35 Marylebone Road, NW1 5, London
Tel.+44 (0) 20 7911 5000
|Current Status: Terminato|
|Course Type: Master||Level:|
|Tuition:||9.000 £||Duration y/mm:||0/12|
|Start Date:||15/09/2017||End Date:||20/08/2018|
This innovative course offers both MSc and MA streams. It has been designed to develop your ability to apply economic analysis to policy issues and business problems, which are often ambiguous and multi-faceted. Although there is a strong theoretical core, the course focus of the course is very much on the practical application of economic techniques to problems, and on developing the ability to communicate the insights that economic analysis can provide.
The course has been created in conjunction with the Government Economic Service (GES) – a major employer of economics graduates in the UK. The University of Westminster is the only English university to have secured GES recommended status for a postgraduate course in economics.
The course aims to provide you with an in-depth knowledge and understanding of the latest developments in economics, with a focus on practical skills and development of the skills needed by a working economist. It is specifically aimed at those with a genuine interest in the application of economics to real-world situations.
As well as enhancing your ability to apply relevant economic principles in the support of policy and strategy development, the course aims to develop your ability to communicate complex issues to wide audiences, your awareness of significant sources of economic and financial data, the problems faced when carrying out policy evaluation and your capability for self-awareness and group workin
You will gain an understanding of the 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.
You'll develop your analytical skills by applying these concepts to current challenges that face the profession, at both macro and micro levels, and in both private and public sectors. This will provide you with the latest insights drawn from both the academic and practitioner arenas.
Around a common core of modules covering key theoretical and practical elements, the MSc stream offers the possibility of pursuing a course of study in economics with a greater quantitative focus, while the MA stream has a stronger international emphasis.
Students on this course benefit from free access to part of the material on the course reading list and an online subscription to Financial Times. In addition, you will get exposure to a global network of professional economists through a free student membership to the Society of Business Economists.
The following modules are indicative of what you will study on this course. For more details on course structure and modules, and how you will be taught and assessed, see the full course document on the master website.
- Economic Evaluation Project
- Macroeconomic Analysis and Policy
- Microeconomic Analysis and Policy
- Research Methods
- Strategy and Appraisal in Economics
- Data Analysis
- Economic Policy Perspectives
- Innovation Economics
- Labour Economics
You will normally have either a minimum Lower Second Class Honours first degree (or equivalent) which would be single Honours or a major in Economics, or a quantitative discipline with a minor in Economics, or a more general first degree (minimum Upper Second Class Honours or equivalent) with significant study of economics and quantitative methods. Exceptionally, non-graduates with extensive work experience in the economics or closely-related profession may also be considered.
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.
While this vocationally oriented course develops skills for devising and evaluating policies and strategies, rather than simply training academic economists, several of our recent graduates have also found that it has opened up opportunities for PhD study.