MSc Econometrics and Economics
Gain a thorough grounding in applied and theoretical econometrics
Year of entry: 2025 (September)
The public and private sectors are gaining an increasing awareness of the value of quantitative skills to assess and use evidence from large amounts of data, making econometricians highly sought after.
Build the essential skills that you need to follow a professional career, or pursue further research, in applied and theoretical econometrics. This course is aimed at those with a prior knowledge of economics and econometrics, and/or mathematics and statistics.
Course content
You'll follow a core course in advanced economic and econometric theory.
The modules are taught by world-leading experts in areas of economic theory, microeconometrics, panel data analysis, time series, spatial econometrics and nonparametric methods.
Applied econometrics modules will equip you with state-of-the-art data analysis skills.
You'll also develop your skills in analysing economic and financial data, and using econometric software widely employed by the leading researchers in the world.
Modules
Core modules
- Advanced Microeconomics
- Advanced Macroeconomics
- Econometric Methods for Research
- Applied Microeconometrics or Time Series Econometrics
Option modules
You will also study two option modules. Examples from previous years have included:
- Public Policy Analysis
- Principles of Emerging Market and Development Economics
- Evaluation of Health Care
- Information and Strategy
- Topics in Development Economics
- Public Economics
- Applied Microeconometrics (if not taken as a core module)
- Time Series Econometrics (if not taken as a core module)
- Money, Banking and Corporate Finance
- Macro Finance
- Design and Analysis of Mechanisms and Institutions
- Evaluation of Health Policy
- Economics of Health and Health Care
Our modules may change to reflect the latest academic thinking and expertise of our staff, and in line with Department/School academic planning.
Learning outcomes
Every course at York is built on a distinctive set of learning outcomes. These will give you a clear understanding of what you will be able to accomplish at the end of the course and help you explain what you can offer employers. Our academics identify the knowledge, skills, and experiences you'll need upon graduation and then design the course to get you there.
Learning outcomes for this course
- Use deductive reasoning and logical experiments to explain and evaluate given hypotheses concerning the causal development of real-world events with the aim of informing policymakers and/or business managers, starting with simplified models and then developing them to take into consideration increasingly complex interactions among agents, future uncertainty, and counterfactual “what if” scenarios
- Formulate appropriate economics or financial models for data analysis, identify and apply suitable state-of-the-art statistical methods to estimate the associated econometric models using specialised statistical or econometric software, and provide quantitative forecasting and counterfactual analysis if necessary to inform policymakers and/or business managers
- Produce rigorous, unambiguous, and well-reasoned written, mathematical and statistical statements that clearly identify assumptions and the logical steps taken to justify conclusions using carefully defined terminology
- Use inductive reasoning to develop generalizable conclusions from particular facts, patterns and trends of emerging “real world” economic or finance problems, comparing them to similar historical episodes, and analyse them with logical coherence using data analysis if appropriate.
- Use bibliographic databases to independently identify and locate relevant and current economic and finance research literature, then critically evaluate the material to determine its usefulness and validity, with the aim of summarising findings to inform and maintain the currency of their own and others’ intellectual and professional knowledge and understanding.
- Produce effective written communications, which identify relevant material for their intended audience, articulate a well-focused central argument and critical position on the topic supported by clear data-analysis summaries, and that are adapted to the appropriate genre for their intended readers (report, academic thesis, etc).
- Plan and manage a project with minimal guidance informed by relevant and current knowledge, identifying an appropriate methodology to apply well-developed skills in research and logical analysis, and effectively communicate results.
An MSc in Econometrics and Economics is ideal for those who have an interest in using econometric methods and techniques to really get to grips with the important economic and social problems of our time.
Fees and funding
Annual tuition fees for 2025/26
| Study mode | UK (home) | International and EU |
|---|---|---|
| Full-time (1 year) | £11,200 | £25,900 |
Students on a Student Visa are not currently permitted to study part-time at York.
Fees information
UK (home) or international fees? The level of fee that you will be asked to pay depends on whether you're classed as a UK (home) or international student. Check your fee status.
Find out more information about tuition fees and how to pay them.
Funding information
Discover your funding options to help with tuition fees and living costs.
We'll confirm more funding opportunities for students joining us in 2025/26 throughout the year.
If you've successfully completed an undergraduate degree at York you could be eligible for a 10% Masters fee discount.
