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    School of Economics Logo
  • Study Type

    Full time available

  • Subject Areas

    Economics

  • Start Date

    September

  • Course Duration

    1 year full-time

  • Course Type

    MSc

  • Course Fees

    Please see the University website for details.

  • Last Updated

    24 January 2019

Overview

This course provides the technical tools required for understanding and developing microeconomic and macroeconomic models, while building a comprehensive knowledge of econometric techniques.

It exposes you to contemporary economic thinking and maximises the range of specialist economics topics that are available for study.

At the end of the course, you will be able to read and understand current and classic research papers in economics. Your theoretical knowledge is supported with hands-on training in the use, presentation and interpretation of economic data, which includes exploring various advanced econometric software packages.

The range of optional modules on offer allows you to tailor your studies to suit your interests, while our research-led approach to teaching guarantees an exciting and challenging experience, providing the skills you need to progress as a professional economist or academic researcher.

Content for this course is provided by the pivotal work of our research centres, including those in behavioural economics, international economics, time series econometrics, political economy and development economics.

Dual degree options

The school has professional links with the University of Konstanz and the University of Tübingen in Germany. If you complete the taught component of this course, you can transfer onto our dual degree and spend a second year in Konstanz or Tübingen. This is a great opportunity to travel abroad and study at a highly ranked university in beautiful parts of Germany.

Key facts

Course details

This course comprises 120 credits of core and optional modules, plus a 60-credit dissertation on a subject of your choice. You will receive one-to-one support from an expert academic supervisor, and methodological and practical guidance through our Economic Research Methodology module.

In semester one, you will take modules in microeconomic theory, macroeconomic theory, econometric theory and economic data analysis.

In semester two, you will choose two further required modules, which can be in microeconomics, macroeconomics and econometrics. You will also start work on your dissertation by taking a module in economic research methodology, and choose two optional modules from a wide range.

After completing your semester two modules, you will undertake a 15,000-word supervised dissertation which will demonstrate familiarity with a particular area of economic theory or policy, or the ability to apply a specific analytical technique.

Assessment

Modules are assessed by a combination of exams and coursework at the end of the relevant semester.

Modules

Core modules

  • Microeconomic Theory
  • Macroeconomic Theory
  • Econometric Theory
  • Economic Data Analysis
  • Economic Research Methodology
  • MSc Dissertation: Economics

One of:

  • Advanced Microeconomic Theory
  • Advanced Macroeconomic Methods

One of:

  • Applied Microeconomics
  • Time-Series Econometrics

Optional modules

Choose any two:

  • International Macroeconomics
  • Behavioural Economic Theory
  • Experimental Methods in Economics
  • Monetary Theory and Practice
  • Financial and Macroeconometrics
  • International Trade Theory
  • Trade Analysis and Policy
  • Economics of Household Finance
  • Applied Behavioural Economics
  • Development Policy Analysis
  • Development Microeconomics

The modules we offer are inspired by the research interests of our staff and as a result may change for reasons of, for example, research developments or legislation changes. This list is an example of typical modules we offer, not a definitive list.

Careers and professional development

A masters in economics provides a logical and rigorous perspective on human behaviour which is valued by a wide-range of employers around the world, in banking, business, consulting, government and academia.

Former MSc students are spread around the globe, working in academia, government and the private sector. Economics graduate destinations include Barclays, Bloomberg, Deloitte, Economist Intelligence Unit, Goldman Sachs, IBM, PwC, and Thomson Reuters.

Employability and average starting salary

94.4% of postgraduates from the School of Economics who were available for employment secured work or further study within six months of graduation. £31,750 was the average starting salary, with the highest being £45,000.*

* Known destinations of full-time home postgraduates 2016/17. Salaries are calculated based on the median of those in full-time paid employment within the UK.


Visit the Economics MSc page on the University of Nottingham website for more details!

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