SOAS University of London

Department of Economics

MSc Global Economic Governance and Policy


Fees 2017/18

UK/EU fees:
£10,995
Overseas fees:
£18,790

Fees for 2017/18 entrants. This is a Band 3 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

2017 Entry requirements

  • Minimum Entry Requirements: Upper Second Honours degree in a relevant subject or discipline (UK), CGPA 3.3 for universities with a selective entry policy and CGPA 3.5 for universities with a non-selective entry policy, equivalent undergraduate degree classification from other countries. Relevant professional experience will be taken into consideration.

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  • Overview
  • Structure
  • Teaching and Learning
  • Fees and funding
  • Employment
  • Apply

Overview

Start of programme: September intake only

Mode of Attendance: Full Time or Part Time

Who is this programme for?:

  • professionals with a strong interest and need in gaining a thorough academic foundation in, and understanding of, current developments in the area of global economic governance.
  • graduate students from other disciplinary backgrounds wishing to further their understanding of global economic policy issues and debates through systematic academic study.
  • economics graduate students wishing to specialize in global economic policy and governance.

Prior knowledge of economics is not a requirement.

The MSc Global Economic Governance and Policy is the most recent addition to the Department of Economics’ portfolio of masters programme. The programme builds on the department’s unique combination of expertise – in policy analysis, regional economics and critical theoretical perspectives – to provide students with an in-depth understanding of core policy debates in the area of global economic governance.  Specifically, the programme focuses on:

  • global economic governance: It offers in-depth specialisation in this area of wider global governance.
  • economic policy: It provides high-level training in the understanding and critical evaluation of economic policy issues, design and solutions, their foundation in the evolution of economic theory and methods, as well as critical discussion of the application of policy design to real-world problems, such as issues of implementation and monitoring.
  • regional specificities within the global economy: It provides a differentiated analysis of problems of global economic governance from a range of regional perspectives, in advanced as well as developing country regions.

The programme is taught through two dedicated core courses (Global Economic Governance I: Global Economic Policy Debates and Analysis and Global Economic Governance II: Institutional and Governance Debates on Economic Development and Growth). In addition, students can choose from a wide range of optional courses and will write a 10.000 word dissertation.

All students wishing to take optional module(s) in the School of Law but do not have an undergraduate Law degree must complete an intensive two-week preliminary module in Law and Legal Method which is taught from 11 September - 22 September 2017The School of Law preliminary module fee for 2017/18 is £350.   For further information about this module please see here: Preliminary Law, Legal Reasoning and Legal Methods or contact Professor Makeen Makeen if you have queries about this module and the entry requirements.

Convenors

Structure

The MSc in Global Economic Governance and Policy is a new Masters programme designed for professionals and postgraduate students, with or without a prior background in economics, who wish to gain a focused and in-depth understanding of contemporary economic governance and policy debates from an Economics perspective.


The MSc is taught through four dedicated core modules. The first, Global Production and Industrial Policy (15PECH027), introduces students to the analysis of the global production (and trade) system, its evolution, structure and interdependencies, as well as the ways in which industrial policies have an impact on these systems. International economics, theories of the growth of the firm and industrial organisation, technological change and innovation, are selectively introduced to disentangle value creation, capture and distribution dynamics both within and across countries. The economics of industrial policy (its designing principles, governance mechanisms and evaluation techniques) are analysed in a comparative framework by reviewing the global (and historical) variety of industrial policy approaches, models and packages. Particular emphasis is assigned to the study of technology and financial infrastructures.

The second module, Global Economic Policy Analysis (15PECC063) introduces students to core policy debates on global economic governance and different theoretical perspectives on economic policy design. Students will achieve a thorough understanding of different theoretical perspectives on economic policy tools and processes, the history of international policy regimes and of core areas of current global economic policy debates.

The third module, Political Economy of Institutions (15PECC020), introduces students to the economics of institutions and the role of political economy in understanding institutional performance in developing countries. This covers the growing interest and literature on institutions and institutional economics,, the institutions of capitalism and the transition to capitalism, the role of property rights, firms and property right stability during this transition. The course will deal with both the “new institutional economics” approaches to these questions and alternative approaches based on a comparative historical analysis and the implications for institutional policy in transition and developing countries.