Funding opportunities
Chevening Scholarships
We are pleased to work with Chevening Scholars to offer funding for our Masters programmes. Chevening Scholarships provide one year of fully-funded postgraduate study in the UK for international (including EU) students. The scholarships are open to early and mid-career professionals who have the potential to become future leaders.
Teaching and assessment
You’ll work with world‐leading academics who’ll challenge you to think independently and excel in all that you do. Our approach to teaching will provide you with the knowledge, opportunities, and support you need to grow and succeed in a global workplace.
Teaching format
This Masters combines a variety of different teaching methods, including:
- lectures
- seminars
- problem-solving classes
- practical computer-based sessions.
A member of the teaching staff will act as your supervisor throughout the degree, to help guide your studies and monitor progress.
The department also has a vibrant research community. You’ll be able to attend seminars and research workshops in which staff and invited speakers discuss their research.
Teaching location
You'll be based in the on Campus West. Most of your teaching will take place in Alcuin College and elsewhere on Campus West.
About our campus
Our beautiful green campus offers a student-friendly setting in which to live and study, within easy reach of the action in the city centre. It's easy to get around campus - everything is within walking or pedalling distance, or you can always use the fast and frequent bus service.
Assessment and feedback
Formal types of assessment in this course include:
- Dissertation
- Exams
- Group project
- Seminar presentation
- Essays
As you study modules you’ll take part in assessments that do not contribute to your final mark, instead giving useful feedback on your progress and understanding.
York is the ideal place to study for your MSc as it provides you with all the opportunities to reach your potential, both during your degree and in your subsequent career. I fell in love with the city of York instantly, and the teaching is world class, with world leaders in micro and time-series econometrics.
Careers and skills
This course will act as a springboard to a professional career in applied economics and econometrics. It is also an ideal preparation for a PhD.
Career opportunities
- Policy Associate
- Economist
- University researcher
- Risk manager
- Civil Service Fast Streamer
- Management consultant
Transferable skills
- Independent working
- Time management and people skills
- Communicating research
- Performing statistical analysis
- Analytical and technical research skills.
Entry requirements
| Qualification | Typical offer |
|---|---|
| Undergraduate degree | 2:2 or equivalent in a subject with sufficient econometrics and economics content. A strong background in mathematics or statistics would be an advantage. |
| Other qualifications and experience | If you have been out of study for a while, or do not have a strong background in economics or mathematics and statistics but have other relevant qualifications or experience, you may be required to take the Summer Session in Economics and Quantitative Methods as a condition of your offer. Alternatively, the Session can also be taken as a stand-alone course. |
| Other international qualifications | Equivalent qualifications from your country |
Additional requirements
If you have been out of study for a while, or do not have a strong background in economics or mathematics and statistics but have other relevant qualifications or experience, you may be required to take the Summer Session in Economics and Quantitative Methods as a condition of your offer. Alternatively, the Session can also be taken as a stand-alone course.
English language
If English isn't your first language you may need to provide evidence of your English language ability. We accept the following qualifications:
| Qualification | Minimum requirement |
|---|---|
| IELTS (Academic and Indicator) | 6.5, minimum 6.0 in each component |
| Cambridge CEFR | B2 First: 176, with 169 in each component |
| Oxford ELLT | 7, minimum of 6 in each component |
| Oxford Test of English Advanced | 136, minimum 126 in each component |
| Duolingo | 120, minimum 105 in all other components |
| LanguageCert SELT | B2 with 33/50 in each component |
| LanguageCert Academic | 70 with a minimum of 65 in each component |
| Kaplan Test of English Language | 478-509, with 444-477 in all other components |
| Skills for English | B2: Merit overall, with Pass with Merit in each component |
| PTE Academic | 61, minimum 55 in each component |
| TOEFL | 87, minimum 21 in each component |
| Trinity ISE III | Merit in all requirements |
For more information see our postgraduate English language requirements.
If you haven't met our English language requirements
You may be eligible for one of our pre-sessional English language courses. These courses will provide you with the level of English needed to meet the conditions of your offer.
The length of course you need to take depends on your current English language test scores and how much you need to improve to reach our English language requirements.
After you've accepted your offer to study at York, we'll confirm which pre-sessional course you should apply to via You@York.
Next steps
Contact us
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