Course Type: Postgraduate (taught)
Training Provider: University of Glasgow
School/Institute/Dept./Centre: Centre for Development Studies (CDS)

 

Programme structure

Students take four core courses and select two optional courses from the list below. MSc candidates also write a 12,000-15,000 word dissertation. Students are required to attend a course on research methodology in preparation for writing the dissertation.

Core courses

International Macroeconomics and Policy
This is a policy-oriented course. It starts with an analysis of the conduct of monetary policy and macroeconomic policy. It then analyses how openness of the economy affects a country’s macroeconomic policy and economic performance. In particular, the course analyses the problem of attaining a position of internal and external equilibrium and considers options for the conduct of macroeconomic policy.

International Finance and Money
This course examines issues in International Finance and Money and provides students with experience modelling nominal and real exchange rates by examining recent developments in the literature. The course highlights both theoretical and empirical developments. In particular it examines the role of relative prices and the role of other macroeconomics fundamentals, for example relative money supplies, in the determination of the nominal exchange rate. It discusses approaches to modelling the real equilibrium exchange rate and examines the circumstances associated with the end of particular exchange rate regimes. Finally, it introduces students to the operation of European Monetary Union and adjustment to economic shocks.

Money, Finance and Growth
The course reviews a variety of analytical models that analyse the role of money and financial intermediation in economic growth. It investigates the link between saving (and investment) and economic growth, and between development of the financial system and growth. Particular attention is paid to the possible direction of causation between finance and growth. Finally, the course reviews the empirical literature and the evidence that it provides about causal links.

Financial Institutions and Markets in Developing Countries
The course analyses monetary and financial structures in developing countries. It looks at the operation of monetary policy in these countries and analyses a number of different issues arising from the process of liberalisation of the financial system and capital movements. The policies of interest rates liberalisation and stock market development are analysed. The course examines the relationships between financial liberalisation, capital account liberalisation and financial crises. It discusses measures that can reduce the likelihood of crises and problems related to international rescue operations.

Optional courses

Centre for Development Studies options

• Basic Econometrics
• International Trade
• Project Planning, Appraisal and Implementation
• Quantitative Methods for Planning - Forecasting
• Advanced Econometrics
• Economic Appraisal of Development Projects
• Economics of Finance
• Globalisation, Trade and Economic Development
• IMF, World Bank and Economic Growth
• Quantitative Methods for Planning - Optimal Decision Making
• Financial Sector Stability and Growth

Department of Accounting and Finance options

• Environment of International Business
• International Banking and Financial Markets
• International Corporate Finance
• International Financial Management

Students may also choose relevant options from other MSc Programmes subject to approval.

Hits: 803

                                                                     

Staff:
http://www.gla.ac.uk/departments/economics/ourstaff/

Entry Requirements:
Applicants for MSc programmes will be expected to have at least an upper second class honours degree, or comparable non-UK degree. Normally, this should be a degree in economics or a joint degree containing a significant amount of economics, although in the case of the programme in Development Studies, an upper second class honours degree in an area of the social sciences is acceptable, while applicants for Environment and Sustainable Development should have the equivalent of an upper second class degree in a relevant field of study. Occasionally candidates with other qualifications and/or relevant work experience may also be admitted. Well-qualified applicants who do not meet the requirements for MSc programmes may be accepted for a programme of study leading to the award of a postgraduate Diploma.

Course Duration:
MSc: 12 months (October-September) full-time, 24 months part-time. Diploma: 9months (October-June) full-time, 2*9 months over two sessions part-time.

Language(s) of Instruction:

• English

Mode of Study:

• residential

Thematic Focus:

• Development Economics
• Development Finance
• Development Studies
• Globalisation
• Poverty Analysis
• Project Planning

Country(ies):

• United Kingdom

Town(s) or City(ies):
Glasgow

Course fees:
Please see http://www.gla.ac.uk/registry/students/fees/feeindex.html for details.

Scholarships & Awards:
Please see http://www.gla.ac.uk/studying/scholarships/ for details.

Course's Webpage:
http://www.gla.ac.uk/centres/developmentstudies/postgraduatetaughtprogrammes/mscineconomicandfinancialsectorpolicies/