| Program start date | Application deadline |
| 2023-09-01 | 2023-08-01 |
| 2024-09-01 | - |
Program Overview
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. You’ll gain hands-on experience of the industry-standard computing and econometrics software used to analyse and manipulate data.
You’ll 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.
Program Outline
Modules
Core modules
Optional modules
The University of Westminster was founded in 1838 as the Royal Polytechnic Institution, before receiving a royal charter a year later. It became a university in 1992 and adopted its current name. Its main campus is on Regent Street, with other campuses in Fitzrovia, Marylebone and Harrow and it runs a university in Uzbekistan.
It has around 20,000 students including international students from more than 169 different countries. The University of Westminster is ranked in the top 700 global universities in the QS World University Rankings. It’s also in the top 100 UK universities in The Guardian’s University Guide and the Complete University Guide.
Employability
The University of Westminster has strong links with businesses and professional organisations in London and across the UK. The majority of its courses have professional accreditations and programmes and its Careers and Employability Service works with an ever-growing network of over 3,000 companies to provide work placement opportunities. Students can access 20-minute consultations with a Careers Consultant for feedback on CVs, application forms, interviews, etc. There are also up to four 45-minute consultations for guidance on employability, career paths, etc. Support is available for up to three years after graduation, including employer workshops.Facilities
Across its three central London campuses it offers 24-hour libraries, state-of-the-art science laboratories, advanced IT services, online learning resources, art, design and film and TV studios. It also has one of the few Bloomberg Financial Markets Suites in the UK. </span></span> </span></span>
International Focus
The university has been named one of the top 100 most international universities in the world. It has one of the most diverse student communities in the UK and has more than 190 partner organisations across 56 countries. </span></span> </span></span>
Location
The University of Westminster is one of the only universities located right in the heart of London. This means that students are able to enjoy all of the best cultural opportunities the capital has to offer, from restaurants to museums and art galleries, right on their doorstep. </span></span> </span></span>
English Language Requirements
Most courses at University of Westminster have the following minimum language requirements. We advise you always check the exact entry requirements before apply to any course, don't forget we are always on hand to help.
IELTS ACADEMIC
6.5
