Economics for the real world

With today’s businesses having to do more with less, implementing economic theory is key. This is why we put the practical application of economics at the heart of our economics degree.

By cutting away the abstract ideas and positioning economics firmly in the real world, we can help you apply advanced economics in your chosen field. Based on such secure foundations, our economics degree is ideal for students, with a good level of numeracy, to learn the core economics techniques they need to progress their career.

As the first university in the UK to offer a master’s in applied economics online, this course gives those unable to interrupt their careers to attend campus, a unique opportunity to make their mark.

Quick course facts

Choose Bath online

Taught by published researchers at the Department of Economics, your studies will be fuelled by the latest thinking in economic theory, econometrics and finance. To ground these contemporary ideas and theoretical approaches, our lecturers explore their application in a real-world setting, using case studies and interactive exercises. This approach ensures you have the skills and the confidence to put what you’ve learnt into practice after graduation.

The Guardian recently rated the University of Bath’s undergraduate economics degrees fifth for career prospects after six months.1 Whether you’re looking to work in government or industry, in banking or in finance, we’ll support your career aspirations.

Economics can be as elegant and pure as a break-through mathematical theorem, as effective as an automatic trading algorithm, or as committed as an education or health campaign. By doing the MSc in Applied Economics with Bath you will learn how to see through the economic nature of societal challenges and learn how to turn sophisticated theories into working practice.

Dr. Simona Montagnana


For individuals keen to switch career, or elevate their expertise for a current role, the online master’s in economics is key. The practical application of economics offered here will give you the tools to respond to economics issues in the world of banking and finance and public economics. For professionals such as accountants and lawyers, the course is particularly useful for mastering the economic knowledge necessary to move into policy advice or to head up an economic think tank.


  • Analyse, interpret and critically evaluate economic data and research
  • Apply principles to respond to economic and policy issues
  • Design and implement your own research projects
  • Use micro- and macro-economics to guide strategic decision-making
  • Develop the necessary mathematical, statistical and econometrics skills
  • Acquire research skills to support future commercial or doctoral research

The course met my future career needs by including both economic theory and financial knowledge, giving the whole economics picture and understanding
of financial markets.

Qi Chang


Our active learning environment will keep you connected to the curriculum all the way through to graduation.

  • Engaging video content and real-life case studies
  • Interaction and networking with students and lecturers
  • Digital resources to support your studies and develop your career


The practical techniques and theories taught throughout each of the course units will give you the skills to put economics into action.

With course units covering both applied microeconomics and applied macroeconomics, you’ll gain insights into particular aspects of the economy and its application institutionally, regionally and globally. Units such as applied behavioural finance, public finance and international monetary policy and institutions provide essential knowledge into financial policies and their application in multiple real-world settings.

The course will finish with a project. You will produce a unique piece of research using techniques learned throughout the year.



  • Typically you should have a first or second class bachelor’s honours degree or international equivalent. We welcome applications from those with a 2:2 honours degree (or its international equivalent) in subjects with a high level of economics content
  • To apply for this course, you must have an undergraduate degree in a social science or business-related discipline such as business administration, finance, accounting, international trade, banking, financial management, public finance or politics
  • We may make an offer based on a lower grade if you can provide evidence of your suitability for the degree

International students

  • If your first language is not English you will need IELTS with a grade of at least 6.5 overall and no less than 6.0 in any of the four parts (listening, reading, writing and speaking). If you completed your degree in the UK within the last 2 years, you may be exempt from our English language requirements.

Dr. Simona Montagnana

Simona obtained her PhD degree in Economics of Production and Development from University of Insubria – Italy. Research interests are in the area of economic development, industrial organisation and public policy.

  1. The Guardian University League Tables 2020:
  2. Rankings based on undergraduate data