This course enables you to immerse yourself in rigorous modern economics training – either immediately after an undergraduate degree or as a mid-career professional. You can choose to study full time over the course of one year or part time over the course of two. This course will give you a solid foundation in microeconomics, macroeconomics and econometrics, while exploring modules on finance, regulation, health economics, behavioural economics and development economics. The Economics MSc helps you:
- Develop your critical and analytical abilities in economics Understand modern economic theory, at both a micro and a macro level.
- Analyse the strengths and weaknesses of the relevant empirical and theoretical research methodology Develop your knowledge of econometric theory and techniques.
- Critically interpret current research in fields such as behavioural and experimental economics, financial economics, health economics, macroeconomics, regulation and competition, and development.
- Prepare academically for a career as a professional economist. Should you with to pursue further study, the dissertation track can also serve as a stepping stone to a PhD in Economics.
You will take 120 credits of taught core modules and 60 extra credits through one of the following routes: Literature Survey: select two extra elective taught modules of 15 credits each and a literature review (Economics Literature Survey) worth 30 credits. Dissertation: a 60-credit Economics Research Project. In the dissertation route, you will take four core modules and two elective modules. In the literature survey path, you will take three core modules and five elective modules. Please see our website for full details. It is not possible to give exact hours per week as these can vary from one term to the other, depending on which electives you choose.
You will take 120 credits of taught core modules and 60 extra credits through one of the following routes:
- Literature Survey: select two extra elective taught modules of 15 credits each and a literature review (Economics Literature Survey) worth 30 credits.
- Dissertation: a 60-credit Economics Research Project.
- Two core 30-credit modules (Microeconomic Theory and Econometrics)
- One core 15-credit module (Macroeconomics)
- Three electives.
- Two core 30-credit modules, EITHER Business Economics OR Microeconomic Theory and EITHER Quantitative Methods OR Econometrics
- One core 15-credit module (International Macroeconomics)
- Five electives.
To apply for this course, you should have some mathematical background (A-level, IB, AP or any other equivalent secondary school qualification) and one of the following: - An upper second-class (or equivalent) undergraduate degree in economics or a related discipline (e.g. finance). - An upper second-class undergraduate degree (or equivalent) in Business, Management, Politics, Law, Accounting, Psychology, Quantitative Sociology or Financial Journalism. - An upper-second class (or equivalent) undergraduate degree in a quantitative discipline, such as Mathematics, Engineering, Computer Science or a Natural Science. Students with a good lower second-class undergraduate degree in one of the above disciplines might be considered on a case-by-case basis.All students must also meet the English language requirement for the programme as specified. 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