully carried out the Study Program will be awarded a joint or a double doctoral degree.

Universität Bonn

Department of Economics / BGSE

  • Department of Economics

Bonn Graduate School of Economics

European Doctoral Program (EDP)

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The European Doctoral Program (EDP) is a network of top economics departments in Europe, organized jointly by

  • Universitat Pompeu Fabra, Barcelona ,
  • Bonn University ,
  • European University Institute, Florence ,
  • Université Catholique de Louvain ,
  • Ecole des Hautes Etudes en Sciences Sociales, Paris School of Economics , and
  • Tel Aviv University as an EDP exchange partner.

March 2023:

The LSE is no longer an EDP partner as a result of Brexit. The BGSE regrets this development and would like to thank all colleagues in London for the many years of trusting cooperation within the EDP.

The European Doctoral Program offers unique access to the traditions and to the current research fields of the seven member institutions.In other words: As a BGSE student, you may visit one of the member institutions of the European Doctoral Program in Quantitative Economics for a research stay abroad.

A good time for a research visit is during the third year of your doctoral studies. Anyhow, since places within the EDP are limited, decisions on acceptance are based on academic performance. If you are accepted to visit an EDP partner and if your supervisor in Bonn supports your plans, the BGSE finances your research visit of up to six months.

EDP Coordinator

Avatar Kube

Prof. Dr. Sebastian Kube

[email protected]

Current EDP Students

  • Marcel Brambeer
  • Francisco Osswald do Amaral
  • Miguel Risco Bermejo
  • Anna Schulze Tilling
  • Lenard Paul Simon
  • Silvio Sorbera
  • Jakob Wegmann
  • Russ, Kilian (LSE, academic years 2015/16, 2016/17 and 2017/18) - graduated 2022
  • Voß, Paul (LSE, academic year 2018/2019) - graduated 2021
  • Zimmermann, Niklas Kaspar (Paris School of Economics, 01/2016 - 05/2016) - graduated 2021
  • Heese, Carl (LSE, May - July 2017) - graduated 2020
  • Kulms, Marius (LSE, academic year 2018/2019) graduated 2020
  • Kotidis, Antonis (Universitat Pompeu Fabra, Barcelona 2015 - 2016) - graduated 2019
  • Walders, Fabian (Université Catholique de Louvain, 2015 - 2016) - graduated 2018
  • Winkelmann, Justus (LSE, 2015 - 2016) - graduated 2018
  • Wolf, Martin (LSE 2014 - 2015) - graduated 2017
  • Gamp, Tobias (LSE, 2013 - 2014) - graduated 2016
  • Lütticke, Ralph (Universitat Pompeu Fabra, Barcelona, 09/2012 - 12/2012) - graduated 2016
  • Wuggenig (Salish), Mirjam (European University Institute, Florence, 2015) - graduated 2016
  • Herold, Jens (Universitat Pompeu Fabra, Barcelona, August - December 2015) - graduated 2018
  • Grodecka, Anna (LSE, 2012 - 2013) - graduated 2015
  • Yokeeswaran Venuga (LSE 2010 - 2011) - graduated 2015
  • Aigner, Rafael (LSE, 2009 - 2010) - graduated 2014
  • Hansen, Emanuel (LSE, 2010 - 2011) - graduated 2014
  • Litterscheid, Sina (LSE, 2011 - 2012) - graduated 2014
  • Hürtgen, Patrick (Universitat Pompeu Fabra, Barcelona, 03/2012 - 07/2012) - graduated 2013
  • Mirza, Harun (Universitat Pompeu Fabra, Barcelona, 09/2012 - 12/2012) - graduated 2013

EDP Jamborees

Edp jamboree 2023.

08 - 09 June 2023 (program not yet available)

EDP Jamboree 2019

19 - 20 September 2019

EDP Jamboree 2018

6 - 7 September 2018

EDP Jamboree 2017

7 - 8 September 2017

EDP Jamboree 2016

15 - 16 September 2016

EDP Jamboree 2015

14 - 15 September 2015

EDP Jamboree 2014

September 2014

EDP Jamboree 2013

November 2013


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    As Europe approaches the second half of the 21st-century’s second decade, it faces pressing issues of anti-EU sentiment, sluggish economic growth and high unemployment.

  3. What Percentage of Americans Have a PhD?

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    PhD Course in Development Economics and Local Systems - DELOS · Doctorate / PhD · Florence, Italy · 3 years · Blended learning

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    PhD Course in Development Economics and Local Systems - DELOS · Doctorate / PhD · Florence, Italy · 3 years · Blended learning

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