Undergraduate Course

BSc (Hons) Economics

BSc (Hons)  Economics

Overview

The details
Economics
L101
October 2026
Full-time
3 years
Colchester Campus
Economics

What is the BSc Economics?

The BSc Economics is a three-year degree, or four years with an optional placement or study abroad year.

You’ll study how economies work, how people and institutions respond to incentives, and how economic evidence is used to explain real-world outcomes. With an emphasis on analysis, data, and economic reasoning, you’ll build the confidence to interpret evidence, and apply quantitative insight to complex economic questions.

Why this course

The BSc Economics gives you the opportunity to analyse how people, markets, and governments behave - and the quantitative tools to make sense of a world defined by uncertainty, incentives, and change. If you want a degree that explores not just what is happening in the economy but why - and what to do about it - this programme gives you that foundation.

You’ll explore how economic decisions shape wellbeing, inequality, opportunity, and how societies function. You’ll learn how policy choices affect real lives, and how economists use data to create better outcomes. You’ll study micro and macroeconomics, econometrics, behavioural economics, development, labour markets, and public policy.

You’ll be taught within a department whose research informs decision-making on labour markets, behavioural change, financial regulation, and development, illustrating how economic theory connects to real policy challenges. Throughout your degree, you’ll learn to think like an economist; breaking down problems, analysing evidence, interpreting data, predicting outcomes, and communicating insights clearly and confidently.

You can also add an optional placement or study abroad year, applying your skills in industry or international settings and strengthening both your CV and your global perspective.

By graduation, you’ll have the foundational skills to pursue early careers in government, business, finance - any sector that values sharp analysis - or progress to postgraduate study.

Who should apply

  • Students who want to understand how economies work and feel confident using data, models, and evidence to explain real-world outcomes - no prior economics background required, but strong quantitative skills, confidence with numbers, and a commitment to analytical thinking are essential
  • Future analysts, policymakers, consultants, or researchers who want to base decisions on rigorous economic reasoning and quantitative insight
  • Learners interested in development, inequality, labour markets, behavioural economics, or global change, and who want the tools to analyse these issues systematically
  • Those looking for an economics degree that prioritises analytical rigour, evidence-based thinking, and practical application

What you’ll learn

  • Microeconomics and macroeconomics: Understand how markets work, how incentives influence behaviour, and how economies respond to change
  • Mathematical and quantitative economics: Build confidence using mathematical tools to analyse economic problems and support economic reasoning
  • Econometrics and data analysis: Learn how economists use statistics and data to study economic relationships
  • Applied economics: Use economic models to analyse real-world economic issues and policy questions
  • Research skills and evidence-based analysis: Develop the skills to interpret economic evidence and communicate insights clearly

Your learning experience

  • Optional study abroad year: Study economics in an international context and develop your global understanding - explore destinations and partner universities through the Study Abroad programme
  • Optional placement year: Apply your skills in real organisations and gain hands-on experience - learn more about how we support students through Placements at Essex
  • Expert teaching: Learn within a department where economics research with real-world impact informs teaching at every level
  • Specialist facilities: Use professional software and behavioural science labs to build the technical skills employers expect from a BSc Economics graduate

Careers and outcomes

A BSc Economics degree prepares you for careers in:

  • Economic analysis and data careers: Economist, economic analyst, data analyst, or policy analyst roles using quantitative methods, econometrics, and statistical modelling
  • Government, regulation, and central institutions: Roles within HM Treasury, Bank of England, government economic units, and regulatory bodies focused on forecasting, impact evaluation, and evidence-based policy design
  • Finance, risk, and economic consultancy: Economic and financial analyst roles in banks, consultancies, and risk teams applying forecasting, modelling, and quantitative analysis
  • Research and applied economics: Think tanks, research institutes, and behavioural science teams conducting econometric research, labour market analysis, and policy evaluation
  • Postgraduate study and specialist pathways: Progression to Masters or PhD study in economics, econometrics, finance, data science, or other quantitatively focused social science disciplines

Employers of graduates from this course

Graduates from this course have progressed to roles in organisations such as:

  • Bank of England
  • JP Morgan & Chase
  • Goldman Sachs
  • HM Treasury
  • Financial Conduct Authority
Why choose Essex?
  • Number one for value-added (Guardian University Guide 2026)
  • Home to two Nobel Prize-winning economists
  • Learn to trade live on the stock market, managing real investments using a fund provided by the University

Entry requirements

UK entry requirements

  • GCSE: Mathematics B/5.

