How do individuals and organisations produce, consume and sell goods and services? How can a country or individual make better use of the resources it has? Economics is not only about stocks and shares and financial markets, it relates to every aspect of our lives where there is a demand to produce and supply goods and services.
This is one of our most flexible undergraduate courses with the greatest choice of modules. Our BSc differs from our BA Economics in the level of mathematics you study. This course has a more demanding mathematics and analytical element and you take compulsory advanced maths options in your second year. You spend your third year abroad.
Whether you have already studied aspects of economics, this course gives a thorough introduction to all aspects of economics and mathematics, including micro and macroeconomics, and introduces you to quantitative research methods (this is common across all our courses). You also have the opportunity to take optional modules from across our Department or our University.
During your second year, you build on these skills, maintaining the flexibility and choice of modules, and in your third year you specialise in areas that you find most interesting. You are required to complete a project in your third year (applicable to all our courses) and this is an excellent way to evidence the skills you have learnt to future employers or prepare you for postgraduate study.
Whether you continue studying or go into work, you will graduate secure in the knowledge you have received one of the best undergraduate training available in economics, from one of the top-rated research departments in the UK.
In your first and second year, you will 90 credits of compulsory modules and will get 30 credits of optional modules, meaning you can take two optional 15 credit half-year modules or one 30 credit full-year module. There is a great deal of choice for this optional module from our Faculty of Social Science, as most of our first-year modules do not assume any specialist knowledge.
With a small number of exceptions, if you successfully complete the first year of your BSc, then you are qualified to enter the second year of that course and a range of other courses: for example, if you take economics, politics, philosophy and sociology, then you have a choice of at least nine possible single or joint honours courses at the end of your first year. This means you can change your course, providing you have taken the appropriate pre-requisites and places are available.
You spend your third year abroad. In your final year you will have a much greater deal of flexibility; you will have 90 credits of optional courses and only a 30 credit research project, an individual piece of research on a topic that interests you, which is compulsory.
We operate a credit framework for our awards, which is based on principles widely used across the UK university sector. Each module has a credit rating attached and our four-year course consists of 420 credits (120 credits in your first year, 60 credits in your third year abroad, and 240 credits across your second and final years).
Introduction to Economics;
Introduction to Quantitative Economics;
Methods of Economic Analysis; and
one social science option
Mathematical Methods in Economics;
Introduction to Econometric Methods; and
two half-year modules
Economics Research Project; and
six half-year modules
Universities in the United Kingdom use a centralized system of undergraduate application: University and College Admissions Service (UCAS). It is used by both domestic and international students. Students have to register on the UCAS website before applying to the university. They will find all the necessary information about the application process on this website. Some graduate courses also require registration on this website, but in most cases students have to apply directly to the university. Some universities also accept undergraduate application through Common App (the information about it could be found on universities' websites).
Both undergraduate and graduate students may receive three types of responses from the university. The first one, “unconditional offer” means that you already reached all requirements and may be admitted to the university. The second one, “conditional offer” makes your admission possible if you fulfill some criteria – for example, have good grades on final exams. The third one, “unsuccessful application” means that you, unfortunately, could not be admitted to the university of you choice.
All universities require personal statement, which should include the reasons to study in the UK and the information about personal and professional goals of the student and a transcript, which includes grades received in high school or in the previous university.
IELTS band : 6
To study at this university, you have to speak English. We advice you totake an IELTS test. More About IELTS
English language requirements for applicants whose first language is not English: IELTS 6.0 overall with minimum 5.5 in each component (or equivalent). Different requirements apply for second year entry.
No work experience is required.
"The Academic Excellence Scholarship can provide up to a 50 % reduction in tuition per semester. These scholarships will be renewed if the student maintains superior academic performance during each semester of their 3-year Bachelor programme. The scholarship will be directly applied to the student’s tuition fees."
Bursary for UK students all subjects where the variable tuition fee rate is payable.
Alumni Bursary for UK Undergraduate students
* The scholarships shown on this page are suggestions first and foremost. They could be offered by other organisations than University of Essex.
For up-to-date information on funding opportunities at Essex, please visit: www.essex.ac.uk/studentfinance.