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Economics MSc

1 year full-time, starting in September 2025

Develop your understanding of the core tools and approaches needed to be a professional economist or to progress to doctoral study.

Our MSc Economics course will provide you with rigorous training in the three main strands of economics:

  • microeconomics
  • macroeconomics
  • econometrics

Alongside these core topics, you will be able to explore specialist areas to enhance your skills around your interests and career aspirations. These include:

  • macroeconomic or public policy economics
  • banking
  • investment decision-making
  • environmental and behavioural economics
  • machine learning methods in economics

Watch our webinar about this course

Dissertation or consultancy project

The course culminates with either a traditional dissertation or a consultancy project.

Dissertation

You can choose to do a dissertation on an economic area that interests you or that is most useful in your career. This will allow you to apply your newly acquired knowledge to a specific problem or debate.

Consultancy project

The consultancy project is practical an alternative to the dissertation. You’ll work on a project with an external organisation, helping them to address a real-world business challenge. You’ll conduct appropriate research and data analysis (if necessary), before presenting your findings as a written report and presentation.

Consultancy project numbers are limited each year. You’ll apply for a suitable project with one of our external partners and will receive support from us during this process. If a suitable project can’t be secured, you will complete a dissertation instead.

Find out more about consultancy projects

Learn from experts in the field

You’ll learn from experts in the core strands of economics, as well as a diverse range of specialist sub-areas. Their passion, knowledge and industry expertise shape their teaching to enhance your learning experience.

Use specialist facilities

You’ll have access to some of the latest industry-standard statistical, mathematical and econometric software in our computer labs, including EViews, Stata, Matlab and Python.

Access to top-tier international databases, including our Bloomberg Terminals, will allow you to access up-to-the-minute data on real-world trends to enhance your learning experience.

Gain important career skills

On successful completion of the course, you will be able to:

  • analyse economic and financial data and critically evaluate existing research
  • understand the key issues surrounding major economic debates and contribute to these
  • apply economic concepts to specific economic and social policy questions
  • formulate an original research question and write at an academic level

We limit student numbers on this course to ensure a collegiate atmosphere and a high degree of interaction between students and lecturers.

Graduate prospects

This course is designed to equip you with the knowledge and abilities required to secure work as a professional economist in government, research units or commercial enterprises. It also provides suitable preparation for doctoral study and future careers in academia.

Recent graduates have gone on to work in a number of different roles within economics across the world. These include:

  • Principal Case Officer, Competition and Markets Authority (UK)
  • Economic Advisor, Department for Education (UK)
  • Chief Analyst, Enterprise Lithuania
  • Senior Tax Consultant, KPMG (Kazakhstan)
  • Investment Manager, private equity company (Czech Republic)
  • Director, Regional Sector Research, Emirates NBD Global Markets and Treasury Department (United Arab Emirates)

Others have chosen to continue their careers in academia.

2025/26 Academic Year


Before you apply for a course, please check the website for the most recently published course detail. If you apply to the University of Bath, you will be advised of any significant changes to the advertised programme, in accordance with our Terms and Conditions.

We understand that you will want to know more about the shape of the academic year. We work hard and plan for different scenarios, to be able to welcome you to the University of Bath at the start of each semester.

Course structure

This course lasts 1 year. It starts in September 2025 and ends in 2026. Welcome week starts on 22 September 2025.


Occasionally we make changes to our programmes in response to, for example, feedback from students, developments in research and the field of studies, and the requirements of accrediting bodies. You will be advised of any significant changes to the advertised programme, in accordance with our Terms and Conditions.

Units

During Semester 2, you will take part in timetabled sessions designed to prepare you for your dissertation or consultancy project project. You will complete your dissertation or consultancy project during the summer after Semester 2.

Year 1

Semester 1

Compulsory units

  • Econometrics

    10 credits

  • Macroeconomics

    10 credits

  • Microeconomics

    10 credits

Semester 2

You'll choose 20 credits of optional units.

Compulsory units

  • Advanced economic theory

    10 credits

Optional units

  • Behavioural economics

    5 credits

  • Economics of banking and financial institutions

    5 credits

  • Economics of politics

    5 credits

  • Environmental and natural resource economics

    5 credits

  • Financial econometrics

    5 credits

  • Introduction to programming and machine learning applications in economics and finance

    10 credits

  • Investment banking

    5 credits

  • Macroeconomic policy and institutions

    10 credits

  • Public policy analysis

    10 credits

Summer

You’ll complete a dissertation or Practice Track project.

Optional units

  • Consultancy project

    30 credits

  • Master’s dissertation

    30 credits

Learning and assessment

You’ll be taught and assessed by a variety of methods and it will vary between units. These methods are designed to promote in-depth learning and understanding of the subject.


