Economic Studies (School of Business), has a reputation for research excellence, having hosted talented academics including the 1991 Economics Nobel Prize winner – Ronald Coase. Research conducted by the department is diverse, but with focus around empirical and policy-oriented content. The department also has a history of good PhD placements. The department participates in the Crieff PhD programme (involving other Scottish Universities).

To read more on their research interests and actives, please visit the School's Research pages.

Research Fields

The department has competence and expertise in the following fields: 

  • Agricultural and Environmental Economics
  • Behavioural Economics and Finance
  • Business and Economic History
  • Health Economics
  • International Trade
  • Labour Economics
  • Macro-Finance 

Who can supervise my thesis?

The school provides you with a first and second supervisor, whose research interests will align with your proposed research. You will be meeting with your supervisors at regular intervals, who will provide useful advice. You are encouraged to check the research interests of potential supervisors and their relevant works before submitting an application. 

Paul Allanson

Professor Allanson research interests lie in the areas of Applied Microeconomics with particular focus on the empirical analysis of welfare and inequality issues to enhance understanding of the distributional implications of economic policies and societal change.  Recent work includes papers on health inequalities, income stratification and farm income mobility.


Allanson, P. (2018) On the Measurement of the Overall Degree of Income Stratification between Groups. Review of Income and Wealth  64, 388-405.

Allanson, P. (2017) Monitoring income-related health differences between regions in Great Britain: A new measure for ordinal health data.  Social Science & Medicine 175, 72-80.


Yu-Fu Chen

Dr Yu-Fu Chen is willing to supervise students in labour and international economics (mostly theoretical).


Chen, Y.F. and Funke, M., (2009) China's new labour contract law: No harm to employment? China Economic Review, 20(3), pp.558-572.

Chen, YF, Funke M, and Moessner R. (2018) Informal oneā€sided target zone model and the Swiss franc. Review of International Economics 26(5), pp.1130-1153.


Grigorios Emvalomatis

Dr Emvalomatis is willing to supervise students in the areas of applied microeconomics, agricultural/environmental economics and public policy, industrial organization, production economics and benchmarking.


Emvalomatis, G. (2012). Adjustment and unobserved heterogeneity in dynamic stochastic frontier models. Journal of Productivity Analysis, 37(1), 7-16.

Emvalomatis, G., Stefanou, S. E., & Lansink, A. O. (2011). A reduced-form model for dynamic efficiency measurement: Application to dairy farms in Germany and the Netherlands. American Journal of Agricultural Economics, 93(1), 161-174.


Omar Feraboli

Dr Omar Feraboli is interested in supervising students mainly in the fields of International Trade Theory and policy and Computable General Equilibrium. His most recent endeavours in Post-Crash economic and heterodox ideas has resulted in a book with Dr Carlo Morelli.


Feraboli, O. and Morelli, C.J. eds., (2017). Post-Crash Economics: Plurality and Heterodox Ideas in Teaching and Research. Springer.


Martin Jones

Dr Jones is willing to supervise students in the area of behavioural finance, experimental economics and teaching philosophies in economics. 


Jones, M. K. (2008). Positive confirmation in rational and irrational learning. Journal of Socio-Economics37(3), 1029. 

Jones, M. (2011). The social epistemology of experimental economics. Economics and Philosophy27(1), 64-69.


Andrzej Kwiatkowski

Dr Kwiatkowski is willing to supervise students in the area of game theory, behavioural economics and textual econometrics.


Kwiatkowski, A. and Shiva, M., (2014). Temper and temperature: the missing link of climate on armed conflicts. No 282. Economic Studies, University of Dundee, 2014.

Kwiatkowski, Andrzej., (2013). Education investment effects of affirmative action policy. Contest game argument. No. 279. Economic Studies, University of Dundee, 2013.


Carlo Morelli

Dr Carlo Morelli welcomes PhD applications from research students wishing to research in one of the two areas of:

  1. Poverty and inequality using longitudinal panel data with a focus upon contemporary anti-poverty policy
  2. Modern UK economic and business history examining the relationship between government and industry after 1945.


