As of 2016/17, the Department is pleased to offer a new pre-sessional course and a new advanced macroeconomics core compulsory course for students of the MSc Econometrics and Mathematical Economics programme.
EC451, the new pre-sessional course, has been designed exclusively for students of the MSc Econometrics and Mathematical Economics programme. The objective of the compulsory pre-sessional course is to provide essential foundations in macroeconomics, microeconomics and econometrics in order to prepare students for the advanced level of the core teaching programme. The pre-sessional course includes treatment of rational preferences, hedonic foundations of utility theory, and the theory of choice in the microeconomics component; the linear regression model, instrumental variables and GMM methods, MLE and estimation of models with discrete dependent variables, GLS estimation and dynamic models, and introduction to simultaneous equations models and hypothesis testing in the econometrics component; and an introduction to core macroeconomic concepts, research questions and empirical findings, a benchmark dynamic macroeconomic model, and some key growth and business cycle properties in the macroeconomics component.
Our former students are employed as economists in a wide range of national and international organisations in government, international institutions, business and finance. Approximately one third of students proceed to PhD programmes at LSE or other leading universities.
Once students have completed the pre-sessional course, the programme structure allows students to take core courses in:
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