Programmes

MSc Philosophy of Economics and the Social Sciences

  • Graduate taught
  • Department of Philosophy Logic and Scientific Method
  • Application code V7U1
  • Starting 2024
  • Home full-time: Open
  • Home part-time: Open
  • Overseas full-time: Open
  • Location: Houghton Street, London

The MSc in Philosophy of Economics and the Social Sciences offers a unique opportunity to pursue a critical understanding of the methods of economics and other social sciences, alongside ethical questions about the use of science in policy, the economy, and civil society.

The LSE is widely recognised as the world’s leading social science university, and our department excels at philosophical research that is continuous with the social and natural sciences and is socially relevant. Teachers on the programme conduct pathbreaking research at the intersection of philosophy and a range of social sciences, including behavioural science, cognitive science, economics, health policy, data science, and politics. Courses that you can take as part of the degree address a wide range of questions in the field, including:

  • What forms of explanation and understanding are possible in the social sciences, and how secure and objective is the knowledge they provide?
  • What are the strengths and weaknesses of common methods in economics and parts of political science, e.g., modelling individuals as perfectly rational individuals who maximize the expected satisfaction of their preferences?How do they compare with other social sciences methods, such as those that focus on understanding people’s outlook, cultural identity, and the norms they wish to follow?
  • What is the nature of social categories such as gender and race, and what roles do these categories play in shaping the social world and structuring human lives? Should we rethink these categories?
  • How should we morally evaluate societies, both in terms of the distribution of opportunities and well-being they provide and in terms of the nature of the interpersonal relationships they engender?
  • What are the merits and drawbacks of key forms of social organization, including markets, democratic deliberation, and top down hierarchies? How are these forms of social organization, and their impacts, changing due to new technologies, including Artificial Intelligence?
  • What should the role of social sciences and the expertise they provide be in public debate and policy-making? How should scientific uncertainty and disagreement be handled in the public forum?

Programme details

Key facts

MSc Philosophy of Economics and the Social Sciences
Start date 30 September 2024
Application deadline None – rolling admissions. However, please note the funding deadlines
Duration 12 months full-time, 24 months part-time
Applications 2022 108
Intake 2022 16
Financial support Graduate Support Scheme (see 'Fees and funding')
Minimum entry requirement 2:1 degree or equivalent in any discipline. You should also demonstrate a considered interest in the area covered by the MSc
GRE/GMAT requirement None
English language requirements Higher (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.

Entry requirements

Minimum entry requirements for MSc Philosophy of Economics and the Social Sciences

Upper second class honours (2:1) degree or equivalent in any discipline. You should also demonstrate a considered interest in the areas covered by the MSc.

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.

If you have studied or are studying outside of the UK then have a look at our Information for International Students to find out the entry requirements that apply to you.

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)
- statement of academic purpose
- 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. 

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 2024/25 for MSc Philosophy of Economics and the Social Sciences

Home students: £17,424 
Overseas students: £27,480

The Table of Fees shows the latest tuition amounts for all programmes offered by the School.

Fee status

The amount of tuition fees you will need to pay, and any financial support you are eligible for, will depend on whether you are classified as a home 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 about fee status classification.

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.

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 generous scholarships each year to home and overseas students.

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 offer for a place and submitting a Graduate Financial Support application, before the funding deadline. Funding deadline for needs-based awards from LSE: 25 April 2024.

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. Find out more about financial support.

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

Further information

Fees and funding opportunities

Information for international students

LSE is an international community, with over 140 nationalities represented amongst its student body. We celebrate this diversity through everything we do.  

If you are applying to LSE from outside of the UK then take a look at our Information for International students

1) Take a note of the UK qualifications we require for your programme of interest (found in the ‘Entry requirements’ section of this page). 

2) Go to the International Students section of our website. 

3) Select your country. 

4) Select ‘Graduate entry requirements’ and scroll until you arrive at the information about your local/national qualification. Compare the stated UK entry requirements listed on this page with the local/national entry requirement listed on your country specific page.

Part-time study
Part time study is only available for students who do not require a student visa.

Programme structure and courses

You will choose philosophy course options from across the department for a total of three units. Out of this three units, subject to approval from the Programme Director, you may take up to one unit from options outside the department. In addition, you will take part in the non-assessed dissertation seminar. This will prepare you to complete your dissertation of 10,000 words, which will be on a topic in the philosophy of economics and/or other social sciences, broadly construed. The dissertation constitutes a further full unit, for a programme total of four units.

