university of melbourne phd economics

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• Doctor of Philosophy - Business and Economics

Doctor of Philosophy - Business and Economics (DR-PHILBE) // Notes

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About this course

• Entry and participation requirements
• Attributes, outcomes and skills
• Course structure

Associate Professor Anish Nagpal Assistant Dean (Graduate Research)

Melbourne Business School [email protected]

APPLICATION PROCEDURE

Detailed information for prospective research higher degree students regarding the application process, including the online application form is available at http://futurestudents.unimelb.edu.au/admissions/applications/research .

Commencement dates for the Doctoral Program are as follows:

Semester 1 entry only:

• Accounting (application closing date 31 August)
• Economics (application closing date 30 September)

Semester 2 entry only:

• Decision, Risk and Financial Sciences (application closing date 15 February)
• Finance (application closing date 1 February)
• Management & Marketing (application closing date 15 February)

Applications for the PhD program in Actuarial Studies and Business Administration and Analytics can be made all year round.

It is only necessary to contact a potential supervisor prior to applying if you are submitting an application for the PhD in Actuarial Studies or Business Administration and Analytics.

Which scholarship can I apply for?

Students can find information about graduate research scholarships offered by the University of Melbourne at the Melbourne Scholarships Office .

The Higher Degrees Research Committee (HDRC) of the University will not approve entirely distance supervision or entirely on-line supervision for graduate researchers.

Last updated: 14 January 2023

Doctoral Program in Economics

Study level, course detail, intake time, standard duration, about the course.

The Doctoral Program in Economics at the University of Melbourne is the leading PhD program in the region and sits among the world’s top graduate research programs. This program is jointly offered by the Department of Economics and Australia’s pre-eminent economic and social policy research institution, the Melbourne Institute of Applied Economic and Social Research. The diversity and depth of available research advisors and research topics in theoretical and applied economics in Australia is unparalleled in the region.

Requirements

Average score.

At least 75% in the final year

Overall 7.0 with 7.0 in writing (no band less than 6.0)

Background requirements, the university of melbourne.

Institute Ranking

#41 in qs world university rankings 2021, #3 in australia, program ranking, #1 in australia for economics & econometrics, #23 in the world. *qs world university rankings by subject 2020.

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Explore our scholarship opportunities that recognise talent and support graduate researchers.

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Find the right supervisor for you and learn how they can support your research.

How to apply

Start your research journey by applying for graduate research as a domestic or international candidate.

Why research with us

Join Australia’s leading research university, pushing the boundaries of knowledge.

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Your research options

Discover the types of graduate research we offer, including the Doctor of Philosophy (PhD), Master of Philosophy (MPhil) and masters by research.

Explore our research areas – from arts, humanities and social sciences to veterinary, agricultural and food sciences and learn more about your opportunities  as a graduate researcher, including interdisciplinary and international experiences.

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Your study experience

Discover what life is like as a researcher at Melbourne, including learning on campus, living in Melbourne, and the facilities and services available to you.

Life as a researcher

Support for Indigenous researchers

We encourage and support our Indigenous graduate researchers. Find out about the services and opportunities available to Indigenous applicants and join a close-knit Indigenous research community that shares your culture, challenges and knowledge.

Where could your degree take you?

Engage with industry.

Find out how our graduate researchers can engage with industry.

Entrepreneurial programs

Access a range of entrepreneurial opportunities through the Melbourne Entrepreneurial Centre (MEC).

Commercialising your research

Understanding intellectual property and copyright can be challenging. We're here to help you manage these aspects of your research.

Interdisciplinary research

Challenging current thinking and translating knowledge through unexpected connections.

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Course Finder

Find a course, institution or scholarship in Melbourne or regional Victoria

Doctor of Philosophy (PhD) in Business and Economics

Monash university, course details.

CRICOS course code: 037832K

Level of study: Doctoral Degrees

A PhD in Business and Economics takes the form of the Monash Doctoral Program. The program enables you to complete extensive, independent research on an agreed topic under the supervision of at least two expert academics. Your study will culminate in a written thesis or alternative approved output, which offers a significant contribution to the current body of knowledge in your chosen research area. The research component of your degree is enhanced by a series of coursework units or professional development activities designed to provide you with the skills to make an impact in academia, industry, government or the wider community.

Undertaking a PhD is a chance to push the boundaries of contemporary business practice and have a hand in solving some of the biggest challenges facing industry today.

