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2: MSc Courses


Getting started

Induction and enrolment

You are required to enrol as a student at the start of the academic year, and you can do this online before arriving on campus. Please follow the University's guidance by visiting our student enrolment pages.

Although the Introductory Mathematics and Statistics teaching takes place in the two weeks before term starts (Monday 21 September — Friday 2 October 2020 inclusive), lectures for your other Autumn Term modules start on the Monday of Week 2 (Monday 12 October 2020).

Details of all important dates are given below.

Important Dates

Pre-Term
Mon 21 Sep 2020 9am-12pm - MSc Welcome & Induction (Microsoft Teams)
Mon 21 Sep — Fri 2 Oct 2020 Introductory Maths & Statistics (Online)
Thu 24 Sep 2020 6.30-7.30pm - Quiz (Online)
Tue 29 Sep 2020
Introductory Maths & Statistics Multiple Choice Test 1 (first attempt)
Thu 1 Oct 2020

Course Meetings (Webinars)

Fri 2 Oct 2020 Introductory Maths & Statistics Multiple Choice Test 1 (second attempt)
Autumn Term (5 Oct – 12 Dec 2020)
Mon 5 Oct 2020 Revision Lecture for Introductory Maths and Statistics (Online)

Deadline for signing-up online for the compulsory Library Database Training workshop

Wed 7 Oct 2020 9am-6pm (flexible window) - Introductory Maths & Statistics Test 2 (Online)
Mon 5 — Fri 9 Oct 2020 Personal Tutor Week
Spring Term (11 Jan – 20 Mar 2021)
Mon 11 — Fri 15 Jan 2021 Examinations for Microeconomics and Macroeconomics
Mon 22 — Fri 26 Feb 2021 Personal Tutor Week
Easter Vacation (22 Mar - 24 April 2021)
Mon 22 Mar 2021
Project deadline for EC902 Quantitative Methods: Econometrics A & EC910 Quantitative Methods: Econometrics B
Tues 6 Apr 2021 Deadline for submitting proposed title of dissertation and prospective supervisors online form
Summer Term (26 Apr – 3 Jul 2021)
Fri 7 May - Sat 22 May 2021 MSc Exam Period
Mon 24 May 2021 Deadline for all students to be allocated a dissertation supervisor
Fri 4 Jun 2021 Deadline for submitting dissertation ethical scrutiny form (if applicable)
Mon 7 Jun - Fri 18-Jun 2021 Dissertation presentations
Mon 28 Jun 2021 Dissertation proposal submission deadline
Summer Vacation
Wed 1 Sep 2021 Project submission deadline for MSc Behavioural and Economic Science
Wed 15 Sep 2021 Dissertation submission deadline for MSc in Economics and MSc Economics and International Financial Economics
Wed 16 Mar 2022 MSc dissertation deadline for those with granted extensions

Course overview

MSc Economics (L1P6) is run entirely from within the Department. MSc Economics and International Financial Economics (L1P7) is also run within the Department and follows a similar structure to that of MSc Economics, but the choice of optional modules and the dissertation topic are more focused.

There are two courses which operate in conjunction with other departments. The MSc in Behavioural and Economic Science (Economics Track) (C8P8) is a joint degree programme run by the Departments of Economics and Psychology: the Department of Economics is responsible for the administration of this programme and all enquiries should be directed to the Economics Postgraduate Office. The MSc in Finance and Economics is managed by the Warwick Business School (although a number of modules on the course are taught by members of the Economics Department) and you should direct any questions about that course to the Finance Masters Programmes team in Warwick Business School.

Course Specifications

There is a course specification for every MSc course. Each course specification sets out the aims of the course, the skills and knowledge a graduate from that course will possess, as well as how it is taught and assessed.

Course aims and learning outcomes for subject knowledge and understanding are given below. Learning outcomes for cognitive and professional skills are given in the Skills development section of the handbook.

MSc Economics

Course Aims

  • The discipline of economics. To provide students with a coherent and structured programme of learning that builds on an undergraduate background that contains a significant proportion of economics, provides a rigorous advanced training in economic analysis and techniques, and which includes opportunities to contribute to current economic research and debates.
  • Problem-solving and policy implications. To promote an analytical approach to thinking about national and international economic problems, policies, and decision-making.
  • Economics and other subjects. To encourage links, where appropriate, between economics and selected other disciplines by providing opportunities for those students who wish it, to combine the study of economics with study of other subjects including finance, and business studies.
  • Responding to students' aspirations. To meet students' aspirations to: study in a supportive and intellectually stimulating environment, including working alongside leading economic researchers; to train for possible employment as specialists in economics and related disciplines, or in wider fields where analytical and critical thinking are required or for PhD study.
  • Responding to labour market needs. To meet national and international demands for high-quality postgraduates: in particular fields of employment, research, and further study where specialised training in economics and related disciplines is required; and in broader fields of employment which require the generic and subject-specific skills, including analytical and critical thinking, associated with a training in economics and related disciplines.

