Gain a strong grounding in advanced economics, with a focus on the application of economic theory and policy analysis in contemporary real-world settings.

Closely related to our MSc Economics course, MSc Applied Economics takes a more practical approach to the subject to prepare you for a range of professional roles in the field of economics.

You'll receive rigorous training in all the main aspects of economics – such as microeconomics, macroeconomics and econometrics – with a focus on their application to contemporary economic challenges and issues.

Alongside the study of economic theory, you can select from a range of supplementary topics to tailor the course to your personal interests and career aspirations. These may include:

• behavioural economics and finance
• environmental and natural resource economics
• macroeconomic policy and institutions
• applied financial economics
• economics of banking and financial institutions
• financial markets and investment banking
• machine learning applications in economics and finance

Watch our webinar about this course

If you want to specialise in finance or banking, you may be more suited to our MSc Applied Economics with Banking and Financial Markets course.

• 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.

Prepare for your future

Our graduates have an excellent record of success. The average salary 15 months after the course for our business and management graduates is £33,500 - that's £7,500 higher than the national average (Discover Uni, 2025).

Recent employers include Deloitte, PwC, BMW, Google and GlaxoSmithKline.