Undergraduate Course

BSc Economics with Mathematics

(Including Foundation Year)

Now In Clearing

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Overview

The details

Course: Economics with Mathematics (Including Foundation Year)

UCAS code: L1G8

Start date: October 2023

Study mode: Full-time

Maximum duration: 4 years

Location: Colchester Campus

Based in: Essex Pathways

Our BSc Economics with Mathematics (including foundation year) will be suitable for you if your academic qualifications do not yet meet our entrance requirements for the three-year version of this course and you want a programme that increases your subject knowledge as well as improves your academic skills in order to support your academic performance.

This four-year course includes a foundation year (Year Zero), followed by a further three years of study. During your Year Zero, you study three academic subjects relevant to your chosen course as well as a compulsory academic skills module, with additional English language for non-English speakers.

You are an Essex student from day one, a member of our global community based at the most internationally diverse campus in the UK.

After successful completion of Year Zero in our Essex Pathways Department, you progress to complete your course with our Department of Mathematical Sciences. Economics at Essex is a home for the tenacious and bold: we encourage you to ask difficult questions so you can work with us to break intellectual boundaries and pioneer new solutions to issues of global concern. Mathematics develops strong problem-solving skills that will complement the economics side of your course and allow you to understand the more complex elements of the subject.

Our Department of Economics is Top 5 in the UK for research, with over 90% of their research rated as “world-leading” or “internationally excellent” (REF 2014).

Our Department of Mathematical Sciences is genuinely innovative and student-focused. Our research groups are working on a broad range of collaborative areas tackling real-world issues. Here are a few examples:

Our data scientists carefully consider how not to lie, and how not to get lied to with data. Interpreting data correctly is especially important because much of our data science research is applied directly or indirectly to social policies, including health, care and education.
We do practical research with financial data (for example, assessing the risk of collapse of the UK’s banking system) as well as theoretical research in financial instruments such as insurance policies or asset portfolios.
We also research how physical processes develop in time and space. Applications of this range from modelling epilepsy to modelling electronic cables.
Our optimisation experts work out how to do the same job with less resource, or how to do more with the same resource.
Our pure maths group are currently working on two new funded projects entitled ‘Machine learning for recognising tangled 3D objects’ and ‘Searching for gems in the landscape of cyclically presented groups’.
We also do research into mathematical education and use exciting technologies such as electroencephalography or eye tracking to measure exactly what a learner is feeling. Our research aims to encourage the implementation of ‘the four Cs’ of modern education, which are critical thinking, communication, collaboration, and creativity.

Why we're great.

As well as being world-class academics and researchers, we are award-winning lecturers.
Guarantee your place on your chosen course if you successfully complete your foundation year at Essex.
We go the extra mile to make sure you succeed both during and after your time with us.

Our expert staff

We have some of the best teachers across the University in our Essex Pathways Department, all of whom have strong subject backgrounds and are highly skilled in their areas.

Study and work alongside some of the most prominent economists.

Our researchers are at the forefront of their field and have even received MBEs. Many of our academic staff 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.

As well as being world-class academics, our mathematics staff are award-winning teachers. Many of our staff have won national or regional awards for lecturing, and many of them are qualified and accredited teachers – something which is very rare at a university.

Our Department of Mathematical Sciences is committed to providing you with the academic support you need to succeed. Our flexible policy means some staff are always available, whilst others maintain regular drop-in times. Staff are always happy to arrange appointments for longer discussions, and no issue is too big or too small.

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.

Take advantage of our extensive learning resources in the Department of Mathematical Sciences to assist you in your studies:

Extensive software for quantitative analysis is available in all computer labs across the university
Join our lively Economics Society, an active and social group where you can explore your interest in your subject with other students
In addition to teaching, we have a Maths Support Centre, which offers help to students on a range of mathematical problems. Throughout term-time, we can chat through mathematical problems either on a one-to-one or small group basis
We have a dedicated social and study space for Maths students in the department, which is situated in the new £18m STEM Centre

Your future

As a graduate of our BSc Economics with Mathematics you will have strong problem solving, data analysis and quantitative skills, which are valued highly by employers. In particular, you will find that you background in economics statistics and methods enhances your employability.

Our students find themselves in demand from a wide range of employers in a host of occupations, including financial analysis, management, public administration and accountancy, as well as directly in roles using economic knowledge.

Our recent graduates have gone on to work for a wide range of high-profile companies including:

Bank of England
Barclays
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.

Entry requirements

Clearing entry requirements

We currently have places available in Clearing across a range of our courses, with many of our courses available with a foundation year. We consider each application individually but as clearing entry requirements may change throughout the day as our places fill, we would recommend getting in touch with us as soon as you can to see if we can make you an offer.

If you are interested in applying and have already received your results, use our Clearing application form to apply for 2023 entry and find out if you are eligible. You will be asked to provide details of your qualifications and grades.

English language requirements

English language requirements for applicants whose first language is not English: IELTS 5.5 overall. Specified component grades are also required for applicants who require a Tier 4 visa to study in the UK.

Other English language qualifications may be acceptable so please contact us for further details. If we accept the English component of an international qualification then it will be included in the information given about the academic levels required. Please note that date restrictions may apply to some English language qualifications

If you are an international student requiring a Tier 4 visa to study in the UK please see our immigration webpages for the latest Home Office guidance on English language qualifications.

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

Our Year 0 courses are only open to UK and EU applicants. If you’re an international student, but do not meet the English language or academic requirements for direct admission to your chosen degree, 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.

