City, University of London

City, University of London

Economics

The Department of Economics is particularly proud of its reputation, both nationally and internationally and we have a long tradition of providing postgraduate courses with strong professional orientation. We have grown considerably over the last twenty years, from a small number of staff mainly undertaking service teaching to its current status as a medium-sized department undertaking a full range of research, teaching and consultancy activities. The School of Social Sciences has made a considerable investment in recent years into Economics at City. This includes an increase in academic staff, enabling existing and new staff to spend more time on research, and funding for postdoctoral research fellows and PhD student bursaries. We have a wide-ranging but focused research programme, with an emphasis on rigorous economic and econometric modelling, but also a concern for practical applications in both private and public sectors. Much of our research involves collaboration, within the department and University more widely, and with outside bodies, for example NERA and the King's Fund.

Entry requirements

Applicants should have a track record of high academic achievement, demonstrated by a good undergraduate degree with at least a second class (upper division) pass or equivalent; plus a good Masters level degree with at least a pass with merit (or equivalent).

Course modules

PhD

Econometrics:
Stationary Time-Series Models and Models with Trend;
Multivariate Time Series Models; VAR, Cointegration;
Structural VARs; and
Bayesian Econometrics and DSGE Estimation.

Macroeconomics:
Parameter and Model Uncertainty: Competing Monetary Models;
Macroeconomics and Medium Run;
The classical economic growth problem: phase diagrams, comparative dynamics;
Open and closed economy representative agent models with money in the utility function, the maximum principle;
Brock's representative agent model: optimality in intertemporal optimization problems;
The overlapping generations model of fiat money: exchange rate indeterminacy; and
Dynamic programming, Markov equilibria.

Microeconomics:
Individual Decision Making and General Equilibrium; Demand, Production, Choice under Uncertainty;
Equilibrium and its Basic Welfare Properties; and
Game Theory.

MPhil

Health Economics;
Behavioural and Experimental Economics;
Effects of Migration on the economy;
Shaping the UK's competition regime;
History and Philosophy of Economics;
Interaction of macroprudential, monetary and fiscal policies;
Econometrics;
Development;
Political Economy;
Finance and Industrial Organization; or
Crises, Systemic Risk and Financial Frictions.

Assessment methods

Students can study both full and part-taught programmes; full-time students will be expected to take three taught modules in their first year, in at least two of Advanced Macroeconomics, Advanced Microeconomics, and Econometrics, with a possible choice of one module from the Cass Business School MRes programme. Progression to the second year will be conditional on passing these modules. Part-time students will be expected to pass these three modules during their first two year.

Qualifications

Qualification Study mode Start month Fee Course duration
PhD Full-time October 2016 - 2 years
PhD Part-time October 2016 - 4 years
MPhil Full-time October 2016 GBP 4,500 per Year 1 (Wales) 2 years
MPhil Full-time October 2016 GBP 4,500 per Year 1 (England) 2 years
MPhil Full-time October 2016 GBP 12,000 per Year 1 (International) 2 years
MPhil Full-time October 2016 GBP 4,500 per Year 1 (Northern Ireland) 2 years
MPhil Full-time October 2016 GBP 4,500 per Year 1 (Scotland) 2 years
MPhil Part-time October 2016 GBP 2,250 per Year 1 (England) 4 years
MPhil Part-time October 2016 GBP 6,000 per Year 1 (International) 4 years
MPhil Part-time October 2016 GBP 2,250 per Year 1 (Northern Ireland) 4 years
MPhil Part-time October 2016 GBP 2,250 per Year 1 (Scotland) 4 years
MPhil Part-time October 2016 GBP 2,250 per Year 1 (Wales) 4 years

Campus details

Campus name Town Postcode Region Main campus Campus Partner
Northampton Square Islington EC1V 0HB South East

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