  • Plus one of the level 3 qualifications below:

  • A-levels: ABB or 128 UCAS tariff points from a minimum of 2 full A-levels.
  • BTEC: DDM or 128 UCAS tariff points from a minimum of the equivalent of 2 full A-levels. The acceptability of BTECs is dependent on subject studied and optional units taken - email ugquery@essex.ac.uk for advice.
  • Combined qualifications on the UCAS tariff: 128 UCAS tariff points from a minimum of 2 full A levels or equivalent. Tariff point offers may be made if you are taking a qualification, or mixture of qualifications, from the list on our undergraduate application information page.
  • IB: 32 points in the IB Diploma or 128 UCAS tariff points to include a minimum of 2 Higher Level subjects. Our Maths requirement can be met with either: 2 in Standard level Maths; 2 in Higher level Maths; or 5 in IB Middle Years Maths.
  • IB Career-related Programme: We consider combinations of IB Diploma Programme courses with BTECs or other qualifications. Advice on acceptability can be provided, email Undergraduate Admissions.
  • QAA-approved Access to HE Diploma: 128 UCAS tariff points, depending on subject studied - advice on acceptability can be provided, email Undergraduate Admissions.
  • T-levels: 128 UCAS tariff points. We consider T-levels on a case-by-case basis, depending on subject studied. Depending on the course applied for there may be additional requirements, which may include a specific grade in the Core.

Contextual Offers:

We are committed to ensuring that all students with the merit and potential to benefit from an Essex education are supported to do so. We make Contextual Offers, of up to two A-level grades (or equivalent) below our standard conditional offer, to applicants from underrepresented groups residing in the UK. Our Contextual Offers policy outlines the full eligibility criteria.

For further information about what a Contextual Offer may look like for your specific qualification profile, email ugquery@essex.ac.uk.

If you haven't got the grades you hoped for, have a non-traditional academic background, are a mature student, or have any questions about eligibility for your course, more information can be found on our undergraduate application information page or get in touch with our Undergraduate Admissions Team at ugquery@essex.ac.uk.

International & EU entry requirements

We accept a wide range of qualifications from applicants studying in the EU and other countries. Get in touch with any questions you may have about the qualifications we accept. Remember to tell us about the qualifications you have already completed or are currently taking.

Sorry, the entry requirements for the country that you have selected are not available here. Please contact our Undergraduate Admissions team at ugquery@essex.ac.uk to request the entry requirements for this country.

Structure

Course structure

Our research-led teaching is continually evolving to address the latest challenges and breakthroughs in the field. The following modules are based on the current course structure and may change in response to new curriculum developments and innovation.

We understand that deciding where and what to study is a very important decision for you. We'll make all reasonable efforts to provide you with the courses, services and facilities as described on our website and in line with your contract with us. However, if we need to make material changes, for example due to significant disruption, we'll let our applicants and students know as soon as possible.

Components and modules explained

Components

Components are the blocks of study that make up your course. A component may have a set module which you must study, or a number of modules from which you can choose.

Each component has a status and carries a certain number of credits towards your qualification.

Status What this means
Core
You must take the set module for this component and you must pass. No failure can be permitted.
Core with Options
You can choose which module to study from the available options for this component but you must pass. No failure can be permitted.
Compulsory
You must take the set module for this component. There may be limited opportunities to continue on the course/be eligible for the qualification if you fail.
Compulsory with Options
You can choose which module to study from the available options for this component. There may be limited opportunities to continue on the course/be eligible for the qualification if you fail.
Optional
You can choose which module to study from the available options for this component. There may be limited opportunities to continue on the course/be eligible for the qualification if you fail.

The modules that are available for you to choose for each component will depend on several factors, including which modules you have chosen for other components, which modules you have completed in previous years of your course, and which term the module is taught in.

Modules

Modules are the individual units of study for your course. Each module has its own set of learning outcomes and assessment criteria and also carries a certain number of credits.

In most cases you will study one module per component, but in some cases you may need to study more than one module. For example, a 30-credit component may comprise of either one 30-credit module, or two 15-credit modules, depending on the options available.

Modules may be taught at different times of the year and by a different department or school to the one your course is primarily based in. You can find this information from the module code. For example, the module code HR100-4-FY means:

HR 100  4  FY

The department or school the module will be taught by.

In this example, the module would be taught by the Department of History.

The module number. 

The UK academic level of the module.

A standard undergraduate course will comprise of level 4, 5 and 6 modules - increasing as you progress through the course.

A standard postgraduate taught course will comprise of level 7 modules.

A postgraduate research degree is a level 8 qualification.

The term the module will be taught in.

