MA Public Opinion and Political Behaviour
MSc Applied Economics and Data Analysis options

Year 1, Component 08

Economics option from departmental list
EC501-7-AU
Econometric Methods
(20 CREDITS)

Wish to conduct your own research using econometric methods? Understand econometric methods and learn to apply them to a wide variety of situations. Examine methods of linear regression and hypothesis testing. Study time series concepts of unit roots and co-integration. Explore ideas around simultaneous equation models and panel data models.

EC901-7-SP
Monetary Economics
(20 CREDITS)

How do you optimise sticky price models? What implication does this have on monetary policy? How do you apply the New Keynesian model to monetary aspects of the business cycle? Study theoretical models and empirical evidence for monetary aspects of the business cycle, and learn how to critically assess work.

EC902-7-SP
Economic Development Theory
(20 CREDITS)

What are the distinctive features of less developed economies? How do theories around child labour or inequality explain poverty? What economic policies could alleviate such problems? Understand the issues facing developing countries, examining policies theoretically and empirically. Act as a policy advisor, undertaking research on issues of development economics.

EC904-7-AU
Macroeconomics
(20 CREDITS)

What are the main issues facing the modern macroeconomist? How do you critically assess macroeconomic policies? Acquire the necessary tools for macroeconomic analysis, focusing on the important questions faced by macroeconomists today.

EC905-7-SP
Political Economy
(20 CREDITS)

What makes societies choose different taxation systems? What drives the selection of politician in society? And how does selection impact on the choice of policies? Study the application of economic methods to understanding the political phenomenon that impact on the choice of different economic policies.

EC906-7-SP
Economics of Banking
(20 CREDITS)

What value is added by your business? And how is this value added? Such questions are asked to business leaders. Understand the core economic reasoning behind commercial and investment banking, looking at financial intermediation and money creation, as well security, mergers and acquisition.

EC907-7-SP
Economics of Financial Markets
(20 CREDITS)

Study the concepts of risk and return in equity markets, both in the context of asset pricing, and in the management of equity portfolios. You will start by focusing on the analysis of the stylised facts of asset returns, and will then review the theoretical foundations of modern finance, covering expected utility theory and risk aversion.

EC909-7-AU
Behavioural Economics I: Individual Decision Making
(20 CREDITS)

How do individuals make decisions? When does classic economic theory not predict empirically observed behaviour? And how do you then use behavioural economics to reconcile your empirical findings with theoretical models? Learn about empirical and theoretical research in behavioural economics that can be used to explain individual decision making.

EC910-7-SP
Computational Economics
(20 CREDITS)

Learn to develop software for agent based economics and policy simulation. This module will train you in Java and Matlab programming alongside applications to ACE, GUI design, and more advanced threading mechanisms. You’ll gain hands on experience in laboratory sessions, and will equip yourself with computational programming and modelling techniques, which can be applied to building large scale data based driven flow of funds and financial network type agent based macro-economic models.

EC914-7-SP
Behavioural Economics II: Games and Markets
(20 CREDITS)

What happens when classic economic theory doesn’t predict empirically observed behaviour? Can behaviour economics help? Study strategic interactions and markets using behavioural economics to reconcile empirical findings with theoretical models. Gain an understanding of experimental methods used in behavioural economics.

EC915-7-SP
Data Science for Economics
(20 CREDITS)
EC930-7-SP
Theory of Industrial Organisation
(20 CREDITS)

How do firms interact? What impact does this have on products that are available to you? Or the price that you pay? Understand current thinking on industrial organisation, with a focus on competition policy, regulation and business strategy. Apply analytical models of firm behaviour and strategic interaction to real-life situations.

EC932-7-SP
The Economic Geography of Employment, Innovation and Trade
(20 CREDITS)

Despite all the talk about the “death of distance”, geography matters more than ever. This course is a journey through the current economic landscape. We will try to understand the economic forces driving trends in wages, productivity and innovation across cities and regions. These are the forces that will define the geography of future jobs and will shape the economic destiny of local communities around the world.

EC933-7-SP
International Finance
(20 CREDITS)

What are the main uncertainties for international financial markets? What causes a currency crisis? How do you deal with global imbalances? Understand the analytical tools used in the field of international macroeconomics and finance. Demonstrate how such tools can be applied by examining key policy issues of interest today.

EC943-7-AU
Game Theory and Applications
(20 CREDITS)

What are the main game theory concepts in modern economics? And how do you apply such models in the world today? Understand game theory methodology and learn how to formulate models for various socio-economic phenomena, such as industrial organisation, public goods, bargaining, and labour markets.

EC951-7-AU
Economics of Incentives
(20 CREDITS)

What compensation should CEOs get? How can you motivate team performance? What impact does an altruistic manager make? Study real-world issues like policymaking, finance and management using economic models from contract theory, incentive theory, and the theory of the firm.

EC963-7-SP
Public Policy Evaluation
(20 CREDITS)

This module equips you with the tools commonly used in economics to critically assess the efficacy of current policies and the effects of policy changes. You will put theoretical knowledge into practice, closely reviewing canonical applications of these tools in the economics literature as well as performing evaluations yourself.

EC965-7-SP
Time Series Econometrics
(20 CREDITS)

How do you analyse stationary time series? Or non-stationary (integrated) processes? Understand the econometric methods available to analyse models of economic time series. Examine how methods of estimation and inference can be applied to these models. Learn how to use these methods in your own research.

EC966-7-AU
Estimation and Inference in Econometrics
(20 CREDITS)

What are the main principles of estimation and inference in econometrics? Learn to justify or criticise (where appropriate) the use of econometric methods of estimation and inference in a variety of situations. Gain analytical and problem-solving skills, as well as an understanding of economic and business policies.

SC970-7-AU
Introduction to Survey Design and Management
(20 CREDITS)

What are the principles of modern survey design? And what is best practice? Explore the fundamentals of survey design and the concept of survey error. Analyse different types of design and modes of data collection, drawing on real-life examples. Build the transferable study skills required to conduct professional surveys. As part of this module, you're required to undertake a 10-day work placement. If you're placement is in London, your travel costs will be paid for by the company. Outside of London, you may incur associated travel costs.

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