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Undergraduate Course
BSc (Hons) Economics
(Including Foundation Year)
Now In Clearing
Overview
The details
Economics (Including Foundation Year)
L103
October 2026
Full-time
Our BSc Economics (including Foundation Year) could be suitable for you if your academic qualifications do not yet meet our entry requirements for a three-year version of our business and economics courses and you want a programme that improves your skills to support your academic performance.
Open to UK and EU applicants, this four-year course includes a Foundation Year. From the start of your journey at Essex, you’ll be integrated as a student within the Department of Economics for the entire duration of your degree, helping you to feel connected to your subject, lecturers and future classmates from day one. At least 25% of the teaching during your Foundation Year will be delivered directly by the Department. You’ll also study academic skills modules designed to help you build confidence and prepare for university-level study. Your Foundation Year won’t just prepare you for university - it’ll help you feel part of your academic community right from the beginning.
From Year One of BSc Economics, you gain a thorough introduction to all aspects of economics, including micro and macroeconomics, and qualitative and mathematical research methods. Our BSc Economics offers you a large degree of flexibility, giving you freedom to focus on a broad range of areas which inspire you. You'll study all the major mainstream fields, but we have particular strengths in these areas:
- Game theory and strategic interactions
- Theoretical and applied econometrics
- Labour economics
We are 4th in UK for research power in economics and econometrics (Times Higher Education research power measure, Research Excellence Framework 2021).
Your education is inspired and informed by this pioneering research, so that you graduate with a strong training in economics.
Why we're great.
- 7th in UK for economics (The Guardian University Guide 2025)
- Top 25 in the UK for economics and econometrics in the QS World University Rankings by Subject 2024
- Small class sizes allow you to work closely with your teachers and classmates
Our expert staff
Our staff all have strong subject backgrounds, and are highly skilled in their areas both as academics and practitioners.
Within our Department of Economics, you are taught by the most prominent economists. Our researchers are at the forefront of their field and have even received MBEs, with students coming from across the globe to study, research or work with us. Our Department of Economics is a richly diverse home to staff and students from all over the world who have a strong sense of belonging and want to think, learn and change the world together.
Many of our researchers also provide consultancy services to businesses in London and other major financial centres, helping us to develop research for today's society as well as informing our teaching for the future.
Specialist facilities
By studying within our Essex Pathways Department for your foundation year, you will have access to all of the facilities that the University of Essex has to offer, as well as those provided by our department to support you:
- We provide computer labs for internet research; classrooms with access to PowerPoint facilities for student presentations; AV facilities for teaching and access to web-based learning materials
- Our new Student Services Hub will support you and provide information for all your needs as a student
- Our social space is stocked with hot magazines and newspapers, and provides an informal setting to meet with your lecturers, tutors and friends
Our Department of Economics also offers excellent on-campus facilities:
- Extensive software for quantitative analysis is available in all computer labs across the university
- Access a variety of economics databases and multiple copies of textbooks and e-books in the Albert Sloman Library
Your future
Many employers want economists with critical thinking skills who can tackle large data sets and practical problems. Our course helps you to become more employable and takes you closer to that dream job or postgraduate course when you graduate.
Our students are in demand from a wide range of employers in a host of occupations, including financial analysis, management, public administration and accountancy.
Our recent graduates have gone on to work for a wide range of high-profile companies including:
- Bank of England
- Barclays Capital
- Citigroup
- Deloitte
- Ernst and Young
- Morgan Stanley
- Bank of New York
- Santander
We also work with the University's Student Development Team to help you find out about further work experience, internships, placements, and voluntary opportunities.
Course content
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.
|
COMPONENT 01: CORE
Research and Academic Skills for University
(30 CREDITS)
This module is designed to support students in their academic subject disciplines and to strengthen their confidence in key skills areas such as: academic writing, research, academic integrity, collaborative and reflective practices. The students are supported through the use of subject-specific materials tailored to their chosen degrees with alignment of assessments between academic subject modules and the skills module.
