Transport Economics, M.Sc.

  • Application Deadline
  • 12 months
  • English


* Visit the Institute for Transport Studies at our Open Day on 4th May - book your place at *

Develop a suite of economic skills that will help promote economic growth within a regulatory framework that minimises any damaging health and environmental impacts, whilst incentivising the best use of resources.

Expand your fluency in:

  • Economic appraisal – to better understand the complex interface between transport and the wider economy
  • Micro-economics – to understand pricing techniques, the importance of economic regulation and the valuation of third party costs and benefits
  • Econometrics – to develop your quantitative models with real world data and test economic theories
  • Independent research – opening the gateway to a career in transport research in either academia or consultancy.

Also experience what it is like to be part of a project team working across disciplinary boundaries within the transport sector. Through this, gain insights into how economics, planning, environmental science, modelling and engineering can work together to design sustainable solutions to global challenges. This industry-inspired approach will enable you to apply your knowledge to real-world issues in the field.

A degree from ITS opens up a range of opportunities to develop a challenging and rewarding career. Transport consultancies are the largest employers of ITS graduates, but other common careers include those in government, academia, regulatory bodies, transport operators, logistics companies, not-for-profit and international agencies.

ITS graduates work across the private and public sectors. Many work abroad, whether for UK companies with overseas offices, for international organisations or for national governments.

The organisations that have advertised and/or recruited directly from ITS include Arup, Mott MacDonald, AECOM, Capita, Transpennine Express, Transport for London, Pell Frischmann, Leigh Fisher, JMP, Amey and Hyder among many others.


The Transport Economics Masters fulfills the educational requirements for membership of the Chartered Institute of Logistics and Transport (CILT UK).

Programme Structure

Courses Included:

  • Shaping Future Transport Systems
  • Principles of Transport Economics
  • Welfare Economics and Cost-Benefit Analysis
  • Transport Econometrics
  • Economics of Regulation
  • Economic Appraisal and Economic Performance
  • Transport Dissertation
  • Transport Integrated Project
For more information, please visit the programme website.

                Detailed Programme Facts

                • Programme intensity Full-time
                  • Full-time duration 12 months
                  • Duration description

                    12 months full time, 24 months part time

                • Credits
                  180 alternative credits
                • Languages
                  • English
                • Delivery mode
                  On Campus
                • More information Go to the programme website

                English Language Requirements

                You only need to take one of these language tests:

                • 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.

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                • Minimum required score (Grade B2):


                  The CAE test – or the Cambridge Advanced English – is an exam for applicants who wish to get a Certificate in Advanced English. To receive the Advanced certificate, test-takers must score between 142 and 210 on the Cambridge English: Advanced test. Read more about CAE.

                  Note: degree programmes and applications may require a more specific minimum score for admission.

                • Minimum required score:


                  The TOEFL – or Test Of English as a Foreign Language – offers an internet-based test (iBT). The final, overall iBT score ranges between 0 and 120, and includes a scaled average from the four components (reading, listening, speaking, and writing). Read more about TOEFL (iBT).

                Academic Requirements

                You need the following GPA score:

                Required score: Upper Second Class

                Applicants for graduate programs must have the equivalent of a bachelor’s degree with a minimum GPA equivalent to Upper 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).

                Entry requirements

                A bachelor degree with a 2:1 (hons) in economics (single or joint honours).

                Graduates from other disciplines with professional qualifications and experience in the sector will also be considered.

                We accept a range of international equivalent qualifications. 

                For more information, please visit programme website.

                Tuition Fee

                • International Applies to you

                  19500 GBP/year
                  Tuition Fee
                  Based on the original amount of 19500 GBP for the full programme and a duration of 12 months.
                • EU/EEA Applies to you

                  8500 GBP/year
                  Tuition Fee
                  Based on the original amount of 8500 GBP for the full programme and a duration of 12 months.
                We've labeled the tuition fee that applies to you because we think you are from and prefer over other currencies.


                The Institute, the University of Leeds and other organisations administer a number of scholarships each year for UK, EU and international students.

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