
Dr Aleksandar Vasilev - Programme Leader
Dr Aleksandar Vasilev is Programme Leader for the MSc Economics. He is a macroeconomist with two books, more than 90 published articles in peer-reviewed journals with impact factor, and 25 technical reports.
Academic Staff List Make an EnquiryWelcome to MSc Economics
Intended for students with a prior degree in the economics field, the MSc in Economics aims to extend an existing knowledge and skills base in economics and quantitative methods while enhancing critical and analytical skills. It is an intensive course combining advanced study and research.
The course aims to provide students with the opportunity to analyse the current dynamic environment within the context of appropriate contemporary theory and research,. With appropriate levels of sophistication, they can develop the tools and frameworks to analyse issues. Through this process, students can acquire skills that will better enable them to explore and analyse new issues as they emerge.
The course offers digitally-based transferable skills for those aiming for a career as a professional economist in government, financial institutions, business, commerce, international agencies and other similar organisations. By featuring strong research and enquiry skills, it also aims to help those wanting to progress to a PhD.
How You Study
This is a one-year Master's degree featuring four theory modules and two econometrics modules. Development economics features as a core to reflect the Biennial Development conference run by LiBS. The dissertation will give students the chance to work with one of the department's experienced lecturers on a selected topic and apply your knowledge to a specific problem.
The quantitative methods provided in the econometrics modules include: instrumental variables and two stage least squares; method of moment estimation; simultaneous equations models; forecasting; qualitative and limited dependent variable techniques; and panel data modelling.
Topics in Economics include: dynamic stochastic general equilibrium models; closed economic equilibrium; competitive equilibrium dynamics; consumer theory; consumption dynamics; Investment; real-business-cycle models; game theory; and information economics.
An Introduction to Your Modules
† Some courses may offer optional modules. The availability of optional modules may vary from year to year and will be subject to minimum student numbers being achieved. This means that the availability of specific optional modules cannot be guaranteed. Optional module selection may also be affected by staff availability.
Fees and Funding
For eligible students, there are more ways than ever before to fund your postgraduate study, whether you want to do a taught or research course. For those wishing to undertake a Master's course, UK students can apply for a loan as a contribution towards the course and living costs. Loans are also available to those who wish to undertake doctoral study. The University offers a number of scholarships and funded studentships for those interested in postgraduate study. Learn how Master's and PhD loans, scholarships, and studentships can help you fund your studies on our Postgraduate Fees and Funding pages.
Entry Requirements 2023-24
This is a specialist MSc programme. Courses in this category attract entrants who have a background in the subject or a related subject area, acquired through previous study. A 2:2 honours degree or equivalent in Economics or a related subject with a strong quantitative element is required.
Candidates may be invited for interview to provide effective information and guidance or for non-standard entry.
Student Managed Investment Fund
Lincoln International Business School offers the Student Managed Investment Fund (LSMIF), which is an investment fund created, operated, and maintained by students within the school, with everything running within the real-world environment of finance.
Students will be managing real money with the objective of positive returns while managing risk. Industry veteran and long-time lecturer Hao Quach will help support the students throughout, with many years of experience in all aspects of investment banking and 20 years teaching in multiple countries, Hao will use his experience to ensure the stability of the fund and provide guidance. Read more about the Student Managed Investment Fund.

Bloomberg Terminal
Students can take advantage of the Bloomberg Terminal, which is designed to help industry professionals make better-informed investment decisions by offering the latest market news along with historical data and an international network for secure and reliable communication.
Bloomberg Terminal offers a practical resource for students to reinforce the theories they learn in lectures, as well as enable them to become familiar with the tools being used by today’s financial services professionals.
Career and Personal Development
The MSc Economics programme is ideal for students wanting to work as a professional economist in government, financial institutions, business, commerce, international agencies, and other similar organisations. It is also suitable for those wanting to progress to a PhD.
Working in Partnership
Lincoln International Business School works with students and organisations to enhance the contribution of business to society. For students, that means developing their business skills and knowledge to improve their career readiness.
The University of Lincoln is a member of AACSB, a global nonprofit association connecting educators, students, and businesses to achieve a common goal: to create the next generation of great leaders. Find out more.

Broaden Your Horizons
Lincoln International Business School students can expand their horizons, visit our partner universities, and see international business in action by joining funded international trips to exciting overseas destinations. Places are awarded competitively to eligible students each academic year.
Find out more about our funded field trip places for students.

Postgraduate Events
Find out more about how postgraduate study can help further your career, develop your knowledge, or even prepare you to start your own business at one of our postgraduate events.
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