This programme is an exciting chance to explore some of the increasingly prominent economics issues affecting 21st century political and current affairs. Economics is an intellectually challenging discipline that builds important skills and techniques in using maths and applying statistical data, as well as wider transferable skills, all of which will make you a highly sought-after graduate with a significant advantage in the employment market.
90% of our BSc Economics students would recommend the University of Birmingham as a great place to study
National Student Survey 2017
Please be reassured that the vote to leave the European Union does not mean there will be any immediate material change to the UK university sector’s participation in EU programmes such as Erasmus and study abroad programmes. Visit our EU Referendum information page for more information.
First Year, BSc Economics
“The fact that the Economics Department is in the Business School means that the modules are more geared towards the real business world compared to other universities.”
Quick links: Why study this course | Modules | Fees and Funding | Entry Requirements | How to apply
Economics BSc at Birmingham Business School is a very popular degree course and it is recommended to apply early for this highly sought after single honours degree. You will be taught by leading economists and we’re renowned for producing high-calibre graduates with an impressive faculty alumni.
The BSc Economics degree is a solid foundation and gateway to many career options and our extensive range of module choices enables you to develop a degree shaped by your interests and skills.
This flexibility means that on completion of your degree, you'll be in high demand by employers in diverse sectors, such as financial management and accountancy, government services, investment and retail banking, teaching, insurance, general management, personnel and journalism.
Interested in combining your studies?
You can also study Economics with a range of modern languages, spending one of your years of study abroad. There is also the option of combining your studies with Geography, Political Science, Russian Studies or Urban and Regional Planning.
Find out more about our joint honours courses.
You will be introduced to the core areas of the subject: statistics microeconomics and macroeconomics to ensure you have the right foundations for your degree.You will also learn about computer-based methods for analysing economic data and explore topics in applied economics. There are modules on Economic History along with a Mathematics for Economics course for students looking for a higher level of technical skill.
Your second year will allow you to focus on consolidating the main areas of the subject, whilst enabling you to begin to explore the many optional modules on offer. You might opt for theoretical or mathematical economics or study more applied topics.
The emphasis in your final year shifts towards applying economic theory and how this impacts on policy-making. You will also write an extended essay drawing on your developed communication skills.
If you want to take advantage of a unique opportunity to be supported with a work placement opportunity as part of your final year, this course includes the opportunity to undertake a 'Professional Development' module as part of your optional module choices.
- 94% of our graduates are now in work or further study
- 91% student satisfaction i.e. students satisfied with the overall quality of this course
- 91% of our students state that this is an intellectually stimulating course
- Average starting salaries for our graduates of £26,000
Our BSc Economics course at Birmingham has an excellent reputation for producing graduates that are much in demand, giving you an immediate competitive edge in the jobs market. As well as first-class theory and practical teaching from experts in their field, from day one we will give you all the support and guidance you need to prepare for your career. This includes providing you with lots of opportunities to develop skills employers value, both within your degree programme and outside, such as:
- Applying for an internship, with university-funded bursaries to help with costs
- Joining our Personal Skills Award (PSA) scheme, which credits the work you do on voluntary activities outside your degree or through extra modules you can take over two years
- Becoming ‘enterprising’ and taking advantage of mentoring and support from ots of ‘entrepreneurship and innovation’ activities on campus
- Getting involved in our Alumni Mentoring scheme and learning from the best of the best
Students without A-Level Mathematics or with A-Level Mathematics grade C or below or equivalent must choose the following module:
Students with A-Level Mathematics grades A*,A and B or equivalent must choose the following module:
Choose 20 credits from the following modules and 20 credits from Modules Outside the Main Discipline:
Choose 60 credits from the following. Where modules are linked both elements MUST be taken:
- Contemporary Issues in the UK Economy, 20 credits
- Economics of Corporate Finance, 10 credits
- Microfoundations of Macroeconomics, 10 credits
- Development Economics, 20 credits
- China and the World Economy, 10 credits
- Decision Theory and Games, 10 credits
- Econometric Methods, 10 credits
- Environmental Economics, 20 credits
- Mathematical Statistics for Economics, 10 credits
- Optimization for Economics, 10 credits
- Public Economics, 10 credits
- Regulatory Framework of Banking, 10 credits
Choose 80 credits from the following modules. Where modules are linked, both parts MUST be chosen.
