MSc Applied Economics

Apply theory and analysis methods to the problems and policy issues facing economists all over the world.

Led by experts from the 澳门六合彩开奖记录’s Department of Economics, this master’s degree focuses on the application of economics to contemporary problems and policy, with a multicultural and global outlook.

Designed by academics who have worked as professional economists in the UK Government Economic Service and the World Bank, this programme combines theoretical, methodological, and practical issues, based on rigorous training in core areas of the discipline.

This degree will equip you with the tools required to work in government, international organisations, or business, or as preparation for further research in economics.

Enhance your employability skills, build connections and gain hands-on experience through our Capstone Project module where you work in a team with other students on a project for an external organisation. It is an excellent opportunity for you to work on a real-world policy problem and be supervised by an academic. You will benefit from an independent analysis of an existing, or prospective, initiative, policy or area of concern.

This course will develop your research skills by giving you the opportunity to produce a significant, in-depth applied analysis of a contemporary topic in economics through our Applied Economics Project module.

Choose economics at the 澳门六合彩开奖记录

Learn from a department that has over 50 years of experience.
100% of our research impact has been classed ‘outstanding’ or ‘very considerable’ (REF 2021, combining 4* and 3* submissions – Business and Management Studies, and Anthropology and Development Studies).
The 澳门六合彩开奖记录 is ranked 10th in the UK in Business and Economics subjects (Times Higher Education World University Rankings by Subject 2024, United Kingdom providers only).
Ranked among the top 200 universities in the world for Economics (QS World University Rankings by Subject 2024).

Study in a research-intensive department with a strong applied focus

This programme strongly aligns with the research and teaching expertise of the Department of Economics: applied and policy-focused topics that aim to improve the quality of life in the UK and around the world.

Our academics work to address current socio-political issues, such as ethnicity and inequality in the job market and the gender pay gap, as well as policy problems in a variety of areas, including:

Energy and climate change
Global development
Behavioural and psychological economics
Forecasting
Monetary policy
Pports economics and management

Our staff are involved in research that informs the policy decisions of governments, major multinational organisations, and international agencies, such as the United Nations (UN) and the International Monetary Fund (IMF). This wealth of experience will enhance your learning, providing relevant training in applied economics and boosting your employability.

Build connections with industry

We are one of the few universities to offer an optional Capstone Project module, designed to give you hands-on and real-world experience within your studies. Working in small groups and overseen by a faculty member, you will contribute to your degree by completing a project on behalf of an external organisation. This could include:

Business companies
Government agencies
Not-for-profits
Non-governmental organisations (NGOs).

Our Capstone Project module gives you an opportunity to develop new skills and competencies including:

Developing your ability to work in a team
Deliver successful planning and policy project implementation
Strengthen report writing skills
Enhance your ability to analyse policy by contributing to the drawing of policy recommendations, gathering data, designing analytical frameworks, developing methodology, and reviewing policy literature

Past projects have included:

Impact assessment of policy and business options
Cost benefit analysis
A review of the dynamics of central Reading, focusing on its rapidly changing economy and demography
Advice to a local economic partnership on how to develop a strategy in response to the UK government’s new Industrial Strategy White Paper.

Equip yourself with the tools of a professional economist

You will be introduced to core topics and methods in the analysis of economic data, while also developing data handling skills using statistical software like Stata and, depending on your optional modules, ‘R’ and learning to critically evaluate policies aimed at addressing socio-economic problems.

Our dedicated Applied Behavioural Economics module will teach you how to apply insights from psychology to a range of modern policy issues. You will use practical tools needed to design experimental studies, programme interactive games, and work with statistical and econometric software.

Develop as a researcher and practitioner

You will also be supported to become an active researcher with a formidable skillset. You will complete an Applied Economics Project to address a particular economic problem, with data, supervision, and support from an experienced applied economics researcher.

Additionally, you will be offered research-ready datasets and topics to work on, designed by supervisors who either created those datasets or have significant knowledge of them.

Overview

Apply theory and analysis methods to the problems and policy issues facing economists all over the world.

This degree will equip you with the tools required to work in government, international organisations, or business, or as preparation for further research in economics.

Choose economics at the 澳门六合彩开奖记录

Learn from a department that has over 50 years of experience.
100% of our research impact has been classed ‘outstanding’ or ‘very considerable’ (REF 2021, combining 4* and 3* submissions – Business and Management Studies, and Anthropology and Development Studies).
The 澳门六合彩开奖记录 is ranked 10th in the UK in Business and Economics subjects (Times Higher Education World University Rankings by Subject 2024, United Kingdom providers only).
Ranked among the top 200 universities in the world for Economics (QS World University Rankings by Subject 2024).

Learning

Study in a research-intensive department with a strong applied focus

Our academics work to address current socio-political issues, such as ethnicity and inequality in the job market and the gender pay gap, as well as policy problems in a variety of areas, including:

Energy and climate change
Global development
Behavioural and psychological economics
Forecasting
Monetary policy
Pports economics and management

Build connections with industry

Business companies
Government agencies
Not-for-profits
Non-governmental organisations (NGOs).

Our Capstone Project module gives you an opportunity to develop new skills and competencies including:

Developing your ability to work in a team
Deliver successful planning and policy project implementation
Strengthen report writing skills
Enhance your ability to analyse policy by contributing to the drawing of policy recommendations, gathering data, designing analytical frameworks, developing methodology, and reviewing policy literature

Past projects have included:

Impact assessment of policy and business options
Cost benefit analysis
A review of the dynamics of central Reading, focusing on its rapidly changing economy and demography
Advice to a local economic partnership on how to develop a strategy in response to the UK government’s new Industrial Strategy White Paper.

