MSc in Economics

This program is designed to help students apply economic theory and quantitative methods to real-world problems using advanced tools and collaborative learning. From econometric modelling to independent research, students work with specialist software and datasets in a research-intensive environment. The Department of Economics and Related Studies — one of the largest in the UK — provides access to cutting-edge facilities, digital platforms, and expert-led workshops that mirror professional practice.

Here’s how students gain practical experience throughout the year:

• Econometric Software Training: Students use tools such as Stata, R, and EViews to analyse economic data, run regressions, and evaluate policy outcomes.
• Applied Modules: Courses like Development Economics, Public Finance, and International Macroeconomics include practical assignments using real-world datasets.
• Independent Dissertation: A supervised research project using theoretical and empirical methods to investigate a topic of the student’s choice.
• Access to York’s Library and Digital Resources: Includes databases like JSTOR, World Bank, and OECD iLibrary, plus support from economics subject librarians.
• Research Environment: Students benefit from York’s active research centres, including the Centre for Applied Macro-Finance and the Centre for Experimental Economics.
• Guest Lectures and Seminars: Delivered by academic economists and industry professionals, covering topics like fiscal policy, development strategy, and global markets.

Graduates from this program are well-prepared for careers in economic consultancy, policy analysis, financial services, and international development. Many go on to work in government departments, central banks, think tanks, and global institutions. Typical job titles include: Economic Analyst, Policy Advisor, Financial Consultant, and Development Economist.

Here’s how York supports your career journey:

• Careers and Placements Team: Offers tailored support including one-to-one career coaching, employer networking events, CV and interview preparation, and access to York’s Handshake platform for internships and graduate roles.
• Graduate Outcomes: 95% of York postgraduates are in work or further study within 15 months of graduation.
• Salary Figures: Economics graduates from Russell Group universities report average starting salaries of £30,000–£35,000, with strong progression in analytical and consultancy roles.
• Industry Partnerships: The Department of Economics and Related Studies collaborates with institutions such as the Bank of England, HM Treasury, and the Office for National Statistics through research, guest lectures, and alumni networks.
• Accreditation Value: York is a member of the Russell Group and its economics department is recognised for policy-relevant research and global engagement — a long-term asset in competitive job markets.
• Graduate Destinations: Alumni work in organisations like the UK Civil Service, Deloitte, European Central Bank, and international development agencies.

Further Academic Progression:
Students who wish to continue their academic journey can pursue a PhD in Economics, Public Policy, or Development Studies. The University of York offers doctoral research opportunities through its Department of Economics and Related Studies and affiliated centres such as the Centre for Applied Macro-Finance and the Centre for Experimental Economics.