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. However, if we need to make material changes, for example due to significant disruption, or in response to COVID-19, 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:

100

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: B

Essential Mathematics

(30 CREDITS)

Want to know the basic mathematical techniques of algebra? To understand calculus? To apply methods of differentiation and integration to a range of functions? Build the basic, then more advanced, mathematical skills needed for future study. Learn to solve relevant problems, choosing the most suitable method for solution.

View Essential Mathematics on our Module Directory

COMPONENT 02: B

Research and Academic Development Skills

(30 CREDITS)

Academic Skills covers the key areas that you will experience during your degree, preparing you for aspects of academic study at undergraduate level. The module enables you to develop and enhance your existing abilities by focusing on the core skills of reading, writing, listening and speaking in an academic context. It does this with both generic texts and also, crucially, those related to your subject area. Academic Skills provides strategies for successful communication and interaction through independent and collaborative learning offering opportunity to further enhance your research skills. The content is designed to ensure that you acquire a range of transferable employability and life skills.

View Research and Academic Development Skills on our Module Directory

COMPONENT 03: B

Mathematical Methods and Statistics

(30 CREDITS)

Develop your problem solving skills in this module, as you are introduced to Statistical and Mathematical concepts with a particular focus on mechanics. You become familiar with R software, one of the most widely used statistical analysis software in the world, and learn how to use it to analyse and interpret data. You study simple concepts and techniques like data description and distribution; before moving on to more complex topics and theories including Newton’s laws of motion and the concepts of Mechanical energy. While also covering everything from probability rules and hypothesis testing to advanced algebra – you will be well equipped to present your solutions and findings to an audience with no specialist knowledge of Statistics and Mechanics.

View Mathematical Methods and Statistics on our Module Directory

COMPONENT 04: B

Introduction to Economics

(30 CREDITS)

What is economics? And what are the main economic theories and principles? Build your understanding, studying topics in microeconomics and macroeconomics. Develop your knowledge of economic implications and build your analytic skills in using simple mathematical techniques and economic diagrams.

View Introduction to Economics on our Module Directory

COMPONENT 01: B

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: B

Calculus

(30 CREDITS)

This module will allow you to build your knowledge of differentiation and integration, how you can solve first and second order differential equations, Taylor Series and more.

View Calculus on our Module Directory

COMPONENT 03: B

Matrices and Complex Numbers

(15 CREDITS)

You'll be introduced to a range of important concepts which are used in all areas of mathematics and statistics. This module is structured in such a way that during learning sessions you'll develop good practical understanding of these concepts via discussion and exercises, and have an opportunity to ask questions. Theory is introduced via recorded videos and the corresponding notes published on Moodle, and also via recommendations of textbooks. The contact hours are dedicated to interactive activities such as lab exercises and flipped lecture quizzes; also you will have some additional formative tests in Moodle.

View Matrices and Complex Numbers on our Module Directory

COMPONENT 04: B

Statistics I

(15 CREDITS)

How do you apply the addition rule of probability? Or construct appropriate diagrams to illustrate data sets? Learn the basics of probability (combinatorial analysis and axioms of probability), conditional probability and independence, and probability distributions. Understand how to handle data using descriptive statistics and gain experience of R software.

View Statistics I on our Module Directory

COMPONENT 05: N

(30 CREDITS)

COMPONENT 06: C

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: C

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: C

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: H

(15 CREDITS)

COMPONENT 04: C

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: C

Optimisation (Linear Programming)

(15 CREDITS)

Are you able to solve a small linear programming problem using an appropriate version of the Simplex Algorithm? Learn to formulate an appropriate linear programming model and use the MATLAB computer package to solve linear programming problems. Understand the methods of linear programming, including both theoretical and computational aspects.

View Optimisation (Linear Programming) on our Module Directory

COMPONENT 06: C

Ordinary Differential Equations

(15 CREDITS)

The subject of ordinary differential equations is a very important branch of Applied Mathematics. Many phenomena from Physics, Biology, Engineering, Chemistry, Finance, among others, may be described using ordinary differential equations. To understand the underlying processes, we have to find and interpret the solutions to these equations. The last part of the module is devoted to the study of nonlinear differential equations and stability. This module provides an overview of standard methods for solving single ordinary differential equations and systems of ordinary differential equations, with an introduction to the underlying theory.

View Ordinary Differential Equations on our Module Directory

COMPONENT 07: C

Career Skills in Economics

(0 CREDITS)

View Career Skills in Economics on our Module Directory

COMPONENT 01: C

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: N

(15 CREDITS)

COMPONENT 03: N

(30 CREDITS)

COMPONENT 04: N

(30 CREDITS)

COMPONENT 05: N

(15 CREDITS)

COMPONENT 06: C

Career Skills in Economics

(0 CREDITS)

View Career Skills in Economics on our Module Directory

Fees and funding

Home/UK fee

£9,250 per year

International fee

£18,585 per year

Fees will increase for each academic year of study.

Home/UK fees and funding information

International fees and funding information

What's next

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.

2023 Open Days (Colchester Campus)

Saturday, October 28, 2023

Find out more

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.

Find out more about Clearing
Get to know us better at our Clearing events

Interviews

We don’t interview all applicants during Clearing, however, we will only make offers for the following courses after a successful interview:

BA Multimedia Journalism
BSc Nursing (Adult)
BSc Nursing (Mental Health)
BA Social Work

The interview allows our academics to find out more about you, and in turn you’ll be able to ask us any questions you might have. Further details will be emailed to you if you are shortlisted for interview.

Apply now

Home to 15,000 students from more than 130 countries, our Colchester Campus is the largest of our three sites, making us one of the most internationally diverse campuses on the planet - we like to think of ourselves as the world in one place.

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

Our staff travel the world to speak to people about the courses on offer at Essex. Take a look at our list of exhibition dates to see if we’ll be near you in the future.

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.

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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.

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