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Masters Degrees (Welfare Economics)

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The MSc in Health Economics and Econometrics is ideal for new graduates hoping to pursue a career in health economics or for those currently working in the health care sector who wish to develop skills in health economics.  . Read more

The MSc in Health Economics and Econometrics is ideal for new graduates hoping to pursue a career in health economics or for those currently working in the health care sector who wish to develop skills in health economics.  

This programme gives you the opportunity to follow a more econometrics based pathway underpinned by microeconomic theory, while taking the core modules required to study Health Economics (Economic Evaluation and Modelling for Health Care Decision Making). 

The programme is targeted at those with an undergraduate economics-based degree and a desire to obtain a technical training relevant for a career in which these skills can be applied to the health care sector nationally and internationally. With its blend of applied health economic modules and specialist economic modules, the MSc in Health Economics and Econometrics is ideal for individuals wishing to embark on a career as a health economist in industry, the health service or academia. This is an area identified as a priority for the health service and health economists with these skills are in short supply.

Course details

The purpose of this programme is to fully equipped you to utilise, analyse and interpret the big data sets that are increasingly available across health systems in addition to understanding these in the context of health and economic related issues and policy. This programme builds on the strength and experience of the Department of Economics and the Health Economics Unit in providing high quality Masters programmes.

The MSc in Health Economics and Econometrics is hosted by the Health Economics Unit in collaboration with the Department of Economics. This programme incorporates two core modules provided by the Department of Economics (Microeconomics, Econometrics) and four core modules from the MSc Health Economics and Health Policy Programme (Introduction to Health Economics, Economic Evaluation, Statistics II, Modelling for Health Economics) and one relevant policy based optional module.

This programme provides a contrast to the long-established MSc Health Economics and Health Policy programme by providing a greater focus on the underpinning advanced economic theory and econometrics for those students with excellent undergraduate degrees in economics. However it retains the provision of the key skills associated with the conduct of economic evaluation, modelling as well as an exposure to economic policy (expected in many health economic posts).

Learning and teaching

As a Birmingham student, you will be joining the academic elite and will have the privilege of learning from world-leading experts, as well as your peers. From the outset you will be encouraged to become an independent and self-motivated learner. We want you to be challenged and will encourage you to think for yourself. 

On this programme the modules delivered by the Department of Economics are delivered in traditional weekly lectures and classes whilst the modules delivered by the Health Economics Unit are delivered via block sessions of 3 or 5 days. This programme is only suitable for students in full time study. You will participate in a range of teaching styles such as lectures, small group tutorials, presentations, peer group learning, self-study etc. You will have access to a comprehensive support system that will assist and encourage you, including personal tutors and welfare tutors who can help with both academic and welfare issues.

Employability

With its blend of applied health economic modules and specialist economic modules the MSc in Health Economics and Econometrics is ideal for individuals wishing to embark on a career as a health economist in industry, the health service or academia.

Employability from the allied and established MSc in Health Economics and Health Policy has been consistently high. This new programme has been specifically designed to complement the current demand by building on specific skills that are known to be in short supply.

This programme will supplement the standard health economic toolkit of economic evaluation and modelling by helping those with particular technical interests to develop techniques to analyse aspects of the Health Service and the big data sets that are being developed and those which are currently available in health service systems and databases.

Careers Support for Postgraduates 

Careers Network – We can help you get ahead in the job market and develop your career

We recognise that as a postgraduate student you are likely to have specific requirements when it comes to planning for your next career step. Employers expect postgraduates to have a range of skills that exceed their subject knowledge. Careers Network offers a range of events and support services that are designed for all students, including postgraduates looking to find their niche in the job market. The Careers Network also have subject specific careers consultants and advisers for each College so you can be assured the information you receive will be relevant to your subject area. For more information visit the Careers Network website.



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Who is it for?. The demand for specialists in health economics continues to increase. Whether you have a quantitative, sciences’ or economics background, the MSC in Economic Evaluation in Healthcare is designed to help you meet that demand. Read more

Who is it for?

The demand for specialists in health economics continues to increase. Whether you have a quantitative, sciences’ or economics background, the MSC in Economic Evaluation in Healthcare is designed to help you meet that demand.

From economic evaluation, health economics and quantitative methods to welfare economics and epidemiology, this course will give you the expertise to pursue a rewarding career in health economics.

Objectives

This course has been designed to meet the demand for health economics’ quantitative and analytical skills for decision-making in the healthcare sector.

The Economic Evaluation in Healthcare MSc helps you:

  • Develop your analytical and modelling abilities.
  • Understand the background and theoretical foundations of health economics.
  • Recognise the conceptual bases for economic evaluation and advanced quantitative methods relevant to healthcare decision-making.
  • Gain the skills and the experience you need to work as a health economist.

The Department of Economics hosts both the City Health Economics Centre (CHEC) and the London Health Economics Group (LHEG)

Placements

Placements provide you with a unique opportunity to apply the skills you have learned during the MSc and acquire experience in the workplace.

Companies and organisations are invited to meet with you and propose subjects for your dissertation, which will be done during a placement. Organisations and students liaise directly with the approval of the academic supervisor.

Our students secure placements with a wide range of companies, such as:

  • Boehringer Ingelheim
  • Janssen-Cilag
  • Eli Lilly
  • Campbell Alliance
  • Office of Health Economics
  • Otsuka
  • Celgene
  • Curo
  • IMS Health
  • And many others.

Academic facilities

As a Master’s student at City, you will benefit from state-of-the art student-geared facilities, including a bright new gym and meeting points. Most importantly, you will benefit from City’s central London location.

Teaching and learning

The course is taught by research-active academic staff, teaching assistants, and industry speakers and visiting lecturers.

We have also invited speakers to present specialised topics in Health Economics.

Assessments are typically a combination of unseen written examinations (70% for each module) and coursework (30% for each module), but this can vary by module.

About two-thirds of our students secure a placement at a firm. The placement is used to learn about the sector while writing the dissertation.

Pre-sessionals

Pre-sessional activities covering Statistics, Microeconomics, Stata, Excel and Mathematics run in September before the start of term. These are available for all students who secure a place on the MSc Economic Evaluation and Healthcare course. Pre-sessionals are included in your degree fee and are designed to prepare you for the course. We therefore strongly encourage you to make every effort to attend. Dates of the sessions are as follows:

  • Statistics – date TBC
  • Mathematics – date TBC
  • Stata – date TBC
  • Excel – date TBC
  • Microeconomics – date TBC

Please note that you are not required to register for the above pre-sessionals, you just need to turn up on the day. Further information, such as the exact times and locations, will be provided in your induction schedule.

Full-time and part-time assessment

The teaching takes place over two terms, from September to June.

Full-time students take 20 weeks of lectures, plus dissertation and examination periods over one year.

Full-time students who pass all the taught modules during the main exam sessions will finish the programme at the end of September, when they submit their dissertation.

Full-time students who successfully complete the taught modules in the August re-sit exam session will submit their dissertation in December.

Part-time students take 20 weeks of lectures, plus dissertation and examination periods spread over one year and three months.