  • AU: Autumn term
  • SP: Spring term
  • SU: Summer term
  • FY: Full year 
  • AP: Autumn and Spring terms
  • PS: Spring and Summer terms
  • AS: Autumn and Summer terms

COMPONENT 01: CORE

Introduction to Economics
(30 CREDITS)

How do consumers make decisions? Or firms conduct different market strategies? What impact does government policy have on inflation? Or unemployment? Develop your knowledge of economics in relation to a range of contemporary issues. Learn how to apply both micro and macroeconomic principles to the analysis of such problems.

View Introduction to Economics on our Module Directory

COMPONENT 02: COMPULSORY WITH OPTIONS

EC114-4-FY or (MA114-4-AU and MA108-4-SP)
(30 CREDITS)

COMPONENT 03: COMPULSORY WITH OPTIONS

EC115-4-FY or MA101-4-FY
(30 CREDITS)

COMPONENT 04: OPTIONAL

Option(s) from list or outside option(s)
(30 CREDITS)

COMPONENT 05: COMPULSORY

Career Skills in Economics
(0 CREDITS)

Are you ready for graduate employment? Like to improve your core skills? Need to know more about the working world? Attend workshops, events and activities to build your knowledge, abilities and experience with this compulsory, zero credit module that runs during your three years of undergraduate study.

View Career Skills in Economics on our Module Directory

COMPONENT 01: COMPULSORY

Macroeconomics (Intermediate)
(30 CREDITS)

What tools can you use for macroeconomic analysis? And how can these then be applied to macro-policy issues? Learn how to build alternative macroeconomic models and apply analytical reasoning. Examine real-life macroeconomic questions, on topics such as government budgets or wage-price flexibility, and critically evaluate macroeconomic policies.

View Macroeconomics (Intermediate) on our Module Directory

COMPONENT 02: COMPULSORY

Microeconomics (Intermediate)
(30 CREDITS)

How do consumers behave in a competitive market? And what about producers? How do various imperfections affect the outcome of decentralised markets? Study the fundamental concepts and methods in microeconomics. Understand the tools and methods of analysis for economic reasoning, and develop your critical approach to economic issues and policies.

View Microeconomics (Intermediate) on our Module Directory

COMPONENT 03: COMPULSORY

Mathematical Methods in Economics
(15 CREDITS)

What mathematical methods can analyse economic problems? And what mathematical tools are needed to understand economic models? Gain an introduction to the mathematical methods commonly used in economics, build your knowledge of mathematical tools for work in economics and develop your understanding of the mathematical language used in economic literature.

View Mathematical Methods in Economics on our Module Directory

COMPONENT 04: COMPULSORY

Introduction to Econometric Methods
(15 CREDITS)

Which econometric methods can analyse economic data? How do you critically assess applied economic literature? Learn how to carry out statistical and econometric calculations, plus gain experience of using the Stata software package. Demonstrate your subsequent understanding of the linear regression model with your own investigation on an empirical issue.

View Introduction to Econometric Methods on our Module Directory

COMPONENT 05: OPTIONAL

Option(s) from list or outside option(s)
(30 CREDITS)

COMPONENT 06: COMPULSORY

Career Skills in Economics
(0 CREDITS)

Are you ready for graduate employment? Like to improve your core skills? Need to know more about the working world? Attend workshops, events and activities to build your knowledge, abilities and experience with this compulsory, zero credit module that runs during your three years of undergraduate study.

View Career Skills in Economics on our Module Directory

COMPONENT 01: COMPULSORY

Project: Economics
(30 CREDITS)

What interests you? Design and implement your own research project, under the guidance and supervision of our world-leading academic staff. Demonstrate your knowledge of economic ideas in greater depth, building your professional research skills and developing further understanding of a topic that fascinates you.

View Project: Economics on our Module Directory

COMPONENT 02: OPTIONAL

Option(s) from list
(60 CREDITS)

COMPONENT 04: COMPULSORY

Career Skills in Economics
(0 CREDITS)

Are you ready for graduate employment? Like to improve your core skills? Need to know more about the working world? Attend workshops, events and activities to build your knowledge, abilities and experience with this compulsory, zero credit module that runs during your three years of undergraduate study.

View Career Skills in Economics on our Module Directory

Placement

On a placement year you gain relevant work experience within an external business or organisation, giving you a competitive edge in the graduate job market and providing you with key contacts within the industry. The rest of your course remains identical to the three-year degree.

Year abroad

On your year abroad, you have the opportunity to experience other cultures and languages, to broaden your degree socially and academically, and to demonstrate to employers that you are mature, adaptable, and organised. The rest of your course remains identical to the three-year degree.

