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  • Study Type

    Full time available

  • Subject Areas

    Economics

  • Start Date

    September

  • Course Duration

    1 year full time

  • Course Type

    MSc

  • Course Fees

    website

  • Last Updated

    04 January 2018

Course Content

Course content

Modern economics is an increasingly rigorous discipline and advanced degrees are now essential for careers in international institutions, government and industry. The Economics MSc at UCL will equip the professional economist with the powerful tools required to understand the rapidly changing, complex and uncertain modern world economy.

About this degree

The programme aims to provide all students with a sound and worthwhile education in modern economics and econometrics, developing important transferable skills of problem-definition, analysis and self-motivation. Students will learn to use the formal tools that are necessary to understand and conduct cutting-edge research in both theoretical and applied economics.

Students undertake modules to the value of 180 credits.

The programme consists of four core modules (60 credits), four optional modules (60 credits) and a research dissertation (60 credits).

Core modules

  • Microeconomics
  • Macroeconomics
  • Econometrics
  • Research Methods

Optional modules

At least two of the following advanced core modules:

  • Advanced Macroeconomic Theory
  • Advanced Microeconometrics
  • Advanced Microeconomic Theory
  • Time Series Econometrics

Remaining applied options (taking the total to four) from a list including:

  • Public Microeconomics
  • Economics of Development
  • The Economics of Migration
  • Health Economics
  • Programme Evaluation for Users
  • Behavioural Economics
  • Macroeconomic Policy
  • Ethics in Welfare Economics
  • Empirical Industrial Organisation
  • Topics in Labour Economics
  • Topics in Money and Finance
  • Economics of Households
  • Environmental Economics: Principle and Policy

Dissertation/report

The dissertation of 10,000 words will be a piece of lightly supervised research, including a brief critical review of the literature in the relevant area.

Teaching and learning

The programme is delivered through a combination of lectures, seminars, and practical and problem classes. The MSc degree is awarded on the basis of written, final examination papers and the research dissertation.

Further information on modules and degree structure is available on the department website: Economics MSc

Careers

Graduates go on to a variety of roles, including those in the civil service, research, finance and political sectors.

Recent career destinations for this degree

  • Economic Consultant, Lloyds Banking Group
  • Economics Adviser, Department for Transport
  • Economist, Bank of England
  • Economist, Government of Singapore
  • PhD in Game Theory, LSE (The London School of Economics and Political Science)

Employability

The UCL Economics MSc is a passport to a career in major national and international institutions that demand the deeper, more rigorous analytical reasoning in economics. In these roles, MSc graduates draw on a theoretical grounding and wealth of practical analytical tools to formulate relevant questions in economics and produce high-quality economic analysis valued by employers and prestigious PhD programmes. Students benefit from the international reputations of the programme’s academic staff and the academic excellence and international perspectives of their fellow MSc students. Major employers invite UCL MSc graduates to apply for roles.

Careers data is taken from the ‘Destinations of Leavers from Higher Education’ survey undertaken by HESA looking at the destinations of UK and EU students in the 2013–2015 graduating cohorts six months after graduation.

Why study this degree at UCL?

UCL Economics has an outstanding international reputation in the areas of applied microeconomics, labour economics, development economics, economic theory, experimental economics, econometrics, and macroeconomics. The department is a global leader in policy-oriented research, with members actively involved in policy design and evaluation. The Research Excellence Framework 2014 ranked the UCL Department of Economics as the top department in the UK for economics and econometrics, as well as the top department in any field in terms of overall score. The high quality and policy impact of research undertaken by faculty are reflected in an excellent teaching and research environment for graduate students.

UCL is located in central London at the heart of the UK centre of government. Recognised as the world's best connected city, 75% of the Fortune 500 companies have offices in London.

Research Excellence Framework (REF)

The Research Excellence Framework, or REF, is the system for assessing the quality of research in UK higher education institutions. The 2014 REF was carried out by the UK's higher education funding bodies, and the results used to allocate research funding from 2015/16.

The following REF score was awarded to the department: Economics

99% rated 4* (‘world-leading’) or 3* (‘internationally excellent’)

Learn more about the scope of UCL's research, and browse case studies, on our Research Impact website.


Visit the Economics (MSc) page on the University College London website for more details!

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