Our Diploma is aimed at students without a background in economics, and will provide training in the core components of modern economic analysis and appropriate quantitative methods. You will acquire the ability to analyse economic problems, both empirically and theoretically, developing knowledge of economic trends, institutions and policy.
The Diploma plus MSc programme is available for those who plan to convert from a first degree subject other than Economics to a Master’s in Economics. Following a successful completion of the Diploma to a required standard you will then be eligible to progress onto our MSc programmes in Year Two.
Core modules
Core Modules (Year 1)
Macroeconomics 2
This module provides students with the opportunity to understand the core theoretical models used in macroeconomics, for both closed and open economies, and how to use them to enhance their comprehension of real-world macroeconomic experiences, especially involving macroeconomic policy.
Microeconomics 2
This module builds on students’ understanding of basic principles of economics from EC109 by providing an intermediate level exposition to microeconomic principles.
You will be exposed to a range of applications and theories. You will gain an understanding of how markets work in general equilibrium, choice under uncertainty as well as an introduction to strategic behaviour (game theory) for both cooperative and non-cooperative games. You will gain skills and techniques to analyse problems from a mathematical, graphical and intuitive perspective applying your knowledge to real world scenarios.”
Econometrics 1
The Econometrics I section of the course aims to familiarise students with modern econometric techniques relating to the analysis of financial and macro time series.
Core Modules (Year 2)
Microeconomics A and Macroeconomics A
or
Microeconomics B and Macroeconomics B
These modules will develop your understanding of advanced economic analysis, with more applied versions (A) or more technical/theoretically orientated versions (B). As a guide, we expect students opting for the B versions of Microeconomics and Macroeconomics to have obtained the equivalent of a First class mark (70%) in their undergraduate studies, though we will consider a request to take a B variant even if that prerequisite is not met.
Quantitative Methods: Econometrics A
or
Quantitative Methods: Econometrics B
Econometrics A covers fundamental econometrics research skills and Econometrics B will supplement the development of these key and fundamental professional skills by looking at more advanced topics.
A dissertation
Optional modules
Optional modules can vary from year to year. Example optional modules may include:
Development Economics (Macroeconomics)
Economics of Money and Banking
Game Theory
Labour Economics
Topics in Applied Macroeconomics