Part-time students complete all modules over the course of four terms, from September to June, before undertaking their dissertation.

Part-time students who successfully pass all the taught modules during the main exam sessions will finish the programme in December, when they submit their dissertation. Part-time students who successfully pass all the taught modules in August submit in March of the following year.

Modules

You will complete 180 credits. This includes modules worth 120 credits (one module worth 30 credits and six modules worth 15 credits). The research project is worth 60 credits.

Each module typically has a weekly two-hour lecture and a one-hour tutorial, but this may vary.

This course is taught on Thursdays and Fridays only. A full-time student can expect to spend all day Thursday and Friday at City, for 10 or 11 weeks in the Autumn term and the Spring term.

Please note: it is not possible to give an exact indication of hours per week, as these can vary from one term to the other, depending on which electives you choose.

Part one: route core module

You will take Quantitative Methods and Economic Evaluation on Thursdays during the first term and Health Economics and Advanced Economic Evaluation on Thursdays during the second term.

You will take Epidemiology on Fridays during the first term and Welfare Economics and Economic Evaluation Workshops (Modelling) on Fridays during the second term.

Part-time students will take only what is taught on Thursdays during the first year and what is taught on Fridays during the second year.

  • Quantitative methods (Health) (30 credits)
  • Advanced Economic Evaluation in Health Care (15 credits)
  • Economic evaluation (15 credits)
  • Economic evaluation workshops (15 credits)
  • Welfare economics (15 credits)
  • Epidemiology (15 credits)
  • Health Economics (15 credits)

Part two: route core module

  • Economics research project (60 credits)

Career prospects

This MSc prepares you for a wide range of career opportunities in economic consultancies, think-tanks, the pharmaceutical industry, professional associations, governmental bodies and non-governmental organisations. It will also enable you to explore teaching and research positions in academic institutions.

Our MSc Economic Evaluation and Healthcare graduates have gone on to work for companies such as:

  • Abacus International
  • NICE
  • Optum
  • IMS Health
  • Research International
  • NHS
  • Kovis
  • Eli-Lilly
  • OHE
  • United Nations
  • Fidelity
  • Oxford Outcomes
  • Gallaher
  • Johnson&Johnson
  • Novo Nordisk
  • Synovate
  • Tomtah

The MSc also provides a solid academic foundation for students wishing to pursue doctoral research in economics. Our Master’s graduates have pursued PhDs at UCL, York, City, University of London and Warwick.



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The Economics and Finance MSc programme is designed to provide an education in advanced economic and finance theory and quantitative methods, while allowing you to specialise or take options in a range of subjects reflecting the School’s main areas of research expertise in finance. Read more
The Economics and Finance MSc programme is designed to provide an education in advanced economic and finance theory and quantitative methods, while allowing you to specialise or take options in a range of subjects reflecting the School’s main areas of research expertise in finance. It prepares you for work as a professional economist in the financial and banking sectors, public sector and international organisations.

All of our MSc degrees equip you with a range of quantitative and analytical skills, and the ability to communicate complex economic concepts in a clear and concise style. Our programmes not only offer a stimulating education in economic theory but also develop your ability to apply economic knowledge, analytical tools and skills to a range of national and international problems in the areas of finance, development, agriculture and the environment.

Visit the website https://www.kent.ac.uk/courses/postgraduate/200/economics-and-finance

Course structure

The Economics and Finance MSc is studied over one year full-time or two years part-time and is divided into two stages: eight taught modules (six of which are compulsory) and a dissertation.

There are compulosry modules in Financial Economics: Capital Market Instruments, Financial Economics and Asset Pricing, Advanced Macroeconomics, Econometric Methods, Time Series Econometrics and Research Methods. These modules build upon students’ existing knowledge, understanding and skills.

Students develop a deeper understanding of economic and finance theory, quantitative and research methods, and policy applications. The teaching and learning of skills are carefully integrated into the structure of the modules and degree programme. The final two modules are chosen from a range of options based upon the finance research interests of our academic staff.

All of our MSc programmes require some mathematical analysis, and we recognise that students have widely differing backgrounds in mathematics. The first week of all our MSc programmes includes compulsory intensive teaching in mathematics, refreshing and improving your skills in order to equip you with the techniques you will need for the rest of the programme.

Students who successfully pass the taught element of the programme proceed to the dissertation stage where you undertake a supervised project of your choice on an Economics/Finance topic.

Advice on choice of dissertation topic and management is given during the taught stage of the programme. The dissertation stage develops students’ research skills and follows on from the Research Methods module. Student dissertations are supervised by academic staff.

Modules

The following modules are indicative of those offered on this programme. This list is based on the current curriculum and may change year to year in response to new curriculum developments and innovation. Most programmes will require you to study a combination of compulsory and optional modules. You may also have the option to take modules from other programmes so that you may customise your programme and explore other subject areas that interest you.

EC805 - Advanced Macroeconomics I (15 credits)
EC817 - Research Methods (15 credits)
EC820 - Time Series Econometrics (15 credits)
EC821 - Econometric Methods (15 credits)
EC822 - Financial Economics: Capital Market Instruments (15 credits)
EC824 - Financial Economics and Asset Pricing (15 credits)
EC815 - Growth and Development Theory (15 credits)
EC816 - International Finance (15 credits)
EC802 - Advanced Microeconomics of Consumers, Marketsand Welfare (15 credits)
EC803 - Trade and Development (15 credits)

Assessment

Assessment is through a wide variety of methods including seminar presentations, extended essays, short projects, in-class tests, examinations, and the dissertation.

Programme aims

This programme aims to:

- provide a stimulating education in the principles of economics and finance, and their application, in which high-quality teaching motivates you to achieve your full potential. The teaching is informed by the research and scholarship of our teaching staff

- build on your existing knowledge, abilities and skills and develop a deeper understanding of economic and financial theory, econometrics, financial econometrics and quantitative techniques and policy applications to specific areas

- provide options to enable you to study selected areas of economics and finance in depth

- develop your ability to apply economic and financial knowledge, analytical tools and skills in a range of theoretical, applied and policy problems

- develop your independent research skills and prepare you for work as a professional in the fields of economics and finance or related areas

- provide you with information and advice on future employment and further postgraduate study.

Research areas

Labour and education economics
Staff research includes work in the areas of wage distributions, skills and job quality, education, migration and trade.

Macroeconomics, money and finance
Staff research in this area includes: macroeconometric theory; monetary policy; financial markets and macroeconomic performance growth theory and international macroeconomics; theoretical models of business cycles, labour market search and financial sources of economic fluctuations; DSGE models; growth theory and empirics.

Microeconomic theory, games and behaviour
Research interests cover public economics especially tax policy; gambling and uncertainty; international trade and government procurement; health economics; public goods; leadership in co-ordination games; industrial organisation; theoretic modelling; economic history.

Development economics
Research interests include work on growth; trade; the balance of payments; different aspects of migration and remittances on growth; applied studies focusing on particular developing countries.

Agri-environmental economics
Research interests cover non-market valuation, food safety, information economics applied to environmental problems, design and evaluation of agri-environmental policies, biodiversity, agricultural productivity, European agricultural policy, agricultural trade policy.