Equip yourself with the tools of a professional economist

Develop as a researcher and practitioner

Additionally, you will be offered research-ready datasets and topics to work on, designed by supervisors who either created those datasets or have significant knowledge of them.

Entry requirements

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Entry requirements: Normally a good undergraduate honours degree (2:2 or above) in a numerate, quantitative or business related discipline.

To apply for this course, you must have an undergraduate degree in a numerate, quantitative or business-related discipline such as economics, business administration, finance, accounting, international trade, banking, financial management, public finance, mathematics, computer science, data science, geography.

Applications are also welcome from candidates with strong career experience in a relevant field.

IELTS: 6.5 overall with no element less than 5.5 (or equivalent)

Pre-sessional English language Programme

Our Pre-sessional English Programme is for international students who need to meet their degree programme English language requirements.

Our courses equip you with the skills and language needed for academic success, including critical thinking, self-reflection, learner autonomy, research skills and integrating sources. The Pre-sessional English Programme is accredited by the global association of Lecturers in English for Academic Purposes, which guarantees you will receive a high-quality student experience.

To find out more, visit Pre-sessional English.

Structure

Modules

Compulsory modules

Applied Economic Project

Apply the concepts and methods that you’ve mastered to produce in-depth, applied analysis. Your project will investigate an economic problem or evaluate an intervention to address an economic problem.

Microeconomic Policy

Develop an understanding of the main microeconomic theories and models used to analyse individual and firm behaviour. You’ll combine analysis and examples of applications to a range of policy and decision-making issues.

Macroeconomic Policy

Gain an understanding of the core macroeconomic concepts of growth, inflation, and unemployment, along with how fiscal and monetary policy at national and international levels influence these concepts.

Economic Data Analysis

Gain an understanding of the main methods used in economic data analysis and their applications to cross-sectional data. You’ll apply the core methods used in empirical research in economics to gain practical experience.

Applied Behavioural Economics

Applying psychology to a range of economic problems, you’ll develop an understanding of how psychological motives are expressed in economic models, how predictions can be tested, and their implications for policy and organisational design.

Economic Appraisal and Evaluation Methods

Focus on the key economic methods in appraisal and evaluation, with topics relating to efficiency and equity/distributional concerns. You’ll consider methods and applications across various sectors of developed and developing countries.

Optional modules

Introduction to Econometric Analysis

Establish a general understanding of econometrics, with an emphasis on the interpretation of basic linear regression results and their relevance in economic analysis.

Econometrics II

Learn advanced econometric methods in time series and panel data and empirical applications of those in macroeconomics and finance. You’ll also develop software skills with an introduction to R in computer workshops.

Topics in Business Economics

You’ll conduct analysis of corporate decision-making such as price setting, output setting, mergers, and anti-competitive behaviour. You’ll also consider the role of market competition and the imperatives for government intervention.

The Economics of Financial Markets

Discover the fundamentals of financial markets and institutions, including how consumers and producers make decisions in a perfect capital market under certainty, the theory of choice under risk, and how asset prices are determined.

Development Economics

Understand the economics of developing countries by examining the microeconomic and macroeconomic issues of development. You’ll review research in different facets of development economics that use a wide range of research methods.

Economics of Social Policy

Study topics that reflect important and contemporary socio-economic policy issues and consider how economic analysis contributes to the solution of domestic and international social problems.

Capstone Project

Complete a project in a group on behalf of an external organisation, providing them with independent analysis and benefiting you with hands-on experience. An academic supervisor will provide your team with guidance throughout the project.

These are the modules that we currently offer for 2024/25 entry. They may be subject to change as we regularly review our module offerings to ensure they’re informed by the latest research and teaching methods.

Please note that the University cannot guarantee that all optional modules will be available to all students who may wish to take them.

You can also register your details with us to receive information about your course of interest and study and life at the 澳门六合彩开奖记录.

Fees

New UK/Republic of Ireland students: £11,750

New international students: £25,850

Tuition fee information

The fees listed are for full-time study, unless otherwise stated. Fee information will be confirmed in offer letters sent out to successful applicants. You can find further information, including information for part-time study, through our dedicated fees and funding page.

EU student fees

With effect from 1 August 2021, new EU students will pay international tuition fees. For exceptions, please read the UK government’s guidance for EU students.

Additional costs

Some courses will require additional payments for field trips and extra resources. You will also need to budget for your accommodation and living costs. See our information on living costs for more details.

Financial support for your studies

You may be eligible for a scholarship or bursary to help pay for your study. Students from the UK may also be eligible for a student loan to help cover these costs. See our fees and funding information for more information on what is available.

Careers

Our MSc Applied Economics course is designed to help you develop a variety of transferable skills, such as:

research
critical analysis
fundamental theories of economics
quantitative research techniques and applications
use of relevant software
evaluating economic interventions
an array of approaches to solving applied economic problems
written and verbal communication skills
independence in formulating and developing research ideas
collaboration skills.

While these broad-ranging skills are particularly relevant to economist roles in government, the commercial sector, and NGOs (non-governmental organisations), they are also applicable to graduate roles in other sectors:

banking
investment and insurance
accountancy and financial services
business management
consultancy
public administration.

澳门六合彩开奖记录