Finally, the fourth module, Institutions and Governance (15PECC064), is designed to make students aware of the policy implications of current institutional economics and governance debates on issues affecting catching-up economic development and global growth based on a thorough understanding of the theoretical underpinnings of competing policy positions. Topic covered will include the role of the state, rents in economic development, different strategies of catching up, the role of democracy and of authoritarianism in economic transitions, problems of corruption and anti-corruption strategies. Core learning outcomes include a thorough understanding of competing policy positions on these aspects of global economic governance and the underlying theoretical underpinnings of these positions.

In addition, students will choose up to four optional modules (depending on the weight of the options, see the list below), from across a range of SOAS departments plus a 10,000 word dissertation.


Students can, but do not have to, choose a course structure that, in addition to the programme’s focus on policy analysis and training, provides research methods training, for instance if they are interested in doing a PhD. If students are interested in this “research track”, among their four optional modules they have to choose the following two: Statistical Research Techniques (15PECC039); Research Methods (15PECC040).

Core Modules
Module Code Credits Term Availability
Global Production and Industrial Policy 15PECH027 15 Term 1
Global Economic Policy Analysis 15PECC063 15 Term 1
Institutions and Governance 15PECC064 15 Term 2
Political Economy of Institutions 15PECC020 15 Term 2
Dissertation in Global Economic Governance and Policy 15PECC996 60 Full Year
Economics Department

MSc GEGP students will be eligible to take any of the post-graduate courses offered in the Economics Department, pending permission by the course convenors on the basis of the students’ prior academic qualifications in economics.

Optional Modules

MSc GEGP students can choose either from a combination of 30 credit modules or 15 credit modules from the following list of modules by department to make up a total of 60 credits. The availability of open option courses in other FL&SS departments from the below list is conditional on the approval of individual course convenors as well as the usual restrictions with regard to pre-requisites, timetable compatibilities and availability of individual courses in any one academic year. Students should note that some courses are capped in terms of student numbers, and that students from home departments will be given priority in case the relevant caps are reached. All law courses are open only for students with an LLB or who take the Law pre-sessional course offered by the School of Law at SOAS.

