Programmes

MRes/PhD Quantitative Economic History

  • Graduate research
  • Department of Economic History
  • Application code V3UG
  • Starting 2021
  • Home full-time: Closed
  • Overseas full-time: Closed
  • Location: Houghton Street, London

The MRes/PhD is an advanced research degree. You will begin on the MRes, and will need to meet certain requirements to be upgraded to PhD status. The main objective of this programme is the elaboration of a substantial piece of work that is worthy of publication and which makes an original contribution to the field of quantitative economic history.

The Department is home to by far the largest group of researchers in economic history in the UK and one of the largest in the world. This is a pluralistic Department which encourages different approaches to the discipline: quantitative economic history; global history; history of economic thought; historical demography; historical economic geography; international economic history; business history; financial and monetary history; and social history. We also offer a wide chronological and geographical coverage of economic history, with specialists in almost every continent and any historical period from the medieval age onwards. For this reason, the Department is able to supervise a wide range of topics, in line with the research interests of the teaching staff.

We particularly value a comparative outlook on research, and the fruits of our research have been used by international agencies, such as the World Bank and International Monetary Fund, government departments and local communities. Our faculty have included among their research commitments the editorship of The European Review of Economic History and Economic History of Developing Regions.

Teaching and learning in 2021 

LSE is committed to offering you the best possible teaching and learning experience within the constraints of the ongoing COVID-19 pandemic. 

Our expectation for the 2021-22 academic year is that all LSE students will be in London and studying on campus, where we will provide flexible teaching and learning which blends both in-person and online elements. This flexible approach has been informed by our student and academic community and builds upon the innovations and improvements we have put in place over the past year. If, due to events outside of our reasonable control, such as the COVID-19 pandemic, we have to make any changes to the delivery of the programme in the 2021/22 academic year, we will provide as much notice as is reasonably practicable by updating this page and sending an email to all offer holders/students. 

For more information about LSE's teaching plans for 2021 and our Coronavirus FAQs for prospective students please visit our website.

Programme details

Key facts

 
Start date Introductory course in Mathematics and Statistics begins in August 2021
Application deadline 29 April 2021. However please note the funding deadline
Duration Four to five years full-time: one year MRes, three to four years PhD. Please note that LSE allows part-time PhD study only under limited circumstances. Please see lse.ac.uk/study-at-lse/Graduate/Prospective-students/Types-of-study for more information. If you wish to study part-time, you should mention this (and the reasons for it) in your statement of academic purpose, and discuss it at interview if you are shortlisted.
Tuition fee Home: £4,500 (for the first year) 
Overseas: £20,136 (for the first year)
Financial support LSE PhD Studentships (deadline 14 January 2021 and 29 April 2021)
ESRC funding (deadline 14 January 2021)
Minimum entry requirement Merit in the MSc in Quantitative Economic History and at least 65 per cent in the dissertation. Direct entry for candidates with a Distinction in an MSc in Economics will be considered
GRE/GMAT requirement GRE is required for applicants without a UK undergraduate degree in economics
English language requirements Research (see 'Assessing your application')
Location  Houghton Street, London

For more information about tuition fees and entry requirements, see the fees and funding and assessing your application sections.

Entry requirements

Minimum entry requirements for MRes/PhD Quantitative Economic History

Merit in the MSc Quantitative Economic History, and at least 65 per cent in the dissertation. Direct entry for candidates with a Distinction in an MSc in Economics will be considered.

Competition for places at the School is high. This means that even if you meet our minimum entry requirement, this does not guarantee you an offer of admission.

If you have studied or are studying outside of the UK then have a look at our Information for International Students to find out the entry requirements that apply to you.

GRE/GMAT requirement

GRE is required for applicants without a UK undergraduate degree in economics. This must be no more than five years old on 1 October 2021, and must include full and percentile test scores for all three sections with their application. Please see Admissions Enquiries for more information.

We do not require a specific mark but the test gives us an indication of aptitude for economics. Typically we expect candidates to score at least 161/770 in the quantitative section of the test. A higher score will count in your favour, but other information, such as examination results and references will also matter in the overall evaluation. We recognise that if your first language is not English, the verbal test will be more demanding and we view your score on that basis.

Find out more about GRE/GMAT 

Student support and resources

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Whatever your query, big or small there are a range of people you can speak to and who will be happy to help.  

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LSE LIFE – this is where you should go to develop skills you’ll use as a student and beyond. The centre runs talks and workshops on skills you’ll find useful in the classroom, offer one-to-one sessions with study advisers who can help you with reading, making notes, writing, research and exam revision, and provide drop-in sessions for academic and personal support.(See ‘Teaching and assessment). 

LSE Students’ Union (LSESU) – they offer academic, personal and financial advice and funding. 

PhD Academy - is available for PhD students, wherever they are, to take part in interdisciplinary events and other professional development activities and access all the services related to their registration. 

