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University of Glasgow: Economics
| Institution | University of Glasgow View institution profile |
|---|---|
| Department | Adam Smith Business School View department profile |
| Web | www.gla.ac.uk/schools/business |
MSc
Summary
The Masters in Economics provides you with the expertise needed for data-driven decision making. Designed to equip you with essential skills for roles as economic analysts, policy advisors, consultants, researchers, or data scientists, the programme covers key areas such as public policy, financial market analysis, economic forecasting, and development planning. In semester two, you can choose to specialise in either Economics or Economics & Econometrics.
WHY THIS PROGRAMME - This programme aims to bridge academia and industry through connections with central banks, policy bodies, and the private sector, incorporating economics, mathematics, data science, finance, behavioural economics, and computer science.
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You can tailor your studies to your career goals by choosing between the Economics or Economics & Econometrics pathways.
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The programme focuses on sustainability and diversity, and equips you to navigate the complexities of today's global business landscape.
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You will develop a comprehensive understanding of economic decision-making and apply economic theories to real-world issues like public policy, global development, and sustainability.
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Hands-on workshops with data exercises and economic modelling tasks help you apply methods and gain practical skills in software like Python, R, Matlab, Stata, and EViews.
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A highlight of the programme, an applied project or case study in financial economics allows you to address industry challenges and showcase your interdisciplinary competencies.
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You will benefit from comprehensive support from our experienced staff, with access to top-tier resources to excel in your studies and career.
PROGRAMME STRUCTURE You will take four core courses and 50 credits of optional courses from your chosen pathway. Additionally, you will take a research methods course and carry out an applied project or case study in economics.
Core courses Econometrics 1 Macroeconomic Theory 1 Mathematical Methods 1 Microeconomic Theory 1
Optional courses Economics pathway Applied Computational Finance Asset Pricing: Theory and Empirics Behavioural Macroeconomics Econometrics 2 Experimental Economics Industrial Organisation Macroeconomic Theory 2 Mathematical Methods 2 Microeconomic Theory 2 The New Economics of Inequality Topics in Computational Macroeconomics
Economics & Econometrics pathway Artificial Intelligence in Finance Asset Pricing: Theory and Empirics Bayesian Data Analysis Econometrics 2 Experimental Economics
Research project Applied Project
CAREER PROSPECTS As a graduate of this programme, you will have advanced knowledge in economic theory and analysis, with a strong base in areas like microeconomics, macroeconomics, and econometrics. You will be skilled in data analysis and using statistical tools to solve complex economic problems. Moreover, you can interpret economic data for policy-making, conduct independent research, and communicate findings clearly.
Career opportunities include roles as:
Economic Analysts Policy Advisors Consultants Researchers Data Scientists Engaging in areas such as public policy design, financial market analysis, economic forecasting, and development planning.
| Study type | Taught |
|---|---|
| Level | SCQF Level 11 |
| Entry requirements | 2.1 Hons (or non-UK equivalent) in Economics, Finance, Engineering, Physics, Mathematics, Statistics, Data Science, Computing Science, or a related discipline with some quantitative focus. Candidates with a 2.1 Honours degree in any subject and 2 years professional work experience in a business, public sector, policy or finance services role will be considered on an individual basis. |
| Location | Gilmorehill (Main) Campus University Of Glasgow University Avenue Glasgow G12 8QQ |
Master of Research - MRes
Summary
This two-year Economics MRes programme provides rigorous mathematical training in modern economics. It will equip you with a thorough understanding of the research tools and techniques, both theoretical and empirical, required for the analysis of economics.
WHY THIS PROGRAMME - This two-year MRes programme offers a unique structure that provides thorough foundational training in economics, following the established model used by leading US universities, this programme provides a rigorous PhD preparation .
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It is designed for students with a strong quantitative background, but limited exposure to economics, as well as those with prior economics training who want to deepen their understanding in line with current research standards
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The curriculum includes extensive training in mathematics, statistics, and econometrics, alongside a rigorous theoretical approach to the core areas of economics.
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You will learn from experts in the field. Your lecturers are active researchers who publish in top economics journals like Econometrica, Journal of the European Economic Association, Journal of Econometrics, The Economic Journal, Theoretical Economics, and Review of Economic Dynamics.
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As part of the Economics Group, you will have the chance to join a vibrant research community that hosts seminars, workshops, and welcomes international visitors working at the forefront of the field.
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Take advantage of our personalised skills development programme designed to enhance both academic and professional capabilities, helping you prepare for a successful career in research, policy, or industry.
PROGRAMME STRUCTURE During the first two weeks you will take a pre-sessional mathematics course. This ensures that you all begin the programme on the same mathematical footing. In year one you will receive comprehensive research-oriented training in research methods and the core areas of economics. You will also receive advanced training in research design and complete an independent summer research project under academic supervision.
After year one of this programme you will have the option to graduate with an MSc Quantitative Economics, or continue to year two which will focus on the specialised fields of applied economics; preparing you for your PhD.
In year two you will take optional courses in your chosen subfield of specialisation, as well as work on a dissertation that will lead to your PhD proposal (should you decide to proceed further onto a PhD in Economics). Teaching will be in the format of lectures, tutorials and seminars, with work on research projects.
Core courses Econometrics 1 Econometrics 2 Macroeconomic Theory 1 Macroeconomic Theory 2 Mathematical Methods 1 Mathematical Methods 2 Microeconomic Theory 1 Microeconomic Theory 2
Optional courses may include Advanced Mathematical Methods in Economics Applied Time Series and Forecasting Bayesian Data Analysis Industrial Organisation Issues in Economic Research Topics in Applied Microeconomics Topics in Computational Macroeconomics Topics in Macroeconomic Theory 2 Topics in Microeconomic Theory 1 Topics in Microeconomic Theory 2
Research project 1st Year Research Project
CAREER PROSPECTS This programme provides you with thorough preparation for PhD research, and completion at a sufficiently high level guarantees admission into the Glasgow Economics PhD programme. You will also be extremely well-positioned to be accepted for PhD study in other universities. Upon completion of the programme you will be equipped to pursue careers in academia, government, industry or consulting. We have a dedicated careers and employability team who provide 1-2-1 support and advice, group workshops, employer events on campus and networking opportunities throughout the year to help you with your career prospects.
| Study type | Research |
|---|---|
| Level | SCQF Level 11 |
| Entry requirements | 2.1 Hons (or non-UK equivalent) in Economics, Mathematics, Statistics, Computer Science, Physics or Engineering. Applicants are required to submit a personal statement which clearly evidences a strong desire to pursue an academic career in Economics and show evidence of exposure to multivariable Calculus, matrix Algebra and basic Probability/Statistics. Only academic references will be accepted. Referees will know the applicants in the capacity of students/researchers, not from internship or work in private/public sector. Applicants are encouraged to submit any additional (academic) documents they believe will support their application. |
| Location | Gilmorehill (Main) Campus University Of Glasgow University Avenue Glasgow G12 8QQ |
About the Adam Smith Business School
Welcome to the Adam Smith Business School at the University of Glasgow, where history meets innovation, and you meet your future.
The University of Glasgow’s Adam Smith Business School is proud to be part of one of Europe’s top business schools, distinguished by the prestigious triple crown accreditation from AACSB, AMBA, and EQUIS, a mark of global excellence held by fewer than 1% of business schools worldwide.
Founded in 1451, the University of Glasgow is the fourth oldest university in the English-speaking world. With centuries of academic heritage, we continue to …
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