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Middlesex University

Economics

UCAS Code: L102

Bachelor of Arts (with Honours) - BA (Hons)

Entry requirements


Access to HE Diploma

M:30,P:15

Access pass with 45 credits at Level 3 (15 merit or higher)

GCSE/National 4/National 5

GCSE grade C or above in English and Maths or grade 4 if awarded after August 2017

UCAS Tariff

112
94%
Applicants receiving offers

About this course


Course option

3years

Full-time | 2019

Subject

Economics

Economic principles play an important role in the daily choices that we make and is fundamental to how we live our daily lives, impacting on aspects of society from banking and financial services to public policy, education and healthcare. We provide our students with the necessary tools to address economic problems in the real world, ensuring graduates are self-motivated and ambitious learners who are able to confidently navigate their future career path.

**Why study BSc Economics at Middlesex University?**
The study of Economics is concerned with a wide range of issues such as the production, consumption and pricing of goods and services, the study of incentives, the effect of social interactions on economics outcome, monetary and fiscal policies, and decision-making. Through stimulating theory, quantitative methods and debate students explore the key factors that influence economic forces and learn to apply knowledge to real world problems.

The BSc Economics challenges students to grow and perform at a high level, helping them to acquire the technical knowledge, analytical skills and critical thinking that are in demand across many industry sectors and fields. Our degree can lead to a wide range of careers and roles in sectors such as finance, economics, banking, energy and policy, including business analyst, economic consultant, investment analyst, researcher, pricing strategist and policy analyst.

Highly active in areas at the forefront of economics, from applied microeconomics and networks to banking, trade and applied industrial organisations, our academics use their research to inform both the knowledge they deliver and the innovative teaching methods they use. For example students are taught by some of the world's leading experts in the cutting-edge field of behavioural economics, with our Behavioural Economics Group ranked in the top 10 in the UK overall in Experimental Economics (RePEC, 2014).

**Course highlights**

Our teaching staff are active researchers and are widely published in areas including: behavioural and experimental economics, microeconomics, and econometrics.
Work placements are an invaluable opportunity to gain employability skills so we have introduced two options by which students can integrate this into their time at Middlesex. Students who wish to do a placement can take either a 36 week 3rd year sandwich placement as part of a 4 year degree or two 18 week summer placements allowing students to complete within 3 years
In your final year you can choose one of three specialist pathways (Quantitative Economics, Business Economics, Financial Economics) or select from all of our Economics modules for a non-pathway route.
Our academics provide excellent student support through: the Virtual Learning Platform, high levels of office-hour availability and the production and distribution of quality learning materials and computer experiments.
You will have access to cutting-edge business resources including Chartered Management Institutes' Management Direct Resource Hub and Datastream.

Modules

Year 1: Principles of Microeconomics (30 credits) - Compulsory, Principles of Macroeconomics (30 credits) - Compulsory, Statistics and Inference (30 credits) - Compulsory, Quantitative Techniques 1 (30 credits) - Compulsory, Placement (60 Credits) - Optional.
Year 2: Microeconomics (30 credits) - Compulsory, Macroeconomics (30 credits) - Compulsory, Econometrics (30 credits) - Compulsory, Quantitative Techniques 2 (30 credits) - Compulsory, Placement (60 or 120 Credits) - Optional
Year 3: Advanced Microeconomics (30 credits) - Optional, Advanced Macroeconomics (30 credits) - Optional, Advanced Econometrics (30 credits) - Optional, Research Topics in Economics (30 credits) - Optional, Social Network and Labour Economics (30 credits) - Optional, Development Economics (30 credits) - Optional, Behavioural Economics (30 credits) - Optional, Industrial Organisation (30 credits) - Optional, Trade: Theory and Policy (30 credits) - Optional, Experimental Economics (30 credits) - Optional, Banking Theory and Practice (30 credits) - Optional, Financial Risk Management in Banking (30 credits) - Optional, Monetary Policy (30 credits) - Optional, International Finance (30 credits) - Optional, Finance (30 credits) - Optional, Investment Analysis (30 credits) - Optional.

Tuition fees

Select where you currently live to see what you'll pay:

Channel Islands
£9,250
per year
England
£9,250
per year
EU
£9,250
per year
International
£11,500
per year
Northern Ireland
£9,250
per year
Scotland
£9,250
per year
Wales
£9,250
per year

The Uni


Course location:

Hendon Campus

Department:

Economics and Statistics

TEF rating:

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What students say


We've crunched the numbers to see if overall student satisfaction here is high, medium or low compared to students studying this subject(s) at other universities.

75%
med
Economics

How do students rate their degree experience?

The stats below relate to the general subject area/s at this university, not this specific course. We show this where there isn’t enough data about the course, or where this is the most detailed info available to us.

