Programme structure: Economics (MSc) - what's running in 2024/25

    This section describes which Units you will take in which year of study. It indicates which units are mandatory and where you will be able to choose. The overall pass marks you will need to achieve in order to progress or achieve an award are shown. The full regulations concerning progression and completion are held in the University's Regulations and Code of Practice. Any particular aspects of your programme that are unusual will be highlighted. If any Units are must pass this will be shown below. The linked unit specifications detail any additional requirements.

    What do the Levels represent?

    What do the teaching blocks (TB) mean?

    If you are selecting optional units, ensure that you have a balanced workload through the year.

  • Year 1 (2024/25)
Unit name Unit code Credit points Status Teaching Block
All students must take the following mandatory units:
Microeconomics ECONM0044 20 Mandatory TB-1
Macroeconomics ECONM0043 20 Mandatory TB-1
Econometrics ECONM0039 20 Mandatory TB-1
Dissertation (MSc Economics + Economics Pathways) ECONM0045 60 Mandatory AYEAR
Students then select 60 credit points from one of the following pathways:
Students choosing the Economics (Macroeconomics) pathway must take:
Public Finance and Monetary Policy ECONM0038 20 Optional TB-2
International Economics and Finance ECONM0036 20 Optional TB-2
Plus one of the following units:
Banking ACFIM0041 20 Optional TB-2
Derivatives ACFIM0027 20 Optional TB-2
Behavioural Finance ACFIM0024 20 Optional TB-2
Students choosing the Economics (Economic Policy) pathway must take:
Policy Experiments ECONM0037 20 Optional TB-2
Programme Evaluation ECONM0040 20 Optional TB-2
Plus one of the following units:
Labour Economics ECONM0035 20 Optional TB-2
Economics of Education ECONM0042 20 Optional TB-2
Development Economics ECONM0046 20 Optional TB-2
Empirical Industrial Organisation ECONM0013 20 Optional TB-2
Students choosing the Economics pathway must take any three of the following:
Banking ACFIM0041 20 Optional TB-2
Derivatives ACFIM0027 20 Optional TB-2
Behavioural Finance ACFIM0024 20 Optional TB-2
Labour Economics ECONM0035 20 Optional TB-2
Economics of Education ECONM0042 20 Optional TB-2
Development Economics ECONM0046 20 Optional TB-2
Policy Experiments ECONM0037 20 Optional TB-2
Programme Evaluation ECONM0040 20 Optional TB-2
Machine Learning for Economics ECONM0011 20 Optional TB-2
Empirical Industrial Organisation ECONM0013 20 Optional TB-2
International Economics and Finance ECONM0036 20 Optional TB-2
Public Finance and Monetary Policy ECONM0038 20 Optional TB-2
Applied Financial Econometrics ECONM0009 20 Optional TB-2
MSc Economics   180    

Award requirements

The pass mark set by the University for any level 7 unit is 50 out of 100.

For detailed rules on the award of credit, reassessment and award of a qualification please see the Regulations and Code of Practice for Taught Programmes and the relevant faculty handbook.

Degree classifications:

A classification will be awarded in the following qualifications:

  • Taught postgraduate Masters degree, including a Master of Research (MRes)
  • Postgraduate Diplomas and Certificates where these are specifically named entry-level qualifications
  • Exit awards of Postgraduate Diplomas and Certificates in designated programmes (as described in the programme specification) where students choose to withdraw from the intended programme but otherwise achieve the necessary credit points for the exit award.

A classification is not awarded for exit awards where students are required to withdraw from the programme on academic grounds.

The overall final programme mark is calculated as the average of all unit marks in the programme, weighted by credit point value.

The classification of the award in relation to the final programme mark is as follows:

  • Distinction = final programme mark of 70+
  • Merit = final programme mark of 60-69
  • Pass = final programme mark of 50-59
  • Fail = final programme mark of 49 or less

* The MA in Law has separate regulations for awarding distinction and merit.

Diploma/certificate stages:

To be awarded a postgraduate diploma, students must have successfully completed 120 credit points, of which 100 must be at level 7.

To be awarded a postgraduate certificate, students must have successfully completed 60 credit points, of which 40 must be at level 7.

Additional progress information

Students who choose one of the specialist pathways will graduate with the pathway reflected on their certificate.

Related links