Economics, MA
Introduction
Economics at Aberdeen helps you understand the global economy and the factors that influence income, wealth, and wellbeing from both social and financial perspectives. You will gain a thorough understanding of economic theories and explore how they function in the real world, acquiring skills that are attractive to top graduate employers.
Study Information
At a Glance
- Learning Mode
- On Campus Learning
- Degree Qualification
- MA
- Duration
- 48 months
- Study Mode
- Full Time
- Start Month
- September
- UCAS Code
- L100
- Pathway Programme Available
- Undergraduate Foundation Programme
Economics at Aberdeen explores the factors that affect political processes, social reforms and international relations within an economic context. You'll study topics including microeconomics of business and society, macroeconomics of the world economy, and economic problems within a variety of political, social and historical contexts.
Our Economics teaching is research-led and delivered by lecturers who are experts in their fields. We have a strong track record in labour, health, and environmental economics—particularly energy transition, given our position in the global energy hub of Aberdeen. You will study topics including the microeconomics of business and society, the macroeconomics of the world economy, and tackle applied economic problems from a variety of political, social, and historical contexts.
What You'll Study
Economics at Aberdeen is a diverse programme that explores the many factors that influence wealth from a social and financial perspective. You will gain an in-depth understanding of economics by studying topics such as the microeconomics of business and society, macroeconomics of the global economy and economic problems within a variety of political, social and historical contexts.
Compulsory Courses
- The Economics of Business and Society (EC1006)
- The Global Economy (EC1506)
- Academic Writing for Business (AW1003)
- Getting Started at the University of Aberdeen (PD1002)
Optional Courses
Plus further credit points from courses of choice to gain a total of 120 credits.
We will endeavour to make all course options available. However, these may be subject to change - see our Student Terms and Conditions page.
How You'll Study
Course delivery is via a mixture of lectures, seminars and small group tutorials.
Learning Methods
- Individual Projects
- Lectures
- Research
- Tutorials
Assessment Methods
Students are assessed by any combination of three assessment methods:
- coursework such as essays and reports completed throughout the course;
- practical assessments of the skills and competencies they learn on the course; and
- written examinations at the end of each course.
The exact mix of these methods differs between subject areas, years of study and individual courses.
Honours projects are typically assessed on the basis of a written dissertation.
Why Study Economics?
- The University of Aberdeen was ranked 12th in the UK in the Guardian University Guide 2025 and 15th in the Times and Sunday Times Good University Guide 2025
- 1st Scotland in Student Positivity for Business Studies and Management Studies in the National Student Survey 2024
- Ranked 13th in the UK for Economics in the Guardian University Guide 2025
- An excellent teaching environment, committed to the needs of industry, which integrates research into teaching, enables transferable skills and develops intellectual skills on a range of contemporary economic problems.
- ACREEF (the Aberdeen Centre for Research in Energy Economics and Finance) headed by leading international petroleum economist Professor Alex Kemp, adviser to the Scottish Government.
- CELMR (the Centre for European Labour Market Research) leading research in education, skills and labour markets so topical today.
- Benefit from professional training facilities such as the Bloomberg finance lab which is used by major financial services companies across the world and integrating real activity in financial markets directly into our students’ courses.
- A thriving Economics Society, organising annual trips to international economic institutions including the European Union in Brussels, the European Central Bank in Frankfurt, and the Organisation for Economic Co-operation and Development in Paris
- With a community of over 130 nationalities at the University of Aberdeen, students are immersed in an environment that enables international discourse creating truly global exchanges, generating deep insights that spark innovative change.
Aberdeen Global Scholarship
The University of Aberdeen is delighted to offer eligible self-funded international on-campus undergraduate students a £6,000 scholarship for every year of their programme.
View the Aberdeen Global ScholarshipEntry Requirements
Qualifications
The information below is provided as a guide only and does not guarantee entry to the University of Aberdeen.
General Entry Requirements
SQA Highers
Standard: BBBB
Applicants who have achieved BBBB (or better), are encouraged to apply and will be considered. Good performance in additional Highers/ Advanced Highers may be required.
Minimum: BBC
Applicants who have achieved BBC at Higher and meet one of the widening participation criteria above are encouraged to apply and are guaranteed an unconditional offer for MA, BSc and BEng degrees.
Adjusted: BB
Applicants who have achieved BB at Higher, and who meet one of the widening participation criteria above are encouraged to apply and are guaranteed an adjusted conditional offer for MA, BSc and BEng degrees.
We would expect to issue a conditional offer asking for one additional C grade at Higher.
Foundation Apprenticeship: One FA is equivalent to a Higher at A. It cannot replace any required subjects.
More information on our definition of Standard, Minimum and Adjusted entry qualifications.
A LEVELS
Standard: BBC
Minimum: BCC
Adjusted: CCC
More information on our definition of Standard, Minimum and Adjusted entry qualifications.
International Baccalaureate
32 points, including 5, 5, 5 at HL.
Irish Leaving Certificate
5H with 3 at H2 AND 2 at H3.
PLEASE NOTE: National 5/ Standard Grade/ GCSE (or equivalent) in Mathematics (or Applications of Mathematics) is required in addition to the requirements noted above.
Entry from College
Advanced entry to this degree may be possible from some HNC/HND qualifications, please see www.abdn.ac.uk/study/articulation for more details.
