All the courses offered by the Department of Economics approach the subject matter from a development perspective. Students on the MSc Development Economics will complete courses on Macroeconomics, Microeconomics, Econometrics and Growth and Development. In addition, students must take three optional courses and complete a dissertation in an area of applied economics.
The objectives of the programme are:

• To enable students to apply the principles of economic analysis to the design of economic policy
• To teach postgraduates the technical and analytical skills to qualify them to practice as professional economists
• To enable practicing professional economists to improve and update their skills and knowledge
• To impart the skills and knowledge that enable students to progress towards PhD research

Students will benefit from studying with experts in development economics within the Department. More broadly, students will benefit from the Department's Political Economy of Development seminar series and other open lectures offered in the School.

All students are required to complete the compulsory preliminary course in Mathematics and Statistics (including Computing) to begin studying on this programme. This course is taught over a three week period from the beginning of September covering mathematics, statistics and computing. For further information about this course including a timetable please see here: Preliminary maths and Statistics Course

Student Profile

Venue: Russell Square: College Buildings

Start of programme: September intake only

Mode of Attendance: Full-time or Part-time

The MSc Development Economics is a taught Masters degree, taught within a structures programme being obtained mainly by research and dissertation. It consists of eight course modules delivered through lectures, classes, and tutorials and an 10,000-word dissertation. The degree is awarded on the basis of examinations written in May and a dissertation which is submitted in September. All students must complete and pass the Basic Mathematics and Statistics course which is taught over three weeks in August/ September before the start of the core courses of the MSc.

The structure of the modules for this programme is similar to the MSc Economics with reference to a certain area courses except that students have three modules for their options. A complete list of courses in the programme is listed below, not all of which are offered in any single year. Please note that some courses may be taught in other departments of the School. CORE All students need to choose eight courses from the list below. A 10,000-word dissertation on an approved topic is compulsory and is in addition to the taught courses.

Students with strong econometrics background may follow an alternative combination of quantitative modules allowing them to take both Advanced Econometrics A and Advanced Econometrics B without having to complete Econometrics first. Students who wish to apply for this alternative quantitative structure must contact the convenor of Econometrics prior to taking the Preliminary examination. Applicants will undertake an assessment during the Welcome week based on examination papers of previous years' Econometrics.

Dissertation

Taught Component

Core Modules

All students will take the following five core modules:

Compulsory Modules

All students will take EITHER  Advanced Macroeconometrics (previously Advanced Econometrics A) OR Advanced Microeconometrics (previously Advanced Econometrics B)

Guided Options

All students will take the modules to the value of 45 credits from list of modules (below)

Taught Component for students with a strong background in Econometrics

For students with a strong background in Econometrics, the following alternative combination of modules is available; they will take both Advanced Econometrics A and Advanced Econometrics B without having to complete Econometrics first and will take all the core modules listed above.  

Guided Options

All students will take the modules to the value of 45 credits from list of modules (below)

List of Modules (subject to availability)

Note: Advanced Macroeconometrics and Advanced Microconometrics can be chosen as an option if not taken as a core module.

Programme Specification

• MSc Development Economics Programme Specification 2018/19 (pdf; 265kb)

Important notice

Teaching & Learning

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

The 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. Four modules are studied each year, with the dissertation normally being completed in the second year.

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 modules 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 a 10,000-word dissertation in applied economics.

Learning Resources

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.

Pre Entry Reading

Preliminary Mathematics and Statistics Course

Our MSc programmes attract students with a wide range of backgrounds including many who have worked for a few years before coming to SOAS. Our popular quantitative courses are designed to be accessible to all of our students including those with a relatively small quantitative component in their first degree. Our well-received quantitative courses focus on applying basic methods used in empirical research. They equip students to carry out their own high quality empirical work and critically evaluate research, with relatively little emphasis on advanced econometric theory and mathematical proofs.

Our econometrics teaching begins with a three-week preliminary course in mathematics, statistics and computing.  The objective of the course is to review the basic quantitative skills assumed once formal teaching commences. This course is compulsory. Further details.

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 2020/21 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%.

Scholarships

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

A postgraduate degree in Development Economics from SOAS equips students with a range of important skills to continue in the field of research as well as a portfolio of widely transferable employability skills valued by a wide range of employers. These include numeracy, analytical thinking and general skills such as organisation and effective communication skills. In addition the study of Economics gives students particular problem solving skills including: abstraction, analysis, quantification, strategic thinking and adaptability. 

Postgraduate students from the SOAS MSc in Development Economics have followed successful have followed successful careers in both academic work and also in international banking and financial analysis, in national governments in many parts of the world, in international development agencies and in a range of non-government
organisations. A postgraduate degree is a valuable experience that provides students with a body of work and a diverse range of skills that they can use to market themselves with when they graduate.

Graduates have gone on to work for a range of organisations including:

Types of roles that graduates have gone on to do include:

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

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