Highlights about course

Program Level

Master's

Duration

Tuition Fees

£28,100

Intake

September

Overview

This Economics MSc will give you the essential skills and knowledge to propel your career forward in the dynamic field of economics. It will open doors to a world of opportunities. You will be able to make a lasting impact on a global scale.

Our programme integrates rigorous academic training with practical application. You will develop advanced analytical and critical thinking skills. You’ll immerse yourself in a comprehensive range of modules covering:

  • macroeconomic analysis
  • microeconomic theory and
  • econometrics

You are able to tailor your degree with a range of optional modules. You can complete a dissertation where you apply the methods you have learnt.

This course allows you to explore the intricacies of global markets, emerging trends, and economic challenges. We’ll give you the tools needed to navigate the complexities of the economic landscape with confidence. By the time you graduate, you will have developed the skills necessary to excel in your career.

You will acquire detailed knowledge of the most recent research in the disciplines of economics. You will also develop the skills needed to make your own contributions to research.

In addition to the MSc Economics , we also offer the following courses for candidates with a substantial background in Economics (undergraduate degree in Economics or equivalent):

  • MSc Economics & Data Science
  • MSc Behavioural and Experimental Economics

We offer the following course for candidates without a background in Economics:

  • MSc Economics and Finance

Important information

We’ve highlighted important information about your course. Please take note of any deadlines.

What you’ll learn

Gain advanced skills in economic theory. You’ll also learn quantitative methods in econometrics and mathematical economics.

You will learn the theory, analytical tools and data analysis methods. These will help find solutions to deal with a variety of real-world economic problems. You’ll achieve an understanding of specialist software packages in high demand by employers.

Take on advanced topics of microeconomics and macroeconomics. This will maximise your expertise and help you develop soft skills essential for any sector.

Modules

You will study modules on this course. A module is a unit of a course with its own approved aims and outcomes and assessment methods.

How you’ll learn

Your development

On completion of this course, you’ll be able to access advanced software to support your studies.

Software packages include:

  • R
  • Python
  • Stata

Real business skills

You will apply economic theory to real world problems, This will be via stimulating lectures taught by specialists in the area. Learning will be critical of current research ideas and topics.

Research skills

In the final stages of the dissertation, you will conduct a piece of research that demonstrates further existing knowledge of the research topic area.

Skills and experience

You will learn the theory, analytical tools and data to help find solutions to deal with a wide variety of real-world economic problems.

You will also develop soft skills essential for employment in any sector.

Your future

On graduating, you will have acquired a wide range of attributes sought after by employers. This includes:

  • analytical thinking
  • argument formulation
  • critical thinking
  • problem solving
  • data analysis
  • communication
  • independent learning and research

The MSc Economics degree is a competitive qualification and is seen as a route to lead to high salaries and prospects. It will prepare you for jobs in different sectors, such as:

  • the government
  • the private sector
  • central banking
  • international organisations
  • universities

Graduates may enter roles as:

  • economists
  • data scientists
  • statisticians
  • market researchers
  • policy analysts
  • consultants
  • academics

Our Careers Service

Our award-winning Careers Service is one of the largest and best in the country, and we have strong links with employers. We provide an extensive range of opportunities to all students through our ncl+ initiative.

Visit our Careers Service website

Quality and ranking

  • 42% of our research is classified as 4* world-leading research – Research Excellence Framework 2021
  • 65% increase in research power since 2014 – Research Excellence Framework 2021
  • Global Top 130 University – QS World University Rankings 2025
  • Global Top 170 University – Times Higher Education World University Rankings 2024
  • Top 25 in the UK and Top 100 in the world for sustainable development – Times Higher Education Impact Rankings 2024 

Professional accreditation and recognition

Newcastle University Business School accreditation

Newcastle University Business School is accredited by the:

Only 1% of business schools worldwide hold this triple crown. Our accreditations reflect the investments we make for our students through providing a high quality teaching environment, innovative programming and active engagement with industry.

 

All professional accreditations are reviewed regularly by their professional body

 

 

Facilities

Newcastle University Business School is one of the largest Schools in the University. We have over 3,500 students representing over 80 nationalities. This valuable network extends beyond our current students to include:

  • regional, national and international leaders
  • over 34,000 alumni in our network, spanning over 150 countries
  • leading professionals and practitioners from industry

The Business School is the gateway to Newcastle Helix – an innovation hub and community that brings together industry leaders, businesses and top researchers.

Our facilities include:

  • flexible conference room with panoramic views across the city
  • Wi-Fi enabled connectivity throughout the building, including three computer clusters housing over 120 PCs
  • four large lecture theatres and over 25 seminar and teaching spaces, providing comfortable teaching and group study space
  • dedicated Student Hub and Quiet Space, providing a balanced mix of study space for group work or quiet, individual study
  • contemporary café
  • employability hub to support your career aspirations
  • Bloomberg Room to give you a real feel for the trading room floor
  • Experimental and Behavioural Economics Lab, a state-of-the-art research facility for conducting studies in experimental economics and economic psychology

The Frederick Douglass Centre at Newcastle Helix also offers further study and learning spaces. This includes a 750 seat auditorium – the largest in the University.

Entry requirements

The entrance requirements below apply to 2025 entry.

Academic entry requirements

Typically a 2:1 honours degree from a UK university, or international equivalent, in economics or joint honours with a major component of economics. You are expected to have a good standard in mathematics (eg. calculus, matrix algebra, constrained optimisation) and statistics (eg. probability theory, statistical inference, hypothesis testing, simple regressions) achieved at undergraduate level.

If you have a 2:1 degree in a related subject that is highly quantitative (eg finance, statistics, operations research, mathematics, engineering) you may be considered with approval from an academic selector. The selector will use the degree syllabus and / or letters of reference as evidence of understanding and suitability.

About University

Newcastle University Medicine Malaysia (NUMed Malaysia)

Malaysia

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If you are aiming to study abroad, identify your career goals, look for relevant courses and universities abroad, know the tuition fees and other expenditures, prepare well for the entrance exams, apply to shortlisted universities, accept the offer letter from the desired university, apply for a student visa and get ready to jet off! 

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Choose to study abroad to leverage better learning opportunities, see the world, meet new people, boost your resume, develop a broader perspective, become culturally competent, and avail yourself of lucrative job opportunities globally. 

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