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MSc Political Economy of Europe

About the MSc programme

The programme provides a historically grounded, multi-disciplinary analysis of European integration and national transformation processes, by teachers of academic distinction with experience of policy making in Europe. In the degree, students focus on the main concepts of political economy relevant to the process of European integration and reform, and on major empirical trends in the economic and political development of contemporary Europe. The focus is on relevant aspects of European integration on the one hand, such as economic governance, interest representation, decision-making, and policy processes of deepening and widening. On the other hand, the programme examines public policy-making in European countries through the lens of an evolving state-market relationship, for instance in the tension between democracy and capitalism, welfare states and their reform, market regulation, austerity and development, or policy convergence under the influence of market integration.

The programme benefits from one of the most extensive series of public events on European issues globally, organised throughout the year by members of the European Institute.

Applicants for the MSc Political Economy of Europe should have a good upper second or first class degree or a GPA of 3.5 or better in any of the social sciences, including politics, economics, European studies, international relations and contemporary history.

Programme details

Students take one compulsory course (full unit, spread over two terms) and optional courses to the value of two units (typically, two half-unit courses per term), plus a compulsory dissertation. Students can choose from specialist courses in aspects of political economy; institutions, politics and policies of the EU; European identity and ideas; and courses with a more geographical focus. In addition, all students must take Interdisciplinary Research Methods and Design to prepare for the dissertation and must also attend European Union: Contemporary Issues - a programme of guest lectures from distinguished outside speakers, including business leaders and policy makers. Students can expect an average of 180 hours of teaching.

Compulsory courses

  • Political Economy of Europe 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 students are required to write a 10,000-word dissertation on a topic broadly related to the political economy of Europe. Students receive guidance and supervision during three teaching terms and are expected to write their dissertation during the summer.

Please read the following important information before referring to full details of course options found in the Programme Regulations.

The programme regulations available are for the current academic session and may be subject to change before the beginning of the next academic year. For more information about course availability in the next academic session, please contact the relevant academic department. The School reserves the right at all times to withdraw, suspend or alter particular courses and syllabuses, and to alter the level of fees. Courses are on occasion capped (limited to a maximum number of students) or subject to entry conditions requiring the approval of the course convenor. The School cannot guarantee that places on specific courses will be available.

Graduate destinations

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



Application code: L2EU (check availability)

Start date: 24 September 2015

Duration: 12 months full-time, 24 months part-time 

Intake/application in 2013: 74/210

Minimum entry requirement: 2:1 degree in any of the social sciences, including contemporary history and international relations (see entry requirements)

English requirement: Standard (see English requirements)

GRE/GMAT requirement: None

Fee level: £18,600

Financial support: Graduate Support Scheme (see  Fees and financial support)

Application deadline: None – rolling admissions