Programme Specification for the 2023/4 academic year
MRes Economics
1. Programme Details
| Programme name | MRes Economics | Programme code | PTR1SBESBE06 |
|---|---|---|---|
| Study mode(s) | Full Time |
Academic year | 2023/4 |
| Campus(es) | Streatham (Exeter) |
NQF Level of the Final Award | 7 (Masters) |
2. Description of the Programme
An MRes in Economics offers you a chance to specialise in economics at the post-masters level. It provides you with advanced training in the core subjects of economics. This can be used as a terminal degree in economics and provides you the training needed to complete a PhD in Economics, or closely related disciplines. The skills learnt will be highly transferrable, and will be useful in academia, business, government and international organisations. The programme content is highly analytical and the teaching will be research driven.
Like all postgraduate economics programmes in the Business School, our MRes Economics programme is accredited by the Economic and Social Research Council (ESRC). For UK and EU students, this means that you can apply to the ESRC for funding assistance with both tuition fees and living expenses if you are intending to progress to a PhD.
3. Educational Aims of the Programme
The MRes Economics programme will:
- Provide you with rigorous and substantial training, in a supportive environment, in a range of research techniques and methods used in economics, and an appreciation of their theoretical underpinnings.
- Inform this education by research, and national and international economic development, where appropriate.
- Develop your critical thinking skills through specialist economics options.
- Enable you to implement research techniques to critically evaluate economic problems and research debates.
- Endow you with the abilities to organise a research project, manage self-driven enquiry and write up a piece of research in the format of a dissertation.
- Provide training in subject-specific skills, preparing you for further study or employment.
4. Programme Structure
Your MRes Economics programme is a 1 year programme of study at National Qualification Framework (NQF) level 7 (as confirmed against the FHEQ). This programme consists of 1 ‘Stage’. A Stage is normally equivalent to an academic year. The programme is also 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.
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/modules/
Your MRes Economics programme is a 1 year programme of study at National Qualification Framework (NQF) level 7 (as confirmed against the FHEQ). This programme consists of 1 ‘Stage’. A Stage is normally equivalent to an academic year. The programme is also 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.
Stage 1
This programme is available for 12 months full-time study 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 September to September.
During the programme you will study modules (including the dissertation) totaling 180 credits.
Compulsory Modules
| Code | Module | Credits | Non-condonable? |
|---|---|---|---|
| BEEM132 | Mathematics for Economic Research | 15 | No |
| BEEM128 | Advanced Microeconomics I | 15 | No |
| BEEM130 | Advanced Macroeconomics I | 15 | No |
| BEEM102 | Quantitative Research Techniques 1 | 15 | No |
| BEEM129 | Advanced Microeconomics II | 15 | No |
| BEEM131 | Advanced Macroeconomics II | 15 | No |
| BEEM112 | Quantitative Research Techniques 2 | 15 | No |
| BEEM133 | Research Dissertation | 60 | No |
Optional Modules
You will choose one option totalling 15 credits from a regularly updated selection. The option is to be completed in Term 2. Recent modules are shown below:
| Code | Module | Credits | Non-condonable? |
|---|---|---|---|
| BEEM126 | Behavioural Choice and Financial Decision Making | 15 | No |
| BEEM117 | Economics of Corporate Finance | 15 | No |
| BEEM125 | Experimental and Behavioural Economics | 15 | No |
| BEEM113 | Advanced Econometrics | 15 | No |
| BEEM108 | International Trade and Regional Integration | 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. Use and apply core knowledge in economics and econometrics, including micro and macro. | ILO 1 is delivered through all compulsory modules. ILO 2 is delivered through all compulsory modules. ILO 3 is delivered through most compulsory modules as they will use real world examples as illustrations. ILO 4 and ILO 5 are delivered primarily through the research dissertation (BEEM133). | 1-3. Core modules are assessed through a combination of final examinations, coursework assignments, problem sheets, presentations and essays. 4. Presentation leading ultimately to the dissertation. 5. 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: | |
6. Demonstrate the ability to synthesise data from a range of sources. | ILO 6 is addressed through all compulsory modules. ILO 7 is mainly covered through: BEEM102, Advanced Microeconomics I and Advanced Microeconomics II, Advanced Macroeconomics I and Advanced Macroeconomics II. ILO 8 is covered through: Advanced Microeconomics I and Advanced Microeconomics II, Advanced Macroeconomics I and Advanced Macroeconomics II. ILO 9 is covered through BEEM102 and BEEM112. |
|
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. Demonstrate the ability to use a full range of learning resources. | Personal and key skills are taught through:
| Personal and key skills are assessed by:
|
7. Programme Regulations
|
Credit
Postgraduate (PG) Programmes: The programme consists of 180 credits In total, participants must take at least 180 credits at NQF level 7. The pass mark for award of credit in PG modules (NQF level 7) is 50%.
Progression
Condonement is the process that allows you to be awarded credit (and so progress to the next stage or, in the final stage, receive an award), despite failing to achieve a pass mark at a first attempt. You are not entitled to reassessment in condoned credit. Postgraduate (PG) Programmes: Up to 45 credits of failure can be condoned on the following conditions:
Classification The marking of modules and the classification of awards broadly corresponds to the following marks: Postgraduate Degrees Distinction 70%+ Merit 60-69% Pass 50-59%
Full details of assessment regulations for UG programmes and PGT programmes assessment regulations can be found in the Teaching Quality Assurance Manual (TQA) on the University of Exeter website. Generic marking criteria are also published here.
Please see the Teaching and Quality Assurance Manual for further guidance.
|
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.
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.
13. Methods for Evaluating and Improving Quality and Standards
The University and its constituent Colleges review the quality and standard of teaching and learning in all taught programmes against a range of criteria through the procedures outlined in the Teaching Quality Assurance (TQA) Manual Quality Review Framework.
14. Awarding Institution
University of Exeter
15. Lead College / Teaching Institution
Faculty of Environment, Science and Economy (ESE)
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
MRes Economics
19. UCAS Code
C24E
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 | 04/04/2016 |
Date of last revision | 30/04/2018 |
|---|
