These MSc programmes are designed to meet the needs of those who wish to take a more mathematical approach to economics. They have proved popular with mathematicians, statisticians, physical scientists and engineers converting to economics, as well as to graduate economists.
You should have a strong background in economic theory, econometrics, statistics and mathematics at a high level in your first degree.
If you do not have the full range of subject background required, you may apply to take the MSc over two years; please see the section below on the two year route.
All students who do not have an undergraduate degree from a UK institution must have taken the GRE General Test no more than five years before 1 October 2016, and must include the test scores with their application. We do not require a specific mark but the test gives us an indication of aptitude for economics. Typically we expect candidates to score over 163/780 in the quantitative section of the test. A higher score will count in your favour, but other information, such as grades and references will matter more in the overall evaluation. We recognise that if your first language is not English, the verbal test will present special difficulties and we view your score on that basis.
An offer of a place on the MSc Econometrics and Mathematical Economics will include a conditional offer of progression to the MRes/PhD Economics, subject to the attainment of a distinction grade in the MSc.
MSc Econometrics and Mathematical Economics
The structure of the programmes is flexible, and allows you to specialise to some extent in either econometrics or economic theory, or a mixture of the two. The level of the material covered is perhaps higher than for any other master's degree internationally in this area, and the programmes have a long standing international reputation, listing numerous distinguished economists and econometricians among their graduates.
Students are required to attend the Introductory Course in Mathematics and Statistics before the main teaching programme starts.
Econometric Analysis provides an advanced treatment of the theory of estimation and inference for econometric models. Advanced Microeconomics has a special emphasis on mathematical methods and provides a firm grounding in classical microecomic theory as well as its modern development. Students will be expected to choose a total of two units from a range of options.
For full details of available courses see the Programme Regulations.
MSc Econometrics and Mathematical Economics (two year programme)
The preliminary year of the two year route is designed for students with high academic ability but lacking a sufficient background in economics, econometrics, statistics or mathematics. Its purpose is to enable students to develop their skills to the point where they are eligible for progression to the MSc in Econometrics and Mathematical Economics.
The preliminary year consists of the Introductory Course in Mathematics and Statistics in September 2016, followed by the compulsory courses in Econometric Theory and Microeconomics, and a further course from a choice of: (a) Mathematical Methods, (b) Probability, Distribution Theory and Inference and (c) Economic Theory and its Applications. Students who successfully complete the examinations in the preliminary year will be awarded a Diploma in Econometrics and Mathematical Economics, and those meeting the required standard will be permitted to proceed to the final year of the programme.
Please note that not every course is available each year and that some courses may only be available with the permission of the course convenor and/or may be subject to space.
Our former students are employed as economists in a wide range of national and international organisations in government, international institutions, business and finance. Approximately one third of students proceed to PhD programmes at LSE or other leading universities.
One year - First class honours degree or overseas equivalent with strong background in economic theory, econometrics, statistics, and mathematics. Two year - First class honours degree or equivalent with strong quantitative background including linear algebra and multivariate calculus. Some coursework in econometrics and economics is desirable. English standard level
Recipient: London School of Economics and Political Science
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