First year (MRes)
The first year of the MRes is focused on teaching and skills training in Micro and Macro Economics, Econometrics, Statistics and Modelling. Students will have to come from a strong background in Economics and be expected to participate in pre-sessional courses as required. These course begin before the start of the academic year, normally in late August.
These courses are all taken in the Department of Economics.
Alongside courses taken in the Department of Economics, students take the seminar course A Social Sciences Perspective of Academic Research in Management. The seminar provides an opportunity to work alongside other first year research students in the Department of Management and to develop critical analysis skills by interaction with academic colleagues in a diversity of management research fields on important current research topics.
Students are also invited and expected to attend the Managerial Economics and Strategy Faculty Research Group seminars.
Two compulsory courses in Microeconomics and Macroeconomics for MRes students.
The aim of the microeconomics course is to develop the basic tools for analysing problems of resource allocation used by economists working in research, government, and business. The first part of the course focuses classical theories of market behaviour and strategic interaction, and models of decision making under uncertainty and game theoretic solution concepts. The second part of the course focuses on models of imperfect competition and information economics.
In the macroeconomics course you will cover topics in advanced macroeconomics with emphasis on fundamentals and applications to recent theoretical advances in Economic growth, Search and Matching, Dynamic Stochastic General Equilibrium Models and Monetary Economics.
Choice of either Econometrics for MRes students OR Econometric Analysis
You are required to choose one advanced econometrics course in discussion with your Programme Director.
A Social Sciences Perspective of Academic Research in Management
Along with all MRes/PhD and MPhil/PhD students from across the Department of Management Research programmes you will participate in a seminar on the nature of scientific enquiry in the Social Sciences. The seminar series is led by members of the Faculty across the Department and provides an interdisciplinary collaborative perspective and the opportunity for students to develop academic presentation skills.
Second year (MRes)
In the 2-year MRes programme, you will engage in active research, called Research Practicums, with different members of Faculty within the Managerial Economics and Strategy Faculty Research Group . The rotation of practicum assignments will include one-to-one training and collaboration that provides you better understanding of the research process, e.g.:
- Literature reviews.
- Applied research methods and practices.
- Determining theory-driven.
- Testable hypotheses.
- Identifying appropriate methods and samples.
- Coding and data analysis.
- Conducting analyses.
- Evaluating findings and implications.
- Writing manuscripts for the academic peer-reviewed process with ultimate goal of publication in top-tier academic journal.
You will take compulsory courses in Institutional and Organisational Economics, and choose an additional elective course in Economics or Managerial Economics depending on your training and intellectual requirements and preferences. You will also write a research paper in your field of interest which will form an important element in your upgrade to PhD.
The Economics of Organisations and Institutions
The course studies from an economics perspective the major organisations and institutions in modern and historical economies. First, you will consider major organisations: firms and states. Second, you will focus on major institutions: market and non-market (political, legal, informal). The course will take an economic perspective to these organisations and institutions including selection, incentives, and information transmission within organisations.
Topics in Organisations and Institutions
A seminar course focused on reading and discussion of recent academic articles around the frontier of research in organisational and institutional economics from an economics perspective including international supply chains; firms in developing countries; entrepreneurship; social movements; the economics of crime and policing; robots and AI in the workplace.
A range of Economics course options taught within the Department of Economics, including International Economics for Research students, Labour Economics, Economics of Industry and Development Economics.
During the second year you will also start to attend the Work in Progress seminar, an opportunity to present your work to faculty and peers, listen to their work and engage with outside speakers are also invited from time to time.
Third, fourth and fifth year (PhD)
Upon successfully completing the MRes and progressing to the PhD, you will work on your research and write your PhD thesis.
In the first year of the PhD programme (Year 3 of registration) you will have the opportunity to select an additional course in either Economics or Management. Students are expected to continue to attend and engage in the Work in Progress seminars. Where relevant you may also attend the Department of Economics Work in Progress Seminars.
There are regular reviews on your research progress and in the final year you prepare a detailed plan of work for the successful submission of your thesis.
Throughout your PhD you will be expected to show the continued development of research ideas for publication, participation in relevant training courses and career development activities.
For the most up-to-date list of 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.