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MSc(Econ) Economics and Business

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  • Objectives
    The MSc(Econ) Economics and Business will open up a wealth of opportunities for its graduates, as training as an economist can be invaluable when looking for a fresh perspective on business problems. The programme is aimed primarily at those with a first degree in another discipline, but with a strong interest in economics as an aid to managers, and can be pursued by recent graduates or those with work experience. The programme content and structure have been designed to ensure that the MSc encapsulates current thinking and contemporary research. Students benefit from a programme which reflects the latest trends and industry requirements, laying particular emphasis on the needs of the employer.
  • Entry requirements
    Entry requirements: An Honours degree or equivalent and a good command of English as evidenced by IELTS (6.0), TOEFL (213 for the computer-based test and 79 for the internet-based test) or previous study in English. (Candidates who do not meet the language requirements may take an English course at the University prior to starting their programme.) Other qualifications, together with work experience, may also be acceptable. We also offer a pre-Masters programme. Information about this is available from the Admissions Service.
  • Academic Title
    MSc(Econ) Economics and Business
  • Course description
    COURSE CONTENT

    Throughout this programme, students will acquire a comprehensive understanding of those parts of economics most relevant to business, gaining insight into economic theory and its relevance to business. Students are trained in quantitative methods and the economic analysis of business data, and will explore the application of economic theory to a range of topical business issues. The programme introduces key concepts in microeconomics and macroeconomics: opportunity cost; strategic thinking; expectations and surprises; the relevance of marginal considerations and incentives, equilibrium, disequilibrium and stability; comparison of and selection from alternative economic models; and predicting the effect of government policies on markets and on the macroeconomy. It closes with a dissertation or project in which students put their training into practice, examining a research topic in depth with the aid of expert supervision.

    CORE MODULES

    -Economics for Business
    -Statistical Analysis of Economic Data
    -International Business Environment and Strategy
    -Current Issues in Business Economics
    -Professional Skills
    -Research Methods
    -Dissertation or project

    OPTIONAL MODULES

    -Two optional modules can be taken from the wide variety available across the Business School.

    FURTHER INFORMATION
    The programme is split into three semesters. The first two are teaching semesters and the third is spent working independently, with academic supervision, on the project or dissertation.

    ASSESSMENT
    Modules are assessed through a range of means, including coursework, examinations, presentations and group work, and all students complete a project or dissertation of 15,000–20,000 words.

    SPECIAL FEATURES
    Outside speakers further enhance the MSc programme and enliven modules by relating their real-world experiences to provoke fresh insights into business practice. Company visits also provide firsthand experience of the UK business environment, bringing theory to life. The academic programme is backed by extensive learning resources, a friendly and supportive study environment and a programme designed to foster both personal and career development

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