Teaching

  • Undergraduate students in the Department of Economics typically attend a two-hour lecture and a one-hour class for each module per week.
  • Teaching is arranged to allow freedom in how you organise your learning experiences
  • Optional support classes

Assessment

  • You are assessed each year through a mixture of coursework and end-of-year examinations
  • The balance is set at 50% coursework and 50% exam
  • For many of your second- and final-year modules, coursework takes the form of an extended essay
  • Complete your final year project in consultation with a personal supervisor

Fees and funding

Home/UK fee

£9,790 per year

International fee

£22,600 per year

Fees will increase for each academic year of study.

If your course has the option to include a placement year or study abroad, and you choose to do so, you will pay the following:

Placement year

20% of your standard tuition fee for that year

Study abroad

Full year abroad

15% of your standard tuition fee for that year

Single term abroad

Standard tuition fee

Scholarships and financial support

There may be scholarships, bursaries or discounts available to help with the cost of this course.

Fees and funding guide

Home/UK fees and funding information

What's next

Open Days

Our events are a great way to find out more about studying at Essex. We run a number of Open Days throughout the year which enable you to discover what our campus has to offer. You have the chance to:

  • tour our campus and accommodation
  • find out answers to your questions about our courses, student finance, graduate employability, student support and more
  • meet our students and staff

Check out our Visit Us pages to find out more information about booking onto one of our events. And if the dates aren’t suitable for you, feel free to book a campus tour here.

2026 Open Days (Colchester Campus)

  • Saturday 11 April 2026 - April Open Day
  • Saturday 20 June 2026 - June Open Day

Applying

Applications for our full-time undergraduate courses should be made through the Universities and Colleges Admissions Service (UCAS). Full details on how to apply can be found on the filling in your UCAS undergraduate application web page.

Our UK students, and some of our EU and international students, who are still at school or college, can apply through their school. Your school will be able to check and then submit your completed application to UCAS. Our other international applicants (EU or worldwide) or independent applicants in the UK can also apply online through UCAS Apply.

The UCAS code for our University of Essex is ESSEX E70. The individual campus codes for our Loughton and Southend Campuses are 'L' and 'S' respectively.

You can find further information on how to apply, including information on transferring from another university, applying if you are not currently at a school or college, and applying for readmission on our How to apply and entry requirements page.

If you receive an undergraduate offer to study with us in October 2026 and live in the UK, you will receive an email invitation to book onto one of our Open Days. These events provide the opportunity to meet your department, join interesting taster sessions, tour our campus and accommodation, and chat to current students. You can visit our Open Days event page for more information, including terms and conditions.

A sunny day with banners flying on Colchester Campus Square 4.

Visit Colchester Campus

Set within 200 acres of award-winning parkland - Wivenhoe Park and located two miles from the historic city centre of Colchester – England's oldest recorded development. Our Colchester Campus is also easily reached from London and Stansted Airport in under one hour.


View from Square 2 outside the Rab Butler Building looking towards Square 3

Virtual tours

If you live too far away to come to Essex (or have a busy lifestyle), no problem. Our 360-degree virtual tour allows you to explore our University from the comfort of your home. Check out our Colchester virtual tour to see accommodation options, facilities and social spaces.

Professor Eric Smith, Director of Undergraduate Studies in the Department of Economics at the University of Essex.
Chat to us

Got a question about this course? Chat with Professor Eric Smith from the Department of Economics.

Coloured plastic icons representing an economics network effect, at the Department of Economics, University of Essex.
Visit the home of economics at Essex

Meet the lecturers, discover our famous alumni, and learn about undergraduate student life in the Department of Economics.

Explore undergraduate study in the Department of Economics

At Essex we pride ourselves on being a welcoming and inclusive student community. We offer a wide range of support to individuals and groups of student members who may have specific requirements, interests or responsibilities.

The University makes every effort to ensure that this information on its programme specification is accurate and up-to-date. Exceptionally it can be necessary to make changes, for example to courses, facilities or fees. Examples of such reasons might include, but are not limited to: strikes, other industrial action, staff illness, severe weather, fire, civil commotion, riot, invasion, terrorist attack or threat of terrorist attack (whether declared or not), natural disaster, restrictions imposed by government or public authorities, epidemic or pandemic disease, failure of public utilities or transport systems or the withdrawal/reduction of funding. Changes to courses may for example consist of variations to the content and method of delivery of programmes, courses and other services, to discontinue programmes, courses and other services and to merge or combine programmes or courses. The University will endeavour to keep such changes to a minimum, and will also keep students informed appropriately by updating our programme specifications. The University would inform and engage with you if your course was to be discontinued, and would provide you with options, where appropriate, in line with our Compensation and Refund Policy.

The full Procedures, Rules and Regulations of the University governing how it operates are set out in the Charter, Statutes and Ordinances and in the University Regulations, Policy and Procedures.