Programme Specification for the 2025/6 academic year
MSc Economics
1. Programme Details
| Programme name | MSc Economics | Programme code | PTS1SBESBE05 |
|---|---|---|---|
| Study mode(s) | Full Time |
Academic year | 2025/6 |
| Campus(es) | Streatham (Exeter) |
NQF Level of the Final Award | 7 (Masters) |
2. Description of the Programme
The MSc Economics is our flagship postgraduate economics programmes and offers comprehensive training in economics with opportunity to undertake further training in specialist fields. It gives you the opportunity to acquire professional training in mainstream economies, including analytical techniques as well as subject-specific knowledge. The programme aims to provide you with a rigorous training in the techniques of economic and econometric analysis, as an aide to understanding contemporary economic issues.
3. Educational Aims of the Programme
1. To provide an education for students intended to give students competence in their chosen discipline and to encourage them to develop their intellectual capabilities within an institution that is committed to the advancement of research, scholarship and learning, and to the dissemination of knowledge.
2. To equip students with a range of methodological skills and appropriate specialised knowledge.
3. To provide a rigorous training, in a supportive environment, in the techniques of economic and econometric analysis, as an aide to understanding contemporary economic issues.
4. To inform this education by research, and national and international economic development, where appropriate.
5. To provide training in subject-specific skills, preparing students for employment or further study.
6. To provide a training in economics with a range of optional modules.
4. Programme Structure
5. Programme Modules
The following tables describe the programme and constituent modules. Constituent modules may be updated, deleted or replaced as a consequence of the annual programme review of this programme.
http://business-school.exeter.ac.uk/programmes/postgraduate/economics/msc_e/programmestructure/
Your MSc Economic programme is a 1 year programme of study at National Qualification Framework (NQF) level 7 (as confirmed against the FHEQ). The programme is divided into units of study called ‘modules’ which are assigned a number of ‘credits’. The credit rating of a module is proportional to the total workload, with 1 credit being nominally equivalent to 10 hours of work.
This programme is available for study 12 months full-time over three terms and is University-based throughout this time. The taught components of the programme are delivered in the first two terms, leaving the third term and most of the summer to research, write and submit your dissertation. The programme in its entirety runs from October to September.
During the programme you will study modules (including the dissertation) totalling 180 credits. Please note that all options are available timetable permitting and may change.
Please note that programme structures may be subject to change.
Stage 1
Compulsory Modules
| Code | Module | Credits | Non-condonable? |
|---|---|---|---|
| BEEM100 | Macroeconomics | 15 | No |
| BEEM101 | Microeconomics | 15 | No |
| BEEM103 | Optimisation Techniques for Economists | 15 | No |
| BEEM015 | Industrial Economics and Strategy | 15 | No |
| BEEM011 | Applied Econometrics 1 | 15 | No |
| BEEM012 | Applied Econometrics 2 | 15 | No |
| BEEM115 | Research Design and Dissertation | 60 | No |
Optional Modules
You will choose two options totalling 30 credits from a regularly updated selection.