Transport and regional economics
Research strengths are the regional impact of transport investments; the economic evaluation of infrastructure; regulation and alternative funding models; the economics of public-private partnerships.

Careers

Kent has an excellent record for postgraduate employment: over 96% of our postgraduate students who graduated in 2014 found a job or further study opportunity within six months.

A postgraduate degree in the area of economics is a particularly valuable and flexible qualification that can open the door to exciting careers in many professions. Our graduates have gone on to work as economists in international organisations, the financial sector, business, UK and overseas governments, and to further postgraduate training and academic careers at Kent, UK and overseas universities. Recent MSc graduates have gone on to work for companies in the UK such as BNP Paribas, AXA, FactSet and PwC.

The School's employability officers and the University's Careers and Employability Service are available throughout the year to offer one-to-one advice and help on all aspects of employability at any stage in your postgraduate studies. We also offer online advice on employability skills, career choices, applications and interview skills.

Find out how to apply here - https://www.kent.ac.uk/courses/postgraduate/apply/

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Who is it for?. The course is suitable for recent graduates in economics, psychology and related social science or quantitative disciplines who are looking to develop a career in the fast-paced world of behavioural economics, either in the public or private sector. Read more

Who is it for?

The course is suitable for recent graduates in economics, psychology and related social science or quantitative disciplines who are looking to develop a career in the fast-paced world of behavioural economics, either in the public or private sector.

As the course is offered in full-time and part-time modes, it is also suited to professionals who want to enhance their theoretical knowledge and practical skills and would benefit from an academic environment.

Objectives

Behavioural economics applies psychological insights into human behaviour to investigate how people make economic decisions under various conditions of constraint (e.g. time and knowledge) and influence (e.g. social pressure). This is an important field in modern economics, and the social sciences more generally.

Commercial organisations have long known the limitations of individual decision making and they routinely use this knowledge in their commercial practices (e.g. anchoring effect of minimum payment on credit cards). The practical implications of behavioural economics are varied and significant, and acknowledged to provide a powerful and cost-effective approach to improving human welfare.

The Behavioural Economics MSc will develop your skills and knowledge to prepare you for a wide variety of roles in the private or public sector that require a solid understanding of human behaviour.

Teaching and learning

The modules are taught by lecturers from the economics and psychology department with research interests in behavioural economics.

In each module you will receive typically 30 hours of face-to-face contact, supported by online resources (e.g., videos and advanced readings provided on the learning platform Moodle) for your self-directed study. You will be required to take responsibility for your own learning and to take advantage of the learning opportunities offered (e.g., invited speakers programme and online resources). The learning and teaching strategies for each module will expose you to a range of methods, comprising: lectures, guest lectures, seminars, group work, workshops, small group discussions, tutorials, reflective reports and research project supervision.

Assessment

In order to assess your full range of learning, you will complete reflective reports, essays, examinations, interpretation of statistical analyses, formal research proposals and a research dissertation. Most individual modules are assessed by a combination of coursework and examinations. In addition, you will be directed to independent study and receive detailed feedback on your coursework as an aid to your further learning. These different forms of assessment have the aim of assessing your knowledge, skills and appreciation in different areas of behavioural economics (e.g., theoretical knowledge and applied aspects of behavioural techniques).

Modules

Full-time students take four modules in each of the first two terms, followed by a written research dissertation in the third term.

Most of the modules are structured as a combination of two-hour lectures (to present information) and one-hour seminars or clinics (to understand and assimilate lecture material) or lab sessions. Teaching and learning is enhanced by technology-supported resources, and teaching staff are available for one-to-one interaction and feedback.

It is expected that full-time students will spend about three hours in lectures/seminars plus self-directed, independent study hours for each module per week. You should also expect to attend seminars given by invited speakers and seminars on dissertation writing (about one to two hours per week).

Your workload might vary from week to week.

Term 1

  • Principles of Economics
  • Cognitive and Economic Science of Rational Choice
  • Psychological Processes: Individual and Social
  • Behavioural Research Methods: Design and Analysis

Term 2

  • Experimental Economics and Game Theory
  • Fundamentals of Cognitive Science
  • Applied Econometric and Psychological Research Methods
  • Professional Aspects of Behavioural Economics

Term 3

Research Dissertation

Students with a strong background in Economics may substitute 'Principles of Economics' with a microeconomics module from one of the MSc programmes offered by the Department of Economics. You may also substitute an appropriate elective from one of the MSc modules offered by the Department of Economics for 'Professional Aspects of Behavioural Economics' - this will allow a pathway through the programme that is focused on theoretical and research economic themes.

Career prospects

Whilst there is not yet a specific occupation of 'behavioural economist', the knowledge and skills acquired are highly valuable in a range of sectors:

  • Economic consultants undertaking marketing activities
  • Health economics consultants developing sales/markets for products (from branded medicines to health insurance schemes)
  • Public policy specialist who advises on the choice architecture of decision making (e.g., transport decisions)
  • Political campaigns and public relations more generally
  • General marketing, sales and consumer psychology (preferences, sensitivity to incentives, and default behaviour)
  • Brand awareness consultancies
  • Financial trading and risk assessment
  • Internet auction companies
  • Design consultancies (e.g. websites)
  • In large international institutions, e.g. World Bank, EBRD, Central Banks etc.

City’s Behavioural Economics postgraduate course would be especially valuable for professionals who already work in occupations which involve the need to understand the scientific dynamics of human decision making and behaviour (e.g., financial traders who require the right psychological attitude as much as appropriate strategy knowledge).



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This two year programme provides rigorous mathematical training in modern economics. It will equip you with a thorough understanding of the research tools and techniques, both theoretical and empirical, required for the analysis of economics. Read more

This two year programme provides rigorous mathematical training in modern economics. It will equip you with a thorough understanding of the research tools and techniques, both theoretical and empirical, required for the analysis of economics.

Why this programme

  • This MRes is distinctive in its two year programme structure and will provide you with comprehensive foundational training in economics. It is modelled on the established tradition of US universities providing thorough PhD preparation.
  • It is ideally suited if you have a quantitative background, but limited exposure to economic ideas, or if you have a background in economics and are interested in developing this knowledge in line with the current standards of economics research.
  • It includes extensive training in qualitative research methods of mathematics, statistics and econometrics, as well as the mathematical treatment of the core areas of economics.
  • Our staff members are research-active economists, who publish regularly in leading professional journals such as Econometrica, Theoretical Economics, the Economic Journal, and the Review of Economic Dynamics.
  • You will have the opportunity to join the Economics Group, which is a vibrant postgraduate research community that runs a series of seminars dedicated to different subjects within economics. The group also hosts workshops and conferences, and attracts international research visitors of world-leading quality. 

Programme structure

During the first two weeks you will take a pre-sessional mathematics course. This ensures that you all begin the programme on the same mathematical footing. In year one you will receive comprehensive research-oriented training in research methods and the core areas of economics. You will also receive advanced training in research design and complete an independent summer research project under academic supervision.

