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Full time | University of Strathclyde | 12 months | SEP

Study mode

Full time


12 months

Start date


Key information

Qualification type

MSc - Master of Science

Subject areas

Applied Economics

Course type


Course Summary

Why this course?

The MSc Applied Economics focuses on developing your technical and analytical skills alongside your practical experience of how these skills are used to solve real-world economic problems and inform decision-making in a variety of environments. This unique feature sets it apart from other degrees in economics.

You'll gain knowledge and an understanding of the core principles of economic analysis, and the experience in how to apply them.

You'll acquire skills in economics, data analysis and modelling techniques, as well as key transferable skills in leadership, project management, problem-solving, communication and negotiating that, are sought after by employers.

The programme has been designed in consultation with key employers of our graduates, as well as the business, consulting and policy communities for the aspiring professional economist. This means that what you learn on the course is exactly what employers look for when recruiting new economists.

What you'll study

Core classes will give you a solid grounding in the core concepts and techniques of an applied economist. Elective classes will give you experience in applying these skills to hot-topics of the day.

The programme will provide you with

  • a comprehensive understanding of key economics concepts and theories
  • core skills in economic modelling and data analysis which can be used to inform decision-making
  • understanding of, and the ability to use, techniques of economic appraisal in a variety of contexts
  • experience in the application of economic analysis to day-to-day activities of public and private sector organisations.

Summer Project

Your summer project topic can be chosen from any of the areas/issues covered on the programme. This is your opportunity to develop a substantive piece of applied work on a topic that is of particular interest to you, with supervision provided by an appropriate member of staff. It’s also a key opportunity to put into practice what you have learned during your MSc studies.

Each year, we offer a number of opportunities for you to undertake the summer project in partnership with leading companies and public sector institutions. This gives you the opportunity to engage with users of economic analysis outside of academia. You'll undertake your summer project with both academic supervision and partner input. We're also able to supervise those part-time or full-time students who are sponsored by their employer and wish to work on a topic of interest to both them and their employer.


Every class will either have a class test or assignment during semesters 1 and 2. Exams will take place at the end of each semester in December and April/May.


Many of our graduates have gone on to senior positions in business, in consultancy and within government, while some have progressed to PhD level study and careers in academia.


This module introduces some of the statistical methods commonly used in applied economics with an emphasis on regression analysis. You will focus on understanding and application but also consider some of the more formal concepts required to engage in econometric work with confidence.

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

Minimum second-class Honours degree, or overseas equivalent in any subject.

University information

The University of Strathclyde were awarded the Queen’s Anniversary Prize, the highest national honour awarded to our sector. They are transforming our campus to create a first -class working learning environment. Their new £31 million Strathclyde Sport building provides a range of sport and wellbeing facilities for students, staff and the local community. The Centre offers state-of-the art training facilities, including a 25-metre swimming...more

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