15 credit module options
Economics
Module Code Credits Term Availability
Applied economics of the Middle East 2 15PECC029 15 Term 1
China's Economic Transformation 15PECH024 15 Term 1
China and World Development 15PECH023 15 Term 2
Economic Development of Japan 15PECH025 15 Term 1
Economic development of South Asia a) the macroeconomy 15PECC026 15 Term 1
Economic development of South Asia b) major sectors & the internationa 15PECC027 15 Term 2
Economic development of the Asia Pacific region 2 15PECC031 15 Term 2
Economic development of the Asia Pacific region 1 15PECC030 15 Term 1
Economics of environment and development 15PECC048 15 Term 2
Financial systems and economic development 15PECC036 15 Term 1
Growth and Development 15PECC007 15 Term 1
Development Studies Department
Module Code Credits Term Availability
Aid and Development 15PDSH027 15 Term 1
Agrarian Development, Food Policy and Rural Poverty 15PDSH026 15 Term 1
Borders and Development 15PDSH023 15 Term 2
Civil society, social movements and the development process 15PDSH001 15 Term 1
Development Practice 15PDSH013 15 Term 2
Extractive Industries, Energy, Biofuels and Development in a Time of Climate Change 15PDSH048 15 Term 1
Famine and food security 15PDSH022 15 Term 2
Issues in Forced Migration 15PDSH015 15 Term 2
Gender and Development 15PDSH010 15 Term 1
Global Commodity Chains, Production Networks and Informal Work 15PDSH024 15 Term 2 Not Running 2017/2018
Global Health and Development 15PDSH051 15 Term 2 Not Running 2017/2018
Migration and Policy 15PDSH029 15 Term 1 Not Running 2017/2018
Natural resources, development and change: putting critical analysis into practice 15PDSH031 15 Term 2
Problems of Development in the Middle East and North Africa 15PDSH019 15 Term 2
Security 15PDSH020 15 Term 1
The working poor and development 15PDSH030 15 Term 2 Not Running 2017/2018
Understanding Economic Migration: Theories, Patterns and Policies 15PDSH032 15 Term 2 Not Running 2017/2018
School of Finance and Management
Module Code Credits Term Availability
International human resource management 15PFMC078 15 Term 1
International management 15PFMC072 15 Term 1
International Marketing 15PFMC080 15 Term 1
Management in China 1 - domestic perspectives 15PFMC067 15 Term 1
Management in China 2 - international perspectives 15PFMC068 15 Term 2
Management in Japan I 15PFMC018 15 Term 1
Risk management 15PFMC071 15 Term 1
Topics in the Chinese economy 15PFMC075 15 Term 1
Foundations of International Law 15PLAH021 15 Term 2
Conflict, rights and justice 15PPOH018 15 Term 1
International Politics of Human Rights 15PPOH026 15 Term 2
State and Society in Central Asia and the Caucasus 15PPOH022 15 Term 1
The Law & Politics of State Violence: An Interdisciplinary Perspective 15PPOH034 15 Term 2
Development Studies Department
Module Code Credits Term Availability
Aid and Development 15PDSH027 15 Term 1
Borders and Development 15PDSH023 15 Term 2
Development Practice 15PDSH013 15 Term 2
Environment, Governance and Development 15PDSH050 15 Term 1 Not Running 2017/2018
Extractive Industries, Energy, Biofuels and Development in a Time of Climate Change 15PDSH048 15 Term 1
Famine and food security 15PDSH022 15 Term 2
Gender and Development 15PDSH010 15 Term 1
Global Commodity Chains, Production Networks and Informal Work 15PDSH024 15 Term 2 Not Running 2017/2018
Global Health and Development 15PDSH051 15 Term 2 Not Running 2017/2018
Issues in Forced Migration 15PDSH015 15 Term 2
Migration and Policy 15PDSH029 15 Term 1 Not Running 2017/2018
Natural resources, development and change: putting critical analysis into practice 15PDSH031 15 Term 2
Neoliberalism, Democracy and Global Development 15PDSH054 15 Term 1
Civil society, social movements and the development process 15PDSH001 15 Term 1
Security 15PDSH020 15 Term 1
The working poor and development 15PDSH030 15 Term 2 Not Running 2017/2018
Water Resources: Justice and Governance 15PDSH041 15 Term 1
30 credit module options
Economics
Module Code Credits Term Availability
The economic development of South East Asia 15PECC004 30 Full Year Not Running 2017/2018
Development Studies Department
Module Code Credits Term Availability
Political economy of violence, conflict and development 15PDSC003 30 Full Year
Theory, policy and practice of development 15PDSC001 30 Full Year
School of Law
Module Code Credits Term Availability
International and Comparative Corporate Law 15PLAC116 30 Full Year
International and Comparative Copyright Law: Copyright in The Global Village 15PLAC115 30 Full Year
Law, Environmental and Sustainable Development in a Global Context 15PLAC118 30 Full Year
Multinational Enterprises and The Law 15PLAC140 30 Full Year
Law and Natural Resources 15PLAC126 30 Full Year
Politics
Module Code Credits Term Availability
Government and politics in Africa 15PPOC205 30 Full Year
Government and politics of modern South Asia 15PPOC003 30 Full Year
Government and politics of modern South East Asia 15PPOC247 30 Full Year
International politics of East Asia 15PPOC251 30 Full Year
International politics of the Middle East 15PPOC027 30 Full Year
Northeast Asian politics: Japan, Korea and Taiwan 15PPOC253 30 Full Year
Politics of Globalisation and Development in Asia and Africa 15PPOC017 30 Full Year
State and society in the Chinese political process 15PPOC012 30 Full Year
State & society in Asia & Africa 15PPOC008 30 Full Year
Taiwan's politics and cross-strait relations 15PPOC252 30 Full Year

 

This is the structure for 2017/18 applicants

If you are a current student you can find structure information on Moodle or through your Faculty.

Programme Specification

Disclaimer

Teaching and Learning

Materials

SOAS Library
SOAS Library is one of the world's most important academic libraries for the study of Africa, Asia and the Middle East, attracting scholars from all over the world. The Library houses over 1.2 million volumes, together with significant archival holdings, special collections and a growing network of electronic resources.
Access to other London Universities will be provided, where relevant to specific courses.

Teaching & Learning

Courses are taught in lectures and tutorial groups. Degrees are awarded on the basis of assessed coursework, examinations and the dissertation. Courses are generally assessed on the basis of a final examination (70%) and an essay or project-based coursework (30%). MSc degrees are taught over a period of twelve months of full-time study within a structured programme. In the case of part-time study, the degrees will be taught over two or three years.

