MA (Hons) Economics
- UCAS code
- 4 years
- Delivery type
Economics at Heriot-Watt University's Edinburgh Business School is underpinned by globally active researchers. Our flexible degree focuses on making a difference in the real world. Ranked in the top 10 in the UK for student satisfaction 2023.
Economics is the study of how individuals, firms and governments make choices, and how these choices determine the way in which resources are distributed across society. It helps us understand and improve decision-making for ourselves, organisations and societies, and it throws light on issues as diverse as the environment, unemployment, inflation, poverty, globalisation and trade.
During the economics programme, you'll receive a practice-oriented business education that delivers real-world results. Your learning will be underpinned by the knowledge of highly respected economists who design and teach our courses with a global outlook, stemming directly from their research into global economic issues.
This fascinating undergraduate degree begins at an introductory level so you do not need to have previous knowledge of economics in order to study the programme.
BA (Hons) Economics was ranked in the top 10 in the UK for overall student satisfaction by the Complete University Guide 2023.
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.
Many graduates have continued their studies in economics and related subjects and gone on to complete Master's degrees and PhDs at institutions such as Edinburgh University, Harvard and Cambridge.
You can read a break-down of the degree structure below and find out further details about the destinations of our graduates.
Global College foundation pathway for Economics
If you do not meet the entry requirements for MA (Hons) Economics, you might consider Heriot-Watt Global College, where you can follow an accelerated pathway which will get you onto the second year of this degree.
Heriot-Watt University is accredited as a Bloomberg Experiential Learning Partner, recognising us as a leader in experiential learning in the area of finance.
"Economics affects all of our lives. We as women need a seat at that table” - Dr Rachel Forshall-Joy
I loved that lectures are up-to-date with current economic affairs which makes for exciting, relevant classes. The content of the course includes a variety of diverse topics providing stimulating learning material which challenges you to think. The academics are all very passionate and knowledgeable about Economics. They are also considerate and supportive with any problems or queries you may have.
A flexible structure lets you tailor your studies and follow your own particular interest. MA (Hons) Economics allows you to study the subject in a pure degree or you can choose to pair the subject with an additional discipline through these specialist pathways:
These degrees will equip you with a wide range of quantitative, analytical and communication skills to prepare you for career paths business, management, marketing, banking, finance, policy analysis, and civil service.
- Management in Global
- The Economy
- Introduction to Accountancy and Finance
- Introduction to Marketing
- Academic Skills
- Becoming a Professional
- Discovering Business
- Intermediate Economics 1: Theory and Techniques
- Quantitative Methods 1
- Intermediate Economics 2
- Contemporary Economic Policy and Institutions
- Statistical Techniques
- Introductory Econometrics
- Advanced Economics 1
- Econometrics Project
- Advanced Economics 2
- Dissertation 1
- Advanced Economic Policy 1
- Economics option
- Edinburgh Business School option
Options for Semester 1 are:
- The Contemporary Workforce
- Employment Relations
- Global Business Analysis 2: Global Trends and Risks
- Management Dissertation 1
- International Law of Human Resource Management
- Global Business Analysis 1
- Leisure Marketing
- Managing Business Performance
- Retail Marketing
- International Trade
- Labour Economics
- Economics Dissertation 1
- Topics in World Economic History
- Financial Intermediation
- Accounting History
- Agency Theory and Corporate Governance
- Accounting and Finance Dissertation 1
- Accounting Theory
- Managerial Accounting: Decision Making
- Public Sector Accounting
- Risk Management and Derivatives
- Dissertation 2
- Advanced Economic Policy 2
- Economics option
- Edinburgh Business School option
Options for Semester 2 are:
- Diversity Management
- Digital Marketing
- Management Dissertation 2
- International Entrepreneurship
- International Business Law
- Changing Trends in Employment
- Marketing Sustainability
- Marketing and Management of SMEs
- Team Performance Dynamics
- Strategy and Information Economics
- Economics Dissertation 2
- Development Economics 2
- Macro Analysis and Policy
- A short history of economic thought over 2,500 years
- Economics of the European Union
- Econometric Methods
- Environmental and Natural Resource Economics
- Professional and Critical Theory
- Contemporary Issues in Finance
- Accounting and Finance Dissertation 2
- Corporate Reporting
- International Accounting
- Equity Markets and Fund Management
Discover Uni course data
Discover Uni provides data on each university's degree courses across a range of measures including student satisfaction, graduate jobs and salaries.
Work and study
This is what our MA (Hons) Economics students are doing 15 months after graduating:
- 85% are working
- 5% are studying
- 5% are working and studying.
- The average salary of students 15 months after graduating: £30000
- The average UK salary of students 15 months after graduating from a similar course: £30000
Potential career paths
- Business, Research and Administrative Professionals
- Business and public service associate professionals
Standard entry requirements
- Highers AABB (over two sittings)
- A-Levels BBC - ABB
- Int. Baccalaureate 29 points
- BTEC DDM (Accountancy, Business, Economics, Finance preferred)
- HNC B in graded unit (Accounting or Business preferred)
Minimum entry requirements*
- Highers BBBC
- A-Levels BBC - ABB
* Minimum: under our Fair Access Policy, we will relax our standard entry requirements for some Scottish students depending on their circumstances. Our minimum requirements will apply if you:
- live in an area within the Scottish Index of Multiple Deprivation lowest 20% (SIMD20), or
- are care experienced.
We can also make exceptions for some Scottish students with grades above minimum but below standard. Read more about our Minimum and standard entry requirements
- Advanced Highers BB (AAAB at Higher to include Maths or AAAB plus Maths Higher C)
- A-Levels ABB (at least one of the following preferred: Accounting, Business or Economics and AS Level Maths C)
- Int. Baccalaureate 34 points (including Maths or Economics at Higher Level 5)
- HND BB in graded units (Accounting or Business required)
- BTEC DDD
- Global College Successful completion of our Business with Accelerator Programme
- For all years, applications are welcomed from holders of non-school qualifications, mature candidates and overseas students.
- If you do not see your qualifications here please contact us at email@example.com
- Please check that you meet our University-wide National 5/GCSE (or equivalent) English and Maths requirements.
English language requirements
- If English is not your first language, you have to show that your English is good enough to succeed on your course. Please see our English language requirements.
|England / Wales / N Ireland / Rep of Ireland
|Paid by SAAS
* Your residency 'status' is usually defined as the country where you have been ordinarily resident for the three years before the start of your course. Find out more about tuition fees.
** 'International' includes applicants from European Union countries who do not hold Pre-Settled or Settled status in UK. (This does not include students from the Republic of Ireland - see above). Read more about the application process for EU nationals.
You may incur additional costs in the course of your studies at Heriot-Watt over and above tuition fees in an academic year. Depending on your programme of study, these may include: protective equipment, field trips, professional memberships, studio fees, required course texts or other study resources.
Scholarships and bursaries
Bursaries for students from England, Northern Ireland or Wales
In addition to government loans and grants towards the costs of fees and living costs, we are offering generous financial support to attract and support eligible undergraduate students from England, Northern Ireland or Wales:
- Heriot-Watt University Bursary (up to £3,100 per year)
View our full range of undergraduate scholarships.