Undergraduate Course

BSc Economics with Mathematics

(Including Foundation Year)

BSc Economics with Mathematics

Overview

The details
Economics with Mathematics (Including Foundation Year)
L1G8
October 2018
Full-time
4 years
Colchester Campus
Essex Pathways

Our BA 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 rated consistently highly for student satisfaction, and is Top 5 in the UK for research, with over 90% of their research rated as “world-leading” or “internationally excellent” (REF 2014).

Meanwhile our Department of Mathematical Sciences is genuinely innovative and student-focused; we are working on projects ranging from the economic impact of the behaviour of dairy cows, to understanding crowd behaviour through modelling a zombie apocalypse, to circular Sudoku and other puzzles.

Why we're great.
  • As well as being world-class academics and researchers, we are award-winning lecturers.
  • We offer two start dates, so you can start your degree in October or January
  • 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.

The Department of Mathematical Sciences is a small but influential department, so our students and staff know each other personally. You never need an appointment to see your lecturers and professors, just knock on our office doors – we are one of the few places to have an open-door policy, and no issue is too big or 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
  • Unique to Essex is our renowned Maths Support Centre, which offers help to students, staff and local businesses 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 our own computer labs for the exclusive use of students in the Department of Mathematical Sciences – in addition to your core maths modules, you gain computing knowledge of software including Matlab and Maple

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 Employability and Careers Centre to help you find out about further work experience, internships, placements, and voluntary opportunities.

Entry requirements

UK entry requirements

A-levels: DDD, or equivalent in UCAS tariff points, to include 2 full A-levels
GCSE: Mathematics and Science C/4

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 select your country page where you'll find this information.

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

Example structure

We offer a flexible course structure with a mixture of compulsory and optional modules chosen from lists. Below is just one example structure from the current academic year of a combination of modules you could take. Your course structure could differ based on the modules you choose.

Our research-led teaching is continually evolving to address the latest challenges and breakthroughs in the field, therefore all modules listed are subject to change. To view the compulsory modules and full list of optional modules currently on offer, please view the programme specification via the link below.

Introduction to Economics

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

Essential Mathematics

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

Mathematical Methods and Statistics

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

Academic Skills (optional)

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 Academic Skills (optional) on our Module Directory

Economics for Business (optional)

How are firms organised? What are the economic implications of this? And how does it affect the markets in which they operate? Develop an understanding of the central concepts of economics, then learn how to apply these principles to economic problems.

View Economics for Business (optional) on our Module Directory

Introduction to Economics

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

Career Skills in Economics

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

Calculus

At University of Essex, we are all about understanding and creating change. This module will allow you to study mathematical change and 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

Statistics I

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 packages.

View Statistics I on our Module Directory

Linear Mathematics

Can you perform simple operations on matrices? How do you solve systems of linear equations using row operations? Can you calculate the determinant and inverse of a matrix? Understand the basics of linear algebra, with an emphasis on vectors and matrices.

View Linear Mathematics on our Module Directory

Career Skills in Economics

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

Mathematical Methods in Economics (optional)

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 (optional) on our Module Directory

Macroeconomics (Intermediate)

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

Microeconomics (Intermediate)

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

Introduction to Econometric Methods

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

Linear Programming (Half Course)

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

View Linear Programming (Half Course) on our Module Directory

Vector Calculus (optional)

How do you define gradient, divergence and curl? What do you know about Green’s Theorem? And about Stoke’s? Study the classical theory of vector calculus. Develop the two central theorems by outlining the proofs, then examining various applications and examples. Understand how to apply the ideas you have studied.

View Vector Calculus (optional) on our Module Directory

Career Skills in Economics

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

International Financial Institutions and Policy (optional)

Want to know more about the IMF or the Federal Reserve? Interested in the European Central Bank and the European Stability Mechanism? Examine these international financial institutions to evaluate their existence, policies and effects on the international monetary system. Understand the institutional framework within which international financial relations are organised.

View International Financial Institutions and Policy (optional) on our Module Directory

Economics of Corporate Finance (optional)

What role do central banks play in supervising the financial sector? How are monetary policies developed and formulated? Gain an overview of financial systems, including commercial banking. Examine financial innovations, with emphasis on developments since the 1980s, and learn how financial intermediaries function in our changing world.

View Economics of Corporate Finance (optional) on our Module Directory

Project: Economics

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

Management of New Technology (optional)

What economic issues do computing firms face today? What about the pharmaceutical industry? Or telecommunication organisations? How does new technological knowledge allow these firms to keep a competitive edge? Using real-life case studies, learn how economics model-building methodology helps with the challenges of managing new technology in the modern world.

View Management of New Technology (optional) on our Module Directory

Economics of the European Union (optional)

What are the important policy problems facing the European Union today? Issues like trade, unemployment, monetary policy? And how can you apply economic theory to these concerns? Gain an insight into the complex and fascinating process of economic integration within the European Union.

View Economics of the European Union (optional) on our Module Directory

Strategies of Economic Development (optional)

This module examines the distinctive features of less developed economies and introduces you to the literature that attempts to explain the persistence of poverty in those economies. We start with a historical analysis of the growth process to examine why there has been a divergence in the performances between the developed and the developing countries. The module will then elaborate on the role of institutions and incentives in shaping long run economic development. In particular, we shall examine the role of market imperfections, non-market institutions (such as social norms) and governance institutions.

View Strategies of Economic Development (optional) on our Module Directory

Public Economics (optional)

Analyse the economics rationale for ‘collective choice’ in a market economy in this applied module. Explore social welfare, equity and efficiency, and evaluate the government’s ability to identify and achieve ‘better’ outcomes. By analysing actual programmes in areas of poverty reduction, education, and health, you will be able to apply your knowledge of broad empirical patterns and institutions to real-life situations in the UK and abroad.

View Public Economics (optional) on our Module Directory

Fees and funding

Home/EU fee

£9,250

International fee

TBC

Fees will increase for each academic year of study.

Home and EU fee information

International fee 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.

2018 Open Days (Colchester Campus)

  • Saturday, June 23, 2018

Applying

Applications for our full-time undergraduate courses should be made through the Universities and Colleges Admissions Service (UCAS). Applications are online at: www.ucas.com. Full details on this process can be obtained from the UCAS website in the how to apply section.

Our UK students and some of our EU, 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 EU applicants 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.

Please note that this course is not open to international applicants.

Applicant Days and interviews

Resident in the UK? If your application is successful, we will invite you to attend one of our applicant days. These run from January to April and give you the chance to explore the campus, meet our students and really get a feel for life as an Essex student.

Some of our courses also hold interviews and if you’re invited to one, this will take place during your applicant day. Don’t panic, they’re nothing to worry about and it’s a great way for us to find out more about you and for you to find out more about the course. Some of our interviews are one-to-one with an academic, others are group activities, but we’ll send you all the information you need beforehand.

If you’re outside the UK and are planning a trip, feel free to email visit@essex.ac.uk so we can help you plan a visit to the University.

Colchester Campus

Visit Colchester Campus

We want you to throw yourself in at the deep end, soak up life and make the most of those special Essex moments.

Home to over 13,000 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.

 

Virtual tours

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.

Exhibitions

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.

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