The Department offers a suite of four programmes within a modular framework: -MSc Economics -MSc Energy Economics and Policy -MSc International Economics, Finance and Development -MSc Business Economics and Finance Our programmes train students in the application of economic methods to the analysis of real-world issues. Most graduates have gone on to follow careers as economists, particularly in areas relevant to their specialisation, such as the energy industry, multinational enterprises, financial institutions and development agencies, as well as in government departments. Others have wished to develop their research skills further by taking a PhD degree, and a number have gone on to academic positions across the world. The Department has interests and expertise in a wide range of areas, including international economics, energy economics, regulation, health, labour economics, labour relations, industrial organisation, econometrics and modelling, law and economics, and the history of thought and theories of market and state.
Entry Requirements Normally an Upper Second class degree in economics from a United Kingdom university, or an equivalent qualification, is required. However, in certain cases, applicants who have a joint degree in economics and a related discipline, but who have had a wide involvement in the field of their desired specialisation, may also be considered, as may graduates in mathematics, engineering and science. Applicants with non-standard qualifications may be invited for interview to discuss the programme before an offer is made. Overseas applicants who cannot attend for interview may be required to send in written material upon which they may be evaluated. Letters of reference are required from all applicants
MSc/PGDip in Economics
MSc/PGDip in Economics Module overview
This programme will provide you with a thorough training in the core areas of microeconomics, macroeconomics and econometrics. We aim to produce MSc graduates who are not only well trained technically, but also possess the ability to bring their analytical strengths to bear on applied issues. The programme will also provide you with training in research methodology and help you to develop the skills needed to undertake independent research in economics. The MSc in Economics provides a high degree of flexibility by allowing you to take options in both semesters from across our range of MSc programmes.
MSc Energy Economics and Policy
This programme of study aims to provide a thorough understanding of microeconomics, macroeconomics and econometrics. Building on these foundations, the programme focuses on economic and policy issues affecting the energy industry around the world. This programme provides students with a solid grounding in international oil and gas, natural resource and environmental economics, the general principles of regulation and energy modelling. Those wishing to work in policy making in the energy area, both in developed and developing countries, will find this programme particularly relevant. The programme will also provide you with guidance on appropriate research methodology and develop the skills required to undertake independent research in energy economics.
MSc International Economics, Finance and Development
This programme aims to provide a thorough understanding of microeconomics, macroeconomics and econometrics. Building on these foundations, it specialises in two related areas. The first area examines the interface between international trade and international business. It covers the operations of transnational companies, international investment and the international transfer of technology. The second area of specialisation focuses on international financial issues from the perspective of developing and emerging economies, and examines not only stabilisation, adjustment and economic liberalisation, but also the principal sources of external finance for developing countries. The programme will also provide you with training in research methodology and develop the skills required to undertake independent research.
MSc Business Economics and Finance
As well as providing a thorough grounding in the core areas of microeconomics, macroeconomics and econometrics, this programme provides specialist training in the two areas of business economics and finance. Modules in the Economics of the Firm and Human Resource Economics are primarily concerned with the importance of business issues in the study of economics and modern developments in personnel economics. The second area of specialisation focuses on the theory of finance and financial econometrics. The former will give you a thorough grounding in modern finance theory whilst the latter is directed towards the principal econometric techniques that have been applied to financial data. This programme seeks to provide you with knowledge and skills that are of immediate value in the job market, whilst also providing an excellent base from which to undertake further research.