Learning outcomes - Subject knowledge and understanding

  • Economic principles. Knowledge and understanding of advanced core concepts and methods of analysis in microeconomics and macroeconomics.
  • Applied economics. Knowledge and understanding of how advanced economic models and quantitative techniques are applied to problems arising in public policy and in the private sector.
  • Economic data. Knowledge of economic trends and patterns; survey data; and an understanding of problems and solutions in economic measurement including evaluation methods.
  • Research and debate. Detailed knowledge of contemporary theoretical and empirical debates and research outcomes in core economics and in some more specialised areas of economics.

MSc Economics and International Financial Economics

Course Aims

  • The discipline of economics, specialising in International Financial Economics. To provide students with a coherent and structured programme of learning that builds on an undergraduate background that contains a significant proportion of economics, provides a rigorous advanced training in economic analysis and techniques, and which includes opportunities to contribute to current economic research and debates.
  • Problem-solving and policy implications. To promote an analytical approach to thinking about national and international economic problems, policies, and decision-making; student awareness of practical and policy issues assisted by the interaction with external lecturers.
  • Economics and other subjects. To encourage links, where appropriate, between economics and selected other disciplines by providing opportunities for those students who wish it, to combine the study of economics with study of other subjects including finance, and business studies.
  • Responding to students' aspirations. To meet students' aspirations to: study in a supportive and intellectually stimulating environment, including working alongside leading economic researchers; to train for possible employment as specialists in economics and related disciplines, or in wider fields where analytical and critical thinking are required or for PhD study; allowing students to specialise in the topic of their choice.
  • Responding to labour market needs. To meet national and international demands for high-quality postgraduates: in particular fields of employment, research, and further study where specialised training in economics and related disciplines is required; and in broader fields of employment which require the generic and subject-specific skills, including analytical and critical thinking, associated with a training in economics and related disciplines.

Learning outcomes - Subject knowledge and understanding

  • Economic principles. Knowledge and understanding of advanced core concepts and methods of analysis in microeconomics and macroeconomics.
  • Applied economics. Knowledge and understanding of how advanced economic models and quantitative techniques are applied to problems arising in public policy and in the private sector.
  • Economic data. Knowledge of economic trends and patterns; survey data; and an understanding of problems and solutions in economic measurement including evaluation methods.
  • Research and debate. Detailed knowledge of contemporary theoretical and empirical debates and research outcomes in core economics and in the International Financial Economics.

MSc Behavioural and Economic Science

Course Aims

  • To develop a theoretical understanding of key models and results in behavioural economics and economic psychology.
  • To learn how to design, conduct and analyse behavioural experiments.
  • To learn to implement standard models of choice.
  • To learn to access and analyse large-scale datasets.
  • To learn to initiate economic enquiry and test economic models.

Learning outcomes: Subject Knowledge and Understanding

  • Knowledge and understanding of advanced core concepts and methods of analysis in microeconomics.
  • knowledge of economic trends and patterns; survey data; and an understanding of problems and solutions in economic measurement including evaluation methods.
  • understanding of fundamental concepts in mathematics and statistics relevant to the other core modules
  • detailed knowledge of contemporary theoretical and empirical debates and research outcomes in specialised areas of behavioural and economic science.
  • knowledge and understanding of how advanced economic models and methods are applied to problems.
  • understand key concepts in experimental design, and the difference between experimental approaches in economics and psychology.
  • be able to design and run simple experiments in the areas of memory, perception, judgment and decision-making.
  • be able to write up experimental reports in the style required by the American Psychological Association.
  • be able to analyse data and draw conclusions.
  • understand core concepts in memory, attention, perception, social, and neuropsychology and their importance for human judgement and decision making.
  • understand the difference between experimental approaches in economics and psychology.
  • be able to write statistical analysis in the style required by the American Psychological Association.
  • be able to conduct reproducible statistical analysis using the general and generalized linear model.
  • be familiar with the new estimation approach to statistics, as well as the traditional null-hypothesis significance test.
  • research introductory level with the R and Matlab programming languages.
  • understand how to turn mathematical models into computer simulations.
  • demonstrate competence at formulating a valid research question and designing an empirical investigation.
  • demonstrate competence at conducting an empirical investigation.
  • demonstrate competence at analysing and interpreting the results.
  • demonstrate competence at writing up the project in a standard format suitable to publication.

Course Regulations

Degree Course Regulations are the rules by which each degree operates in terms of the structure. The regulations exist to ensure that the degree courses remain relevant and the quality remains high. The various rules and restrictions ensure that the degree content is not unduly diluted whilst allowing you the flexibility to make choices and to tailor your degree to your particular interests. It is important that you familiarise yourself with the regulations for your degree course by carefully reading the relevant information below, as failure to adhere to them can have serious consequences.

