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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.


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.


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.