Technological change, shifting patterns of global trade, and geopolitical tensions are leading to rapid changes in the world economy. Yet these global changes are felt very differently in local, urban and regional economies across the advanced, emerging, and developing world.In this context, economic development increasingly requires new responses, and demands specialist skills to exploit the opportunities these changes offer.The MSc Local Economic Development, affiliated by the Institute for Economic Development (IED), prepares you to meet these challenges.What you’ll learnBased on the latest academic evidence and theory, you’ll develop an understanding of:How global economic change is influencing local economiesHow the private and public sector can work together to achieve changeHow strategies for development can best be designed and deliveredThe implications of urbanisation, how FDI and global value chains shape economic developmentStrategies for inclusive growthAcademic excellenceOur programme is academically rigorous and taught by one of the world’s leading research groups on sub-national economic development. The faculty includes five members listed among the top 2% of cited researchers globally, and multiple award winners, including the European Regional Science Association (ERSA) prize and the Royal Geographical Society’s Gold Medal.Practical focusWe emphasise policy and practice through interactive lectures, classes, and seminars that engage students in current public policy debates. Our faculty have collaborated with prominent organisations such as the World Bank, OECD, European Commission, AIIB, IADB, national governments, and various private sector organisations and consultancies.Graduate destinations:Previous graduates are working in international organisations (eg, the UN system [including ILO, UNDP, FAO], World Bank, OECD, European Union, World Trade Conference), national and regional governments, international consultancy, non-governmental organisations (NGOs), research centres and leading universities.