Find out more about studying MSc Economics at University of Essex? We've gathered all the key details, entry requirements, modules, fees, and more. Take the next step by booking an open day to explore it for yourself.
Master of Science - MSc
University of Essex
Full Time
Oct 2027
1 Year
At Essex we have a unique strength in public policy measures to stimulate and manage the economy, including the behavioural techniques to get messages across. You could combine study of health economics with public economics and development economics to get a broad view of how one can respond to a threat such as COVID-19, balancing home and global needs.Economic recovery is probably one the most pressing and urgent challenges right now and studying an economics degree gives you the unique tools to take on this challenge, find a solution, and improve well-being.At Essex we push the frontiers of accepted wisdom, critically examining the decisions of individuals, the strategies of firms, and the policies of governments to understand and challenge the standard paradigms of economics. In our popular flagship masters course you will develop the expert research mind-set required for a high-profile job in finance or business.After completing your masters, you may wish to extend your knowledge with a research degree –many Essex graduates decide to stay here for further study.Alternatively, our course also prepares you for employment; recent surveys have shown that higher degree graduates are more likely to obtain jobs at professional or managerial level.More generally, our graduates find employment in roles such as business and financial analysts, management consultants, government officials, and economists for banks and other financial organisations.Our recent MSc Economics graduates have gone on to work for a range of high-profile organisations:The Ministry of Finance, HM Treasury, The Work Foundation,Fitch Ratings,Schroders Investment Management
Wish to conduct your own research using econometric methods? Understand econometric methods and learn to apply them to a wide variety of situations. Examine methods of linear regression and hypothesis testing. Study time series concepts of unit roots and co-integration. Explore ideas around model selection and panel data models.
What mathematical concepts are vital to understanding modern economic theory? Gain the essential mathematics skills needed to study economics at Masters-level, such as optimisation theory and the role of equilibrium. Understand how economic arguments work and improve your problem solving skills by using real-world economic problems.
What are the concepts and methods of modern microeconomics? And how can you apply economic reasoning to this? Understand the main principles and theories of modern microeconomics, looking at topics like contract theory, equilibrium concepts in game theory, and market signalling. Learn to apply economic reasoning to these arguments.
What are the main issues facing the modern macroeconomist? How do you critically assess macroeconomic policies? Acquire the necessary tools for macroeconomic analysis, focusing on the important questions faced by macroeconomists today.
What interests you? Undertake a research project of your choosing, studying a specific economic issue or set of problems in depth, with supervision from our world-leading academic staff. Gain experience of original and independent work, making use of and building on skills that you have acquired during your Masters.