SOAS University of London

Department of Economics

MSc Political Economy of Development (2021 entry)

Select year of entry: 2021 2020

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

Overview

Overview and entry requirements

The unique MSc Political Economy of Development is designed for students whose first degree was only partially in economics or who have already studied a lot of economics and want to do an MSc that enables them to do a wider range of options.

Instead of the usual compulsory courses in micro, macro and econometrics (they are still available as options), this MSc has compulsory courses in institutional economics, development economics, research methods and statistical techniques.

If you want to benefit from pluralist theoretical training in institutional economics and development economics, are interested in understanding how inequalities, corruption and climate change affect economic development, and want to apply policies to real world economic issues in the Global South, the MSc in Political Economy of Development is ideal for you. 

See Department of Economics

Why study MSc Political Economy of Development 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 Political Economy of Development and the pluralist approach to real world economic and development issues will prepare students to work in international organisations, government, business and finance, and NGOs. The research training in political economy and economics also serves as an excellent foundation for PhD studies.

Explore

Venue: Russell Square: College Buildings

Start of programme: September intake only

Mode of Attendance: Full-time or Part-time

Entry requirements

  • We will consider all applications with 2:ii (or international equivalent) or higher. In addition to degree classification we take into account other elements of the application including supporting statement and references.

Featured events

duration:
One calendar year (full-time) Two or Three years (part-time, daytime only). We recommend that part-time students have between two and a half and three days free in the week to pursue their course of study.

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

Structure

Structure

Students registered for this MSc must take all the core courses listed below.

Dissertation

Module Code Credits Term
Dissertation for MSc Political Economy of Development 15PECC988 60 Full Year

Taught Component

Core Modules

All students will take the following four core modules:

Module Code Credits Term
Growth and Development 15PECC007 15 Term 2
Essay Writing Workshop - Postgraduate Economics 15PECH031 0 Term 1
Political Economy of Institutions 15PECC020 15 Term 1
Statistical Research Techniques 15PECC039 15 Term 2
Research Methods 15PECC040 15 Term 1
Guided Options

All students will take modules to the value of 60 credits from list of options (below)

List of Modules (subject to availability)

Module Code Credits Term
Political Economy of Development and Change in the Middle East 15PECC028 15 Term 1
Economic development in the Asia Pacific region 15PECC030 15 Term 2
China and World Development 15PECH023 15 Term 2
Economics of Environment and Development 15PECC048 15 Term 2
Financial Systems and Economic Development 15PECC036 15 Term 1
Global Economic Policy Analysis 15PECC063 15 Term 2
Green Finance 15PECH030 15 Term 2
International Finance 15PECC019 15 Term 1
Macroeconomics 15PECC005 15 Term 1
Microeconomics 15PECC006 15 Term 1
Gender Economics (PG) 15PECH026 15 Term 1
Economic development of Africa (PG) 15PECH034 15 Term 2

 

Programme Specification

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 includes eight taught modules plus a preliminary module in Mathematics and Statistics and an 10,000-word dissertation.

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.

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

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 econometrics courses are designed to be accessible to all of our students including those with a relatively small quantitative component in their first degree.

Preliminary Mathematics and Statistics course

Our well-received econometrics modules 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 on the Preliminary Mathematics and Statistics course.

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
Commonwealth Shared Scholarships

Application Deadline: 2021-04-09 00:00

Felix Non- Indian Scholarship

Application Deadline: 2021-01-29 00:00

Felix Scholarships

Application Deadline: 2021-02-15 00:00

International Postgraduate Scholarship – East Asia

Application Deadline: 2021-05-31 00:00

International Postgraduate Scholarship – Europe

Application Deadline: 2021-05-31 00:00

International Postgraduate Scholarship – India

Application Deadline: 2021-05-31 00:00

International Postgraduate Scholarship – Pakistan

Application Deadline: 2021-05-31 00:00

SOAS Master's Scholarships

Application Deadline: 2021-04-30 00:00

Sasakawa Postgraduate Studentship

Application Deadline: 2021-03-08 00:00

Tibawi Trust Award

Application Deadline: 2021-06-04 00:00

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

Employment

Employment 

A postgraduate degree in Political Economy of Development 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.  Graduates will develop their regional expertise as well as an advanced understanding of issues of development in their political and economic context.

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 Political Economy of Development 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.

Find out more about Postgraduate Destinations

Careers

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

  • African Development Bank
  • Cabinet of the Deputy Prime Minister
  • Centre for Economic Policy Research (CEPR
  • Department For Communities And Local Government
  • Department for International Development
  • Department of Foreign Affairs
  • Emerging Markets Direct
  • European Commission
  • Federation of the Indian Chambers of Commerce and Industry
  • Ghana Education Service
  • Government of Pakistan
  • HM Treasury
  • Institute for Social and Economic Studies (IESE)
  • International Climate Change Economics
  • Ministry of East African Community Affairs
  • National Bank of Bahrain
  • Overseas Development Institute
  • Royal Embassy of Saudi Arabia
  • The National Economics University
  • UNICEF
  • United Nations Development Programme
  • World Bank

Roles 

Types of positions SOAS Economics graduates have gained include:

  • Barrister
  • Development Economist
  • Broadcast Journalist
  • Fair Trade Producer Support Manager
  • Latin America Country Risk Analyst
  • Economic Adviser
  • Senior Policy Officer
  • Deputy Commissioner
  • Research Fellow
  • Advocacy Officer
  • Consultant - Development Sector Practice
  • Senior Policy Economist
  • ODI Fellow
  • Research Officer
  • Communications and Knowledge Management Specialist
  • Operations Manager
  • Web Writer & Founder

See our Careers Service

A Student's Perspective

While being lectured in class by world experts in the field of development, SOAS events have also allowed me to hear and meet some of the originators of many of the ideas taught in class! Being at SOAS almost feels like being seated at the forefront of policy debate and this is what I enjoy the most.

Anita Nwachukwu

Apply

Find out more