Economics MSc

Keele University

Master your understanding of advanced economic skills and techniques on our MSc Economics to inform decision-making by all stakeholders including private businesses and policy-makers. Lead in the design and delivery of improved economic outcomes which address societal, policy-maker and private business needs whilst realising the quantitative skills required to create effective solutions to the economic challenges you will encounter in your career.

Our Economics MSc programme allows you to develop high-level knowledge and skills around the monetary rationale of economic interactions. It is designed to increase your confidence in applied economic theory and applied research techniques so you can advance as a talented economist who is capable of succeeding in a fluctuating global environment.

As an economist you will be presented with diverse economic quandaries and must respond to the different economic drivers and behaviours of everyone from individuals and households to international organisations and governments to achieve positive economic outcomes.

Employability is embedded into our programme with opportunities to engage with local employers through our consultancy and placement projects and develop relationships with professional bodies such as the Government Economic Service via guest lectures and research projects.

As a graduate of this programme your quantitative skills and scenario analysis will be coveted by government departments, devolved administrations, local authorities and private businesses. You will graduate as a highly employable individual who has developed skills including advanced econometric modelling and quantitative cost benefit analysis. Plus, these skills are further enriched through the programme's optional modules and the choice of dissertation, consultancy and placement project modules which deliver high quality employability skills.

What you’ll learn

Research-led teaching informs our innovative programme which is designed to fulfil your academic needs and support your future employability. You will extend your understanding of econometric theory and practice so you can confidently apply this to the analysis of empirical questions. This will consist of studying areas such as basic regression theory, panel data, limited dependent variable models and time series methods, as well as using STATA statistical software to analyse real-world datasets.

Established and contemporary microeconomic and macroeconomic theory is studied through a blend of analytics and intuitive reasoning with a strong emphasis on policy application. Microeconomics concentrates on advanced decision making by individuals and firms, the role of information and regulation. Macroeconomics considers the role of of key institutions such as governments and central banks, technological innovation and automation/AI, monetary economics, supply-side economics and adjustment to international shocks.

How do you conduct research? You will develop essential research techniques on this programme so you can confidently undertake either your dissertation, company project or work-based placement opportunity.

Your career

Studying on this programme will give you outstanding training in economics providing you with an exceptional combination of transferable skills and economic knowledge you can take forward into a successful career in the field. You’ll be well placed to pursue careers in public and private sectors finance, banking, local authorities and NGOs upon successful completion, securing roles such as actuarial consultants, data analysts, specialist data consultants, research consultants, statistical forecasting and evaluation (ONS), stock market analysts. You could also progress to undertake further postgraduate studies at PhD level.