You will be supported by a minimum of two supervisors throughout your enrolment, both of whom are committed to your success.

Depending on your focus, you will be assigned to one of the following disciplines: Accounting, Banking and Finance, Business Law and Taxation, Health Economics, Econometrics and Business Statistics, Economics, Management, Marketing or Business and Economics.

For details, visit: monash.edu/business/research/graduate-research-program/doctor-of-philosophy/how-to-apply

Click here for more details on this course.

Entry criteria

The minimum qualifications for admission to PhD enrolment are:

a bachelor's degree requiring at least four years of full-time study in a relevant field, and which normally includes a research component in the fourth year, leading to an honours 1 or 2A in a relevant field; a course leading to a level rated by the relevant department, faculty and committee as equivalent to an honours 1 or 2A in a relevant field; a master's degree that entails work, normally including a significant research component, including at least 25% of one full time equivalent year of work, including a thesis. It is normally expected that a grade of honours 2A has been obtained for the research thesis or project. Where ungraded, examiners' reports will be taken into account; or have qualifications which in the opinion of GRC are deemed equivalent.

English entry requirements

IELTS 7.0 overall (no band less than 6.5)

TOEFL (paper-based) : 587+ TWE 4.5

TOEFL 94 + Reading 19, Listening 20, Speaking 20 & Writing 24

Pearson Test of English (Academic): 65 + communicative score 58

Cambridge English: 185 + Writing 185 and no skill below 169

Similar course options

Related scholarships.

Melbourne School of Population and Global Health

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• Melbourne Health Economics

PhD in Health Economics

Find out more about the phd experience from:, michelle tew, xinyang hua, chris schilling, why study a phd with the health economics unit.

We are a world class group of researchers producing cutting-edge research of high quality and impact. We provide a diverse range of research interests . We hold close links with leading clinical research across the Faculty of Medicine, Dentistry and Health Sciences, and other researchers forming part of the University of Melbourne Health Economics Group (UHMEG). The latter draws on those from the Nossal Institute, Melbourne Institute, and Department of Economics. We also work closely with the ISPOR Victorian Student Chapter to provide support to PhD students.

A particular strength of the Health Economics Unit is its collaborative relationship with clinicians and health care providers. This provides an applied lens to our research and access to rich patient datasets and clinical expertise. We have collaborative research projects across the Royal Melbourne Hospital, Royal Women’s Hospital, Murdoch Children’s Research Institute, Royal Children’s Hospital, Peter MacCallum Cancer Hospital, St Vincent’s Hospital, Austin Health, Western Health, Northern Health, Walter and Eliza Institute and Doherty Institute.

We provide an active and growing PhD program with structured mentoring and an active seminar series. A talented and dynamic current PhD cohort provides a great community of support and will enhance your PhD experience. We place a critical emphasis on the development of early career researchers and provide regular training and mentoring sessions. International visitors are regularly hosted and the unit has key collaborations with the University of Oxford, University of Michigan, University of Sheffield, University of Birmingham, University of York and University of Antwerp.

You can find further information about the Doctor of Philosophy - Medicine, Dentistry and Health Sciences here .

PhD opportunities are generally available through supporting application for a University of Melbourne postgraduate scholarship, although additional funds and stipends are sometimes available.  Further information is available here .

We look forward to hearing from you and discussing the opportunity to join our vibrant and talented PhD group.

For further information or to express interest please contact the Health Economics Group at [email protected] .

Associate Professor Kim Dalziel

Head Health Economics Unit Centre for Health Policy

Current higher degree students

Completed phds.

Michelle Tew - Advancing economic evaluation  methods for better medical decision making through real-world longitudinal data , 2020 Xinyang Hua -  Health economics and chronic disease, with a specific focus on diabetes , 2018 Chris Schilling -  Increasing the value from individual-level observational data: practical applications in health economics , 2017 Foruhar Moayeri - Health-related quality of life; chronic obstructive pulmonary disease and smoking , 2016 Rachel Knott - Empirical studies in socioeconomic-related health inequalities , 2015 Thomas Lung - Health economics, simulation modelling and Type 1 diabetes mellitus , 2015

Selected publications

Below are some selected publications of former graduate students undertaken while doing PhDs at the University of Melbourne:

TEW, M., DALZIEL, K ., Thursky, K., Krahn, M., Abrahamyan, L., Morris, A. M., & CLARKE, P . (2021). Excess cost of care associated with sepsis in cancer patients: Results from a population-based case-control matched cohort .  PloS one ,  16 (8), e0255107.

