3 years full-time
Economics is at play every day, in all areas of our lives. Whether it’s the global implications of the Euro crisis, fluctuations in employment or even the price of milk in the supermarket, economics is the driving force.
Many of our lecturers are recognised for their ‘internationally excellent’ research into economics and its application to the real world. This research-led approach will give you a valuable insight into the ways in which financial decisions affect individuals, businesses and societies on a local and global level.
Ranked in the top 10 in the country, we have one of the best graduate employment records in the sector.
I’d advise all students to get involved with student life. Aside from it being good for your employment prospects, it will also be a lot of fun. If you balance a serious society, like the debate club, with a more fun society, such as skydiving, you will mix with a wide variety of people and so you will be more adaptable in the future, this will certainly show up in interviews.Wayne, Graduate, now working as an Economic Analyst.
Our economics courses share a common first year in which we introduce the key areas that underpin the rest of the course. Years 2 and 3 consolidate and expand upon this knowledge via a series of study modules which have been developed to give you a thorough understanding of the subject. They enable you to tailor your degree to meet your academic and career interests.
The first year provides a broad introduction, covering everything from small-scale economic decisions at an individual and local level, through to issues that impact upon the national and international economy.
● Microeconomics introduces the concepts and tools of economic analysis and develops your understanding of the financial decision-making processes of individuals and organisations. (30 credits)
● Macroeconomics focuses on the issues that affect the economy as a whole, such as employment trends and inflation. (30 credits)
● Mathematics will introduce you to the main mathematical techniques used in economics. (10 credits)
● Probability provides the tools required to understand probability ideas and problems and a foundation for inferential statistics. (10 credits)
● Statistics introduces techniques of statistical inference that are used in economics, business, social sciences and problem solving. (10 credits)
● Economic Data Analysis shows you how to find, use and interpret real economic and financial data. (10 credits)
● Historical Perspectives provides an insight into the economic changes that have shaped the modern world. (20 credits)
In addition to the above you will also need to complete our online Academic Integrity module. This covers some of the essential skills and knowledge which will help you to study independently and produce work of a high academic standard which is vital for success at York.
This module will:
The second year allows you to explore areas of interest in greater detail through a combination of core modules and options.
● Microeconomics will introduce you to the most important concepts, methods, tools and techniques of economic analysis and provides a strong basis for advanced economic modules. (20 credits)
● Macroeconomics deepens your understanding of key issues in macroeconomics by introducing the latest models employed by policymakers around the world and developing your capacity for forming critical judgements. (20 credits)
● Econometrics provides an understanding of the analysis of economic models using statistical methods, improves your understanding of applied economic articles and develops the skills needed to evaluate and interpret research findings. (20 credits)
● Economic Growth and Development will teach you how to identify, measure and interpret economic growth, through analysing the development of the European economy from the Second World War to the late twentieth century. (20 credits)
● Mathematics introduces some of the most frequently used quantitative methods in economics, equipping you with the techniques and fluency that are essential to analyse and solve a range of economic problems in the third year and beyond. (10 credits)
You can tailor your course by choosing 30 credits from a list of options which may include:
In the third year you will have free choice over all 120 credits. The wide range of specialist modules allows the flexibility to tailor the course to your future career path. Current options include:
Please note that not every module runs in every year.
Our Study Abroad scheme gives you the opportunity to transfer to one of our overseas partner universities for the second year of the course. By adding an international perspective to your university experience, you can strengthen your CV and improve your standing with employers in a global industry. Current students have visited Hong Kong, Australia and the USA as part of their study abroad experience.
There are a number of Study Abroad options at York. Here are some of the many opportunities you'll find here at the University:
Eighth in the UK for the impact of our research, with 77% defined as 'world-leading' or 'internationally excellent' (Research Excellence Framework)
You will be encouraged to work creatively and independently but you won’t be on your own. Our expert tutors are available to offer guidance and support. Modules are taught via a series of lectures supported by discussion group seminars and practical classes. We place a strong focus on applying academic theory to real-life situations to improve planning, teamwork and research skills.
Our academics have links with industry and are knowledgeable about emerging developments in the sector, so you can be sure you will gain a well-informed account of the issues and challenges facing the field of economics. In addition, each module has its own area on the virtual learning environment that provides easy access to supporting learning materials.
Assessment varies from module to module and includes a combination of exams, written essays and project work.
Your tutors will give feedback in a variety of forms depending on the specific needs of the module. This may consist of written feedback, in-class discussion, model answers, one-to-one discussions or online responses.
This flexible course has been developed to provide you with the skills to meet the needs of the business world. Whether you’re looking for a career in banking, finance, the public sector, an information organisation or in management consultancy, career prospects for graduates are excellent.
Following graduation around a third of our students go on to postgraduate study. Many progress to an MSc here at York. The Department of Economics has one of the largest graduate schools in the country for training and research.
In recent years graduates have gone on to work with:
Economics students graduate with a wide range of transferable skills. As well as developing your subject-specific knowledge, an economics degree will equip you with:
● Analytical thinking
● Empirical and interpretive skills
● Communication skills
In 2014 91% students were employed or in further studies after six months of graduation, a figure that has steadily increased over the last five years. Of these, 85% were employed in a professional or managerial role. (Unistats)
Alumni from the Department include the President of Portugal, Professor Anibal Cavaco Silva, and former Prime Minister of South Korea, Han Seung-Soo, as well as many leading figures in business, finance and academia.
All applications must be made through UCAS. Accepted applicants will be invited to visit between November and April. That's when you can meet our current students and staff, and your visit can include a one-to-one conversation with a member of academic staff.
AAA including Mathematics at grade A or equivalent
We will only accept either A level Economics or Business Studies, but not both, from candidates who are taking both
Scottish Highers / Advanced Highers: AAAAA at Higher level and AA at Advanced Higher level
BTEC: BTEC Extended Diploma with DDD (may vary for combined programmes)
Cambridge Pre-U: D3, D3, D3
Access to HE: Access to HE Diploma with 30 credits achieved from units awarded Distinction and 15 awarded Merit or higher. We strongly recommend some Level 3 units be taken in mathematical subjects
For details of other acceptable qualifications please see the Admissions webpages
International Baccalaureate Diploma: 36 points with a minimum grade of 6 points in three Higher level subjects
Irish Leaving Certificate: AAAAAB
European Baccalaureate: An overall average of 85%
IELTS: 6.5, with a minimum of 6.0 in each component
Pearson: 61, with a minimum of 55 in each component
CAE and CPE (taken from January 2015): 176, with a minimum of 169 each component
TOEFL: 87 overall, with a minimum of 21 in Listening, 21 in Reading, 21 in Speaking, 21 in Writing
Trinity ISE III: Merit in all components