MSc Applied Economics with Environmental Policy

1 Year On Campus Masters Program

University of Bath

Program Overview

 

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

 

Experiential Learning (Research, Projects, Internships etc.)

 

Students in Bath’s MSc Applied Economics program develop practical expertise through hands-on econometric modelling, policy analysis, and independent research. The course is designed to immerse students in real-world data, collaborative projects, and digital tools, all supported by specialist facilities and active engagement with policy and industry.

Here’s how the program brings economics into practice:

  • Training in Stata and R, integrated into modules like Econometrics and Applied Policy Analysis, for advanced data analysis and policy evaluation
  • Group-based coursework and presentations that simulate professional roles in consultancy, development, and policy advisory
  • Access to the University of Bath Library, including Bloomberg terminals and digital databases such as JSTOR, ScienceDirect, and OECD iLibrary
  • Use of the Virgil Building, a dedicated postgraduate hub offering quiet study zones, group rooms, and career development support
  • Supervised Applied Economics Dissertation, where students apply quantitative tools to topics such as inequality, labour markets, or trade policy using real-world datasets
  • Engagement with the Institute for Policy Research (IPR) and departmental seminars, connecting students with researchers and practitioners in economics and public policy

 

Progression & Future Opportunities

 

Graduates from Bath’s MSc Applied Economics are highly sought after for roles that demand analytical precision, policy insight, and data fluency. Typical career paths include economic consultant, policy analyst, data analyst, and research economist. Thanks to the program’s applied focus and quantitative depth, Bath graduates are well-positioned across government, finance, consultancy, and development sectors.

Here’s how Bath supports your career journey:

  • The Careers Service offers tailored postgraduate support, including one-to-one coaching, employer networking events, and access to the Bath Connection alumni mentoring platform
  • According to the Graduate Outcomes Survey, 93% of Bath postgraduates are in professional work or further study within 15 months of graduation
  • The Department of Economics collaborates with the Institute for Policy Research (IPR) and external partners, offering exposure to real-world policy projects and guest lectures from industry experts
  • The program’s alignment with professional standards in policy evaluation and economic consultancy ensures long-term career value
  • Graduates have progressed to roles in government departments, think tanks, international organisations, and PhD programs at top institutions

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.

 

Program Key Stats

£17700 (Annual cost)
£ 60
Intake : 6th Aug


60 %

Eligibility Criteria

3 Year

N/A
N/A
N/A
N/A
6.5
90
2:2
1220
26

Additional Information & Requirements

Career Options

  • Economic Development Officer
  • Industrial Economist
  • Economist
  • Import and Export Advisor
  • Financial Analyst
  • Market analyst
  • Information Officer

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