MSc Applied Economics

1 Year On Campus Masters Program

Manchester Metropolitan University

Program Overview

 

This MSc equips you with the analytical tools and policy insight to tackle real-world challenges — from economic inequality to climate change and healthcare funding. It’s ideal for graduates from economics or related fields, as well as professionals in civil service or policy roles, who want to deepen their skills in applied economic analysis and public decision-making.


Curriculum Structure

Year 1 (Full-Time)
You’ll start by building a strong foundation in economic theory and quantitative methods. Macroeconomic Policy covers growth, labour markets, inflation, and trade, while Microeconomic Analysis explores consumer behaviour, firm strategy, and welfare economics through real-world case studies. In Applied Economic Analysis, you’ll gain hands-on experience with tools like investment appraisal, cost-benefit analysis, forecasting, and survey design — often working on live briefs from external organisations.

As the year progresses, you’ll apply your skills to policy evaluation and statistical modelling. Policy Evaluation teaches you to assess interventions using advanced statistical tools, while Public Policy Analysis focuses on taxation, health, education, and local development. You’ll also choose from optional modules such as Advanced Finance or Political Economy of Climate Crisis, allowing you to tailor your learning to your career goals.

The course concludes with a substantial Research Project on a policy issue you care about. You’ll use a “what works” approach to evaluate real-world impact, often in collaboration with external partners introduced during the Applied Economic Analysis module.


Focus Areas

Macroeconomic policy, microeconomic analysis, public policy, statistical modelling, applied economic tools, finance, climate economics.


Learning Outcomes

Analyse and evaluate economic policies using advanced tools, apply economic theory to real-world challenges, and make evidence-based recommendations in diverse policy contexts.


Professional Alignment (Accreditation)

Delivered by Manchester Met’s Business School, which holds EQUIS and AACSB accreditations — placing it among the world’s top business schools. The program is also supported by the university’s Applied Economics Knowledge Platform, linking students to high-impact research and external organisations.


Reputation (Employability Rankings)

  • 93.7% of UK-domiciled, full-time, postgraduate taught graduates are employed or in further study within 15 months.
  • Manchester Met is known for its strong industry links and research partnerships with public, private, and voluntary sector bodies.
  • The university’s BSIS accreditation highlights its economic impact on the Greater Manchester region, especially in areas like devolution, housing, and health innovation.

 

Experiential Learning (Research, Projects, Internships etc.)

 

Practical application is at the heart of this program. From day one, you’ll work with real-world data, policy challenges, and industry-standard software to develop the skills employers value most. Whether you're analysing macroeconomic indicators, evaluating public policy, or collaborating with external organisations, you’ll graduate with the confidence and experience to make an impact.

Here’s how you’ll put theory into action:

  • Specialist Software Training: Learn to use advanced statistical tools like Stata for data analysis, forecasting, and policy evaluation.
  • Applied Economic Analysis Module: Tackle live briefs from external organisations, applying tools like cost-benefit analysis, investment appraisal, and survey design.
  • Policy Evaluation Projects: Use statistical modelling to assess real-world interventions in areas like health, education, and taxation.
  • Research Project with External Partners: Choose a dissertation topic with practical relevance, often developed in collaboration with organisations introduced during your coursework.
  • Rise Programme: Access additional certifications including carbon literacy, Microsoft, and Adobe — all designed to boost your employability.
  • Manchester Met Business School Facilities: Study in modern seminar rooms, collaborative spaces, and digital labs within an EQUIS- and AACSB-accredited institution.
  • Boots Library & Online Resources: Access extensive digital databases, journals, and quiet study zones tailored for postgraduate research.
  • Applied Economics Knowledge Platform: Connect with high-impact research and policy networks across Greater Manchester and beyond.

 

Progression & Future Opportunities

 

Graduates from this program go on to shape policy, advise governments, and work in high-impact roles across the public, private, and voluntary sectors. Typical job titles include Economic Analyst, Policy Advisor, Financial Consultant, and Research Officer. You’ll be equipped with the tools to make evidence-based decisions in complex environments — and here’s how Manchester Met helps you get there:

  • Rise Employability Programme: Offers additional certifications in carbon literacy, Microsoft, and Adobe, plus access to internships, volunteering, and industry projects.
  • Applied Economics Knowledge Platform: Connects students to external organisations and research networks across Greater Manchester, including work on devolution, housing, and health innovation.
  • Employment Outcomes: 93.7% of UK-domiciled, full-time, postgraduate taught graduates are employed or in further study within 15 months.
  • Business School Accreditations: EQUIS and AACSB-accredited — placing Manchester Met among the world’s top business schools.
  • Live Briefs and External Collaboration: Modules like Applied Economic Analysis and the Research Project involve real-world challenges from external partners, enhancing your professional portfolio.

Further Academic Progression:
This MSc is an excellent foundation for doctoral study. You’ll be well-prepared to pursue a PhD in Economics, Public Policy, or related fields, especially if you choose a research-focused dissertation. The university’s research-active faculty and strong policy networks offer valuable support for continuing your academic journey.

 

Program Key Stats

£22,500 (Annual cost)
£11,600
£ 70
Sept Intake : 30th Jun


Eligibility Criteria

4 Years

N/A
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6.5
89
2:2
NA

Additional Information & Requirements

Career Options

  • Behavioral Economics Researcher
  • Behavioral Economics Consultant
  • Behavioral Economics Professor
  • Consumer science officer

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