Scholarships & funding opportunities

The Macroeconomic Effects of Implementing the Inclusive Growth Agenda

Fully-funded 3-year PhD Scholarship, in collaboration with the Department of Economics.

  • Number of scholarships 1
  • Value Stipend: £14,652 pa. Fees: Home/EU/RUK Fee waiver
  • Opens 13 December 2016
  • Deadline 31 May 2017
  • Help with Tuition fees, Living costs
  • Duration 36 months


Candidates are required to have:

  • An excellent undergraduate degree with Honours in a relevant business, scientific/technological or social science subject
  • A Masters degree (or equivalent) will be strongly preferred
  • Students may also have other relevant experience or skills which are relevant to this project.
  • Candidates who are not native English speakers will be required to provide evidence for their English skills (such as by IELTS or similar tests that are approved by UKVI, or a degree completed in an English speaking country).

Candidates should be available to take up study in the UK between before March 2018.

*Whilst open to International candidates, please note that this scholarship covers Home/EU/RUK Fee rate only.

Project Details

This PhD studentship will focus on the macroeconomic effects of the inclusive growth agenda. This includes, but is not limited to, living wage, preventative health spending, investment in human capital and distributional aspects of economic growth. The research programme will involve extending multi-sectoral macroeconomic modelling framework (AMOS), to include key elements of inclusive growth.

The Scotland Act (2016) has transferred major new fiscal powers to Edinburgh. Scottish administrations will be responsible for major new policy levers with real consequences for economic development and wellbeing. In the light of these new powers and responsibilities the Scottish Government in Scotland’s Economic Strategy set out an overarching economic growth strategy which aims to not only increase competitiveness but also to promote inclusive growth. The concept of inclusive growth is new and there has been little academic research into its consequences or how it can be delivered.

The objectives of this project are:

  1. The creation of a flexible macroeconomic tool capable of simulating issues related to inclusive growth;
  2. Quantifying system-wide effects of the elements of inclusive growth agenda. The system will automatically track impacts on (aggregate and sectoral) economic activity and the distribution of income, and so will provide quantitative information on any trade-offs or “double dividends”;
  3. Production of high quality evidence useful in identifying macroeconomic consequences across a wide range of potential inclusive growth policy options;
  4. High level and high impact knowledge exchange with key stakeholder groups, including the Scottish Government and Parliament, to enrich the dialog and contribute to the public debate in this area.


Further Information

This project will contribute to the wider research and modelling programme being undertaken by the FAI. It will build on internationally recognised strength of the Institute’s modelling team and add to well established model development.

 As a member of the Scottish Graduate Programme in Economics, the PhD student will have access to the classes that offer the opportunity to deepen his/her knowledge in areas relevant to the PhD. The FAI will also provide the required technical training in economic modelling. There is a collection of training workshops developed over the years by the Institute’s modelling team.

 On top of technical training, the FAI heavily invests in transferable skills. All PhD students have an opportunity to attend international conferences and are quickly integrated into a network of modellers and researchers. PhD students are provided support in learning to present their work to a wide range of audiences – academic, policy and general public. Strong engagement of the Institute into knowledge exchange with various stakeholders provides ample opportunities for networking and establishment of future collaborations.

Supervisory Team:

Professor Graeme Roy, Fraser of Allander Institute, Department of Economics

Dr. Katerina Lisenkova, Fraser of Allander Institute, Department of Economics

How to apply

At this stage, we are inviting applicants to apply for the scholarship only. The successful candidate will then be asked to complete an application for PhD study at Strathclyde. 

All applications should include:

  • a cover letter indicating the candidate's relevant skills/experience and how they can contribute to this research
  • a CV and relevant qualification transcripts.
  • two references (please refer to guidance on references)

    When sending the above documents please use the following file-naming convention: fullname_typeofdocument

    For example,







    Apply now by emailing Dr Katerina Lisenkova with the subject heading 'Inclusive Growth PhD Application'. Please note that incomplete applications or applications with files that do not follow the above format will not be considered.*

*We will keep your details on file to use when any other relevent scholarships arise.