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MSc Economics

Course Description

This programme combines an advanced understanding of core economic principles with a focus on their practical application – all within one of the UK’s top economics schools.


At the University of Surrey, you will discover a School of Economics that enjoys a leading reputation for research and teaching built upon a commitment to theoretical and rigorously founded applied work.

One of the top Economics schools in the UK, we offer programmes that provide you with a fundamental education in the skills necessary for using economics in your future career or in undertaking PhD research. They also allow opportunities for you to specialise in all aspects of the discipline, according to your own particular interests or career aspirations.

Visit the website http://www.surrey.ac.uk/postgraduate/economics


This programme will provide you with a thorough training in the core areas of microeconomics, macroeconomics and econometrics. At Surrey, we produce MSc graduates who are not only well-trained technically in these areas, but also possess the ability to bring their analytical strengths to bear on applied issues.

Our MSc in Economics includes training in research methodology, which will help you to develop the skills needed to undertake independent research in economics. The dissertation provides the opportunity to use these skills under individual supervision by an academic.

The range of elective modules allows you to tailor your education according to your own particular interests or career aspirations. Including topics as varied as energy economics, financial theory, and the economics of human resources, these modules encapsulate the broad range of academic expertise within the School.

Programme structure

The programme consists of six compulsory modules, two elective modules, a module in research methods, and a dissertation. You will also study an initial week of Quantitative Methods Induction.

Compulsory modules:

Econometrics I
Econometrics II
Advanced Microeconomics
Advanced Macroeconomics

Elective modules:

Energy Economics and Technology
Economics of the Firm
International Trade Theory
International Finance and Developing Economies
Energy Regulation and Policy
Theory of Finance
Empirical Methods in Energy Economics
Financial Econometrics
Economics of International Oil and Gas
Human Resource Economics
Topics in Development Economics
Applied Policy Analysis
Microeconomics of the Public Sector
Policy Evaluation: Techniques and Applications
Advanced Topics in Health Economics

Teaching and assessment

Modules are usually assessed by coursework and examinations. Typically, the coursework accounts for 25 per cent of the marks and the examination for 75 per cent. Coursework may take various forms, including essays, class tests, exercises and presentations. The Research Methods component is part of the Dissertation module and is assessed by coursework. This includes a presentation and a research proposal for your chosen area of study for the dissertation.

Candidates are required to gain at least 120 credits from taught modules. They will then be allowed to proceed to the dissertation which contributes 60 credits to the overall MSc. Upon satisfactory completion of the dissertation, the candidate will have achieved the required minimum of 180 credits for the award of the MSc. The minimum number of credits for a Postgraduate Certificate is 60. The minimum number of credits for a Postgraduate Diploma is 120.

The Ting Memorial Prize

A prize of £100, established in memory of Mr Check Yew Ting who died in 1979 while studying on the MSc Economics Course, awarded to the student with the best overall performance in Economics on the Masters degree course.


All MSc programmes and research degrees enjoy ‘1+3’, ‘3’ and CASE ESRC recognition (full-time and part-time).

Find out how to apply here - http://www.surrey.ac.uk/apply/postgraduate

Visit the MSc Economics page on the University of Surrey website for more details!

Student Profiles

Discounts for Surrey graduates - No. of awards TBC

If you are a self-funded UK, EU or international student who has studied for an undergraduate degree at the University of Surrey campus in Guildford, you could be eligible for a ten per cent discount on our taught postgraduate Masters programme fees. This scheme is for applicable to Postgraduate Taught entry students only and is reviewed annually.Students who graduated in 2013 are eligible, as well as alumni from previous years, on receipt of evidence of the award from Surrey and where we can identify that you actually studied in Guildford. Students from SII-DUFE are eligible for this scheme.Associated Institution students are not eligible. Not available to modular self-pacing students.

Value of Scholarship(s)

10% tuition fee discount


If you are a self-funded UK, EU or international student who has studied for an undergraduate degree at the University of Surrey campus in Guildford

Application Procedure

If you have any enquiries regarding this matter please contact the Student Fees and Funding Office on [email protected]

Further Information


Entry Requirements

Applicants should normally hold a minimum of a Bachelors degree (a good UK 2.2) in economics or an equivalent qualification. Applicants without a Bachelors degree in economics should normally hold a 2:1 or equivalent qualification. Each applicant is assessed on their own merit. Applicants who have a joint degree in economics and a related discipline, or who have had a wide involvement in the field of their desired specialisation will be considered, as may graduates in engineering, mathematics and science. ENGLISH LANGUAGE REQUIREMENTS: IELTS min overall 6.5; IELTS min by component 6.0.

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