MA Economics

1 Year On Campus Masters Program

University of Essex

Program Overview

The MA Economics at the University of Essex is designed for students who want to build a strong foundation in economic theory and quantitative methods, especially if their undergraduate background isn’t in economics. It suits aspiring analysts, consultants, and policy professionals who want to understand how markets, governments, and institutions shape economic outcomes.

Curriculum Structure

Autumn Term
You’ll begin with core modules that introduce the fundamentals of economic analysis. Introductory Microeconomics explores how individuals and firms make decisions under different market conditions, while Introductory Macroeconomics covers national income accounting, fiscal and monetary policy, and the trade-off between inflation and unemployment. You’ll also study Introductory Econometrics, which equips you with statistical tools to analyse economic data using techniques like linear regression and hypothesis testing.

Spring Term
Building on the foundations, you’ll choose from advanced modules such as International Trade and Financial Economics, Management Economics and Market Analysis, and Public Choice. These modules allow you to explore global trade dynamics, firm strategy, and the role of government in economic decision-making. You’ll also continue developing your quantitative skills through coursework and lab sessions.

Summer Term
You’ll undertake a supervised research project or dissertation, applying your analytical skills to a specific economic issue. This is your opportunity to produce original work, drawing on the methods and insights gained throughout the course.

Focus areas: Microeconomics, macroeconomics, econometrics, international trade, market analysis, public policy
Learning outcomes: Economic reasoning, quantitative analysis, policy evaluation, independent research
Professional alignment (accreditation): Delivered by Essex’s Department of Economics, ranked 4th in the UK for research power in economics and econometrics (REF 2021)
Reputation (employability rankings): Top 25 in the UK for economics and econometrics (QS World University Rankings 2024); 7th in the UK for economics (The Guardian University Guide 2025)

Experiential Learning (Research, Projects, Internships etc.)

The MA Economics at the University of Essex is designed to give you hands-on experience with real data, economic modelling, and policy analysis. You’ll work with industry-standard software, collaborate on applied projects, and benefit from Essex’s research-active faculty and dedicated economics facilities. Whether you're exploring trade policy or evaluating market structures, the program ensures you graduate with practical skills that employers value.

Here’s how experiential learning is embedded in the program:

Econometrics Training: The Introductory Econometrics module teaches you how to use statistical software to analyse economic data, including regression modelling and hypothesis testing.
Data Analysis Tools: Students have access to platforms like STATA and R, widely used in economic research and consultancy.
Group-Based Coursework: Modules such as Management Economics and Market Analysis include collaborative assignments that simulate real-world decision-making.
Essex Economics Lab: A dedicated space for postgraduate students to work on data projects, modelling exercises, and dissertation research.
Albert Sloman Library: Offers extensive economics resources including access to JSTOR, EconLit, and government datasets.
Department of Economics Seminars: Weekly events feature guest speakers from academia, policy institutions, and industry, giving students exposure to current debates and networking opportunities.

Progression & Future Opportunities

Graduates of Essex’s MA Economics are equipped with the analytical and quantitative skills needed to thrive in both public and private sectors. Many go on to work in economic consultancy, financial services, government policy, and international organisations. Typical job roles include: economic analyst, policy advisor, financial consultant, and data strategist.

Here’s how Essex supports your career journey:

Essex Careers Services: Offers lifetime support including personalised career coaching, employer networking events, and access to exclusive job boards. Economics students also benefit from departmental career workshops and alumni panels.
Employment Outcomes: Essex ranks 4th in the UK for research power in economics and econometrics (REF 2021), and its graduates are highly sought after for their strong quantitative and policy skills.
Industry Connections: The Department of Economics hosts regular seminars with speakers from the Bank of England, HM Treasury, and leading consultancies, giving students exposure to current industry practice.
Long-Term Value: The MA is delivered by a globally recognised economics department, ensuring your qualification holds weight across sectors and borders.
Graduate Outcomes: Students leave with a solid foundation in economic theory, econometrics, and applied policy analysis—skills that translate into strong employability and career flexibility.

Further Academic Progression:
Graduates can continue their studies through Essex’s PhD in Economics, which offers advanced training in microeconomics, macroeconomics, and econometrics. The MA also provides a strong foundation for doctoral study at other leading institutions or interdisciplinary research in development, finance, or public policy.