City, University of London

Course Introduction

The Development Economics MSc course at City is designed for those looking to gain an understanding of key issues in economic development and provide you with rigorous economic theory and statistical tools to be able to analyse policies and assess their impact on economic and human development.

The aim of this course is to develop your critical and analytical abilities in economics, with particular reference to development. By the time you graduate, you should be able to:

Demonstrate that modern economic theory is relevant to development economics;

Critically interpret current research in development economics and evaluate its relevance to development practice and policy analysis;

Understand the enduring determinants of poverty;

Analyse the issues of fertility, education, health, work, migration and microfinance and their contribution to economic development;

Develop microeconomic models to explain how people make such decisions and how policy is likely to affect their choices;

Assess policies designed towards helping the poor by taking into account how people react to policy interventions, and statistically assess the success of such policies; and

Undertake empirical investigations in development economics, using appropriate quantitative methods.

Course Modules

Modules for the dissertation path:

Core modules:

The Economics of Micro'Finance (15 credits);

Development Economics (15 credits);

Microeconomic Theory (30 credits);

Econometrics (30 credits);

Dissertation (60 credits).

Elective modules:

Asset Pricing (15 credits); and

Macroeconomics (15 credits).

Modules for the literature survey path:

Core modules:

The Economics of Micro'Finance (15 credits);

Development Economics (15 credits);

Microeconomic Analysis (30 credits);

Quantitative Methods (30 credits); and

Literature Survey (30 credits).

Elective modules:

Welfare Economics (15 credits).

Elective modules for both paths:

International Macroeconomics (15 credits);

Economics of Regulation and Competition (15 credits);

Health Economics (15 credits);

History of Economic Thought (15 credits);

Corporate Finance (15 credits);

Experimental Economics and Game Theory (15 credits);

Development and World Politics (15 credits)*;

Political Economy of Global Finance (15 credits)*;

The Politics of Forced Migration (15 credits)*

* Students on the dissertation path can take only 1 of these modules, which are taught in the Department of International Politics. Students on the literature survey path can take up to 2 of these modules.

Start Date:


Duration & Attendance Qualification Tuition fees Fee type
2 years
Part Time
MSc £7,500 Overseas Fees
2 years
Part Time
MSc £5,000 Home Fees
1 year
Full Time
MSc £15,000 Overseas Fees
1 year
Full Time
MSc £10,000 Home Fees

Qualifications required:

  • You should have some mathematical background (A-level, IB, AP or any other equivalent secondary school qualification) and one of the following:
  • a 2.1 (or equivalent) undergraduate degree in economics or a related discipline (e.g. finance)
  • a 2.1 (or equivalent) undergraduate degree in business, management, politics, law, accounting, psychology, quantitative sociology or financial journalism
  • a 2.1 (or equivalent) undergraduate degree in a quantitative discipline (such as mathematics, engineering, computer science or a natural science)
  • Students with a good 2.2 in one of the above disciplines might be considered on a case-by-case basis.
  • All students must also meet the English language requirement for the programme as specified in the next section.