Economics Subject Group - Management School (ULMS) Funding Call

Reference number: PHD-GTF-ULMS-2022


Reference: PHD-GTF-ULMS-2022

Closing date: 12:00pm, midday, UK time, Friday 25th March 2022

The University of Liverpool Management School is inviting applications from prospective Economics PhD candidates with an outstanding academic achievement and research potential for a number of 4-year GTF Studentships (Graduate Teaching Fellowships) in the 2022/23 academic year.

The Economics Group

The Economics Group produces world-leading applied and theoretical research, with key areas of expertise in Theoretical and Empirical Microeconomics, Macroeconomic analysis and policy, and Statistical modelling using ‘big data’. Find out more about our researchers here.

Our Group publishes in world-leading journals, including the American Economic Review, Econometrica, the Journal of Political Economy, the Quarterly Journal of Economics, and the Review of Economic Studies, and  the Economic Journal. We have built a strong international research network, with our staff collaborating with leading universities and research institutes, such as KU Leuven, Toulouse School of Economics, LSE, UCL, University of Cambridge, Princeton University, University of Pennsylvania, and the Centre for Economic Policy Research (CEPR).

In addition, the group contributes to the solution of significant policy issues with high impact. This includes advice on trade policy, monetary policy and industrial policy in collaboration with local government, and national and international institutions such as the European Commission, the OECD, the Asian Development Bank and various central banks, including the Bank of England, ECB and National Bank of Belgium. The group has also contributed to pioneering reform of microfinance and the development of health policy in India.

4-year Graduate Teaching Fellowships (GTFs) in Economics

The Graduate Teaching Fellowships provide an opportunity for applicants with a Master’s degree (preferably a Distinction grade) in a relevant subject and a strong commitment to research, to combine studying for a PhD in Economics with the acquisition of teaching experience.

Participating in the Scheme will enable GTFs to attain funding for their doctoral research whilst receiving training and mentoring to become rounded academics. In addition to conducting their research, they will have the opportunity to contribute to ULMS’s dynamic research culture and to the delivery of an outstanding learning experience for students in the School.

In year one of the programme, fellows are required to demonstrate progress in developing their research skills and knowledge by completing 4 PhD-level modules in Economics. Further research training opportunities are provided via our partner Universities in the North West Social Science Doctoral Training Partnership. Year one also requires completion of a teacher training programme offered by the University of Liverpool primarily through shadowing and mentored classroom involvement. Successful candidates will be required to complete a total of 300 hours of teaching during their programme, alongside the doctoral research thesis.

GTFs will receive an annual stipend of £15,609 plus a fee waiver and will have access to student support funds in line with the wider doctoral training provision at ULMS. These fellowships are open to all nationalities. Overseas students will receive a fee waiver at the Home rate but a top up payment may be available subject to budget. The maintenance grant for Overseas and Home students is the same amount.

Candidates are expected to contact potential supervisors in the Economics Group before the deadline to explore whether collaboration can be initiated.

We will consider research proposals in most areas of economics. Our group has research expertise in Micro theory, Applied micro (discrimination, labour, health), Macroeconomics (macro policy, macro-finance, international trade), Econometrics, Development, Industrial organization (innovation, internationalization), and Sports economics. A selection of topics and supervisors:

  1. Sports in economic research (Dr Juan de Dios Tena-Horrillo)
  2. Epistemic Foundations for Solution Concepts in Games (Dr Christian Bach)
  3. The Microeconomics of Blockchain (Dr. Olga Gorelkina)
  4. Economic and financial risk of climate change (Dr. Yao Rao)
  5. Economics of Digital platforms (Dr. Jacopo Bregolin)
  6. Central banks, monetary policy, and the macroeconomy (Prof Oliver de Groot)
  7. Economic and Financial Forecasting with Big Data (Dr Ruijun Bu)
  8. Digitization and Market Competition (Dr. Yiquan Gu)
  9. Toxic Assets and Market Freezes (Dr. Alessandro Marchesiani)
  10. Supplier networks in a global economy (Dr. Balazs Murakozy)

How to Apply

Applicants must complete all sections of the University Postgraduate Study Application Form. Applications to be made via the University of Liverpool Apply Online, system, selecting Accounting & Finance as their programme of study:

In the Economics section select funding source Sponsor and insert ‘PHD-GTF-ULMS-2022 studentship’ in the box below. Also include this as the first line of your Personal Statement

Alongside the completed application form and Personal Statement, applicants should submit the following supporting documents:

  • Curriculum Vitae (CV)
  • Two academic reference letters, signed and on letter headed paper
  • University transcripts
  • English Language qualifications

All applicants must have reached a minimum required standard of English language (IELTS 7.0 average overall and a minimum of 6.5 in each component), and, where relevant, are required to provide evidence of this. Qualifications accepted by the University include GCSE English; GCE O level English; AS Level English; A Level English Language; IELTS; Cambridge Proficiency etc. Please refer to the full list here. If you are unsure if your English qualification meets requirements for this Studentship as above then please check with the Research team before applying.

  • Degree certificates
  • Personal statement
  • Research proposal**.

Please give details of your PhD proposal around 2,000 words. References/bibliography should be included within this word limit. The assessment panel will closely assess submitted proposal against these key criteria:

1. Does the study clearly articulate its aim and contribution?

2. Is the proposed methodology consistent with the research aim?

3. Does the study clearly foreshadow its practical ramifications for the key research areas identified above?

4. Is the proposed timeline both feasible and realistic?

The proposal should explain why you would like to undertake this research and your thoughts on the distinct challenges and opportunities it might bring. You can find information on how to write a PhD research proposal here.

Incomplete and/or late applications will not be considered. Please ensure you submit all of the above documents with your application.


Application Process

Closing Date for Applications: 12:00pm, midday, UK time, Friday 25th March 2022

Shortlisted applicants will be invited to an interview: Thursday 14th April 2022

Shortlisted candidates will be interviewed: Week commencing 25th April 2022.


Further Information

If you would like to discuss the studentships further, please contact Dr. Balazs Murakozy (

Informal enquiries can also be directed to the ULMS Research Support Team (


Open to students worldwide

Funding information

Funded studentship

GTFs will receive an annual stipend of £15,609 plus a fee waiver and will have access to student support funds in line with the wider doctoral training provision at ULMS. These fellowships are open to all nationalities. Overseas students will receive a fee waiver at the Home rate but a top up payment may be available subject to budget. The maintenance grant for Overseas and Home students is the same amount.

*Stipend amount of £15,609, for 2021/22 is for guidance purposes only, with stipend for 2022/23 to be advised.