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Course Structure

The course can be conducted on a full-time (one year) or a part-time basis (two years). The course is for ten months duration, on a full-time basis, with two weeks of preliminary training in mathematics and statistics prior to commencement of the MSc. The preliminary course commences in early September and the M.Sc. concludes by the following June. The course can also be undertaken on a part-time basis over two years. The preliminary course in mathematics and statistics must be completed prior to being allowed onto the programme register.

Michaelmas Term 2017

September

Mathematics & Statistics Course

This is intended as a refresher course of undergraduate mathematical and statistical techniques with some introduction of advanced concepts.

  • Mathematics: Week 1 - 15 hours of lectures with daily homework
  • Statistics: Week 2 - 15 hours of lectures with daily homework

Additional Mathematics and Statistics classes will be taught during Michaelmas Term

September – December

  • Macroeconomics I - 18 hours of lectures & 9 hours of classes
    • Theories of Consumption and Investment
    • Economics Growth
    • Assessment: 9 problem sheets completed under supervision.
  • Microeconomics I - 18 hours of lectures & 9 hours of classes
    • Consumption and Production
    • Game Theory
    • Assessment: 9 problem sheets completed under supervision.
  • Econometrics I - 18 hours of lectures & 18 hours of classes/labs
    • Classical Linear Regression, Maximum Likelihood, Panel Data, Limited Dependent Variables
    • Assessment: 4 problem sheets and 1 supervised applied assignment.
  • Research Topics - 18 hours of lectures.
    • Assessment: 2 assignments and a presentation.

Examinations:

3-hour examinations in each of Macroeconomics, Microeconomics and Econometrics are held in the last week of Michaelmas Term.

Part-time option: Part-time students take Microeconomics I and Macroeconomics I in Year 1 and Econometrics I and Research Topics in Year 2.

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Hilary Term 2018

January to April

  • Macroeconomics II - 18 hours of lectures & 9 hours of classes. Students select two of the following three modules:
    • Monetary Policy and the New Keynesian Business Cycle (5 ECTS)
    • International Macroeconomics (5 ECTS)
    • International Finance (5 ECTS)
    • Assessment: 9 problem sheets completed under supervision.
  • Microeconomics II - 18 hours of lectures & 9 hours of classes. Students select two of the following three modules:
    • Development Economics and Experiments
    • Spatial Economics and Big Data
    • Topics in Political Economy
    • Assessment: 9 problem sheets completed under supervision.
  • Econometrics II - 18 hours of lectures & 18 hours of classes/labs
    • Introduction to Time Series analysis
    • Multivariate Time Series analysis
    • Assessment: 4 problem sheets and 1 supervised applied assignment.
  • Research Topics - 18 hours of lectures
    • Assessment: 2 seminar papers and 2 presentations

Examinations:

3-hour examinations in each of Macroeconomics, Microeconomics and Econometrics is held in the last week of Hilary Term.

Part-time option: Part-time students take Microeconomics II and Macroeconomics II in Year 1 and Econometrics II and Research Topics in Year 2.

Trinity Term 2018

April to June

A mark of 50% is required in each module in order to proceed to the dissertation stage.

  • Dissertation: A 12,000 word dissertation to be submitted by 30 June.

The Research Topics modules in Michaelmas and Hilary Terms will include research methodology and will assist students in developing dissertation proposals, help on how to choose a topic and how to proceed.

Deadlines will be established prior to and during the dissertation period covering outline, structure, literature review, data collection and submission of first draft to monitor each student's progress.

A research proposal must be submitted by the end of Hilary term (of year 2 for part-time students), with the aim of completing a minor dissertation on this topic by June 30th for full-time students and August 31st for part-time students. Dissertations that do not meet the minimum standard required will be subject to either ‘minor corrections', in which case students will have two months to revise and resubmit their dissertation, or ‘major revisions' where students must register for an additional six month period to undertake revisions and resubmit their dissertation for examination.

Additional Information

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