Economics is an area of study that explores topics of wealth, banking, finance, buyer and distributor trends, recessions and more. This subject deals with the production and consumption of goods and services as they relate to individuals, businesses and nations.

Israel has 8 universities and is academically supervised by the Council for Higher Education in Israel. The country is among the countries, which have the high rate of university enrollment in the world. They have a friendly student’s relationship not only to the local students but also to international students.

Requirements for the PhD program often involve the student having already obtained a Master’s degree. Additionally, a thesis or dissertation primarily consisting of original academic research must be submitted. In some countries, this work may even need to be defended in front of a panel.