After year one of this programme you will have the option to graduate with an MSc Quantitative Economics, or continue to year two which will focus on the specialised fields of applied Economics; preparing you for your PhD. In year two you will take optional courses in your chosen subfield of specialisation, as well as work on a dissertation that will lead to your PhD proposal, should you decide to proceed further onto a PhD in Economics. Teaching will be in the format of lectures, tutorials and seminars, with work on research projects. 

Core courses

  • Econometrics
  • Macroeconomics 1
  • Macroeconomics 2
  • Microeconomics 1
  • Microeconomics 2
  • Quantitative methods. 

Optional courses may include

  • Behavioural economics
  • Contract theory
  • Decision theory
  • Economic growth: Theory and numerical solution methods
  • Game theory
  • Industrial organisation
  • International macroeconomics
  • Market microstructure
  • Methods of economic dynamics
  • Microfoundations of macroeconomics
  • Networks and games
  • Time series analysis
  • Welfare and mechanism design.

Career prospects

This programme provides you with thorough preparation for PhD research, and completion at a sufficiently high level guarantees admission into the Glasgow Economics PhD programme. You will also be extremely well-positioned to be accepted for PhD study in other universities. Upon completion of the programme you will be equipped to pursue careers in academia, government, industry or consulting. We have a dedicated careers and employability team who provide 1-2-1 support and advice, group workshops, employer events on campus and networking opportunities throughout the year to help you with your career prospects.



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The Masters in Economics comprehensively covers the core areas of microeconomics, macroeconomics and econometrics. Our graduates are not only well-trained technically in these areas, but are capable of bringing their analytical strengths to bear on applied issues. Read more

The Masters in Economics comprehensively covers the core areas of microeconomics, macroeconomics and econometrics. Our graduates are not only well-trained technically in these areas, but are capable of bringing their analytical strengths to bear on applied issues.

The programme includes training in research methodology which provides you with the skills needed to undertake independent research in economics and complete your dissertation.

The range of elective modules allows you to tailor your education. These modules encapsulate the broad range of academic expertise and active research interests within the School.

Programme structure

This programme is studied full-time over one academic year and part-time over two academic years. It consists of eight taught modules and a dissertation.

Example module listing

The following modules are indicative, reflecting the information available at the time of publication. Please note that not all modules described are compulsory and may be subject to teaching availability and/or student demand.

Educational aims of the programme

The primary aims of the programme are to:

  • Enable and encourage students to develop their capacity for learning and communication within an open, scholarly, environment
  • Develop an appreciation of economics, both as an intellectual discipline and as an important contributor to an understanding of the world in ways which are of practical significance
  • Prepare students for a range of careers and other activities in which independent thought and analysis, as well as effective communication, can contribute to an improvement in social and economic welfare
  • Enable better performing students completing an MSc programme to progress either to further postgraduate research or to a career as a professional economist
  • Provide an opportunity for students to apply and demonstrate a range of skills, including the capacity for independent study, through the completion of an MSc dissertation

Programme learning outcomes

The programme provides opportunities for students to develop and demonstrate knowledge and understanding, skills, qualities and other attributes in the following areas:

Knowledge and understanding

  • An advanced understanding of the core principles in microeconomics, macroeconomics and econometrics
  • An understanding of the techniques which have been used in contemporary economic research
  • Critical awareness of current and advanced problems and new insights in economics
  • An understanding of different methodologies and an ability to choose amongst these as required by particular problems

Intellectual / cognitive skills

  • An ability to combine relevant theory and analytical techniques with insightful data analysis to produce convincing explanations of economic phenomena
  • The skills necessary to comprehend published economic research papers, and to integrate the implications of published research in their own studies

Professional practical skills

  • An ability to select appropriate techniques to evaluate policy interventions
  • The ability to formulate a plan for specific individual research which would further existing knowledge
  • The ability to communicate the results of independent research in the form of a dissertation

Key / transferable skills

  • General skills, such as literacy, numerical, IT and computing
  • Interpersonal skills, such as communication

Scholarships

The Ting Memorial Prize

A prize of £100, established in memory of Mr Check Yew Ting who died in 1979 while studying on the MSc Economics Course, awarded to the student with the best overall performance in Economics on the Masters degree course.

Global opportunities

We often give our students the opportunity to acquire international experience during their degrees by taking advantage of our exchange agreements with overseas universities.

In addition to the hugely enjoyable and satisfying experience, time spent abroad adds a distinctive element to your CV.



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The Economics and Econometrics MSc programme offers a thorough training in advanced economic and econometric theory and quantitative methods, while allowing students to specialise or take options in a range of subjects reflecting the School’s main areas of research expertise. Read more
The Economics and Econometrics MSc programme offers a thorough training in advanced economic and econometric theory and quantitative methods, while allowing students to specialise or take options in a range of subjects reflecting the School’s main areas of research expertise.

Building on a sound general training in econometric methods, the project-oriented compulsory modules in time series econometrics and applied microeconometrics introduce you to the theory and practice of econometric modelling. The programme is one of the few courses in the UK to offer specialist training in advanced econometric methods and their application. Economists with quantitative skills and experience in empirical research are in high demand in both the private and public sector.

All of our MSc degrees equip you with a range of quantitative and analytical skills, and the ability to communicate complex economic concepts in a clear and concise style. Our programmes not only offer a stimulating education in economic theory, but also develop your ability to apply economic knowledge, analytical tools and skills to a range of national and international problems in the areas of finance, development, agriculture and the environment.

Visit the website https://www.kent.ac.uk/courses/postgraduate/198/economics-and-econometrics

Course structure

The Economics and Econometrics MSc is studied over one year full-time or two years part-time and is divided into two stages: eight taught modules (six of which are compulsory) and a dissertation.

There are compulsory modules in Microeconomics, Macroeconomics, Econometric Methods and a single module in Research Methods. There are a further two core econometrics modules: Time Series Econometrics and Applied Microeconometrics. The core modules build upon students’ existing knowledge, understanding and skills. Students develop a deeper understanding of economic and econometric theory, quantitative and research methods, and policy applications. The teaching and learning of skills are carefully integrated into the structure of the modules and degree programme. The final two modules are chosen from a range of options based upon the research interests of members of staff.

All of our MSc programmes require some mathematical analysis, and we recognise that students have widely differing backgrounds in mathematics. The first week of all our MSc programmes includes compulsory intensive teaching in mathematics, refreshing and improving your skills in order to equip you with the techniques you will need for the rest of the programme.

Students who successfully pass the taught element of the programme, proceed to the dissertation stage, where you undertake a supervised project of your choice on an Economics/Economics topic. Advice on choice of dissertation topic and management is given during the taught stage of the programme. The dissertation stage develops students’ research skills and follows on from the Research Methods module. Student dissertations are supervised by academic staff.

Modules

The following modules are indicative of those offered on this programme. This list is based on the current curriculum and may change year to year in response to new curriculum developments and innovation. Most programmes will require you to study a combination of compulsory and optional modules. You may also have the option to take modules from other programmes so that you may customise your programme and explore other subject areas that interest you.

