Course summary
Economics is more relevant than ever to understand contemporary events in the global economy and provide the tools and techniques for business and governments to address the issues they face. Reflecting the needs of both private and public sector employers, our highly practical MSc prepares you to assess business problems, interpret public policy and effectively communicate the insights that economic analysis can provide. Aimed at those with a genuine interest in the application of economics to real-world situations, this course aims to provide you with an in-depth knowledge of the latest theories, practices and key concepts in economics that underpin public sector policy and business decision making. This includes the various scenarios where we explore strategic interaction, market failure and macroeconomic objectives. The focus is very much on developing the practical skills needed by a working economist – the ability to apply economic techniques to complex problems and provide specialist advice. You will gain hands-on experience of the industry-standard computing and econometrics software used to analyse and manipulate data. You will be taught by staff who share their experience working and consulting for government departments such as Department for Transport, local authorities and supranational organisations such as the OECD. There is an increasing demand worldwide for economic analysis in local and central government, non-governmental organisations, charities, in areas such as international development, urban and regional development policy, education or research. Past graduates have become Fast Stream economists in the UK Government Economic Service, HM Treasury, others have gained employment as economists in charities and the private sector.
Entry requirements
A minimum of a lower second class honours degree (2:2). Relevant degree, which would be single Honours or a major in Economics, or a quantitative discipline with a minor in Economics, or a more general first degree (minimum Upper Second Class Honours or equivalent) with significant study of economics and quantitative methods. Exceptionally, non-graduates with extensive work experience in the economics or closely-related profession may also be considered. If your first language is not English you should have an IELTS 6.5 with at least 6.5 in writing and no element below 6.0. Applicants are required to submit one reference.
Fees and funding
Tuition fees
No fee information has been provided for this course
Tuition fee status depends on a number of criteria and varies according to where in the UK you will study. For further guidance on the criteria for home or overseas tuition fees, please refer to the UKCISA website .
Additional fee information
Sponsorship information
Please visit our website to read about funding options: https://www.westminster.ac.uk/study/fees-and-funding/funding/postgraduate-student-funding If you are an international applicant, please visit this page to see scholarships available: https://www.westminster.ac.uk/study/fees-and-funding/funding/international-student-funding
Provider information
University of Westminster, London
32-38 Wells Street
London
W1T 3UW