Economics

Teaching and learning

80%
Staff make the subject interesting
89%
Staff are good at explaining things
75%
Ideas and concepts are explored in-depth
57%
Opportunities to apply what I've learned

Assessment and feedback

Feedback on work has been timely
Feedback on work has been helpful
Staff are contactable when needed
Good advice available when making study choices

Resources and organisation

75%
Library resources
93%
IT resources
97%
Course specific equipment and facilities
72%
Course is well organised and has run smoothly

Student voice

Staff value students' opinions

Who studies this subject and how do they get on?

75%
UK students
25%
International students
70%
Male students
30%
Female students
77%
2:1 or above
11%
Drop out rate

Most popular A-Levels studied (and grade achieved)

C
D
D

After graduation


The stats in this section relate to the general subject area/s at this university – not this specific course. We show this where there isn't enough data about the course, or where this is the most detailed info available to us.

Economics

What are graduates doing after six months?

This is what graduates told us they were doing (and earning), shortly after completing their course. We've crunched the numbers to show you if these immediate prospects are high, medium or low, compared to those studying this subject/s at other universities.

£18,720
low
Average annual salary
94%
med
Employed or in further education
77%
low
Employed in a role where degree was essential or beneficial

Top job areas of graduates

31%
Welfare professionals
15%
Managers and proprietors in other services
14%
Sales assistants and retail cashiers
What do graduate employment figures really tell you?

This is a degree in demand, as business increasingly needs workers who can examine and explain complex data. And yet the number of economics graduates fell by nearly 10% last year, which means demand is even greater. As so many economic grads go into banking and finance, it's not surprising that over half of all 2015's economics graduates who did go into work were working in London. And don't think it's just the finance industry that's interested in these graduates - there's a significant number who enter the IT industry to work with data as analysts and consultants. It's quite common for economics graduates to go into jobs such as accountancy and management consultancy which may require you to take more training and gain professional qualifications - so don’t assume you won’t have to take any more exams once you leave uni. And the incentive to take them, of course, is better pay, which will be on top of an already healthy average starting salary of over £30,000 for graduates working in the capital.

What about your long term prospects?

Looking further ahead, below is a rough guide for what graduates went on to earn.

Economics

The graph shows median earnings of graduates who achieved a degree in this subject area one, three and five years after graduating from here.

£15k

£15k

£25k

£25k

£28k

£28k

Note: this data only looks at employees (and not those who are self-employed or also studying) and covers a broad sample of graduates and the various paths they've taken, which might not always be a direct result of their degree.

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This is what the university has told Ucas about the criteria they expect applicants to satisfy; some may be compulsory, others may be preferable.

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This is the percentage of applicants to this course who received an offer last year, through Ucas.

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This is what the university has told Ucas about the course. Use it to get a quick idea about what makes it unique compared to similar courses, elsewhere.

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Course location and department:

This is what the university has told Ucas about the course. Use it to get a quick idea about what makes it unique compared to similar courses, elsewhere.

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Teaching Excellence Framework (TEF):

We've received this information from the Department for Education, via Ucas. This is how the university as a whole has been rated for its quality of teaching: gold silver or bronze. Note, not all universities have taken part in the TEF.

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This information comes from the National Student Survey, an annual student survey of final-year students. You can use this to see how satisfied students studying this subject area at this university, are (not the individual course).

We calculate a mean rating of all responses to indicate whether this is high, medium or low compared to the same subject area at other universities.

Have a question about this info? Learn more here

This information is from the Higher Education Statistics Agency (HESA).

You can use this to get an idea of who you might share a lecture with and how they progressed in this subject, here. It's also worth comparing typical A-level subjects and grades students achieved with the current course entry requirements; similarities or differences here could indicate how flexible (or not) a university might be.

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Post-six month graduation stats:

This is from the Destinations of Leavers from Higher Education Survey, based on responses from graduates who studied the same subject area here.

It offers a snapshot of what grads went on to do six months later, what they were earning on average, and whether they felt their degree helped them obtain a 'graduate role'. We calculate a mean rating to indicate if this is high, medium or low compared to other universities.

Have a question about this info? Learn more here

Graduate field commentary:

The Higher Education Careers Services Unit have provided some further context for all graduates in this subject area, including details that numbers alone might not show

Have a question about this info? Learn more here

The Longitudinal Educational Outcomes dataset combines HRMC earnings data with student records from the Higher Education Statistics Agency.

While there are lots of factors at play when it comes to your future earnings, use this as a rough timeline of what graduates in this subject area were earning on average one, three and five years later. Can you see a steady increase in salary, or did grads need some experience under their belt before seeing a nice bump up in their pay packet?

Have a question about this info? Learn more here