Heriot-Watt University


Edinburgh Campus


The MA in Economics does not require prior knowledge of the core discipline of economics. Study begins at an introductory level and the degree has a flexible structure to enable students to tailor their studies so that they can pursue their own interests. As a result, graduates are able to embark upon successful careers, especially in banking, finance, the civil service, a wide range of management roles, and also pursue further study in economics and related disciplines.

First Year: Students will follow introductory modules in Economics, Accountancy and Finance, and Management as well as choosing from a wide range of other elective modules on offer. Students are advised to choose from the elective modules offered in introductory mathematics as these are required for advanced study of economics.

Second Year: Students are introduced to the formal theory of economics and the methods used in applied research. Intermediate Economics covers core microeconomic models of consumer choice and firm behaviour, and macroeconomic models of long-run equilibrium and short-run adjustment. Students also study statistical methods and applications.

Third Year: Some of the modules taken during third year count towards the final degree awarded. Students must complete an econometrics project and a minimum of one other Economics set of modules from a variety comprising: Advanced Microeconomics or Macroeconomics; Development Economics; Economics of the EU; Environmental Economics and International Trade.

Fourth Year: Students take a minimum number of economics modules, and may also elect to study modules from other disciplines with a wide range of subjects on offer including: Company Law; Marketing, Logistics; Taxation; Auditing; and International Finance and Markets.

Entry Requirements

2022 entry requirements:
Standard entry: 4 Highers at AABB (two sittings) plus English and Maths at National 5.

Widening access entry: 4 Highers at BBBC (two sittings) plus English and Maths at National 5.

For entry to Level 2 you would require 2 Advanced Highers at BB plus 4 Highers at AABB including Maths or AABB and Maths at C.

Start Date





MA Hons

Study Method

Full time



Course Length

4 years


School of Social Sciences



SCQF Level



Career Sectors

Administration and Management General


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