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Thorstein Veblen 

"The outcome of any serious research can only be to make two questions grow where only one grew before."

 

 
   

 

Charles Darwin

"... the theory of Natural Selection ... implies no necessary tendency to progression."

 

 

 

   

Alfred Marshall

“... facts by themselves are silent. Observation discovers nothing directly of the actions of causes, but only of sequences in time.”

 

 
            

Albert Einstein

“It is the theory that describes what we can observe.”

 

 
   

 Willam James 

“Habit is thus the enormous fly-wheel of society, its most precious conservative agent.”

 

 

 

Douglass North

"The development of more efficient economic organization is surely as important a part of the growth of the Western World as is the development of technology, and it is time it received equal attention."

 

 
   

 Richard Nelson and Sidney Winter

"routines play the role that genes play
in biological evolutionary theory"

 

 
   

 J Stanley Metcalfe

"Evolutionary theory is a manner of reasoning in its own right ... biologists ... simply got there first"

 

New Masters Course

MSc Global Economy and Business Institutions

 

 

About the Course

 

Hertfordshire Business School is a leading centre for institutional thinking in the UK. This unique, research-informed taught course gives you an opportunity to learn with academics who are experts in institutional, evolutionary and organisational economics, political economy and development economics.

 

In a vibrant, research-rich environment, you will expand your understanding of institutional and organisational theories, analyse global economic issues and develop policy-making capabilities.

 

It is excellent preparation for a rewarding career in research, influential roles within the public or private sector, or the demands of PhD-level study.

 

To download the course flyer click HERE.

 

This research-driven MSc in Global Economy and Business Institutions from Hertfordshire Business School is an unmissable opportunity to learn with academics who are experts in institutional, evolutionary and organisational economics, political economy and development economics. Expand your understanding of institutional and organisational theories, analyse global economic issues and develop policy-making capabilities in a vibrant, researchrich environment, where you and your peers will drive discussions, make presentations and lead debates.

 

Our groundbreaking course is led by established researchers and professors, with insights from cutting-edge business leaders and academic guest speakers from across the world. And it is excellent preparation for a rewarding career in research, infl uential roles within the public or private sector, or the demands of PhD-level study.

 

This course draws on the research expertise of members of the Group for Research in Organisational Evolution and the Global Economy and Business Research Unit, both based at Hertfordshire Business School. The School was named as one of the best new university business schools in the UK government’s most recent quality evaluations, with teaching rated as excellent by the Quality Assurance Agency. On top of that, we are based within the UK’s leading business-facing university. Our groundbreaking course is led by established researchers and professors, with insights from cutting-edge business leaders and academic guest speakers from across the world.

 

 

Course Structure

 

This is a full-time, one-year course. Your modules are spread over three semesters, each building on the knowledge and skills you have already achieved. You will earn a total of sixty credits each semester. Assessment will be by a combination of examination and coursework.

 

Semester A modules

 

• Entrepreneurs, Firms and Markets

• Institutions, Structures and Evolution

• Research Methodology

• Varieties of Capitalism

 

Semester B modules

 

• Contemporary Debates in the Global Economy

• Corporate Governance, Law and Society

• Global Finance and Stability

• Political Economy of Development in a Global Context

 

Semester C module

 

• Dissertation

 

To download course structure and module details click here.

 

 

Entry Requirements

 

An Honours degree at 2.1 or higher in economics, finance or management (with sufficient Economics content) from a UK university, or the equivalent from a recognised university overseas.

 

All students from non-majority English speaking countries require proof of English language proficiency. We consider the following qualifications and grades:

  • GCSE English Language grade A-C
  • IELTS 6.5 or above

We also accept some other English language tests. Please contact our International Office for details.

 

 

Teaching Team

 

Hulya Dagdeviren

Professor of International Economic Development

 

Francesca Gagliardi

Senior Lecturer in Finance

 

David Gindis

Lecturer in Economics

 

Jane Hardy

Professor of Political Economy

 

Geoffrey M. Hodgson

Research Professor in Business Studies

 

To find out more about this unique and groundbreaking Masters course, or to apply for a place on the course, please visit go.herts.ac.uk/GlobalEconomy or email business.school@herts.ac.uk.