MSc in Economic Policy and Analysis, University of Westminster

London,

12 Months

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About this course

This MSc in Economics is tailored for those interested in applying economic theories and techniques to real-world situations. The course emphasizes understanding contemporary global economic events and equips students with practical skills for assessing business problems, interpreting public policies, and communicating insights effectively. With a focus on both private and public sector applications, students gain in-depth knowledge of economic concepts such as market failure, macroeconomic objectives, and strategic interaction. The course combines theoretical learning with hands-on experience, using industry-standard data analysis and econometrics software. Taught by staff with experience working with government departments and NGOs, it prepares students for roles in government, charities, and private sectors, with a strong emphasis on practical application and policy evaluation.

Why this course is highly recommended

This MSc stands out because of its practical approach, combining theory with real-world application, and its experienced teaching staff who have worked with high-profile organizations like the UK Government and NGOs. The course offers free access to industry-standard tools, datasets, and resources, making it highly relevant for those seeking careers in government, international organizations, or private sector consultancy. Its focus on developing analytical, communication, and digital skills ensures graduates are well-prepared for competitive roles in the global economy and can adapt to various economic environments.

Specialisation

The course covers diverse areas such as Applied Economics, Data Analysis, Development Economics and Policy, International Trade Policy, Macroeconomic Analysis and Policy, Microeconomic Analysis and Policy, and Sustainable Energy Policy. It includes modules focused on real-world data, policy evaluation, and research skills, culminating in a dissertation on a current economic issue. The curriculum is designed to develop a well-rounded understanding of economic policymaking, strategic decision-making, and economic data analysis.

Course fees

Application fees

1st year tuition fees

14.25L

Living cost

Degree requirements

Applicants need at least a lower second class honours degree (2:2). Relevant degrees include single Honours or major in Economics, quantitative disciplines with a minor in Economics, or other degrees with significant economic and quantitative study. Non-graduates with extensive work experience in economics or related fields may also be considered. For international students, a minimum IELTS score of 6.5 overall, with 6.0 in each component, is required along with one reference.

English language test

DUOLINGO

PTE

IELTS

6.5

TOEFL

Career prospects

Graduates can pursue roles such as economist, economic analyst, or policy advisor, working in government departments like HM Treasury, the UK Government Economic Service, or NGOs and charities. Past students have secured roles with international organizations like the IMF and regional offices, or within private consultancy firms. The course's international focus helps develop skills for careers in multinational companies or global organizations, including opportunities in developing economies and government institutions abroad.

FAQs

What are the fees for the MSc Economics?

The UK fee is £11,700 and the international fee is £13,500 per academic year.

What kind of software will I use during the course?

Students will gain free access to industry-standard software including EViews, Excel, and Stata for data analysis and econometrics.