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Students
Tuition Fee
USD 30,240
Per year
Start Date
Medium of studying
On campus
Duration
12 months
Program Facts
Program Details
Degree
Masters
Major
Applied Statistics | Econometrics | Statistics
Area of study
Mathematics and Statistics
Education type
On campus
Timing
Full time
Course Language
English
Tuition Fee
Average International Tuition Fee
USD 30,240
Intakes
Program start dateApplication deadline
2023-09-01-
About Program

Program Overview


Overview

Through core modules, you will gain a deep understanding of how data science can inform and improve the decision making of individuals, firms and governments. You can tailor your degree with a range of optional modules and complete a dissertation where you will apply the methods you have learnt.

With this Master’s degree from Newcastle University, you will have developed the skills necessary to excel as a:

  • professional economist
  • policy maker
  • academic researcher
  • We also offer the following economics courses:

  • Economics MSc
  • Behavioural and Experimental Economics MSc
  • International Economics and FiNAce MSc




  • Important information

    We've highlighted important information about your course. Please take note of any deadlines.

    Your course and study experience - disclaimers and terms and conditions

    Please rest assured we make all reasonable efforts to provide you with the programmes, services and facilities described. However, it may be necessary to make changes due to significant disruption, for example in response to Covid-19.

    View our Academic experience page, which gives information about your Newcastle University study experience for the academic year 2022-23.

    See our terms and conditions and student complaints information, which gives details of circumstances that may lead to changes to programmes, modules or University services.

    Program Outline

    What you'll learn

    Gain advanced skills in economic theory. You'll also learn quantitative methods in econometrics and mathematical economics.

    You will learn the theory, analytical tools and data analysis methods to help find solutions to deal with a variety of real-world economic problems. You'll also achieve an understanding of specialist software packages in high demand by employers.

    Take on advanced topics of microeconomics and macroeconomics. This will maximise your expertise and help you develop soft skills essential for any sector.


    Modules

    You will study modules on this course. A module is a unit of a course with its own approved aims and outcomes and assessment methods.

    Course content changes

    Module information is intended to provide an example of what you will study.

    Our teaching is informed by research. Course content changes periodically to reflect developments in the discipline, the requirements of external bodies and partners, and student feedback.

    Full details of the modules on offer will be published through the Programme Regulations and Specifications ahead of each academic year. This usually happens in May.

    Optional modules availability

    Some courses have optional modules. Student demand for optional modules may affect availability.

    To find out more please see our terms and conditions.

    Economics and Data Science MSc modules


    Compulsory modules

  • Microeconomics (20 credits)
  • Macroeconomics (20 credits)
  • Mathematical Analysis (10 credits)
  • Econometrics (10 credits)
  • Numerical Methods and Scientific Programming (20 credits)
  • Applied Data Science (20 credits)
  • Dissertation (60 credits)

  • Optional modules

    You take

    one

    optional module from the following list.

  • Topics in Microeconomics (20 credits)
  • Topics in Macroeconomics (20 credits)
  • Causal Inference and Applied Microeconometrics (20 credits)
  • Applied Time series econometrics (20 credits)
  • Experimental Methods in Economics (20 credits)
  • Behavioural Economics (20 credits)
  • You also take the following not-for-credit module:

  • Mathematics Foundations (0 credits)
  • SHOW MORE
    About University
    PhD
    Masters
    Bachelors
    Diploma
    Foundation
    Courses


    Overview:

    Newcastle University is a public research university located in Newcastle upon Tyne, England. It is known for its high-quality research and teaching, and its commitment to social justice and engagement.


    Services Offered:

    The university offers a wide range of services to students, including: *


    Careers Service:

    Provides guidance and support with career planning, job applications, and internships. *

    Library:

    Offers extensive resources, including books, journals, databases, and study spaces. *

    Student Support:

    Provides a variety of services to help students succeed, including academic support, counseling, and disability services. *

    Accommodation:

    Offers a range of on-campus accommodation options, including halls of residence and self-catered apartments. *

    Sport:

    Provides access to a variety of sports facilities and activities.


    Student Life and Campus Experience:

    Newcastle University offers a vibrant and diverse campus experience. Students can get involved in a wide range of clubs and societies, attend events and lectures, and enjoy the city's nightlife and cultural attractions.


    Key Reasons to Study There:

      High-quality research and teaching:

      Newcastle University is consistently ranked highly in national and international league tables.

      Strong focus on employability:

      The university has a strong track record of preparing graduates for successful careers.

      Vibrant and diverse campus community:

      Students can enjoy a welcoming and supportive environment.

      Excellent location:

      Newcastle is a thriving city with a rich history and culture.

    Academic Programs:

    Newcastle University offers a wide range of undergraduate and postgraduate programs across a variety of disciplines, including: *


    Science, Agriculture & Engineering

    *

    Humanities & Social Sciences

    *

    Medical Sciences


    Other:

    • The university has a strong commitment to sustainability and social justice.
    • It is home to a number of research centers and institutes, including the Centre for Ageing and Inequalities and the Centre for Data.
    • Newcastle University is a member of the Russell Group, a group of 24 leading research-intensive universities in the UK.

    Total programs
    573
    Average ranking globally
    #124
    Average ranking in the country
    #13
    Admission Requirements

    Academic entry requirements

    Typically a 2:1 honours degree from a UK university, or international equivalent, in economics or joint honours with a major component of economics. You are expected to have a good standard in mathematics (eg. calculus, matrix algebra, constrained optimisation) and statistics (eg. probability theory, statistical inference, hypothesis testing, simple regressions) achieved at undergraduate level.

    If you have a 2:1 degree in a related subject that is highly quantitative (eg fiNAce, statistics, operations research, mathematics, engineering) you may be considered with approval from an academic selector. The selector will use the degree syllabus and / or letters of reference as evidence of understanding and suitability.

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