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Faculty of Economics

 

MPhil in Economics - Home

This master’s degree is intended to equip you with the tools needed by a professional economist. The degree will give the technical training required to undertake a career in government, central banking, international organisations or private sector firms such as economic consultancies.

The Course will provide a broad analysis of macroeconomics and will contain a mix of theory, policy and empirical evidence. Microeconomics will cover the standard economic models of individual decision-making with and without uncertainty, models of consumer behaviour and producer behaviour under perfect competition and the Arrow-Debreu general equilibrium model. Econometrics will give a solid understanding of basic applied econometric methods in order to be able to analyse different kinds of economic data.

Study


To obtain the degree of MPhil in Economics, students need to:

 

  • Attend the preparatory course in mathematics and statistics. The prep course runs from early-September to early October. Its aim is to review and develop the required technical methods for the compulsory core modules in macroeconomics, microeconomics, and econometrics. The topics covered are: linear algebra; statistics; static optimisation; dynamic optimisation; differential and difference equations. Students are expected to pass a two hour examination at the end of this preparatory course.
Course Requirements
  • Candidates are required to attend and be assessed on 3 compulsory modules and 4 optional modules. Compulsory modules consist of both lectures and classes.
    Please note that this course does not have a dissertation option.
 

Assessment


Examination of the Modules will take place in April-June.

Continuation to PhD


Continuation to PhD

The MPhil in Economics is designed for students who wish to obtain a one-year master's qualification before leaving academic economics.