Overview
Introduction
The MSc Economic History (Research) provides in-depth training in economic history, preparing students to conduct research on key economic issues from a historical and interdisciplinary perspective.
You'll be able to choose from a wide range of elective courses in economic history, allowing you to compile a programme according to your interests and career goals. You'll also choose one or more research training courses and a compulsory economic history course. An important component of the programme consists in the completion of a major research dissertation in an approved topic of your choice.
Economic history combines the skills of the economist and statistician with those of the historian, political scientist and sociologist. The programme provides a broad training in social science research methods and their application to historical study, including the role of theory, evaluation, analysis and explanation, quantitative techniques and computing, the use of sources and presentational skills.
Preliminary readings
The following is a list of general Economic History books that you might want to take a look at before you arrive at LSE. Please note, these books are listed as a general introduction to Economic History and may not appear on the reading lists of the courses that you actually take - they are presented as a starting point.
- Acemoglu, D. and Robinson, J. (2012), Why Nations Fail: The Origins of Power, Prosperity and Poverty, London: Profile.
- Allen, R.C. (2009), The British Industrial Revolution in Global Perspective, Cambridge: Cambridge University Press.
- Austin, Gareth M. Markets, Slaves and States in West African History, c.1450 to the present (Cambridge: CUP 2013)
- Austin, Gareth M. & Kaoru Sugihara (eds.) Labour-intensive industrialisation in Global History (London: Routledge 2013).
- Baten, Joerg (2016), A History of the Global Economy. Cambridge.
- Broadberry, S. and O’Rourke, K. (eds.) (2010), The Cambridge Economic History of Modern Europe, Cambridge: Cambridge University Press.
- Crafts, N.F.R. and Fearon, P. (2013), The Great Depression of the 1930s: Lessons for Today, Oxford: Oxford University Press.
- Darwin, J. (2007), After Tamerlane: The Rise and Fall of Global Empires, 1400-2000, London: Allen Lane.
- Engerman, Stanley L. & Kenneth L. Sokoloff Economic Development in the Americas since 1500: endowments and institutions (Cambridge: CUP/NBER 2012).
- Findlay, R. and O’Rourke, K. (2009), Power and Plenty: Trade, War, and the World Economy in the Second Millennium (Princeton Economic History of the Western World), Princeton: Princeton University Press.
- Floud, Roderick, Fogel, Robert, Harris, Bernard, and Hong, Sok Chul (2011), The Changing Body: health, nutrition, and human development in the western world since 1700. Cambridge.
- Greif, A. (2006) Institutions and the Path to the Modern Economy: Lessons from Medieval Trade (Political Economy of Institutions and Decisions) Cambridge: Cambridge University Press.
- Hatcher, J. and Bailey, M (2001), Modelling the Middle Ages: The History and Theory of England’s Economic Development, Oxford: Oxford University Press.
- Herschman, Albert O. (2013), The Passions and the Interests: political arguments for capitalism before its triumph. Princeton.
- King, Mervyn (2016), The End of Alchemy: money, banking and the future. Little, Brown.
- Livi-Bacci, Massimo (2012), A Concise History of Worl Population. Wiley Blackwell.
- Mackenzie, D (2006), An Engine, Not a Camera: How Financial Models Shape Markets. Cambridge, Mass: MIT Press.
- Morgan, Mary S. (2012), The World in the Model: How Economists Work and Think, Cambridge: Cambridge University Press.
- North, D.C., Wallis, J.J. and Weingast, B. (2009), Violence and Social Orders: A Conceptual framework for Interpreting Recorded Human History, Cambridge; Cambridge University Press.
- Parthasarathi, P. (2011), Why Europe Grew Rich and Asia Did Not: Global Divergence, 1600-1850, Cambridge: Cambridge University Press.
- Pomeranz, K. (2000), The Great Divergence: China, Europe and the Making of the Modern World Economy, Princeton: Princeton University Press.
- Reinhart, C.M. and Rogoff, K.S. (2009), This Time is Different: Eight Centuries of Financial Folly, Princeton: Princeton University Press.
- Rosenthal, J-L and Wong, R. Bin (2011), Before and Beyond Divergence: The Politics of Economic Change in China and Europe, Harvard University Press.
- Roy, T. (2012), India in the World Economy: From Antiquity to the Present (New Approaches to Asian History), Cambridge: Cambridge University Press.
- Von Glahn, Richard (2016), The Economic History of China from Antiquity to the Nineteenth Century (CUP)
- Yun-Casalilla, B. and O’Brien, P. (2011), The Rise of Fiscal States: A Global History, 1500-1914, Cambridge: Cambridge University Press.
Programme content
The programme comprises one compulsory full unit, a dissertation and optional courses selected from a prescribed list.
This research track can be taken as a stand-alone qualification or as the first year of a research degree, followed by 3–4 years of MPhil/PhD. You should indicate in your personal statement if you wish to be considered for the 1+3 programme and submit an outline research proposal.
Year 1
For the latest list of courses, please go to the relevant School Calendar page.
Why study with us
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QS World University Rankings: Sustainability 2026Your application
Overview
We welcome applications from all suitably qualified prospective students. At LSE, we want to recruit students with the best academic merit, potential and motivation, irrespective of background.
We carefully consider each application and take into account all the information included on your application form, such as your:
- academic achievement (including predicted and achieved grades)
- statement of academic purpose
- 1,000 word outline research proposal, stating your area of research interest
- two academic references
- CV.
See further information on supporting documents.
You may need to provide evidence of your English language proficiency. See our English language requirements.
Other programmes of interest
Candidates who are not aiming to pursue doctoral study in economic history or a related field may prefer the general MSc Economic History programme. Candidates interested in combining the study of contemporary development processes with economic history may wish to consider the MSc Political Economy of Late Development. The department also participates in the two-year LSE-Leipzig Double Degree in Global Studies and Economic History, which focuses on global history more generally.
Please note: The applications, intake and ratio values below include the MSc Economic History.
Fees and funding
The table of fees shows the latest tuition fees for all programmes.
You're charged a fee for your programme. At LSE, your tuition 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 doesn't cover living costs or travel or fieldwork.
Learning and assessment
How you learn
Contact hours and independent study
Within your programme you'll take a number of courses, often including half unit courses and full unit courses. 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.
Teaching is usually spread over the Autumn and Winter Terms, with the Spring Term generally reserved for one week of teaching and revision sessions, followed by preparation for exams or other assessment, and/or the writing of your dissertation.
You're 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. The teacher responsible for each course can be found in the relevant course guide.
Graduate destinations
Overview
Economic history graduates can be found in management and administration in the public and private sectors, banking, journalism, economic consultancy, and library and museum services, to mention just a few.
Further information on graduate destinations for this programme
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