Sardinia House Dental Practice - offers discounted private dental services to LSE students. 

St Philips Medical Centre - based in Pethwick-Lawrence House the centre provides NHS Primary Care services to registered patients. 

Student Services Centre – our staff here can answer general queries and can point you in the direction of other LSE services.  

Student advocates and advisers– we have a School Senior Advocate for Students and an Adviser to Women Students who can help with academic and pastoral matters. 

Assessing your application

We welcome applications for research programmes that complement the academic interests of members of staff at the School, and we recommend that you investigate staff research interests before applying.

We carefully consider each application on an individual basis, taking into account all the information presented on your application form, including your:

- academic achievement (including existing and pending qualifications)
- personal statement
- references
- CV
- GMAT/GRE
- outline research proposal
- sample of written work.

See further information on supporting documents

You may also have to provide evidence of your English proficiency. You do not need to provide this at the time of your application to LSE, but we recommend that you do. See our English language requirements.

When to apply

The application deadline for this programme is 29 April 2021. However to be considered for any LSE funding opportunity, you must have submitted your application and all supporting documents by the funding deadline. See the fees and funding section for more details.

Fees and funding

Every research student is charged a fee in line with the fee structure for their programme. The fee covers registration and examination fees payable to the School, lectures, classes and individual supervision, lectures given at other colleges under intercollegiate arrangements and, under current arrangements, membership of the Students' Union. It does not cover living costs or travel or fieldwork.

Tuition fees 2021/22 for MRes/PhD Quantitative Economic History

Home students: £4,500 for the first year (provisional)
Overseas students: £20,136 for the first year

The fee is likely to rise over subsequent years of the programme. The School charges home research students in line with the level of fee that the Research Councils recommend. The fees for overseas students are likely to rise in line with the assumed percentage increase in pay costs (ie, 4 per cent per annum).

Fee status

The amount of tuition fees you will need to pay, and any financial support you are eligible for, will depend on whether you are classified as a home or overseas student, otherwise known as your fee status. LSE assesses your fee status based on guidelines provided by the Department of Education.

Further information about fee status classification.

Scholarships, studentships and other funding

The School recognises that the cost of living in London may be higher than in your home town or country, and we provide generous scholarships each year to our graduate students from the UK, the EU and outside the EU.

This programme is eligible for LSE PhD Studentships, and Economic and Social Research Council (ESRC) funding. Selection for the PhD Studentships and ESRC funding is based on receipt of an application for a place – including all ancillary documents, before the funding deadline. 

Funding deadline for first round of LSE PhD Studentships and ESRC funding: 14 January 2021
The deadline for the second round of LSE PhD Studentships: 29 April 2021

In addition to our needs-based awards, LSE also makes available scholarships for students from specific regions of the world and awards for students studying specific subject areas. 

External funding

There may be other funding opportunities available through other organisations or governments and we recommend you investigate these options as well.

Further information

Fees and funding opportunities

Information for international students

LSE is an international community, with over 140 nationalities represented amongst its student body. We celebrate this diversity through everything we do.  

If you are applying to LSE from outside of the UK then take a look at our Information for International students

1) Take a note of the UK qualifications we require for your programme of interest (found in the ‘Entry requirements’ section of this page. 

2) Go to the International Students section of our website. 

3) Select your country. 

4) Select ‘Graduate entry requirements’ and scroll until you arrive at the information about your local/national qualification. Compare the stated UK entry requirements listed on this page with the local/national entry requirement listed on your country specific page 

Programme structure and courses

Pre-sessional (MRes)

You will begin the programme with the Introductory Course in Mathematics and Statistics, which begins in late August, before the start of the academic year.

First year (MRes)

Study for the MRes includes substantive courses in economics and economic history and the production of research paper in quantitative economic history, as well as a research prospectus. 

Either
Microeconomics
Develops the basic tools for analysing problems of resource allocation used by economists working in research, government and business.
Or
Macroeconomics
Gives a wide-ranging overview of modern macroeconomics 

Research Paper in Quantitative Economic History
Builds on the research training provided through the core courses of the MSc Quantitative Economic History and the MRes Quantitative Economic History, augmented by the optional economic history courses taken during the MRes. 

Research Prospectus
A detailed outline "map" of the prospective PhD thesis, of around 5,000 words.

Courses to the value of two units from a range of economic history options 

PhD

After meeting the progression requirements, you will be upgraded to PhD registration. The PhD is the final stage of the programme where you will be expected to produce a PhD thesis comprised of three publishable research papers. During this period you will build on the formal training provided through the MRes and develop your research skills and scholarly abilities. Throughout your PhD degree, you will gain professional experience in how to present your findings in the Thesis Workshop in Economic History, taken each year of the programme. 

Thesis Workshop in Economic History

For the most up-to-date list of optional courses please visit the relevant School Calendar page.

