Economics MSc

Course Introduction

Providing a basis for a variety of careers in business, government and academia, this course is designed to equip you with tools and techniques for investigating important economic issues. It provides a grounding in mathematical and econometric techniques:

* looking at the foundations of microeconomics and macroeconomics and their application to new economic problems

* familiarising you with advanced concepts and techniques used in economic analysis, and enabling you to access and evaluate current research output in academic journals and in the public and commercial domain

* providing you with the ability to use methods of economic analysis and related techniques in practical and professional contexts

* examining the issues behind current controversies in economics and finance

* training you in quantitative skills

* requiring you to combine your theoretical and quantitative understanding in an original piece of applied work.

This course is demanding and challenging. We expect you to be competent in intermediate microeconomics and macroeconomics, multivariable calculus, linear algebra and statistics and to understand the basic concepts in economics, so we can focus on developing your ability to do original applied work using advanced methods. You will learn to express original ideas in academic papers and to test them with the use of econometrics (covering linear and dynamic linear regression models, a wide variety of hypothesis tests and techniques for estimating systems of equations). Techniques will be illustrated with economic examples, such as models with rational expectations, as well as consumption, production and money demand functions.

Prospective students without the necessary prerequisites should apply for our Graduate Diploma in Economics, as it prepares you for the MSc.

TEACHING

Teaching may include formal lectures, seminars, and practical classes and tutorials. Formal lectures are used in most degree programmes to give an overview of a particular field of study. They aim to provide the stimulus and the starting point for deeper exploration of the subject during your own personal reading. Seminars give you the chance to explore a specific aspect of your subject in depth and to discuss and exchange ideas with fellow students. They typically require preparatory study.

CAREERS AND EMPLOYABILITY

Graduates can pursue a career in banking and finance, the public sector, industry, and research and analysis. Possible professions include economist, financial risk analyst, statistician, or management consultant. This degree can also be useful in becoming an actuary, Civil Service fast streamer, or local government officer.

Start Date

two to three evenings a week.

Tuition & Fees

Duration & Attendance Qualification Tuition fees Fee type
1 year
Full Time
MSc £13,020 Home Fees
1 year
Full Time
MSc £13,020 European Fees
1 year
Full Time
MSc £19,020 Overseas Fees
2 years
Part Time Evening
MSc £6,510 Home Fees
2 years
Part Time Evening
MSc £6,510 European Fees
2 years
Part Time Evening
MSc £9,510 Overseas Fees

Qualifications Required

  • Domestic entry requirements: A second-class honours degree, or its equivalent, in either a directly relevant or a highly quantitative subject, or the Birkbeck Graduate Diploma in Economics. Non-EU students are encouraged to submit GRE or GMAT results. In some cases, the admissions tutor may request these results in order to make a decision on your application. In that case, you should upload your score report to the online application system as if it were an additional transcript page. Relevant practical work experience also taken into consideration. Demonstrable qualities, such as good time management and the ability to cope under pressure, are vital.
  • International entry requirements: A second-class honours degree, or its equivalent, in either a directly relevant or a highly quantitative subject, or the Birkbeck Graduate Diploma in Economics. Non-EU students are encouraged to submit GRE or GMAT results. In some cases, the admissions tutor may request these results in order to make a decision on your application. In that case, you should upload your score report to the online application system as if it were an additional transcript page. Relevant practical work experience also taken into consideration. Demonstrable qualities, such as good time management and the ability to cope under pressure, are vital. If English is not your first language or you have not previously studied in English, our usual requirement is the equivalent of an International English Language Testing System (IELTS Academic Test) score of 6.5, with not less than 6.0 in each of the sub-tests.