Dr Margaret Bray 32L.4.27, Dr Francesco Nava 32L.3.20, Dr Marcia Schafgans 32L.4.12 and Dr Shengxing Zhang 32L.1.16

This course is compulsory on the MPhil/PhD in Environmental Economics, MRes in Quantitative Economic History, MRes/PhD in Economics, MRes/PhD in Finance (Route 1), MSc in Economics, MSc in Economics (2 Year Programme), MSc in Economics and Management, MSc in Economics and Philosophy, MSc in Finance and Economics and MSc in Quantitative Economic History. This course is available on the MPA Dual Degree (LSE and Columbia), MPA Dual Degree (LSE and Hertie), MPA Dual Degree (LSE and NUS), MPA Dual Degree (LSE and Sciences Po), MPA Dual Degree (LSE and Tokyo), MPhil/PhD in Accounting, MPhil/PhD in Economic Geography, MSc in Economic History, MSc in Environmental Economics and Climate Change, MSc in Political Science and Political Economy and Master of Public Administration. This course is available with permission as an outside option to students on other programmes where regulations permit.

Students on the MRes/PhD in Economics may be exempted from EC400 at the Department's discretion. 

Outside applications for EC400 must be made to the Department of Economics by the end of June. This applies to offer holders/students who do not have any EC4XX courses listed in their programme regulations for which EC400 is a pre-requisite. Please contact econ.msc@lse.ac.uk for more information. 

EC400 is an introduction to MSc level concepts in mathematics and statistics, and an undergraduate level understanding is assumed. EC400 is not intended as an introduction for students with little or no economics/mathematics background.

The aim of this pre-sessional course is to provide students with the essential mathematical, statistical, economic and econometric background for the core Economics courses of these programmes. The course starts with mathematics revision sessions and progresses to sections covering mathematics for microeconomics, mathematics for macroeconomics, and probability and statistical inferences. MSc Finance and Economics students do not take mathematics for macroeconomics unless they intend to take a macroeconomics course during their studies. MSc Management and Economics students attend lectures on literacy in accounting instead of the mathematics for macroeconomics.

Approximately 27.5 hours of lectures and 36 hours of classes.

Students will be required to complete a set of self-testing exercises during the course.

Students will be advised of recommended readings in the summer.

Students will be required to complete a set of self-testing exercises during the course. At the end of the course, students on MSc Management and Economics and MSc Finance and Economics are examined on two mathematics modules (revision mathematics and mathematics for microeconomics) and probability and statistical inferences. All other students are examined on mathematics modules (revision mathematics, mathematics for microeconomics and mathematics for macroeconomics), and probability and statistical inferences. Students wishing to continue studying Economics MSc-level courses must achieve an overall grade of 50% in EC400 with no one subject exam less than 40%. Non-MRes students wishing to study MRes-level courses must achieve an overall grade of 70% with no one subject exam less than 60%.