Skip to main content

Study information

Programme Specification for the 2023/4 academic year

MRes Economics

1. Programme Details

Programme nameMRes Economics Programme codePTR1SBESBE06
Study mode(s)Full Time
Academic year2023/4
Campus(es)Streatham (Exeter)
NQF Level of the Final Award7 (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:

  1. 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.
  2. Inform this education by research, and national and international economic development, where appropriate.
  3. Develop your critical thinking skills through specialist economics options.
  4. Enable you to implement research techniques to critically evaluate economic problems and research debates.
  5. 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.
  6. 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

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

CodeModule Credits Non-condonable?
BEEM132 Mathematics for Economic Research 15No
BEEM128 Advanced Microeconomics I 15No
BEEM130 Advanced Macroeconomics I 15No
BEEM102 Quantitative Research Techniques 1 15No
BEEM129 Advanced Microeconomics II 15No
BEEM131 Advanced Macroeconomics II 15No
BEEM112 Quantitative Research Techniques 2 15No
BEEM133 Research Dissertation 60No

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:

CodeModule Credits Non-condonable?
BEEM126 Behavioural Choice and Financial Decision Making 15No
BEEM117 Economics of Corporate Finance 15No
BEEM125 Experimental and Behavioural Economics 15No
BEEM113 Advanced Econometrics 15No
BEEM108 International Trade and Regional Integration 15No

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.
2. Use and apply specialized knowledge on recent developments in micro, macro and econometrics.
3. Demonstrate the ability to apply advanced economic concepts to real-world situations.
4. Demonstrate the ability to plan, organise and manage self-driven enquiry.
5. Demonstrate the ability to implement research techniques to critically evaluate economic problems and research debates.

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.
7. Use and apply expertise across a wide range of research methods and statistical techniques, such that they are equipped to carry out good quality theoretical and empirical research.
8. Demonstrate the ability to analyse and evaluate quantitative problems.
9. Demonstrate the ability to use a number of statistical and econometric packages.

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.

  • Written examination (all core modules)
  • Dissertation (BEEM133)

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.
11. Demonstrate the ability to work independently at a sustained level of researching or problem-solving.

Personal and key skills are taught through:

  • Exercise classes (all core modules)
  • Computer-based classes (BEEM102/112)
  • Directed and undirected reading (all)
  • Private study leading to assignments
  • Presentations (dissertation)

Personal and key skills are assessed by:

  • Written examination (all)
  • Assignments (all)
  • Dissertation

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:

 

  1. You must have completed and been assessed in modules amounting to sufficient credit for the final award (i.e. 180 credits for a Masters; 120 credits for a PGDip; and 60 credits for a PGCert).

 

  1. You must pass the modules marked with a 'Yes' in the 'non-condonable' column in the tables above.

 

  1. You must achieve an average mark of at least 50% across the full 180 credits of assessment in the stage, including any failed and condoned modules.

 

  1. Condonement can only be applied to failed modules where a mark of 0 – 49 has been achieved.  

 

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

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

10. Admissions Criteria

11. Regulation of Assessment and Academic Standards

12. Indicators of Quality and Standards

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.

13. Methods for Evaluating and Improving Quality and Standards

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

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