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MSc Econometrics and Economics

Gain a thorough grounding in applied and theoretical econometrics

Year of entry: 2022 (September)

Length

1 year full-time

Start date

September 2022 (term dates)

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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.

University of the Year shortlisted

We're proud to announce that we've been shortlisted for two prestigious University of the Year awards.

  • Times Higher Education Awards 2021
  • The Times and Sunday Times Good University Guide 2022

Find out more about our nominations

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

You will take core modules which may include:

Core modules

Option modules

You will take a selection of option modules, examples of which may include:

Our modules may change to reflect the latest academic thinking and expertise of our staff.
Our course structures are changing in September 2023. Find out more about how this course may be affected.

Dissertation

You'll complete a piece of independent research carried out over three months of the summer, guided by a supervisor. The dissertation, of up to 10,000 words, offers you the chance to examine a topic in depth and to develop your academic research skills.

The York approach

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.

Students who complete this course will be able to:

  • 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 policy makers 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 policy makers 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.
Daniel, MSc in Econometrics and Economics

Fees and funding

Annual tuition fees for 2022/23

Study modeUK (home)International and EU
Full-time (1 year) £9,290£19,950

Students on a Student Visa (formerly Tier 4 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 2022/23 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

Living costs

You can use our living costs guide to help plan your budget. It covers additional costs that are not included in your tuition fee such as expenses for accommodation and study materials.

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 Department of Economics and Related Studies 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.
Daniel, MSc in Econometrics and Economics

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

You'll develop a range of transferable skills during the course, including:

  • Independent working
  • Time management and people skills
  • Communicating research
  • Performing statistical analysis
  • Analytical and technical research skills.

Entry requirements

Typical offer
Undergraduate degree 2:1 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:

Minimum requirement
IELTS 6.5, minimum 6.0 in each component
C1 Advanced and C2 Proficiency 176, minimum 169 in each component
Duolingo 110, minimum 100 in all other components
LanguageCert B2 Communicator High Pass with 33/50 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've not 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.

Applying

You can apply and send all your documentation electronically through our online system. You don’t need to complete your application all at once: you can start it, save it and finish it later.

You'll be invited to provide a brief description in your Personal Statement of any econometrics, micro/macro economics, mathematics and statistics courses taken as part of your undergraduate or postgraduate degree studies, detailing core texts used.

Apply for this course

Next steps

Contact us

Get in touch if you have any questions

Professor Takashi Yamagata

Learn more

Department of Economics and Related Studies

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