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The course

UCAS code
Up to 4 years
Delivery type

Join the UK's 3rd best Economics course taught by globally respected researchers tailored to individual student needs in one of the UK's best cities for students.



The Economics degree at Heriot-Watt University has been ranked 1st in Scotland and 3rd in the United Kingdom in the Guardian University League Tables 2018, behind only Oxford and Cambridge.

One reason for our exceptional ranking is our ‘value-added’ score which has been the best in the UK for 6 of the past 7 years. Value-Added is a rating given to all universities in the UK which measures the first and upper-second class degrees achieved by students against their entry qualifications.

Our Economics MA degree is underpinned by the work of world-leading researchers who design and teach our degrees with a real-world focus. We begin at an introductory level so you don’t need to have any previous knowledge in economics to study the course.

Our degree uses a flexible structure to let you tailor your studies and follow your own particular interest, allowing you to study Economics as a specialism or with an additional discipline through our five specialist pathways:

  • MA (Hons) Economics and Accountancy
  • MA (Hons) Economics and Business Law
  • MA (Hons) Economics and Business Management
  • MA (Hons) Economics and Finance
  • MA (Hons) Economics and Marketing

As a result of this flexibility,  your Economics degree will prepare you for a wide range of successful careers in economics, banking, finance, consultancy or business management. You can also continue with further studies in economics and related subjects like recent graduates who have gone on to study PhDs at world-leading institutions such as Harvard and Cambridge.

Read on for a break-down of the degree structure and for further details about the destinations of our graduates. 

Course content

Detailed course guide
Year 1

Semester 1

  • Management in a Global Context
  • Introductory Microeconomics
  • Introduction to Accounting
  • Introductory Maths

Semester 2

  • Enterprise and its Business Environment
  • Introductory Macroeconomics
  • Introduction to Finance
  • Elective
Year 2

Semester 1

  • Intermediate Economics 1: Theory & Techniques (30 credits)
  • Quantitative Methods
  • Elective

Semester 2

  • Intermediate Economics 2
  • Contemporary Economic Policy & Institutions
  • Statistical Techniques
  • Elective
Year 3

Semester 1

  • Introductory Econometrics
  • Advanced Economics 1

Semester 2

  • Econometrics Project
  • Advanced Economics 2

Across both semesters

  • One Economics option
  • Three electives
Year 4

Semester 1

  • Advanced Economic Policy 1

Semester 2

  • Advanced Economic Policy 2

Across both semesters

  • Four Economics options
  • Two options from Accountancy & Finance, Economics or Business Management