MSc Global Economic Governance and Policy
Minimum Entry Requirements: Minimum Entry Requirements: Upper Second Honours degree in a relevant subject or discipline (UK), CGPA 3.3 for universities with a selective entry policy and CGPA 3.5 for universities with a non-selective entry policy, equivalent undergraduate degree classification from other countries. Relevant professional experience will be taken into consideration.
Start of programme: September intake only
Mode of Attendance: Full-time
Who is this programme for?
- professionals with a strong interest and need in gaining a thorough academic foundation in, and understanding of, current developments in the area of global economic governance.
- graduate students from other disciplinary backgrounds wishing to further their understanding of global economic policy issues and debates through systematic academic study.
- economics graduate students wishing to specialize in global economic policy and governance.
- Prior knowledge of economics is not a requirement.
The MSc Global Economic Governance and Policy is the most recent addition to the Department of Economics’ portfolio of masters programme. The programme builds on the department’s unique combination of expertise – in policy analysis, regional economics, and critical theoretical perspectives – to provide students with an in-depth understanding of core policy debates in the area of global economic governance. Specifically, the programme focuses on:
- global economic governance: It offers in-depth specialization in this area of wider global governance.
- economic policy: It provides high-level training in the understanding and critical evaluation of economic policy issues, design and solutions, their foundation in the evolution of economic theory and methods, as well as critical discussion of the application of policy design to real-world problems, such as issues of implementation and monitoring.
- regional specificities within the global economy: It provides a differentiated analysis of problems of global economic governance from a range of regional perspectives, in advanced as well as developing country regions.
The programme is taught through two dedicated core courses (Global Economic Governance I: Global Economic Policy Debates and Analysis and Global Economic Governance II: Institutional and Governance Debates on Economic Development and Growth). In addition, students can choose from a wide range of optional courses and will write a 10.000-word dissertation.
All students wishing to take optional module(s) in the School of Law but do not have an undergraduate Law degree must complete an intensive two-week preliminary module in Law and Legal Method which is taught from 11 September - 22 September 2017. The School of Law preliminary module fee for 2017/18 is £350.
The MSc in Global Economic Governance and Policy is a new Masters programme designed for professionals and postgraduate students, with or without a prior background in economics, who wish to gain a focused and in-depth understanding of contemporary economic governance and policy debates from an Economics perspective.
The MSc is taught through four dedicated core modules. The first, Global Production and Industrial Policy (15PECH027), introduces students to the analysis of the global production (and trade) system, its evolution, structure, and interdependencies, as well as the ways in which industrial policies have an impact on these systems. International economics, theories of the growth of the firm and industrial organization, technological change, and innovation, are selectively introduced to disentangle value creation, capture and distribution dynamics both within and across countries. The economics of industrial policy (its designing principles, governance mechanisms, and evaluation techniques) are analyzed in a comparative framework by reviewing the global (and historical) variety of industrial policy approaches, models, and packages. Particular emphasis is assigned to the study of technology and financial infrastructures.
The second module, Global Economic Policy Analysis (15PECC063) introduces students to core policy debates on global economic governance and different theoretical perspectives on economic policy design. Students will achieve a thorough understanding of different theoretical perspectives on economic policy tools and processes, the history of international policy regimes and of core areas of current global economic policy debates.
The third module, Political Economy of Institutions (15PECC020), introduces students to the economics of institutions and the role of political economy in understanding institutional performance in developing countries. This covers the growing interest and literature on institutions and institutional economics, the institutions of capitalism and the transition to capitalism, the role of property rights, firms and property right stability during this transition. The course will deal with both the “new institutional economics” approaches to these questions and alternative approaches based on a comparative historical analysis and the implications for institutional policy in transition and developing countries.
Finally, the fourth module, Institutions, and Governance (15PECC064), is designed to make students aware of the policy implications of current institutional economics and governance debates on issues affecting catching-up economic development and global growth based on a thorough understanding of the theoretical underpinnings of competing for policy positions. Topic covered will include the role of the state, rents in economic development, different strategies of catching up, the role of democracy and of authoritarianism in economic transitions, problems of corruption and anti-corruption strategies. Core learning outcomes include a thorough understanding of competing for policy positions on these aspects of global economic governance and the underlying theoretical underpinnings of these positions.
In addition, students will choose up to four optional modules (depending on the weight of the options, see the list below), from across a range of SOAS departments plus a 10,000-word dissertation.
Students can, but do not have to, choose a course structure that, in addition to the programme’s focus on policy analysis and training, provides research methods training, for instance, if they are interested in doing a Ph.D. If students are interested in this “research track”, among the four optional modules they have to choose the following two: Statistical Research Techniques (15PECC039); Research Methods (15PECC040).
- Global Production and Industrial Policy 15PECH027 (15 credits) Term 1
- Global Economic Policy Analysis 15PECC063 (15 credits) Term 1
- Institutions and Governance 15PECC064 (15 credits) Term 2
- Political Economy of Institutions 15PECC020 (15 credits) Term 2
- Dissertation in Global Economic Governance and Policy 15PECC996 (60credits) Full Year
MSc GEGP students will be eligible to take any of the post-graduate courses offered in the Economics Department, pending permission by the course convenors on the basis of the students’ prior academic qualifications in economics.