You must note however that while care has been taken to ensure that this information is up to date and correct, a change of circumstances since publication may cause the School to change, suspend or withdraw a course or programme of study, or change the fees that apply to it. The School will always notify the affected parties as early as practicably possible and propose any viable and relevant alternative options. Note that that the School will neither be liable for information that after publication becomes inaccurate or irrelevant, nor for changing, suspending or withdrawing a course or programme of study due to events outside of its control, which includes but is not limited to a lack of demand for a course or programme of study, industrial action, fire, flood or other environmental or physical damage to premises. 

You must also note that places are limited on some courses and/or subject to specific entry requirements. The School cannot therefore guarantee you a place. Please note that changes to programmes and courses can sometimes occur after you have accepted your offer of a place. These changes are normally made in light of developments in the discipline or path-breaking research, or on the basis of student feedback. Changes can take the form of altered course content, teaching formats or assessment modes. Any such changes are intended to enhance the student learning experience. You should visit the School’s Calendar, or contact the relevant academic department, for information on the availability and/or content of courses and programmes of study. Certain substantive changes will be listed on the updated graduate course and programme information page.

Supervision, progression and assessment

Supervision

You will be assigned a lead supervisor (and a second supervisor/adviser) who is a specialist in your chosen research field, though not necessarily in your topic. Lead supervisors guide you through your studies.

Progression and assessment

You will need to meet certain criteria to progress to PhD registration.

Please refer to the PhD Handbook (pp. 13-16) for full details of progression requirements.

Your final award will be determined by the completion of an original research thesis and a viva oral examination.

More about progression requirements

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Preliminary reading

Acemoglu, D. and Robinson, J. (2012), Why Nations Fail: The Origins of Power, Prosperity and Poverty. London: Profile.

Allen, R.C. (2009), The British Industrial Revolution in Global Perspective. Cambridge: Cambridge University Press.

Austin, Gareth M. Markets, Slaves and States in West African History, c.1450 to the present. (Cambridge: CUP 2013)

Austin, Gareth M. & Kaoru Sugihara (eds.) Labour-intensive industrialisation in Global History. (London: Routledge 2013).

Baten, Joerg (2016), A History of the Global Economy. Cambridge.

Broadberry, S. and O’Rourke, K. (eds.) (2010), The Cambridge Economic History of Modern Europe. Cambridge: Cambridge University Press.

Clark, G. (2007), A Farewell to Alms: A Brief Economic History of the World. Princeton: Princeton University Press.

Crafts, N.F.R. and Fearon, P. (2013), The Great Depression of the 1930s: Lessons for Today. Oxford: Oxford University Press.

Darwin, J. (2007), After Tamerlane: The Rise and Fall of Global Empires, 1400-2000. London: Allen Lane.

Engerman, Stanley L. & Kenneth L. Sokoloff, Economic Development in the Americas since 1500: endowments and institutions. (Cambridge: CUP/NBER 2012).

Findlay, R. and O’Rourke, K. (2009), Power and Plenty: Trade, War, and the World Economy in the Second Millennium, (Princeton Economic History of the Western World), Princeton: Princeton University Press.

Floud, Roderick, Fogel, Robert, Harris, Bernard, and Hong, Sok Chul (2011), The Changing Body: health, nutrition, and human development in the western world since 1700. Cambridge.

Greif, A. (2006) Institutions and the Path to the Modern Economy: Lessons from Medieval Trade (Political Economy of Institutions and Decisions). Cambridge: Cambridge University Press.

Hatcher, J. and Bailey, M (2001), Modelling the Middle Ages: The History and Theory of England’s Economic Development. Oxford: Oxford University Press.

Herschman, Albert O. (2013), The Passions and the Interests: political arguments for capitalism before its triumph. Princeton.

King, Mervyn (2016), The End of Alchemy: money, banking and the future.  Little, Brown.

Livi-Bacci, Massimo (2012), A Concise History of World Population.  Wiley Blackwell.

Mackenzie, D (2006), An Engine, Not a Camera: How Financial Models Shape Markets. Cambridge, Mass: MIT Press.

Morgan, Mary S. (2012), The World in the Model: How Economists Work and Think. Cambridge: Cambridge University Press.

North, D.C., Wallis, J.J. and Weingast, B. (2009), Violence and Social Orders: A Conceptual framework for Interpreting Recorded Human History. Cambridge; Cambridge University Press.

Parthasarathi, P. (2011), Why Europe Grew Rich and Asia Did Not: Global Divergence, 1600-1850. Cambridge: Cambridge University Press.

Piketty, T. (2014) Capital in the Twenty-First Century. Harvard: Harvard University Press.

Pomeranz, K. (2000), The Great Divergence: China, Europe and the Making of the Modern World Economy. Princeton: Princeton University Press.

Careers

Students who successfully complete the programme often embark on an academic career. 

Further information on graduate destinations for this programme

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