The Guardian University Guide 2018 ranked Heriot-Watt as the number 1 university in Scotland for Economics and 3rd best in the UK.

View all Economics courses

Economics is the study of how individuals, firms and the government make choices, and how these choices determine the way in which resources are distributed across a society. It is about much more than money: economics is a way of thinking about the world that enables us to understand and improve decision making and throws light on issues as diverse as the environment, unemployment, inflation, poverty, globalisation and trade.

Our degree courses aim to equip students with a range of quantitative, analytical and communication skills which are highly valued by a wide range of employers, including those in business, banking and finance, and the civil service.


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    Skills gained:

    • ability to reduce complex problems to simple components
    • statistical techniques to test theories
    • use of incentives upon behaviour
    • framework development for the analysis of business decisions, government policy and the economy as a whole
    • Analytical and critical thinking
    • Effective oral and written communication of ideas.

    Teaching and assessment

    Learning methods include:

    • lectures
    • tutorials
    • self-directed study.

    Assessment involves submitting coursework, sitting exams, presentations and projects. Honours degree awards are based on the average mark obtained in qualifying courses completed over the last two years of full-time study.

    Prizes and scholarships

    Prizes are awarded to top students in Years 1, 2, 3 and 4 of our Economics courses. In addition several companies sponsor prizes that are awarded to students.