MSc in Economics (Development Economics), University of Exeter

Exeter,

12 Months

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About this course

This MSc program is designed for students eager to understand some of the world's biggest development challenges and how to address them. Created by world-class development experts, it offers a comprehensive study of economic theories, econometrics, and field research techniques, with a focus on real-world application. Students will have the opportunity to design development interventions or policy proposals under the supervision of expert development economists, and will receive feedback from professionals who have worked with prominent organizations like the World Bank. The course prepares students for roles in international organizations, social enterprises, government, think tanks, or academia, providing both theoretical knowledge and practical research experience to tackle major development issues.

Why this course is highly recommended

This MSc offers a unique opportunity to learn from leading development economists, gain practical skills in research and policy analysis, and develop real-world development interventions. Students benefit from personalized guidance through assigned academic tutors and can present their proposals to influential policymakers. The program’s connection with organizations like the World Bank and its inclusion of feedback from professionals in the field make it highly relevant for those aiming to make a tangible impact in global development. Additionally, being part of a research-intensive department ranked in the top 20 in the UK for Economics and Econometrics further enhances its appeal.

Specialisation

The program specializes in development economics, emphasizing cutting-edge theories, econometrics, behavioral economics, and policy design. Modules include topics such as Development Economics, Macroeconomics, Microeconomics, Applied Econometrics, Behavioral Development Economics, and Optimization Techniques. Optional modules extend to areas like Environmental Economics, Health Economics, Public Finance, and Industrial Economics, allowing students to tailor their studies according to their interests.

Course fees

Application fees

1st year tuition fees

28.19L

Living cost

Degree requirements

Applicants need a minimum 2:1 degree with honours in a quantitative discipline such as economics, mathematics, statistics, physical sciences, engineering, or related fields. Evidence of quantitative ability is essential, and students with exceptional performance in relevant modules, relevant work experience, or professional qualifications may also be considered. International students must meet English language requirements, categorized under Profile B2, and have basic algebra, calculus, probability, and statistics skills prior to starting the course.

English language test

PTE

TOEFL

IELTS

6.5

DUOLINGO

120

Career prospects

Graduates of this MSc are well-prepared for careers in international organizations like the World Bank, UN, development agencies, social enterprises, government, or academia. The program’s emphasis on analytical, research, and policy skills equips students to address global development challenges effectively. Optional modules also open pathways into finance, marketing, behavioral insights, and tourism management, broadening career options. The university’s support services and collaboration with renowned organizations ensure students are ready for successful global careers.

FAQs

What are the entry requirements for the MSc Development Economics?

Applicants need a minimum 2:1 honours degree in a quantitative discipline, with evidence of quantitative skills like algebra, calculus, and statistics. Exceptional performance or relevant experience can also be considered.

Are there internship or study abroad opportunities?

The course offers the possibility to develop policy proposals and present them to influential policymakers. Students may also have the chance to participate in research projects, but specific internship options are not detailed.