This MSc Economics programme is for those who have already studied economics or an equivalent subject at undergraduate level and have good quantitative skills. Upon graduation you will have:
- an advanced understanding of microeconomics and macroeconomics
- the ability to empirically investigate relationships between economic variables
- the ability to conduct hypothesis testing
- an appreciation of the modelling techniques and analytical tools
- an awareness of the most recent developments in economic theory and practice.
• Teaching and learning: Oxford Brookes Business School received the maximum award from the Higher Education Funding Council for England to become a Centre for Excellence in Teaching and Learning. This programme is led by highly research-active staff members whose research projects are closely integrated into their module contents.
• Employability: In an increasingly competitive job market, a globally focused qualification such as economics is highly desirable. This programme provides you with the skills, knowledge, and multicultural learning environment to prepare you for a career as a professional economist in the private sector, governments and international institutions. On the practical side, our Careers Centre offers support in developing CV and interview skills, and provides regularly updated job vacancy information.
• Student support: Each student will be assigned to an Academic Adviser who will provide academic guidance and support. Within the Business School students also have access to Student Support Co-ordinators (SSCs). Their role is to provide guidance related to both course-related and university-wide administrative issues. SSCs also help organise a range of events designed to help students adjust to postgraduate study, and direct students to the right places for the advice they need.
• Oxford location: Oxford is one of the oldest and most famous places for higher education in the world. It is simply a fantastic place to live and study. As a student in Oxford you'll find yourself in the midst of intellectual debate, with conferences, seminars and forums taking place across education, science, the arts and many other subjects. Oxford is located on the “M4 Corridor” – a hub for technology and financial services and has a growing number of science parks, over 1,400 high-tech firms. Combined with the fact that London is just over an hour away, our location provides students with ample opportunities to explore their career choices.
For more information about postgraduate study at the Business School, come to one of our Business School Open Days, or visit our web pages
Please note: as our courses are reviewed regularly, the list of modules you choose from may vary from that shown below.
Pre-sessional intensive maths training sessions: These are non-credit, intensive maths training sessions to be run a week before the start of Semester 1. Attendance is required.
Advanced Microeconomics: This module will develop your knowledge of advanced microeconomic theory and its applications. The module will encompass the following topics: consumer theory, producer theory, general equilibrium, choice under uncertainty, theory of the firm, imperfect information, public goods and economics of information.
Advanced Macroeconomics: The module will provide an advanced treatment of the core models and concepts used in modern macroeconomics for the analysis of both short run economic fluctuations and long-run economic development trends. The module will seek to explain the development of micro-based macroeconomic theory and use the models for policy analysis. You are expected to have a strong undergraduate level training in macroeconomics and microeconomics and relevant mathematical and statistical techniques. By the end of this module you should have a sound grasp of the core models and concepts used in modern macroeconomics. You should be familiar with the technical details of these models and have a good overall understanding of the debates relating to the empirical performance of each modeling approach, as well as of the policy debates based upon them.
Econometrics: Econometrics is a core module of the MSc in Economics. It is designed to prepare you to conduct applied research in economics for the purposes of your dissertation as well as for future research examinations. Econometrics module will enable you to empirically investigate relationships between economic variables and conduct hypothesis testing. A range of datasets will be utilised and you will gain hands-on experience with statistical packages, such as STATA, and data manipulation and analysis.
Economic Growth: This module exposes you to both theoretical and empirical developments that have taken place in the economic growth field in the last decades. You will study both exogenous and endogenous growth theories. They will explore empirical evidence on the process of economic growth and on the sources of income and growth differences across countries. They will also explore the complex relationships between economic growth and variables such as, for example, institutions, income inequality, and corruption.
Environmental Economics: This module uses economic theory to analyse economic aspects of environment. The module provides an introduction to the modelling techniques and analytical tools of environmental economics and uses these them to critically analyse a range of environmental issues to assess the impact of environmental externalities on economic agents and the range of policy responses available to policy makers.
Industrial Organisation: This module will aim to develop students’ knowledge of game theory and its applications in understanding internal firm organisation and market strategies. The module will encompass a number of solution concepts for normal form and extensive form games, as well as their advantages and disadvantages. In addition, students will be shown how game theoretical concepts can be extended to solve economic problems that can be seen in everyday life. The module will also introduce students to recent developments in behavioural economics and its implications for business, politics and public policy and for economics. Students will be familiarised with the methodology of experimental economics and how it can be used to empirically test economic theory.
Topics in Economics: This module looks at topics in economics by building upon the research strengths of the economics teaching team. It will cover topics that have assumed significance in the current debates on theoretical and applied issues in different specialisations in economies. The aim of the module will be to make you aware of the most recent developments in economic theory and practice. The exact topics covered, therefore, may vary from year to year keeping in mind the specialisation of the module teaching team and the issues that have emerged as most significant.
Research Methods: Research Methods is a core module of the MSc in Economics. It is designed to prepare you for research in economics as well as for work as a professional economist. The Research Methods module will introduce the necessary tools for undertaking independent research and working towards the successful completing of the masters’ thesis. The module includes training in aspects of research such as: aims, objectives and research philosophy; literature review and database search; evaluation of existing research, research strategy and design; micro and macro data utilization, experiments and questionnaire design; use of statistical packages; data analysis; writing up and dissemination of findings.
Dissertation: The dissertation will take the form of an ordered critical exposition of knowledge in an approved field falling within the subject matter of the designated MSc programme. It should have an appropriately clear focus and provide evidence that you have met the learning outcomes for the module. The dissertation must take the form of an investigation based on primary and/or secondary data, justified and supported by detailed reference to relevant theories and concepts from literature.
Independent Study: This module provides an opportunity for independent study on an approved topic conducted under supervision and with prior approval of the Programme Director and External Examiner.
Teaching and learning
Learning methods may include lectures, directed reading, workshops, seminars, and project work. Some modules include group work and teamwork activities.
Approach to assessment
Each module is assessed individually. The programme has a balance of assessment methods using a mix of coursework and examination.
Our Business School Postgraduate Centre at Wheatley Campus has a state-of-the-art lecture theatre, well equipped seminar rooms and a postgraduate lounge.
The Wheatley Campus library specialises in economics and business information resources. The majority of the economics books and printed journals are located here. Library electronic databases containing journal articles, economic data and statistics are available 24/7 worldwide. The Library has individual and group study spaces and specialist Subject Librarians to handle your enquiries and training needs.