Programmes

MSc Political Economy of Europe

  • Graduate taught
  • European Institute
  • Application code L2EU
  • Starting 2018

The programme provides a historically grounded, multi-disciplinary analysis of key political and economic processes and problems in Europe, relating both to the 'project' of EU integration and to domestic policy challenges and national transformation processes, framed through the lens of an evolving state-market relationship.

This programme draws on different theoretical approaches to political economy (positive, comparative and international political economy) and is taught by staff with academic expertise in the field and experience of policy-making in different parts of Europe. It will equip you with a rounded understanding of the political, economic and institutional context of key policy dilemmas and empirical puzzles in the EU as a whole and in its individual member states. 

You will be able to choose from specialist courses in aspects of political economy including monetary union, welfare states, labour markets, models of capitalism, fiscal (dis-)integration, transition and development, and others. In addition, you will be able to choose wider option courses, covering policy-making, governance and politics in the EU; European identity, ethnicity and society; and courses with a more geographical focus. You will also attend a programme of guest lectures from distinguished outside speakers, including business leaders and policy-makers.

Programme details

Key facts

MSc Political Economy of Europe
Start date 27 September 2018
Application deadline None – rolling admissions. However please note the funding deadlines
Duration 12 months full-time, 24 months part-time
Applications 2016 205
Intake 2016 84
Availability UK/EU: Open 
Overseas: Open 
Tuition fee UK/EU: £20,904
Overseas: £20,904
Financial support Graduate support scheme (deadline 26 April 2018)
Minimum entry requirement 2:1 degree or equivalent in any of the social sciences
GRE/GMAT requirement None
English language requirements Standard (see 'assessing your application')
Location  Houghton Street, London

For more information about tuition fees and entry requirements, see the fees and funding and assessing your application sections.

Programme structure and courses

You will take one compulsory course (full unit, spread over two terms) and optional courses to the value of two units, plus a compulsory dissertation. One unit (or two half-unit courses) has to be taken from a list of specialist courses on the political economy of Europe, taught by core staff in the Political Economy group. The other unit can be taken from a wider list of courses offered at the European Institute (including courses on EU governance and European identity) or, with permission, another MSc degree at the LSE.

You will also take Interdisciplinary Research Methods and Design to prepare for the dissertation and attend Engaging with Europe: Professional Skills. This is a programme of guest lectures from distinguished outside speakers, including business leaders and policy-makers. Additional training sessions and thematic workshops are offered throughout the year and especially during the two Reading Weeks (Michaelmas and Lent terms). 

Political Economy of Europe
This course tries to understand how the relation between state and economy in both Western Europe and Central and Eastern Europe has evolved over the post-war period, placing particular emphasis on the political, economic and institutional arrangements embodied in the creation and continuous development of the European Union.

Dissertation 
you write a 10,000-word dissertation on a topic broadly related to the political economy of Europe. You will receive guidance and supervision during three teaching terms and are expected to write your dissertation during the summer.

Courses to the value of two units from a range of options

You can find the most up-to-date list of optional courses in the Programme Regulations section of the current School Calendar.

You must note however that while care has been taken to ensure that this information is up to date and correct, a change of circumstances since publication may cause the School to change, suspend or withdraw a course or programme of study, or change the fees that apply to it. The School will always notify the affected parties as early as practicably possible and propose any viable and relevant alternative options. Note that that the School will neither be liable for information that after publication becomes inaccurate or irrelevant, nor for changing, suspending or withdrawing a course or programme of study due to events outside of its control, which includes but is not limited to a lack of demand for a course or programme of study, industrial action, fire, flood or other environmental or physical damage to premises.

You must also note that places are limited on some courses and/or subject to specific entry requirements. The School cannot therefore guarantee you a place. Please note that changes to programmes and courses can sometimes occur after you have accepted your offer of a place. These changes are normally made in light of developments in the discipline or path-breaking research, or on the basis of student feedback. Changes can take the form of altered course content, teaching formats or assessment modes. Any such changes are intended to enhance the student learning experience. You should visit the School’s Calendar, or contact the relevant academic department, for information on the availability and/or content of courses and programmes of study. Certain substantive changes will be listed on the updated graduate course and programme information page.

