MA Public Opinion and Political Behaviour
MA Economics with Public Policy options

Year 1, Component 08

Option from list
Market Structure and Strategic Behaviour

How do firms make decisions? And how do these decisions impact on the prices you pay? What role does game theory play? Understand strategic interaction among firms, using theoretical tools to examine real-world examples. Analyse the main economic forces behind firm behaviour, adapting economic models to study particular challenges.

International Money and Finance

How do foreign exchange markets determine trade? Understand the economic role that international currency markets play. Study models to interpret exchange rate movements and how this links to key macroeconomic variables. Analyse real-life policies that respond to events in the international monetary system.

Economic Analysis of Asset Prices

How do economic theories determine asset prices? Can you apply analytical reasoning to asset pricing problems? Understand capital markets and explore the predictability of asset price changes. Learn to build simple models of asset markets and how to interpret the mathematics of such models in economic terms.

Introductory Macroeconomics

Introductory Macroeconomics studies some of the fundamental concepts and methods in economics. It equips you with the basic tools and methods of analysis used in economic reasoning. You are introduced to National income accounting, the basics of fiscal and monetary policies in the short run, and the critical role of the Government's budget constraint. The module then progresses into a discussion of the trade-off between inflation and unemployment and the role of the natural rate of unemployment. Particular emphasis is applied to understanding how macroeconomics can help understanding the economic environment we live in and the most important economic challenges we face.

Behavioural Economics II: Games and Markets

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.

Experimental Economics

This module equips you with the tools to critically access experimental methods commonly used in economics. You will put theoretical knowledge into practice, learning how to design experiments and interpret results. With a growing interest in behavioural considerations, experiments are increasingly used not only in psychology, but also economics and political science. Recognizing the value of controlled variation to study causal relationships, large companies also increasingly use "A-B testing".

Lectures in Economic and Public Policy

This policy-oriented module probes the role and limits of government interventions in the microeconomic management of developed economies. In so doing, the analysis emphasises: (i) examination of the most common market failures and evaluation of options available for government to address them; and (ii) the factors that determine the choice and design of economic and regulatory policies to address these market failures given governments' political objectives. The module then goes on to explore the emergence of government failures and the reasons why the interactions between economics and politics impose constraints on the design of public policies, thereby enabling you to appreciate the associated policy issues and trade-offs.

At Essex we pride ourselves on being a welcoming and inclusive student community. We offer a wide range of support to individuals and groups of student members who may have specific requirements, interests or responsibilities.

Find out more

The University makes every effort to ensure that this information on its programme specification is accurate and up-to-date. Exceptionally it can be necessary to make changes, for example to courses, facilities or fees. Examples of such reasons might include, but are not limited to: strikes, other industrial action, staff illness, severe weather, fire, civil commotion, riot, invasion, terrorist attack or threat of terrorist attack (whether declared or not), natural disaster, restrictions imposed by government or public authorities, epidemic or pandemic disease, failure of public utilities or transport systems or the withdrawal/reduction of funding. Changes to courses may for example consist of variations to the content and method of delivery of programmes, courses and other services, to discontinue programmes, courses and other services and to merge or combine programmes or courses. The University will endeavour to keep such changes to a minimum, and will also keep students informed appropriately by updating our programme specifications. The University would inform and engage with you if your course was to be discontinued, and would provide you with options, where appropriate, in line with our Compensation and Refund Policy.

The full Procedures, Rules and Regulations of the University governing how it operates are set out in the Charter, Statutes and Ordinances and in the University Regulations, Policy and Procedures.