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University of Liverpool

Economics

UCAS Code: L100

Bachelor of Science (with Honours) - BSc (Hons)

Entry requirements


A level

A,A,B

A level Mathematics minimum grade A required. The A level requirement for Economics at 50% is grade B at A level Mathematics. The A level requirement for Economics at 25% is grade B at A level Mathematics. GCSE Mathematics at grade C/5 required The A level requirement for Economics at 50% is grade B at A level Mathematics. The A level requirement for Economics at 25% is grade B at A level Mathematics.

Access to HE Diploma

D:45

Accepted in a relevant subject, with 45 level 3 credits at Distinction (inc. a minimum of 15 level 3 Maths credits)

International Baccalaureate Diploma Programme

36

36 points with no score less than 4 including 6 in Higher Level Mathematics - International Baccalaureate Mathematical Studies is not accepted for any Management School programme in lieu of GCSE Mathematics, or Higher Level Mathematics where this is a requirement

Leaving Certificate - Higher Level (Ireland) (first awarded in 2017)

H1,H1,H2,H2,H2,H3

including Mathematics at H1

Pearson BTEC Level 3 National Extended Diploma (first teaching from September 2016)

D*D*D

BTEC Diploma at D*D* plus A level Mathematics grade A. Or BTEC Extended Diploma at D*D*D plus A level Mathematics grade A. BTEC applicants without an A level should apply to N100, N120 or N500. BTEC qualifications must be in a Business related subject.

Scottish Advanced Higher

A,A,B

Including Mathematics grade A

Welsh Baccalaureate - Advanced Skills Challenge Certificate (first teaching September 2015)

A

Accepted including two A levels at AB (including grade A in Mathematics)

UCAS Tariff

136-160

We've calculated how many Ucas points you'll need for this course.

85%
Applicants receiving offers

About this course


Course option

3.0years

Full-time | 2020

Subject

Economics

The University of Liverpool Management School is one of an elite group of institutions worldwide to be AACSB-Accredited.

If you are interested in why individuals, companies and governments behave in certain ways and want to develop high level quantitative and analytical skills to succeed in a variety of roles, an Economics degree might interest you.

The BSc Economics programme develops students’ analytical skills and provides comprehensive training in, and practical application of, the theoretical and quantitative tools used in the study of economics and finance.

You will gain a solid understanding of the current economic and financial issues faced by governments and businesses and the ability to apply econometric models to support these findings in either of our two pathways: Economics or Finance.

Our graduates successfully find careers as analysts, consultants, researchers, traders and other roles in organisations such as Deloitte, GSK, KPMG, NHS, PwC, as well as specialist investment/economic research firms or pursue postgraduate study.

Links with professional bodies
With excellent teaching and quality content the programme is accredited by the Institute of Chartered Accountants in England and Wales (ICAEW), the Association of Chartered Certified Accountants (ACCA) and the Chartered Institute of Management Accountants (CIMA). Exemptions from various examination papers are available upon successful completion of certain modules.

This programme is available with a Year in China. The Year in China allows undergraduate students the opportunity to spend one year at our joint venture, Xi'an Jiaotong-Liverpool University (XJTLU), following XJTLU's BA China Studies degree classes. XJTLU is a fully English-speaking university, located in Suzhou. If you wish to study this programme with a Year in China please put the option code YC in the Further Choices section of your UCAS application form.

Modules

Students on both pathways are given rigorous grounding in both microeconomic and macroeconomic theory and econometric theory during the first two years of study. Students following the generalist pathway have an opportunity in the first year to take business-related modules offered by the School, whilst those on the finance pathway take introductory modules in accounting and finance. In the second year, finance students continue their specialist studies with modules in financial management and securities markets, whilst students on the generalist pathway can select modules from a range of economics areas. In the final year, students are able to select from a greater range of optional modules so that they can specialise in the areas of economics and finance that are of the greatest interest to them and their future aspirations.

The Uni


Course location:

University of Liverpool

Department:

Management

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.

76%
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
88%
Staff are good at explaining things
81%
Ideas and concepts are explored in-depth
76%
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

91%
Library resources
90%
IT resources
91%
Course specific equipment and facilities
82%
Course is well organised and has run smoothly

Student voice

Staff value students' opinions

Who studies this subject and how do they get on?

33%
UK students
67%
International students
50%
Male students
50%
Female students
74%
2:1 or above
5%
Drop out rate

Most popular A-Levels studied (and grade achieved)

B
A
B

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.

£23,000
med
Average annual salary
96%
med
Employed or in further education
100%
high
Employed in a role where degree was essential or beneficial

Top job areas of graduates

29%
Business, research and administrative professionals
27%
Business, finance and related associate professionals
7%
Public services and other associate professionals
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.

£21k

£21k

£28k

£28k

£34k

£34k

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.

Have a question about this info? Learn more here

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