| Code | Module | Credits | Non-condonable? |
|---|---|---|---|
| MSc Economics optional modules 25-26 | |||
| BEAM029 | Topics in Financial Economics | 15 | No |
| BEEM162 | Environmental Economics and Sustainability | 15 | No |
| BEAM036 | Domestic and International Portfolio Management | 15 | No |
| BEAM033 | Banking and Financial Services | 15 | No |
| BEAM047 | Fundamentals of Financial Management | 15 | No |
| BEAM065 | Bank Management | 15 | No |
| BEE3072 | Econometrics: Cause and Effect | 15 | No |
| BEE3077 | Health Economics | 15 | No |
| BEEM117 | Economics of Corporate Finance | 15 | No |
| BEEM125 | Experimental and Behavioural Economics | 15 | No |
| BEEM152 | Behavioural Development Economics | 15 | No |
| BEEM154 | Economics of Public Finance | 15 | No |
| BEEM155 | Development Economics | 15 | No |
| BEEM157 | Behavioural Finance | 15 | No |
| BEEM163 | Research in Practice: Study Design | 15 | No |
6. Programme Outcomes Linked to Teaching, Learning and Assessment Methods
Intended Learning Outcomes
A: Specialised Subject Skills and Knowledge
| Intended Learning Outcomes (ILOs) On successfully completing this programme you will be able to: | Intended Learning Outcomes (ILOs) will be... | |
|---|---|---|
| ...accommodated and facilitated by the following learning and teaching activities (in/out of class): | ...and evidenced by the following assessment methods: | |
1. the ability to apply advanced economic concepts to real-world situations | Lectures, meetings with advisor, and oral and written feedback from advisor and participants of the presentation | ILOs 1-2: • Presentation • Dissertation proposal • Dissertation |
Intended Learning Outcomes
B: Academic Discipline Core Skills and Knowledge
| Intended Learning Outcomes (ILOs) On successfully completing this programme you will be able to: | Intended Learning Outcomes (ILOs) will be... | |
|---|---|---|
| ...accommodated and facilitated by the following learning and teaching activities (in/out of class): | ...and evidenced by the following assessment methods: | |
3. construct a viable and original research dissertation proposal, within the context of existing literature. | Lectures, meetings with advisor, and oral and written feedback from advisor and participants of the presentation | ILOs 3-9: • Presentation • Dissertation proposal • Dissertation |
Intended Learning Outcomes
C: Personal/Transferable/Employment Skills and Knowledge
| Intended Learning Outcomes (ILOs) On successfully completing this programme you will be able to: | Intended Learning Outcomes (ILOs) will be... | |
|---|---|---|
| ...accommodated and facilitated by the following learning and teaching activities (in/out of class): | ...and evidenced by the following assessment methods: | |
10. GLOBALLY ENGAGED: Able to recognise diverse individual and cultural perspectives, in order to communicate on interconnected world issues and sustainable decisions | 10. GLOBALLY ENGAGED BEEM101 Microeconomics’ basic theory is applicable in every country, the examples used in this module can be applied in any firm. BEEM103 Optimization Techniques for Economists module is built upon microeconomics which is relevant across countries as it is based on mathematical models. BEEM 115 Research Design and Dissertation utilizes the analytical skills developed and employed in this module will be applicable across institutions and countries and are multi-national in nature. 11. CRITICAL THINKER BEEM100 Macroeconomics requires students to possess the ability to formulate and manipulate economic models, to place an economic problem in its broader social and political context, and develop as a logical thinker and analytical rigor, and inductive and deductive reasoning skills. BEEM101 In Microeconomics students are required to apply economic reasoning to decision problems, critically discuss the adequacy of the models, and engage in deductive and inductive reasoning. BEEM103 Optimization Techniques for Economists equips students with logical thinking, numeracy and writing skills, as well as an understanding and theoretical knowledge of economic issues. BEEM115 Research Design and Dissertation allows students to demonstrate their ability at identifying and analysing an economic problem using the techniques of economic and/or econometric analysis. They will acquire knowledge of the existing literature, identify the key economic trade-offs, acquire necessary tools to analyse these trade-offs, and analyse the economic problem. 12. PROACTIVE COLLABORATOR Technical modules such as BEEM100 Macroeconomics, BEEM101 Microeconomics, BEEM011 Applied Econometrics I and BEEM103 encourage students to solve and tackle their formative assessments collaboratively in order to learn from each other and solve problems together. BEEM115 Research Design and Dissertation requires students to work collaboratively and manage a working relationship with their supervisor in order to advance their independent research. 13. INNOVATIVE PROBLEM-SOLVER BEEM101 Microeconomics requires students to engage in abstract thinking, extracting essential features of complex systems to facilitate problem solving and decision-making; and engage in deductive and inductive reasoning to enhance problem solving and decision-making skills. BEEM011 Applied Econometrics I requires students to solve analytical problems and provide appropriate interpretation of the outcomes for decision making. BEEM100 Macroeconomics requires students to possess the ability to develop confidence in identifying, tackling and solving research problems, develop logical thinking and analytical rigor. BEEM103 Optimization Techniques for Economists module requires students to acquire inductive and deductive reasoning skills to solve problems. 