MSc Energy and Economics

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Tuition fee
Apply by
Start date
Sep 2025
Sep 2026
Duration
Campus
Mode of study
Fees and deadlines depend on the selected options. Fees and currency conversion are approximate.
Offer response
3 days after your application is submitted
Backlogs accepted
This course accepts backlogs

The MSc Energy and Economics is an innovative, new degree programme grounded in the cutting-edge, globally recognised, economic research carried out by Heriot-Watt University on behalf of the energy sector. This programme provides a detailed overview of current energy issues, teaching you to apply core tools of economic analysis to the conversion and use of energy resource. You will develop a bespoke set of skills that will enable you to effectively measure and interpret the environmental and socio-economic impacts of the energy sector. You will also learn how to effectively analyse, appraise and design energy policy, systems and equipment from an economic perspective. You will gain highly-employable specialist knowledge that is crucial within the energy industry. This Energy and Economics Master’s Degree will prepare you for a dynamic career as an energy consultant, or for a graduate job in energy economics across: business, government regulation and environmental NGOs. The dual-focused programme is ideally suited to graduates with an engineering or strong analytical background in subjects such as mechanical engineering, mathematics or economics. It has been developed with numerous distinctive features which will aid your success in future roles. The Economics department at Heriot-Watt has close links to industry-leading organisations such as the World Bank and British Petroleum (BP). You will have access to a number of key industry figures such as Spencer Dale (Chief Economist at BP) who delivers guest economics lectures at Heriot-Watt. Students will also achieve PGDip and PGCert awards in this course.

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Requirements

The requirements may vary based on your selected study options.





















Modules

  • Foundations of Energy
  • Environmental and Energy Economics
  • Electrical Power Systems
  • High Voltage
  • Sustainable Processing
  • Process Intensification
  • Renewable Energy Technologies
  • CFD and Heat Transfer
  • Demand Management and Energy Storage
  • Heat Transfer and Heat Exchangers
  • Strategic Project Management
  • Financial Analysis
  • Quality Management and Engineering
  • Project Management
  • Systems Things and Analysis
  • Emerging Financial Markets
  • Energy Systems and Buildings
  • Development Economics
  • Ventilation and Air Conditioning
  • Research Methods
  • Critical Analysis and Research Project Planning
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    Use our magical AI system, to check your admission chances for this course.
    Tuition fee
    Apply by
    Start date
    Sep 2025
    Sep 2026
    Duration
    Campus
    Mode of study
    Fees and deadlines depend on the selected options. Fees and currency conversion are approximate.
    Offer response
    3 days after your application is submitted
    Backlogs accepted
    This course accepts backlogs