MSc Economics and International Relations (Part Time)
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MSc Economics and International Relations provides a platform to understand international economics and politics from an interdisciplinary perspective.
The course gives you considerable flexibility to choose an area of geographical specialisation. It will allow you to develop skill highly desired by employers; an ability to understand international institutions and geopolitics, as well as the analytical skills of economics. It is taught in collaboration with staff and students from Political, Social and International Studies, which also has a strong tradition of interdisciplinary research and teaching.
This course fits into our Applied Training Programme which is designed to provide training in new and vocationally attractive skills in Economics. It is appropriate either for graduates with no economics background who wish to understand how markets work and to develop the analytical skills of an economist, or for graduates in economics who wish to develop specialist expertise without committing to full research training. This course provides training that places specialist areas in a wider economic context and shows how the insight from economics can improve workplace performance.
The programme should appeal to those who wish to pursue a career in the areas of international business or international relations.
You will study compulsory modules in economic concepts and econometric methods, international relations theory and international political economy.
You will also have the option to select from a range of modules offered within Political, Social and International Studies and the School of Economics. For further details of the modules currently on offer, please see the Course Profile tab.
Assessment will be carried out through combinations of coursework and exams. You will also write a dissertation on a topic of your choice, supervised individually by an academic from the School.
Additional Support offered by the School of Economics
In order to prepare you for your Master’s degree the School of Economics runs an introductory course in Mathematics and Statistics for Economists in the fortnight preceding the Master’s programme. While this course is not compulsory, it is recommended that you attend. The course will run from 10th September 2018 - 21st September 2018.
Course Modules 2017/8
Students must study the following modules for 60 credits:
This module is designed to introduce students to micro and macro economics analysis, and to familiarise students with a wide range of economic tools which can be applied to issues relating to their Applied Training Programme. The module covers, in particular, consumer and producer choice, market equilibrium, market structure, externalities and public goods, the macroeconomics of inflation, unemployment and growth and macroeconomic policy.
INTERNATIONAL RELATIONS THEORY
The main objectives of this course are to introduce students to the academic study of International Relations theory. This is done by investigating leading theoretical approaches and becoming familiar with important concepts and debates in International Relations theory. Students are introduced to the nature of knowledge claims (epistemology) and fundamental assumptions about social/international reality (ontology) in International Relations. Please note that this is an introductory module and should not be taken if you have already studied IR theory.
IN TAKING THIS MODULE YOU CANNOT TAKE ECO-7019B In this module we develop our understanding of the international economy, specifically international trade. We explain the patterns in the global flows of goods using a number of different models of international trade theory. We ask who benefits from trade, who it can harm, and relate our insights to the current debate about globalization. The module also deals with controversial issues like the effect of trade on the environment and strategic trade policy.
Students must study the following modules for 80 credits:
This is a module of two halves. The first half introduces some basic econometric techniques, and the problems which arise in their use. The second half applies the skills acquired in the first half to particular problems in economics such as exchange rate models and the analysis of discrete choices by individuals. An emphasis is placed on the practical side of the subject. With the aid of the specialist econometric computer software STATA, theoretical models are estimated and tested using real data.
ECONOMICS DISSERTATION (60 CREDITS)
All students taking the ECO MSc degrees in Economics, Environmental Economics, Experimental Economics, Industrial Economics, Finance and Economics, Media Economics, International Business Finance and Economics and International Business, and Economics and International Relations, are required to submit a dissertation. This module prepares students to write a dissertation of a length and technical complexity as specified in their Course Guide, on a topic approved by the Course Director or other authorised person.
Students will select 40 credits from the following modules:
This is a technical finance module aimed at students wishing to pursue careers in the financial sector. The module is taught to both Economics (ECO) and Actuarial (CMP) students. CMP students can benefit from the Institute and Faculty of Actuaries accreditation. The focus of the module is on valuation and risk analysis of financial products. The module is highly analytical with weekly exercise sessions in computer labs. Topics covered include: continuous-time stochastic processes, stochastic models for security prices, bonds, term structure of interest rates, futures and forwards, options, hedging and credit risk.