Teaching and assessment

Contact hours and independent study

The average taught course contact hours per half unit is 20-30 hours and a full unit is 40-60 hours. This includes sessions such as lectures, classes, seminars or workshops. Hours vary according to courses and you can view indicative details in the Calendar  within the Teaching section of each course guide.

You are also expected to complete independent study outside of class time. This varies depending on the programme, but requires you to manage the majority of your study time yourself, by engaging in activities such as reading, note-taking, thinking and 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. You can view indicative details for the teacher responsible for each course in the relevant course guide.

Assessment

All taught courses are required to include formative coursework on which you receive detailed feedback. This 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 may be conducted during the course or by final examination at the end of the course. An indication of the formative coursework and summative assessment for each course can be found in the relevant course guide.

Academic support

You will also be assigned an academic adviser who will be available for guidance and advice on academic or personal concerns.

There are many opportunities to extend your learning outside the classroom and complement your academic studies at LSE. LSE LIFE is the School’s centre for academic, personal and professional development. Some of the services on offer include: guidance and hands-on practice of the key skills you will need to do well at LSE: effective reading, academic writing and critical thinking; workshops related to how to adapt to new or difficult situations, including development of skills for leadership, study/work/life balance and preparing for the world of work; and advice and practice on working in study groups and on cross-cultural communication and teamwork.

LSE is committed to enabling all students to achieve their full potential and the School’s Disability and Wellbeing Service provides a free, confidential service to all LSE students and is a first point of contact for all disabled students.

Preliminary reading

R Baldwin and C Wyplosz The economics of European integration (McGraw-Hill Education, 2009)

C Bickerton European Integration: From Nation States to Member States (Oxford University Press, 2012)

M Blyth Austerity: the History of a Dangerous Idea (Oxford University Press, 2013)

W Carlin and D Soskice Macroeconomics. Imperfections, Institutions and Policies (Oxford University Press, 2006)

B Clift Comparative Political Economy: States, Markets and Global Capitalism (Palgrave Macmillan, 2014)

D Dinan Europe Recast: A History of the European Union, Houndmills (Palgrave Macmillan, 2004)

D Dinan Ever Closer Union: an introduction to European integration (4th edition, Palgrave MacMillan, 2010)

S Durlauf and L Blume (eds) The New Palgrave Dictionary of Economics Online  (selected entries, 2008)

B Eichengreen The European Economy Since 1945: coordinated capitalism and beyond, (Princeton University Press, 2007)

B Hancké, M Rhodes and M Thatcher. (eds) Beyond Varieties of Capitalism: Conflict, Contradictions, and Complementarities in the European Economy (Oxford University Press, 2007)

C Hay and D Wincott The Political Economy of European Welfare Capitalism (Palgrave, 2012)

A Hemerijck Changing Welfare States (Oxford University Press, 2012)

G Majone Rethinking the Union of Europe Post-Crisis: Has Integration gone too far? (Cambridge University Press, 2014)

J Pelkmans European integration: methods and economic analysis (3rd editionPrentice Hall, 2006)

G Roland Transition and Economics: politics, markets and firms (The MIT Press, 2000)

B Rosamond Theories of European Integration (St Martin’s Press, 2000)

H Wallace, M Pollack  and A Young Policy-making in the European Union (7th edition, Oxford University Press, 2014)

H Zimmermann and A Dür (eds) Key controversies in European integration (2nd edition,Palgrave Macmillan, 2016)

Careers

Former graduates pursue successful careers in politics, business, diplomacy, consultancy and journalism, and in international organisations and financial institutions. Students from this programme are actively headhunted by companies and international organisations working in the region.

