General entry requirements

Minimum requirements

2:i undergraduate degree (or equivalent) specialising mainly in economics. This means you should have achieved a good standard in undergraduate courses in microeconomics, macroeconomics and econometrics/ economics statistics at an intermediate level.

We also expect a good standard achieved in mathematics taken at undergraduate level.

English language requirements

You can find out more about our English language requirements. This course requires the following:

• Band A
• IELTS overall score of 6.5, minimum component scores not below 6.0.

International qualifications

We welcome applications from students with other internationally recognised qualifications.

For more information, please visit the international entry requirements page.

Additional requirements

There are no additional entry requirements for this course.

Core modules

The following basic structure applies to the MSc Economics:

An online Pre-sessional Mathematics and Statistics course for the first two weeks. You will need a computer with good internet access to allow for this period of online study.

• Microeconomics A
• Macroeconomics A

or

• Microeconomics B
• Macroeconomics B

These modules will develop your understanding of advanced economic analysis, with more applied versions (A) or more technical/theoretically orientated versions (B). As a guide, we expect students opting for the B versions of Microeconomics and Macroeconomics to have obtained the equivalent of a First class mark (70%) in their undergraduate studies, though we will consider a request to take a B variant even if that prerequisite is not met.

• Quantitative Methods: Econometrics A

or

• Quantitative Methods: Econometrics B

Econometrics A covers fundamental econometrics research skills and Econometrics B will supplement the development of these key and fundamental professional skills by looking at more advanced topics.

• Three option modules
• A dissertation

Students need to have previously completed undergraduate courses in microeconomics, macroeconomics and econometrics/economic statistics at an intermediate level. The MSc Economics is a quantitative degree and students will need to be competent in several areas of mathematics. All students attend a short pre-sessional mathematics and statistics course before the term starts.

Core and optional core modules

• Microeconomics A and Macroeconomics A OR Microeconomics B and Macroeconomics B
• Quantitative Methods: Econometrics A OR Quantitative Methods: Econometrics B
• Dissertation

Read more about the core and optional core modules on our Economics web pages.

Optional modules

Optional modules can vary from year to year. Example optional modules may include:

• Behavioural Economics
• Labour Economics
• Development Economics
• Topics in Applied Macroeconomics
• Topics in Global Finance

Teaching

You will have a combination of lectures, and small group support and feedback classes. You will also learn through independent study, which will include reading journals and books, completing problem sets and assessments, revising for exams and undertaking research.

In the summer term and summer vacation your independent study time will increase as you complete your research dissertation. Your dissertation work will normally be individually supervised on a one-to-one basis and we have an effective personal tutor system providing individual support.

We encourage one-to-one interaction with our world-leading academics and offer great flexibility in the optional modules that allow you to specialise or diversify your studies.

Class sizes

Core modules range from 50-175 students; optional modules vary (15-75) and classes typically average around 15-20 students.

Typical contact hours

An average of 8-10 hours of lectures and 3 hours of classes per week.

Assessment

For MSc students, assessment is through formal examinations, coursework and an individually supervised research dissertation.

Feedback is a vital part of the assessment process, as it helps you to reach your full potential by identifying the strengths and weaknesses of your work and the actions needed to develop your understanding and enhance your performance.

Feedback is provided in a variety of ways, including: grades and comments on marked work, solutions to problem sets, verbal feedback from tutors and peers in classes, Advice and Feedback hours with academic staff and personal tutor meetings.

Pre-Sessional Mathematics and Statistics

You are required to attend Introductory to Mathematics and Statistics, which will be taught in the two weeks before the University’s main term begins.

The course is designed to ensure that your maths and statistical knowledge and skills are at the standard required for you to succeed on the rest of the MSc course and it consists of both lectures and small group learning. Further information can be found at the following Economics web page.

Reading lists

Most departments have reading lists available through Warwick Library. If you would like to view reading lists for the current cohort of students you can visit our Warwick Library web page.

Your timetable

Your personalised timetable will be complete when you are registered for all modules, compulsory and optional, and you have been allocated to your lectures, seminars and other small group classes. Your compulsory modules will be registered for you and you will be able to choose your optional modules when you join us.

Tuition fees

Tuition fees are payable for each year of your course at the start of the academic year, or at the start of your course, if later. Academic fees cover the cost of tuition, examinations and registration and some student amenities.

Taught course fees  Research course fees

Fee Status Guidance

We carry out an initial fee status assessment based on the information you provide in your application. Students will be classified as Home or Overseas fee status. Your fee status determines tuition fees, and what financial support and scholarships may be available. If you receive an offer, your fee status will be clearly stated alongside the tuition fee information.

Do you need your fee classification to be reviewed?

If you believe that your fee status has been classified incorrectly, you can complete a fee status assessment questionnaire. Please follow the instructions in your offer information and provide the documents needed to reassess your status.

Find out more about how universities assess fee status

Additional course costs

As well as tuition fees and living expenses, some courses may require you to cover the cost of field trips or costs associated with travel abroad.

For departmental specific costs, please see the Modules tab on the course web page for the list of core and optional core modules with hyperlinks to our Module Catalogue (please visit the Department’s website if the Module Catalogue hyperlinks are not provided).

Associated costs can be found on the Study tab for each module listed in the Module Catalogue (please note most of the module content applies to 2022/23 year of study). Information about module department specific costs should be considered in conjunction with the more general costs below:

• Core text books
• Printer credits
• Dissertation binding
• Robe hire for your degree ceremony

Scholarships and bursaries