Department of Economics

MSc Economics (2021 entry)

Select year of entry: 2021 2020

Overview

Overview and entry requirements

The MSc Economics equips you with the specialist knowledge that is necessary to answer key questions.

How will climate change affect economic policies in the Global North and the Global South? What is the future of fiscal policy and central banking? What are the economic effects of income and wealth inequality? What drives economic and financial crises? How does shadow banking affect financial stability? What is the role of game theory in economics? What are the gendered effects of recessions?

The programme provides unique training in both mainstream and heterodox theories and methods. It allows you to develop quantitative and qualitative skills and to apply these to a variety of contemporary economic issues.

Why study MSc Economics at SOAS

we are 12th in UK for course satisfaction Guardian League Tables 2021 and 5th in London Complete University Guide 2021
it provides rigorous training in both mainstream and heterodox economics
it makes explicit links between economic theories and the real world, using pluralist and political economy perspectives
it provides economic knowledge for specific regions, drawing on the rich regional expertise of SOAS
contemporary topics (like environmental policies and the gendered effects of monetary and fiscal policies) are incorporated in the core modules of the programme; they are not just taught in optional modules

Career paths

The SOAS MSc in Economics and the critical approach to economics that it provides is a gateway to various job opportunities in private companies, the government sector and international organisations. The advanced nature of the programme also serves as an excellent foundation for PhD studies.

Explore

Venue: Russell Square: College Buildings

Start of programme: September

Mode of Attendance: Full-time or Part-time

Entry requirements

We will consider all applications with 2: ii (or international equivalent) or higher in Economics. In addition to degree classification we take into account other elements of the application including supporting statement and references. All students must complete the Preliminary Mathematics and Statistics module which is taught over three weeks in August/September.

Featured events

duration:: One calendar year (full-time); two years (part-time, daytime only); three years (part-time, daytime only).

Fees 2021/22

UK fees:: £12,720

Overseas fees:: £21,750

Fees for 2021/22 entrants. This is a Band 4 fee. The fees are per academic year. Please note that fees go up each year. Further details can be found in the Fees and Funding tab on this page or in the Registry Postgraduate Tuition Fees page

Convenors

Dr Yannis Dafermos Convenor

Structure

Msc Economics consists of six core modules and two optional modules, each worth 15 credits. In addition, an MSc dissertation focusing on general economic theory, policy and or/the history of economic analysis accounts for 60 credits.

Dissertation

Module	Code	Credits	Term
Dissertation for MSc Economics	15PECC998	60	Full Year

Taught Component

Core Modules

All students will take the following core modules:

Module	Code	Credits	Term
Macroeconomics	15PECC005	15	Term 1
Microeconomics	15PECC006	15	Term 1
Advanced Microeconomics	15PECH021	15	Term 2
Advanced Macroeconomics	15PECH022	15	Term 2
Econometrics	15PECC008	15	Term 1
Advanced Macroeconometrics	15PECC045	15	Term 2

AND

Module	Code	Credits	Term
Essay Writing Workshop - Postgraduate Economics	15PECH031	0	Term 1

AND

Guided Options

All students will take optional modules to the value of 30 credits from the list of modules below. Students with a strong background in Econometrics have the option of not taking Econometrics (Term 1 core module) and taking instead optional modules to the value of 45 credits.

List of Modules (subject to availability)

Module	Code	Credits	Term
Political Economy of Development and Change in the Middle East	15PECC028	15	Term 1
China and World Development	15PECH023	15	Term 2
Economic development in the Asia Pacific region	15PECC030	15	Term 2
Economics of Environment and Development	15PECC048	15	Term 2
Financial Systems and Economic Development	15PECC036	15	Term 1
Gender Economics (PG)	15PECH026	15	Term 1
Global Economic Policy Analysis	15PECC063	15	Term 2
Green Finance	15PECH030	15	Term 2
Growth and Development	15PECC007	15	Term 2
International Finance	15PECC019	15	Term 1
Political Economy of Institutions	15PECC020	15	Term 1
Economic development of Africa (PG)	15PECH034	15	Term 2
Research Methods	15PECC040	15	Term 1

Programme Specification

MSc Economics Programme Specification (pdf; 163kb)

Important notice

The information on the programme page reflects the intended programme structure against the given academic session. If you are a current student you can find structure information on the previous year link at the top of the page or through your Department. Please read the important notice regarding changes to programmes and modules.

Teaching and Learning

Teaching & Learning

The MSc Economics consists of six core modules and two optional modules, each worth 15 credits. Four of the core modules cover microeconomic and macroeconomic theories, while the other two core modules give training in econometrics. In additions, an MSc dissertation focusing on general economic theory, policy and/or the history of economic analysis accounts for 60 credits.

The modules are taught in seminar groups and lectures. The degrees is awarded on the basis of assessed coursework, examinations and the dissertation.

Full or part time study

The MSc is taught over a period of twelve months of full-time study withing a structured programme. In case of part-time study, the degree will be taught over two or three years.

For a two year study, four modules are studied each year, with the dissertation normally being completed in the second year, while the number of modules taken is decided in consultation with the programme convenor for a three year study.

Contact hours

All Masters programmes consist of 180 credits, made up of taught modules of 30 or 15 credits, taught over 10 or 20 weeks, and a dissertation of 60 credits. The programme structure shows which modules are compulsory and which optional.

As a rough guide, 1 credit equals approximately 10 hours of work. Most of this will be independent study, including reading and research, preparing coursework, revising for examinations and so on. It will also include class time, which may include lectures, seminars and other classes.

Some subjects, such as learning a language, have more class time than others. In the Department of Economics, most postgraduate modules have a two hour lecture and a one hour seminar every week, but this does vary.

More information is on the page for each module.

Lectures

Most courses involve a 2-hour lecture as a key component with linked seminar or tutorial classes.

Seminars

At Masters level there is particular emphasis on seminar work. Students make full-scale presentations and are expected to write papers that often require significant independent work.

Dissertation

Students are required to complete an 10,000-word dissertation focusing on economic theory, policy and/or the history of economic analysis.

Pre Entry Reading

Preliminary Mathematics and Statistics Module

Our quantitative methods teaching begins with a three-week preliminary module in mathematics, statistics and computing. The objective of the module is to ensure the basic quantitative skills assumed once formal teaching commence. This module is compulsory. Further details please visit the Preliminary Mathematics and Statistics page.

Fees and funding

Tuition Fees

Full details of postgraduate tuition fees can be found on the Registry's Postgraduate Tuition Fees page.

This is a Band 4 tuition fee.

Fees for 2021/22 entrants. The fees below are per academic year. Fees go up each year, therefore, your tuition fee in your second & subsequent years of study will be higher. Our continuing students, on the same degree programme, are protected from annual increases higher than 5%.

Full-time		Part-time 2 Years		Part-time 3 Years
UK Students	Overseas Students	UK Students	Overseas Students	UK Students	Overseas Students
12,720	21,750	£6,360	£10,875	£4,240	£7,250

Scholarships

Felix Non- Indian Scholarship

Application Deadline: 2021-01-29 00:00