MSc in Economics (2 Year Programme)

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Programme Code: TMECT

Department: Economics

For students starting this programme of study in 2026/27

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. The progression threshold is 55% of all courses taken. The Sub-Board of Examiners may, at its discretion, consider for progression candidates who fall marginally short of this requirement. However, students gaining the Diploma in a re-sit attempt are not eligible for progression onto the second year of the MSc, nor are students entitled to re-sit first year examinations already passed in order to achieve the progression standard.

In Year 1 students are also required to attend EC2A0 Introductory Course in Microeconomic Principles.

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 code, title (unit value)
Year 1
Introductory course	EC2A0 Introductory Course in Microeconomic Principles (0.0)

Paper 1	EC2A1 Microeconomics II (1.0) #

Paper 2	EC2B1 Macroeconomics II (1.0) #

Paper 3	MA100 Mathematical Methods (1.0) #
	(OR) MA221 Further Mathematical Methods (Calculus) (0.5) # and MA222 Further Mathematical Methods (Linear Algebra) (0.5) #
Paper 4	EC2C1 Econometrics II (1.0) #

Year 2
Introductory course	EC400 Introductory Course in Mathematics and Statistics (0.0) #

Paper 5	EC4A1 Microeconomics (0.5) # (suspended 2026/27) and EC4B1 Macroeconomics (0.5) # (suspended 2026/27)
Paper 6	EC4C1 Econometrics (0.5) # (suspended 2026/27) and EC4P1 Applied Economics (0.5) (suspended 2026/27)
Paper 7	One half unit course from the following options:
	FM429 Asset Markets A (0.5) #
	FM431A Corporate Finance A (0.5) #
	FM442 Quantitative Methods for Finance and Risk Analysis (0.5) #
	MSc Economics AT Selection List
	AND
	One half unit from the following options:
	FM413 Fixed Income Markets (0.5) #
	FM421 Finance for Mergers, Buyouts and Corporate Restructurings (0.5) #
	FM441 Derivatives (0.5) #
	FM445 Portfolio Management (0.5)
	FM471 Sustainable Finance and Impact Investing (0.5) #
	FM476 Entrepreneurial Finance (0.5) #
	MSc Economics WT Selection List
	(OR)
	GY426 Environmental and Resource Economics (1.0) #

Paper 8	Courses to the value of 1.0 unit(s) from the following options:
	MSc Economics WT Selection List



EC4D3 International Trade (0.5) # (suspended 2026/27)
EC4D5 Economics of Labour Markets (0.5) # (suspended 2026/27)
EC4D7 Public Economics: Inequality, Taxation and Redistribution (0.5) # (suspended 2026/27)
EC4E1 Applied Industrial Organisation and Empirical Foundations of Competition Policy (0.5) # (suspended 2026/27)
EC4E3 Foundations of Development Economics (0.5) # (suspended 2026/27)
EC4E5 Economic Growth, Development, and Capitalism in Historical Perspective (0.5) # (suspended 2026/27)



EC4A7 Advanced Microeconomics: Topics (0.5) # (suspended 2026/27)
EC4A8 Advanced Microeconomics: Contracts and Organisations (0.5) # (suspended 2026/27)
EC4B7 Advanced Macroeconomics: Financial Markets and the Macroeconomy (0.5) # (suspended 2026/27)
EC4B8 Advanced Macroeconomics: Growth, Innovation and Productivity (0.5) # (suspended 2026/27)
EC4D4 International Macroeconomics (0.5) # (suspended 2026/27)
EC4D6 Topics in Labour Economics (0.5) # (suspended 2026/27)
EC4D8 Public Economics: Social Insurance and Health (0.5) # (suspended 2026/27)
EC4D9 Political Economy (0.5) # (suspended 2026/27)
EC4E2 Topics in Industrial Organisation (0.5) # (suspended 2026/27)
EC4E4 Development Economics: Applications and Policy (0.5) # (suspended 2026/27)
EC4E7 Quantitative Economics: Micro Methods for Macro Questions (0.5) # (suspended 2026/27)
EC4F6 Monetary Economics and Aggregate Fluctuations (0.5) # (suspended 2026/27)

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

Year 1: The Programme Director may, on an exceptional basis, permit a student to substitute another course or courses for up to two papers in Year 1.

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.