Programme Specification for the 2022/3 academic year
MSc Economics
1. Programme Details
| Programme name | MSc Economics | Programme code | PTS1SBESBE05 |
|---|---|---|---|
| Study mode(s) | Full Time |
Academic year | 2022/3 |
| Campus(es) | Streatham (Exeter) |
NQF Level of the Final Award | 7 (Masters) |
2. Description of the Programme
The MSc Economics is the most general of our postgraduate economics programmes and offers the greatest flexibility. 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.
Like all postgraduate economics programmes in the School, our MSc Economics is accredited by the Economic and Social Research Council (ESRC). For UK and EU students, this means 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
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 |
| BEEM115 | Research Design and Dissertation | 60 | No |
| BEEM015 | Industrial Economics and Strategy | 15 | No |
| BEEM011 | Applied Econometrics 1 | 15 | No |
| BEEM012 | Applied Econometrics 2 | 15 | No |
Optional Modules
You will choose two options totalling 30 credits from a regularly updated selection.
Please note that BEEM152 and BEEM160 are not available for students starting their degree in January.
| Code | Module | Credits | Non-condonable? |
|---|---|---|---|
| BEAM029 | Topics in Financial Economics | 15 | No |
| BEAM033 | Banking and Financial Services | 15 | No |
| BEAM036 | Domestic and International Portfolio Management | 15 | No |
| BEEM125 | Experimental and Behavioural Economics | 15 | No |
| BEEM117 | Economics of Corporate Finance | 15 | No |
| BEAM047 | Fundamentals of Financial Management | 15 | No |
| BEAM065 | Bank Management | 15 | No |
| BEEM152 | Behavioural Development Economics | 15 | No |
| BEEM160 | Development Research Methods: Surveys and Experiments | 15 | No |
| BEEM154 | Economics of Public Finance | 15 | No |
| BEEM014 | Health Economics | 15 | No |
| BEEM157 | Behavioural Finance | 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. A global outlook: Our graduates are engaged and prepared for the demands of global business and society. | 10. Global 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. BEEM112 Quantitative Research Techniques 2 covers methods, such as forecast inflation and GDP, are applicable across countries. BEEM121 Game Theory and Industrial Organisation contains mathematical context relevant in any country. 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 Thinking 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. BEEM102 Quantitative Research Techniques 1 assesses students in logical attitude toward the solution of problems, demonstrating specialised knowledge of theoretical aspects of econometrics, and in-depth understanding of theoretical aspects of important topics in econometrics 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. BEEM112 Quantitative Research Techniques 2 requires students to apply modern econometric techniques in the analysis of economic data, and formulate hypotheses, demonstrate specialized knowledge of aspects of econometrics. BEEM121 Game Theory and Industrial Organisation equips students with the analytical skills to understand theoretical developments in game theory, extended skills in mathematical and quantitative techniques, the ability to construct and interpret theoretical models that employ game theoretic tools. 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. Collaborative 13. Ethic Ethos 14. Tech BEEM112 In Quantitative Research Techniques 2 students should demonstrate technical expertise in computing software, particularly econometric software, to tackle empirical problems. | 10. BEEM101 –three Examinations BEEM103 – Exam, two In-class Tests BEEM112 – written assignment, Examination BEEM121 – Problem-based Coursework and Exam BEEM115- Proposal and Dissertation 11. BEEM100- Written Exam and Coursework (ILO 1-9) BEEM101 – three Examinations (ILO 1-9, 11-12) BEEM102 – Written Examination (ILO 1-5) BEEM103 – Exam, two In-class Tests (ILO 1-9) BEEM112 – written assignment and Examination (ILO 1-5) BEEM121 – Problem-based Coursework and Exam (ILO 1-5) BEEM115 – Proposal and Dissertation (ILO 1-7) 12. 13. 14. BEEM112 – Written Assignment and Examination (ILO 4) |
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.
(http://as.exeter.ac.uk/support/admin/staff/qualityassuranceandmonitoring/tqamanual/fullcontents/)
12. Indicators of Quality and Standards
Certain programmes are subject to accreditation and/ or review by professional and statutory regulatory bodies (PSRBs).
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
University of Exeter Business School (UEBS)
University of Exeter Business School (UEBS)
University of Exeter Business School (UEBS)
16. Partner College / Institution
Partner College(s)
Not applicable to this programme
Not applicable to this programme
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 | 16/05/2022 |
|---|
