Bath’s MSc Applied Economics is designed for students who want to deepen their understanding of economic theory while mastering the tools to solve real-world policy and business challenges. It suits graduates in economics or related disciplines who are aiming for careers in consultancy, government, development, or research.
Curriculum Structure
Semester 1: Core Economic and Quantitative Foundations
Students begin with Microeconomics, Macroeconomics, and Econometrics, gaining a solid grounding in economic theory, modelling, and statistical analysis. These modules develop the analytical skills needed to understand market behaviour, macroeconomic trends, and empirical research using tools like Stata and R.
Semester 2: Applied and Specialist Training
In the second semester, students choose from optional units such as Applied Policy Analysis, Development Economics, Industrial Organisation, and International Economics. These modules allow students to tailor their learning to specific interests, whether in global development, competition policy, or international trade.
Summer Term: Independent Research Project
Students complete a supervised Applied Economics Dissertation, applying theoretical and empirical tools to a topic of their choice. This is an opportunity to explore areas such as inequality, labour markets, or trade policy using real-world data and econometric methods.
Focus areas
Microeconomics, macroeconomics, econometrics, policy analysis, development economics
Learning outcomes
Students graduate with the ability to apply economic theory, conduct empirical research, and evaluate policy and business decisions using quantitative tools
Professional alignment (accreditation)
Delivered by the Department of Economics, the program aligns with professional standards in consultancy, policy analysis, and economic research
Reputation (employability rankings)
The University of Bath ranks 6th for Economics in the UK (Guardian University Guide 2024) and is consistently recognised for graduate employability and industry engagement
Students in Bath’s MSc Applied Economics program build practical expertise through hands-on econometric modelling, policy evaluation, and independent research. The course integrates real-world data, digital tools, and collaborative learning, supported by specialist facilities and active engagement with policy and industry.
Here’s how the program brings economics into practice:
Graduates from Bath’s MSc Applied Economics are well-equipped for roles that demand analytical precision, policy insight, and data fluency. Common career paths include economic consultant, policy analyst, data analyst, and research economist. The program’s applied focus and quantitative depth make Bath graduates highly competitive across government, finance, consultancy, and development sectors.
Here’s how Bath supports your career journey:
Further Academic Progression:
This MSc provides a strong foundation for doctoral study in economics, public policy, or development. Bath offers PhD opportunities through its Department of Economics and the Institute for Policy Research, and graduates are well-prepared for funded research programs across the UK and internationally.
Embark on your educational journey with confidence! Our team of admission experts is here to guide you through the process. Book a free session now to receive personalized advice, assistance with applications, and insights into your dream school. Whether you're applying to college, graduate school, or specialized programs, we're here to help you succeed.