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The University of Southampton
EconomicsPart of Economic, Social and Political Science

L101 M.Econ Master in Economics (4 years)

Economics is the study of these decisions and actions. Studying the way economic processes work helps us to understand the society in which we live.

The MEcon Master in Economics is a four year programme which allows students to study Economics in depth.

Introducing your course

This integrated master degree offers an alternative to a three-year UG programme plus one-year MSc, and it is eligible for four years of student loans. You will develop the conceptual, analytical and research skills you need to become a professional economist.
You can convert to the BSc Economics, if you wish, as the course is designed to be very flexible. In your first three years, you can take the same optional modules as a Single Hons Economics student, including language modules and interdisciplinary modules.

What is this? (More Information) This information is based on historical data and may have been aggregated. Find out more.

The programme offers you the opportunity to study Economics in depth. This will equip you with the knowledge and understanding of economic theory and its application necessary to pursue a career as a professional economist in the private or public sectors.

Students who are eligible for a Student Loan can obtain loans for all four years of the course, including the Masters year. Students who are enrolled on an M.Econ degree can usually convert it to a BSc. Economics if they choose to finish their degree a year early.

You will be able to use the behavioural economics laboratory to run real experiments. You also have open access to the Bloomberg facilities, which are the same trading terminals used in the City. You can take optional modules from the Humanities and Social Sciences and interdisciplinary modules. You can also take a semester abroad. For further information visit the Outgoing students web page. You can also take part in the Year in Employment scheme. For further information visit the Year in Employment page.

View the programme specification for this course for 2019/20 entrants

View the programme specification for this course for 2020/21 entrants

To Apply

All applications for full-time study should be made through UCAS - www.ucas.com Applications for part-time study can be made through UCAS or directly to the University.

Programme Structure

Module choices in year one are dependent on whether you have studied economics at A level. The programme structure below outlines the modules that you may typically expect to study, although this may vary depending on demand for the modules and staff availability. Eight modules are studied each year, with four in each semester. During year three you will study a dissertation, equivalent to two modules, which is a piece of independent research on a topic of your choice spread over both semesters. During year four you will study an advanced research project which is comprised of two pieces of work, the first associated with quantitative methods and would be of an empirical nature, and the second piece will be associated with another module you are studying.

Key Facts

  • Studying Economics at the University of Southampton means joining one of Europe's top Economics departments, with a high profile in both teaching and research.
  • There are opportunities to study abroad in Europe, Australia, the USA, Canada, China, Brazil, Japan and Korea.

Typical entry requirements

For 2020 entry

View 2019 entry requirements

QualificationGrade
GCSE  Applicants must hold GCSE English language (or GCSE English) (minimum grade 4/C) and mathematics (minimum grade 4/C)
GCE A-Level  AAB or ABBB including Mathematics (minimum grade B)
GCE A-Level with Extended Project Qualification (EPQ) If you are taking an EPQ in addition to 3 A levels, you will receive the following offer in addition to the standard A-level offer: ABB or BBBB including Mathematics (minimum grade B) and grade A in the EPQ
GCE A-Level with Contextual offer   We are committed to ensuring that all students with the potential to succeed, regardless of their background, are encouraged to apply to study with us. The additional information gained through contextual data allows us to recognise a student’s potential to succeed in the context of their background and experience. Students who are highlighted in this way will be made an offer which is lower than the typical offer for that programme, as follows: ABB or BBBB including Mathematics (minimum grade B) Offers typically exclude General Studies and Critical Thinking. Although an Economics A level is not required, preference will be given to applicants taking at least one analytical A level subject ; that is, either Economics or a science-based subject.

