Duration: One calendar year (full-time) Two years(part-time, daytime only) Three Years (part-time, daytime only) We recommend that part-time students have between two and a half and three days free in the week to pursue their course of study.

Entry Requirements: Minimum upper second class honors degree (or equivalent) in Economics

Start of programme: September intake only

Mode of Attendance: Full Time or Part Time

All the courses offered by the Department of Economics approach the subject matter from a development perspective. Students on the MSc Development Economics will complete courses on Macroeconomics, Microeconomics, Econometrics and Growth and Development. In addition, students must take three optional courses and complete a dissertation in an area of applied economics.

The objectives of the programme are:

  • To enable students to apply the principles of economic analysis to the design of economic policy
  • To teach postgraduates the technical and analytical skills to qualify them to practice as professional economists
  • To enable practicing professional economists to improve and update their skills and knowledge
  • To impart the skills and knowledge that enable students to progress towards Ph.D. research

Students will benefit from studying with experts in development economics within the Department. More broadly, students will benefit from the Department's Political Economy of Development seminar series and other open lectures offered in the School.

All students are required to complete the compulsory preliminary course in Mathematics and Statistics (including Computing) to begin studying on this programme. This course is taught over a three week period from the beginning of September covering mathematics, statistics, and computing.


The MSc Development Economics is a taught Masters degree, taught within a structures programme being obtained mainly by research and dissertation. It consists of eight-course modules delivered through lectures, classes, and tutorials and a 10,000-word dissertation. The degree is awarded on the basis of examinations written in May and a dissertation which is submitted in September. All students must complete and pass the Basic Mathematics and Statistics course which is taught over three weeks in August/ September before the start of the core courses of the MSc.

The structure of the modules for this programme is similar to the MSc Economics with reference to certain area courses except that students have three modules for their options. A complete list of courses in the programme is listed below, not all of which are offered in any single year. Please note that some courses may be taught in other departments of the School. CORE All students need to choose eight courses from the list below. A 10,000-word dissertation on an approved topic is compulsory and is in addition to the taught courses.

Students with strong econometrics background may follow an alternative combination of quantitative modules allowing them to take both Advanced Econometrics A and Advanced Econometrics B without having to complete Econometrics first. Students who wish to apply for this alternative quantitative structure must contact the convenor of Econometrics prior to taking the Preliminary examination. Applicants will undertake an assessment during the Welcome week based on examination papers of previous years' Econometrics.

Core Modules

  • Macroeconomics 15PECC005 (15 credits) Term 1
  • Microeconomics 15PECC006 (15 credits) Term 1
  • Growth and Development 15PECC007 (15 credits) Term 2
  • Econometrics 15PECC008 (15 credits) Term 1
  • Dissertation for MSc Development Economics 15PECC995 (60credits) Full Year


  • Advanced Econometrics A 15PECC045 (15 credits) Term 2


  • Advanced Econometrics B 15PECC051 (15 credits) Term 2

AND any THREE of the following:

Choose from the optional modules listed below, students cannot choose two regional options from the same region. If Advanced Econometrics A or Advanced Econometrics B is not taken as a core module, Advanced Econometrics A or Advanced Econometrics B can be taken as an optional module.

  • African economies 1: applied microeconomic analysis 15PECC024 (15 credits) Term 1
  • African economies 2: applied macroeconomic analysis 15PECC025 (15 credits) Term 2
  • Applied economics of the Middle East 1 15PECC028 (15 credits) Term 1
  • Applied economics of the Middle East 2 15PECC029 (15 credits) Term 2
  • Economic development of South Asia a) the macroeconomy 15PECC026 (15 credits) Term 1
  • Economic development of South Asia b) major sectors & the international 15PECC027 (15 credits) Term 2
  • Economic development of the Asia Pacific region 1 15PECC030 (15 credits) Term 1
  • Economic development of the Asia Pacific region 2 15PECC031 (15 credits) Term 2
  • Advanced Econometrics A 15PECC045 (15 credits) Term 2
  • Advanced Econometrics B 15PECC051 (15 credits) Term 2
  • China's Economic Transformation 15PECH024 (15 credits) Term 1
  • China and World Development 15PECH023 (15 credits) Term 2
  • Economic Development of Japan 15PECH025 (15 credits) Term 2
  • Economics of environment and development 15PECC048 (15 credits) Term 2
  • Financial systems and economic development 15PECC036 (15 credits) Term 1
  • Gender Economics (PG) 15PECH026 (15 credits) Term 1
  • Global Production and Industrial Policy 15PECH027 (15 credits) Term 1
  • Global Economic Policy Analysis 15PECC063 (15 credits) Term 1
  • History of Economic Analysis 15PECH006 (15 credits) Term 1
  • International Trade and Investment 15PECC018 (15 credits) Term 1
  • International Finance 15PECC019 (15 credits) Term 2
  • Institutions and Governance 15PECC064 (15 credits) Term 2
  • Marxist political economy and world development 15PECC047 (15 credits) Term 2
  • Political Economy of Agriculture and Food 15PECC049 (15 credits) Term 1
  • Political Economy of Institutions 15PECC020 (15 credits) Term 2
  • Theory of financial institutions & policy 15PECC021 (15 credits) Term 2
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Last updated January 23, 2019
This course is Campus based
Start Date
1 - 3 years
11,545 GBP
Full-time UK/EU Fees: £11,545; Full-time Overseas Fees: £19,730 per academic year
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