(* denotes half a unit)

One course from:

Philosophy of Economics

History of Economics: Making Political Economy into a Social Science*

History of Economics: Ideas, Policy and Performativity*

Rationality and Choice

Philosophy of Economics: Methodology and Foundations of Economics*

Philosophy of Economics: Ethics and Economics*

Business and Organisational Ethics*

Physics and Uncertainty: From Quantum Jumps to Stock Market Crashes*

One course from:

Philosophy of the Social Sciences

Philosophy of Society*

Ethics of Data and AI*

Genes, Brains and Society*

Philosophy of Gender and Race*

Courses from a range of options up to the value of two units (students who take "Rationality and Choice" choose courses up to the value of one and half unit)

Dissertation Seminar (non-assessed)
This non-assessed course will prepare you to write your dissertation. 

Dissertation
An independent research project on an approved topic of your choice, of 10,000 words.

For the most up-to-date list of optional courses please visit the relevant School Calendar page.

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 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

You will typically have, for each examined course, at least 20 hours of lectures and 30 hours of seminars (seminar sizes do not normally exceed 15 students). Hours vary according to courses and you can view indicative details in the Calendar within the Teaching section of each course guide. In addition, there will be 30 hours of teaching on the dissertation research and writing seminar. Additional contact time concerning one-on-one dissertation and class teaching support is available during office hours and by appointment at your request. You will be assigned an academic adviser within the Department who will be available to discuss your personal and academic concerns.

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 employs  teaching staff with a range of experience and status. Courses may be taught by individual members of faculty, such LSE Fellows, Assistant Professors, Associate Professors, and Professors. Many departments also employ Guest Teachers and visiting faculty. Graduate teaching assistants, who are usually doctoral research students, and in the majority of cases, teach classes for  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 which is unassessed. It 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, team presentations 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.

Extra-curricular activities and learning

Our students form a tight social group. The Department facilitates this by hosting a number of social occasions through the year. In addition, London has a wide range of opportunities for socialising, with a great many additional philosophical activities offered by the Institute of Philosophy and the University of London.

Academic support

You will be assigned an academic mentor 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.

Student support and resources

We’re here to help and support you throughout your time at LSE, whether you need help with your academic studies, support with your welfare and wellbeing or simply to develop on a personal and professional level.

Whatever your query, big or small, there are a range of people you can speak to who will be happy to help.  

Department librarians – they will be able to help you navigate the library and maximise its resources during your studies. 

Accommodation service – they can offer advice on living in halls and offer guidance on private accommodation related queries.

Class teachers and seminar leaders – they will be able to assist with queries relating to specific courses. 

Disability and Wellbeing Service – they are experts in long-term health conditions, sensory impairments, mental health and specific learning difficulties. They offer confidential and free services such as student counselling, a peer support scheme and arranging exam adjustments. They run groups and workshops. 

IT help – support is available 24 hours a day to assist with all your technology queries.  

LSE Faith Centre – this is home to LSE's diverse religious activities and transformational interfaith leadership programmes, as well as a space for worship, prayer and quiet reflection. It includes Islamic prayer rooms and a main space for worship. It is also a space for wellbeing classes on campus and is open to all students and staff from all faiths and none.  

Language Centre – the Centre specialises in offering language courses targeted to the needs of students and practitioners in the social sciences. We offer pre-course English for Academic Purposes programmes; English language support during your studies; modern language courses in nine languages; proofreading, translation and document authentication; and language learning community activities.

LSE Careers ­– with the help of LSE Careers, you can make the most of the opportunities that London has to offer. Whatever your career plans, LSE Careers will work with you, connecting you to opportunities and experiences from internships and volunteering to networking events and employer and alumni insights. 

LSE Library  founded in 1896, the British Library of Political and Economic Science is the major international library of the social sciences. It stays open late, has lots of excellent resources and is a great place to study. As an LSE student, you’ll have access to a number of other academic libraries in Greater London and nationwide. 

LSE LIFE – this is where you should go to develop skills you’ll use as a student and beyond. The centre runs talks and workshops on skills you’ll find useful in the classroom; offers one-to-one sessions with study advisers who can help you with reading, making notes, writing, research and exam revision; and provides drop-in sessions for academic and personal support. (See ‘Teaching and assessment’). 

