MSc in Economics and Public Policy

1 Year On Campus Masters Program

University of York

Program Overview

 

This MSc is designed for students who want to apply economic thinking to real-world policy challenges, from healthcare and education to taxation and climate change. It suits graduates from economics or related disciplines who are aiming for careers in government, NGOs, consultancy, or international organisations.


Curriculum Structure

Semester 1 – Core Economic and Policy Foundations
Students begin with Microeconomic Theory, Macroeconomic Theory, and Econometric Methods, which build a rigorous foundation in economic modelling, statistical analysis, and policy evaluation. These modules help students understand how individuals and governments make decisions, and how to assess the impact of those decisions using data.

Semester 2 – Applied Public Policy Modules
Students explore modules such as Public Finance, Health Economics, and Economics of Education. These units allow students to apply theory to real-world policy areas, evaluating how governments allocate resources and how policies affect social outcomes.

Summer Term – Independent Research Project
Students complete a dissertation on a topic of their choice, applying theoretical and empirical methods to a public policy issue. This capstone project demonstrates their ability to conduct independent research and communicate findings effectively to academic and policy audiences.


Focus areas

Public finance, health economics, education economics, econometrics, policy evaluation, macroeconomics.


Learning outcomes

Graduates will be able to apply economic theory to policy design, analyse public sector data, evaluate policy impacts, and communicate evidence-based recommendations.


Professional alignment (accreditation)

Delivered by the University of York’s Department of Economics and Related Studies — one of the largest economics departments in the UK, known for its policy-relevant research and global engagement.


Reputation (employability rankings)

The University of York ranks in the UK Top 20 for Economics (Complete University Guide 2024), and is a member of the prestigious Russell Group. 95% of York postgraduates are in work or further study within 15 months of graduation.

 

Experiential Learning (Research, Projects, Internships etc.)

 

This program is designed to help students apply economic theory and quantitative methods directly to public policy challenges. From evaluating healthcare systems to analysing education funding, students engage with real-world datasets, policy simulations, and collaborative research environments. The Department of Economics and Related Studies — one of the largest in the UK — offers access to specialist software, digital platforms, and active research centres focused on policy impact.

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

  • Econometric Software Training: Students use tools such as Stata, R, and EViews to analyse public sector data, model policy outcomes, and interpret large datasets.
  • Applied Modules: Courses like Health Economics, Economics of Education, and Public Finance include hands-on assignments using real-world policy data.
  • Independent Dissertation: A supervised research project applying theoretical and empirical methods to a public policy issue 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 Health Economics and the Centre for Experimental Economics.
  • Guest Lectures and Seminars: Delivered by academic economists and policy professionals, covering topics like fiscal reform, education policy, and health system evaluation.

 

Progression & Future Opportunities

 

Graduates from this program are equipped to shape policy decisions through evidence-based economic analysis. Many go on to work in government departments, NGOs, international organisations, and consultancy firms. Typical job titles include: Policy Analyst, Economic Advisor, Public Sector Consultant, and Research 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 policy 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, World Health Organization, Deloitte, and international development agencies.

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

 

Program Key Stats

£27,250 (Annual cost)
£12,500
Sept Intake : 28th Aug


Eligibility Criteria

3 or 4 Years

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6.5
87
2:2
1200
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Additional Information & Requirements

Career Options

  • Research agencies
  • Consultancy firms
  • Economic advisory services of governments
  • Banks or international agencies
  • Universities

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