MSc Behavioural and Experimental Economics

1 Year On Campus Masters Program

Newcastle University

Program Overview

 

Newcastle’s Behavioural and Experimental Economics MSc is designed for students who want to deepen their understanding of economic theory while developing the analytical and quantitative skills needed to tackle real-world challenges. It suits graduates from economics or related disciplines who are aiming for careers in consultancy, finance, government, or research.


Curriculum Structure

Semester 1: Core Economic Foundations and Quantitative Tools
Students begin with Microeconomic Analysis, Macroeconomic Analysis, and Econometrics, gaining a rigorous foundation in economic theory and empirical methods. These modules build the skills to interpret market behaviour, policy impacts, and economic performance using advanced statistical software.

Semester 2: Applied Economics and Specialist Options
In the second semester, students explore Applied Econometrics and choose from optional modules such as International Money and Finance, Labour Economics, and Public Policy. This allows students to tailor their learning to areas like global finance, employment trends, or government intervention.

Summer Term: Dissertation and Independent Research
Students complete a supervised Economics Dissertation, applying theoretical and empirical tools to a topic of their choice. This is an opportunity to investigate issues such as monetary policy, inequality, or trade using real-world data and econometric techniques.


Focus areas

Microeconomics, macroeconomics, econometrics, international finance, public policy

Learning outcomes

Students graduate with the ability to analyse economic systems, evaluate policy decisions, and apply quantitative methods to solve complex problems

Professional alignment (accreditation)

Delivered by the Newcastle University Business School, which is triple-accredited by AACSB, AMBA, and EQUIS — a mark of global excellence in business education

Reputation (employability rankings)

Newcastle University is ranked in the top 140 globally for graduate employability (QS Graduate Employability Rankings 2022) and is a member of the prestigious Russell Group

 

Experiential Learning (Research, Projects, Internships etc.)

 

Students in Newcastle’s Behavioural and Experimental Economics MSc program gain practical experience in economic modelling, data analysis, and policy evaluation using industry-standard tools and real-world datasets. The course is designed to build technical fluency and applied insight, supported by specialist software, collaborative projects, and access to research-active faculty within a triple-accredited business school.

Here’s how the program brings economics into practice:

  • Training in Stata and R, embedded in modules like Econometrics and Applied Econometrics, for advanced statistical modelling and empirical analysis
  • Group-based coursework and presentations that simulate professional roles in consultancy, finance, and policy advisory
  • Access to the Frederick Douglass Centre and Newcastle University Library, offering Bloomberg terminals, quiet study zones, and extensive digital databases including JSTOR and ScienceDirect
  • Supervised Economics Dissertation, where students apply quantitative tools to topics such as monetary policy, inequality, or trade using real-world datasets
  • Delivered by the Newcastle University Business School, which holds triple accreditation (AACSB, AMBA, EQUIS), ensuring global standards in teaching and facilities
  • Opportunities to engage with the Centre for Knowledge, Innovation, Technology and Enterprise (KITE), connecting students with interdisciplinary research and policy networks

 

Progression & Future Opportunities

 

Graduates from Newcastle’s Behavioural and Experimental Economics MSc program are equipped with the analytical, quantitative, and policy-focused skills that employers value across sectors. Common career paths include economic consultant, financial analyst, policy advisor, and research economist. Thanks to the program’s applied training and business school backing, students transition smoothly into high-impact roles in government, finance, consultancy, and international organisations.

Here’s how Newcastle supports your career journey:

  • The Careers Service offers tailored postgraduate support, including CV clinics, mock interviews, employer events, and access to the MyCareer portal for job listings and internships
  • Newcastle University ranks in the top 20 in the UK for graduate prospects (Complete University Guide 2024), with Business School graduates earning an average salary of £30,000+ within six months of graduation
  • Delivered by the Newcastle University Business School, which holds triple accreditation (AACSB, AMBA, EQUIS), ensuring global recognition and employer trust
  • Students benefit from partnerships with organisations such as HM Treasury, Bank of England, and Centre for Knowledge, Innovation, Technology and Enterprise (KITE), offering exposure to policy and research networks
  • Graduates have progressed to roles in central banks, government departments, consultancy firms, and PhD programs at top institutions

Further Academic Progression:
This MSc provides a strong foundation for doctoral study in economics, finance, or public policy. Newcastle offers PhD opportunities through its Business School and research centres like KITE, and graduates are well-prepared for funded research programs across the UK and internationally.

 

Program Key Stats

£28,900 (Annual cost)
£13,450



Eligibility Criteria

4 Years

N/A
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6.5
90
2:1
1220
29

Additional Information & Requirements

Career Options

  • Economists
  • data scientists
  • statisticians
  • market researchers
  • policy analysts
  • consultants

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