The information displayed in this section shows a shortened summary of our entry requirements. For more information, or for full entry requirements for Arts and Social Sciences degrees, see our detailed entry requirements section.
English Language Requirements
To study for an Undergraduate degree at the University of Aberdeen it is essential that you can speak, understand, read, and write English fluently. The minimum requirements for this degree are as follows:
IELTS Academic:
OVERALL - 6.0 with: Listening - 5.5; Reading - 5.5; Speaking - 5.5; Writing - 6.0
TOEFL iBT:
OVERALL - 78 with: Listening - 17; Reading - 18; Speaking - 20; Writing - 21
PTE Academic:
OVERALL - 59 with: Listening - 59; Reading - 59; Speaking - 59; Writing - 59
Cambridge English B2 First, C1 Advanced or C2 Proficiency:
OVERALL - 169 with: Listening - 162; Reading - 162; Speaking - 162; Writing - 169
Read more about specific English Language requirements here.
International Applicants who do not meet the Entry Requirements
The University of Aberdeen International Study Centre offers preparation programmes for international students who do not meet the direct entry requirements for undergraduate study. Discover your foundation pathway here.
Fees and Funding
You will be classified as one of the fee categories below.
| Fee category | Cost |
|---|---|
| RUK | £9,535 |
| Tuition Fees for 2025/26 Academic Year | |
| EU / International students | £20,800 |
| Tuition Fees for 2025/26 Academic Year | |
| Self-funded international students commencing eligible undergraduate programmes in 2025/26 will receive a £6,000 tuition waiver for every year of their programme - See full terms and conditions | |
| Home Students | £1,820 |
| Tuition Fees for 2025/26 Academic Year | |
Additional Fees
- In exceptional circumstances there may be additional fees associated with specialist courses, for example field trips. Any additional fees for a course can be found in our Catalogue of Courses.
- For more information about tuition fees for this programme, including payment plans and our refund policy, please visit our Tuition Fees page.
Scholarships and Funding
UK Scholarship
Students from England, Wales and Northern Ireland, who pay tuition fees may be eligible for specific scholarships allowing them to receive additional funding. These are designed to provide assistance to help students support themselves during their time at Aberdeen.
Aberdeen Global Scholarship
The University of Aberdeen is delighted to offer eligible self-funded international on-campus undergraduate students a £6,000 scholarship for every year of their programme. More about this funding opportunity.Funding Database
View all funding options in our Funding Database.
Careers
Studying Economics at Aberdeen will provide you with a wide variety of career choices. Many of our graduates have obtained graduate employment that values their skills in numeracy and economic analysis. Some recent graduates have gone on to work in banks (e.g. Royal Bank of Scotland), consulting firms (e.g. Ernst and Young), financial service companies (e.g. Morgan Stanley), accounting firms (e.g. Deloitte), and government departments.
Job titles of recent graduates include:
- Economist
- Fund Administrator
- Business Analyst
- Accountant
Additionally, being known as the oil and gas capital of Europe, there are many graduate opportunities in Aberdeen and the North East for careers in oil and gas and energy transition.
We also have graduates entering the not-for-profit sector, including the Centre for Global Development, working to reduce global poverty, and the Institute for International Economics, conducting research on topics concerning the international economy.
Industry Links
Typically, our students value the skills in numeracy and economic analysis developed in their studies, which are highly sought after by employers in various sectors, including business, banking, finance, consultancy, education, and government. Moreover, Aberdeen is known as the oil and gas capital of Europe, which provides contact with multinational energy companies and graduate opportunities.
Accreditation
The Business School is EQUIS accredited, placing it among a select group of globally recognised institutions. Out of over 15,000 business schools worldwide, only around 200 schools across 45 countries have attained this distinction.
This degree holds accreditation from
Our Experts
For more details on academic experts and those who will be teaching within your programme discipline please visit the People section of the Business School website.
- Programme Leader
- Benedikt Mihm
Information About Staff Changes
You will be taught by a range of experts including professors, lecturers, teaching fellows and postgraduate tutors. However, these may be subject to change - see our Student Terms and Conditions page.
World Class Facilities
The University of Aberdeen, established in 1495, is Scotland’s third oldest and the UK’s fifth oldest University. The university’s ancient campus reflects its long-standing academic tradition, with historic buildings such as King's College, which dates back to the 15th century. This blend of ancient architecture and modern facilities creates a unique atmosphere where students can experience the best of both tradition and innovation.
Sir Duncan Rice Library
The University’s award winning Sir Duncan Rice Library is listed in the “Top 20 spellbinding University libraries in the World”. It contains over a million volumes, more than 300,000 e-books and 21,000 journals.
Find out more
Aberdeen City
Named Scotland's Safest University City (Unbroken Britain Survey, Provident Financial, 2018) and is in the top 10 in the UK for places to live and work (PricewaterhouseCoopers, 2018).
Affordability
Aberdeen has been named the cheapest place for students to rent private accommodation in the UK. In 2024, StuRents reports that the average price of a student private rental property in the Granite City was just over £96 a week.
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Get in Touch
Contact Details
- Address
-
Student Recruitment & Admissions
University of Aberdeen
University Office
Regent Walk
Aberdeen
AB24 3FX