Master of Arts
MA Economics
Due to high demand for this course, we operate a staged admissions process with multiple selection deadlines throughout the year, to maintain a fair and transparent approach.
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Fees and funding
Fees
For entry in the academic year beginning September 2027, the tuition fees are as follows:
-
MA (full-time)
UK students (per annum): £16,600
International, including EU, students (per annum): £35,300
The fees quoted above are fully inclusive of tuition, administration and computational costs.
Fees for entry are subject to yearly review. The University reserves the right to increase your tuition fee by up to 7% each year for courses lasting more than one year, including to reflect rising costs associated with delivering our educational and wider student experience. Postgraduate fees information .
Always contact the admissions team if you are unsure which fee applies to your qualification award and method of attendance.
Policy on additional costs
All students should normally be able to complete their programme of study without incurring additional study costs over and above the tuition fee for that programme. Any unavoidable additional compulsory costs totalling more than 1% of the annual home undergraduate fee per annum, regardless of whether the programme in question is undergraduate or postgraduate taught, will be made clear to you at the point of application. Further information can be found in the University's Policy on additional costs incurred by students on undergraduate and postgraduate taught programmes (PDF document, 91KB).
Scholarships/sponsorships
We know that student finance can be complicated. The links below provide further information to help guide you.
- Learn more about - student finance options for UK students .
- Learn more about - fees and finance for international students .
- Graduates of The University of Manchester and Manchester Metropolitan University can receive a 10% discount on their master's degree tuition fees as part of our Manchester Alumni Loyalty Discount scheme.
Course unit details:
Introduction to Econometrics
| Unit code | ECON60611 |
|---|---|
| Credit rating | 15 |
| Unit level | FHEQ level 7 – master's degree or fourth year of an integrated master's degree |
| Teaching period(s) | Semester 1 |
| Offered by | Economics |
| Available as a free choice unit? | Yes |
Overview
The aims of this course are to:
(i) provide an introduction to econometric methods that will assist students in understanding empirical research in their field;
(ii) enable students to apply these methods in their own research.
Pre/co-requisites
| Unit title | Unit code | Requirement type | Description |
|---|---|---|---|
| Introduction to Quantitative Methods in Economics | ECON60901 | Pre-Requisite | Compulsory |
Aims
The aims of this course are to:
(i) provide an introduction to econometric methods that will assist students in understanding empirical research in their field;
(ii) enable students to apply these methods in their own research.
Learning outcomes
At the end of the course students should be able to:
(i) demonstrate their understanding of the appropriate econometric methods for analysing data;
(ii) interpret computer output for the estimation and testing of econometric relationships;
(iii) interpret and discuss results of econometric estimation in the economic context.
Syllabus
Provisional
Lecture 1 and 2: What Econometrics is about and the Simple Regression Model (Chapters 1 and 2)
Lecture 3: The Simple Regression Model: Estimation and Inference (Chapter 2)
Lecture 4: Multiple Regression I: Estimation (Chapter 4)
Lecture 5: Multiple Regression II: Inference (Chapter 4)
Lecture 6: Asymptotic Inference and Instrumental Variables (Chapter 5 and 15)
Lecture 7: Heteroscedasticity (Chapter 8)
Lecture 8: Categorical variables and Binary response models (Chapter 7 and parts of Chapter 17)
Lecture 9: Introduction to time-series (parts of Chapters 10 and 11)
Lecture 10: Introduction to time-series (parts of Chapters 10 and 11)
The chapter numbers above refer to the main text for this course:
Wooldridge, J.M. (2013) Introductory Econometrics: A Modern Approach, 5th ed., Cengage (If you can get hold of the 4th edition that is absolutely sufficient.)
The lecturer will follow this text closely and it is essential that students buy a copy and use it to support the
Teaching and learning methods
Lectures and Tutorials.
Assessment methods
| Method | Weight |
|---|---|
| Other | 40% |
| Written exam | 60% |
10% Introduction to Quantitative Methods in Economics test.
10% Midterm test
20% Coursework
Recommended reading
Wooldridge, J.M. (2013) Introductory Econometrics: A Modern Approach, 5th ed., Cengage (If you can get hold
of the 4th edition that is absolutely sufficient.)
The lecturer will follow this text closely and it is essential that students buy a copy and use it to support the
lectures.
Heiss, F. (2016) Using R for Introductory Econometrics (it is available for free online: http://www.urfie.net/read/mobile/index.html#p=1)
Study hours
| Scheduled activity hours | |
|---|---|
| Lectures | 20 |
| Tutorials | 9 |
| Independent study hours | |
|---|---|
| Independent study | 121 |
Teaching staff
| Staff member | Role |
|---|---|
| Chenyang Wang | Unit coordinator |
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