Morelli, C. (2018). Regulating the post-independence textile trade: Anglo-Indian tariff negotiations from independence to the Multi-Fibre Arrangement. Business History, 1-14.

Morelli, CJ., and Seaman. PT (2016) The Living Wage: An Economic Geography Based Explanation for a Policy for Equality. Social Policy and Society 15(4), 589-605.


Sudharshan Paramati

Dr Paramati is happy to supervise PhD students in the areas of Financial Market Integration, Energy and Carbon Finance, Sustainable Investments and Financial development and Socio-Economic issues.


Paramati, Sudharshan Reddy, Eduardo Roca, and Rakesh Gupta. (2016) Economic integration and stock market dynamic linkages: evidence in the context of Australia and Asia. Applied Economics 48(44) 4210-4226.

Paramati, S.R., Apergis, N. and Ummalla, M., (2017) Financing clean energy projects through domestic and foreign capital: The role of political cooperation among the EU, the G20 and OECD countries. Energy Economics, 61, pp.62-71.


Dooruj Rambaccussing

Dr Dooruj Rambaccussing is willing to supervise students with interests in financial economics and econometrics, both theoretical and applied. His current research focusses on forecasting with textual econometrics.


Brown, A., Rambaccussing, D., Reade, J.J. and Rossi, G., (2018). Forecasting with social media: evidence from tweets on soccer matches. Economic Inquiry, 56(3), pp.1748-1763.

Davidson, J. and Rambaccussing, D., (2015). A test of the long memory hypothesis based on self-similarity. Journal of Time Series Econometrics, 7(2), pp.115-141.


Bill Russell

Professor Bill Russell is willing to supervise students in the field of empirical macroeconomics. His main research focusses around the modelling of Phillips curve in the presence of structural breaks. He has also supervised students in the area of oil modelling and structural breaks.


Banerjee, A., Cockerell, L. and Russell, B., (2001). An I (2) analysis of inflation and the markup. Journal of Applied Econometrics, 16(3), pp.221-240.

Russell, B. and Rambaccussing, D., (2018). Breaks and the statistical process of inflation: the case of estimating the ‘modern’ long-run Phillips curve. Empirical Economics, pp.1-21.


Yu Zhu

Professor Yu Zhu main research interests include the economics of education, labour economics broadly defined, and applied micro econometrics. The research is usually highly policy relevant, and often involves the use of large scale micro survey or administrative datasets. Two recent publications focus on the impact of university selectivity on graduate earnings in the UK and the returns to UK degrees for foreign-educated graduates.


Walker, I. and Y. Zhu (2018) University selectivity and the relative returns to higher Education: Evidence from the UK. Labour Economics 53, 230-249.

Valbuena, J. and Zhu Y. (2018) The returns to UK degrees for foreign-educated graduates. British Educational Research Journal 44(3), 440–462.


Yin Zhang

Dr Yin Zhang is willing to supervise students on poverty, economic policy and China.


Zhang, Y., & Wan, G. (2008). Correcting China's trade imbalance: monetary means will not suffice. Journal of Policy Modeling, 30(3), 505-521.

Wan, G., & Zhang, Y. (2008). Explaining the poverty difference between inland and coastal China: a regression-based decomposition approach. Review of Development Economics, 12(2), 455-467.

Entry requirements

You should have an honours degree at 2.1 or above, and/or a Masters degree in a relevant discipline.

English language requirements

IELTS (overall)










We also accept other English language qualifications (updated August 2020)

You do not need to prove your knowledge of English if you are a national of certain countries.

Don't meet the English language requirements?

English language programmes

Prepare for university study and benefit from extra English tuition with an English language programme.

PhD fees

Applying for a research degree

Use UCAS Postgraduate to apply for a research degree. Please read the guidance on filling in your UCAS Postgraduate application before proceeding with your application.

Apply here:

PhD opportunities

View PhD Opportunities on the School of Business website

Learn about our Doctoral training programmes


Dr Theresa Dunne
Director of Doctoral Studies, School of Business
 +44 (0)1382 385174