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Economics (MSc) (2021 Entry)

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    • Course Code
    • P-L1P6
    • Course Type
    • Postgraduate Taught
    • Qualification
    • MSc
    • Duration
    • Full-time: 1 year
    • Location of Study
    • University of Warwick


    Our Economics MSc offers an unbeatable combination of strong core studies, specialist options and the opportunity to conduct academic research with the guidance of world-leading experts. Warwick Economics department, ranked 4th in the UK (The Complete University Guide 2021) and 25th the World (The QS World University Subject Rankings 2020), provides professional training in modern economics.


    Our MSc will appeal to you if you have a strong background in the subject and wish to gain advanced and rigorous training in modern economics, as preparation for a career as a professional economist or analyst. You will receive advanced teaching in the core areas of macroeconomic and microeconomic theory, econometrics and research methods, and you’ll also be able to choose from a wide portfolio of optional modules. An 8,000-word dissertation provides an opportunity to explore your own interests across these fields of study.

    You will be automatically enrolled on a pre-sessional Mathematics and Statistics programme to equip you with the relevant methodological skills you need to succeed. By the end of the course you will be able to read and understand research papers and articles in academic journals, build theoretical models, and initiate empirical research and evaluate its findings.


    Core modules

    • Economic Analysis (AA, AB, BA or BB)
    • Quantitative Methods (A or B)
    • Dissertation

    Optional modules

    Previously, a selection of the following options have been offered:

    • Applications of Data Science
    • Behavioural Economics
    • Labour Economics
    • Public Policy in Developing Countries
    • Topics in Applied Macroeconomics
    • Topics in Global Finance

    Teaching

    Teaching is mainly carried out through lectures and seminars, with an average of 8-10 hours of lectures and 3-5 hours of seminars per week. You can expect to spend an average of 22 hours per week learning 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 independence 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.

    Contact Hours

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

    Class Sizes

    Core modules range from 100-250 students; optional modules vary (15-75) and seminars typically average around 15-20 students.

    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.

    Skills from this degree

    • Research skills; use of library and internet as information sources; locating, extracting, analysing, and presenting material
    • Numeracy and quantitative skills; use of mathematics and diagrams, understanding data, statistical analysis
    • IT skills; word processing and spreadsheets; specialist econometric or statistical software; internet applications
    • Written and oral communication skills, including presentation skills
    • Problem solving
    • Working with others

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

    International Students
    We welcome applications from students with other internationally recognised qualifications. For more information please visit the international entry requirements page.


    For up-to-date information concerning fees, funding and scholarships for Home, EU and Overseas students please visit Warwick's Fees and Funding webpage.

    Additional Course Costs

    Economics students will need to buy a calculator, at a cost of approximately £10. Social events and trips organised by the department are free of charge.


    Graduates from these courses have gone on to work for employers including: Accenture; Deloitte; European Central Bank; European Commission; HSBC; KPMG; Nielsen and UNESCO. 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 Event
    • Investment Banking Uncovered
    • Warwick careers fairs throughout the year
    • Mock Assessment Centre workshops
    • Manage Your Digital Identity and Use LinkedIn Effectively

    Live Chats

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