Defence and Peace Economics embraces all aspects of the economics of defence, disarmament, conversion and peace.

Examples include the study of alliances and burden-sharing; military spending in developed and developing nations; arms races; terrorism; country surveys; the impact of disarmament on employment and unemployment; the prospects for conversion and the role of public policy in assisting the transition; the costs and benefits of arms control regimes; the arms trade; economic sanctions; the role of the United Nations.

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