Master of Science - Economic Policy and Analysis

Economics is more relevant than ever to understand contemporary events in the global economy and provide the tools and techniques for business and governments to analyse and interpret the issues and problems they face. Reflecting the needs of both private and public sector employers, the highly practical MSc prepares students to assess business problems, interpret public policy and effectively communicate the insights that economic analysis can provide. Aimed at those with a genuine interest in the application of economics to real-world situations, this course aims to provide students with an in-depth knowledge of the latest theories, practices and key concepts in economics that underpin public sector policy and business decision making. This includes the various scenarios where we explore opportunity cost, equilibrium and disequilibrium, strategic interaction, market failure and the related concept of externalities. The focus is very much on developing the practical skills needed by a working economist – the ability to apply economic techniques to complex, multi-faceted business problems and provide specialist advice. Students will gain hands-on experience of the industry-standard computing and econometrics software used to analyse and manipulate data.