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The objective of this programme is to provide well qualified graduates with the training required to enter Ph.D. programmes in economics or to work as economists in government or private sector organisations. The programme focuses on the technical skills needed to undertake economics research and emphasises active and problem-based learning to ensure mastery of the basic skills.
The programme is normally taken on a full-time basis and is of ten months duration, with a month-long preliminary training in mathematics and statistics. The preliminary training commences mid-August, and the M.Sc. concludes with the submission of a dissertation by the following June.
The course can also be taken part-time. Part time students must also take the preliminary intensive mathematics and statistics training prior to commencing the M.Sc. programme. Once admitted the course is of two years in duration with coursework taken in both years and the dissertation undertaken between May and September of the second year.
The M.Sc. programme consists of four components: Microeconomics, Macroeconomics, Econometrics and a Research Topics course in which individual members of staff discuss their particular research areas. The core modules are taught around weekly problem sheets followed by examinations, while the Research Topics is examined on the basis of a number of seminar papers that should provide a critical analysis of the research areas surveyed. In addition, students are expected to complete a dissertation of 12,000 words. The ability to progress to the dissertation is dependant on achieving a satisfactory pass mark in the coursework components. Students who are unable to proceed to the dissertation or who fail to achieve a satisfactory mark for the dissertation element may be eligible for the award of a Postgraduate Diploma in Economics. Two scholarships of 5,000 and five scholarships of 1,000 are awarded annually to highly qualified candidates. Further details are available on the programme website.