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.
The MSc Economics & Philosophy programme strikes the perfect balance between quantitative analysis and philosophical argument. By requiring the participation in two economics courses together with the MSc Economics students, and in two philosophy courses together with the other MSc Philosophy students, it provides a truly interdisciplinary curriculum. I really felt I got to enjoy the best of both worlds: I noticeably broadened my horizons, exercised my rigorous mathematical thinking ability, trained my logical analytic argumentation skills and learned to apply the skills acquired in one area to the other, in order to gain fascinating insights.
The MSc Economics & Philosophy degree is a really unique opportunity to reflect on not only the moral and methodological worth and justification of everything you learned in your undergraduate economics degree, but it also provides you with a new perspective on the acute relevance of philosophy to everyday (economic) issues. I therefore highly recommend this degree: it doubles your knowledge, it doubles your skills and it definitely doubles your fun at LSE!
The MSc Economics & Philosophy is a truly interdisciplinary graduate programme. There is an impressive range of philosophy courses to choose from, most with some relevance to economics and the social sciences, and the economics courses are shared with the MSc Economics programme. As well as your chosen courses, there is also a weekly seminar just for the programme at which students present their own dissertation ideas. This is a fantastic opportunity for students to shape a debate around their own ideas and gain valuable presenting experience.
A graduate programme at LSE is a wonderful way to further your academic potential. Lectures are generally very clear and teachers attentive. Most importantly, you are given the freedom to pursue your own interests in an environment which fosters creative thinking. I would strongly recommend the programme to any economists with a philosophical bent.
First class honours degree or equivalent with concentration on economics and quantitative subjects. English standard requirement. All graduates of non UK institutions must submit a GRE score.
29 September 2016
Recipient: London School of Economics and Political Science
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