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BSc (Hons) Economics and Econometrics

Develop the analytical skills to unlock value in economic data

2018/19 entry | 2017/18 entry

UCAS code

L144

Institution code

Y50

Length

3 years full-time

Typical offer

AAB (full entry requirements)

Start date

September 2018 (term dates)

UK/EU fees

Fees for 2018/19 to be confirmed. See fees and funding.

International fees

£16,620 per year (2018/19)

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Interested in finding out more about the national economy and the economic decisions made by organisations? Enjoy testing theories, identifying patterns and finding solutions?

Economies across the world are changing at a rapid rate. This course will teach you the methods used for analysing economic data and equip you with the mathematical and statistical skills to advise businesses on economic policies, predict patterns of behaviour and reduce the risks involved in financial decision making.

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Leading alumni

Our alumni 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.

Course content

By combining the study of economics with the mathematical and statistically focused area of econometrics, you will learn about current issues in modern-day economic forecasting and analysis whilst developing the analytical, problem-solving and quantitative skills to understand and interpret economic indicators.

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 core and optional study modules which have been developed to give you a thorough understanding of the subject and enable you to tailor the degree to fit your academic and career interests.

Study abroad

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.

There are a number of Study Abroad options at York. Here are some of the many opportunities you'll find here at the University:

Year 1

The first year provides a broad introduction to all areas of economics, from small scale economic decisions at an individual and local level through to issues that impact upon national and international economies.

Core modules

  • 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)

More detailed module descriptors

Academic integrity module

In addition to the above you will also need to complete our online Academic Integrity module.

Year 2

The second year will advance your analytical skills and techniques through study of the following core modules:

  • 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)
  • Econometric Theory 1 examines the methods and models integral to the understanding of econometrics, enabling you to grasp statistical theory and gain a comprehension of multivariate random variables. (10 credits)
  • Econometric Theory 2 builds upon the knowledge and skills developed in Econometric Theory 1. (10 credits)
  • Macroeconomics 2 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)
  • Microeconomics 2 will introduce you to the most important concepts, methods, tools and techniques of economic analysis and provide a strong basis for advanced economic modules. (20 credits)
  • Mathematics 2 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 third year and beyond. (10 credits)

You can tailor your course by choosing 30 credits from a pathway style list of options which may include:

  • Dynamic Modelling
  • Economics of Population
  • Financial Economics and Capital Markets
  • Introduction to Accountancy
  • Development Economics

More detailed module descriptors

Year 3

In third year you will take two core econometric-based modules and choose 80 credits worth of optional modules. This approach allows you to personalise your degree to match your interests and career goals.

Core modules

  • Financial and Time Series Econometrics combines Financial Econometrics and Introduction to Time Series. (20 credits)
  • Econometric Methods for Research provides an appreciation of the econometric techniques that are widely used in modern economic research, such as multiple linear regression, simultaneous equation models, non-linear models, generalised method of moments and some time series analysis. (20 credits)

Plus options totalling 80 credits, which may include:

  • Alternative Perspectives in Economics
  • Applied Economics
  • International Economics
  • Labour Economics
  • Mathematical Economics
  • Structure and Regulations
  • Microeconomics 3
  • Macroeconomics 3
  • Applied Econometrics
  • Principles of Corporate Finance and Derivative Security
  • Growth and Development
  • Experimental Economics
  • Political Economics
  • Social Policy

More detailed module descriptors

Please note that not every module runs in every year.

Please note, modules may change to reflect the latest academic thinking and expertise of our staff.

Fees and funding

Annual tuition fees for 2018/19

UK/EU International
£9,250 (2017/18)

Fees for 2018/19 are subject to increase in line with government policy. Updated fees information will be published as soon as possible after the government announcement.
£16,620

UK/EU or international fees? The level of fee that you will be asked to pay depends on whether you're classed as a UK, EU or international student.

Fees for subsequent years

  • UK/EU: further increases within the government fee cap will apply in subsequent academic years. We will notify you of any increase as soon as we can.
  • International: fees for international students are subject to annual increases. Increases are currently capped at 2% per annum.

More information

For more information about tuition fees, any reduced fees for study abroad and work placement years, scholarships, tuition fee loans, maintenance loans and living costs see undergraduate fees and funding.

Funding

We offer a number of scholarships to help cover tuition fees and living costs.

Home/EU students

International students

Nigel Thompson Memorial Scholarships

These scholarships are worth £3,000 each year to talented students from families of lower income.

Living costs

You can use our living costs guide to help plan your budget. It covers accommodation costs and estimated social costs.

Teaching and assessment

You’ll work with world‐leading academics who’ll challenge you to think independently and excel in all that you do. Our approach to teaching will provide you with the knowledge, opportunities, and support you need to grow and succeed in a global workplace. Find out more about our approach to teaching and learning.

Teaching format

All teaching takes place within a large and active department, led by a specialist team of research-active teaching staff. 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 so, wherever possible, we find ways to incorporate practical work into our teaching 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’re gaining 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.

Teaching location

You will be based in the Department of Economics and Related Studies on Campus West. Your teaching will take place in a variety of locations on Campus West.

Course location

Our beautiful green campus offers a student-friendly setting in which to live and study, within easy reach of the action in the city centre. It's easy to get around campus - everything is within walking or pedalling distance, or you can always use the fast and frequent bus service.

Assessment and feedback

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.

Careers and skills

This flexible course has been developed to provide you with the business skills to specialise in economic forecasting and statistical analysis as well as branching out into the wider world of economics. So whether you’re looking for a career in banking, finance, research or 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.

Career opportunities

In recent years graduates have gone on to work with:

  • KPMG UK
  • The World Food Programme
  • Ernst and Young
  • Goldman Sachs
  • The European Parliament
  • Multinationals (in finance, strategy and data analysis)

Transferable skills

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:

  • Logical thinking
  • Quantitative skills
  • Problem-solving
  • Communication skills

Entry requirements

Qualification Grade
A levels

AAB including Mathematics at grade B or equivalent. We will accept either Economics or Business Studies, but not both.

Access to Higher Education Diploma 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.
BTEC BTEC National Extended Diploma DDD
Cambridge Pre-U D3, D3, M2
European Baccalaureate An overall average of 80%
International Baccalaureate 35 points with a minimum grade of 6 points in three Higher level subjects
Irish leaving Certificate AAAABB
Scottish Highers / Advanced Highers AAAAB at Higher level and AB at Advanced Higher level

English language

  • 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

Applying

To apply to York, you will need to complete an online application via UCAS (the Universities and Colleges Admissions Service).

Accepted applicants will be invited to visit between November and April. You'll meet our current students and staff, which may include a one-to-one conversation with a member of academic staff.

Next steps

Contact us

Contact our admissions tutor if you have any questions

Learn more

Department of Economics and Related Studies

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