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Key information
DATA SOURCE : IDP Connect

Qualification type

MSc - Master of Science

Subject areas

Economics

Course type

Taught

Course Summary

This course is designed to provide you with rigorous training in theoretical and applied economics. It is suitable for students who either intend to pursue doctoral studies or are planning a career as research economists in academia, the public sector, international institutions, economic consulting, the financial industry, think tanks, or other research centres. Unique features of the MSc in Economics are: Degree provides a solid grounding in modern economics; Comprehensive two-semester sequences in macroeconomics, microeconomics, and econometrics that cover the essential models and tools used by research economists; Training in relevant mathematical and statistical methods and how to conduct, assess, and supervise both theoretical and applied research in the field. This degree is ideal for those planning a career as a research economist in academia, the public sector, international institutions, economic consulting, the financial industry, think tanks, or other research centres.

Different course options

Study mode

Full time

Duration

1 year

Start date

SEP-19

Modules

This is semester 1 module. This module deals with the long-run growth of GDP and its short-run fluctuations. We start by analysing the traditional models of economic growth theory, ie the Solow-Swan model and the Ramsey-Cass-Koopmans model. Within the framework of these models we study the central questions of growth theory as well as the effects of government expenditure on macroeconomic variables. Then we discuss the most important ideas of endogenous growth theory, including research and development, human capital formation, and knowledge creation. The second part of the module deals with two classes of theories of aggregate fluctuations, ie real-business-cycle theories and Keynesian theories. Whereas real-business-cycle theories assume flexible prices and market clearing, Keynesian theories proceed from the assumption of nominal stickiness and market failure. We discuss possible reasons why prices and wages are sticky and analyse the implications of this fact.

Tuition fees

UK fees
Course fees for UK / EU students

For this course (per year)

£12,000

Average for all Postgrad courses (per year)

£5,202

International fees
Course fees for non-UK / EU students

For this course (per year)

£18,350

Average for all Postgrad courses (per year)

£12,227

Entry requirements

Students need to have an undergraduate degree with minimum 2:1 or overseas equivalent. A good performance in a higher degree such as a masters will also be accepted. Any degree discipline is acceptable, but students must have a good existing level of mathematics and statistics. Usually, our students come from Economics or a related field. Students from Mathematics, Engineering and Sciences are encouraged to apply. Weight will be given to relevant work experience and professional qualifications but neither is necessary to be accepted onto this course. All aspects of students application will be taken into consideration so our decision to make them an offer is not exclusively based on the criteria.

University information

Queen Mary University of London (QMUL) is a leading UK and International university and is a member of the prestigious Russell Group of Universities. Its history goes back to 1785, when it was originally four different colleges which have merged over the years. The University was born in London, and has five campuses in the city, but has expanded to include campuses in China, Malta and Paris. It has 26,000 students and 4,500 members of staff,...more

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