Economics for Development MSc

**The information provided on this page was correct at the time of publication (November 2024). For complete and up-to-date information about this course, please visit the relevant University of Oxford course page via www.graduate.ox.ac.uk/ucas.**<br/><br/>This is a nine-month degree in development economics with a strong emphasis on bringing methods of modern economic analysis to economic development theory and policy. The course will prepare you for further academic research or for work as a professional development economist in international agencies, governments or the private sector.<br/><br/>**Course objectives**<br/>The course seeks to cultivate the analytical and critical skills relevant to economic development, in particular those needed to assess alternative approaches to policy. It provides the rigorous quantitative training that development work now requires, helping you develop the ability to access, process and interpret a variety of data. It aims to provide the research tools and approaches needed for those who wish to proceed to doctoral research in development economics.<br/><br/>**Courses structure**<br/>You will take courses in economic theory (split between macroeconomics, microeconomics and international trade), a course in quantitative methods (ie econometrics) and a choice of four or five from a series of at least eight elective modules in development economics. Topics vary from year to year. In recent years, modules have covered topics such as agriculture, political economy and institutions, globalisation, macroeconomic policy, behavioural economics, risk and microfinance. <br/><br/>A central component of the course is a dissertation written on a subject which you choose in consultation with your supervisor and with the agreement of your Course Director. More information on the structure of the course is available in the course handbook on the departmental website’s course page.<br/><br/>**Teaching and learning**<br/>The course is taught through lectures and classes and, for the development modules, student presentations. The quantitative methods course also includes hands-on training in the use of specialist statistical software. Class sizes are small – usually between 5 and 30 students – encouraging active participation and enabling students to learn from each other.<br/><br/>During the course you will be required to complete a number of problem sets and write essays for individual supervisors (the tutorial system). This system is used to build critical and analytical skills and is particularly beneficial to students from a different background of instruction.<br/><br/>Around 65% - 75% of your time will be spent on lectures and guided study, with the remaining 25% - 35% devoted to self-directed work, much of which will be spent on your dissertation.