You should regard your degree course regulations as being largely static throughout your time in the Department. However, you should also be aware that the Department does sometimes have occasion to amend these regulations. We do this for positive reasons: we want to keep the content of your degree course up-to-date and reflective of exciting developments and trends in the field; or we may have new academic staff joining us with new perspectives and ideas for new modules. Sometimes, we may need to adjust the CATS weighting of a module, or revisit which students should be able to take it and in which term a module is taught. On other occasions, we may feel it's necessary to suspend or discontinue a module, perhaps because of staffing changes or in order to keep our curriculum fresh and dynamic. Whatever the reason for such changes, the Department is committed to consulting with our students prior to major changes to our degree courses. This consultation may happen via the Graduate Student-Staff Liaison Committee (GSSLC) or through wider means. If you are affected by major changes to the curriculum, degree course regulations and other regulatory changes, you will be informed by the Department in a timely manner. Should you need advice on any aspect of your degree course regulations, please contact the Postgraduate Office.

Concerning the availability of modules, we cannot guarantee that all modules listed in this Handbook will be available each year or that the same lecturer will continue to deliver the modules. There are reasons why at times the Department may have to remove or make changes to a module:

  • A module teacher going on study leave;
  • Academic staff leaving Warwick;
  • Another module is made available so the current one is removed to avoid overlap;
  • Continuous review of the curriculum and teaching methods to ensure we are teaching relevant and interesting material;
  • The need to ensure that assessment methods are the most suitable for a particular module;
  • The possibility of suspending a module due to the current COVID pandemic.

Each degree course is comprised of a number of core (compulsory) modules, together with optional modules. Your degree course regulations set out which modules you must take.

Warwick uses the Credit Accumulation and Transfer Scheme (CATS) to express credit weightings for each module. Credit is expressed in quantified form so that achievement in different contexts can be broadly compared in terms of intellectual depth (level) and relative volume (number of credits). One CAT represents 10 hours of learning time.

The minimum credit to be taken for an MSc degree is 180 CATS and the minimum pass mark for all postgraduate modules is 50%. To be awarded your MSc degree you must pass 150 CATS, including all core modules, providing that a mark of at least 40% is obtained in the failed module(s). If you have not reached the standard required for the award of MSc, you may be awarded the Postgraduate Diploma or Postgraduate Certificate if you reach an appropriate standard. The dissertation/project, which shall be on an approved topic, shall be submitted following successful completion of the taught component of the degree programme.

For further information on degree requirements please read the Examinations section of the handbook.

Course structure

MSc Economics

  Pre-Term Autumn (Term 1) Spring (Term 2) Summer (Term 3)
Optional Core/Core  

One module (44 CATS) from:

EC901 Economic Analysis AA

EC9D3 Economic Analysis BB

EC9D4 Economic Analysis BA

 EC9D5 Economic Analysis AB

   
Introductory Maths and Statistics

One module (50 CATS) from:

EC902 Quantitative Methods: Econometrics A

EC910 Quantitative Methods: Econometrics B

 
    Research Methods  EC959 Dissertation (36 CATS)
Optional     Three modules (18 CATS), no more than one IB-coded module, from:
  • EC916 Topics in Global Finance
  • EC924 Monetary Economics
  • EC931 International Trade
  • EC941 Game Theory
  • EC943 Industrial Economics
  •  EC966 Labour Economics
  • EC979 Health Economics
  • EC981 Topics in Public Finance
  • EC982 Development Economics
  • EC984 Experimental Economics
  • EC988 Economics of Financial Markets
  • EC989 Behavioural Economics
  • EC990 Topics in Applied Macroeconomics
  • EC991 Topics in Applied Microeconomics
  • EC993 Public Policy in Developing Countries
  • EC994 Applications of Data Science
  • PS931 Bayesian Approaches to Behavioural Science
  • IB9JE Forecasting Economic and Financial Time Series*
  • IB9X7 Derivatives Securities*
  • IB9Y2 Behavioural Finance*
  • IB9Y4 International Financial Management*

* Limited places (15 CATS). Please be aware that the Warwick Business School modules are challenging technical courses. You should have a strong mathematics and statistics or econometrics ability.

 


MSc Economics and International Financial Economics

  Pre-Term Autumn (Term 1) Spring (Term 2) Summer (Term 3)
Optional Core/Core  

One module (44 CATS) from:

EC901 Economic Analysis AA

EC9D3 Economic Analysis BB

EC9D4 Economic Analysis BA

 EC9D5 Economic Analysis AB  
   
Introductory Maths and Statistics

One module (50 CATS) from:

EC902 Quantitative Methods: Econometrics A

EC910 Quantitative Methods: Econometrics B

 
    Research Methods  EC959 Dissertation (36 CATS)
Optional     Three modules (18 CATS), including at least one from LIST A and not more than one IB-coded module:

LIST A
  • EC916 Topics in Global Finance
  • EC924 Monetary Economics
  • EC981 Topics in Public Finance
  • EC988 Economics of Financial Markets

LIST B
  • EC931 International Trade
  • EC941 Game Theory
  • EC982 Topics in Development and Transition
  • EC989 Behavioural Economics
  • EC990 Topics in Applied Macroeconomics
  • EC991 Topics in Applied Microeconomics
  • EC993 Public Policy in Developing Countries
  • EC994 Applications of Data Science
  • IB9JE Forecasting Economic and Financial Time Series*
  • IB9X7 Derivatives Securities*
  • IB9Y2 Behavioural Finance*
  • IB9Y4 International Financial Management*

* Limited places (15 CATS). Please be aware that the Warwick Business School modules are challenging technical courses. You should have a strong mathematics and statistics or econometrics ability.

 

MSc in Behavioural & Economic Science (Economics Track)

  Pre-Term Autumn (Term 1) Spring (Term 2) Summer (Term 3)

Optional Core/Core

 

One module (22 CATS) from:

EC901 Economic Analysis A: Microeconomics

EC9D3 Economic Analysis B: Microeconomics

   
Introductory Maths and Statistics

One module (30 CATS) from:

EC907 Quantitative Methods: Econometrics A

EC987 Quantitative Methods: Econometrics B

   
  PS922 Issues in Psychological Science (15 CATS)    
  PS923 Methods and Analysis in Behavioural Science (15 CATS)    
      PS916 Research Project (30 CATS)
Optional     Five modules from:
  • EC984 Experimental Economics
  • EC989 Behavioural Economics
  • PS918 Psychological Models of Choice
  • PS919 Behavioural Change: Nudging and Persuasion
  • PS927 Neuroeconomics
  • PS931 Bayesian Approaches to Behavioural Science
  • IB9AN Principles of Cognition
  • IB9ZC Behavioural Ethics
  • IB9Y2 Behavioural Finance*

* Limited places. Please be aware that IB9Y2 is a challenging technical module. You should have a strong mathematics and statistics or econometrics ability.

Teaching and Learning

We will be offering a blend of online and in person learning this academic year, with teaching mainly carried out through lectures and classes. You will also be expected to undertake your own independent study. In the summer term and summer vacation your independent study time will increase as you revise for exams and complete your research dissertation. Further information on contact time is given in the Study Hours Statement.

Lectures

Lectures will be take place online through a combination of asynchronous (pre-recorded) lectures and synchronous (live streamed) lectures. Asynchronous lectures can be provided in bite-sized chunks to give you the chance to engage at a time and speed that suits you best. Most of the modules will be delivered using a combination of one hour per week of asynchronous lectures and one hour of synchronous lectures. The optional core modules offered for Economic Analysis, which is only taught in the Autumn Term, will have two hours of asynchronous lectures and one hour of synchronous lectures every week.

Support and Feedback Classes

Optional core modules have one hour per week of classes, and we are planning to hold some in person and some digitally. We'll also be prepared if circumstances significantly change. So, if there are periods when access to campus is restricted to protect your health and safety, we'll have plans in place to switch to wholly online teaching if necessary.

Support and Feedback classes, classes, seminars and tutorials are all different terms for essentially the same thing: compulsory teaching in small groups. In what follows, these terms will be therefore used interchangeably.

Module

Description

EC901 Economic Analysis AA

EC9D3 Economic Analysis BB

EC9D4 Economic Analysis BA

EC9D5 Economic Analysis AB

Lectures: for 9 weeks in the Autumn Term.
Classes: one class per week over 8 weeks in the Autumn Term.

EC902
Quantitative Methods:
Econometrics A

Introductory Maths and Stats: a number of lectures and classes held within the two weeks prior to the start of the Autumn Term.

Lectures: for 18 weeks in the Autumn and Spring Terms.
Classes: One class per week over 16 weeks in Autumn and Spring Terms. Two classes in the Spring Term for project work.

EC910
Quantitative Methods:
Econometrics B

Introductory Maths and Stats: a number of lectures and classes held within the two weeks prior to the start of the Autumn Term.

Lectures: for 18 weeks in the Autumn and Spring Terms.
Classes: One class per week over 16 weeks in Autumn and Spring Terms. Two classes in the Spring Term for project work.

EC907
Quantitative Methods:
Econometrics A (for MSc in Behavioural and Economic Science - Economics Track students)

Introductory Maths and Stats: a number of lectures and classes held within the two weeks prior to the start of the Autumn Term.

Lectures: for nine weeks in the Autumn Term.
Classes: One class per week over eight weeks in the Autumn Term.

EC987
Quantitative Methods:
Econometrics B (for MSc in Behavioural and Economic Science - Economics Track students)

Introductory Maths and Stats: a number of lectures and classes held within the two weeks prior to the start of the Autumn Term.

Lectures: for nine weeks in the Autumn Term.
Classes: One class per week over eight weeks in the Autumn Term and one class in the Spring Term.

EC959 Dissertation: Research Methods A number of workshops and lectures in the Spring and Summer Terms.
PS922
Issues in Psychological Science
Lectures and classes: for 10 weeks in the Autumn Term.
Classes: One class per week over five weeks in the Autumn Term.
PS923
Methods and Analysis in Behavioural Science
Lectures and classes: Two hours per week over 10 weeks in the Autumn Term.
Classes: One class per week over five weeks in the Autumn Term.
Optional modules Lectures: for nine weeks in the Spring Term.
Classes: this varies by module and hours are published on individual module pages.


* Hours indicated are approximate contact hours.

Online module registration

When you enrol at Warwick in September you will need to register your module/exam choices for the 2020/2021 academic year using the eVision Module Registration (eMR) system. The system will be open from Thursday 1 October to Friday 23 October 2020.

You will be able to see a personalised page where you can view any modules that may be core for your course, select any optional core and optional modules, and confirm your choices. Please note that your choices are subject to checking and approval by the Department.

The eMR system will also re-open at the start of the Spring Term in order for you to review and confirm your choices of optional modules by Friday 29th January 2021 (week 17).

You are not permitted to change between two modules that take place in the same term after eMR has closed in the relevant term. You are advised to make any changes as early as possible, as you may find it very difficult to catch up. If you do change your modules, it is your responsibility to catch up on any missed work and this cannot be used as a mitigating circumstance, should your performance in any module be adversely affected.

Before the end of week 17 of the Spring Term, it is your responsibility to make sure you are registered for the correct optional modules on eMR. If you fail to do this, there can be serious consequences in terms of which exams you are required to sit.

Economic Analysis

The Economic Analysis modules will provide you with a firm understanding of the key principles of microeconomic and macroeconomic analysis. Microeconomics and Macroeconomics will have an applied/policy oriented version (A) and a more technical/theoretically oriented version (B).

MSc Economics and MSc Economics and International Financial Economics students are asked to choose one 44 CAT module from:

  • EC901 Economics Analysis AA, which includes Microeconomics A and Macroeconomics A
  • EC9D3 Economics Analysis BB, which includes Microeconomics B and Macroeconomics B
  • EC9D4 Economics Analysis BA, which includes Microeconomics B and Macroeconomics A
  • EC9D5 Economics Analysis AB, which includes Microeconomics A and Macroeconomics B

MSc BES (Economics Track) students will take one 22 CAT module from:

  • EC901 Economics Analysis A (Microeconomics)
  • EC9D3 Economics Analysis B (Microeconomics)

A variants

If you have done a reasonable amount of Microeconomics and Macroeconomics previously (as in a typical undergraduate module) you may take EC901 Economic Analysis AA, which will cover the key principles of Economic Analysis and some important applications including to economic policy.

B variants

The three modules involving the B variants of Microeconomics and Macroeconomics (ED9D3, ED9D4 and ED9D5) will be of particular interest for those of you intending to proceed to a PhD degree after your MSc course. You must have strong mathematics and econometrics or statistics ability, and a pre-requisite will normally be (the equivalent of) a First-class mark (70%) from your undergraduate degree, though there will be some flexibility around this pre-requisite: you are allowed to submit a registration for the B variant even if you do not meet the criterion, but you must first get email approval from the Director of Graduate Studies (Taught Degrees), Dr Lory Barile.

More details about the four modules are given on the MSc Modules webpages.

Exams for Economic Analysis modules will be held in January and they will be taken online. You can read more about online exams and the Alternative Exam Portal (AEP) in the Exams Section of the Handbook.

Econometrics A or Econometrics B?

All MSc students are asked to choose between Quantitative Methods: Econometrics A and Quantitative Methods: Econometrics B.

Econometrics A covers fundamental econometric research skills. If you have done a reasonable amount of econometrics previously at undergraduate level then you should take Econometrics B. You should note that you may not necessarily find that Econometrics A is 'easier' than Econometrics B. More details about the two modules are given on the MSc Modules webpages.

To take Econometrics B you should be familiar with the following topics (or be prepared to fill in any minor gaps on your own):

  • Ordinary Least Squares
  • Tests of linear restrictions (F-tests, t-tests, chi-squared tests)
  • Dummy variables as explanatory variables
  • Heteroscedasticity and autocorrelation
  • Exogeneity and IV estimation.

Examinations for the Econometrics modules will be held in May.

Optional modules

The MSc Economics and the MSc Economics and International Financial Economics require you to take three optional modules, while the MSc Behavioural and Economic Science (Economics Track) programme requires you to take five optional modules. All optional modules will be taken in the Spring Term.

You may also wish to sample or audit further options (that is, sit in on the lectures) if you can find the time. However, please do not ask to be examined for more than three optional modules as departmental policy does not allow for this, for the simple reason that our MSc programmes are already very intensive. Should you wish to audit an additional optional module please speak first with the module leader and then inform the Postgraduate Office if permission is granted.

We are intending to offer the options listed on the MSc Modules webpages. Although we try to run all optional modules, occasionally, we have to withdraw a module due to availability of staff or the number of students who choose it. If this is the case, you will be informed as soon as possible.

Students of the MSc Economics and the MSc Economics and International Financial Economics may be permitted to take one of four Business School modules, namely; IB967 International Financial Markets, IB9X7 Derivative Securities, IB9Y2 Behavioural Finance and IB9Y4 Forecasting Economic and Financial Time Series (IB9Y4 has EC910 Quantitative Methods: Econometrics B as a prerequisite). Students of the MSc Behavioural and Economic Science (Economics Track) may be permitted to take Behavioural Finance (IB9Y2).

Please note that places on these modules are limited and a ballot may be applied in case of excess demand. If you choose a Business School module you may not then change this module once you have been allocated a place. You should also be aware that these are challenging technical modules and you must have a strong mathematics and statistics or econometrics ability to take them. Please avoid these modules if you have done little maths or statistics/econometrics before your MSc and do not choose them if you find Introductory Maths and Statistics and the Autumn Term core modules difficult.

We would not recommend taking an optional module in the Autumn Term when the core module teaching takes place. Please see the Director of Graduate Studies (Taught Degrees) if you are contemplating this.

There will be a Presentation of Optional Modules Meeting on Friday 9 October 2020 in week one of the Autumn Term in order to aid your choice. Further information will be disseminated via email.

Timetable

Please note that the timetable is subject to change at short notice so we do not print it in this handbook. Your individual timetable of online synchronous lectures and both online and in-person classes can be viewed online using Tabula. It will be complete when you are registered for all modules, core and optional, and you have signed up to your module Support and Feedback classes and any other timetabled teaching.

Please make sure that you check your timetable regularly. A summary timetable for your course can also be viewed on the MSc website. We will notify you by email if any lectures or classes need to be cancelled at short notice, and we will also update Tabula.

Your face-to-face classes take place in a variety of places across campus so make sure you keep a campus map handy. The University of Warwick interactive campus map is a great way to find your location and help plan your route. Face-to-face sessions will begin at five minutes past the hour and end at ten minutes to the hour in order to allow people to enter and vacate the room in line with Covid-19 safety measures.

Support and Feedback classes

For core modules, you will have Support and Feedback classes to go over topics within your module in much more detail than in lectures. These are essentially a feedback session and should be used as such. This academic year classes will be offered both in person and online. Essentially, you are in much smaller groups than in lectures. Thus, this represents for you a good opportunity to discuss topics in more depth as well as receive feedback on your work to further understand key concepts. Your preparation for module Support and Feedback classes and participation in the class discussions are essential to your economics education. You should expect each module to have information on how these classed will run in the current circumstances. More generally, each class will be managed by a tutor who will:

  • Invite you to raise problems;
  • Provide feedback on your understanding of material;
  • Lead discussion;
  • Invite you to lead discussion, usually after some preparation;
  • Assign and grade coursework;
  • Record your attendance, participation and marks;
  • Offer you any individual advice.

Class tutors also have Advice and Feedback hours every week during term time. It is important that you take the opportunity to clarify any areas of confusion and develop your understanding of the topics by further reading and discussion with your peers and tutors. Advice and Feedback hours details can be accessed on the Economics website, and we will provide you with the web address by email once the details have been finalised.

Class attendance

You can sign up for classes by logging into Tabula. Please note that you are required to attend all of your classes, whether they are online or face to face sessions.

At each class your tutor will record your attendance or absence and input this data into Tabula. If you have been marked 'absent' you will see an 'Absent' flag appear on your Tabula page next to the class in question. It is then your responsibility to explain your absence, providing evidence as to why you could not attend. For short-lived illnesses, you should provide a self-certification form as evidence, which can be downloaded from the MSc forms webpage. Please note that the Department will monitor the number and frequency of episodes of self-certified illness. The Programmes Manager will decide whether or not the reason is valid and either condone or uphold your absence accordingly. If you believe an error has been made, you should contact the Postgraduate Office immediately.

Reading Lists, lecture handouts and exam papers

Module Reading lists are available centrally through the Talis Aspire system. Copies of reading lists and other module lecture notes and handouts are normally supplied for lectures and classes via Moodle.

Exam papers for the last three years are available on the University Exam Paper Archive.

Recorded lectures

Economics modules use Lecture Capture for asynchronous lectures, which is supported via IT Services. Lecture Capture allows you to view an mp4 file which should include sound from the relevant lecture and may show accompanying projected images used in the lecture (slides and/or visualizer). The recordings will be published on the appropriate module Moodle page and will be retained until the end of the academic year.

