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Economics  MSc


The Economics MSc course at City is designed for postgraduate students wanting to follow a pure Economics Masters degree, rather than a specialised course.

You can choose modules from fields including health economics, financial economics, economic regulation and competition, and development economics, as you build your own 'tailor-made' degree. The postgraduate Economics course also serves as a stepping stone to an Economics PhD.

You will be taught by a highly-research active team of academic staff, with many staff appearing at conferences or writing articles in their areas of expertise. 

Leading Economics MSc course in London

You will benefit from City's London location and our proximity to, and connections with, the City of London. We are minutes away from the Square Mile - London's world-famous financial district - and the headquarters of financial and professional institutions.

Alex McCallum, Alumnus, talks about his experience of City's MSc Economics

Course Fees:

  • Full-time EU: £10,500
  • Part-time EU: £5,350 per year
  • Full-time Non EU: £15,000
  • Part-time Non EU: £7,500 per year

Start Date:

September 2016

How to Apply

Entry Requirements

You should have some mathematical background (A-level, IB, AP or any other equivalent secondary school qualification) and one of the following:

  • a 2.1 (or equivalent) undergraduate degree in economics or a related discipline (e.g. finance)
  • a 2.1 (or equivalent) undergraduate degree in business, management, politics, law, accounting, psychology, quantitative sociology or financial journalism
  • a 2.1 (or equivalent) undergraduate degree in a quantitative discipline (such as mathematics, engineering, computer science or a natural science)

Students with a good 2.2 in one of the above disciplines might be considered on a case-by-case basis.

All students must also meet the English language requirement for the programme as specified in the next section.

English Requirements

All students who join the programme must fulfil the English language requirement in one of the following ways:

  • Hold a degree taught in one of the following countries: Antigua and Barbuda; Australia; The Bahamas; Barbados; Belize; Canada; Dominica; Grenada; Guyana; Ireland; Jamaica; New Zealand; St Kitts and Nevis; St Lucia; St Vincent and the Grenadines; Trinidad and Tobago; United Kingdom; United States of America (This list of majority English-speaking countries is determined by the UKVI. Find out more).
  • Be a national of one of the above countries or Canada.
  • Hold IELTS Academic taken within 2 years of the start of the course, with a minimum of 6.5 overall and a minimum of 6.0 in each component.

Note: We do not accept any of the following as evidence of English language ability for students who require a tier 4 student visa: TOEFL; Cambridge English: Advanced (CAE); Cambridge English: Proficiency (CPE); a degree taught in any country not listed above; a letter or document confirming that the student has been taught in an English-medium educational institution; nor a non-UK school certificate.

INTO English language programmes

If you need to improve your English language skills before you join this programme, INTO City University London offers a range of intensive and flexible English language courses.

Visa Requirements

If you are not from the European Economic Area / Switzerland and you are coming to study in the UK you may need to apply for a visa or entry clearance to come to the UK to study.  

The way that you apply may vary depending on the length of your course; there are different rules for:

  • Students on courses of more than 6 months
  • Students on courses of less than 6 months
  • Students on a pre-sessional English Language course

Please note: If you require a Tier 4 student visa to study in the UK, you cannot undertake any City University London courses on a part-time basis.

For more information see our main Visa page.

When and Where

Start Date:
September 2016

Full-time - one yearPart-time - two years (with an additional three months to submit dissertation, if required)

Course Content

The aim of this course is to develop your critical and analytical abilities in economics. By the time you graduate, you should be able to:

  • Demonstrate knowledge of modern economic theory, at both a micro and a macro level
  • Analyse the strengths and weaknesses of the relevant empirical and theoretical research methodology
  • Demonstrate knowledge of econometric theory and techniques
  • Critically interpret current research in a combination of fields offered, namely, financial economics, health economics, regulation and competition, and development
  • Undertake theoretical or empirical investigations in the fields of your choice, employing appropriate quantitative methods

Course Structure

The teaching takes place over 2 terms from September to June. Full-time students who pass all the taught modules during the main exam sessions finish the programme at the end of September when they submit their dissertation or literature review. Full-time students who successfully complete the taught modules in the August resit exam session submit their dissertation or literature review in December.

Note: for part-time students, the modules are taught on weekdays during the daytime, alongside the students who are studying on the full-time Master’s programme. Please contact us for further details.

We are introducing a revised programme structure for students who join from September 2016.

Students take 1 of the following 2 paths:

  • Dissertation path: 120 credits from taught modules and 60 credits from a dissertation
  • Literature survey path: 150 credits from taught modules and 30 credits from a literature survey.

