Political Economy of Late Development London School of Economics and Political Science

Overview

The Political Economy of Late Development at the London School of Economics and Political Science provides a rigorous academic framework for understanding how societies overcome poverty to build sustainable wealth. This joint programme integrates the research expertise of the Department of Economic History and the Department of International Development. Students examine long-run global processes of growth alongside contemporary policy responses to development challenges.

By bridging these two disciplines, the curriculum offers a unique perspective on why some nations succeed in industrialising while others face persistent economic hurdles. You will engage with cutting-edge debates and empirical evidence concerning development outcomes across Africa, Asia, and Latin America.

Why Political Economy of Late Development at the London School of Economics and Political Science?

The London School of Economics and Political Science is home to one of the largest specialist economic history departments globally, featuring a vast community of permanent teaching staff and visiting researchers. This academic environment allows students to study the evolution of economies within their specific social, political, and cultural contexts. The department's research frequently informs decision-making for major international bodies, including the World Bank and the International Monetary Fund.

Students benefit from an institution ranked as the University of the Year 2025 by the Times and The Sunday Times Good University Guide. The school is also recognised as a global leader in social sciences and management, providing an unparalleled network for those interested in the political economy. Learning is supported by the LSE Learning Lab, which offers dedicated workshops to refine research and critical-thinking skills.

Tuition Fee Breakdown

• International fee: GBP 28900 per year
• National fee: GBP 18300 per year

Visit the Fees and Funding section for a breakdown in your local currency.

Syllabus

The curriculum consists of compulsory units and a selection of optional courses, allowing for specialisation in specific regional or thematic areas. Modules may include:

• Historical Analysis of Economic Change
• Development: History, Theory and Policy
• Theories, Paths and Patterns of Late Development
• Research Dissertation

Year 1

• Historical Analysis of Economic Change
• Development: History, Theory and Policy
• Research Dissertation

Careers with Political Economy of Late Development

Graduates from this programme are well-prepared for professional roles within international and national development agencies, non-governmental organisations, and the media. The analytical skills gained are also highly relevant for careers in international business and consultancy. Many students use this degree as a foundation for doctoral-level research in the social sciences.

According to recent graduate outcomes, alumni frequently secure positions in diverse sectors including financial and professional services, government, and public policy. Other common destinations include accounting, auditing, and the energy sector. The university provides extensive career support, including CV workshops, careers fairs, and networking opportunities with top UK employers to assist students in transitioning into the global workforce.