EC805 - Advanced Macroeconomics I (15 credits)
EC817 - Research Methods (15 credits)
EC820 - Time Series Econometrics (15 credits)
EC821 - Econometric Methods (15 credits)
EC825 - Applied Microeconometrics (15 credits)
EC802 - Advanced Microeconomics of Consumers, Marketsand Welfare (15 credits)
EC803 - Trade and Development (15 credits)
EC829 - Environmental Valuation (15 credits)
EC832 - Political Economy of Public Policy (15 credits)
EC834 - Environmental and Resource Economics and Policy (15 credits)
EC822 - Financial Economics: Capital Market Instruments (15 credits)
EC824 - Financial Economics and Asset Pricing (15 credits)
EC806 - Advanced Microeconomics of Games and Information (15 credits)
EC815 - Growth and Development Theory (15 credits)
EC816 - International Finance (15 credits)

Assessment

Assessment is through a wide variety of methods including seminar presentations, extended essays, short projects, in-class tests, examinations, and the dissertation.

Programme aims

This programme aims to:

- provide a stimulating education in the principles of economics and econometrics, and their application, in which high-quality teaching motivates you to achieve your full potential. The teaching is informed by the research and scholarship of our teaching staff

- build on your existing knowledge, abilities and skills and develop a deeper understanding of economic and econometric theory, econometric and quantitative techniques and policy applications to specific areas

- provide options to enable you to study selected areas of economics and econometrics in depth

- develop your ability to apply economic and econometric knowledge, analytical tools and skills in a range of theoretical, applied and policy problems

- develop your independent research skills and prepare you for work as a professional economist/econometrician or in an area related to economics and/or econometrics

- provide you with information and advice on future employment and further postgraduate study.

Careers

Kent has an excellent record for postgraduate employment: over 96% of our postgraduate students who graduated in 2014 found a job or further study opportunity within six months.

A postgraduate degree in the area of economics is a particularly valuable and flexible qualification that can open the door to exciting careers in many professions. Our graduates have gone on to work as economists in international organisations, the financial sector, business, UK and overseas governments, and to further postgraduate training and academic careers at Kent, UK and overseas universities. Recent MSc graduates have gone on to work for companies in the UK such as BNP Paribas, AXA, FactSet and PwC.

The School's employability officers and the University's Careers and Employability Service are available throughout the year to offer one-to-one advice and help on all aspects of employability at any stage in your postgraduate studies. We also offer online advice on employability skills, career choices, applications and interview skills.

Find out how to apply here - https://www.kent.ac.uk/courses/postgraduate/apply/

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Aimed at health care professionals and managers, as well as new graduates, this programme provides an introduction to the central issues in health economics and health policy involved in the management of primary health care. Read more

Aimed at health care professionals and managers, as well as new graduates, this programme provides an introduction to the central issues in health economics and health policy involved in the management of primary health care.

Course details

This programme is suitable for people currently working in the health care sector (in both the public and private sectors, including the pharmaceutical industry) who wish to improve their understanding of and skills in health economics. It may also be of interest to new graduates who wish to pursue a career in health economics and/or health services research. 

The course does not require a first degree in economics. Students who do have a first degree in economics may be interested in our MSc in Health Economics and Econometrics.

Learning and teaching

As a Birmingham student, you will be joining the academic elite and will have the privilege of learning from world-leading experts, as well as your peers. From the outset you will be encouraged to become an independent and self-motivated learner. We want you to be challenged and will encourage you to think for yourself.

This programme is delivered via block sessions of 3 or 5 days. You will participate in a range of teaching styles such as lectures, small group tutorials, presentations, peer group learning, self-study etc.

You will have access to a comprehensive support system that will assist and encourage you, including personal tutors and welfare tutors who can help with both academic and welfare issues.

Employability

You may be wondering what you can go on to do with an MSc in Health Economics and Health Policy. The following articles will give you some idea of the variety of fields you can go into with this qualification.

To see some of our students and staff talking about the programme please visit our Virtual Open Day platform where you can access the videos.

These alumni profiles will give you an idea of what our students have gone on to after studying on the MSc Health Economics and Health Policy programme. 

Bill Malcolm - Alumnus

Shola Bolaji - Alumnus

Ross Maconachie - Alumnus

Careers Support for Postgraduates 

Careers Network – We can help you get ahead in the job market and develop your career

We recognise that as a postgraduate student you are likely to have specific requirements when it comes to planning for your next career step. Employers expect postgraduates to have a range of skills that exceed their subject knowledge. Careers Network offers a range of events and support services that are designed for all students, including postgraduates looking to find their niche in the job market. The Careers Network also have subject specific careers consultants and advisers for each College so you can be assured the information you receive will be relevant to your subject area. For more information visit the Careers Network website.



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How should trade be managed to promote both social welfare and the interests of workers and firms? How should merger policy be managed to balance the interests of merging firms and others that share the industry? How should financial markets and financial instruments be designed to promote economic stability and growth?. Read more
How should trade be managed to promote both social welfare and the interests of workers and firms? How should merger policy be managed to balance the interests of merging firms and others that share the industry? How should financial markets and financial instruments be designed to promote economic stability and growth?

If your first degree isn’t in economics, or your economics training doesn’t provide sufficient experience for our MSc courses, MA Economics may be for you.

At Essex we push the frontiers of accepted wisdom, critically examining the decisions of individuals, the strategies of firms, and the policies of governments to understand and challenge the standard paradigms of economics. On this course, you build a thorough understanding of the key areas of economics through studying these topics:
-Strategic behaviour, public choice, fiscal and monetary policy, theories of growth
-Modern theory and methods with application to policy
-Formal economic arguments, and the role of equilibrium
-Econometric methods

We teach you the essentials of micro- and macroeconomics and econometric methods. You also have the option to explore a set of selected topics in economics to hone your skills, such as Management Economics and Market Analysis, International Trade and Financial Economics.

For your dissertation, you apply these skills to create an original piece of research. If you need it, we support you in maths through pre-sessional and co-curricular support. If you’d like to develop your knowledge further at Essex, we offer a range of other advanced courses inside and outside economics that complement this course.

We are top 5 in the UK for research, with over 90% of our research rated as “world-leading” or “internationally excellent”. Much of this world-class research is related to policy, and we have research strengths in a number of areas.

The quality of our work is reflected in our stream of publications in high-profile academic journals, including American Economic Review, Econometrica, and Review of Economic Studies.

Professional accreditation

Our University is one of only 21 ESRC-accredited Doctoral Training Centres in the UK.

This means that our course can form part of a prestigious 1+3 funding opportunity worth up to £21,575.

Our expert staff

Study and work alongside some of the most prominent economists.

Our researchers are at the forefront of their field and have even received MBEs, with students coming from across the globe to study, research or work with us.

Many of our researchers also provide consultancy services to businesses in London and other major financial centres, helping us to develop research for today's society as well as informing our teaching for the future.

Specialist facilities

Take advantage of our wide range of learning resources to assist you in your studies:
-Extensive software for quantitative analysis is available in all computer labs across the university
-Access a variety of economics databases and multiple copies of textbooks and e-books in the Albert Sloman Library

Your future

After completing your masters, you may wish to extend your knowledge with a research degree –many Essex graduates decide to stay here for further study.

