How can different kinds of data inform us on economic issues? On this course you learn how economic data analysis can address practical problems within business, accounting, and development.
Our MSc Applied Economics and Data Analysis is run jointly between our Department of Economics and our Institute for Social and Economic Research (ISER), which specialises in the analysis of household and labour market data.
On our course you will be provided the tools for analysing and implementing some of the models that are present in theory modules. You study data-orientated, applied modules, exploring topics including: -Techniques used in the analysis of panel data -The specification of models and the tests of their validity -Methods for analysing persistence over time in economic variables -Handling different types of datasets, -Survey methodology and sampling frames, and how to deal with problems of response rates and attrition
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 particular strengths in the areas of: -Game theory and strategic interactions -Theoretical and applied econometrics -Labour economics
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.
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 of our time.
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.
For a full list of research interests, see our Department’s staff pages.
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
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 prepares you for employment; recent surveys have shown that higher degree graduates are more likely to obtain jobs at professional or managerial level.
You will develop key employability skills including analytical reasoning, mathematical techniques, model building and data analysis.
Our graduates find 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.
Postgraduate study is the chance to take your education to the next level. The combination of compulsory and optional modules means our courses help you develop extensive knowledge in your chosen discipline, whilst providing plenty of freedom to pursue your own interests. Our research-led teaching is continually evolving to address the latest challenges and breakthroughs in the field, therefore to ensure your course is as relevant and up-to-date as possible your core module structure may be subject to change.
MSc Applied Economics and Data Analysis -Dissertation -Applications of Data Analysis -Mathematical Methods -Microeconomics -Panel Data Methods -Banking (optional) -Behavioural Economics I: Individual Decision Making (optional) -Behavioural Economics II: Games and Markets (optional) -Computational Agent-Based Macro-Economics, Financial Markets and Policy Design (optional) -Econometric Methods (optional) -Economic Development Theory (optional) -Economics of Financial Markets (optional) -Estimation and Inference in Econometrics (optional) -Game Theory and Applications (optional) -International Finance (optional) -International Trade (optional) -Macroeconomics (optional) -Monetary Economics (optional) -Political Economy (optional) -Theory of Industrial Organisation (optional) -Time Series Econometrics (optional) -Topics in Financial Economics (optional) -Economics of Incentives, Contracts and the Firm (optional)
“I am particularly concerned with social and economic inequality and I wanted to study economics so that I could improve my understanding of such issues and hopefully, to some extent, contribute to a better world.
I chose to do my MSc and then my PhD within the Department of Economics at the University of Essex as it is one of the top rated departments in economics and was recently ranked third in the UK. Furthermore, it is a strong department in applied labour economics and game theory, my areas of interest.
I highly value the academic environment of the Department. The benefit of a relatively small department is the high interaction among the members of stuff and the students. I also appreciate the multiculturalism of the University. It gives you the opportunity to mix with students who are coming from all over the world and have first-hand information on past and current international conflicts and issues.
I have not decided yet what to do when I finish my studies, as it depends on my thesis and its impact. I think that I would like to either continue in academia or work for an international organisation.”
“After my BA I worked as a research assistant at an Italian university. During that period I realised that I wanted to start a proper career in research, so applying for a PhD was therefore a natural choice. I decided to study at Essex because the Department of Economics is internationally famous for the quality of its researchers and particularly well known in my field of specialisation, labour economics.
I particularly liked the atmosphere in the Department. Staff were always willing to discuss research issues in a constructive and very informal way, so it was a very stimulating and enriching environment. I also appreciated the fact that Essex’s Department of Economics is very well connected with other universities in the UK and internationally. This means some of the best economists in the world come to Essex for seminars, conferences and workshops. For a PhD student, feeling part of such a vibrant community was an extremely motivational and rewarding factor.
One of my fondest memories of Essex is the spring and summer time, when the good weather made it easy to meet up with friends and colleagues on campus. I made some really good friends – and met my future wife – at the University.
After graduating, I started my career as an academic researcher and now work as research fellow at the University of Melbourne, in Australia. Having my PhD from Essex has been crucial for entering the academic job market. The Department’s staff were extremely helpful during the period in which I was looking for a job and their contributions were very important for successfully completing my studies and starting my new career."
The Department is able to offer a small number of awards under the University of Essex Scholarships Scheme. To be considered for one of these awards, applications for admission onto one of our Master's degree schemes should be received by the Department no later than 30 April 2010. Two applications are necessary: for admission to the University for an MSc scheme taught in the Department of Economics, and, separately, for one of the economics scholarships.
Value of Scholarship(s)
Variable, up to £5000
All students holding an offer to study an MSc in the Department of Economics are eligible to apply.
ESRC Doctoral Training Centre scholarships
For 2011-12, our ESRC Doctoral Training Centre will offer 16-fully funded ESRC studentships, most worth £18,000 per year, across over 20 doctoral pathways. The University of Essex has become one of only 21 Doctoral Training Centres accredited by the UK Economic and Social Research Council following a highly competitive selection process. Our Doctoral Training Centre will fund 16 doctoral students each year across many different social science disciplines. It also offers excellent training opportunities and a highly stimulating research environment to hundreds of postgraduate students, researchers, professionals, practitioners and users.
Value of Scholarship(s)
Up to £18,000
We encourage applications from top students seeking to research over a range of social science areas, including: criminology and socio-legal research; economic and social research; economics and econometrics; environmental governance; finance; health and organisational research; human rights; language and linguistics; management and accounting; politics and international relations; political economy; psychoanalytic studies; sociology and social change.
A degree with an overall grade of 2.2. We accept a wide range of qualifications from applicants studying in the EU and other countries. Email [email protected] for further details about the qualifications we accept. Include information in your email about the undergraduate qualification you have already completed or are currently taking.IELTS 6.0 overall with a minimum component score of 5.5
Recipient: University of Essex
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