Course Summary
This masters degree will equip you with the economic knowledge and skills to be able to analyse and address the most pressing global and social challenges of our time.
College Link
Career Sectors
This course prepares you for working in the Career Sectors below. Follow the links to get a fuller understanding of the sectors you are preparing for.
Entry Requirements
Your spoken and written English must be of an adequate standard for postgraduate study. If English is not your first language, we recommend that you will need a minimum score of 6.5 under the International English Language Testing System (IELTS). Please see the IELTS website for details. If you’re not sure whether your English skills are good enough, there is some help and guidance at our Skills for OU Study website.
Application Details
See Course Web Page link for next start date.
Fees
The Student
Career Interests
This course is typically suited for people with the following Career Interests. If these interests do not describe you, this course may prepare you for work you may not find satisfying.
Investigative
The Investigative person will usually find a particular area of science to be of interest. They are inclined toward intellectual and analytical activities and enjoy observation and theory. They may prefer thought to action, and enjoy the challenge of solving problems with sophiscticated technology. These types prefer mentally stimulating environments and often pay close attention to developments in their chosen field.
Administrative
Administrative people are interested in work that offers security and a sense of being part of a larger process. They may be at their most productive under supervisors who give clear guidelines and while performing routine tasks in a methodical and reliable way.
They tend to enjoy clerical and most forms of office work, where they perform essential administrative duties. They often form the backbone of large and small organisations alike. They may enjoy being in charge of office filing systems, and using computers and other office equipment to keep things running smoothly. They usually like routine work hours and prefer comfortable indoor workplaces.
Career Progression
This qualification will equip you with the core skills of policy relevance needed to engage with current and vitally important social issues that have economic aspects such as health, social and global inequalities, environmental sustainability and migration.
You will develop the ability to demonstrate core employability skills at an advanced level, including numeracy, information literacy, collaborative work and independent research skills. Moreover, since topics such as the functioning of markets, the behaviour of economic agents, and decision-making under conditions of risk are inherent, economics modules strongly deliver the awareness of business and customers that employers seek.
Qualifications in economics are inherently attractive to employers because of the various skills learned by graduates, including analytical thinking, model building, numeracy and data analysis. What do Graduates do? 2023 reports that "Economics graduates who had undertaken significant further study had the highest average salaries."
Duration
How long it takes
This qualification has a required study order. You will be able to complete this masters qualification within two years by studying one module each year.