Core modules for the dissertation path:

  • International Macroeconomics (15 credits)
  • Microeconomic Theory (30 credits)
  • Econometrics (30 credits)
  • Macroeconomics (15 credits)
  • Dissertation (60 credits).

Core modules for the literature survey path:

  • International Macroeconomics (15 credits)
  • Microeconomic Analysis (30 credits)
  • Quantitative Methods (30 credits)
  • Literature Survey (30 credits)

Depending on the path, optional modules include:

  • Macroeconomics (15 credits)
  • History of Economic Thought (15 credits)
  • Economics of Regulation and Competition (15 credits)
  • Health Economics (15 credits)
  • Development Economics (15 credits)
  • The Economics of Micro-Finance (15 credits)
  • Financial Derivatives (15 credits)
  • Asset Pricing (15 credits)
  • Corporate Finance (15 credits)
  • Topics in Corporate Finance (15 credits).

Read the current programme specification (for students starting in 2015).

Teaching and Assessment

Teaching and Learning

The Economics MSc course is designed to be flexible in the range of teaching methods used. You learn through a mixture of lecturing, discussions, analysis of case studies, student presentations and particularly for the quantitative elements of the course, interactive computer-based exercises. You are encouraged to participate actively in the classes.

The taught modules usually run for a term and have three hours of teaching each week. This time may include workshops and tutorials as well as lectures.

Outside your timetabled hours you have access to the university’s library and computing facilities for independent study. Your independent study will include reading recommended books and papers, and “reading around” the field to develop a deeper understanding.

In your third term we organise for experts from outside City to come in and present current research on both methodological and applied topics. This gives you wider insight into current issues and topics in economics, thus strengthening your knowledge and expertise.

For the dissertation or literature survey, each student is allocated a supervisor, who will guide you in your research and writing for this module.

We also offer pre-sessional induction courses covering topics such as probability, microeconomics and the Stata software.

Most of the academic staff in the department are actively involved in postgraduate teaching. Find out more about us by reading our individual staff profile pages.


For each taught module, you are assessed through a combination of coursework and one final examination. For most modules the coursework contributes 30% of the overall mark and the examination contributes 70%. The nature of the coursework which the lecturer assigns varies according to the module, for example essays, presentations or computer-based data analysis and calculations.

Overall assessment is based on your performance in the taught modules and a dissertation or literature survey. Students require 180 credits to pass the MSc. The weighting of each module within the overall mark is determined by the credit value assigned to that module.

Read the full current programme specification (for students starting in 2015)


  • Full-time EU: £10,500
  • Part-time EU: £5,350 per year
  • Full-time Non EU: £15,000
  • Part-time Non EU: £7,500 per year


For up-to-date information about tuition fees, living costs and financial support, visit Postgraduate Fees and Finance.

Future Finance Loans

Future Finance offers students loans of between £2,500 and £40,000 to help cover tuition fees and living expenses. All students and courses are considered. All loans are subject to credit checks and approval for further details please visit the City Finance website.


Graduate Loyalty Discount

The School of Arts & Social Sciences offers a 10% discount on tuition fees for all City graduates.

Career Prospects

On completing the Masters in Economics course you will have a range of employment possibilities, to some extent determined by the electives you choose.

For example, if you choose two financial economics electives, one from health economics and the fourth from economic regulation and competition, you may work in the financial industry as a consultant, or in the health industry as a financial analyst, or in any industry that requires a financial or industry analyst.

This course will enable you to...

Graduates of the MSc are also ideally-equipped to pursue an Economics PhD, either here at City or at another institution.

Application Deadline

There is no fixed application deadline. We close applications when the course is full, so we encourage you to apply early.

MSc Economics

To apply you will need to submit:

  • An application form
  • A personal statement explaining why you want to take this course and how your experience and academic qualifications make you a suitable applicant
  • An official copy (and certified English translation if relevant) of your undergraduate academic transcript, or a provisional transcript and translation if you have not yet completed your undergraduate degree
  • An official copy (and certified English translation if relevant) of your undergraduate degree certificate (if this is available)
  • If you have undertaken a postgraduate degree, an official copy (and certified English translation if relevant) of your postgraduate academic transcript and degree certificate
  • A copy of your passport

You can submit the following later if it is not yet available:

  • Proof of meeting the English language requirement: proof of being a national of a country on the list of majority English-speaking countries; a certificate for a degree studied in a country on the list of majority English-speaking countries; or a copy of your IELTS results

The Department of Economics does NOT require references when you submit your application. However, the Admissions Tutor might request them at a later date to help make a decision on your application.

Application Forms

We strongly encourage you to apply online and upload scanned copies of your supporting documents:

If you are unable to apply online, you can download the application form here: