Explore our Economics and International Financial Economics taught Master's degree.

P-L1P7

MSc

1 year full-time

19 September 2022

Economics

University of Warwick

Economics and International Financial Economics MSc offers an unbeatable combination of strong core studies and specialist, advanced options. At Warwick's Economics department, ranked 3rd in the UK (The Complete University Guide 2022) and 25th the World (The QS World University Subject Rankings 2021), you will conduct academic research with guidance from world-leading experts.

This course will be open for applications from 1^st December 2021.

Our exciting MSc in Economics and International Financial Economics is designed to link economic theory and empirical economics with the practice of international finance.

The course will provide you with a thorough grounding in advanced core areas of microeconomic and macroeconomic theory, econometrics and research methods, plus the opportunity to specialise in international financial economics, engaging in contemporary theoretical and empirical debates.

You will be automatically enrolled on a pre-sessional Mathematics and Statistics programme to equip you with the relevant methodological skills you need to succeed. By the end of the course, you will be able to read and understand research papers and articles in academic journals, build theoretical models, and initiate empirical research and evaluate its findings.

Skills from this degree

• Rigorous advanced training in economic analysis and techniques, which includes opportunities to contribute to current economic research and debates
• Analytical approach to thinking about problems, policies and decision-making in economics and international financial economics
• Research skills; use of library and internet as information sources; locating, extracting, analysing, and presenting material
• Numeracy and quantitative skills; use of mathematics and diagrams, understanding data, statistical analysis
• IT skills; word processing and spreadsheets; specialist econometric or statistical software; internet applications
• Written and oral communication skills

You will have a combination of lectures, and small group support and feedback classes. You will also learn through independent study, which will include reading journals and books, completing problem sets and assessments, revising for exams and undertaking research.

In the summer term and summer vacation your independent study time will increase as you complete your research dissertation. Your dissertation work will normally be individually supervised on a one-to-one basis and we have an effective personal tutor system providing individual support.

We encourage one-to-one interaction with our world-leading academics and offer great flexibility in the optional modules that allow you to specialise or diversify your studies.

Core modules are in the range of 50-175 students; optional modules vary (15-75) and classes typically average around 15-20 students.

An average of 8-10 hours of lectures and 3 hours of classes per week.

For MSc students, assessment is through formal examinations, coursework and an individually supervised research dissertation.

Feedback is a vital part of the assessment process, as it helps you to reach your full potential by identifying the strengths and weaknesses of your work and the actions needed to develop your understanding and enhance your performance.

Feedback is provided in a variety of ways, including:

• Grades and comments on marked work
• Solutions to problem sets
• Verbal feedback from tutors and peers in classes
• Advice and Feedback hours with academic staff
• Personal tutor meetings

Pre-Sessional Mathematics and Statistics

You are required to attend Introductory to Mathematics and Statistics, which will be taught in the two weeks before the University’s main term begins.

The course is designed to ensure that your maths and statistical knowledge and skills are at the standard required for you to succeed on the rest of the MSc course and it consists of both lectures and small group learning. Further information can be found at the following Economics web page.

Reading lists

Most departments have reading lists available through Warwick Library. If you would like to view reading lists for the current cohort of students you can visit our Warwick Library web page.

Your timetable

Your personalised timetable will be complete when you are registered for all modules, compulsory and optional, and you have been allocated to your lectures, seminars and other small group classes. Your compulsory modules will be registered for you and you will be able to choose your optional modules when you join us.

2:i undergraduate degree (or equivalent) specialising mainly in economics. This means you should have achieved a good standard in undergraduate courses in microeconomics, macroeconomics and econometrics/economic statistics at an intermediate level.

We also expect a good standard achieved in mathematics taken at undergraduate level.

• Band A
• IELTS overall score of 6.5, minimum component scores not below 6.0.

There are no additional entry requirements for this course.

The following basic structure applies to the MSc Economics and International Financial Economics (MSc):

An online Pre-sessional Mathematics and Statistics course for the first two weeks. You will need a computer with good internet access to allow for this period of online study.

• Microeconomics A
• Macroeconomics A

or

• Microeconomics B
• 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.

• Three option modules
• A dissertation

Students need to have previously completed undergraduate courses in microeconomics, macroeconomics and econometrics/economic statistics at an intermediate level. The MSc Economics and International Financial Economics (MSc) is a quantitative degree and students will need to be competent in several areas of mathematics. All students attend a short pre-sessional mathematics and statistics course before the term starts.

Core and optional core modules

• Microeconomics A and Macroeconomics A OR Microeconomics B and Macroeconomics B
• Quantitative Methods: Econometrics A OR Quantitative Methods: Econometrics B
• Dissertation

Read more about the core and optional core modules on our Economics web pages.

• Topics in Global Finance
• Economics of Financial Markets
• Game Theory
• International Trade
• Monetary Economics
• Topics in Public Finance

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