Postgraduate taught 

Economics MRes

Statue of Adam Smith

This two year programme provides rigorous mathematical training in modern economics. It will equip you with a thorough understanding of the research tools and techniques, both theoretical and empirical, required for the analysis of economics.

Why this programme

  • This MRes is distinctive in its two year programme structure and will provide you with comprehensive foundational training in economics. It is modelled on the established tradition of US universities providing thorough PhD preparation.
  • It is ideally suited if you have a quantitative background, but limited exposure to economic ideas, or if you have a background in economics and are interested in developing this knowledge in line with the current standards of economics research.
  • It includes extensive training in qualitative research methods of mathematics, statistics and econometrics, as well as the mathematical treatment of the core areas of economics.
  • Our staff members are research-active economists, who publish regularly in leading professional journals such as Econometrica, Theoretical Economics, the Economic Journal, and the Review of Economic Dynamics.
  • You will have the opportunity to join the Economics Group, which is a vibrant postgraduate research community that runs a series of seminars dedicated to different subjects within economics. The group also hosts workshops and conferences, and attracts international research visitors of world-leading quality. 

Adam Smith Business School is triple accredited

Programme structure

During the first two weeks you will take a pre-sessional mathematics course. This ensures that you all begin the programme on the same mathematical footing. In year one you will receive comprehensive research-oriented training in research methods and the core areas of economics. You will also receive advanced training in research design and complete an independent summer research project under academic supervision.

After year one of this programme you will have the option to graduate with an MSc Quantitative Economics, or continue to year two which will focus on the specialised fields of applied Economics; preparing you for your PhD.

In year two you will take optional courses in your chosen subfield of specialisation, as well as work on a dissertation that will lead to your PhD proposal (should you decide to proceed further onto a PhD in Economics). Teaching will be in the format of lectures, tutorials and seminars, with work on research projects. 

Core courses

  • Econometrics
  • Macroeconomics 1
  • Macroeconomics 2
  • Microeconomics 1
  • Microeconomics 2
  • Quantitative methods. 

Optional courses may include

  • Behavioural economics
  • Contract theory
  • Decision theory
  • Economic growth: Theory and numerical solution methods
  • Game theory
  • Industrial organisation
  • International macroeconomics
  • Market microstructure
  • Methods of economic dynamics
  • Microfoundations of macroeconomics
  • Networks and games
  • Time series analysis
  • Welfare and mechanism design.

Programme alteration or discontinuation
The University of Glasgow endeavours to run all programmes as advertised. In exceptional circumstances, however, the University may withdraw or alter a programme. For more information, please see: Legal statements: Disclaimer.

Career prospects

This programme provides you with thorough preparation for PhD research, and completion at a sufficiently high level guarantees admission into the Glasgow Economics PhD programme. You will also be extremely well-positioned to be accepted for PhD study in other universities. Upon completion of the programme you will be equipped to pursue careers in academia, government, industry or consulting. We have a dedicated careers and employability team who provide 1-2-1 support and advice, group workshops, employer events on campus and networking opportunities throughout the year to help you with your career prospects.

Fees and funding

Tuition fees for 2018-19

MRes

Home and EU
Full time fee£7650
International
Full time fee£16650

This is a two year programme. Students will be charged the same fee in each of the two years.

Fees are subject to change and for guidance only

Additional fees

  • Fee for re-assessment of a dissertation (PGT programme): £315
  • Submission of thesis after deadline lapsed: £250
  • Registration/exam only fee: £150
  • General Council fee: £50

Funding opportunities

MRes/PhD in Economics Studentship

The Adam Smith Business School offers a prestigious, combined MRes/PhD Economics scheme. The 2 years MRes programme is normally followed by the 3 years PhD stage. The University of Glasgow will fund up to six studentships covering tuition fees and a stipend for up to five years to enable students to receive comprehensive MRes (pre-PhD) training and to subsequently undertake research in a chosen field of economics, leading to a PhD. Note: You are required to attend a 2-week introductory course in mathematical methods before commencing the MRes programme. This course starts on 3 September 2018.

more information

The scholarships above are specific to this programme. For more funding opportunities search the scholarships database

Entry requirements

2.1 Honours degree or non-UK equivalent in economics or related subject with substantial technical component (e.g. mathematics, statistics, physics, engineering) You will also need to submit a personal statement which clearly evidences a strong desire to pursue an academic career in economics and show evidence of exposure to multivariable calculus, matrix algebra and basic probability/statistics. Only academic references will be accepted. Referees will know the applicants in the capacity of students/researchers, not from internship or work in private/public sector. Applicants are encouraged to submit any additional (academic) documents they believe will support their application.

English language requirements

For applicants whose first language is not English, the University sets a minimum English Language proficiency level.

International English Language Testing System (IELTS) Academic module (not General Training):

  • overall score 6.5
  • two sub-tests no less than 6.5, no sub-test less than 6.0
  • or equivalent scores in another recognised qualification:

Common equivalent English language qualifications

All stated English tests are acceptable for admission for both home/EU and international students for this programme:

  • ibTOEFL: 90; no sub-test less than:
    • Reading: 20
    • Listening: 19
    • Speaking: 19
    • Writing: 23
  • CAE (Cambridge Certificate of Advanced English): 176 overall; no sub-test less than 169
  • CPE (Cambridge Certificate of Proficiency in English): 176 overall; no sub-test less than 169
  • PTE Academic (Pearson Test of English, Academic test): 60; no sub-test less than 59
  • Trinity College London Integrated Skills in English: ISEII at Distinction with Distinction in all sub-tests

For international students, the Home Office has confirmed that the University can choose to use these tests to make its own assessment of English language ability for visa applications to degree level programmes. The University is also able to accept an IELTS test (Academic module) from any of the 1000 IELTS test centres from around the world and we do not require a specific UKVI IELTS test for degree level programmes. We therefore still accept any of the English tests listed for admission to this programme.

Pre-sessional courses

The University of Glasgow accepts evidence of the required language level from the English for Academic Study Unit Pre-sessional courses. We also consider other BALEAP accredited pre-sessional courses:

FAQs

What do I do if...

my language qualifications are below the requirements?

The University's English for Academic Study Unit offers a range of Pre-Sessional Courses to bring you up to entry level. The course is accredited by BALEAP, the UK professional association for academic English teaching; see Links.

my language qualifications are not listed here?

Please contact the Recruitment and International Office: pgadmissions@glasgow.ac.uk


 

For further information about English language requirements, please contact the Recruitment and International Office: pgadmissions@glasgow.ac.uk

How to apply

We ask that you apply online for a postgraduate taught degree. Our system allows you to fill out the standard application form online and submit this to the University within 42 days of starting your application.

You need to read the guide to applying online before starting your application. It will ensure you are ready to proceed, as well as answer many common questions about the process.

In addition to the standard documents, you should also include an academic CV, along with a short description (no more than 1000 words) of your academic economics background and training to date. This should include a list of grades achieved in economics, mathematics, statistics and cognate courses, and a brief summary of the content of these courses including the main textbooks used and where the study was undertaken.

Application deadlines

  • International applications (non-EU): 21 July 2018
  • UK and EU applications: 25 August 2018

Students are required to attend a 2-week introductory course in mathematical methods before commencing the MRes programme. This course starts on 3 September 2018.

Apply now