MSc Economics

Why Choose This Course

Economics helps us decipher and shape our complex world. It offers unparalleled insights into how decisions by individuals, businesses, and the government affect important aspects of everyone’s life, including employment opportunities, the prices of products and services, and the overall standards of living.

Our MSc in Economics will help you build on your undergraduate studies to develop advanced capabilities in the discipline and you will benefit from a boost in skills that are relevant to the modern world.

The program is designed to prepare you for a range of careers in which advanced economics analysis and independent thought can contribute to fulfilling your professional ambitions. Also, graduates of the program are well-placed for further study in economics.

The School of Economics has a reputation as a leading research-intensive department in the UK. In the 2021 Research Excellence Framework, our School was ranked in the top 10 schools in the UK for world-leading research. The School achieved an overall ranking of 6th for real-world impact and 8th for research environment in REF 2021. Our student satisfaction rating in the Postgraduate Taught Experience Survey 2022 was 87%.

What You Will Study

Our Economics MSc comprehensively covers the core areas of microeconomics, macroeconomics, and econometrics in which you will develop a systematic understanding to position yourself at the forefront of the discipline.

As well as acquiring outstanding theoretical knowledge, you will also learn how to solve problems and bring your analytical strengths to bear on applied issues.

The MSc in Economics program features a series of lectures and workshops in research methods that will allow you to build the skills you need to carry out independent research in economics and complete your dissertation in the summer.

We offer a range of elective modules and related pathways which will allow you to tailor your course to meet your needs and interests. These modules and pathways reflect the full range of academic expertise and active research interests of members of staff within the School of Economics.

In the second-semester students can opt-in one of four pathways:

1. Econometrics and Big Data
2. International Economics
3. Macroeconomics and Financial Markets
4. Policy Evaluation and Data Analysis.

Or stay the course and choose among modules such as Topics in Development Economics, Financial Econometrics, and Environmental and Energy Resource Economics.

Professional Recognition

MSc - Chartered Institute of Management Accountants (CIMA)

Accredited by the Chartered Institute of Management Accountants (CIMA) for the purpose of exemption from some professional examinations through the Accredited degree accelerated route.

Modules

Modules listed are indicative, reflecting the information available at the time of publication. Please note that modules may be subject to teaching availability, student demand, and/or class size caps.

The University operates a credit framework for all taught programs based on a 15-credit tariff. Modules can be either 15, 30, 45, or 60 credits, and additionally for some masters dissertations, 90 credits.

Year 1

Full Time

• Research Methods
• Econometrics 1
• Energy Economics and Technology
• Human Resource Economics
• International Trade
• Macroeconomics
• Microeconomics
• Advanced Macroeconomics
• Advanced Microeconomics
• Econometrics 2
• Economics of International Oil and Gas
• Economics of the Firm
• Empirical Methods in Energy Economics
• Financial Econometrics
• International Finance and Developing Economies
• Theory of Finance
• Topics in Development Economics

Optional modules for Year 1 (full-time) - FHEQ Level 7 Choose two

Part-Time

• Advanced Quantitative Methods in Economics
• Microeconomics
• Advanced Microeconomics
• Energy Economics and Technology
• Environmental and Energy Resource Economics
• Financial Econometrics
• Firms and Markets
• International Finance
• Theory and Applications in Finance

Optional modules for Year 1 (part-time) - FHEQ Level 7

Choose one optional module in semester 2

Year 2

Part-Time

• Econometrics 1
• Macroeconomics
• Advanced Macroeconomics
• Econometrics 2
• Research Methods

Timetable

Course timetables are normally available one month before the start of the semester.

New students will receive their personalized timetable in Welcome Week, and in subsequent semesters, two weeks prior to the start of the semester.

Please note that while we make every effort to ensure that timetables are as student-friendly as possible, scheduled teaching can take place on any day of the week (Monday – Friday). Wednesday afternoons are normally reserved for sports and cultural activities. Part-time classes are normally scheduled on one or two days per week, details of which can be obtained from the Academic Hive.

We offer career information, advice, and guidance to all students whilst studying with us, which is extended to our alumni for three years after leaving the University.

Some of our masters graduates have recently embarked on careers in roles such as:

• Economists
• Analysts (finance, business, data, trade, investment, and sales)
• Audit managers
• Consultants
• Economic advisors
• Regulatory advisors.

Others have gone on to study towards PhDs at Surrey and in other top schools in the UK.