Program Overview

MSc Applied Economics

The MSc Applied Economics program is designed to provide students with a comprehensive understanding of key economics concepts and theories, as well as core skills in economic modeling and data analysis. The program is tailored to meet the needs of aspiring professional economists, with a focus on developing practical, transferable skills that can be applied in a variety of contexts.

Course Content

The program consists of core and elective classes, which are taught through a combination of lectures, tutorials, group and individual projects, labs, workshops, and visits. The core classes include:

• Analysis of Economic Data
• Economic Appraisal and Modelling
• Fundamentals of Macroeconomics
• Fundamentals of Microeconomics
• International Macroeconomics
• Professional Development for Economists
• Topics in Public Economics
• Summer Project

The elective classes include:

• Economics of Inequality and Inclusive Growth
• Energy Economics
• Environmental Economics
• Games of Strategy
• International Development
• Regional Policy Development
• Health Economic Policy

Key Facts

• Start date: September
• Accreditation: Triple-accredited business school (AACSB, EQUIS, and AMBA)
• Study mode and duration: 12 months full-time, 24-36 months part-time, flexible study options available

Entry Requirements

• Academic requirements: Minimum second-class honors degree or overseas equivalent in any subject
• English language requirements: Students whose first language is not English must have a minimum of 6.5 IELTS score, with no individual score lower than 5.5

Fees and Funding

• Fees may be subject to updates to maintain accuracy
• Tuition fees will be notified in the offer letter
• All fees are in £ sterling, unless otherwise stated, and may be subject to revision
• Annual revision of fees: Students on programs of study of more than one year should be aware that the majority of fees will increase annually
• Available scholarships: Take a look at the Business School scholarships

Careers

Many of the program's graduates have gone on to senior positions in business, consultancy, and government, while some have progressed to PhD level study and careers in academia. Recent examples include former students working in global economics and financial consulting firms, financial advisor/analyst roles, banks, international organizations, economic development agencies, and public and industry bodies.

Learning and Teaching

Core and elective classes will be taught across two semesters running from September to December and January to March. Classes will be taught through a combination of lectures, tutorials, group and individual projects, labs, workshops, and visits. Summer projects are undertaken during the summer months and submitted in August.

Assessment

Every class will either have a class test or assignment during semesters 1 and 2. Exams will take place at the end of each semester in December and April/May.

Additional Costs

• Course materials: Class materials comprise textbooks and course handbooks. All the compulsory handbooks are available to students free on MyPlace, the Virtual Learning Environment. Some classes may have a recommended core textbook which students may wish to purchase, but copies will be available in the library.
• Placements and field trips: Expenses related to field trips will be covered by the department, i.e., transport and entry to sites. Students will be required to cover any travel costs associated with their summer project.
• International students: International students may have associated visa and immigration costs. Please see student visa guidance for more information.
• Other costs: Graduation gown hire.