14. DIGITALLY FLUENT BEEM011 Applied Econometrics I requires students to acquire and exhibit technical expertise to analyse the data in R using different econometric packages. BEEM115 Research Design and Dissertation requires students to use digital databases in order to carry out their research. Depending on the dissertation, most would require the use of statistical softwares. All core modules require students to present their work digitally (e.g. using word processors and/or LaTeX) as well as accessing digital materials.. 15. CONFIDENT COMMUNICATOR BEEM101 Microeconomics requires students to communicate and present complex arguments in oral and written form with clarity and succinctness. BEEM115 Research Design and Dissertation requires students to assemble, synthesise and communicate a complex body of existing relevant research BEEM103 Optimization Techniques for Economists module requires students to present written and quantitative data effectively 16. RESILIENT SELF-ADVOCATE BEEM103 Optimisation Techniques for Economists requires students to demonstrate independent learning and time management BEEM115 Research Design and Dissertation requires students to pursue, under supervision, a sustained program of individual work outside of a classroom setting; and to complete, as an individual, a multistage task within a defined period, as assisted by the supervision process | 10. BEEM101 –two Examinations BEEM103 – Exam, 4 problem sets BEEM115 - Proposal and Dissertation 11. BEEM100- Written Exam and Coursework BEEM101 – two Examinations BEEM103 – Exam, 4 problem sets BEEM115 – Proposal and Dissertation 12. BEEM101 – Problem Sets, exercises and discussions BEEM011: Weekly exercises 13. BEEM100- Written Exam and Coursework BEEM101 – two Examinations BEEM103 – Exam, 4 problem sets BEEM115 – Proposal and Dissertation 14 BEEM011 - Homework quizzes and Written Assignment BEEM115 –Dissertation 15 BEEM101 – three Examinations BEEM103 – Exam, 4 problem sets BEEM115 – Proposal and Dissertation 16 BEEM103 – Exam, 4 problem sets BEEM115 – Proposal and Dissertation |
7. Programme Regulations
Classification
Full details of assessment regulations for all taught programmes can be found in the TQA Manual, specifically in the Credit and Qualifications Framework, and the Assessment, Progression and Awarding: Taught Programmes Handbook. Additional information, including Generic Marking Criteria, can be found in the Learning and Teaching Support Handbook.
8. College Support for Students and Students' Learning
Personal and Academic tutoring: It is University policy that all Colleges should have in place a system of academic and personal tutors. The role of academic tutors is to support you on individual modules; the role of personal tutors is to provide you with advice and support for the duration of the programme and extends to providing you with details of how to obtain support and guidance on personal difficulties such as accommodation, financial difficulties and sickness. You can also make an appointment to see individual teaching staff.
Student/Staff Liaison Committee enables students & staff to jointly participate in the management and review of the teaching and learning provision.
The Postgraduate Student Handbook can accessed via ELE at the following address: http://vle.exeter.ac.uk/course/view.php?id=1645
9. University Support for Students and Students' Learning
Please refer to the University Academic Policy and Standards guidelines regarding support for students and students' learning.
10. Admissions Criteria
Undergraduate applicants must satisfy the Undergraduate Admissions Policy of the University of Exeter.
Postgraduate applicants must satisfy the Postgraduate Admissions Policy of the University of Exeter.
Specific requirements required to enrol on this programme are available at the respective Undergraduate or Postgraduate Study Site webpages.
11. Regulation of Assessment and Academic Standards
Each academic programme in the University is subject to an agreed College assessment and marking strategy, underpinned by institution-wide assessment procedures.
The security of assessment and academic standards is further supported through the appointment of External Examiners for each programme. External Examiners have access to draft papers, course work and examination scripts. They are required to attend the Board of Examiners and to provide an annual report. Annual External Examiner reports are monitored at both College and University level. Their responsibilities are described in the University's code of practice. See the University's TQA Manual for details.
14. Awarding Institution
University of Exeter
15. Lead College / Teaching Institution
University of Exeter Business School (UEBS)
16. Partner College / Institution
Partner College(s)
Not applicable to this programme
Partner Institution
Not applicable to this programme.
17. Programme Accredited / Validated by
0
18. Final Award
MSc Economics
19. UCAS Code
C510
20. NQF Level of Final Award
7 (Masters)
21. Credit
| CATS credits | 180 |
ECTS credits | 90 |
|---|
22. QAA Subject Benchmarking Group
23. Dates
| Origin Date | 01/08/2012 |
Date of last revision | 31/03/2025 |
|---|


