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International Economics - MSc


Course Description

Would you like to develop expertise in theoretical and applied issues of international economic relations?

Our MSc International Economics gives you this knowledge, plus a critical awareness of the integration of theory, data, and analysis in relation to international economics. You are equipped with the skills for a career in international organisations engaged in business and finance, or in government and non-governmental organisations concerned with global development and international trade.

Your modules provide you with an overview of the causes and effects of globalisation in the world economy with applications to issues such as foreign direct investment. You investigate topics such as:
-Trade theory in different economic settings with different market structures
-Patterns of trade and trade policies such as tariffs and quotas
-Preferential trade agreements
-Macroeconomic adjustment, exchange rates and the balance of payments when capital markets are integrated across the globe

We are top 5 in the UK for research, with over 90% rated as “world-leading” or “internationally excellent”. Much of this world-class research is related to policy, and we have particular strengths in the areas of:
-Game theory and strategic interactions
-Theoretical and applied econometrics
-Economic policy

The quality of our work is reflected in our stream of publications in high-profile academic journals, including American Economic Review, Econometrica, and Review of Economic Studies.

Professional accreditation

Our University is one of only 21 ESRC-accredited Doctoral Training Centres in the UK.

This means that our course can form part of a prestigious 1+3 funding opportunity worth up to £21,575.

Our expert staff

Study and work alongside some of the most prominent economists of our time.

Our researchers are at the forefront of their field and have even received MBEs, with students coming from across the globe to study, research or work with us.

Many of our researchers also provide consultancy services to businesses in London and other major financial centres, helping us to develop research for today's society as well as informing our teaching for the future.

Specialist facilities

Take advantage of our wide range of learning resources to assist you in your studies:
-Extensive software for quantitative analysis is available in all computer labs across the university
-Access a variety of economics databases and multiple copies of textbooks and e-books in the Albert Sloman Library

Your future

After completing your masters, you may wish to extend your knowledge with a research degree –many Essex graduates decide to stay here for further study.

Alternatively, our course also prepares you for employment; recent surveys have shown that higher degree graduates are more likely to obtain jobs at professional or managerial level.

On our course you gain key employability skills including statistical analysis, mathematical techniques, research skills and a good understanding of the international system. Recent graduates of MSc International Economics have found employment as a consultant for the World Bank and as a climate change economist for HM Treasury.

More generally, our graduates find employment in roles such as business and financial analysts, management consultants, government officials, and economists for banks and other financial organisations.

We also work with the university’s Employability and Careers Centre to help you find out about further work experience, internships, placements, and voluntary opportunities.

Example structure

-Dissertation
-Econometric Methods
-International Finance
-International Trade
-Mathematical Methods
-Applications of Data Analysis (optional)
-Economic Development Theory (optional)
-Economics of Financial Markets (optional)
-Economics of Incentives, Contracts and the Firm (optional)
-Economics of the European Union (optional)
-Economics of Transition (optional)
-Environmental Economics (optional)
-Estimation and Inference in Econometrics (optional)
-Game Theory and Applications (optional)
-Macroeconomics (optional)
-Market Structure and Strategic Behaviour (optional)
-Microeconometrics
-Microeconomics (optional)
-Panel Data Methods (optional)
-Political Economy
-Theory of Industrial Organisation (optional)
-Time Series Econometrics (optional)
-Topics in Financial Economics (optional)

Visit the International Economics - MSc page on the University of Essex website for more details!

(Student Profile)

Mariña Fernández Salgado

“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.”

(Student Profile)

Domenico Tabasso

“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."


(Scholarship)

University of Essex Scholarship - 4 Awards

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

Eligibility

All students holding an offer to study an MSc in the Department of Economics are eligible to apply.

Application Procedure

In addition to an application for admission to the University, consideration for an economics scholarship requires completion and submission of an application form, which is available at http://www.essex.ac.uk/economics/prospective/pg/MScFunding.asp

Further Information

http://www.essex.ac.uk/economics/prospective/pg/MScFunding.asp


(Scholarship)

ESRC Doctoral Training Centre scholarships - 16 Awards

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

Eligibility

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.

Application Procedure

For more information, please visit our website: http://www.essex.ac.uk/studentfinance/pg/government_support/esrc.aspx

Further Information

http://www.essex.ac.uk/studentfinance/pg/government_support/esrc.aspx



Entry Requirements


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