UCL Department of Economics


Programme Overview and Curriculum

You'll be equipped with the powerful tools required to understand the rapidly changing, complex and uncertain modern world economy.

Term 1 

Research Methods - ECON0080

Before you start the MSc Economics degree you'll undertake an online course in Mathematics and Statistics in the summer to lay the foundations for the rest of the degree and prepare you for research in economics or for work as a professional economist. You'll have a review session during the first week of term before core teaching begins. 

Core modules

You'll take three core modules in Term 1, each consisting of 4 hours of lectures and a 1 hour small-group class per week.

Term 2

Research Methods - ECON0080

A one week course covering academic writing skills, empirical and econometric skills and software workshops in the use of Matlab and Stata.

Optional modules

Once you have completed the Research Methods course you'll have the option to take four optional modules from List A and List B.

If you are considering studying at PhD level we advise that you take two or more modules from List B. Students who fulfil this criteria will qualify for a conditional offer upon applying to the UCL MRes/MPhil/PhD Economics programme. 

List A: Applied options

Public Microeconomics - ECON0061

Topics in Labour Economics - ECON0062

Topics in Money and Finance - ECON0063

Economics of Development - ECON0105

Health Economics - ECON0069

Applied Policy Analysis - ECON0075

Agenda Setting and Public Policy - PUBL0027 (not available to MSc Economics students in 2020-21 because the module has moved from Term 2 to Term 1)


Programme Evaluation for Users - ECON0070

Empirical Industrial Organisation - ECON0072

Behavioural Economics - ECON0102

International Trade - ECON0120

Macroeconomic Policy - ECON0073

Environmental Economics: Principles and Policy - ECON0077

International Political Economy - PUBL0004  (or PUBL0027 but not both)Pr

List B: Advanced core options

Advanced Macroeconomic Theory - ECON0057

Time Series Econometrics - ECON0058

Advanced Microeconomic Theory - ECON0059

Advanced Microeconometrics - ECON0060

Term 3 - Exams

Your core and optional courses will assessed by final exams in April/May, during Term 3.  For the Research Methods/Maths and Stats course, you'll take the final examination in the first week of the programme, in September/early October. 

Although weekly problem sets are marked and feedback is given they do not play any part in the final assessment. 

June - September

The Summer period will be focused on completing your Dissertation and the final Research Methods course.

You can find out more about these key sections via the links below: