The course is designed to give students a thorough background in the latest advances in theoretical, applied and empirical economics.
Who is it for?
This course is designed for anyone who wants to undertake rigorous training in modern economics either immediately after completion of an undergraduate degree or as a mid-career professional. Students have the option of studying full time over the course of one year or part time over the course of two.
Objectives
The aim of this course is to develop your critical and analytical abilities in economics and to prepare you academically for a career as a professional economist. The dissertation track also serves as a stepping stone to an Economics PhD.
By the time you graduate, you should be able to:
-Demonstrate knowledge of modern economic theory, at both a micro and a macro level.
-Analyse the strengths and weaknesses of the relevant empirical and theoretical research methodology.
-Demonstrate knowledge of econometric theory and techniques.
-Critically interpret current research in a combination of fields offered, namely, behavioural and experimental economics, financial economics, health economics, macroeconomics, regulation and competition, and development.
-The dissertation track also serves as a stepping stone to an Economics PhD.
Academic facilities
You will benefit from City's London location and our proximity to, and connections with, the City of London. We are minutes away from the Square Mile - London's world-famous financial district - and the headquarters of financial and professional institutions.
Teaching and learning
The teaching takes place over 2 terms from September to June. Full-time students who pass all the taught modules during the main exam sessions finish the programme at the end of September when they submit their dissertation or literature review.
Full-time students who successfully complete the taught modules in the August resit exam session submit their dissertation or literature review in December.
Part-time students complete their modules over the course of four terms from September to June before undertaking their dissertation or literature review.
Course is taught by research active academic staff. Assessments are a combination of unseen written examinations (70% for each module) and coursework (30% for each module).
Modules
You will take 120 credits taught modules and have to accrue 60 extra credits through one of the following routes:
-Literature Survey: two extra elective taught module of 15 credits and a literature review (Economics Literature Survey) worth 30 credits;
-Dissertation: a 60 credit Economics Research Project.
In the dissertation route, you take four core modules and two elective modules. In the literature survey path, you take three core modules and five elective modules.
It is not possible to give exact hours per week because these can vary from one term to the other depending on which electives the students choose.
Dissertation route modules
Core modules
-International Macroeconomics (15 credits)
-Microeconomic Theory (30 credits)
-Econometrics (30 credits)
-Macroeconomics (15 credits)
Elective modules
-Macroeconomics (15 credits)
-Financial Derivatives (15 credits)
-Asset Pricing (15 credits)
-Corporate Investment under Uncertainty** (15 credits)
**cannot be chosen if ECM157 Development Economics is chosen.
Literature survey route modules
Core modules
-International Macroeconomics (15 credits)
-Microeconomic Analysis (30 credits)
-Quantitative Methods (30 credits)
Elective modules
-Macroeconomics (15 credits)
-Corporate Finance (15 credits)
-Welfare Economics* (15 credits)
*available subject to timetabling feasibility.
Career prospects
On completing the Masters in Economics course you will have a range of employment possibilities, to some extent determined by the electives you choose.
For example, if you choose two financial economics electives, one from health economics and the fourth from economic regulation and competition, you may work in the financial industry as a consultant, or in the health industry as a financial analyst, or in any industry that requires a financial or industry analyst.
Visit the
Economics - MSc
page on the City, University of London website for more details!
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