Economics and Business Strategy MSc

What you'll study

• Semester 1
• Semester 2
• Summer

Semester 1

Economics of Firms and Markets (15 credits)

Economics of Firms and Markets (15 credits)

This module provides an introduction to important topics in microeconomic theory that are relevant for applications such business strategy, policy and regulation. Students are provided with a grounding in the analytical methods required to understand the topics taught in the optional modules.

Assessment

The module is assessed by 25% coursework (in-class test) and 75% exam, but the university reserves the right to alter this.

Industrial Organisation and Strategy (15 credits)

Industrial Organisation and Strategy (15 credits)

The module introduces the main principles and analytical techniques used in industrial organisation and game theory, which are exploited to assess of business strategy and policy.

Assessment

The module is assessed by 30% coursework and 70% exam, but the university reserves the right to alter this.

Economic Data Analysis (15 credits)

Economic Data Analysis (15 credits)

This module provides students with statistical and econometric techniques required to analyse economic data and test some of the most influential economic theories.

Assessment

The module is assessed by 25% coursework (in-class test) and 75% exam, but the university reserves the right to alter this.

Optional modules (choose one)

Macroeconomic Policy and Financial Markets (15 credits)

Macroeconomic Policy and Financial Markets (15 credits)

This module teaches macroeconomic theory and models, with applications to the financial system and markets. Students learn about the role of economic policies in producing and sustaining economic growth and financial stability of an economy.

Assessment: The module is assessed by 25% coursework (in-class test) and 75% exam, but the university reserves the right to alter this.

Financial Economics (15 credits)

Financial Economics (15 credits)

This module covers the fundamental concepts of financial economics, and teaches students how to model investor behaviour under conditions of uncertainty. Students learn how to apply and interpret asset pricing models and evaluate capital market efficiency.

Assessment: The module is assessed by 25% coursework (in-class test) and 75% exam, but the university reserves the right to alter this.

Semester 2

Economics of Corporate Strategy (15 credits)

Economics of Corporate Strategy (15 credits)

The module explores the key theoretical principles used in corporate strategy to identify the ways in which economic concepts can inform the real-world management decisions of complex businesses and organisations.

Assessment

The module is assessed by 30% coursework and 70% exam, but the university reserves the right to alter this.

Applied Data Analysis for Business Strategy (15 credits)

Applied Data Analysis for Business Strategy (15 credits)

This module familiarises students with the statistical techniques used in microeconomic data analysis and to evaluate business performance and its determinants, as well as assessing the impact of government policy and business strategy on business performance.

Assessment

The module is assessed by 40% coursework and 60% exam, but the university reserves the right to alter this.

Policy and Strategy Analytics (15 credits)

Policy and Strategy Analytics (15 credits)

Analytics techniques designed to tackle complex policy and strategic issues are introduced. It covers approaches designed to explain the behaviour of complex social systems or assess the consequences of complex decisions, in order to provide the levers for policy and strategy making in a variety of sectors.

Assessment

Typically this module is assessed by 50% coursework / 50% exam, although the university reserves the right to alter this.

Research Communication for Economists (10 credits)

Research Communication for Economists (10 credits)

This module enhances students’ skills in communicating research ideas and economic arguments to academic and non-academic audiences. Students learn how to use online literature databases, formulate research proposals, review any literature by critical constructive synthesis and make oral presentations.

Assessment

The module is assessed 100% by coursework, but the university reserves the right to alter this.

Optional modules (choose one)

Corporate Finance (15 credits)

Corporate Finance (15 credits)

This module focuses on modern theories of corporate finance and students are taught how such theories can be applied to understand the financing and investment decisions of companies, particularly those quoted on global stock exchanges.

Assessment: The module is assessed by 25% coursework (in-class test) and 75% exam, but the university reserves the right to alter this.

Economics of International Business (15 credits)

Economics of International Business (15 credits)

The module explores the key economic principles in international business, international trade and international economic relations. This involves the students in acquiring the economic skills and techniques typically used in the analysis and evaluation of international business strategy.

Assessment: The module is assessed by 30% coursework and 70% exam, but the university reserves the right to alter this.

Process and Programming for Analytics (15 credits)

Process and Programming for Analytics (15 credits)

This module will address the issues associated with designing and implementing data science/big data analytics initiatives. It will cover topics on data science process and pipeline, python programming basics, python programming with data and big data, and data visualisation using python.

Assessment: The module is assessed by groupwork (50%) and individual assignment (50%).

Summer

Economics and Business Strategy in Practice (20 credits)

Economics and Business Strategy in Practice (20 credits)

The module enables students to develop skills in identifying and assessing complex and topical issues in business strategy, and to apply research techniques to analyse current issues confronting business strategy and policy.

Assessment

The module is assessed by 100% coursework (50% presentation and 50% written coursework), but the university reserves the right to alter this.

Economic Research Project (30 credits)

Economic Research Project (30 credits)

This module builds on the Economics and Business Strategy in Practice module and allows students to gain experience in conducting an independent applied research project relevant to business strategy. In the process, you will improve your employment prospects by strengthening your ability to effectively communicate your knowledge, understanding and recommendations to policy makers and managers.

Assessment

The module is assessed by 100% coursework, but the university reserves the right to alter this.