Further A-level information Offers typically exclude General Studies and Critical Thinking. Although an Economics A level is not required, preference will be given to applicants taking at least one analytical A level subject ; that is, either Economics or a science-based subject.
Welsh Baccalaureate offer AAB from 3 A levels including Mathematics (minimum grade B)
or
AA from 2 A levels including Mathematics (minimum grade A) and B from the Advanced Welsh Baccalaureate Skills Challenge Certificate
International Baccalaureate Diploma
offer
Pass, with 34 points overall with 17 points at Higher Level, including 5 at Higher Level in Mathematics. Applications where Higher Level subjects have been studied without the full Diploma, will also be considered on a case by case basis.
International Baccalaureate Career Programme (IBCP)
offer
Offers will be made on the individual Diploma Course subject(s) and the career-related study qualification. The CP core will not form part of the offer. Where there is a subject pre-requisite(s), applicants will be required to study the subject(s) at Higher Level in the Diploma course subject and/or take a specified unit in the career-related study qualification. Applicants may also be asked to achieve a specific grade in those elements. Please see the University of Southampton International Baccalaureate Career-Related Programme (IBCP) Statement for further information. Applicants are advised to contact their Faculty Admissions Office for more information
Access to HE Diploma offer 60 credits with a minimum of 45 credits at Level 3, of which 39 must be at Distinction and 6 credits at Merit. Mathematics must be studied to level 3, A-level standard
Irish Leaving Certificate offer (first awarded 2017) H1 H2 H2 H2 H2 H2 including Mathematics at H2
Scottish Qualification offers Offers will be based on exams being taken at the end of S6. Subjects taken and qualifications achieved in S5 will be reviewed. Careful consideration will be given to an individual’s academic achievement, taking in to account the context and circumstances of their pre-university education. Please see the University of Southampton’s Curriculum for Excellence Scotland Statement for further information. Applicants are advised to contact their Faculty Admissions Office for more information.
Cambridge Pre-U offer D3 D3 M2 in three Principal subjects including Mathematics at M2. Cambridge Pre-U's can be used in combination with other qualifications such as A Levels to achieve the equivalent of the typical offer.

Level 3 BTEC (QCF) offer (unreformed) D in the BTEC Subsidiary Diploma plus AA from two A levels including Mathematics (minimum grade B).
DD in the BTEC Diploma plus A in A-level Mathematics.
DDD in the BTEC Extended Diploma plus B in A-level Mathematics.
Level 3 BTEC (RQF) offer (reformed) D in the BTEC National Extended Certificate plus AA from two A levels including Mathematics (minimum grade A).
DD in the BTEC National Diploma plus A in A-level Mathematics.
DDD in the BTEC National Extended Diploma plus B in A-level Mathematics.
European Baccalaureate offer 79-85% overall including grade 8/10 in Mathematics
International qualifications Find a list of accepted international qualifications listed by country. This is a list of the international qualifications that are recognised by the University of Southampton. If you are not sure that your qualifications meet the requirements of this course please contact our Admissions Teams.

English language requirements All applicants must demonstrate they possess at least a minimum standard of English language proficiency. Applicants requiring a visa to study in the UK who do not offer GCSE English language (or GCSE English) at the required level will need to meet the following English language proficiency requirement. Find out more about the University’s English Language requirements. Band B IELTS 6.5 overall, with a minimum of 5.5 in all components

For 2019 entry

QualificationGrade
GCSE GCSE English grade C or above (or an equivalent standard in other approved by the University English language qualification approved by the University)
GCE A-level
  • 3 A level subjects: AAB (including A level Mathematics at grade B or above) or ABB (including A level Mathematics at grade B or above) with grade A in the Extended Project Qualification.
  • 4 A level subjects: ABBB (including A level Mathematics at grade B or above) or BBBB (including A level Mathematics at grade B or above) with grade A in the Extended Project Qualification.
Queries about contextualised offers can be made to: ugapplyfshs@soton.ac.uk. Information about the university’s scheme to widen participation (A2S) can be found here: Access to Southampton
International Baccalaureate requirements 34 points, 17 at Higher Level, including 5 in Higher Level Mathematics
Alternative qualifications

We welcome applications from candidates offering qualifications other than A and AS levels (including BTEC, European Baccalaureate, International Baccalaureate, Irish Leaving Certificate and Scottish Highers). You will be expected to attain an equivalent standard to an A level applicant or an equivalent standard in other qualifications approved by the University. Contact us for further information on equivalencies for these qualifications and others not listed here.

