Clearing 2021
MA Public Opinion and Political Behaviour
MSc Economics and Econometrics options

Year 1, Component 06

Option from departmental list
EC511-7-AU
Mathematical Methods
(20 CREDITS)

What mathematical concepts are vital to understanding modern economic theory? Gain the essential mathematics skills needed to study economics at Masters-level, such as optimisation theory and the role of equilibrium. Understand how economic arguments work and improve your problem solving skills by using real-world economic problems.

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.

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
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.

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.

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.

EC955-7-SP
Experimental Economics
(20 CREDITS)

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".

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.

EC964-7-SP
Microeconometrics
(20 CREDITS)

Get to grips with modern microeconometrics. Examine the nature of causal and noncausal models, discuss the nature of microeconomic data structures, and review core econometric methods in the first part of this module. Then, analyse limited dependent variable models, including discrete choice and selection models, and examine program evaluation methods.

EC968-7-SP
Panel Data Methods
(20 CREDITS)

What are the main issues with panel data? And the main econometric techniques to analyse panel data? What methods can you use to evaluate spell duration data? Answer such questions with examples from labour economics, while gaining the skills to analyse a variety of research and policy problems.

EC969-7-SP
Applications of Data Analysis
(20 CREDITS)

What are the issues regarding different types of panel datasets? Or problems with survey methodology? Understand longitudinal data analysis by using micro-econometric techniques and critically examine survey methodology issues, like response rate and sampling frames. Apply panel data methods to study labour markets, focusing on marriage, unemployment and wages.

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