Universidad Carlos III de Madrid - UC3M

"ATTENTION. The Call for Application is now available and can be downloaded together with the Application Forms from the section 'Application and Selection Procedure? of this web page".

The Erasmus Mundus Master Course in Economic Development and Growth-MEDEG is a full-time masters programme organized by a consortium including three top-class European Universities:

Universidad Carlos III Madrid - Spain (coordinating institution) University of Warwick – United Kingdom University of Lund - Sweden

MEDEG lasts two academic years, includes 120 ECTS (60 ECTS/year), and consists of 14 or 16 course modules (depending on the two different mobility schemes available) delivered through a combination of lectures, classes, tutorials and essay writing with individual supervisors. Another key component of the programme are a 8.000-word research dissertations to be written at the end of the first year and a 15.000-word dissertation to be written at the of the second year, on subjects chosen by students in consultation with supervisors.

Students are mandatorily required to study in two different universities of the consortium. In each university, they have to remain for one year and complete 60 ECTS. More specifically, the possible combinations are:

(A) Warwick (1st year) – Lund (2nd year)

(B) Carlos III Madrid (1st year) – Lund (2nd year)

MEDEG students can choose to spend their first year either at the University of Warwick (Option A) or at Universidad Carlos III Madrid (Option B). Warwick targets English-speaking students oriented towards research on economic development and growth at academic level. Carlos III Madrid targets Spanish-speaking students wanting either to pursue a professional career as development economists at governmental agencies and international organizations or to carry out research in development economics and economic history at academic level.

The first term is common at both universities and provides basic courses in Macro- and Micro-economics, International Economics, Statistics and Econometrics at intermediate level. In the second term, advanced courses are taught in order to allow students to specialize in the field of Economic Development according to the expertise offered by the two Universities. Students at Warwick develop advanced skills in econometric analysis, and focus mainly on advanced research topics in economic history, macro- and micro-topics in development and transition. Students at Carlos III focus on the analysis of different facets of economic development with a special emphasis on demography, inequality and poverty, and privilege Latin America as their main field of analysis. In both Universities the 3rd term of the first year is devoted to preparing an 8.000-word final dissertation. First year courses end up with a general workshop of one week in which MEDEG students from both options receive advanced training on specific topics by specialist from consortium universities and external experts. Students with the highest-quality first-year dissertations will also present the results of their research and discuss them with experts.

In the second year MEDEG students move to the Lund University to receive education and training in a series of advanced courses on different aspects of long-run economic development and growth. Thanks to the wide scope of expertise available at Lund and mobility schemes which allow instructors from both Warwick and Carlos III Madrid to move to Lund for one term, students can choose among a high number of courses on topics as varied and diverse as comparative patterns of economic change, technological change and innovation, inequality and living standards, economic demography, energy and sustainability, globalization and growth. In addition methodological courses are also offered on advanced quantitative and research methods. Some of these courses will be offered by experts from Warwick and Carlos III Madrid, thus enhancing the intra-consortium mobility of scholars (see below) and further expanding the range of specialized topics offered to students. At the end of the second year students are required to write a second 15.000-word dissertation with a high-level component of innovative research.