University of Nottingham

What you'll study

The programme combines core training in microeconomics, macroeconomics and econometrics with applied modules and a supervised dissertation or research project. Students develop analytical and empirical skills using real datasets and standard software used in the profession.

• Core topics: advanced microeconomic theory (consumer and producer theory, general equilibrium, game theory applications), advanced macroeconomic analysis (business cycles, monetary and fiscal policy, dynamic stochastic general equilibrium concepts) and econometric theory (estimation, inference and model specification).
• Quantitative and applied methods: applied econometrics, time series analysis, panel data methods and causality techniques. Practical training typically covers software such as Stata, R and Python for data handling, estimation and empirical work.
• Optional topics: depending on availability and student choice, options commonly include financial economics, labour and public economics, development economics, environmental and energy economics, industrial organisation and experimental/behavioural economics.
• Dissertation / Research project: an independent piece of research supervised by academic staff, which develops a research question, applies appropriate methods and presents empirical or theoretical results. The dissertation is a substantial component that consolidates taught material and demonstrates research competence.

Entry requirements

Applicants are normally expected to hold an upper second-class (2:1) undergraduate honours degree in economics or a closely related discipline with a strong quantitative element. Degrees in maths, statistics, finance or social sciences with substantial econometrics or mathematics are considered if applicants can demonstrate sufficient preparation for advanced economics modules.

• Prior study in microeconomics, macroeconomics and econometrics or statistics is normally required.
• A good level of mathematical ability is expected; A-level or equivalent mathematics is desirable for applicants without a mathematics-heavy undergraduate degree.
• International applicants must meet the University's English language requirements; provide a recognised English qualification or equivalent evidence of proficiency.
• Where academic backgrounds vary, applicants may be assessed on transcripts, references and an applicant statement; relevant professional experience can be taken into account.

Career prospects

Graduates move into a range of roles that value strong analytical and quantitative skills. Common destinations include economic and policy roles in central government departments, national and international organisations, central banks and regulatory bodies; economic, strategy and research positions in consultancy firms and think tanks; and analytical or risk roles in the financial services sector.

The degree also provides a solid foundation for further academic study and many students use the MSc as preparation for a PhD in economics or related disciplines. The School supports employability through careers guidance, employer events and links with organisations that recruit economists.

Why study at University of Nottingham

The School of Economics at the University of Nottingham offers research-led teaching delivered by staff working across core areas of economics. Students benefit from small-group seminars, access to computing and data resources, and opportunities to engage with research centres and seminars that reflect current policy and academic debates.

Nottingham’s campus environment, combined with established links to public, private and international sector employers, provides both a supportive academic community and practical pathways into employment. The School places emphasis on transferable analytical skills and on preparing students for applied careers or doctoral research.