Advanced Diploma in Economic Theory
Course Overview
The Advanced Diploma in Economic Theory at LSLPE is a UK Level 5 senior-track qualification running 12 to 15 months across on-campus, online and distance routes. The programme consolidates the microeconomic, macroeconomic and game-theoretic foundations that senior-track analysts rely on, aligned with Royal Economic Society, Society of Professional Economists and Government Economic Service standards for applied economic reasoning.
By graduation you will have built an intermediate microeconomic model of consumer and firm behaviour, produced a macroeconomic scenario note, prepared a game-theoretic analysis of a strategic-industry question, delivered a theoretical critique of a live economic-policy proposal, and defended a capstone research piece.
Key Features
- Curriculum aligned with Royal Economic Society and Government Economic Service standards.
- Modules on intermediate microeconomics, macroeconomic theory and game theory.
- Case-room teaching on classic and contemporary theoretical papers.
- Workshops in modelling technique, comparative statics and dynamic analysis.
- Society of Professional Economists-aligned strand on practitioner-facing economic reasoning.
- Named programme-tutor support with weekly seminars in all three modes.
- Credit-transfer route into a UK Bachelor's top-up in Economics confirmed at enrolment.
What You Will Learn
- Analyse consumer, firm and market behaviour using intermediate microeconomics.
- Build and interpret IS-LM, AD-AS and open-economy macroeconomic models.
- Apply game-theoretic reasoning to strategic-industry questions.
- Read contemporary theoretical papers critically.
- Advise on policy proposals from a theoretical standpoint.
- Interpret welfare and efficiency arguments.
- Prepare a scenario-analysis note to a Government Economic Service-style format.
- Present a theoretical argument confidently in seminar and mock-committee settings.
Who This Course Is For
- Analysts in public-sector and consulting teams building theoretical depth.
- Career changers moving into economic advisory roles from data or finance backgrounds.
- Public-sector economists preparing for senior-track Government Economic Service assessment.
- Applicants preparing to apply for Master's programmes in economics.
- International applicants seeking a UK-based Level 5 theoretical credential.
Career Pathways
- Research economist in a think tank or academic centre.
- Economist in a Government Economic Service team.
- Economic policy analyst in a government department.
- Economic consultant on senior advisory desks.
- Regulatory economist in a competition authority.
- Investment analyst on macro research desks.
- Central bank analyst on macroeconomic modelling.
The LSLPE careers service maintains introductions with Government Economic Service employers, City research desks and IFS-adjacent research groups.
Entry Requirements
- A relevant Diploma (Level 4), Foundation Year, or at least two years of relevant professional experience in economics or quantitative analysis.
- GCSE English at grade 4/C and Mathematics at grade 4/C or equivalent.
- IELTS 6.0 overall (no band below 5.5) for non-native English speakers.
- One academic or professional reference.
- Applicants with research or analytical portfolios are encouraged to include them.
Why Study at LSLPE
LSLPE is a specialist division of Harold International College of London reading law, politics and economics as three interlocking disciplines. Central London places the Bank of England, the Treasury, the IFS, NIESR and the LSE-adjacent theoretical-economics ecosystem within a short tube ride of every classroom.
Cohorts are small, tutor-visible and taught in the case-room and select-committee tradition. The LSLPE careers service runs at least one careers day each year and refreshes syllabus alignment annually against Royal Economic Society guidance.
Apply for Advanced Diploma in Economic Theory
Applications are reviewed on a rolling basis and admissions responds within one working day. Enrol on a UK Level 5 Advanced Diploma at LSLPE with credit transfer into Bachelor top-ups confirmed at enrolment. Enrol Now.


