Please note that we cannot accept applicants from Greece on the basis of the Apolyterion alone; it must be supplemented by two A levels or an equivalent qualification.

International applications

We welcome applications from international students. Helpful information on applying, meeting a University representative in your country, or improving your English language levels can be found on the International Office website. If English is not your first language you will be required to pass an approved English test. We normally ask for a score of IELTS 6.5.

Mature applicants

We welcome applications from mature students: if you will be over 21 at the start of your proposed degree programme, you are eligible for exemption from our normal entry requirements. However, you will be required to provide evidence of having completed recent serious and successful study (e.g. Access, Return to Study, Open University Foundation Courses), and of your capacity to pursue the course. Please note - due to the mathematical content of the courses at Southampton, you will be expected to have studied the appropriate level of mathematics relevant to the course.

Contextual Admissions

The University of Southampton is committed to widening participation and ensuring that all students with the potential to succeed, regardless of their background, are encouraged to apply to study with us. The additional information gained through contextual data supports our admissions teams to recognise a student’s potential to succeed in the context of their background and experience. Students who flagged in this way will be made an offer which is lower than the typical offer for that programme

A typical contextual offer is ABB from three A levels including grade B in A level Mathematics or an equivalent standard in other qualifications.

Please see our contextual admissions pages for more information.

Selection process:

We usually make our decisions based on your UCAS form alone. Only candidates who require special consideration, e.g. on grounds of age or non-standard entry qualifications, are interviewed.

All of our degree programmes require modules in mathematics (algebra and calculus) and statistics to be taken in the first year. If you have not studied mathematics for some time, you are strongly advised to prepare for these courses prior to entry

This page contains specific entry requirements for this course. Find out about equivalent entry requirements and qualifications for your country.

Typical course content

The programme structure below outlines the modules that you may typically expect to study, although this may vary depending on demand for the modules and staff availability.

Optional modules

There is a large choice of optional modules and the list below is not exhaustive. For example, interdisciplinary modules allow students to try different methodological approaches outside of their home discipline. For more information visit the Interdisciplinary modules page. Students can also take language modules in a variety of languages. The modules range in level from absolute beginner up to near-native speaker level. For more information visit the Credit-bearing language modules page. There are also non-credit bearing courses for those who simply wish to continue languages as a hobby, visit the Southampton Language Opportunity page.

Year in Employment

Students may decide to take a Year in Employment as part of this course. They do not need to indicate this on their UCAS application and can decide in their second year. For further information visit the Year in Employment page.

Students can also take placements and internships over the holiday, for more information visit the Excel Southampton Internship Programme page and work during term-time on the IBM Business Innovation Programme, for more information visit the Business Innovation Programme page.

Year 1

Module choices in year one are dependent on whether you have studied economics at A level.

Students who wish to pursue advanced Econometrics modules should choose ‘Quantitative Modelling in Economics’ in their First Year.

Semester One

Students who do not have an Economics A-level take Module: Foundations of Microeconomics, those who have an Economics A-level take Module: Principles of Microeconomics. Once chosen, these modules become core.