TEW, M., DALZIEL, K., CLARKE, P. , Smith, A., Choong, P. F., & Dowsey, M. (2020). Patient-reported outcome measures (PROMs): can they be used to guide patient-centered care and optimize outcomes in total knee replacement? .  Quality of Life Research ,  29 (12), 3273-3283.

TEW, M., CLARKE, P. , Thursky, K., & DALZIEL, K. (2019). Incorporating future medical costs: Impact on cost-effectiveness analysis in cancer patients .  PharmacoEconomics ,  37 (7), 931-941.

HUA, X., ERREYGERS, G. , Chalmers, J., Laba, T. L., & CLARKE, P. (2017). Using administrative data to look at changes in the level and distribution of out-of-pocket medical expenditure: An example using Medicare data from Australia. Health Policy. Early online.

HUA, X. , McDermott, R., Lung, T., Wenitong, M., TRAN-DUY, A. , Li, M., & CLARKE, P. (2017). Validation and recalibration of the Framingham cardiovascular disease risk models in an Australian Indigenous cohort. European Journal of Preventive Cardiology. [Epub ahead of print].

SCHILLING, C., PETRIE, D ., Dowsey, M. M., Choong, P. F., & CLARKE, P . (2017). The Impact of Regression to the Mean on Economic Evaluation in Quasi‐Experimental Pre–Post Studies: The Example of Total Knee Replacement Using Data from the Osteoarthritis Initiative . Health Economics. Volume 26(12).

MOAYERI, F., HSUEH, Y., CLARKE, P., & DUNT, D. (2016). Do Model-Based Studies in Chronic Obstructive Pulmonary Disease Measure Correct Values of Utility? A Meta-Analysis . Value in Health. Jun;19(4):363-73.

ONG, JJ ., Fairley, CK., Carroll, S., Walker, S., Chen, M., Read, T., ... & CLARKE, P. (2016). Cost-effectiveness of screening for anal cancer using regular digital ano-rectal examinations in men who have sex with men living with HIV . Journal of the International AIDS Society, 19(1).

LUNG, TW. , CLARKE, PM ., Hayes, AJ., Stevens, RJ., & Farmer, A. (2013). Simulating lifetime outcomes associated with complications for people with type 1 diabetes . Pharmacoeconomics, 31(6), 509-518.

KNOTT, R. , Cass, A., Heeley, E., Chalmers, J., Peiris, D., & CLARKE, P . (2012). How fair is Medicare? The income-related distribution of Medicare benefits with special focus on chronic care items . Medical Journal of Australia, 197(11), 625-630.

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Graduate Coursework

Master of Economics

• Arrow-right #1 Business and Economics Australia
• Arrow-right #35 Business and Economics globally
• Course code:   MC-ECO

Course overview

Why study economics at melbourne business school.

• Understand the mechanics of the market: discover the theory, research and principles that drive the markets, and learn to evaluate policy and business decisions.
• Predict future trends:  develop the skills you'll need to grow into a dynamic, future facing career.
• Learn from leading academics:  our renowned academics maintain connections to industry and government.
• Leading reputation:  Melbourne is consistently ranked among the world's top universities for Business and Economics.
• Become part of our global network: With over 60,000 business alumni in over 100 countries, you’re ensuring that you join a valuable network of peers from all business disciplines right from day one.

What is it about?

Melbourne Business School's Master of Economics offers advanced studies in economics and econometrics. You will gain the skills necessary to practice as a professional economist in the public or private sectors.

Graduates of the Master of Economics will have detailed knowledge of the most recent research in the disciplines of economics and econometrics and will have developed the skills needed to make their own contributions to that research. Graduates will leave as critical thinkers in microeconomics, macroeconomics and econometrics. They will develop expertise in:

• Fundamental principals influencing markets and managing organisations
• Evaluating the impact of a variety of cultural and environmental factors on economic policy and business decisions
• Interpreting and critically evaluating articles in economics research literature

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Who is it for?

The Master of Economics is designed for students with prior training in economics or a similar discipline with a strong analytical/mathematical component, who wish to acquire the advanced skills needed to practice as a professional economist in the public or private sectors. The program is also an appropriate foundation for further PhD study.

Related study areas

• Arts, humanities and social sciences
• Business and economics
• Economics, econometrics and analytics
• Mathematics and statistics
• Social and political science