Alternatively, our course also helps prepare you for employment; recent surveys have shown that higher degree graduates are more likely to obtain jobs at professional or managerial level.

Our recent Master’s level Economics graduates have gone on to work for a range of high-profile organisations:
-The Ministry of Finance
-HM Treasury
-The Work Foundation
-Fitch Ratings
-Schroders Investment Management

More generally, our graduates have found employment in roles such as business and financial analysts, management consultants, government officials, and economists for banks and other financial organisations.

We also work with the University’s Employability and Careers Centre to help you find out about further work experience, internships, placements, and voluntary opportunities.

Example structure

-Macroeconomics (Intermediate)
-Microeconomics (Intermediate)
-Introduction to Econometric Methods
-Dissertation
-Market Structure and Strategic Behaviour (optional)
-International Trade (optional)
-Economic Analysis of Asset Prices (optional)
-Economics of Financial Markets (optional)
-Theory of Industrial Organisation (optional)
-International Trade (optional)

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Do you want a career which can change people’s lives? With the focus on social welfare and social policy issues in the local, national and international context, our course will give you the skills and understanding to really make a difference. Read more
Do you want a career which can change people’s lives? With the focus on social welfare and social policy issues in the local, national and international context, our course will give you the skills and understanding to really make a difference.

See the website http://www.anglia.ac.uk/study/postgraduate/international-social-welfare-and-social-policy

How does globalisation impact on social welfare provision and planning in different countries? Do issues like poverty and social exclusion, street living and migration need to be culturally and locally specific, or could there be global solutions? You’ll explore these and many other issues in our MSc which will prepare you for a career in social welfare and policy. The emphasis is on comparative and global analysis, exploring social welfare and planning responses to issues such as street children, criminal justice and social welfare in areas of political conflict. You’ll have the chance to build and expand on skills relating to policy making, social sciences, leadership and strategies of change. An understanding of comparative and global welfare policies is important for national and international organisations. Therefore, our course is a positive step towards a career in a national and international context, working within the area of social welfare and policy.

Careers

Career possibilities once you’ve graduated are likely to be in the fields of community development social policy, social welfare, youth work, education, higher education, consultancy or policy making in local, regional and international governmental and non-governmental bodies. You’ll also be prepared to carry out further research and study towards a PhD.

- Links with industry and professional recognition
Our Faculty of Health, Social Care & Education works in collaboration with a number of universities from across Europe on the International Doctoral Studies in Social Work (INDOSOW) project. This is the first European Doctoral Programme of its kind and offers the opportunity to take part in an international interdisciplinary study of social work, welfare systems and social policies. For further information about the INDOSOW project visit: http://www.indosow.net.

Core modules

Globalisation, Social Welfare & Social Policy
Comparative Social Policy & Social Welfare
Research Studies
Major Project

Optional modules:
Global Leadership
Collaborative Practice for Integrated Care
Essential Issues in Public Health Policy

You will choose one optional module from the above list. Modules are subject to change.

Assessment

You’ll be assessed in a range of ways to examine the development of your skills throughout our course, leading to the submission of your Major Project bringing together aspects of learning from earlier modules. Assessment strategies include essays, reports, case studies and debates; there are no exams in this course. You’ll have plenty of group workshop and individual supervised support for your Major Project.

Special features

The course leader is a specialist in research and teaching within an international context.

Our students come from across the globe including Bangladesh, Columbia, Ghana, India, Kenya and the UK. Each of our students brings their individual experience in areas as varied as international relations, psychology, social work, social policy, sociology and economics. With lively classroom debates at the top of our agenda, you can be sure that each topic is discussed from multiple perspectives.

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The Economics MSc is designed to provide an education in advanced economic theory and quantitative methods while allowing students to specialise or take options in a range of subjects that reflect the School's main areas of research expertise. Read more
The Economics MSc is designed to provide an education in advanced economic theory and quantitative methods while allowing students to specialise or take options in a range of subjects that reflect the School's main areas of research expertise.

All of our MSc degrees equip you with a range of quantitative and analytical skills and the ability to communicate complex economic concepts in a clear and concise style. Our programmes not only offer a stimulating education in economic theory, but also develop your ability to apply economic knowledge, analytical tools and skills to a range of national and international problems in the areas of finance, development, agriculture and the environment.

Visit the website https://www.kent.ac.uk/courses/postgraduate/194/economics

Course structure

The Economics MSc is studied over one year full-time or two years part-time and is divided into two stages: eight taught modules (five of which are compulsory) and a dissertation.

There are compulsory modules in Microeconomics, Macroeconomics, two modules in Econometrics, and Research Methods. The core modules build upon students' existing knowledge, understanding and skills. Students develop a deeper understanding of economic theory, quantitative and research methods, and policy applicaitons. The teaching and learning of skills are carefully integrated into the structure of the modules and degree programme. The final three modules are chosen from a range of options based upon the research interests of our academic staff.

All of our MSc programmes require some mathematical analysis, and we recognise that students have widely differing backgrounds in mathematics. The first week of all our MSc programmes includes compulsory intensive teaching in mathematics, refreshing and improving your skills in order to equip you with the techniques you will need for the rest of the programme.

Students who successfully pass the taught element of the programme, proceed to the dissertation stage, where you undertake a supervised project of your choice on an Economics issue. Advice on choice of dissertation topic and management is given during the taught stage of the programme. The dissertation stage develops students’ research skills and follows on from the Research Methods module. Student dissertations are supervised by academic staff.

Modules

The following modules are indicative of those offered on this programme. This list is based on the current curriculum and may change year to year in response to new curriculum developments and innovation. Most programmes will require you to study a combination of compulsory and optional modules. You may also have the option to take modules from other programmes so that you may customise your programme and explore other subject areas that interest you.

EC805 - Advanced Macroeconomics I (15 credits)
EC806 - Advanced Microeconomics of Games and Information (15 credits)
EC802 - Advanced Microeconomics of Consumers, Marketsand Welfare (15 credits)
EC817 - Research Methods (15 credits)
EC821 - Econometric Methods (15 credits)
EC822 - Financial Economics: Capital Market Instruments (15 credits)
EC832 - Political Economy of Public Policy (15 credits)
EC834 - Environmental and Resource Economics and Policy (15 credits)
EC825 - Applied Microeconometrics (15 credits)
EC820 - Time Series Econometrics (15 credits)
EC803 - Trade and Development (15 credits)
EC815 - Growth and Development Theory (15 credits)
EC816 - International Finance (15 credits)
EC829 - Environmental Valuation (15 credits)

Assessment

Assessment is through a wide variety of methods including seminar presentations, extended essays, short projects, in-class tests, examinations, and the dissertation.

Programme aims

This programme aims to:

- provide a stimulating education in the principles of economics and their application, in which high-quality teaching motivates you to achieve your full potential. The teaching is informed by the research and scholarship of our teaching staff

- build on your existing knowledge, abilities and skills and develop a deeper understanding of economic theory, econometric and quantitative techniques and policy applications to specific areas

- provide options to enable you to study selected areas of economics in depth

- develop your ability to apply economic knowledge, analytical tools and skills in a range of theoretical, applied and policy problems

- develop your independent research skills and prepare you for work as a professional economist or in an area related to economics

- provide you with information and advice on future employment and further postgraduate study.

