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Re: Europe master or UK graduate diploma
In terms of two year masters programs, there are many available in Europe.
France: PSE and TSE (M1 and M2 I think)
Netherlads: Tilburg, Tinbergen (although I think they want you to stay for PhD)
Belgium: UCL and ULB
Spain: UC3M, UAB, BGSE, CEMFI
And there's also Mannheim, Bonn, Stockholm and Zurich.
I don't want to burst your bubble, but as you have never taken an economics course, how do you know you want to do an economics PhD? How do you know you even like economics? IMO an economics textbook has fairly different content to economics books in bookshops, eg. books by Krugman, Stiglitz, Thaler, so if you want to do an economics PhD because you like books by authors already mentioned I'd get hold of an introductory textbook ASAP to see if academic economics is your cup of tea.