About this program
Economics MA Hons
The MA (Hons) in Economics provides a structured, cumulative and rigorous foundation in economic concepts, principles, analysis, techniques and knowledge. You will develop your analytical and decision-making abilities through training in quantitative and model-based methods of analysis.
Students studying economics at St Andrews have the opportunity to focus on macroeconomics, choice theory, international economics and development, game theory, international economics and development, competition and innovation, and climate change.
Economics is studied up to Honours level in both the Faculty of Science (BSc) and the Faculty of Arts (MA). Students who have a background in the Arts or who wish to study economics alongside Arts subjects at St Andrews should apply for the MA. For those interested in studying economics alongside Science subjects, the BSc (Hons) in Economics may be of interest instead.
Admission requirements
These grades are the overall standards required to consider you for entry. Find out more about Standard, Minimum and Gateway entry requirements using academic entry explained and see which entry requirements you need to look at using the entry requirements indicator.
- SQA Highers
- GCE A-Levels
- IB points
International applicants
If English is not your first language you will need an overall IELTS score of 7.0, with a minimum score of 6.5 in each component (Reading, Writing, Listening and Speaking), or an equivalent English language qualification.
For more information about admission requirements, please visit the university website.
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Learn moreProgram content
First Year
Students will take all of the following compulsory first-year modules:
- Macroeconomics
- Microeconomics
- Mathematics for Economists
Second Year
Students will take all of the following compulsory second-year modules:
- Intermediate Microeconomics
- Intermediate Macroeconomics
- Statistics for Economists
Honours
If you decide to take Economics in your third and fourth years, you can choose from a wide variety of advanced options. Single-honours students are required to take at least one module in Econometrics.
Here is a sample of Honours modules which have been offered in previous years:
- Decision and Game Theory
- Economic Fluctuations
- Economics of Development
- Economics of the Environment
- European Macroeconomics
- Incentives and Contracts
- Inequality and Redistribution
- Innovation Economics
- International Trade
- Mathematical Economics
- Political Economy
- Public Economics.
Scholarships & funding
Several scholarship options are available. Please check the university website for more information.
Program delivery
When not attending lectures, tutorials and laboratories, you will be expected to continue learning independently through self-study. Typically, this will involve:
- working on individual and group projects
- undertaking research in the library
- preparing coursework assignments and presentations
- preparing for examinations.
Tuition
Career paths
Graduates with a degree in economics have some highly sought-after skills and pursue careers in a wide variety of fields. A degree in economics will greatly enhance your analytic and decision-making abilities. You will significantly improve your quantitative abilities and greatly enhance other transferable skills highly valued by employers.
Popular career destinations among recent graduates include:
- economic consulting
- management consulting
- accountancy
- business intelligence analysis
- broadcasting and journalism
- risk management
- research analysis
- financial services analysis
- stockbroking.
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About this institute
University of St Andrews
The University of St Andrews is Scotland’s first University. As a 600 year-old institution, we are known across the globe for our world leading quality and depth of research. For six centuries some of the world’s brightest and most promising...
Why study at University of St Andrews
Studying in St Andrews is a unique and rewarding experience that will take your skills and knowledge to the next level.
Students at St Andrews have access to some of the world’s best professors and lecturers and a degree from the University of St Andrews is sought after by employers around the world.
In addition to award-winning teaching and research, the University of St Andrews has an array of facilities which result in high levels of student satisfaction and a world class reputation.
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University of St Andrews
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