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MSc in Economics (2 Year Programme)

Programme Code: TMECT

Department: Economics

For students starting this programme of study in 2020/21

Guidelines for interpreting programme regulations

Classification scheme for the award of a taught master's degree (four units)
Exam sub-board local rules

Students without a strong background in economics are required to take the MSc programme over two years. In order to progress to the second year, which is governed by the 'Regulations for Taught Master's Degrees', students must attain or exceed the progression threshold for each of the four courses they have taken in year one. The progression threshold is 60% for courses EC201, EC210, EC220, and MA100, while the progression threshold is 55% in courses EC202, EC221, MA212 and other advanced MAXXX options. The Sub-Board of Examiners may, at its discretion, consider for progression candidates who fall marginally short of this requirement. Students that fail to meet the progression requirements will not be admitted to year two of the programme but may be eligible for the award of a Diploma in Economics as defined by the 'Regulations for Diplomas.' Students that require a re-sit attempt are not eligible for progression onto the MSc, nor are students entitled to re-sit first year examinations already passed in order to achieve the progression standard.

In Year 2, students must take three compulsory courses, one unit of optional courses and an extended essay linked to the optional course as shown. Students are also required to attend EC400 Introductory Course in Mathematics and Statistics.

Please note that places are limited on some optional courses. Admission onto any particular course is not guaranteed and may be subject to timetabling constraints and/or students meeting specific prerequisite requirements.


Course number, title (unit value)

Year 1

Paper 1

EC201 Microeconomic Principles I (1.0) # or


EC202 Microeconomic Principles II (1.0) #

Paper 2

EC210 Macroeconomic Principles (1.0) #

Paper 3

MA100 Mathematical Methods (1.0) # or


MA212 Further Mathematical Methods (1.0) #

Paper 4

EC220 Introduction to Econometrics (1.0) # or


EC221 Principles of Econometrics (1.0) #


Candidates may be allowed to substitute one other course for one of the papers listed above with the permission of the Programme Director.

Year 2

Introductory course

EC400 Introductory Course in Mathematics and Statistics (0.0) #

Paper 5

EC413 Macroeconomics (1.0) #

Paper 6

EC411 Microeconomics (1.0) # or


EC487 Advanced Microeconomics (1.0) # *

Paper 7

EC402 Econometrics (1.0) #

Paper 8

Courses to the value of 1.0 unit(s) from the following:


EC421 International Economics (1.0) #  (not available 2020/21)


EC423 Labour Economics (1.0) #


EC424 Monetary Economics and Aggregate Fluctuations (1.0) #


EC426 Public Economics (1.0) #


EC427 The Economics of Industry (1.0) #


EC428 Development and Growth (1.0) #


EC453 Political Economy (1.0) #


EC465 Economic Growth, Development, and Capitalism in Historical Perspective (1.0) #


EC476 Contracts and Organisations (1.0) #


FM431M Corporate Finance A (0.5) # and FM4T2 Applied Corporate Finance - Dissertation (0.5)


Any other course in Economics approved by the candidate's teachers.




FM429 Asset Markets A (0.5) #


and one of the following: A


FM4T1 Forecasting Financial Time Series - Dissertation (0.5)  (not available 2020/21)


FM4T5 Portfolio Management - Dissertation (0.5)


FM4U1 Fixed Income Markets - Dissertation (0.5)

Prerequisite Requirements and Mutually Exclusive Options

* means available with permission


A : For the purposes of degree classification the Finance half unit courses are combined and averaged to produce a final mark.

# means there may be prerequisites for this course. Please view the course guide for more information.

Note for prospective students:
For changes to graduate course and programme information for the next academic session, please see the graduate summary page for prospective students. Changes to course and programme information for future academic sessions can be found on the graduate summary page for future students.