The University of Essex is one of the UK's leading academic institutions, ranked ninth nationally for research excellence following the most recent Research Assessment Exercise (RAE, December 2008).
Our Department of Economics was ranked joint third in the UK in the most recent RAE, reflecting our well established international reputation for excellence. We have an international reputation for the outstanding quality of our research and graduate training.
Would you like to undertake advanced study in quantitative analysis in an environment of research excellence? This popular course emphasises the foundations of econometrics and its application to a wide range of topics in economics.
This course has ESRC Doctoral Training Centre accreditation, meaning it can form part of a 1+3 funding opportunity worth up to £18,000 for talented postgraduates. The University is one of only 21 ESRC-accredited Doctoral Training Centres in the UK.
Among the compulsory modules, Estimation and Inference in Econometrics provides the statistical foundations for a variety of ways of testing economic hypotheses. It spans topics from the classical linear regression model, to the use of asymptotic methods in econometrics and classical hypothesis tests. Time Series Econometrics provides methods for analysing the dynamic processes that are often found in macroeconomics, while Empirical Methods of Economics and Finance introduces you to techniques for analysing stock market and other financial data. These modules combine to equip you for further study at the doctoral level or for a career in economic or business research.
“I am particularly concerned with social and economic inequality and I wanted to study economics so that I could improve my understanding of such issues and hopefully, to some extent, contribute to a better world.
I chose to do my MSc and then my PhD within the Department of Economics at the University of Essex as it is one of the top rated departments in economics and was recently ranked third in the UK. Furthermore, it is a strong department in applied labour economics and game theory, my areas of interest.
I highly value the academic environment of the Department. The benefit of a relatively small department is the high interaction among the members of stuff and the students. I also appreciate the multiculturalism of the University. It gives you the opportunity to mix with students who are coming from all over the world and have first-hand information on past and current international conflicts and issues.
I have not decided yet what to do when I finish my studies, as it depends on my thesis and its impact. I think that I would like to either continue in academia or work for an international organisation.”
“After my BA I worked as a research assistant at an Italian university. During that period I realised that I wanted to start a proper career in research, so applying for a PhD was therefore a natural choice. I decided to study at Essex because the Department of Economics is internationally famous for the quality of its researchers and particularly well known in my field of specialisation, labour economics.
I particularly liked the atmosphere in the Department. Staff were always willing to discuss research issues in a constructive and very informal way, so it was a very stimulating and enriching environment. I also appreciated the fact that Essex’s Department of Economics is very well connected with other universities in the UK and internationally. This means some of the best economists in the world come to Essex for seminars, conferences and workshops. For a PhD student, feeling part of such a vibrant community was an extremely motivational and rewarding factor.
One of my fondest memories of Essex is the spring and summer time, when the good weather made it easy to meet up with friends and colleagues on campus. I made some really good friends – and met my future wife – at the University.
After graduating, I started my career as an academic researcher and now work as research fellow at the University of Melbourne, in Australia. Having my PhD from Essex has been crucial for entering the academic job market. The Department’s staff were extremely helpful during the period in which I was looking for a job and their contributions were very important for successfully completing my studies and starting my new career."
The Department is able to offer a small number of awards under the University of Essex Scholarships Scheme. To be considered for one of these awards, applications for admission onto one of our Master's degree schemes should be received by the Department no later than 30 April 2010. Two applications are necessary: for admission to the University for an MSc scheme taught in the Department of Economics, and, separately, for one of the economics scholarships.
Value of Scholarship(s)
Variable, up to £5000
All students holding an offer to study an MSc in the Department of Economics are eligible to apply.
ESRC Doctoral Training Centre scholarships
For 2011-12, our ESRC Doctoral Training Centre will offer 16-fully funded ESRC studentships, most worth £18,000 per year, across over 20 doctoral pathways. The University of Essex has become one of only 21 Doctoral Training Centres accredited by the UK Economic and Social Research Council following a highly competitive selection process. Our Doctoral Training Centre will fund 16 doctoral students each year across many different social science disciplines. It also offers excellent training opportunities and a highly stimulating research environment to hundreds of postgraduate students, researchers, professionals, practitioners and users.
Value of Scholarship(s)
Up to £18,000
We encourage applications from top students seeking to research over a range of social science areas, including: criminology and socio-legal research; economic and social research; economics and econometrics; environmental governance; finance; health and organisational research; human rights; language and linguistics; management and accounting; politics and international relations; political economy; psychoanalytic studies; sociology and social change.