Upon completion of our course you will be able to think strategically and will be equipped to discuss economic theory in plain language, relating it to managerial decisions and market intelligence. You explore topics including:
Contract theory, incentive theory, and the theory of the firm
Real-world management decision-making
The interaction between firms in different market structures
How strategic interactions can affect sales and profitability
The main principles and theories of modern microeconomics
We are top 5 in the UK for research, with over 90% rated as “world-leading” or “internationally excellent”. Much of this world-class research is related to policy, and we have particular strengths in the areas of:
Game theory and strategic interactions
Theoretical and applied econometrics
The quality of our work is reflected in our stream of publications in high-profile academic journals, including American Economic Review, Econometrica, and Review of Economic Studies.
Our expert staffStudy and work alongside some of the most prominent economists of our time.Our researchers are at the forefront of their field and have even received MBEs, with students coming from across the globe to study, research or work with us.Many of our researchers also provide consultancy services to businesses in London and other major financial centres, helping us to develop research for today's society as well as informing our teaching for the future.
Specialist facilitiesTake advantage of our wide range of learning resources to assist you in your studies:
Extensive software for quantitative analysis is available in all computer labs across the university
Access a variety of economics databases and multiple copies of textbooks and e-books in the Albert Sloman Library
After completing your masters, you may wish to extend your knowledge with a research degree – many Essex graduates decide to stay here for further study.
Alternatively, our course also prepares you for employment; recent surveys have shown that higher degree graduates are more likely to obtain jobs at professional or managerial level.On our course you gain key employability skills including mathematical techniques, research skills, communication and modelling.
More generally, our graduates find employment in roles such as business and financial analysts, management consultants, government officials, and economists for banks and other financial organisations.
We also work with the university’s Employability and Careers Centre to help you find out about further work experience, internships, placements, and voluntary opportunities.
Our University is one of only 21 ESRC-accredited Doctoral Training Centres in the UK.
This means that our course can form part of a prestigious 1+3 funding opportunity worth up to £21,575.
Courses Included:Year 1
You can apply until:
Always verify the dates on the programme website.
You need the following IELTS score:
Minimum required score:
The IELTS – or the International English Language Test System – tests your English-language abilities (writing, listening, speaking, and reading) on a scale of 1.00–9.00. The minimum IELTS score requirement refers to which Overall Band Score you received, which is your combined average score. Read more about IELTS.Book IELTS
StudyPortals Tip: The UK government has confirmed new English-language testing requirements for visa and immigration purposes. Learn more
You need the following GPA score:
Applicants for graduate programs must have the equivalent of a bachelor’s degree with a minimum GPA equivalent to Lower Second Class on the UK Honour scale. Admitted applicants typically have an undergraduate GPA of or better on the UK Honour scale. No exam grade should be lower than 4.5 (European grade scale) or D (American grade scale).
Your GPA (Grade Point Average) is calculated using the grades that you received in each course, and is determined by the points assigned to each grade (e.g. for the US grading scale from A-F).
For up-to-date information on funding opportunities at Essex, please visit: www.essex.ac.uk/funding.
StudyPortals Tip: Students can search online for independent or external scholarships that can help fund their studies. Check the scholarships to see whether you are eligible to apply. Many scholarships are either merit-based or needs-based.
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Together with the ISIC Association and British Council IELTS, StudyPortals offers you the chance to receive up to £10000 to expand your horizon and study abroad. We want to ultimately encourage you to study abroad in order to experience and explore new countries, cultures and languages.