About Economic Policy And Analysis Msc in University of Westminster, London

This innovative course has been designed to develop your ability to apply economic analysis to policy issues and business problems, which are often ambiguous and multi-faceted. Although there is a strong theoretical core, the course focus of the course is very much on the practical application of economic techniques to problems, and on developing the ability to communicate the insights that economic analysis can provide.

The course aims to provide you with an in-depth knowledge and understanding of the latest developments in economics, with a focus on practical skills and development of the skills needed by a working economist. It is specifically aimed at those with a genuine interest in the application of economics to real-world situations.

As well as enhancing your ability to apply relevant economic principles in the support of policy and strategy development, the course aims to develop your ability to communicate complex issues to wide audiences, your awareness of significant sources of economic and financial data, the problems faced when carrying out policy evaluation and your capability for self-awareness and group working.

You will gain an understanding of the key concepts in economics that underpin public sector policy and business decision making. This includes the various scenarios where we explore opportunity cost, equilibrium and disequilibrium, strategic interaction, market failure and the related concept of externalities.

You'll develop your analytical skills by applying these concepts to current challenges that face the profession, at both macro and micro levels, and in both private and public sectors. This will provide you with the latest insights drawn from both the academic and practitioner arenas.

Students on this course benefit from free access to part of the material on the course reading list and an online subscription to Financial Times. In addition, you will get exposure to a global network of professional economists through a free student membership to the Society of Business Economists.

​​​Academic qualification equivalents

• You will typically need to have one of the following:

• 3-year Bachelor's degree (Honours) from an accredited university with a minimum overall average of 55% or CGPA 6.0 out of 10.0 depending on the university
• 3-year Bachelor's degree (Science) from an accredited university with a minimum overall from 58% or CGPA 6.5 out of 10.0 depending on the university
• 4-year Bachelor's degree (Eng/Tech) from an accredited university with a minimum overall average of 55% or CGPA 6.0 out of 10.0 depending on the university

English language requirements (one of the below):

•  IELTS: 6.5 overall with a minimum 5.5 in each component
• TOEFL iBT : 88 overall with a minimum of 17 in Listening, 21 in Writing, 18 in Reading and 20 in Speaking 
• PTE:58 average with 51 in each component

University of Westminster, London Highlights

University of Westminster Cost of Attendance

The average estimated annual cost for 2020/2021 session is presented on the table below: