University of Warwick

What you'll study

The Diploma offers a concentrated programme of core modules that build the mathematical and empirical toolkit used in modern economic analysis. Teaching emphasises theory, applied techniques and problem solving, with a balance of lectures, seminars and supervised exercise classes.

• Core microeconomics: consumer and producer theory, general equilibrium, welfare analysis and strategic interaction.
• Core macroeconomics: growth models, business cycles, monetary and fiscal policy, and open‑economy frameworks.
• Econometrics and empirical methods: probability and statistics, linear regression, time series basics, and applied econometric techniques for cross‑section and panel data.
• Mathematical methods for economists: calculus, optimisation, constrained optimisation, and matrix algebra as used in economic modelling.
• Optional modules/electives: students typically choose from areas such as development economics, labour economics, public economics, financial economics, behavioural economics or industrial organisation, allowing some specialisation.
• Project or supervised coursework: the programme normally includes a substantial applied project or a sequence of assessed problem sets to consolidate technical skills; a research dissertation is generally not a feature of the Diploma itself but the programme prepares students for MSc research components.

Entry requirements

Applicants are expected to hold a good undergraduate degree from a recognised university. The programme is designed for graduates who may not have studied economics at undergraduate level but who can demonstrate sufficient quantitative ability. Typical indicators considered include prior coursework in mathematics, statistics, engineering, natural sciences, computer science, or economics; transcripts showing quantitative modules; and academic references that speak to your numerical aptitude and readiness for intensive graduate study.

Equivalent international qualifications are accepted. If English is not your first language, you will need to meet the university's standard English language requirements as demonstrated by an approved test or equivalent evidence. Applications are assessed on academic records, references and the fit of prior training with the demands of the programme.

Career prospects

The Diploma equips graduates with analytical and empirical skills attractive to a wide range of employers and useful as preparation for higher research degrees. Common career paths include:

• economic and public policy roles in government departments, central banks and international organisations;
• analyst and advisory positions in economic consultancies, think tanks and policy institutes;
• research and quantitative roles in financial services, risk management and data analytics;
• further postgraduate study, including progression onto MSc or PhD programmes in economics, finance or related fields.

Why study at University of Warwick

Warwick's Department of Economics is known for its rigorous teaching and research culture, offering access to faculty active in a wide range of theoretical and applied fields. Students benefit from small‑group teaching for quantitative modules, extensive computing and library resources, and a supportive graduate community. The university maintains connections with employers and policy organisations, and its central careers service provides CV advice, interview preparation and recruitment events to help students move into roles that use their economic training. Studying at Warwick offers the combination of a research‑led environment and practical skills development that many employers and advanced programmes seek.