General entry requirements

Minimum requirements

2:i undergraduate degree (or equivalent). You must have a strong background in Mathematics and Statistics. This means you should have achieved a good standard in quantitative modules as part of your undergraduate degree, or have at least an A grade at A level Mathematics (or equivalent).

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

Core Modules (Year 1)

Macroeconomics 2

This module provides students with the opportunity to understand the core theoretical models used in macroeconomics, for both closed and open economies, and how to use them to enhance their comprehension of real-world macroeconomic experiences, especially involving macroeconomic policy.

Microeconomics 2

This module builds on students’ understanding of basic principles of economics from EC109 by providing an intermediate level exposition to microeconomic principles.

You will be exposed to a range of applications and theories. You will gain an understanding of how markets work in general equilibrium, choice under uncertainty as well as an introduction to strategic behaviour (game theory) for both cooperative and non-cooperative games. You will gain skills and techniques to analyse problems from a mathematical, graphical and intuitive perspective applying your knowledge to real world scenarios.”

Econometrics 1

The Econometrics I section of the course aims to familiarise students with modern econometric techniques relating to the analysis of financial and macro time series.

Core Modules (Year 2)

Microeconomics A and Macroeconomics A

or

Microeconomics B and 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.

A dissertation

Optional modules

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

• Development Economics (Macroeconomics)
• Economics of Money and Banking
• Game Theory
• Labour Economics
• Topics in Applied Macroeconomics

Teaching

You will have a combination of lectures, and small group support and feedback classes.

Throughout the course, you will have many opportunities to apply the principles of economics to practical study. This means what you are learning is highly relevant to real-world issues. We encourage one-to-one interaction with our academics and offer great flexibility in the optional modules that allow you to specialise or diversify your studies.

Class sizes

Diploma (Year One)

Lecture size will vary, especially for the optional modules, but also for core lectures. Some of the larger modules may have 200-450 students and weekly classes typically average around 15-20 students.

MSc (Year Two)

Core modules range from 50-175 students and classes have typically around 15 students.

Typical contact hours

An average of 8-10 hours of lectures and 3-5 hours of classes per week.

Assessment

For Diploma students, assessment is through formal examinations and coursework.

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 Support and Feedback Classes
• Advice and Feedback hours with academic staff
• Personal tutor meetings

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.

Your career in Economics

Graduates from our Master’s courses have gone on to work for employers including:

• Bank of America
• Bank of China
• China Merchants Bank
• Citibank
• Deloitte
• EY
• European Central Bank
• Frontier Economics
• HM Treasury
• HSBC
• IMF
• KPMG
• World Trade Organisation

They have pursued roles such as:

• Economists
• Analysts
• Consultants
• Researchers
• Business and financial project management professionals
• Chartered and certified accountants
• Actuaries
• Statisticians
• Quality assurance and regulatory professionals

Our department has a dedicated professionally qualified Senior Careers Consultant offering impartial advice and guidance together with workshops and events throughout the year. Previous examples of workshops and events include:

• Careers in Economics Webinar Series
• Careers in Economics Event
• Investment Banking Uncovered
• Warwick careers fairs throughout the year
• Mock Assessment Centre workshops
• Manage Your Digital Identity and Use LinkedIn Effectively

Economics at Warwick

We're an inclusive, diverse community committed to the highest quality research which informs our teaching on our undergraduate and postgraduate programmes. Many of our experts are leaders in their field.

We hold regular live chats for prospective students and offer holders. Please see the live chat schedule for Economics.

Find out more about us on our website.

Our Postgraduate courses

• Behavioural and Economic Science (Economics) (MSc)
• Economics - MRes leading to PhD
• Economics (Diploma plus MSc)
• Economics (MSc)
• Economics and International Financial Economics (MSc)
• MRes/PhD in Economics

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