Core [?]
A core module is a module which must be taken and passed.
ECON1008Credit[?]
Credits are based on the Credit Accumulation and Transfer Scheme (CATS).
15
ECON1001Credit[?]
Credits are based on the Credit Accumulation and Transfer Scheme (CATS).
15
ECON1003Credit[?]
Credits are based on the Credit Accumulation and Transfer Scheme (CATS).
15
Compulsory
Optional
MANG1001Credit[?]
Credits are based on the Credit Accumulation and Transfer Scheme (CATS).
15
ECON1014Credit[?]
Credits are based on the Credit Accumulation and Transfer Scheme (CATS).
15
MANG1003Credit[?]
Credits are based on the Credit Accumulation and Transfer Scheme (CATS).
15
UOSM2022Credit[?]
Credits are based on the Credit Accumulation and Transfer Scheme (CATS).
15
UOSM2008Credit[?]
Credits are based on the Credit Accumulation and Transfer Scheme (CATS).
15

Language modules

Interdisciplinary modules

Semester Two
Core [?]
A core module is a module which must be taken and passed.
ECON1002Credit[?]
Credits are based on the Credit Accumulation and Transfer Scheme (CATS).
15
ECON1004Credit[?]
Credits are based on the Credit Accumulation and Transfer Scheme (CATS).
15
ECON1007Credit[?]
Credits are based on the Credit Accumulation and Transfer Scheme (CATS).
15
Optional
CRIM1004Credit[?]
Credits are based on the Credit Accumulation and Transfer Scheme (CATS).
15
DEMO1001Credit[?]
Credits are based on the Credit Accumulation and Transfer Scheme (CATS).
15
ECON1011Credit[?]
Credits are based on the Credit Accumulation and Transfer Scheme (CATS).
15
EDUC1061Credit[?]
Credits are based on the Credit Accumulation and Transfer Scheme (CATS).
15
PAIR1001Credit[?]
Credits are based on the Credit Accumulation and Transfer Scheme (CATS).
15

Language modules

Interdisciplinary modules

These are only examples. There is a wide choice of optional modules (see above).

Year 2

Students take two optional modules. Modules are offered by other departments (as above). Students may also choose from Economics optional modules. For example: Development Economics, International Trade Theory, Industrial Economics and a number of modules in Econometrics.

Semester One

Students take one of either Statistical Theory 2 or Introduction to Econometrics.

Compulsory
ECON2002Credit[?]
Credits are based on the Credit Accumulation and Transfer Scheme (CATS).
15
ECON2003Credit[?]
Credits are based on the Credit Accumulation and Transfer Scheme (CATS).
15
ECON2033Credit[?]
Credits are based on the Credit Accumulation and Transfer Scheme (CATS).
15
Semester Two

If students take Statistical Theory 2 in semester one, then they must also take Econometrics 2.

If students take Introduction to Econometrics in semester one, then they must also take Methods of Econometrics.

Compulsory
ECON2004Credit[?]
Credits are based on the Credit Accumulation and Transfer Scheme (CATS).
15
Optional
ANTH2001Credit[?]
Credits are based on the Credit Accumulation and Transfer Scheme (CATS).
15
CRIM2006Credit[?]
Credits are based on the Credit Accumulation and Transfer Scheme (CATS).
15
ECON2036Credit[?]
Credits are based on the Credit Accumulation and Transfer Scheme (CATS).
15
MANG2021Credit[?]
Credits are based on the Credit Accumulation and Transfer Scheme (CATS).
15
SOCI2003Credit[?]
Credits are based on the Credit Accumulation and Transfer Scheme (CATS).
15
SOCI2036Credit[?]
Credits are based on the Credit Accumulation and Transfer Scheme (CATS).
15

Language modules

Interdisciplinary modules

These are only examples. There is a wide choice of optional modules (see above).

Year 3

During year three you will study a dissertation, equivalent to two modules, which is a piece of independent research on a topic of your choice spread over both semesters.

