The MSc in Applied Economics and International Development provides training in the application of economic principles to the problems of international development.
The programme is designed for students with a good first degree in a sciences or social sciences subject, who would like to pursue a career in economics and international development. You must also have some previous quantitative background, eg a good mark in mathematics from a pre-university school course.
The programme offers great flexibility and breadth of choice in module options in the areas of international finance, trade and development, environment and rural economies.
The programme 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.
The compulsory modules provide a basis for you to acquire the basic skills for the programme, while the optional modules enable you to choose from applied subjects in the first and second terms. All MSc students take a module in Research Methods, which provides practical skills and knowledge for MSc-level research.
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 issue in international development. 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.
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.
EC817 - Research Methods (15 credits) EC815 - Growth and Development Theory (15 credits) EC832 - Political Economy of Public Policy (15 credits) EC833 - Economic Principles (15 credits) EC835 - Quantitative Methods for Economists (15 credits) EC834 - Environmental and Resource Economics and Policy (15 credits) EC821 - Econometric Methods (15 credits) EC825 - Applied Microeconometrics (15 credits) EC829 - Environmental Valuation (15 credits) EC831 - Rural and Peasant Economies (15 credits) EC816 - International Finance (15 credits) EC803 - Trade and Development (15 credits)
Assessment is through a wide variety of methods including seminar presentations, extended essays, short projects, in-class tests, examinations, and the dissertation.
This programme aims to:
- provide a stimulating education in the principles of economics and related subjects, and their application to problems of international development, 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 the way in which economics and quantitative techniques can be applied to problem-solving and policy in international development
- 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 professionals in international development
- provide you with information and advice on future employment and further postgraduate study.
- 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.
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.