About MA (hons) Economics in Heriot Watt University, Edinburgh

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.

This degree will give you the skills to investigate, analyse and answer such questions. Your learning will be underpinned by the knowledge of highly respected economists who design and teach our courses with a global outlook and real-world focus, 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.

Edinburgh Business School was ranked as the Number 1 place in Scotland, and 3rd in the United Kingdom, to study Economics in the Guardian University League Tables 2018, behind only Oxford and Cambridge. It also achieved the highest level of overall student satisfaction in Scotland, and 3rd highest in the UK, in the National Student Survey 2019. 

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.

 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 five specialist pathways:

Employability

Managerial/professional position

• 75% of those working are in a professional/managerial position six months after graduating.

Salary

• The average salary of students six months after graduating: £24000
• The average UK salary of students six months after graduating from a similar course: £22000

Employers

Employers include:

• Procurement Specialist | BP Oil & Gas
• Economics Analyst | Mediacom
• Graduate Economist | PwC Consulting
• Junior Consultant | Ernst & Young
• Trainee Medical Underwriter | Royal London Group
• Management Consultant | PA Consulting
• Graduate Retail Banker | Royal Bank of Scotland
• Business Consultant | Ernst & Young

Academic qualification equivalents

• Students who have successfully completed Standard XII examinations will be considered for entry onto our undergraduate degrees across the full disciplinary spectrum.

English language requirements (one of the below):

• IELTS :6.0
• TOEFL IBT: 80
• PTE: 50-57

Heriot-Watt University Highlights

Heriot-Watt University Average Tuition Fees And Other Expenses

International students applying through UCAS can find their exact tuition expenses by submitting the Fee Status Enquiry form. The cost of living will be determined by the course opted as well as the applicant's nationality. Edinburgh has a comparatively lower cost than other UK cities. Estimate cost of living on and off-campus for UK Campuses is tabulated below: 

Living in a rented flat may vary according to the type of accommodation and facilities being availed. The estimated monthly cost including food and travel is £923.