ObjectivesThe MSc in Economics and Financial Economics is a high quality taught graduate course in economics which has ESRC recognition under its "1+3" awards system. The course is specifically designed to train you in the use of analytic and quantitative methods in examining economic issues, and to provide research training of the level required to proceed to a PhD programme in Economics. Building on the core Economic Theory module, the MSc in Economics and Financial Economics provides specialist modules on Financial Economics and Financial Econometrics – both of these modules are quite technical. There is also the opportunity to select the modules in Decision-making under Risk and Uncertainty, Options and Futures Markets, and Behavioural Finance. At the end of your studies, you will be equipped with core skills and techniques for analytical work on financial markets. The content of this course is influenced by the research experience and activities of staff associated with the Centre for Finance and Credit Markets.
Academic titleMSc Economics & Financial Economics
Course descriptionKey facts
-The MSc in Economics and Financial Economics is a high quality taught graduate course in economics, which has ESRC recognition under its "1+3" awards system.
-The Nottingham School of Economics is a recognised centre of excellence in teaching, having achieved a perfect score of 24/24 in the latest QAA teaching audit.
-It is also one of the premier centres for teaching and research in economics in the UK, achieving a 5A ranking in the most recent Research Assessment Exercise.
-CFCM, the Centre for Finance and Credit Markets (formerly the Experian Centre for Economic Modelling), was founded in 2000. Its research programme focuses on a number of specific issues arising from household and corporate debt, default on debt, and on the wider issue of the operation of credit markets.
Course Content
During the first semester, you will pursue core modules in:
-Microeconomic Theory
-Macroeconomic Theory
-Econometric Theory
-Economic Data Analysis
In the second semester, you will take four more modules, two of which will be in Financial Economics and Financial Econometrics.
The remaining two modules are a free choice of options from a wide range, including:
-Advanced Macroeconomic Theory
-International Macroeconomics
-Economic Applications of Game Theory
-Advanced Microeconomic Theory
-Behavioural Economic Theory
-Experimental Methods in Economics
-Time Series Econometrics
-Financial Econometrics
-Applied Microeconometrics
-Labour Economics
-Public Economic Theory
-Income Distribution and Poverty
-International Trade Theory
-Trade Analysis and Policy
-Global Environmental Issues
-Applied Money and Finance
-Financial Economics
-Behavioural Finance
-Development Policy Analysis
-Development Microeconomics
-Options and Futures Markets
-Decision-making under Risk and Uncertainty
Please note that not all Semester 2 modules are taught in every year and that all modules may be subject to change.
You will write a supervised dissertation over the summer period on a topic of your choice related to Financial Economics.
Course Structure
The MSc in Economics and Financial Economics is taught over 1 year on a full-time basis.
You will be required to complete 120 credits’ worth of core and optional modules before undertaking a supervised dissertation on a topic of your choice.
Modules on this course are mainly assessed by examinations at the end of the semester in which the module is taught. Some modules are also assessed on the basis of coursework.