This module comprises two sections. The first section examines finance from an investor's perspective, highlighting aspects of portfolio diversification and asset pricing. In the second section, we focus on corporate finance, examining corporate governance issues, how operations are funded (capital structure), and how firms return money to shareholders (payout policy). Particular attention is paid to international topics, including how to price assets across segmented markets, and the benefits, or otherwise, of international portfolio diversification.
This module is structured around three main questions: why do multi-nationals exist? What are their beneficial effects? Why might they sometimes be a cause for concern? In answering these questions we confront a variety of theoretical and empirical methodologies (eg, oligopoly theory, transactions costs, econometric, case studies in corporate strategy) and draw upon various branches of Economics (international, industrial, labour, financial and political economy).
THE FOREIGN RELATIONS OF CHINA AND JAPAN IN THE MODERN WORLD
The module looks at the history of China and Japan from the mid-nineteenth century to the present day. The attempts at modernisation, conflict between the two nations, their relationships with the Asian region and the United States are covered. Their contrasting attempts to develop in the postwar period are investigated. We also assess their current policies and the issues of importance to China and Japan in the twenty first century, and assess whether they can move beyond the legacy of this difficult history.
DisclaimerWhilst the University will make every effort to offer the modules listed, changes may sometimes be made arising from the annual monitoring, review and update of modules and regular (five-yearly) review of course programmes. Where this activity leads to significant (but not minor) changes to programmes and their constituent modules, there will normally be prior consultation of students and others. It is also possible that the University may not be able to offer a module for reasons outside of its control, such as the illness of a member of staff or sabbatical leave. Where this is the case, the University will endeavour to inform students.
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- Degree Subject Any Subject
- Degree Classification 2.2 or equivalent
Applicants should normally have a good first degree from a recognised higher education institution. The University will also take into account the employment experience of applicants where relevant.
It is normal for undergraduate students to apply for entry to postgraduate programmes in their final year of study. Applicants who have not yet been awarded a degree may be offered a place conditional on them attaining a particular class of degree.
Students for whom English is a Foreign language
We welcome applications from students whose first language is not English. To ensure such students benefit from postgraduate study, we require evidence of proficiency in English. Our usual entry requirements are as follows:
- IELTS: 6.5 (minimum 6.0 in all components)
- PTE (Pearson): 62 (minimum 55 in all components)
Test dates should be within two years of the course start date.
Other tests, including Cambridge English exams and the Trinity Integrated Skills in English are also accepted by the university. The full list of accepted tests can be found here: Accepted English Language Tests
INTO UEA also run pre-sessional courses which can be taken prior to the start of your course. For further information and to see if you qualify please contact email@example.com
Fees and Funding
Fees for the academic year 2018/19 are:
- UK/EU Students: £7,765
- International Students: £16,000
Fees listed are inclusive of the optional 2-week pre-sessional Mathematics and Statistics for Economists course.
International applicants from outside the EU may need to pay a deposit.
Approximately £9,135 living expenses will be needed to adequately support yourself.
Scholarships and Funding
A variety of Scholarships may be offered to UK/EU and International students. Scholarships are normally awarded to students on the basis of academic merit and are usually for the duration of the period of study. Please click here for more detailed information about funding for prospective Economics students.
How to Apply
Applications for Postgraduate Taught programmes at the University of East Anglia should be made directly to the University.
To request further information & to be kept up to date with news & events please use our online enquiry form.
If you would like to discuss your individual circumstances prior to applying please do contact us:
Postgraduate Admissions Office
Tel: +44 (0)1603 591515
International candidates are also encouraged to access the International Students section of our website.
We can’t wait to hear from you. Just pop any questions about this course into the form below and our enquiries team will answer as soon as they can.
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