Careers

Kent has an excellent record for postgraduate employment: over 96% of our postgraduate students who graduated in 2014 found a job or further study opportunity within six months.

A postgraduate degree in the area of economics is a particularly valuable and flexible qualification that can open the door to exciting careers in many professions. Our graduates have gone on to work as economists in international organisations, the financial sector, business, UK and overseas governments, and to further postgraduate training and academic careers at Kent, UK and overseas universities. Recent MSc graduates have gone on to work for companies in the UK such as BNP Paribas, AXA, FactSet and PwC.

The School's employability officers and the University's Careers and Employability Service are available throughout the year to offer one-to-one advice and help on all aspects of employability at any stage in your postgraduate studies. We also offer online advice on employability skills, career choices, applications and interview skills.

Find out how to apply here - https://www.kent.ac.uk/courses/postgraduate/apply/

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.Our MSc Business Economics and Finance programme will give you a thorough education in microeconomics, macroeconomics and econometrics combined with an understanding of two particular specialty areas. Read more

.Our MSc Business Economics and Finance programme will give you a thorough education in microeconomics, macroeconomics and econometrics combined with an understanding of two particular specialty areas.

Firstly, modules in Economics of the Firm and Human Resource Economics examine the importance of business issues in the study of economics, and modern developments in personnel economics.

The second area of specialisation focuses on a combination of the theory of finance and financial econometrics.

The former will give you a thorough grounding in modern finance theory, while the latter is directed towards the principal econometric techniques that are applied to financial data.

Programme structure

This programme is studied full-time over one academic year and part-time over two academic years. It consists of eight taught modules and a research methods and dissertation module.

Example module listing

The following modules are indicative, reflecting the information available at the time of publication. Please note that not all modules described are compulsory and may be subject to teaching availability and/or student demand.

Educational aims of the programme

The main aims of the Department’s taught courses are to:

  • Enable and encourage students to develop their capacity for learning and communication within an open, scholarly, environment
  • Develop an appreciation of economics, both as an intellectual discipline and as an important contributor to an understanding of the world in ways which are of practical significance
  • Prepare students for a range of careers and other activities in which independent thought and analysis, as well as effective communication, can contribute to an improvement in social and economic welfare
  • Enable better performing students completing an msc programme to progress either to further postgraduate research or to a career as a professional economist
  • Provide an opportunity for students to apply and demonstrate a range of skills, including the capacity for independent study, through the completion of an MSc dissertation

Programme learning outcomes

The programme provides opportunities for students to develop and demonstrate knowledge and understanding, skills, qualities and other attributes in the following areas:

Knowledge and understanding

  • An advanced understanding of the core principles in microeconomics, macroeconomics and econometrics
  • An understanding of the techniques which have been used in contemporary economic research
  • An ability to select appropriately between alternative analytical techniques and research methodologies which can be used in the evaluation of business and finance policy
  • Awareness of current and advanced problems and new insights in business economics and finance

Intellectual / cognitive skills

  • An ability to investigate complex issues in business economics and finance, both in theoretical problems and in practical ones where data may be complicated or unavailable
  • The skills necessary to comprehend published economic research papers, and to integrate the implications of published research in their own studies

Professional practical skills

  • An ability to communicate effectively in prose and numerical form to specialists and non-specialists
  • The ability to formulate a plan for specific individual research which would further existing knowledge
  • The ability to communicate the results of independent research in the form of a dissertation

Key / transferable skills

  • General skills, such as literacy, numerical, IT and computing
  • Interpersonal skills, such as communication

Global opportunities

We often give our students the opportunity to acquire international experience during their degrees by taking advantage of our exchange agreements with overseas universities.

In addition to the hugely enjoyable and satisfying experience, time spent abroad adds a distinctive element to your CV.

Learn more about opportunities that might be available for this particular programme by using our student exchanges search tool.



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Birmingham Business School has been delivering management education in Singapore since 1994, when its MBA programme was originally launched. Read more

Birmingham Business School has been delivering management education in Singapore since 1994, when its MBA programme was originally launched. The MSc Economics programme extends these activities in Singapore and is delivered in conjunction with our partners, the Singapore Institute of Management (SIM).

A deep understanding of economics is key to our continuing function as a global economy to establish successful trade, monetary and welfare policies across nations. The Master of Science (MSc) (Economics) degree provides an advanced training in core areas of economics that are widely used in economics-based professions.

You will receive specialist training in areas of relevance and take options in other areas of your interest to meet the growing demands for economics to address and solve real-world problems. This degree will give you a clear understanding and application of economics theory and techniques to modern businesses in emerging and developing countries.

Course details

The one-year programme is offered through Birmingham Business School, and it is suitable for fresh graduates, working professionals and executives who have a strong passion in economics and its intricate relation to modern business.

Objectives

The MSc Economics degree will allow you to:

  • Appreciate contemporary economic thinking in modern businesses
  • Develop an appreciation and understanding of mainstream theoretical and applied techniques to help you prepare for or enhance your career 
  • Apply theoretical knowledge, practical skills, tools and techniques in a written dissertation
  • Develop specific transferable skills in research and analysis, abstract and simplify, numeracy and IT, strategic thinking, evaluation and inferences, as well as interpersonal skills

Learning and teaching

Mode of Delivery

Classroom learning comprising: 

  • Lectures
  • Software training

Lessons are typically 3 to 8 hours per day on weekdays and weekends, and they are delivered on a modular basis by Birmingham academics.

Employability

Careers and Development

Graduates can develop a career in academia, actuary, advertising, audit, commerce, financial services, industry, investment banking, journalism, consultancy, marketing, media, politics, research, tax, the public sector, or in any other profession that requires the valuable transferable skills and insights obtained from this degree. Those with existing careers may opt to accelerate their career path with existing employers, or create potential for change.

Alumni can access career support and take advantage of a range of networking and development opportunities. Postgraduate alumni can also access a bespoke service from the Careers in Business service.

SIM – Liaison with Employers

There are also career development opportunities At SIM. Singapore Institute of Management has a reputation for curriculum design which is relevant to industry manpower needs. “Learn today, apply tomorrow” is the philosophy. To achieve this, SIMUniversity forges linkages and partnerships with established organisations. This, in conjunction with your degree from the University of Birmingham, represents a powerful and valuable combination.

Alumni Services

A package of benefits including social, leisure and sports discounts and continuous professional development opportunities is available to all Birmingham Business School Alumni.

To access the benefits, log into your alumni community. If you have not yet set up an account on your.bham, you can do so by registering on the site.



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The MSc Energy Economics and Policy programme provides a solid grounding in the economics of international oil and gas, the general principles of regulation, energy and environment policies and technology, and energy modelling. Read more

The MSc Energy Economics and Policy programme provides a solid grounding in the economics of international oil and gas, the general principles of regulation, energy and environment policies and technology, and energy modelling.

You will gain a thorough understanding of microeconomics, macroeconomics and econometrics. Building on these foundations, the programme focusses on economic and policy issues affecting the energy sector.