View Research and Academic Skills for University on our Module Directory
COMPONENT 02: CORE
Understanding People and Society
(30 CREDITS)
The module aims to establish a theoretical foundation for students pursuing degrees in Social Science through the introduction of some key theories and concepts associated with the fields of Sociology, Criminology and Psychoanalysis and Psychosocial studies. The relevance of these theories will be demonstrated through opportunities to consider their role in specific contemporary social issues. As such the Autumn Term focuses on criminological theory and its application to contemporary society whilst also encouraging the development of a Sociological Imagination through debating current social issues based on the work of key social theorists. In Spring term building upon the learning in Autumn Term, students will use the lens of psychoanalysis to explore how people interact within society. They will consider the way individuals affect one another and how institutions affect the people who work in them and vice versa. Throughout the module, expert guest speakers are periodically invited to contribute to lectures and seminars.
View Understanding People and Society on our Module Directory
COMPONENT 03: CORE
Global Politics and Economic Policies
(15 CREDITS)
COMPONENT 04: CORE
Making an Impact: Independent Project
(15 CREDITS)
COMPONENT 05: CORE
Ways of Reading
(30 CREDITS)
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.
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.
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.
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.
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 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.
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.
COMPONENT 03: OPTIONAL
Option(s) from list or outside option(s) if not already taken in 2nd year
(30 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.
Teaching
- From year 1 undergraduate students in the Department of Economics typically attend a two-hour lecture and a one-hour class for each module per week.
- Any language classes involve language laboratory sessions
- Our classes are run in small groups, so you receive a lot of individual attention
- Teaching is arranged to allow freedom in how you organise your learning experiences
- Optional support classes in Economics
Assessment
- Your assessed coursework will generally consist of essays, reports, in-class tests, individual or group oral presentations, and small scale research projects
Entry requirements
Clearing entry requirements
We currently have places available in Clearing across a range of our courses with most offers expected to be made at CCD - CDD (88 - 80 UCAS tariff points) or equivalent. A complete breakdown of expected Clearing entry requirements, by course, is available on our Clearing entry requirements page.
We consider each application individually and requirements may be lower for some of our courses, so please still get in touch if your grades are below those outlined.
English language requirements
English language requirements for applicants whose first language is not English
IELTS 5.5 overall with a minimum of 5.5 in each component, or specified score in an equivalent test that we accept.
If we accept the English component of an international qualification it will be included in the academic levels listed above for the relevant countries.
Pre-sessional English courses
If you do not meet our IELTS requirements then you may be able to complete a pre-sessional English pathway that enables you to start your course without retaking IELTS.
Additional Notes
If you’re an international student, but do not meet the requirements for direct admission to this degree or the first year of a degree at Essex, you could prepare and gain entry through a pathway course. Find out more about opportunities available to you at the University of Essex International College
Fees and funding
Home/UK fee
£5,760 per year
This fee is set by the UK Government for classroom-based Foundation Years only. Your fee will increase in your next year in alignment with the Undergraduate course fee set by the UK Government.
International fee
£21,500 per year
The standard undergraduate degree fee for international students will apply in subsequent years.
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
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)
How to apply during Clearing
Once you’ve checked that we have the right course for you, applying couldn’t be simpler. Fill in our quick and easy Clearing application form with as much detail as you can. We’ll then take a look and get back to you with a decision.
If you already hold an offer from Essex
Please don't reapply through Clearing. We'll review your existing application using our Clearing entry requirements. If you're worried about meeting your offer or would like to change course, please contact our Admissions Team on ugquery@essex.ac.uk.
Interviews
We don’t require an interview for most of our courses that are available through Clearing, however there are some courses such as those in our School of Health and Social Care and East 15 Acting School where an interview (or audition) may be required. If this is something that’s required for the course you have applied for, we’ll email you with all of the details.
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.
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.
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.
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