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Course summary

Are you looking to develop a rewarding career as a development economist in the public or private sector? This course will appeal to you if you have a quantitative background. You will develop your understanding of the key issues in economic development, and explore the economic theory and statistical tools you need to analyse policies and assess their impact on economic and human development. You have the option of studying full-time over the course of one year or part-time over the course of two years. The Development Economics MSc will help you:

  • Develop your analytical, quantitative and modelling abilities
  • Develop your knowledge of modern economic theory, at both a micro and macro level
  • Analyse the strengths and weaknesses of the relevant empirical and theoretical research methodology
  • Develop your knowledge of econometric theory and techniques and how they apply to development
  • Critically interpret current research in a combination of fields, namely development, behavioural and experimental economics, financial economics, health economics, macroeconomics, regulation and competition. Should you wish to pursue further study, the dissertation track can also serve as a stepping stone to PhD in Economics.


You will complete 180 credits. This includes taught modules worth 120 credits, plus 60 credits through either of the following paths:

  • Literature Survey: two extra taught elective modules of 15 credits each and a Literature Survey worth 30 credits
  • Dissertation: a 60 credit Economics Research Project.
If you are doing the Dissertation path, the 120 credits taught modules come from:
  • Two core 15-credit modules (Development Economics and The Economics of Micro-Finance),
  • Two core 30-credit modules (Microeconomic Theory and Econometrics)
  • Two electives from the list below (with at most one IPM module, subject to availability).
If you are doing the Literature Survey path, the 150 credits taught modules come from:
  • Two core 15-credit modules (Development Economics and The Economics of Micro-Finance),
- Two core 30-credit modules (Quantitative Methods OR Econometrics and EITHER Business Economics OR Microeconomic Theory),

Assessment method

In this master's in Development Economics, you are taught through a series of lectures that are made available online, as well as through seminars and interactive group work. Lectures introduce key theories, concepts and knowledge which is discussed in seminar groups. Our computer labs give you practical experience of using software to run regressions to analyse models and policies, and perform statistical tests. Econometric methods offers you the chance to apply econometric software to empirical research in development economics. 'Practitioner slots' are incorporated into some modules. This involves external experts and academics delivering research seminars and presentations covering specialist areas. You will be taught by research-active academic staff, graduate teaching assistants and visiting lecturers over two terms from September to June.

Entry requirements

You should have some mathematical background (A-level, IB, AP or any other equivalent secondary school qualification) and an upper second-class undergraduate degree (or equivalent) in one of the following: - Economics or a related discipline (e.g. finance) - Business, Management, Politics, Law, Accounting, Psychology, Quantitative Sociology or Financial Journalism - A quantitative discipline, such as Mathematics, Engineering, Computer Science or a Natural Science Students with a good lower second-class degree in one of the above disciplines may be considered on a case-by-case basis. If English is not your first language you will need the following qualification: - IELTS with an overall score of 6.5 (with a minimum of 6.0 for each sub-test) OR - A first degree from a UK university or an overseas institution recognised by City as providing adequate evidence of proficiency in the English language, for example, from institutions in Australia or the USA. All applicants that require a Student visa must meet the minimum Home Office English Language ability requirements before City can issue the Certificate of Acceptance for Study (CAS) that is needed to apply for a Student visa.

Fees and funding

Tuition fees

EU £9763 Year 1
International £9763 Year 1
England £5861 Year 1
Scotland £5861 Year 1
Wales £5861 Year 1
Northern Ireland £5861 Year 1

Additional fee information

No additional fees or cost information has been supplied for this course, please contact the provider directly.
Development Economics at City, University of London - UCAS