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Energy and Economics MSc

Different course options

Full time | Edinburgh Campus | 1 year | SEP

Study mode

Full time


1 year

Start date


Key information

Qualification type

MSc - Master of Science

Subject areas

Energy Economics / Management / Conservation Economics

Course type


Course Summary

The MSc Energy and Economics is an innovative, new degree programme grounded in the cutting-edge, globally recognised, economic research carried out by Heriot-Watt University on behalf of the energy sector. This programme provides a detailed overview of current energy issues, teaching you to apply core tools of economic analysis to the conversion and use of energy resource. You will develop a bespoke set of skills that will enable you to effectively measure and interpret the environmental and socio-economic impacts of the energy sector. You will also learn how to effectively analyse, appraise and design energy policy, systems and equipment from an economic perspective. You will gain highly-employable specialist knowledge that is crucial within the energy industry. This Energy and Economics Master’s Degree will prepare you for a dynamic career as an energy consultant, or for a graduate job in energy economics across: business, government regulation and environmental NGOs. The dual-focused programme is ideally suited to graduates with an engineering or strong analytical background in subjects such as mechanical engineering, mathematics or economics. It has been developed with numerous distinctive features which will aid your success in future roles. The Economics department at Heriot-Watt has close links to industry-leading organisations such as the World Bank and British Petroleum (BP). You will have access to a number of key industry figures such as Spencer Dale (Chief Economist at BP) who delivers guest economics lectures at Heriot-Watt. Students will also achieve PGDip and PGCert awards in this course.


This module will provide an opportunity for the postgraduate student to explore, in depth, a research topic in the field of energy and economics, and to write a dissertation that is an original work. The module aim is to extend the student's knowledge considerably in their programme pathway of MSc Energy and Economics, and to develop skills (e.g., discursive, analytical, econometric) required for original thinking and economic analysis at masters level. It also aims to provide a skill set that will pave the way for the student to pursue research within their chosen career or through further postgraduate study.

Tuition fees

UK fees
Course fees for UK / EU students

For this course (per year)


Average for all Postgrad courses (per year)


International fees
Course fees for non-UK / EU students

For this course (per year)


Average for all Postgrad courses (per year)


Entry requirements

Students should have a good Honours degree (first or second class) in Mechanical Engineering, another Engineering degree, Economics, Mathematics, or a degree in another quantitative discipline.