Ph.D Economics Syllabus and Subjects

Duration: 3 Years
Avg Fees: ₹50K - 2 LPA
Kripal Thapa
Kripal Thapa

Updated on - Jan 4, 2023

The PhD in Economics syllabus offers both theoretical and practical knowledge through its core courses and electives. PhD in Economics course syllabus covers topics such as macroeconomics, international trade, international finance, corporate finance, development and growth theory, economic issues and policy, consumer demand theory, theory of production and cost, problems in data collection, and financial derivatives.

Semester Wise PhD Economics Syllabus

PhD programs in Economics last from three to five years. The PhD in Economics syllabus is divided into six to ten semesters with an annual exam. Students studying PhD Economics will also learn the methods and techniques commonly used in economic consultancies.

Students can earn PhD degrees in Economics that meet both their professional and academic needs. Research in Economics is emphasized in the PhD curriculum. Students can download the PhD Economics syllabus PDF online for free. The following is the PhD Economics semester-wise syllabus: 

PhD Economics First Year Syllabus

Semester I

Semester II

International Trade and Development

Economics of the Computer and Information Science

Poverty and Inequality

Health and Education

Rural Development

Environment and Development

Urbanization and Development

Governance and the Political Economy of Development

Labour and Migration

International Macroeconomics


PhD Economics Second Year Syllabus

Semester III

Semester IV

Industrial Economics

Interest Rate Derivative

Political Economy of Development

Role of Financial Intermediaries

Overview of Financial Markets

Macro-Economics Consequences of Financial Imperfections

Modeling the Behaviour with Financial Markets

Advanced Economic Theory

Trading Strategies in Financial Markets

International Trade and Finance


PhD Economics Third Year Syllabus

Semester V

Semester VI

Economics of Planning

Welfare Economics

Public Finance

Economics of Education and Development

Theory of Economic Growth and Technical Progress

Economics of Energy

Development of Economics

Thesis Presentation

Agrarian Development

Comprehensive Viva Voice

PhD Economics Course Subjects 

The curriculum is semester-based to help students become familiar with PhD Economics and build their knowledge. A lab session along with classroom lectures will help students gain experience in advanced options. Electives and academic core subjects are more diverse in the three to five-year program. The following are the PhD in Economics subject list: 

  • Advanced Economic Theory
  • International Trade and Finance
  • Economics of Planning
  • Public Finance
  • Economics of Energy
  • Macro-Economic Consequences of Financial Imperfections
  • Economics of the Computer and Information Science
  • Governance and the Political Economy of Development

PhD Economics Course Structure 

PhD programs in Economics take between three to five years to complete. For a PhD in Economics, the curriculum is divided into six to ten semesters, and the exam is given annually. There are several electives and core courses offered in the PhD program in Economics.

A PhD in Economics will prepare students for greater responsibility in their careers. By the end of the semester, students are required to complete a research project in order to gain theoretical and practical skills. In general, we have the following structure: 

  • VI to X Semesters
  • Core Subjects
  • Elective Subjects
  • Practical Workshops
  • Research Project/Thesis Submission

PhD Economics Teaching Methodology and Techniques 

A PhD program in Economics integrates new technologies into the curriculum. Skills for the workplace can be developed through teaching methodologies. Emerging technologies can be used as alternatives to traditional classroom instruction. In general, the following methods are used in teaching: 

  • Traditional Classroom Method
  • Class Projects
  • Problem Solving Method
  • Inquiry Method
  • Demonstration Method
  • Role Play Method

PhD Economics Projects 

Students pursuing a PhD in Economics have the chance to network with economics consultancies, gaining valuable experience. By the end of the semester, students are required to complete a research project in order to gain practical and theoretical skills. The following are some of the most popular PhD in Economics projects: 

  • Problems of Leadership and Collective Action.
  • In the Making of Economic Decisions, Morality and Social Norms Play a Critical Role.
  • Branches of Global Banks, Financial Stability, and Macroprudential Policy.
  • Computers Vs Humans - Delegation Preferences.

PhD Economics Course Reference Books 

Free PDF versions of the reference books are available in PDF format online for download. Depending on the edition, students in a PhD Economics program may have different coursebooks. After thorough research, reference books are an excellent investment. For students planning on pursuing a PhD course in Economics, the following books would be helpful: 

PhD Economics Books

Name of the Books


The Evolution of Cooperation

Robert M. Axelrod

Good Capitalism, Bad Capitalism, and the Economics of Growth and Prosperity

William J.Baumol, Robert E. Litan and Carl J. Schramm

A Splendid Exchange: How Trade Shaped the World

William J. Bernstein

The Elusive Quest for Growth

William Russell Easterly

Invisible Engines: How Software Platforms Drive Innovation and Transform Industries

David S.Evans, Andrei Hagiu and Richard Schmalesnsee

The Ascent of Money

Niall Ferguson

Economic Gangsters: Corruption, Violence and the Poverty of Nations

Raymond Fisman and Edward Miguel

Capitalism and Freedom

Milton Friedman

The Great Crash of 1929

John Kenneth Galbraith