Economic Policy and Analysis

University of Westminster

United Kingdom, London

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University of Westminster

United Kingdom , London

Key Facts

Program Level

Master by Course Work

Study Type

Full Time

Delivery

On Campus

Campuses

Marylebone

Central London

Program Language

English

Start & Deadlines

Next Intake DeadlinesSeptember-2023

Apply to this program

Go to the official application for the university

Duration 1 year(s)

Tuition Fee

GBP 13,000 / year

Next Intake September-2023

Economic Policy and Analysis

About

Economics is more relevant than ever to understand contemporary events in the global economy and provide the tools and techniques for business and governments to analyse and interpret the issues and problems they face. Reflecting the needs of both private and public sector employers, our highly practical MSc prepares you to assess business problems, interpret public policy and effectively communicate the insights that economic analysis can provide.

Aimed at those with a genuine interest in the application of economics to real-world situations, this course aims to provide you with an in-depth knowledge of the latest theories, practices and key concepts in economics that underpin public sector policy and business decision making. This includes the various scenarios where we explore opportunity cost, equilibrium and disequilibrium, strategic interaction, market failure and the related concept of externalities.

The focus is very much on developing the practical skills needed by a working economist the ability to apply economic techniques to complex, multi-faceted business problems and provide specialist advice. Youll gain hands-on experience of the industry-standard computing and econometrics software used to analyse and manipulate data.

Youll be taught by staff who share their experience working and consulting for the UK Government Economic Service, HM Treasury, HM Revenue and Customs, the Department of Work and Pensions, House of Lords, Federation of Small Businesses, European Commission, International Labour Office, and many other major international financial firms.

There is an increasing demand worldwide for economic analysis in international development, local and central government, non-governmental organisations, charity, urban and regional development policy, education or research. Past graduates have become Fast Stream economists in the UK Government Economic Service, others have gained employment as economists or economic analysts in charities and the private sector.

The course has been designed with input from colleagues at the Society of Professional Economists and previous students now working in the UK Government Economic Service.

Top reasons to study with us

90% overall student satisfaction in the 2019 Postgraduate Taught Experience Survey (TES)
Free student membership of the Society of Professional Economists, giving you access to a global network of practising economists
Taught by highly experienced staff who have worked with the UK Government Economic Service, HM Treasury, HM Revenue and Customs, Federation of Small Businesses, European Commission and many other major international financial firms
Guest lectures from industry practitioners, with past topics including the role of the Office of Budget Responsibility and careers in the UK Government Economic Service
Free access and experience using Office for National Statistics datasets and EViews
Free online subscription to Financial Times and part of the material on the course reading list includes free textbooks for the majority of core and option modules

Requirements

Entry Requirements

Applying for a course

If you are interested in studying for a Master's degree (eg MA, MSc or LLM) or research programme (eg MPhil or PhD) at the University of Westminster, you will need to check that you meet our entry requirements.

We have included typical entry requirements below, but these are simply a guideline. Some courses may also have specific subject or grade requirements, which will be listed on individual course pages.

For entry to a Master's degree that requires a UK 2:2 degree, you will typically need to have:

a 4-year Bachelor's degree from a recognised university in Jordan with a final grade of at least C/Good/68% or a GPA of 2.5/4.0

For entry to a Master's degree that requires a UK 2:1 degree, you will typically need to have:

a 4-year Bachelor's degree from a recognised university in Jordan with a final grade of at least B/Very good/75%+ or a GPA of 3.0/4.0

For entry to a research (PhD) programme, you will typically need to have:

a Master's degree

For more details on the application process, visit our How to apply pageGo to How to apply for a postgraduate degree page.

To search or browse our postgraduate courses, visit our Postgraduate page.

If your qualifications are not listed

If your qualifications are not listed above, you may still be able to apply for entry to our courses – just get in touch with our course enquiries team via the contact details at the bottom of this page.

If you find that your qualifications do not meet our entry requirements, you may want to consider applying for one of the University preparation courses offered by our partner college – see below for details.

University preparation courses

Our partner college, Kaplan International College London, offers a Pre-Master's course leading to entry to a number of our Master's degrees.

To find out more and apply, visit the Kaplan International College London website.

English Program Requirements

If you're considering full degree study (e.g. studying for a BA, BSc, LLB, LLM, MA or MSc) or research study, you will need to meet our English language requirements.

Career

As an economics postgraduate, you can look forward to excellent career prospects. Our students have gone on to successful careers in government and consultancy as economic analysts, regulatory economists and market analysts.

The strong international focus of the course provides an excellent opportunity to develop the knowledge and skills to pursue a career in multinational companies or international organisations. Many graduates return to their countries of origin and are employed in developing international business opportunities or government institutions, while other graduates develop their careers with international charities or other non-governmental organisations. Several of our recent graduates have also found that the course opened up opportunities for PhD study.

With a growing global network of 3,000 employers, our Careers and Employability Service is here to support you to achieve your full potential.

Develop your CQ

Develop your cultural intelligence â€“ or â€˜CQâ€™ â€“ studying alongside students and staff representing more than 100 nationalities.

Kickstart your career

Learn how to use social media in your job hunt or LinkedIn to kickstart your career.

Careers support

Postgraduate students have access to the Universityâ€™s Careers and Employability Service for up to three years after graduation.

Industry links

We have established links with the UK Government Economic Service, the largest employer of economists in the UK.

Our course was designed with input from a range of professionals with expertise in economic appraisal, evaluation and evidence-based policymaking.

Job roles

This course will prepare you for roles such as:

Economist (in the private and public sectors)
Economic advisor/analyst
Management consultant

Graduate employers

Graduates from this course have found employment at organisations including:

International Monetary Fund
Rio de Janeiro Mayorâ€™s Office
Shelter (UK housing charity)
The UK Government Economic Service including Ofcom and Ofgem

Fee Information

Tuition Fee

GBP 13,000 / year

How to Apply

There are two ways for international students to apply for a postgraduate programme at Westminster:

online via the Westminster online application form, accessible through the red Apply button on each course page
via apply via our overseas representatives

There is no official deadline for postgraduate applications, but we strongly recommend you apply early (by April for September start and October for January start), especially if you are interested in applying for a scholarship.

If you apply via the online application form, please make sure you include scanned copies of all the following documents:

a copy of your results transcript from your first degree (translated into English)
a copy of your English language qualification
your CV/resumé
two academic references (letters of recommendation)
a personal statement (statement of purpose/study plan) that explains:
- why you are interested in the course(s)
- why you would like to study at the University of Westminster
- any relevant skills and experience that you have
- your career plans