Learning Outcomes

Knowledge

  • Students will learn about core policy debates on global economic governance.
  • Students will study the current institutional and organisational architecture of global economic policy-making and governance.
  • Students will have an opportunity to gain a deeper understanding of differing economic theories and methods, and of how these relate to economic policy debates and designs in the area of global economic governance.
  • Students will study regionally specific economic policy challenges in the context of the evolution of the global economy, and will have an opportunity to gain a deeper understanding of different regional perspectives on global economic governance.
  • Students will be trained in the understanding and use of economic policy tools and design, as well as issues of policy implementation and monitoring.
  • Students taking the research pathway of the MSc GEGP will acquire sound knowledge of statistical research techniques and economic research methods.
    Intellectual (thinking) skills
  • Students will learn to develop intellectual initiative and to analyse, evaluate and reflect critically on current research in the area of global economic governance.
  • Students will acquire the ability to discriminate between competing economic theories and methods underlying the design of global economic policies, and to critically appraise the policy implications of these differing approaches.
  • Students will learn to apply theoretical, empirical and technical knowledge about core features of current global economic governance to practical policy analysis through coursework and the dissertation.
  • Students will have an opportunity to translate a complex understanding of issues in global economic governance into reform proposals, and to learn how to present these in an articulate, informed and coherent manner.

Subject-based practical skills

  • Students will learn how to gather, organise and employ data, information and evidence for economic policy analysis and design in the area of global economic governance.
  • Students will gain the ability to critically assess economic policy tools and to design economic policy proposals in a case study context.
  • Students will learn how to identify core problems in economic policy design, implementation and monitoring
  • Students will acquire the ability to marshal arguments lucidly, coherently and concisely to present core analyses and policy messages or suggestions in clear language (written and verbal).
  • Students taking the research pathway of the MSc GEGP will learn how to apply one or more research methods systematically to a chosen topic or project.

Transferable skills

  • Students will be able to analyse, evaluate and reflect critically on information received.
  • Students will learn how to present ideas coherently and concisely, in writing and orally, extracting key elements from complex information.
  • Students will be given the opportunity to engage with independent research on well defined tasks or topics.
  • Students will learn how to identify policy problems and design solutions, selecting and applying competing theories and methods appropriately.
  • Students will gain an understanding of how to gather, organise and deploy data and evidence to form a balanced judgement and to develop and support critical argument and policy recommendations. S
  • Students will have an opportunity to present written and oral materials clearly and effectively and to engage constructively with feedback.

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 3 tuition fee.

Fees for 2017/18 entrants. The fees below are per academic year. Please note that fees go up each year. 

Full-timePart-time 2 YearsPart-time 3 Years
UK/EU
Students
Overseas
Students
UK/EU
Students
Overseas
Students
UK/EU
Students
Overseas
Students
£10,995 £18,790 £5,498 £9,395 £3,665 £6,263
Scholarships
Felix Non- Indian Scholarship

Application Deadline: 2017-01-31 17:00

Felix Scholarships

Application Deadline: 2017-01-31 17:00

John Loiello AFSOAS FISH Scholarship

Application Deadline: 2017-02-22 17:00

Sasakawa Postgraduate Studentship

Application Deadline: 2017-02-22 17:00

The Prospect Burma Scholarship

Application Deadline: 2017-02-22 17:00

For further details and information on external scholarships visit the Scholarships section

Employment

The MSc Global Economic Governance and Policy is a new programme, starting in 2016/17.

Students enrolling in this programme will return to or pursue careers in a wide range of positions in public, private and non-governmental project management and policy advice, for which a thorough understanding of on-going issues in global economic governance is essential.

This includes, for example, government officials from developing and advanced countries whose remit requires a wider understanding of global economic governance issues; employees of international organisations whose remits are not primarily concerned with economic policy-making, but increasingly require a thorough understanding of global economic governance issue to co-ordinate their approaches with those of other national and international organizations; private sector managers and consultants requiring a systematic understanding of current economic crises and imbalances in the world economy as well as regulatory approaches to this; employees of NGOs working in areas affected by current global economic crises and imbalances and policy responses to these; graduate students wishing to build a career in any of the above, and economics graduates with a special interest in global economic policy debates and design.

For more information about Graduate Destinations from this department, please visit the Careers Service website.

A Student's Perspective

There were several reasons for selecting SOAS; the great reputation of the University of London academic programmes; the flexibility of the learning approach; and the global focus of the case studies used in each module.

Wylie Tolette

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