Objectives
Designed to produce professional economists with a broad range of skills and abilities, and whose work is likely to involve a multi-disciplinary approach to problem solving and policy making, encompassing business, developmental, environmental, financial and regional economics perspectives. Course builds on 4 major core streams in Microeconomic Management and Policy, Macroeconomic Environment, Data Handling and Analysis, and Integrative Economics. A very wide range of elective choices is available.
Course description
Curriculum
* Semester 1 - Pathway Core modules
o Data Handling and Analysis
+ An important part of the work of many economists includes empirical analysis of issues and problems using an economics perspective. Students will begin this class with some previous quantitative background: but that background will often be limited in scope and theoretical in nature. At completion of DHA, you will have a good knowledge of, and practical experience in, those data handling, mathematical, statistical and modelling techniques that are used by practicing economists.
o Integrative Economics
+ The MSc programme as a whole aims, inter alia, to develop the analytical skills of economics graduates for future employment in the private and public sectors. In pursuing this objective, it emphasises application of economic analysis to policy issues and business problems. IE is designed to play three principal roles in attaining these overall programme objectives. The first of these roles relates to integration of, and linkages between, various components of the programme. The second pertains to its problem-based learning approach, and the third to its thorough-going emphasis on teamwork and group learning.
o Macroeconomic Environment
+ ME introduces students to the major perspectives and theories in macroeconomics and develops an appreciation of how macroeconomic policy influences the business environment. It provides you with a policy-oriented understanding of monetary and fiscal policy, and the interactions between the two; the ability to carry out macroeconomic analysis and policy appraisal using Input-Output modelling techniques; and practical experience in applied general equilibrium modelling.
o Microeconomic Management and Policy
+ The module extends the price theoretic model of economic behaviour to consider the role of 'institutions' such as law, contracts and organisations in shaping economic behaviour. The various conceptual tools which economists have developed to make such an analysis possible are surveyed and the usefulness of these tools is illustrated by examples drawn from the fields of economic development, business economics, environmental economics and regional economics.
* Semester 2
o Elective Modules - Select 4
+ Applied Econometrics
+ Financial Economics
+ Analysis of Financial Data
+ International Macroeconomics
+ Corporate Strategies
+ Economics of Strategic Management
+ Competition Policy
+ Economics of Regulation
+ Pollution Control Policy
+ Environmental Modelling
+ International Environmental Policy
+ Water Resource Management
+ Economic Strategy and Policy
+ Money and Capital in Developing Countries
+ Public Sector Finance and Development
+ Industrialisation and Technology
+ Regional Adjustment and Development
+ Regional Development Policy
+ Case Study in Regional Economic Development - the Scottish Economy
+ Multi-Sectoral Regional Economic Modelling
