PDF version of Economics BSc (Econ)


Admissions Tutor

Dr Malcolm Pemberton

Email: econ-ug-admissions@ucl.ac.uk

Tel: +44 (0)20 7679 5819

Fees and Funding

UK & EU Fee

£9,000 (2013/14)

Overseas Fee

£15,750 (2013/14)

General Funding Notes

Details about financial support are available at: www.ucl.ac.uk/study/ug-finance

Key Facts

Research Assessment Exercise

95% rated 4* (‘world-leading’) or 3* (‘internationally excellent’)
(What is the RAE?)

Departmental website


More Information

Prospectus subject entry


Prospectus faculty entry

Social and Historical Sciences

Economics BSc (Econ)

UCAS Code: L100

This degree, aimed at ambitious and mathematically capable students, provides a thorough grounding in economic theory, along with the technical tools, mathematics and statistics to assist in mastering the theory. Our highly regarded department offers a stimulating learning environment in central London, close to the world’s largest financial centre.

Entry Requirements

A Levels

Grades A*AA
Subjects Mathematics grade A* required, plus grade A if Economics being offered.
AS Levels A pass in a further subject at AS level or equivalent is required.
GCSEs English Language and Mathematics at grade C. For UK-based students, a grade C or equivalent in a foreign language (other than Ancient Greek, Biblical Hebrew or Latin) is required. UCL provides opportunities to meet the foreign language requirement following enrolment, further details at: www.ucl.ac.uk/ug-reqs

IB Diploma

Points 39
Subjects A score of 19 points in three higher level subjects including grade 7 in Mathematics and grade 6 in Economics if taken, with no score lower than 5.

Other Qualifications

For entry requirements with other UK qualifications accepted by UCL, choose your qualification from the list below:

Selected entry requirements will appear here

International Qualifications

International Qualifications

In addition to A level and International Baccalaureate, UCL considers a wide range of international qualifications for entry to its undergraduate degree programmes.

Selected country's equivalent grades will appear here

University Preparatory Certificates

UCL offers intensive one-year foundation courses to prepare international students for a variety of degree programmes at UCL.

The University Preparatory Certificates (UPCs) are for international students of high academic potential who are aiming to gain access to undergraduate degree programmes at UCL and other top UK universities.

For more information see our website: www.ucl.ac.uk/upc

English Language Requirements

If English is not your first language you will also need to satisfy UCL's English Language Requirements. A variety of English language programmes are offered at the UCL Centre for Languages & International Education.

Degree Summary

Degree Benefits

  • Gain the skills necessary to evaluate policy proposals logically and to carry out simple statistical investigations of the sort required by country desks in major banks and international businesses.
  • Learn in one of Europe's leading centres for research in economics. Our research informs policy advice to international governments and agencies, such as the United Nations and the World Bank.
  • We are recognised for our internationally distinguished research, achieving an outstanding evaluation in the most recent (2008) Research Assessment Exercise.
  • Benefit from our prestigious annual Gorman lecture series presented by eminent economists and from the activities of our student society, which include the publication of The Drayton Weekly magazine.

The department's fundamental premise is that students should learn how to do economics themselves, rather than just learn how the academic staff or other economists do it.

In the first year you take compulsory courses on economic theory, applied economics, mathematics and statistics, and have the opportunity to take optional courses.

In your second year, principles of model-building, problem-solving and quantitative techniques are emphasised, and you will take compulsory core courses in microeconomics, macroeconomics and econometrics.

Most final-year courses introduce you to research papers and current research, including that of staff members. You will benefit from instruction by staff whose research impacts directly on the policy process, for example via contacts with the Institute for Fiscal Studies and the Department for Business, Innovation and Skills.

Your Learning

The cornerstone of each course is a lecture series. Through demonstration classes and small-group work you will learn how to put economic models together, how to undertake quantitative analysis, and, potentially, formulate your own model to address a new problem. In the later parts of the programme, there is an increased emphasis on collaborative work and group presentations.


Assessment takes two forms. Firstly, ongoing monitoring of your work on a course-by-course basis provides feedback aimed at improving your understanding and technique. Secondly, unseen written examinations at the end of each year assess your learning and achievement and contribute towards your final degree.

Degree Structure

In each year of your degree you will take a number of individual courses, normally valued at 0.5 or 1.0 credits, adding up to a total of 4.0 credits for the year. Courses are assessed in the academic year in which they are taken. The balance of compulsory and optional courses varies from programme to programme and year to year. A 1.0 credit is considered equivalent to 15 credits in the European Credit Transfer System (ECTS).

Year One

Compulsory courses

Applied Economics
Introduction to Mathematics for Economics
Introduction to Mathematics for Economics II
Introductory Statistical Methods

Optional courses

You will select a total of 1.0 credit from a wide range of options.

Year Two

Core courses

Macroeconomic Theory and Policy
Quantitative Economics and Econometrics

Optional courses

You will select 1.0 credit from a wide range of options. Options may include:

Economics of Development
Economics of Finance
Economics of Industrial Relations
Economics of Regulation
Economics of Labour
Economics of Science
Economics of Tax Policy
Economics of the Public Sector
Environmental Economics

Final Year

Compulsory courses

A total of at least 2.0 units from the list of third-year economics courses.

Optional courses

You will select 2.0 credits from a wide range of options, 1.0 credit must be taken from the list of second and third-year economics courses. Third-year economics courses may include:

Econometrics for Macroeconomics and Finance
Economics of Financial Markets
Economics of Growth
Economics of Information
Economics of Law
Economics of Money and Banking
Economic Policy Analysis
Ethics in Applied Economics
Europe: Economic Policy and Structural Change
Experimental Economics
Game Theory
Industrial Economics
International Trade
International Monetary Economics

Further details available on degree page of subject website:

Your Career

Many useful skills can be gained through the study of economics, for example: finding solutions to real-world problems, mathematical skills and an enhanced understanding of contemporary political and economic events.

About one-third of our graduates move directly into graduate study, including MScs in Economics, MBA programmes and conversion courses in Computing and Law. Students have also proceeded to doctoral programmes including those in major US economics departments such as Columbia, Yale and Chicago.

Graduates entering employment predominantly move into management, banking and finance and the Civil Service.


First destinations of recent graduates (2009-2011) of this programme include:

  • Analyst, Bank of England (2011)
  • Investment Banker, Deutsche Bank (2011)
  • Insurance Underwriter, Hanwha Insurance (2010)
  • Associate Accountant, Deloitte (2010)
  • Full-time student, MSc in Management at Imperial College London (2010)

Find out more about London graduates' careers by visiting the Careers Group (University of London) website:


Your Application

Academic entry requirements reflect the strong competition for places. In addition to academic qualifications we seek candidates who can demonstrate that they have researched what an economics degree involves, and how it is different from a business or management degree. Evidence that you keep yourself abreast of current economic issues and the economic press will be looked on favourably.

How to Apply

Application for admission should be made through UCAS (the Universities and Colleges Admissions Service). Applicants currently at school or college will be provided with advice on the process; however, applicants who have left school or who are based outside the United Kingdom may obtain information directly from UCAS.


Only a small proportion of candidates are invited for interview as part of the selection process. Remaining qualifying UK-based candidates are required to attend an applicant open day before an offer is made. Each admissions cycle has open days with about 100 applicants attending on each occasion.

At our open days you will attend talks by the Admissions Tutor and, typically, a representative of the department's student society. You will then have the opportunity to meet informally with academic staff and students before taking a tour of UCL.

We consider each application on its merits; evidence of recent academic achievement and potential will be required if you are offering non-standard qualifications.

Page last modified on 19 mar 14 15:02