Recordings in the lecture capture system are intended for use by students registered on the relevant module and should be clearly marked as Warwick resources. Access is limited to the staff and students of the University and you are not allowed to share recordings further.

Microsoft Teams recordings will also normally be provided in Moodle for live streamed lectures.

We do not permit personal capture of lectures or classes without explicit approval of the lecturer or tutor concerned.

The University's Lecture Capture Policy and Policy on Recording of Lectures by Students provides further information on recording lectures.

Changing programmes of study

Almost all students complete the degree course on which they were first registered. However, a few find that they wish to change degree course. You should not be surprised to feel some occasional doubts about whether or not you are following the right degree course.

If you have persistent doubts about whether you are on the right degree course you should first consult with your Personal Tutor or attend a Wellbeing session. If you decide that you wish to change to another degree course you should make a course transfer request in Student Records Online.

Transfers involving other departments are never automatic. All transfers to degree courses outside Economics require the specific agreement of the department to which you wish to transfer. Within the Department of Economics, it is sometimes possible to transfer from one of the degree courses to another early in the Autumn Term (no later than Friday 23 October 2020 - end of week 3). Please be aware that:

  • It is normally possible to change between the MSc Economics and MSc Economics and International Financial Economics.
  • It is sometimes possible to change from MSc Behavioural and Economic Science (Economics Track) to MSc Economics or MSc Economics and International Financial Economics; this will depend on the modules you have taken at undergraduate level and transfer requests will need to be approved by an Admissions Tutor.
  • You will not be permitted to change from an MSc degree to the MRes/PhD in Economics. Guidance on how to apply for a place on the MRes/PhD programme after completing your MSc degree can be found on our admissions website.

Temporary withdrawal

A temporary withdrawal is an approved period of time when you are not studying for your award and it is governed by University Regulation 36.1. You may request, in the first instance, a maximum of 12 months' temporary withdrawal from your course of study. In order to make a temporary withdrawal request, you should first talk with your Personal Tutor or Senior Tutor, and then complete a Temporary Withdrawal Request form, which should be submitted along with the relevant medical or other evidence. The Director of Graduate Studies (Taught Degrees) will recommend that the request be approved or declined and if it is recommended for approval, the request will be sent to the Academic Office for final approval or decline.

You should inform Student Finance of your temporary withdrawal once it has been confirmed.

During a period of temporary withdrawal or resit without residence, you are not permitted to attend lectures or classes. However, in order to help you prepare for your return to study or sitting examinations, access to University IT facilities and the Library will normally continue during these periods.

Note: If you are a Tier 4 Visa holder you should seek advice from an Immigration Adviser as temporary withdrawal will affect your visa.

If you are returning part-way through an academic year, you will be assessed on the basis of the syllabus you have personally followed during your period of study. If the syllabus of a module has changed during your absence, then you will be set a special examination paper which covers the material you have followed.

Permanent withdrawal

If you feel that you would like to permanently withdraw from your course, whether after a period of temporary withdrawal or not, please make an appointment to see your Personal Tutor or Senior Tutor. If, after discussion, you are resolved to withdraw from your course, you must complete the online Permanent Withdrawal Request form. The Director of Graduate Studies (Taught Degrees) will approve the form and the Academic Office will be informed of your departure. Please note that you should seek advice from the Student Finance Office on any implications for your fee payments and also Warwick Accommodation. International Students should contact the International Student Office for details on visa implications.

Regulation 36.4 explains the grounds and procedure for requiring you to withdraw temporarily or permanently.

Private tutoring

We actively discourage private tutoring arrangements between undergraduate/postgraduate students and Teaching Assistants, Teaching Fellows and academic staff, but do not prohibit it.

If you are experiencing study difficulties are encouraged to make full use of University and Departmental resources, such as advice from their personal tutor, year tutor, and other academic staff, and the guidance provided by Student Careers and Skills, which should be sufficient to meet your needs.

However, we recognise that we are unlikely to be able to prevent private tutoring arrangements; hence the Department imposes the following regulations:

  • A Teaching Assistant, Teaching Fellow or member of academic staff employed in the Department of Economics is not permitted to tutor privately on an undergraduate or postgraduate module on which they are employed to teach or have previously been employed to teach;
  • A Teaching Assistant, Teaching Fellow or member of academic staff who tutors privately is not permitted to access any materials not available to other students registered for the module;
  • Any private tutoring arrangement must not be conducted on University premises;
  • The Teaching Assistant, Teaching Fellow or member of academic staff must assume responsibility for ensuring the tutee is aware that the tutoring arrangement does not form part of the tutee’s Warwick degree, that it is not governed by any of the University’s or Department’s quality assurance mechanisms, and that the Department will not be accountable for any misinformation given out as part of the private arrangement.