Learning

  • Laboratory sessions
  • Lectures
  • Seminars
  • Workshops

Assessment

  • Closed book written examination
  • Coursework
  • Dissertation
  • Essay
  • In-class test
  • Oral presentation

These lists are to give you an idea of some, but not all, of the learning and assessment methods used on this course. They are not exhaustive lists and methods are subject to change.

Learning and teaching

You are expected to spend approximately 35 hours per week studying. Around 15-17 of these hours will be in structured classes, depending on your choice of optional units.

These classes will be made up of a combination of lectures, seminars, computer lab sessions, and workshops. You will work as an individual and part of small groups.

Assessment breakdown

You will experience a balance of different forms of assessment designed to support your professional development. This will include examinations, such as multiple choice or short answer tests; coursework, which can be in the form of essays or projects requiring data analysis; presentations; and a dissertation or consultancy project. You will receive formative (unassessed) feedback on your progress in preparation for your graded assessments.

We can make reasonable adjustments to assessment procedures for students with disabilities. Read our Disability Service’s pages for information.

Recognition of professional qualifications


As well as being recognised as a higher academic qualification, a number of our degrees are also accredited by professional bodies in the United Kingdom. An accredited degree may entitle you to work in a specific profession within the UK, and abroad (where there are reciprocating arrangements with professional bodies in other countries).

The requirements to practise a profession vary from country to country. If you wish to practise your profession outside the United Kingdom, you are advised to confirm that the UK professional qualification you seek is valid in the country in which you are intending to work.

Ishaan Gupta, MSc Economics alumnus, by the UK seaside
‘Economics and studying in Bath gave me a global outlook. All of my combined experiences motivated me to find solutions for affordable housing in the future.’
Ishaan Gupta MSc Economics (Graduating year, 2019)

Entry requirements


Origin of qualifications

British qualifications

You should have a bachelor’s honours degree or international equivalent, typically a 2:1 or above.

To apply for this course, you should have an undergraduate degree in either economics, business or an appropriate quantitative subject such as engineering, computer science, mathematics or physics.

You are also expected to have successfully completed at least five quantitative units such as microeconomics, econometrics, macroeconomics, statistics, probability, algebra, calculus, data analysis, game theory, operational research, or financial engineering.

We may make an offer based on a lower grade if you can provide evidence of your suitability for the degree.

If your first language is not English but within the last 2 years you completed your degree in the UK you may be exempt from our English language requirements.

English language requirements

  • IELTS: 6.5 overall with no less than 6.0 in all components
  • The Pearson Test of English Academic (PTE Academic): 62 with no less than 59 in any element
  • TOEFL IBT: 90 overall with a minimum 21 in all 4 components

You will need to get your English language qualification within 24 months prior to starting your course.

If you need to improve your English language skills before starting your studies, you may be able to take a pre-sessional course to reach the required level.

Fees and funding

Fees and funding information for Economics MSc full-time


Fees

Your tuition fees and how you pay them will depend on whether you are a Home or Overseas student.

Learn how we decide fee status

Extra costs

There is a one off £60 application fee for this course, payable through the online store.

If you receive an offer, you will need to pay a non-refundable deposit of £1,000 when you accept to secure your place. This will be deducted from your tuition fee when you register.

If you choose the consultancy project option, you may need to budget for travel expenses and accommodation.

How to pay

Tuition fee loans

If you are studying a postgraduate course, you may be able to take out a loan for your tuition fees and living costs.

Read more about tuition fee loans

Scholarships and bursaries

You could be considered for a bursary or scholarship to help you study at Bath. You do not have to pay it back.

Read more about bursaries and scholarships

Other payment options

You can pay your tuition fees by Direct Debit, debit card, credit card or bank transfer. You may also be eligible for a student loan to help you pay your fees.

Read more about your payment options

Budgeting

You will need to budget at least £100 for the cost of photocopying, printing and binding. You will also need to budget for the cost of textbooks.

Some courses involve visits away from campus and you may be required to pay some or all of the costs of travel, accommodation and food and drink.

If you’re on a placement, you’re responsible for your own travel, accommodation and living costs. You should also consider the financial implications if you go on an unpaid or overseas placement.

Application information


  • Course title
    Economics
  • Final award
    MSc
  • Mode of study
    Full-time
  • Course code
    TDUES-EC01
  • Department
  • Location
    University of Bath
    Claverton Down, Bath BA2 7AY
  • Home application deadline
    31 August 2025

    We recommend you apply early as we may close applications before the deadline if a course is full.

  • Overseas application deadline
    31 July 2025

    We recommend you apply early as we may close applications before the deadline if a course is full. We may consider late applications but if you need a Student Visa to study in the UK, you will need time to apply for and receive your visa to be in the UK by the start of the course.

  • Application eligibility
    Home and Overseas students are eligible to apply
  • Regulator

Course enquiries