MSc GEGP students can choose either from a combination of 30 credit modules or 15 credit modules from the following list of modules by the department to make up a total of 60 credits. The availability of open option courses in other FL&SS departments from the below list is conditional on the approval of individual course convenors as well as the usual restrictions with regard to pre-requisites, timetable compatibilities, and availability of individual courses in any one academic year. Students should note that some courses are capped in terms of student numbers and that students from home departments will be given priority in case the relevant caps are reached. All law courses are open only for students with an LLB or who take the Law pre-sessional course offered by the School of Law at SOAS.
15 credit module options
- Applied economics of the Middle East 2 15PECC029 (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
- 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 2 15PECC031 (15 credits) Term 2
- Economic development of the Asia Pacific region 1 15PECC030 (15 credits) Term 1
- Economics of environment and development 15PECC048 (15 credits) Term 2
- Financial systems and economic development 15PECC036 (15 credits) Term 1
- Growth and Development 15PECC007 (15 credits) Term 2
- Research Methods 15PECC040 (15 credits) Term 1
- Statistical Research Techniques 15PECC039 (15 credits) Term 2
- Theory of financial institutions & policy 15PECC021 (15 credits) Term 2
Development Studies Department
- Aid and Development 15PDSH027 (15 credits) Term 1
- Agrarian Development, Food Policy, and Rural Poverty 15PDSH026 (15 credits) Term 1
- Borders and Development 15PDSH023 (15 credits) Term 2
- Civil society, social movements and the development process 15PDSH001 (15 credits) Term 1
- Development Practice 15PDSH013 (15 credits) Term 2
- Extractive Industries, Energy, Biofuels and Development in a Time of Climate Change 15PDSH048 15 Term 2
- Famine and food security 15PDSH022 (15 credits) Term 2 Not Running 2017/2018
- Issues in Forced Migration 15PDSH015 (15 credits) Term 2
- Gender and Development 15PDSH010 (15 credits) Term 1
- Global Commodity Chains, Production Networks and Informal Work 15PDSH024 (15 credits) Term 2 Not Running 2017/2018
- Global Health and Development 15PDSH051 (15 credits) Term 2 Not Running 2017/2018
- Migration and Policy 15PDSH029 (15 credits) Term 1 Not Running 2017/2018
- Natural resources, development, and change: putting critical analysis into practice 15PDSH031 (15 credits) Term 2
- Problems of Development in the Middle East and North Africa 15PDSH019 (15 credits) Term 2
- Security 15PDSH020 (15 credits) Term 1
- The Working Poor and Development 15PDSH030 (15 credits) Term 2
- Understanding Economic Migration: Theories, Patterns, and Policies 15PDSH032 (15 credits) Term 2 Not Running 2017/2018
School of Finance and Management
- International human resource management 15PFMC078 (15 credits) Term 1
- International management 15PFMC072 (15 credits) Term 1
- International Marketing 15PFMC080 (15 credits) Term 1
- Management in China 1 - domestic perspectives 15PFMC067 (15 credits) Term 1
- Management in China 2 - international perspectives 15PFMC068 (15 credits) Term 2
- Management in Japan I 15PFMC018 (15 credits) Term 1
- Risk management 15PFMC071 (15 credits) Term 1
- Topics in the Chinese economy 15PFMC075 (15 credits) Term 1
- Foundations of International Law 15PLAH021 (15 credits) Term 1
- Conflict, rights and justice 15PPOH018 (15 credits) Term 1
- International Politics of Human Rights 15PPOH026 (15 credits) Term 2
- State and Society in Central Asia and the Caucasus 15PPOH022 (15 credits) Term 1
- The Law & Politics of State Violence: An Interdisciplinary Perspective 15PPOH034 (15 credits) Term 2
30 credit module options
- The economic development of South East Asia 15PECC004 (30credits) Full Year Not Running 2017/2018
Development Studies Department
- Political economy of violence, conflict and development 15PDSC003 (30credits) Full Year
- Theory, policy, and practice of development 15PDSC001 (30credits) Full Year
School of Law
- International and Comparative Corporate Law 15PLAC116 (30credits) Full Year
- International and Comparative Copyright Law: Copyright in The Global Village 15PLAC115 (30credits) Full Year
- Law, Environmental and Sustainable Development in a Global Context 15PLAC118 (30credits) Full Year
- Multinational Enterprises and The Law 15PLAC140 (30credits) Full Year
- Law and Natural Resources 15PLAC126 (30credits) Full Year
- Government and politics in Africa 15PPOC205 (30credits) Full Year
- Government and politics of modern South Asia 15PPOC003 (30credits) Full Year
- Government and politics of modern South East Asia 15PPOC247 (30credits) Full Year
- International politics of East Asia 15PPOC251 (30credits) Full Year
- International politics of the Middle East 15PPOC027 (30credits) Full Year
- Northeast Asian politics: Japan, Korea and Taiwan 15PPOC253 (30credits) Full Year
- Politics of Globalisation and Development in Asia and Africa 15PPOC017 (30credits) Full Year
- State and society in the Chinese political process 15PPOC012 (30credits) Full Year
- State & society in Asia & Africa 15PPOC008 (30credits) Full Year
- Taiwan's politics and cross-strait relations 15PPOC252 (30credits) Full Year
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Last updated July 18, 2018