PDF version of Economics MSc

Contact details

Ms Tina Fowler

Email: econ-pg-enquiries@ucl.ac.uk

Tel: +44 (0)20 7679 5888

Fees and funding

UK/EU 2013/14:

£14,250 (FT)

Overseas 2013/14:

£17,750 (FT)

Full details of funding opportunities can be found on the UCL Scholarships website

More information

Prospectus Entry


Key facts

Research Assessment Rating

95% rated 4* (world-leading) or 3* (internationally excellent)
(What is the RAE?)

The programme information on this page relates to 2013 entry. 2014 content to appear here shortly. 

Economics MSc

Modern economics is an increasingly rigorous discipline and advanced degrees are now essential for careers in international institutions, government and industry. The Economics MSc at UCL will equip the professional economist with the powerful tools required to understand the rapidly changing, complex and uncertain modern world economy.

Degree summary

What will I learn?

The programme aims to provide all students with a sound and worthwhile education in modern Economics and Econometrics, developing important transferable skills of problem-definition, analysis and self-motivation. Students will learn the formal tools that are necessary to understand and conduct cutting-edge research in both theoretical and applied economics.

Why should I study this degree at UCL?

UCL Economics has an outstanding international reputation in the areas of game theory, industrial organisation, econometrics, applied microeconomics and transitional economies.

Large enough to be a centre for wide-ranging research, yet compact enough for staff to be accessible to students, the department's informal and friendly approach provides opportunities for discussion and collaboration spanning disciplinary research themes.

UCL is located in central London at the heart of the UK centre of government. Recognised as the world's best connected city, 75% of the Fortune 500 companies have offices in London.

See subject website for more information:

Degree structure

Availability: Full-time 1 year

Students undertake modules to the value of 180 credits. The programme consists of four core modules (60 credits), four optional modules (60 credits) and a research dissertation (60 credits).

Core Modules

  • Microeconomics
  • Macroeconomics
  • Econometrics
  • Research Methods


  • Advanced Macroeconomic Theory
  • Advanced Microeconometrics
  • Advanced Microeconomic Theory
  • Time Series Econometrics
  • Public Microeconomics
  • Economics of Development
  • The Economics of Migration
  • Health Economics
  • Programme Evaluation for Users
  • Behavioural Economics
  • Macroeconomic Policy
  • Ethics in Welfare Economics
  • Empirical Industrial Organisation
  • Topics in Labour Economics


The dissertation of 10,000 words will be a piece of lightly supervised research, including a brief critical review of the literature in the relevant area.

Teaching and Learning

The programme is delivered through a combination of lectures, seminars, and practical and problem classes. The MSc degree is awarded on the basis of written, final examination papers and the research dissertation.

Further details available on subject website:

Entry and application

Entry requirements

A minimum of an upper second-class Bachelor's degree in Economics with a significant quantitative component from a UK university, or an overseas qualification of an equivalent standard. Applicants with a qualification of an equivalent standard in another quantitative discipline, such as statistics, mathematics, engineering or physics, may also be considered.

For overseas equivalencies see the relevant country page.

How to apply

You may choose to apply online or download application materials; for details visit www.ucl.ac.uk/gradapps

Please make only one application to the Economics Department's MSc programmes (Economics MSc and Economics Policy MSc). The deadline for applications is 3 April 2013. Students are advised to apply as early as possible due to competition for places.

Who can apply?

Because of the focus on analytical rigour and research methods, the ideal candidate is a professional economist with research-oriented interests or someone interested in pursuing an Economics PhD.

What are we looking for?

Together with essential academic requirements, the personal statement is your opportunity to show whether your reasons for applying to this programme match what the programme will deliver. When we assess your application we would like to learn:

  • why you want to study Economics at the graduate level
  • why you want to study Economics at UCL: We want to see what you have found out about how we approach the study of Economics at the MSc level at UCL, and what specific skills and aptitudes you have that will help you succeed on our MSc programme.
  • where you would like to go professionally with your degree
  • Any details of your skills in mathematics, calculus, probability and statistics, or linear algebra
  • About any skills you have with spreadsheets, statistical software, mathematical programming or working with data


Graduates go on to a variety of roles, including those in the civil service, research, finance and political sectors.

First destinations of recent graduates include:

  • Department of Transport: Assistant Economist
  • FSA: Account Associate Manager
  • NERA Economic Consultancy: Research Officer
  • Civil Service: Economic Advisor
  • HM Treasury: Economic Advisor
  • Department of Work & Pensions: Assistant Government Economist
  • Oxera Consulting Ltd: Consultant
  • BGL: Pricing Analyst
  • National Treasury of South Africa: Senior Economist
  • Bank of England: Economist
  • Barclays Capital: Trading Assistant

Find out more about London graduates' careers by visiting the Careers Group (University of London) website:

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