University of Aberdeen Master of Arts [M.A] Economics and Finance Fees, Deadlines, Eligibility etc.

Aberdeen Global Scholarship is available for Indian students, which offers a £8,000 tuition fee waiver. 

The MA in Economics and Finance at the University of Aberdeen consists of the following modules:

Year	Term	Module Code	Module Name	Description

Year 1

Term 1

EC1013

Introduction to Economics

Covers basic economic theory, including supply and demand, market structures, and government intervention.

AF1001

Introduction to Finance

An introduction to the principles of finance, including time value of money, financial markets, and basic financial instruments.

MA1001

Mathematics for Economics and Finance

A foundational course on mathematical techniques used in economics and finance, including algebra, calculus, and optimization.

EC1024

Quantitative Methods for Economics

Introduces statistical methods and econometrics for analyzing economic data.

Term 2

EC1014

Microeconomics

Studies individual decision-making, market theory, and welfare economics.

EC1025

Macroeconomics

Focuses on the economy as a whole, examining topics like national income, inflation, and fiscal policy.

AF1002

Financial Markets and Institutions

Introduction to financial markets, focusing on banks, stock markets, bonds, and investment funds.

EC1033

Econometrics

Provides an introduction to econometric techniques, including regression analysis and hypothesis testing.

Year 2

Term 1

EC2016

Intermediate Microeconomics

Builds on the basics of microeconomics to analyze consumer behavior, production, and market structures in more detail.

EC2025

Intermediate Macroeconomics

Expands on macroeconomic theory, focusing on topics like economic growth, business cycles, and international trade.

AF2001

Corporate Finance

Covers the theory and practice of corporate financial management, including capital structure, risk management, and investment decisions.

EC2024

Economic Policy Analysis

Analyzes how economic policies are developed and their impacts on economies at local, national, and global levels.

Term 2

EC2020

Game Theory and Strategic Behavior

Explores the mathematical modeling of strategic interactions and decision-making in competitive environments.

AF2002

Financial Statement Analysis

Focuses on analyzing financial statements to assess the performance and financial health of businesses.

EC2018

Development Economics

Examines economic development, poverty, inequality, and growth in developing countries.

AF2003

Investment Analysis and Portfolio Management

Teaches investment theory, portfolio construction, and asset allocation.

Year 3

Term 1

EC3011

Advanced Microeconomic Theory

Advanced study of microeconomic theory, including general equilibrium, welfare economics, and market failures.

EC3012

Advanced Macroeconomics

Focuses on advanced macroeconomic models, including economic growth, policy, and open economy macroeconomics.

AF3001

Financial Modelling and Valuation

Introduces quantitative techniques for valuing financial assets and modeling financial data.

EC3023

Public Economics

Analyzes the role of government in the economy, focusing on taxation, public goods, and welfare programs.

Term 2

EC3013

Industrial Organization

Examines the behavior of firms in imperfectly competitive markets, including pricing strategies and market power.

AF3002

Derivatives and Risk Management

Focuses on financial derivatives (options, futures, swaps) and their use in managing financial risks.

EC3030

International Economics

Studies international trade and finance, including trade theory, policy, and global financial markets.

AF3003

Banking and Financial Institutions

Covers the functioning of banks and other financial institutions, with an emphasis on regulation and risk management.

Year 4

Term 1

EC4012

Econometrics 2

Advanced techniques in econometrics, including time-series analysis and panel data methods.

EC4021

Labor Economics

Analyzes labor markets, wage determination, unemployment, and labor market policies.

AF4001

Advanced Corporate Finance

Advanced topics in corporate finance, including mergers and acquisitions, capital budgeting, and corporate governance.

EC4015

Applied Economics Research Project

A research project where students apply economic theory and quantitative methods to analyze a real-world issue.

Term 2

EC4013

Financial Economics

Focuses on the theory and practice of asset pricing, including the Capital Asset Pricing Model (CAPM) and efficient markets hypothesis.

AF4002

Financial Risk Management

Focuses on methods used to measure and manage financial risk in corporations and financial markets.

EC4024

Economic History

Examines key events in economic history, such as the Industrial Revolution and global economic crises.

EC4025

Capstone Economics and Finance Project

A final-year research project that integrates knowledge from economics and finance to solve a complex problem or case study.