Economics (MSc)

A deep understanding of economics is key to our continuing function as a global economy, helping to establish successful trade, monetary and welfare policies across our nations. Specialised courses in economic theory and econometrics will give you a sophisticated understanding of policy issues as you prepare for your career in the industry. Studying on one of the Department’s MSc programmes will provide you with an excellent set of specialist and transferable skills.

You will be given an advanced training in core areas of economics that are widely used in economics-based professions and, depending on which degree programme you are studying, you will also receive specialist training in areas relevant to your programme and take options in other areas that interest you.

Reflecting our strengths in both theoretical and applied policy areas, this MSc will give you a clear understanding of the economics in emerging and developing countries. You will be supported by academic experts in areas such as econometrics, development theory and policy and experimental economics.

Studying on one of the Department’s MSc programmes will provide you with an excellent set of specialist and transferable skills.  You will be given an advanced training in core areas of economics that are widely used in economics-based professions and, depending on which degree programme you are studying on, you will also receive specialist training in areas relevant to your programme and take options in other areas that interest you.

Another aim within the Department of Economics is to provide students with the necessary skills to succeed when they leave Birmingham.  To this end, we believe that students and staff work together to ensure students receive the best intellectual training possible and that they develop personal skills which are transferable to the job market.  This means that you, as a postgraduate student, have to take responsibility for your education and degree, just as we, as staff, have an obligation to do our best to provide you with the best education we can.  It is this teamwork which guarantees that you will enjoy your time here and gain the most from it.  Reading and using this handbook is the first step towards ensuring a successful partnership between you and the staff of the Department.

At the end of your year studying with us, you will be equipped with the skills you will need to embark on a career in economics or finance, or to enter another profession, requiring the valuable transferable skills and insights obtained from an economics-related Masters degree. We also hope that some of you will want to stay in the department to study for a research degree.

Core modules

Optional modules

Choose 30 credits from the following (credits are given in brackets):


The optional modules listed on the website for this programme may unfortunately occasionally be subject to change. As you will appreciate key members of staff may leave the University and this necessitates a review of the modules that are offered. Where the module is no longer available we will let you know as soon as we can and help you make other choices.

Fees and funding

£7,020 (Home/EU)
£17,100 (Overseas)

International students can often gain funding through overseas research scholarships, Commonwealth scholarships or their home government;  find out more.

Postgraduate Loans for Masters students

If you’re an English-resident, or EU student, you may be eligible for a loan to study a taught or research Masters in any subject. The government-backed student loan will provide up to £10,280 in 2017.

A 2:1 bachelor’s Honours degree (or overseas equivalent) in Economics or a related discipline. You are expected to have received a good training in economics, to at least intermediate level, and to have taken at minimum: Microeconomics, Macroeconomics, Econometrics or Statistics, and Mathematics or a Quantitative module at bachelor’s level.

We accept a range of qualifications from different countries – learn more about international entry requirements

Standard English language requirements apply (IELTS 6.5 with no less than 6.0 in any band).

If you are currently studying at a Chinese university, please view our specific entry requirements including our list of acceptable universities for further study at Birmingham.

International students:

Academic requirements

We accept a range of qualifications, our country pages show you what qualifications we accept from your country.

English language requirements

You can satisfy our English language requirements in two ways:

The MSc programmes provide students with an advanced training in core areas of economics, while also enabling them to specialise according to their interests.  They reflect the rapid expansion of the subject in recent years, and deal with topical issues.  The aim is to train students for careers as economists or managers in commerce, industry, banking, financial services or the public sector.  Module assignments, and in particular the dissertation, provide an initial training in the kind of skills needed for the independent investigations which are likely to be important in professional careers.  For students proceeding to research training, the MSc programmes provide much of the basic methodology and techniques required.

Careers in Business

Careers in Business is a dedicated service for postgraduate Business School students. We’ll help you in all aspects of your career management, from planning your job-seeking strategies, applying for jobs, preparing for interviews and assessment centres and developing your essential employability skills. At the start of your programme you will receive an email from our team, giving details of how you can access Careers in Business Online. Please get in touch to find out how our Careers in Business team can support you.

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