- International Trade Policy, 10 credits
- The Russian Economy: From Plan to Market A, 10 credits
- The Russian Economy: From Plan to Market B, 10 credits
- Advanced Econometric Theory, 10 credits
- Applied Econometrics, 10 credits
- Behavioural and Experimental Economics, 10 credits
- Economic Policy and Political Economy, 10 credits
- Economics of Banking, 10 credits
- Economics of Financial Markets, 10 credits
- Economics of Uncertainty and Information, 10 credits
- Economics of the European Union, 20 credits
- Game Theory, 10 credits
- General Equilibrium and Welfare, 10 credits
- Health Economics, 10 credits
- International Trade Theory, 10 credits
- International and European Monetary Issues, 10 credits
- Labour Economics, 20 credits
- Monetary Policy, 10 credits
- Open Economy Macroeconomics, 10 credits
- Professional Development, 20 credits
- Theory of Industrial Organisation, 10 credits
Please note: The modules listed on the website for this programme are regularly reviewed to ensure they are up-to-date and informed by the latest research and teaching methods. Unless indicated otherwise, the modules listed for this programme are for students starting in 2017. We aim to publish any changes to compulsory modules and programme structure for 2018 entry by 1 September 2017 and recommend you refer back to this page shortly after that date for any changes. On rare occasions, we may need to make unexpected changes to compulsory modules after that date; in this event we will contact offer holders as soon as possible to inform or consult them as appropriate.
For UK students beginning their studies in September 2017, the University of Birmingham will charge the maximum approved tuition fee per year. The fees for your first year of study will therefore be £9,250.
tuition fees page for more information.
Undergraduate Home/EU student fees 2017-18
Overseas students entering in 2017-18
Overseas students entering in 2017-18
Fee Band (Undergraduate)
At Birmingham we ensure that fears about finance do not constrain prospective students from considering university and that excellence is rewarded.
The University offers a range of additional financial support for students studying at Birmingham in the form of bursaries, grants and scholarships.
Learn more about our
scholarships and awards.
- Number of A levels required:
- Typical offer:
- Required subjects and grades:
- GCSE Mathematics at grade A
- General Studies:
- not accepted
BTEC Extended Diploma, Diploma and Subsidiary Diploma are all considered on a case by case basis - contact us for further guidance
International Baccalaureate Diploma: 6,6,6 at Higher Level with a minimum of 32 points overall.
Standard English language requirements apply.
Learn more about international entry requirements
Depending on your chosen course of study, you may also be interested in one of our foundation pathways, which offer specially structured programmes for international students whose qualifications are not accepted for direct entry to UK universities. Further details can be found on Birmingham International Academy web pages.
Apply through the UCAS website using code L100.
UCAS (Universities and Colleges Admissions Service) is a UK organisation responsible for managing applications to university and college.
View further advice on 'How to apply for undergraduate courses', including advice for UK, EU and overseas applicants.
Joint Honours combinations
Other ways to study Economics
Key Information Set (KIS)
Key Information Sets (KIS) are comparable sets of information about full- or part-time undergraduate courses and are designed to meet the information needs of prospective students.
All KIS information has been published on the Unistats website and can also be accessed via the small advert, or ‘widget’, below. On the Unistats website you are able to compare all the KIS data for each course with data for other courses.
The development of Key Information Sets (KIS) formed part of HEFCE’s work to enhance the information that is available about higher education. They give you access to reliable and comparable information in order to help you make informed decisions about what and where to study.
The KIS contains information which prospective students have identified as useful, such as student satisfaction, graduate outcomes, learning and teaching activities, assessment methods, tuition fees and student finance, accommodation and professional accreditation.
Economics is a department within Birmingham Business School, which has many strong links with industry. As well as exploring theoretical aspects, you’ll find that your degree has a strong practical focus, and this is reflected in the way you’ll be taught. Learning from experts in their field, you will be encouraged to think for yourself and will experience a number of different learning settings, including lectures, tutorials and even the opportunity to be involved in our Economics Laboratory.
Our aim is to equip you with specific skills in economics, but also generic skills that can be applied right across the job spectrum, such as analytical and data analysis.
As a Birmingham student you are part of an academic elite and will learn from world-leading experts.
How will I be taught?
During your time at the Business School you will experience teaching through a mixture of lectures and tutorials. Small-group tutorials/personal tutorials run alongside our lectures, addressing any individual problems you may have and allowing you to consolidate lecture material, as well as test your understanding through problem-solving exercises.
Self study is an essential part of the programme and requires self motivation and enthusiasm for your subject and allows you to pursue your own lines of enquiry and become an independent thinker.
You are assessed mainly through examinations, with some assessed assignments for more practical modules. Whilst abroad you will complete an essay, which is to be examined for both language and economics content, and you will also write an extended essay in your fourth year, allowing you to consolidate the wide range of your acquired skills.
At the end of this degree, you should have a good appreciation of economics relating to financial markets and institutions; quantitative techniques for empirical analysis of economic and financial data; accounting concepts relevant to financial market analysis; the legal aspects of financial services; and the history, culture, political structure and economy of the relevant European country, allied to a high level of linguistic skill.
Undergraduate students can expect around 15 contact hours per week, depending on year of study and optional module choices made. The remainder of the working week consists of self-guided study based on degree programme content and requirements of specific modules.
Your learning will take place in a range of different settings, from scheduled teaching in lectures and small group tutorials, to self-study and peer group learning (for example preparing and delivering presentations with your classmates).