Furthermore, guidance in research methodology will ensure you develop the skills required to effectively undertake thorough independent research.

Those wishing to work in research and/or policy-making in the energy area will find this programme particularly relevant.

Programme structure

This programme is studied full-time over one academic year and part-time over two academic years. It consists of eight taught modules and a dissertation.

Example module listing

The following modules are indicative, reflecting the information available at the time of publication. Please note that not all modules described are compulsory and may be subject to teaching availability and/or student demand.

Educational aims of the programme

The main aims of the Department’s taught courses are to:

  • Enable and encourage students to develop their capacity for learning and communication within an open, scholarly, environment
  • Develop an appreciation of economics, both as an intellectual discipline and as an important contributor to an understanding of the world in ways which are of practical significance
  • Prepare students for a range of careers and other activities in which independent thought and analysis, as well as effective communication, can contribute to an improvement in social and economic welfare
  • Enable better performing students completing an MSc programme to progress either to further postgraduate research or to a career as a professional economist
  • Provide an opportunity for students to apply and demonstrate a range of skills, including the capacity for independent study, through the completion of a MSc dissertation

Programme learning outcomes

The programme provides opportunities for students to develop and demonstrate knowledge and understanding, skills, qualities and other attributes in the following areas:

 Knowledge and understanding

  • An advanced understanding of the core principles in microeconomics, macroeconomics, and econometrics (all awards)
  • An understanding of the techniques which have been used in contemporary economic research (PGDip and MSc)
  • An ability to select appropriately between alternative analytical techniques and research methodologies which can be used in the evaluation of energy policy (PGDip and MSc)
  • Awareness of current and advanced problems and new insights in energy economics (all awards)

Intellectual / cognitive skills

  • An ability to investigate complex issues in energy economics, both in theoretical problems and in practical ones where data may be complicated or unavailable
  • The skills necessary to comprehend published economic research papers, and to integrate the implications of published research in their own studies

Professional practical skills

  • An ability to communicate effectively in prose and numerical form to specialists and non-specialists
  • The ability to formulate a plan for specific individual research which would further existing knowledge
  • The ability to communicate the results of independent research in the form of a dissertation

Key / transferable skills

  • General skills, such as literacy, numerical, IT and computing (all awards)
  • Interpersonal skills, such as communication (all awards)

Global opportunities

We often give our students the opportunity to acquire international experience during their degrees by taking advantage of our exchange agreements with overseas universities.

In addition to the hugely enjoyable and satisfying experience, time spent abroad adds a distinctive element to your CV.



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Master's specialisation in Economics, Behaviour and Policy. Bridging the gap between theory and practice – and applying them to the design of sound, feasible policies – can provide the key to solving micro, meso and macroeconomic issues. Read more

Master's specialisation in Economics, Behaviour and Policy

Bridging the gap between theory and practice – and applying them to the design of sound, feasible policies – can provide the key to solving micro, meso and macroeconomic issues.

How do policy makers make decisions that affect economic, societal and personal welfare? How is welfare defined and measured? And how can we design more effective policies? This specialisation covers not only econometric questions, but also psychological, cultural, legal and philosophical ones. By improving your insight into complex issues, it will prepare you for designing successful strategies in your future career as a policy maker or consultant .

Our graduates are experts in economic policies who work for government and semi-government organisations, and also as consultants in business and industry. You can do the same. By examining real-world scenarios, you’ll acquire the analytical skills you need to take research results and apply them to a wide variety of problems.

See the website http://www.ru.nl/masters/ep

Why study Economics, Behaviour and Policy at Radboud University?

- You’ll tackle economic and policy issues at all levels – focusing mostly on the real economy.

- You’ll combine learning with research: your lecturers are researchers who incorporate the latest findings into their teaching. As a student, you’ll also do research.

- You’ll interact with your professors in small seminar groups.

- By taking our ‘Economics Plus’ package, you’ll combine ‘standard’ economics with disciplines such as psychology and sociology. This will give you the knowledge you need to tackle policy issues in today’s globalised world.

Change perspective

You’ll gain a strong theoretical background in both mainstream and heterodox (i.e. non-mainstream) economic theories, augmented by methods derived from disciplines that include psychology and sociology. There’s good reason for this broad approach: if an economic problem seems intractable, you may need to change your perspective. We also examine the policy relevance of theoretical insights and give you the tools you need to design policies that will make a difference to people’s lives.

Admission requirements for international students

1. A Bachelor's degree in Economics – or a closely-related discipline – from a research-oriented university, with sufficient background in Research Methods and Mathematics (and Economics if you took a different degree).

2. Proficiency in English

In order to take part in this programme, you must be fluent in both written and spoken English. Non-native speakers of English need one of qualifications below. Please note that certificates must have been awarded in the past two years, and that no other certificates are accepted:

- A TOEFL (iBT) Certificate with a minimum overall score of 90 and no subscore not less than 18, or

- IELTS Academic Certificate: a minimum overall score of 6.5 less than 6.0, or

- A Cambridge Certificate of Advanced English (CAE) with a minimum score of C, or

- A Cambridge Certificate of Proficiency in English (CPE) with a minimum score of C.

3. A letter of motivation (max. 2 pages)

Please explain why you want to follow this programme and why you think you should be part of this programme.

Career prospects

This programme will provide you with a toolbox filled with the skills and knowledge needed to tackle a whole array of economic problems. Besides issues at the micro and macroeconomic level, graduates learn to deal with issues at the meso level, for example, how to stimulate innovation.

Our graduates devise policies and learn to analyse critically which solutions are most likely to work in a specific economic and social context. They regularly find employment as policy makers for government and semi-government organisations, in ministries, national banks, NGOs, think tanks, the UN and the EU , as well as national and international labour organisations. But your career prospects are much broader than that. You could for example, work as a consultant in industry or as a lobbyist.

Our approach to this field

By giving you a strong theoretical grounding in a broad range of current economic theories – both mainstream and heterodox –this programme will show you not just what is happening, but also why and how. To ensure that it is always relevant, we update the content every year.

Our main aim is to unravel the diversity – and the complexity – of economic issues, and thus clarify the role of economics in society. At the micro level, we might look at, for example, policies for reducing traffic jams or encouraging citizens to opt for more sustainable ways of living. At the meso level, we might examine policies intended to determine which companies should be supported – those that are struggling or those that are successful? – and how companies can be encouraged to innovate. And at the macro level, we might try to determine whether government policies should respond to financial crises through austerity or through investment.

Lectures are devoted to detailed discussions of a wide range of real-world scenarios. As an active participant, you’ll join in debates with your lecturers and your fellow students, and sometimes with experts from the field. One module – Technology & Innovation Policy – is taught by an emeritus professor and two business leaders. Guest speakers are drawn from varied backgrounds, such as a recent speaker from the Dutch Ministry of Finance, who discussed financial illiteracy. Activities such as these all exemplify the kinds of concerns – economic and otherwise – you’ll be likely to encounter as a policy maker.

See the website http://www.ru.nl/masters/ep

Radboud University Master's Open Day 10 March 2018



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