Masters degrees in Microeconomics focus upon specific details of economic processes: the individual decisions, events and other driving causes that determine wider trends. Courses train students to assess supply and demand, the allocation (and value) of scarce resources and the success (or failure) of individual markets.
Most courses within this specialism award MSc degrees. Research qualifications and shorter PGCert or PGDip programmes are also available.
Why study a Masters in Microeconomics?
Postgraduate study in Microeconomics combines a general understanding of advanced economic theory with the ability to assess crucial factors driving real world events and decisions. You will learn how Economics shapes individual markets or the commercial companies and other organisations working within them.
As such these courses are suited to students who wish to study the applications of Economics, as well as (or instead of) broader theories and models.
This specialisation can lead to a wide range of career opportunities. You might provide expert analysis within an individual business or enterprise. Or you might work with policymakers, governments or economic think-tanks.
Microeconomics is also a vibrant research area, with the opportunity to progress to PhD study and further academic work after your Masters.