Taught jointly by the Department of Economics and the Department of Philosophy, Logic and Scientific Method, the MSc Economics and Philosophy offers a unique combination of rigorous training in economics together with the opportunity to engage with moral, methodological and foundational questions.
This thoroughly interdisciplinary programme encourages students to engage constructively with key economic and political issues, whilst allowing them to explore and question their conceptual and theoretical foundations.
Questions typically addressed include: What are the moral advantages and disadvantages of market institutions? Can we make interpersonal comparisons of well-being, and if so, how? How do models of economic phenomena relate to the actual social world? What are the assumptions underlying the rational choice model in economics? Can they be normatively justified? Are they descriptively accurate?
Students on this degree have access to the wealth of resources available in both the Economics and the Philosophy departments, including research seminars and colloquia on topics in economics, rational and social choice, scientific evidence and policy-making.
The degree offers a good preparation for doctoral research in both economics and philosophy. It also prepares students for careers in financial institutions, and intergovernmental, governmental, and non-governmental organisations, and for employment in such fields as financial and economic journalism and consulting.