Semester One
Core [?]
A core module is a module which must be taken and passed.
ECON3023Credit[?]
Credits are based on the Credit Accumulation and Transfer Scheme (CATS).
30
Compulsory
ECON3010Credit[?]
Credits are based on the Credit Accumulation and Transfer Scheme (CATS).
15
Optional
ANTH3002Credit[?]
Credits are based on the Credit Accumulation and Transfer Scheme (CATS).
15
CRIM3001Credit[?]
Credits are based on the Credit Accumulation and Transfer Scheme (CATS).
15
CRIM3002Credit[?]
Credits are based on the Credit Accumulation and Transfer Scheme (CATS).
15
SOCI3001Credit[?]
Credits are based on the Credit Accumulation and Transfer Scheme (CATS).
15
SOCI3002Credit[?]
Credits are based on the Credit Accumulation and Transfer Scheme (CATS).
15
SOCI3083Credit[?]
Credits are based on the Credit Accumulation and Transfer Scheme (CATS).
15

Language modules

Interdisciplinary modules

These are only examples. There is a wide choice of optional modules (see above).

Semester Two

The dissertation module runs over both semesters.

Compulsory
ECON3008Credit[?]
Credits are based on the Credit Accumulation and Transfer Scheme (CATS).
15
ECON3023Credit[?]
Credits are based on the Credit Accumulation and Transfer Scheme (CATS).
30
Optional
ANTH3003Credit[?]
Credits are based on the Credit Accumulation and Transfer Scheme (CATS).
15
CRIM3006Credit[?]
Credits are based on the Credit Accumulation and Transfer Scheme (CATS).
15
CRIM3007Credit[?]
Credits are based on the Credit Accumulation and Transfer Scheme (CATS).
15
CRIM3014Credit[?]
Credits are based on the Credit Accumulation and Transfer Scheme (CATS).
15
ECON3035Credit[?]
Credits are based on the Credit Accumulation and Transfer Scheme (CATS).
15
MANG3009Credit[?]
Credits are based on the Credit Accumulation and Transfer Scheme (CATS).
15
MANG3020Credit[?]
Credits are based on the Credit Accumulation and Transfer Scheme (CATS).
15
MANG3032Credit[?]
Credits are based on the Credit Accumulation and Transfer Scheme (CATS).
15
SOCI3074Credit[?]
Credits are based on the Credit Accumulation and Transfer Scheme (CATS).
15

Language modules

Interdisciplinary modules

These are only examples. There is a wide choice of optional modules (see above).

Year 4

During year four (Masters) you will study an advanced research project which is comprised of two pieces of work, the first associated with quantitative methods and would be of an empirical nature, and the second piece will be associated with another module you are studying.

Semester One

An advanced research project must be taken.

Compulsory
ECON6004Credit[?]
Credits are based on the Credit Accumulation and Transfer Scheme (CATS).
20
ECON6021Credit[?]
Credits are based on the Credit Accumulation and Transfer Scheme (CATS).
20
ECON6023Credit[?]
Credits are based on the Credit Accumulation and Transfer Scheme (CATS).
20
ECON6036Credit[?]
Credits are based on the Credit Accumulation and Transfer Scheme (CATS).
30
Semester Two

Economics is the study of these decisions and actions. Studying the way economic processes work helps us to understand the society in which we live.

The MEcon Master in Economics is a four year programme which allows students to study Economics in depth.

Optional
ECON6008Credit[?]
Credits are based on the Credit Accumulation and Transfer Scheme (CATS).
10
ECON6016Credit[?]
Credits are based on the Credit Accumulation and Transfer Scheme (CATS).
10
ECON6044Credit[?]
Credits are based on the Credit Accumulation and Transfer Scheme (CATS).
10

Please note: This specification provides a concise summary of the main features of the programme and the learning outcomes that a typical student might reasonably be expected to achieve and demonstrate if s/he takes full advantage of the learning opportunities that are provided. More detailed information can be found in the programme handbook (or other appropriate guide or website).

Tuition fees

List of tuition fees for this course and it's variations
NameAwardYear of entryMode of studyUK/EUInternational
Master in EconomicsM.Econ2019Full-time£9,250£17,065
Master in EconomicsM.Econ2020Full-time£9,250£17,560
View the full list of course fees

Funding

Scholarships, bursaries or grants may be available to support you through your course. Funding opportunities available to you are linked to your subject area and/or your country of origin. These can be from the University of Southampton or other sources.

