Taught course


University of Glasgow · Adam Smith Business School

Entry requirements

2:1 Honours degree or non-UK equivalent (eg, a GPA of 3.0 or above) 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. Further information regarding academic entry requirements: student.recruitment@glasgow.ac.uk

Months of entry


Course content

This programme provides rigorous training in modern economics and equips you with a comprehensive understanding of the research tools and techniques, both theoretical and empirical, required for the analysis of economics phenomena. It aims to produce graduates that are well-equipped to pursue careers in academia, government, industry, or consulting. It gives thorough guided preparation for PhD research.

Why Glasgow

  • This programme is unique in Scotland and joins a small number of similar programmes in the UK. It is modelled on the long-established tradition at US universities of providing thorough PhD preparation.
  • Economics at Glasgow has a large group of research-active economists, who publish regularly in leading professional journals.]
  • The Economics Group runs five weekly seminar series, hosts workshops and conferences, and attracts international research visitors of world-leading quality. You are strongly encouraged to attend these research-oriented events.
  • The University of Glasgow Adam Smith Business School celebrates the legacy of Adam Smith by developing enlightened, enterprising and engaged graduates and internationally recognised research with real social impact.

Programme Structure

This is a taught programme. You will attend lectures, tutorials and seminars, and work on research projects. In year 1 you will take 6 core courses and write a research project over the summer, with the goal of identifying your areas of specialisation for the second year. In year 2 you will take 6 optional courses and complete a dissertation. If you complete the MRes at a sufficiently high level, you are automatically admitted into the 3-year PhD programme at Glasgow.

Core courses

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

Sample optional courses

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

Note: Some courses might not be available every year.

Information for international students

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. IBTOEFL: 92; no sub-test less than 20

Fees and funding

UK students
International students


Qualification and course duration


full time
24 months

Course contact details

Adam Smith Business School