MSc Political Economy

In Colchester

£ 7,200 + VAT
  • Typology


  • Location


  • Duration

    1 Year


About the course
Over the last three decades, political economy has been one of the fastest growing approaches in the social sciences

At Essex, we are primarily interested in the scientific study of political institutions and how they might determine economic variables

If you are interested in how institutions shape the behaviour of political actors and how political decisions influence markets and vice versa, then you will profit from our course

You will have a great deal of choice for your optional modules as they will be selected from both our Department of Government and Department of Economics

Our MSc Political Economy covers all aspects of modern political economy, including:
Market failure
Environmental policies
The quality of governance
Monetary policy choices
Our Department of Government is one of the most prestigious in Europe, with an outstanding record of teaching, research and publication

We are rated top in the UK for research (REF 2014), and have consistently been the highest-rated politics department in the country since national assessments began

Our Department of Economics is also consistently rated highly for student satisfaction, and is Top 5 in the UK for research with over 90% rated as ‘world-leading’ or ‘internationally excellent’ (REF 2014)

Our expert staff
Study and work alongside some of the most prominent economists and political scientists of our time

Our researchers are at the forefront of their field and have even received MBEs; they are advising the CIA on counter-terrorism, training politicians and civil servants in democratising countries, and commentating on political events in national and international media




Colchester (Essex)
See map
Wivenhoe Park, CO4 3SQ


On request

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What you'll learn on the course

  • Economics
  • International
  • Politics
  • Teaching
  • Government
  • Financial
  • Financial Training
  • Design
  • Market

Course programme

Example structure
Postgraduate study is the chance to take your education to the next level. The combination of compulsory and optional modules means our courses help you develop extensive knowledge in your chosen discipline, whilst providing plenty of freedom to pursue your own interests. Our research-led teaching is continually evolving to address the latest challenges and breakthroughs in the field, therefore to ensure your course is as relevant and up-to-date as possible your core module structure may be subject to change.
For many of our courses you’ll have a wide range of optional modules to choose from – those listed in this example structure are, in many instances, just a selection of those available. Our Programme Specification gives more detail about the structure available to our current postgraduate students, including details of all optional modules.
Year 1
MA Dissertation
Advanced Research Methods
Political Economy
Applications of Data Analysis (optional)
Behavioural Economics I: Individual Decision Making (optional)
Behavioural Economics II: Games and Markets (optional)
Comparative European Politics (optional)
Computational Agent-Based Macro-Economics, Financial Markets and Policy Design
Conflict Resolution (optional)
Contemporary Theories of Justice (optional)
Econometric Methods (optional)
Economic Development Theory (optional)
Economics of Financial Markets (optional)
Economics of Incentives, Contracts and the Firm (optional)
Economics of the European Union (optional)
Economics of Transition (optional)
Environmental Economics (optional)
Estimation and Inference in Econometrics (optional)
Game Theory and Applications (optional)
Ideology and Political Discourse (optional)
Environmental Politics (optional)
International Finance (optional)
International Security Studies (optional)
International Trade (optional)
Macroeconomics (optional)
Market Structure and Strategic Behaviour (optional)
Mathematical Methods (optional)
Microeconometrics (optional)
Microeconomics (optional)
Monetary Economics
Panel Data Methods (optional)
Political Economy (optional)
Political Explanation (optional)
Political Parties in Britain and Europe (optional)
Political Theory (optional)
Public Opinion and Political Behaviour (optional)
Research Design (optional)
Research Seminar in Political Theory and Methods (optional)
Survey Measurement and Question Design
Theories of International Relations (optional)
Theory and Explanation in Political Science (optional)
Theory of Industrial Organisation (optional)
Time Series Econometrics (optional)
Topics in Financial Economics (optional)
Courses are designed to provide you with an advanced understanding of either the politics of a geographical area or an aspect of the discipline
Courses include both compulsory and optional modules, so the course can be tailored to fit your interests and aspirations
Learn through discussion and problem-solving
Lab sessions allow you to improve your technical research skills
We encourage students to attend national conferences to meet researchers and discuss their work
Your coursework comes in the form of essays, simulations, presentations and in-class tests
You are given guidance on how to prepare a Masters dissertation by our Graduate Director in the spring term
We link you with an appropriate supervisor at the earliest opportunity

Additional information

Many of our economic researchers also provide consultancy services to businesses in London and other major financial centres, helping us to develop research for today's society as well as informing our teaching for the future Our key academic staff for this course are Dr Alejandro Quiroz Flores, who works on why authoritarian leaders welcome natural disasters, Simone Dietrich, who works on who gives, receives, and benefits from aid and Nicole Baerg who works on why the design of central bank committees matters for inflation You join an active and prolific research team, with the opportunity to work alongside a member of staff on their research instead of completing a dissertation; some of these projects have even resulted in joint staff/student publications Specialist facilities Laboratories of networked computers featuring extensive software for political and quantitative analysis ESSEXLab provides opportunities for experimental lab research Student societies for politics, economics, debating, and Model UN We organise the Essex Summer School in Social Science Data Analysis A programme of seminars and events run by the department Your future All Essex politics graduates have the distinction of a qualification from one of the world’s leading politics departments This course is a good choice if you wish to maintain the flexibility of pursuing a career at an international organisation, a government organisation, a private enterprise or as a political consultant You will develop key employability skills including analytical reasoning, research, problem solving, and essay-writing Recent graduates have gone on to work for the following high-profile organisations: The Civil Service Local government The World Bank The United Nations NATO YouGov and YouGov America We also offer supervision for PhD and MPhil in the following fields: government; ideology and discourse analysis; international relations; political behaviour; and politics Our...
£ 7,200 + VAT