Undergraduate Course

BSc Economics with Psychology

(Including Foundation Year)

How to apply

Overview

The details

Course: Economics with Psychology (Including Foundation Year)

UCAS code: C149

Start date: October 2024

Study mode: Full-time

Maximum duration: 4 years

Location: Colchester Campus

Based in: Essex Pathways

Our BSc Economics with Psychology (including foundation year) is open to Home and EU students. It 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 English language and academic skills.

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

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

After successful completion of Year Zero in our Essex Pathways Department, you progress to complete your course with our Department of Economics. You will look at topics including; how human psychology can guide people to make economic decisions. How do people get in debt? Why do people choose to get a mortgage rather than rent? Why did the economic crisis affect the UK more than the US? Economics at Essex explores how economics relates to the real world and asks the difficult questions.

On BSc Economics with Psychology you develop key mathematical skills and explore how you can use data to interpret the global economy, economic drivers behind human behaviour and the human mind. Through combining economics with psychology you gain a deepened knowledge as to why individuals are not always behaving in their own best interests. Understanding this and the frameworks of behavioural economics can help policymakers create environments that nudge people towards making wiser decisions and healthier lives.

Studying this course you will explore a wide variety of topics across economics and also have the opportunity to include some modules of psychology. Topics include:

Macroeconomics
Behavioural economics
Mathematical methods in economics
Personality and individual differences
Social psychology

Your education is inspired and informed by leading economics research, so that you graduate with a strong training in economics. We are 4th in UK for research power in economics and econometrics (Times Higher Education research power measure, Research Excellence Framework 2021).

Our Department of Psychology provide one of the most immersive experiences of studying the human mind in the UK. You have the opportunity to work alongside researchers with our Research Experience Scheme (RES) and gain hands on experience in our dedicated psychology labs.

Why we're great.

We're 7th in the UK and 1st for value-added for economics in the Guardian University Guide 2024
Our Department of Psychology have exceptional specialist labs and research facilities for you to gain hands on experience
You’re taught by world-leading academics who are experts in their field

Our expert staff

Our economics staff are at the forefront of their field and have even received MBEs. Our department 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.

Our psychology lecturers include award-winning teachers and prize-winning researchers who are international experts in their own research areas. We have specialists within our three main research groups: the Cognitive and Developmental Psychology Group; the Social and Health Psychology Group; and the Cognitive and Sensory Neuroscience Group.

Specialist facilities

Extensive software for quantitative analysis, available in all computer labs across the university
Access to a variety of economics databases and multiple copies of textbooks and e-books in the Albert Sloman Library
Dedicated laboratories including a virtual reality suite and an observation suite
Specialist areas to study visual and auditory perception, developmental psychology and social psychology
Study the development of perceptual and cognitive abilities in infants in our Babylab
Our multimillion pound Centre for Brain Science (CBS) allows staff to investigate brain activity, and to measure eye movements and other physiological responses

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
Accenture
Deloitte
Ernst and Young
The Crown Prosecution Service
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

UK entry requirements

UK and EU applicants:

All applications for degree courses with a foundation year (Year Zero) will be considered individually, whether you

think you might not have the grades to enter the first year of a degree course;
have non-traditional qualifications or experience (e.g. you haven’t studied A-levels or a BTEC);
are returning to university after some time away from education; or
are looking for more support during the transition into university study.

Standard offer:

Our standard offer is 72 UCAS tariff points from at least two full A-levels, or equivalent.

Examples of the above tariff may include:

A-levels: DDD
BTEC Level 3 Extended Diploma: MMP
T-levels: Pass with E in core

For this course all applicants must also hold GCSE Maths at grade C/4 or above (or equivalent). We may be able to consider a pass in Level 2 Functional Skills Maths where you cannot meet the requirements for Maths at GCSE level. However, you are advised to try to retake GCSE Mathematics if possible as this will better prepare you for university study and future employment.

If you are unsure whether you meet the entry criteria, please get in touch for advice.

Mature applicants and non-traditional academic backgrounds:

We welcome applications from mature students (over 21) and students with non-traditional academic backgrounds (might not have gone on from school to take level 3 qualifications). We will consider your educational and employment history, along with your personal statement and reference, to gain a rounded view of your suitability for the course.

You will still need to meet our GCSE requirements.

International applicants:

Essex Pathways Department is unable to accept applications from international students. Foundation pathways for international students are available at the University of Essex International College and are delivered and awarded by Kaplan, in partnership with the University of Essex. Successful completion will enable you to progress to the relevant degree course at the University of Essex.

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, or specified score in another equivalent test that we accept.

Details of English language requirements, including UK Visas and Immigration minimum component scores, and the tests we accept for applicants who require a Student visa (excluding Nationals of Majority English Speaking Countries) can be found here

If we accept the English component of an international qualification then it will be included in the information given about the academic levels listed above for the relevant countries.

Please note that date restrictions may apply to some English language qualifications.

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

What if my IELTS does not meet your requirements?

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.

Do I need to have achieved an acceptable English language qualification before I apply?

You don’t need to achieve the required level before making your application, but it will be one of the conditions of your offer.

What if the English language qualification I hold, or am taking, is not listed?

If you cannot find the qualification that you have achieved or are pending, then please contact Admissions on ugquery@essex.ac.uk for advice.

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: CORE

Introduction to Psychology

(30 CREDITS)

Psychology is a broad subject, containing many disciplines. This module is designed to give an overview of these different core disciplines, encouraging you to explore how these different areas are informed by theory and research. The module will cover a range of classic and contemporary pieces of psychological research, exploring the methods adopted by psychologists to investigate the human mind and behaviour Through this module, you will be encouraged to think critically about the theories and research studies that are covered and begin to consider how psychological findings apply to everyday life. This module will look at theory and research in areas such as cognitive psychology, developmental psychology, individual differences, biopsychology and social psychology. Along with psychological theories we also introduce basic research skills, creating transferable analytical skills and/or preparation for entry to a psychology (or related) degree.

