Postgraduate Summer Session in Microeconomics and Quantitative Methods

The Summer Session registration deadline has now passed. The information below is for students who have already registered to attend the Summer Session 2019.

Duration 7 weeks of which 6 weeks are Distance Learning and 1 week is residential.

  • Dates:  Starts 5th August 2019 finishes 20 September 2019, this time is split between 5 August to 11 September Distance learning (travel between 12 and 14 September to York) workshop residential (16 and 20 September)
  • Costs will be £1170 plus one-week accommodation and living costs. 

Overview

Overview

A special feature of the York graduate programme is the availability of the Summer Session for students who, in the opinion of the Graduate School, have the ability to successfully complete the one-year Masters programme, but whose background is not a first degree in economics. Such candidates may possess a relevant professional qualification, a degree in another social science, or a science or engineering degree with a high quantitative and analytical content.

Students who satisfactorily complete the coursework both residential and distance learning examinations throughout the course will be given a certificate of attendance.

For those students who have a conditional offer for our MSc programme, subject to completing the summer session, you will then be able to register for the MSc.

The Summer Session course consists of lectures and tutorials in Micro-Economics (50%), Mathematics (20%), Statistics (20%), and Macro-Economics (10%).

The course material is of a standard equivalent to the second year of the honours degree in economics taught by the Economics Department. The course is intensive; in addition to the four teaching sessions per day, students are expected to work through exercises and problem sheets.

The Summer Session is also available as a free-standing course of instruction for any graduate interested in acquiring greater knowledge of economics and quantitative techniques.

ESS Accommodation

If you do not require pre-sessional summer accommodation you must inform Accommodation Services via email: accommodation@york.ac.uk before your arrival.

You will not be given a choice of room type or location for your pre-sessional accommodation. All students on the same course will be allocated to the same type of accommodation. 

You will be accommodated in university accommodation from the day before your course starts until 9am the date after your course ends. 

If you wish to live in a University residence during your Postgraduate course, you can apply online as soon as you accept an unconditional or conditional course place at the University.

Specific questions regarding accommodation should be sent to: accommodation@york.ac.uk

Accomodation Information

Your Summer Session university accomodation does not include towels or bedding. There is a shop on campus where you can buy everything you will need for your stay. Below is a price list for the on site shop, which is accurate as of 02/07/2019

  • Single duvet - £9.99
  • Set of two pillows - £6.00
  • Fitted bed sheet with duvet cover and pillowcase - £16.99
  • Bath towel £6.99

Key Date's

 

27/07/2019 - 17:00

Deadline for Summer Session registration. Please remember to request your CAS letter via Evision as soon as you register as the home office can take up to 1 month to process your visa.

27/07/2019 

Deadline for confirming accommodation requirements with accommodation@york.ac.uk 

05/08/2019

Distance Learning begins.

23/08/2019

Students will receive an email with an offer of accomodation. This will need to be accepted or rejected within 3 working days.

11/09/2019

Distance Learning ends.

12-15/09/2019

Travel to York.

16/09/2019

Compulsory residential period begins in York.

20/09/2019

Summer Session residential period ends.

Course Details

Course Details

The Summer Session in Microeconomics and Quantitative Methods is a 5 week course offered by the Department of Economics at the University of York. The course consists of lectures and tutorials in Micro-Economics (50%), Mathematics (20%), Statistics (20%), and Macro-Economics (10%).

The course material is of a standard equivalent to the second year of the honours degree in economics taught by the Economics Department. The course is intensive; in addition to the four teaching sessions per day, students are expected to work through exercises and problem sheets. A detailed course outline is attached.

The main purpose of the course is to prepare students for entry to the various one-year MSc degrees offered by this Department. A representative intake of students will have taken degrees and qualifications for example in engineering, medicine, biology and so on.

The course is also available to any appropriately qualified individual who wishes to acquire the basic principles of micro-economic theory and statistics in the analysis of real-life economic problems.

Certificates of attendance and competence are issued to participants.

Course Outlines

A series of topics are outlined below, each will be accompanied by a complete set of notes, exercises and where appropriate solutions to the exercises. Each topic may take more than a single lecture.

OUTLINE

Module

Subject

Content

Quantitative Module

Mathematics

Basic Mathematical Concepts

Functions

Equations

Introduction to linear algebra

Growth and Logarithmic Functions

Differential Calculus

Integration

 

Statistics

Descriptive Statistics

Discrete Random Variables

Continuous  Random Variables

Correlation and Regression

Estimation

Hypothesis Testing  

Economics

Microeconomics

Fundamental Concepts

Demand and Supply

Consumer Behaviour

General Equilibrium

Theory and Welfare Economics 

The Theory of the Firm   

Competition   

Monopoly   

Oligopoly   

Introduction to Game Theory

Asymmetric Information   

 

Macroeconomics

Basic definitions,

Aggregate supply and aggregate demand together (medium-run)

Economic growth

Expectations

 The open economy

 

 

FAQ's

 What is Distance Learning?

  • This implies a lot of reading (we will send you a list) and a series of tutorials. There will also be discussions online of the material that you will be covering.
  • You will be assigned a lecturer who will be following you online.
  • You need to log in at least 3 times a week and contribute to the discussion board.
 

What if I don’t pass the Summer Session?

  • This is very unlikely if you engage with the course. 

  • Our success rate is 98% but it means you have to study during both components the distance learning and the Residential part of the course.

  • Distance learning requires self-discipline and although it is flexible you can work at the time that suits you best you still have to log in and do the work required week by week.

  • During the residential version, you will also be asked to do homework and prepare for the assessment.

  • There are two assessments, both during the residential week.

    1. For the quantitative module, it is open book and the pass mark is 50 out of 100 points.
    2. For the economics module, there is a multiple choice quiz.
  • If you don’t pass we will encourage you not to take the MSc as we don’t think you will be successful, but it is indeed very unlikely if you engage with the course. 

 

Do I need to be in York for the Distance Learning component?

  • No you can be anywhere in the world provided you have good internet connection.

 

I live in China and the website may not work…

  • We have delivered this course to at least 150 students in China.
 

What if I can’t login into the VLE?

 

I have logged into the VLE but I have problems with VLE?

 

Do I need any books for the Summer Session or any prior preparation?

  • Get ready to work hard but NO you don’t need any books or prior preparation until you arrive in York.
 

Is the Residential component compulsory?

  • YES, you need to attend the residential component and sit the exams
 

Can I fail the summer session?

  • YES, but it is unlikely as the success rate is very high. But you need to work hard.
 

Is accommodation included in the fees?

  • No, it is not.
 

I don’t think I need the Summer Session can I still get into the MSc?

  • No, your application has been carefully selected for summer session.
  • You may have a degree in Economics but the components and marks you have obtained could suggest that you should attend the summer session.
 

Do I need a visa?

  • If you are a student with a conditional offer from the University of York, you will get a CAS letter (request it on evision once you register to summer session) that will cover both the residential component and the MSc
  • If you are a stand-alone student who requires a visa we are happy to send you an invitation letter. Make sure you request this on time by emailing mariaelena.garciareyes@york.ac.uk

Students attending a lecture

Summer Session Coordinator:

Dr Maria Garcia-Reyes