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Different course options

Study mode

Full time

Duration

1 year

Start date

SEP

Key information
DATA SOURCE : IDP Connect

Qualification type

MSc - Master of Science

Subject areas

Development Economics

Course type

Taught

Course Summary

Rapid technological change, an unprecedented drive towards globalisation of the world economy and the rapid expansion of world trade are among some of the changes affecting economic development today. In this context, local and regional economies increasingly need new responses and demand specialist skills to exploit the opportunities these changes offer. The MSc Local Economic Development, accredited by the Institute for Economic Development (IED), prepares you to meet these challenges.

You will focus on the variety of ways in which local and regional agencies can work with the private sector in order to stimulate local economies. You will also develop an understanding of the local, national and international trends in business organisation and a knowledge of the variety of local agents involved. The programme emphasises management issues of local capacity building, attracting investment, network building, infrastructure and human resources, and focuses as well on the rationale and impact of regional and local development policies and on the role of institutions.

The programme is targeted at two groups of students: first, those who have recently finished a first degree in a relevant discipline and want to develop specific skills and an understanding of local and regional economic development; second, managers of local economic development institutions who want to widen and deepen their existing knowledge. The MSc is also an ideal starting point for a career in economic development research.

Teaching methods

LSE is internationally recognised for its teaching and research and therefore employs a rich variety of teaching staff with a range of experience and status. Courses may be taught by individual members of faculty, such as lecturers, senior lecturers, readers, associate professors and professors. Many departments now also employ guest teachers and visiting members of staff, LSE teaching fellows and graduate teaching assistants who are usually doctoral research students and in the majority of cases, teach on undergraduate courses only.

Assessment

All taught courses are required to include formative coursework which is unassessed. It is designed to help prepare you for summative assessment which counts towards the course mark and to the degree award. LSE uses a range of formative assessment, such as essays, problem sets, case studies, reports, quizzes, mock exams and many others. Summative assessment takes the form of essays, debates, examinations and coursework.

Careers

Previous graduates are working in international organisations (eg the UN system [including ILO, UNDP, FAO], World Bank, OECD, European Union, World Trade Conference), national and regional governments, international consultancy, non-governmental organisations (NGOs), research centres and leading universities.

Modules

This course is aimed at understanding the micro foundations of local economic development, that is the determinants and effects of the behaviour, strategies and choices of key economic actors: local firms, both small and large, multinational enterprises, universities and other education and research organisations, government bodies, NGOs, and local communities. The study of different theoretical approaches, empirical evidence and implications of the behaviour of such actors, and their interactions and linkages, will help building up the analytical framework to interpret the genesis of localised economic systems, their dynamics and evolution over time and the policy options available, particularly, but not exclusively, from a bottom-up perspective. We will make use of an extended array of empirical examples and case studies across regions and industries, both in advanced and emerging economies, and consider the transferability of lessons and insights over space and time. The course is particularly concerned with place-sensitive approaches and locally initiated and managed processes which may involve a wide range of actors in shaping and implementing local economic development initiatives.

Tuition fees

UK fees
Course fees for UK students

For this course (per year)

15,816

International fees
Course fees for EU and international students

For this course (per year)

24,456

Entry requirements

Upper second class honours degree (2:1) or equivalent in social science (in the past mostly economics, development, sociology, geography, international relations and political science).