Monitoring Points

As a student, you have some responsibilities to the Department, just as we have responsibilities to you. We want to be sure that you are coping with your work and not falling behind, so we ask that you meet a number of ‘Monitoring Points’ throughout the academic year.

As you progress through the academic year you will be able to see on your Tabula page how many Monitoring Points you have successfully made and how many you have missed. Please inform the Postgraduate Office should you believe a mistake to have been made in your Monitoring Points record.

Please be aware that you will be contacted should we become concerned about your missed Monitoring Points.

  • After three monitoring points are missed we will contact you to investigate whether you are having any problems that are preventing you from fully engaging with your course.
  • After four Monitoring Points are missed you will be invited to meet with the Director of Student Experience and Progression to discuss your academic progress. We may refer you to the relevant professional within the University welfare system who could help you, such as the Dean of Students, the Disability Coordinator or Mental Health Coordinator, as appropriate.
  • After six Monitoring Points are missed you will be invited to a second meeting with the Director of Student Experience and Progression, and a report will be made to Student Records regarding your non-engagement with your studies. You are now at serious risk of your registration being terminated.
  • If you are absent from classes for a period of at least five weeks, or you miss eight departmental monitoring points, the Department and University is likely to invoke Regulation 36 to begin termination of registration proceedings and your case is handed over to the Academic Office.

International Students should be particularly aware of the consequences of missing Monitoring Points: the Academic Office is obliged to report to the Home Office UK Visas and Immigration (UKVI) if any Tier 4 students have been found not to be engaging with and attending their degree course. This will normally lead to the curtailment of their visas.

We are continuously updating our plans due to the current limitations in our physical interactions. We will let you in due course if any changes apply to the Monitoring Point Schedule below.

MSc Economics, MSc EIFE - Year 1
Contact Point Description Timing
Autumn term
1. Attendance at MSc Welcome and Induction Session Pre-sessional
2. Meeting with Personal Tutor Weeks 1 - 5
3. Attendance at a class for Economic Analysis
Week 3
4. Attendance at a class for Economic Analysis Week 5
5. Attendance at a class for Economic Analysis Week 7
6. Submission of Economics module evaluation Weeks 9 - 10
Spring Term
7. Attendance at a class for Quantitative Methods: Econometrics Week 17
8. Attendance at a class for Quantitative Methods: Econometrics Week 19
9. Attendance at a class for Quantitative Methods: Econometrics Week 21
10. Submission of Economics module evaluation Weeks 23 - 24
Summer Term
11. Attendance at an examination Weeks 32 - 33
12. Submission of dissertation proposal Week 39
Summer Vacation
13. Submission of dissertation or attend resit examination(s) Weeks 48 - 50
MSc Economics, MSc EIFE - Year 2 (March dissertation deadline)
Contact Point Description Timing
Autumn term
1. Contact with PG Office Week 1
2. Contact with PG Office Week 5
3. Contact with PG Office Week 10
Spring Term
4. Contact with PG Office Week 15
5. Contact with PG Office Week 20

6.

Submission of Dissertation


Week 24

MSc Economics, MSc EIFE - Year 2 (September dissertation deadline)

Contact Point Description Timing
Summer Term/Vacation
1. Contact with PG Office Weeks 36-40
2. Contact with PG Office Week 45
3. Submission of Dissertation Week 50


MSc BES (Economics Track) - Year 1

Contact Point Description Timing
Autumn term
1. Attendance at MSc Welcome and Induction Session Pre-sessional
2. Meeting with Personal Tutor Weeks 1 - 5
3. Attendance at a class for Economic Analysis Week 3
4. Attendance at a class for Economic Analysis Week 5
5. Attendance at a class for Economic Analysis Week 7
6. Submission of Economics module evaluation Weeks 9 - 10
Spring Term
7. Attendance at a class for EC984 or EC989 Week 17 or 18
8. Attendance at a class for EC984 or EC989 Week 19 or 20
9. Attendance at a class for EC984 or EC989 Week 21 or 22
10. Submission of Economics module evaluation Weeks 23 - 24
Summer Term
11. Attendance at an examination Weeks 32-33
12. Meeting with project supervisor Weeks 39 - 41
Summer Vacation
13. Submission of project or attend resit examination Weeks 48 - 49
MSc BES (Economics Track) - Year 2 (March project deadline)
Contact Point Description Timing
Autumn term
1. Contact with PG Office Week 1
2. Contact with PG Office Week 5
3. Contact with PG Office Week 10
Spring Term
4. Contact with PG Office Week 15
5. Contact with PG Office Week 20

6.

Submission of Project

Week 24

MSc BES (Economics Track) - Year 2 (September project deadline)
Contact Point Description Timing
Summer Term/Vacation
1. Contact with PG Office Week 36-40
2. Contact with PG Office Week 45
3. Submission of Project Week 48