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Course options

  • Qualification

    MSc - Master of Science

  • Location

    City Centre Campus

  • Study mode

    Full time

  • Start date


  • Duration

    1 year

Course summary

Open to graduates of any discipline, our MSc Applied Economics will give you the opportunity to explore economic theory and apply it to real world challenges and scenarios.

The Covid-19 pandemic has caused millions of deaths around the world, but it has also triggered an economic crisis of enormous magnitude.

Economics is at the heart of many of society’s biggest challenges. How can the world recover from the Coronavirus pandemic? How do governments decide where to spend public money? How can we reduce crime and poverty? Can the next generation expect to be worse off than previous generations?

This Employability-focused Applied Economics MSc will provide you with a robust theoretical and practical preparation to address those questions and to be ready for the challenges of the future.
Aimed both at those who have studied economics and want to develop their knowledge in practical application, and those who haven’t and wish to do a conversion course, the content of this course is business-relevant and informed by the very latest research in the field.

You will explore the principles and theories of Macroeconomics, Microeconomics and Econometrics, gaining a detailed understanding of the contemporary knowledge in these areas with a focus on the application to real world problems.

A key feature of our MSc Applied Economics programme is the integration of a finance module which will enable you to develop specialist skills necessary to pursue a career in economics and allied areas.

Through gaining a sophisticated understanding of economics in practice this MSc Applied Economics will give you the chance to expand your career options by combining knowledge gained in your undergraduate programme with a specialised master’s degree.


Graduates of this course will be perfectly prepared to pursue a wide range of professional and graduate management positions in economics, finance and related areas.

As part of this course you will build a portfolio of materials that can be presented to employers to demonstrate your development and appropriateness for roles in the economics field, the content of which will be informed by the work you undertake in the modules you study.

This course is also ideal if you’re interested in a career in academic research, and successful graduates may be eligible for advanced entry onto our PhD or DBA programmes.

You may go on to complete PhDs in economics and pursue successful careers as academic or research economists. Alternatively, you may move directly to employment in roles as economists with the central banks, government departments, regulatory agencies, financial sector institutions and consultancy firms. Potential job roles this programme could lead to include:
• Economist.
• Policy adviser.
• Investment analyst.
• Data analyst.
• Economic researcher.
• Management consultant.
• Journalist.

Application deadline

30 June 2021

Tuition fees

Students living in United States
(international fees)

£ 16,000per year

Tuition fees shown are for indicative purposes and may vary. Please check with the institution for most up to date details.

University information

Northumbria University, Newcastle

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  • Campus address

    Northumbria University, Northumberland Building, Northumberland Road, Newcastle upon Tyne, Northumberland, NE1 8ST, England

Students from around the world come to Northumbria for its reputation in design, engineering, history, law, business and architecture, amongst others.
Northumbria has an international community of students from over 140 countries, and decades of experience in welcoming students to the city of Newcastle.
Northumbria is one of the leading new universities in the UK.

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