View Introduction to Psychology on our Module Directory

COMPONENT 02: CORE

Mathematics and Statistics for Economics and Business

(30 CREDITS)

Want to use mathematical techniques to solve problems? And to calculate basic statistical measures? Develop mathematical skills like number work, algebra, geometry, probability and statistics that can be used on any course requiring mathematics above Higher GCSE standard. Learn to solve relevant problems and know how to present data clearly.

View Mathematics and Statistics for Economics and Business on our Module Directory

COMPONENT 03: CORE

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 04: CORE

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 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

Introduction to Quantitative Economics

(30 CREDITS)

What are the main sources of economic data? And how is data used in economics? Study the methods of quantitative economics, looking at how economic data is described and analysed. Learn to read, understand and manipulate data from both a theoretical and empirical perspective.

View Introduction to Quantitative Economics on our Module Directory

COMPONENT 03: CORE

Applied Psychology

(30 CREDITS)

Discover how the discipline of psychology informs and shapes five psychological professions: clinical psychology; educational psychology; forensic psychology; occupational psychology; and sports and exercise psychology. In a mixture of lectures and classes, you will evaluate how psychological theories and knowledge gained from research are used in each of these aspects of human behaviour, and how they can be used to solve some of the problems encountered in different areas of life.

View Applied Psychology on our Module Directory

COMPONENT 04: COMPULSORY

Methods of Economic Analysis

(30 CREDITS)

What mathematical techniques are required for a modern economics degree? Do you have the mathematical tools to attack economic problems? If you are worried that your mathematical background could hold you back, then learn the mathematical skills needed when studying problems of economic interest.

View Methods of Economic Analysis on our Module Directory

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: COMPULSORY

Cognitive Psychology

(15 CREDITS)

This module explores the basic cognitive processes involved in thinking about the world, interacting with the world, and experiencing the world. Often as users of these processes they just work and the complexity of the underlying operations are hidden; a kind of "user illusion". You will learn about the emerging scientific picture of how these basic processes operate, thereby gaining a better appreciation of the underlying complexity, and a renewed appreciation of the brilliance of these operations. The module will consider examples of human talents; such as bilingualism, as well as human limitations, such as our working memory capacities. The module will cover core areas of cognition as defined by the British Psychological Society such as perception, mental imagery, attention, memory, language, and consciousness. These will be discussed both with reference to laboratory-based experiments, and also how these processes may be disrupted and may breakdown in various conditions, such as dyslexia, amnesia, and other neuropsychological conditions. Finally, the lectures will address how basic cognitive processes apply to complex real-world behaviours.

View Cognitive Psychology on our Module Directory

COMPONENT 06: COMPULSORY

Psychology of Health

(15 CREDITS)

View Psychology of Health on our Module Directory

COMPONENT 07: COMPULSORY

Career Skills in Economics

(0 CREDITS)

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: COMPULSORY

Experimental Methods in Economics

(15 CREDITS)

Experimental Economics has become a very popular method to address questions that are hard to answer with field data. Laboratory experiments are used to investigate individual choice behaviours such as giving to charities, or behaviour in strategic interactions such as financial markets and collective decision making. The experiments are also used to analyse firm behaviour and assess policies such as anti-trust legislation or even monetary policy. In this module, we will critically evaluate whether these experimental methods provide answers for policy makers and private sector decision makers.

View Experimental Methods in Economics on our Module Directory

COMPONENT 03: COMPULSORY

Introduction to Behavioural Economics

(15 CREDITS)

This module introduces students to the field of behavioural economics which combines economic analysis with insights from psychology to understand human behaviour. This module is offered at second year undergraduate, and at third year undergraduate. While the content is the same for both levels, the learning outcomes assessed in the modules are slightly different.

View Introduction to Behavioural Economics on our Module Directory

COMPONENT 04: COMPULSORY WITH OPTIONS

(30 CREDITS)

COMPONENT 05: OPTIONAL

(30 CREDITS)

COMPONENT 06: COMPULSORY

Career Skills in Economics

(0 CREDITS)

View Career Skills in Economics on our Module Directory

Teaching

Your teaching mainly takes the form of lectures and classes, the latter involving about 20 students
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

Fees and funding

Home/UK fee

£9,250 per year

International fee

£19,500 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.

2024 Open Days (Colchester Campus)

Saturday, January 20, 2024

Find out more

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 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 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.

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.

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

Offer Holder Days

If you are an undergraduate student residing in the UK who has received an offer to study with us in October 2024, you will receive an email invitation soon to book onto one of our Offer Holder Days. Our Colchester Campus Offer Holder Days run from February to May 2024 on various Wednesdays and Saturdays, and our Southend Campus Offer Holder Days run in April and May 2024 on various Wednesdays and Saturdays. Offer Holder Days provide the opportunity to meet your department, tour our campus and accommodation, and chat to current students. We appreciate that travelling to university events can be expensive, so we are offering an Offer Holder Day Travel Bursary, allowing you to claim up to £150 as reimbursement for travel expenses. For further information about Offer Holder Days, including terms and conditions and eligibility criteria for our Travel Bursary, please visit our Offer Holder Days webpage.

If you are an overseas offer-holder, you will be invited to attend one of our virtual events. However, you are more than welcome to join us at one of our in-person Offer Holder Days if you are able to - we will let you know in your invite email how you can do this.

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

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.

Find out more

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

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.

Find out more

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.