Economics
University of Buckingham
UCAS Code: L100 | Bachelor of Science - BSc
About this course
What was the root cause of the current inflation and when will it be tamed? How will tackling climate change impact the economy? Will Bitcoin become the new global currency? What are the economic lessons from the Covid-19 pandemic? Is Artificial Intelligence going to replace the human workforce?
Economics is one of the major disciplines that can answer these questions and others and is a subject vital to Governments, companies, and individuals. Our fast-track 2-year Economics programme is designed to give you the tools of analysis and knowledge to develop towards understanding these questions and to develop you into skilled economic minds.
You will explore these topics and many others. The course is designed to equip students with the quantitative and analytical skills to progress into economics-related jobs in finance, business and consulting, as well as preparing them for master’s level study.
As a student, you will study macroeconomics, development economics, financial markets, microeconomic behaviour, data science, econometrics, and energy economics. We also add practical real-world analysis and policy applications to ensure theory and reality are given appropriate weighting. We regularly host events with The Vinson Centre (on campus) and other seminars where you can see the latest research from academics and practitioners from across the UK and wider world, speak to alumni now working in the world of government, economics and finance and, learn from our own academics’ research.
You will join an international community of students, staff and alumni. Our academics offer a supportive, diverse and creative environment for you to explore your interests and ensure a successful educational experience.
A dedicated professional development course runs through the degree covering academic and job market skills. You will also benefit from internships and research opportunities in the Vinson Centre for Economics and Entrepreneurship.
Many students go onto careers in government, banking and financial markets, corporate finance, economic consultancy and think tanks.
We are also the beneficiaries of a substantial endowment from Nobel prize winning economist Ronald Coase and offer several generous scholarships for students with a passion for Economics. We especially encourage women and ethnic minorities to apply.
Modules
Accounting for Business
Personal Effectiveness & Communication Skills
Principles of Macroeconomics
Principles of Microeconomics
Quantitative Methods 1
Data Science For Economics
Econometrics
Macroeconomic Policy
Macroeconomic Theory
Mathematics for Economists
Microeconomic Policy
Quantitative Methods 2
Behavioural Economics
Dissertation (Economics )
Economics of the Labour market
Energy Economics and Climate Change
History of Economic Thought
Industrial Organisation and Strategy
International Economics
Issues in Developing Economies and the MENA region
Money, Banking and Financial Markets
Welfare Economics
Assessment methods
Teaching is carried out through a combination of lectures supported by seminars and tutorials. A key feature of the Buckingham teaching method is the use of small tutorial groups which provide the most effective means of ensuring that the students benefit from the academic expertise at their disposal. It is also the philosophy of Buckingham’s faculty to be available to students outside the scheduled tutorial times and to encourage good working relationships between staff and students.
A range of activities is pursued within the tutorial groups depending upon the module. Some modules emphasise problem solving as a means of reinforcing and cementing the important ideas – for example the module in Microeconomic Theory. Occasionally we use game playing to encourage discussion and understanding – for example when competing groups of students try to control a computer model of the economy in Principles of Macroeconomics. Other modules place greater emphasis on writing short and accurate technical pieces (Welfare Economics) or longer more discursive papers.
The assessment of individual modules within each course varies according to the subject. Assessment is usually by examination, assessed coursework, or a combination of the two. Please check module information for more details.
Tuition fees
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Extra funding
A generous endowment from the Nobel Prize-winning economist Professor Ronald Coase has enabled us to offer new scholarships to study a range of Economics courses at the University of Buckingham from September 2021. Coase Scholarships have a value of £11,000 for a two year degree. Up to 14 scholarships are available per academic year and cover a range of economics programmes starting in January and September each year, including this one. The scholarships are open to undergraduate applicants that are UK nationals and should have, or expect to achieve, three A-level passes with at least one of these graded at B. Women, ethnic minorities and people from lower income backgrounds are especially encouraged to apply. Selection will be by interview.
All awards are subject to your meeting the University’s academic entry requirements and abiding by the University’s rules and regulations. To be eligible to apply for a scholarship you will need to have been offered a place to study at Buckingham.
For details of our current range of scholarships and bursaries please see our website:
https://www.buckingham.ac.uk/admissions/scholarships/uk/coase
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.
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
Assessment and feedback
Resources and organisation
Student voice
Who studies this subject and how do they get on?
Most popular A-Levels studied (and grade achieved)
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.
Top job areas of graduates
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.
£49k
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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Higher entry requirements
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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).
This is the percentage of final-year students at this university who were "definitely" or "mostly" satisfied with their course. We've analysed this figure against other universities so you can see whether this is high, medium or low.
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This information is from the Higher Education Statistics Agency (HESA), for undergraduate students only.
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.
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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
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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?
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