Explore funding opportunities

Costs associated with this course

Students are responsible for meeting the cost of essential textbooks, and of producing such essays, assignments, laboratory reports and dissertations as are required to fulfil the academic requirements for each programme of study.

There will also be further costs for the following, not purchasable from the University:

TypeDescription
EquipmentApproved calculators: Candidates may use calculators in the examination room only as specified by the University and as permitted by the rubric of individual examination papers. The University approved model is Casio FX-570 This may be purchased from any source and no longer needs to carry the University logo.
StationeryYou will be expected to provide your own day-to-day stationery items, e.g. pens, pencils, notebooks, etc. Any specialist stationery items will be specified under the Additional Costs tab of the relevant module profile.
BooksWhere a module specifies core texts these should generally be available on the reserve list in the library. However due to demand, students may prefer to buy their own copies. These can be purchased from any source. Some modules suggest reading texts as optional background reading. The library may hold copies of such texts, or alternatively you may wish to purchase your own copies. Although not essential reading, you may benefit from the additional reading materials for the module.
EquipmentIT: Software licences - Publicly available software in public workstations and some available via iSolutions, but otherwise purchase.
Printing and copyingIn the majority of cases, coursework such as essays, projects, dissertations is likely to be submitted on line. However, there are some items where it is not possible to submit on line and students will be asked to provide a printed copy. A list of the University printing costs can be found here: https://www.southampton.ac.uk/isolutions/students/printing/

In some cases you'll be able to choose modules (which may have different costs associated with that module) which will change the overall cost of a programme to you. Please also ensure you read the section on additional costs in the University’s Fees, Charges and Expenses Regulations in the University Calendar available at www.calendar.soton.ac.uk.

Our degrees are full-time honours programmes of three years duration, with the exception of the M.Econ. programme, which lasts 4 years. All programmes aim to provide knowledge of the key concepts and arguments in the relevant subjects together with the capacity to apply this knowledge in a variety of contexts. In addition, we seek to ensure that all of our students are able to use data and quantitative techniques appropriately and effectively. The overall programme structure is a flexible one, allowing you to discover and pursue your own interests - either by choice of options or, if appropriate, by changing degree course at the end of year one.

Lectures and classes

Teaching takes place during two semesters, the first running from October to February and the second from February through to June. Eight subject units are taken per year - normally four per semester - some of which are compulsory and others optional. Teaching comprises both lectures (two or three per week, depending on the module) and weekly or fortnightly small group classes. In a typical semester you would spend about twelve hours per week attending lectures and classes; in addition, we expect about twenty-eight hours of self-study (preparing for classes, writing essays and so on) bringing the weekly total to forty hours.

Assessment

Modules are examined at the end of the semester in which they are taught, and in some cases a coursework mark will contribute to the overall grade for the unit. Satisfactory performance in the first year is required in order to progress to year two. Final degree classes are based upon marks from the second and third years.

Resources

The resources for teaching and learning at Southampton are excellent. The University's Hartley library, which is located close to the Division, contains a comprehensive collection of books and journals. Computer workstations are available both on the campus and at halls of residence, in many cases offering round-the-clock access. In addition, every student is provided with an e-mail account, and all rooms in halls of residence have a telephone/internet connection.

Breakdown of study time and assessment

Proportion of time spent in scheduled learning, teaching and independent study
Learning, teaching and assessment stage1234
Scheduled learning & teaching study20%19%14%18%
Independent study80%81%86%82%
Placement study0%0%0%0%
Proportion of assessment by method
Learning, teaching and assessment stage1234
Written exam assessment55%76%61%75%
Practical exam assessment4%0%0%0%
Coursework assessment41%24%39%25%

Study Locations

Hartley Library

Highfield campus

Economic, Social and Political Science is based on the main campus of ...Find out more

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