MSc Economics

1 Year On Campus Masters Program

University of Warwick

Program Overview

This rigorous MSc offers advanced training in microeconomics, macroeconomics, and econometrics, preparing students for careers in policy, finance, and international organisations. It’s ideal for students with a strong quantitative background who want to deepen their economic expertise and pursue high-level analytical roles.

Curriculum Structure

Term 1 (Autumn)
Students begin with core theoretical foundations. You’ll study Microeconomics A, which covers consumer and producer theory, and Macroeconomics A, focusing on dynamic models and economic growth. Econometrics A introduces statistical techniques for analysing economic data, using tools like Stata and R.

Term 2 (Spring)
The second term builds on core knowledge with advanced applications. Microeconomics B and Macroeconomics B explore game theory, monetary policy, and open economy models. Econometrics B focuses on time series analysis and causal inference. Students also choose optional modules such as International Trade, Development Economics, or Behavioural Economics to tailor their learning.

Term 3 (Summer)
Students complete a dissertation or research project, applying economic theory and quantitative methods to a topic of their choice. This capstone experience is supported by faculty supervision and may involve policy evaluation, empirical analysis, or theoretical modelling.

Focus areas

Microeconomics, macroeconomics, econometrics, international trade, development economics, behavioural economics

Learning outcomes

Students will apply advanced economic theory, conduct empirical research, and evaluate policy using quantitative tools.

Professional alignment (accreditation)

Delivered by Warwick’s Department of Economics, the program is not professionally accredited but is highly respected by employers in finance, policy, and international development.

Reputation (employability rankings)

Warwick ranks in the UK top 10 for Economics (Guardian University Guide 2025) and is consistently recognised for graduate employability and research excellence.

Experiential Learning (Research, Projects, Internships etc.)

This program is designed for students who want to apply advanced economic theory to real-world challenges. From econometric modelling to independent research, students gain practical skills in data analysis, policy evaluation, and economic forecasting. Warwick’s facilities and academic culture support hands-on learning through research-led teaching and collaborative projects.

Here’s how the program supports experiential learning throughout the year:

Dissertation or Research Project: Students complete an independent research dissertation, applying economic theory and quantitative methods to a topic of their choice, supported by expert faculty supervision
Software Training: Students use Stata, R, and Python for econometric analysis, forecasting, and data visualisation
Group Projects: Modules such as International Trade and Development Economics include collaborative work on policy analysis and global economic challenges
Econometrics Modules: Econometrics A & B provide hands-on training in regression analysis, time series modelling, and causal inference using real-world datasets
Digital Learning Tools: All students use Moodle for accessing course materials, submitting assignments, and engaging in online discussions
Library Resources: Warwick’s Main Library and Economics Research Collection offer access to specialised journals, working papers, and databases such as JSTOR, RePEc, and OECD iLibrary
Warwick Economics Research Institute: Opportunities to engage with faculty-led research centres focusing on macroeconomics, development, and applied policy
Career Services: Warwick’s Student Opportunity team provides tailored career support including employer panels, internship listings, and guidance for roles in finance, consulting, and policy

Progression & Future Opportunities

Graduates of this program are equipped to work in finance, policy, consulting, and international organisations. Typical roles include Economic Analyst, Policy Advisor, Financial Economist, and Consultant. The program’s quantitative depth and research-led teaching make it highly attractive to employers across sectors.

Here’s how Warwick supports your future beyond the classroom:

Career Services: Warwick’s Student Opportunity team offers tailored career support including employer panels, internship listings, and guidance for roles in economics, finance, and policy
Graduate Outcomes: 92% of Warwick postgraduates are in work or further study within 15 months (Graduate Outcomes Survey)
Salary Figures: Economics graduates from Warwick report strong starting salaries, often exceeding £40,000 depending on sector and role
Industry Partnerships: The program benefits from Warwick’s links with organisations such as Bank of England, HM Treasury, OECD, and World Bank, offering students exposure to policy and economic research environments
Long-Term Value: Warwick’s reputation in economics offers long-term credibility for career advancement in government, finance, and international development
Alumni Network: Graduates join a global network of professionals working in economic strategy, financial analysis, and policy innovation

Further Academic Progression:
Graduates of the MSc Economics are well-prepared for PhD programs in economics or related fields at Warwick and other top institutions. The program’s emphasis on microeconomic theory, macroeconomic modelling, and econometrics provides a strong foundation for doctoral research and academic careers.