Further information on graduate destinations for this programme

Michelango Bruno

MSc Political Economy of Europe

Milan, Italy

Michaelangelo_Bruno_170x230

During the programme I’ve had the opportunity to explore relevant issues that are currently debated among economists and policy makers: the fragility of the Economic and Monetary Union; the changing nature of European welfare states; and the need for European social policy to address new challenges. LSE is an incredible institution which has truly broadened my horizons. 

Support for your career

Many leading organisations give careers presentations at the School during the year, and LSE Careers has a wide range of resources available to assist students in their job search. Find out more about the support available to students through LSE Careers.

Student stories

Watch the MSc Political Economy of Europe student view video

Michelangelo Bruno

MSc Political Economy of Europe
Milan, Italy

Michaelangelo_Bruno_170x230

LSE is an incredible institution. During the programme I’ve had the opportunity to explore relevant issues that are currently debated among economists and policy makers: the fragility of the economic and monetary union; the changing nature of European welfare states; and the need for European social policy to address new challenges.

The most important skills I’ve acquired during the experience is to formulate solid arguments grounded on data and economical reasoning. I have a quantitative background and this programme has taught me how difficult it is to take the decision to implement a particular social policy as it impacts on real people. 

Assessing your application

We welcome applications from all suitably qualified prospective students and want to recruit students with the very best academic merit, potential and motivation, irrespective of their background.

We carefully consider each application on an individual basis, taking into account all the information presented on your application form, including your:

- academic achievement (including predicted and achieved grades)
- personal statement
- two academic references
- CV

See further information on supporting documents

You may also have to provide evidence of your English proficiency, although you do not need to provide this at the time of your application to LSE. See our English language requirements.

When to apply

Applications for this programme are considered on a rolling basis, meaning the programme will close once it becomes full. There is no fixed deadline by which you need to apply, however to be considered for any LSE funding opportunity, you must have submitted your application and all supporting documents by the funding deadline. See the fees and funding section for more details. 

Minimum entry requirements for MSc Political Economy of Europe

Upper second class honours (2:1) degree or equivalent in any of the social sciences, including politics, economics, European studies, contemporary history or international relations.

Competition for places at the School is high. This means that even if you meet the minimum entry requirement, this does not guarantee you an offer of admission.

See international entry requirements

Fees and funding

Every graduate student is charged a fee for their programme.

The fee covers registration and examination fees payable to the School, lectures, classes and individual supervision, lectures given at other colleges under intercollegiate arrangements and, under current arrangements, membership of the Students' Union. It does not cover living costs or travel or fieldwork.

Tuition fees 2018/19 for MSc Political Economy of Europe

UK/EU students: £20,904
Overseas students: £20,904

Fee status

For this programme, the tuition fee is the same for all students regardless of their fee status. 

However any financial support you are eligible for will depend on whether you are classified as a Home (UK/EU) or Overseas student, otherwise known as your fee status. LSE assesses your fee status based on guidelines provided by the Department of Education.

Further information

Fees and funding opportunities

Fee reduction

Students who completed undergraduate study at LSE and are beginning taught graduate study at the School are eligible for a fee reduction of around 10 per cent of the fee.

Please refer to the Fees Office website for further information.

Scholarships and other funding

The School recognises that the cost of living in London may be higher than in your home town or country, and we provide over £11.5 million in scholarships each year to graduate students from the UK, EU and overseas.

This programme is eligible for needs-based awards from LSE, including the Graduate Support SchemeMaster's Awards, and Anniversary Scholarships

Selection for any funding opportunity is based on receipt of an application for a place – including all ancillary documents, before the funding deadline. 

Funding deadline for needs-based awards from LSE: 26 April 2018.

In addition to our needs-based awards, LSE also makes available scholarships for students from specific regions of the world and awards for students studying specific subject areas.

Check the latest information about scholarship opportunities

Government tuition fee loans and external funding

A postgraduate loan is available from the UK government for eligible students studying for a first master’s programme, to help with fees and living costs. Some other governments and organisations also offer tuition fee loan schemes.

Find out more about tuition fee loans
Find out more about external funding opportunities 

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