You’ll find our Economics department staff here at Birmingham located in a building at the heart of our world famous main campus in Edgbaston, Birmingham. The main Edgbaston campus is close to the city centre but has all the amenities of a small town, as well as its own railway station.
In 2012, Birmingham Business School founded and invested in The Birmingham Experimental Economics Laboratory (BEEL) which enables economics experiments to take place on campus. The laboratory focuses on research into individual and strategic decision making and students are actively encouraged to participate in these experiments.
To begin with you may find this way of working challenging, but rest assured that we’ll enable you to make this transition. You will have access to a comprehensive support system that will assist and encourage you, including personal tutors and welfare tutors who can help with both academic and welfare issues. During your first year it is important that you have a smooth transition into University. You will be able to talk to your tutors about this and discuss if there are particular areas where you need support.
Our Academic Skills Centre also offers you support with your learning. The centre is a place where you can develop your mathematical, academic writing and general academic skills. It is the centre’s aim to help you to become a more effective and independent learner through the use of a range of high-quality and appropriate learning support services. These range from drop-in sessions with support with mathematics and statistics based problems provided by experienced mathematicians, to workshops on a range of topics including note talking, reading, writing and presentation skills.
Virtual and enquiry based learning
Virtual Learning Environment (VLE) is an excellent tool for supporting our academic courses, allowing you to share thoughts on assignments with other students via the discussion group facilities, and even submit your work electronically.
Enquiry Based Learning (EBL) is a group activity which requires you to work in a team, with a variety of assessment methods; in either a group or individually, by written reports and sometimes as a presentation. Based on techniques used in research-led organisations like the University of Birmingham, EBL gives you a research-orientated approach to a problem and helps you to gain essential skills that are highly valued by employers.
Studying at degree-level is likely to be very different from your previous experience of learning and teaching. You will be expected to think, discuss and engage critically with the subject and find things out for yourself. We will enable you to make this transition to a new style of learning, and the way that you are assessed during your studies will help you develop the essential skills you need to make a success of your time at Birmingham.
You’ll be assessed in a variety of ways, and these may be different with each module that you take. You will be assessed through coursework which may take the form of essays, group and individual presentations, laboratory-based work (depending on your chosen degree) and formal exams.
Throughout the degree, you will receive timely, constructive feedback on your work to help you progress and address any areas that may require attention. This will include written feedback on your assessments, class feedback sessions and discussions with your tutor.
At the beginning of each module, you’ll be given information on how and when you’ll be assessed for that particular programme of study. You’ll receive feedback on each assessment within four weeks, so that you can learn from and build on what you have done. You’ll be given feedback on any exams that you take; if you should fail an exam we will ensure that particularly detailed feedback is made available to enable you to learn for the future.
Your work will be assessed both through your end-of-year exams and coursework, and of course in your final year you will also produce an extended essay to demonstrate your communication skills.
A degree in Economics provides the skills required for a very wide range of careers. These skills are useful in the financial sector, general commerce, public sector, journalism and education to name but a few. Many employers will value the training that an Economics degree provides. The University of Birmingham is known to produce high quality graduates, therefore students are in high demand when they have completed their study.
Our business degrees have long been recognised by major employers across all sectors of the economy. Our students find employment in areas as diverse as retail management, financial services, accountancy, motor manufacturing, management consultancy and pharmaceuticals; some become self employed.
Your Birmingham degree
Your Birmingham degree is evidence of your ability to succeed in a demanding academic environment. Employers target Birmingham students for their drive, diversity, communication and problem-solving skills, their team-working abilities and cultural awareness, and our graduate employment statistics have continued to climb at a rate well above national trends. If you make the most of the wide range of services you will be able to develop your career from the moment you arrive.
Preparation for your career should be one of the first things you think about as you start university. Whether you have a clear idea of where your future aspirations lie or want to consider the broad range of opportunities available once you have a Birmingham degree, our Careers Network can help you achieve your goal.
Our unique careers guidance service is tailored to your academic subject area, offering a specialised team (in each of the five academic colleges) who can give you expert advice. Our team source exclusive work experience opportunities to help you stand out amongst the competition, with mentoring, global internships and placements available to you. Once you have a career in your sights, one-to-one support with CV’s and job applications will help give you the edge. In addition, our employer-endorsed award-winning Personal Skills Award (PSA) recognises your extra-curricular activities, and provides an accredited employability programme designed to improve your career prospects.
We also offer voluntary work which complements your studies by helping you gain practical experiences in occupational settings while contributing back to society. This can bring new skills that will be useful throughout your future and can make a positive impact on your learning whilst at university. Volunteering enables you to develop skills such as communication, interpersonal skills, teamwork, self-confidence and self-discipline all of which can be transferred into your studies.
Visit the University of Birmingham Careers pages for further information on how we are 'Investing in your future'.