Fees and funding

Fees

Fees for entry in 2027 have not yet been set. For reference, the fees for the academic year beginning September 2026 were as follows:

  • MSc (full-time)
    UK students (per annum): £14,700
    International, including EU, students (per annum): £30,500

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.

International student CAS deposit

Self-funded international applicants are required to pay a deposit of £2500 towards their tuition fees before a confirmation of acceptance for studies (CAS) is issued. Some applicants will be required to pay a higher deposit. More information on tuition fee deposits .

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.

Course unit details:
Economic Development

Course unit fact file
Unit code MGDI60711
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 Global Development Institute
Available as a free choice unit? Yes

Overview

The course aims to provide a thorough review and critical assessment of contemporary issues in economic development, covering the main analytical approaches, empirical evidence and policy issues in development economics.

 

Aims

The course unit aims to provide a thorough review and critical assessment of contemporary issues in economic development, covering the main analytical approaches, empirical evidence and policy issues in development economics.

Syllabus

Topics covered include: 
1. Overview of Contemporary Issues in Economic Development 
2. Economic Growth: Theory and Experience (including neoclassical, institutional, historical perspectives) 
3. The Growth-Inequality-Poverty Triangle. Income inequality versus inequality of opportunity. 
4. Rural-Urban Migration, Industrialization and Urban Labour Market Informality; Urbanization with and without Industrialization 
5. Rural Development, Food Security, Value Chains 
6. Credit Markets and Insurance 
7. International Trade and Technological Upgrading
 

Teaching and learning methods

Lectures (2 hours a week) and seminars/tutorials

Knowledge and understanding

Understand and apply the main theories and models of economic development

Understand the role of markets and institutions in facilitating economic development

Intellectual skills

Develop analytical skills relevant to the assessment of these different theories and models of economic development, including inference from economic models and empirical data;

Search, access, and examine the main sources of economic and social data relevant to economic development

Practical skills

Apply the knowledge and skills acquired to the study of the main forces sustaining and limiting economic development today, and the design of effective policy interventions.

Assessment methods

Method Weight
Other 30%
Written assignment (inc essay) 70%

Group project in the form of a group podcast 

Written assignment 

Feedback methods

Written feedback will be provided via VLE (Turnitin) within 15 working days after submission.

Recommended reading

There is a long reading list, which mostly consists of academic articles.


However, here are some indicative textbooks:

Armendariz, B. and J. Morduch.(2010). The Economics of Microfinance, The MIT press.

Banerjee and Dufflo (2011). Poor Economics. Pearson.

Beck, Maimbo, Faye and Triki (2011). Financing Africa. The World Bank.

Banerjee, Benabou and Mookherjee (2006), Understanding Poverty, Oxford University Press.

De Janvry, Gordillo, Platteau, Sadoulet (2001). Access to Land, Rural Poverty and Public Action, Oxford University Press.

Easterly, W. (2001). The Elusive Quest for Growth, The MIT Press. 

Fafchamps, M. (2004). Market Institutions in Sub-Saharan Africa. The MIT Press

Hoff, Braverman and Stiglitz (1993). The Economics of Rural Organization, Oxford University Press.

Ray, D. 1999. Development Economics, Oxford University Press.

Study hours

Scheduled activity hours
Lectures 20
Tutorials 6
Independent study hours
Independent study 124

Teaching staff

Staff member Role
Ralitza Dimova Unit coordinator

Additional notes

Information

Timetable
 

Return to course details

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