MSc Economics and Philosophy

Course Introduction

The MSc Economics and Philosophy offers a unique combination of rigorous training in economics together with the opportunity to engage with moral, methodological and foundational questions.

Taught jointly by the Department of Economics and the Department of Philosophy, Logic and Scientific Method, this thoroughly interdisciplinary programme encourages you to engage constructively with key economic and political issues, whilst allowing you to explore and question their conceptual and theoretical foundations. Questions typically addressed include: What are the moral advantages and disadvantages of market institutions? Can we make interpersonal comparisons of well-being, and if so, how? How do models of economic phenomena relate to the actual social world? What are the assumptions underlying the rational choice model in economics? Can they be normatively justified? Are they descriptively accurate?

You will have access to the wealth of resources available in both the Economics and the Philosophy Departments, including research seminars and colloquia on topics in economics, rational and social choice, scientific evidence and policy-making. You may apply to the LSE Internships programme in Public Policy, Social Issues and Public Affairs, which offers internships to LSE graduate students in key organisations working across the field of public policy, social issues and public affairs.

Teaching methods

LSE is internationally recognised for its research and courses are taught by members of the faculty, who are research leaders in the field.

Assessment

All taught courses include formative (i.e. unassessed) coursework. This 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 and many others. Summative assessment may be conducted during the course or by final examination at the end of the course.

Careers

The degree offers a good preparation for doctoral research in both economics and philosophy. It also prepares students for careers in financial institutions, and intergovernmental, governmental, and non-governmental organisations, and for employment in such fields as financial and economic journalism and consulting.

Start Date

Introductory Course in Mathematics and Statistics begins in late August 2020.. Introductory Course in Mathematics and Statistics begins in late August 2020..

Tuition & Fees

Duration & Attendance Qualification Tuition fees Fee type
2 years
Full Time
MSc £22,608 Home Fees
2 years
Full Time
MSc £22,608 European Fees
2 years
Full Time
MSc £22,608 Overseas Fees
3 years
Part Time
MSc £11,304 Home Fees
3 years
Part Time
MSc £11,304 European Fees
3 years
Part Time
MSc £11,304 Overseas Fees

Qualifications Required

  • Domestic entry requirements: Students need to have a First class honours degree or equivalent with concentration on economics and quantitative subjects. Successful candidates will typically have achieved very good examination results in university-level two-semester length courses in [a] mathematics (both advanced calculus and linear algebra), [b] econometrics and statistics, [c] intermediate macro and microeconomics.
  • International entry requirements: Students need to have a First class honours degree or equivalent with concentration on economics and quantitative subjects. Successful candidates will typically have achieved very good examination results in university-level two-semester length courses in [a] mathematics (both advanced calculus and linear algebra), [b] econometrics and statistics, [c] intermediate macro and microeconomics. Students need to have: an IELTS score of 7.0 overall (Reading 6.5, Listening 6.5, Writing 6.5, Speaking 6.5); TOEFL 100 (Reading 23, Listening 22, Writing 24, Speaking 22).
  • TOEFL score: 100