LSE Students’ Union (LSESU) – they offer academic, personal and financial advice and funding. 

PhD Academy – this is available for PhD students, wherever they are, to take part in interdisciplinary events and other professional development activities and access all the services related to their registration. 

Sardinia House Dental Practice – this offers discounted private dental services to LSE students. 

St Philips Medical Centre – based in Pethwick-Lawrence House, the Centre provides NHS Primary Care services to registered patients.

Student Services Centre – our staff here can answer general queries and can point you in the direction of other LSE services.  

Student advisers – we have a Deputy Head of Student Services (Advice and Policy) and an Adviser to Women Students who can help with academic and pastoral matters.

Student life

As a student at LSE you’ll be based at our central London campus. Find out what our campus and London have to offer you on academic, social and career perspective. 

Student societies and activities

Your time at LSE is not just about studying, there are plenty of ways to get involved in extracurricular activities. From joining one of over 200 societies, or starting your own society, to volunteering for a local charity, or attending a public lecture by a world-leading figure, there is a lot to choose from. 

The campus 

LSE is based on one campus in the centre of London. Despite the busy feel of the surrounding area, many of the streets around campus are pedestrianised, meaning the campus feels like a real community. 

Life in London 

London is an exciting, vibrant and colourful city. It's also an academic city, with more than 400,000 university students. Whatever your interests or appetite you will find something to suit your palate and pocket in this truly international capital. Make the most of career opportunities and social activities, theatre, museums, music and more. 

Want to find out more? Read why we think London is a fantastic student city, find out about key sights, places and experiences for new Londoners. Don't fear, London doesn't have to be super expensive: hear about London on a budget

Student stories

On our website, you can find testimonials from students who have completed our MSc programmes. Find out about their experience of the programme, what they found most valuable and how it has helped to develop their career to date.

Preliminary reading

J Baggini and P S. Fosl The philosopher's toolkit: a compendium of philosophical concepts and methods (Wiley Blackwell, 2010)

R Bradley Decision theory with a human face (Cambridge, 2017) (suitable for those with a background in decision theory).

N Cartwright and E Montuschi Philosophy of social science: A new introduction (Oxford,  2014)

D Hausman The inexact and separate science of economics, second edition (Cambridge, 2023)

D Hausman The philosophy of economics: An anthology (Cambridge, 2008)

D Hausman, M McPherson, D Satz Economic analysis, moral philosophy and public policy, third edition (2017)

H Kincaid The Oxford handbook of philosophy of social science (Oxford, 2012)

M Martin and L C McIntyre Reading in the philosophy of social science (Cambridge, 1994) 

D Steel and F Guala The philosophy of social science reader (Routledge, 2010)

Careers

Quick Careers Facts for the Department of Philosophy, Logic and Scientific Method

Median salary of our PG students 15 months after graduating: £34,500

Top 5 sectors our students work in:

  • Education, Teaching and Research            
  • Government, Public Sector and Policy   
  • Consultancy      
  • Health and Social Care  
  • International Organisations

The data was collected as part of the Graduate Outcomes survey, which is administered by the Higher Education Statistics Agency (HESA). Graduates from 2020-21 were the fourth group to be asked to respond to Graduate Outcomes. Median salaries are calculated for respondents who are paid in UK pounds sterling and who were working in full-time employment.

Past programme graduates have gone on to a wide variety of careers, ranging from law, forming their own start-up, working in the City and working at Google. We have a very good record of students entering excellent PhD programmes.

Further information on graduate destinations for this programme

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.

Find out more about LSE

Discover more about being an LSE student - meet us in a city near you, visit our campus or experience LSE from home. 

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Webinars, videos, student blogs and student video diaries will help you gain an insight into what it's like to study at LSE for those that aren't able to make it to our campus. Experience LSE from home

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Come on a guided campus tour, attend an undergraduate open day, drop into our office or go on a self-guided tour. Find out about opportunities to visit LSE

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Student Marketing, Recruitment and Study Abroad travels throughout the UK and around the world to meet with prospective students. We visit schools, attend education fairs and also hold Destination LSE events: pre-departure events for offer holders. Find details on LSE's upcoming visits

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