It is ideal if you have a particular interest in development and want to apply an advanced-level knowledge of economics to practical and policy issues.
It will introduce you to a range of techniques for development policy analysis and reviews policy and practice in many of the most important areas of economic policy in developing countries. Core modules provide a solid grounding in economics, while specialised modules give you the opportunity to address current theories, issues and evidence in economic policy.
Content for this course is influenced by the Centre for Research in Economic Development and International Trade (CREDIT), equipping you the knowledge and application of techniques for economic policy analysis in developing countries.
At the end of the course, you will be able to read and understand current and classic research papers in the field of economics and development economics and will have received one-to-one guidance to enable you to complete your first simple theoretical model or experimental or empirical project.
- 6th in the UK for research power in the latest Research Excellence Framework
- Top 100 worldwide for economics in the QS World University Rankings by Subject 2018
This course comprises 120 credits of core and optional modules, plus a 60-credit dissertation on a subject of your choice. You will receive one-to-one support from an expert academic supervisor, and methodological and practical guidance through our Economic Research Methodology module.
In semester one, you will take modules in economic policy analysis, macroeconomics, microeconomics and economic data analysis.
In semester two, you will take two further required modules in trade policy analysis and development policy analysis. You will also start work on your dissertation by taking a module in economic research methodology, and choose two optional modules from a wide range.
After completing your semester two modules, you will undertake a 15,000-word supervised dissertation which will demonstrate familiarity with a particular area of economic development and policy analysis.
Modules are assessed by a combination of exams and coursework at the end of the relevant semester.
- Development Policy Analysis
- Economic Policy Analysis
- Microeconomics: Consumers and Firm Behaviour
- Macroeconomics: Economic Cycles, Frictions and Policy
- Economic Data Analysis
- Trade Analysis and Policy
- Economic Research Methodology
- MSc Dissertation: Economics
- Advanced Macroeconomic Methods
- International Macroeconomics
- Advanced Microeconomic Theory
- Behavioural Economic Theory
- Experimental Methods in Economics
- Monetary Theory and Practice
- International Trade Theory
- Economics of Household Finance
- Economics of Corporate Finance
- Applied Behavioural Economics
- Development Microeconomics
The modules we offer are inspired by the research interests of our staff and as a result may change for reasons of, for example, research developments or legislation changes. This list is an example of typical modules we offer, not a definitive list.
This course is particularly relevant if you wish to work as a professional economist in the private or public sector.
A masters in economics provides a logical and rigorous perspective on human behaviour which is valued by a wide-range of employers around the world, in banking, business, consulting, government and academia.
Former MSc students are spread around the globe, working in academia, government and the private sector. Economics graduate destinations include Barclays, Bloomberg, Deloitte, Economist Intelligence Unit, Goldman Sachs, IBM, PwC, and Thomson Reuters.
Employability and average starting salary
94.4% of postgraduates from the School of Economics who were available for employment secured work or further study within six months of graduation. £31,750 was the average starting salary, with the highest being £45,000.*
* Known destinations of full-time home postgraduates 2016/17. Salaries are calculated based on the median of those in full-time paid employment within the UK.
Career and professional development
Whether you are looking to enhance your career prospects or develop your knowledge, a postgraduate degree from the University of Nottingham can help take you where you want to be.
Our award-winning Careers and Employability Service offers specialist support and guidance while you study and for life after you graduate. They will help you explore and plan your next career move, through regular events, employer-led skills sessions, placement opportunities and one-to-one discussions.
2:1 (or international equivalent) in a discipline with significant economics content
English language requirements
IELTS: 6.5 (no less than 6.0 in any element)
This school offers programs in:
Last updated November 1, 2018