MSc Development Economics

The MSc Development Economics is the flagship Master's programme offered by the SOAS Economics Department.

It integrates two fundamental intellectual traditions that our unique Department has cultivated for decades: a rigorous pluralist theoretical approach to economics and a focus on real-world development issues using modern economic analytical tools.

If you are interested in understanding the complexities of the global economy, the economic challenges and opportunities confronting countries in the Global South and addressing issues such as poverty, inequalities, climate change and environmental breakdown, and other significant development challenges, the MSc Development Economics is the ideal choice for you.

Participants will delve into various schools of thought concerning economic growth and development, inflation, unemployment, inequality, money creation, climate change, and macroeconomic policy. The curriculum encompasses different perspectives on topics like market failures, the role of institutions and agents in the economy and government interventions. Students will explore theories and policies through institutional, historical, and pluralist lenses.

Optional regional modules provide an avenue for students to explore regional perspectives, aligning with the longstanding tradition of SOAS Economics. Furthermore, participants have the opportunity to specialise in one of three areas:

• Development Economics and International Finance
• Development Economics and the Environment
• Development Economics and Institutions

Why study MSc Development Economics at SOAS?

• We are ranked 27th in the UK for economics (QS World University Rankings 2023)
• We are top 20 in the UK for student satisfaction with teaching (Complete University Guide 2023)
• We are top 40 in the UK for economics (Complete University Guide 2023)
• SOAS is ranked 6th in the UK for employment outcomes (QS World University Rankings 2023)

Programme participants are eligible to apply for a co-supervised dissertation, collaborating with members of the Economics department and leading experts from international organisations. Such organisations include the World Bank, the International Trade Centre (ITC), the United Nations Industrial Development Organisation (UNIDO), the United Nations Conference on Trade and Development (UNCTAD) and the International Labour Organisation (ILO).

The MSc in Development Economics - and the critical approach to economic and development issues it provides - is a gateway to various job opportunities in international organisations, governments, NGOs and private companies. The advanced nature of the programme also serves as an excellent foundation for PhD studies.

Applicants with bachelor’s degree equivalent to 2:ii: CGPA: 55-60% or 5.5/10 - 6.0/10 from a good university will be considered for entry. We will consider all applications with a 2:2 (or international equivalent) in Economics and other Social Sciences (such as Politics, Sociology, Finance, Business, International Relations, Law), as well as Mathematics, Physics, Statistics, or Engineering. Applicants with professional qualifications or relevant professional experience will also be considered. Applicants will need to demonstrate they have studied Economic theory (including Macroeconomics and Microeconomics) and ONE of the following: Mathematics, Applied Mathematics, Quantitative Methods (Statistics or Econometrics). In addition to degree classification, we take into account other elements of the application such as supporting statement. References are optional but can help build a stronger application if you fall below the 2:2 requirement or have non-traditional qualifications.