Economics with a Year Abroad BSc (Econ)

London, Bloomsbury
Economics with a Year Abroad BSc (Econ) (2023)

A unique four-year programme which combines a rigorous economics foundation, opportunities to consider real-world problems and a year of study at a university overseas. You’ll be taught by experts who combine their research experience with an innovative curriculum and teaching methods, preparing you to research and solve problems independently through an economics-lens in the future.

UK students International students
Study mode
Full-time
Duration
4 years
UK tuition fees (2022/23)
£9,250 (2022/23)
Overseas tuition fees (2022/23)
£26,600 (2022/23)
Programme starts
September 2022
Application deadline
26 Jan 2022
UCAS course code
L101

Entry requirements

Grades
A*AA
Subjects
Mathematics grade A* required, plus grade A inEconomics if offered.
GCSEs
English Language and Mathematics at grade C or 5.

Contextual offer information

Grades
A*AB more about contextual offers
Subjects
A* in Mathematics
GCSEs
English Language and Mathematics at grade C or 5.
Points
39
Subjects
A total of 19 points in three higher level subjects including grade 7 in Mathematics and grade 6 in Economics if offered with no score lower than 5. The programme will accept either 'Mathematics: Analysis and Approaches' or 'Mathematics: Applications and Interpretation' at higher level.

Contextual offer

Points
38 more about contextual offers
Subjects
A total of 18 points in three higher level subjects including grade 7 in Mathematics, with no score below 5. The programme will accept either 'Mathematics: Analysis and Approaches' or 'Mathematics: Applications and Interpretation' at higher level.

UK applicants qualifications

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

Equivalent qualification

Not acceptable for entrance to this programme.

Not acceptable for entrance to this programme.

Successful completion of the WBQ Advanced Skills Challenge Certificate plus 2 GCE A levels at grades A*AA. To include Mathematics A*, plus grade A in Economics if offered.

A1,A,A at Advanced Highers (or A1,A at Advanced Higher and A,A,A at Higher), to include Mathematics at A1, plus A if Economics being offered at Advanced Higher.

D2,D3,D3 in three Cambridge Pre-U Principal Subjects, to include Mathematics D2, plus D3 in Economics if offered.

Not acceptable for entrance to this programme.

Not acceptable for entrance to this programme.

International applications

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

Access and widening participation

UCL is committed to widening access to higher education. If you are eligible for Access UCL you do not need to do anything in addition to the standard UCAS application. Your application will be automatically flagged when we receive it.

Undergraduate Preparatory Certificates

UCL Undergraduate Preparatory Certificates (UPCs) are intensive one-year foundation courses for international students of high academic potential who are aiming to gain access to undergraduate degree programmes at UCL and other top UK universities.

Typical UPC students will be high achievers in a 12-year school system which does not meet the standard required for direct entry to UCL.

For more information see: ucl.ac.uk/upc.

English language requirements

The English language level for this programme is: Good

If your education has not been conducted in the English language, you will be expected to demonstrate evidence of an adequate level of English proficiency. Information about the evidence required, acceptable qualifications and test providers can be found on our English language requirements page.

A variety of English language programmes are offered at the UCL Centre for Languages & International Education.

Course overview

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. Alongside credit-bearing modules you can get involved with our optional not-for-credit series of Skills Lab modules that run in each year and help you learn independent study and research skills.

In the first year you'll take compulsory modules in economics, applied economics, mathematics and statistics, as well as optional modules.

You can find an updated list of modules on the department's website

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

Your third year will be spent at a university overseas, subject to minimum progression requirements.

In your final year you can choose from a wide range of optional modules. You are required to choose at least one module with an assessed research project component, using tools and knowledge you’ve developed. Most final-year modules introduce you to research papers and current research, including that of staff members, and require you to independently consider how to combine all that you have learnt across the degree to different areas of economics. You can also elect to do a dissertation.

What this course will give you

You’ll learn from innovative educators, including creators of the CORE curriculum which provides the foundation for your first year, and from our Centre for Teaching and Learning Economics (CTaLE), who are at the forefront of ground-breaking teaching. You will also gain transferable skills such as adaptability, flexibility and sensitivity to cultural differences.

Our professors are distinguished economists leading research centres, on Public Policy and Data Analysis Methods; Research Fellows at the Institute for Fiscal Studies, and many advising governments and agencies, such as the Competition and Markets Authority, The Bank of England, and The World Bank.

You’ll become part of a leading research community, which received the highest percentage in the UK for research in Economics and Econometrics, 99% rated either 4* (world-leading) or 3* (internationally excellent), in the most recent Research Excellence Framework (REF) 2014.

Benefit from a range of events including the Gorman Lectures, the undergraduate student research conference, Explore Econ, and the activities of the Economist's Society which publishes The Economic Tribune magazine and the many UCLU societies.

Teaching and learning

In each year of your degree you will take a number of individual modules, normally valued at 15 or 30 credits, adding up to a total of 120 credits for the year. Modules are assessed in the academic year in which they are taken. The balance of compulsory and optional modules varies from programme to programme and year to year. A 30-credit module is considered equivalent to 15 credits in the European Credit Transfer System (ECTS).

Upon successful completion of 360 credits, you will be awarded a BSc (Econ) (Hons) in Economics with a Year Abroad.

Modules

Please note that the list of modules given here is indicative. This information is published a long time in advance of enrolment and module content and availability is subject to change.

Compulsory module(s)

Applied Economics
Economics
Mathematics for Economics
Statistical Methods in Economics

Optional modules

You will select a total of 30 credits from a wide range of options.

Compulsory module(s)

Macroeconomic Theory and Policy
Microeconomics
Quantitative Economics and Econometrics

Optional modules

You will select 30 credits from a wide range of options. Options may include:

  • Economic History
  • Economics of Development
  • Economics of Education
  • Economics of Labour
  • Economics of Regulation
  • Economics of Science
  • Economics of Tax Policy
  • Economics of Finance
  • Network Science for Economists
  • International Trade
  • Environmental Economics
  • Computational Methods for Economists 

Compulsory module(s)

A total of at least 60 credits from the list of third-year economics optional modules. You are required to take at least one economics final-year optional 15-credit module that has a research project as part of the module assessment.

Optional modules

You will select 60 credits from a wide range of optional modules, of which 30 credits must be taken from the list of second and third-year economics modules. Modules may include:

  • Advanced Economics of Finance
  • Advanced Macroeconomics
  • Behavioural Economics
  • Econometrics for Macroeconomics and Finance
  • Network Science for Economists
  • Economics of Information
  • Economics of Money and Banking
  • Economic Policy and Analysis
  • Economics Undergraduate Dissertation 
  • Experimental Economics
  • Game Theory
  • Gender and Ethnicity in the Economy
  • Independent research project
  • International Trade
  • Advanced Topics in International Economics 
  • Issues in Economic Development
  • Microeconometrics
  • Computational Methods for Economists 

Your learning

Assessment

Your progress is monitored throughout the year on a module-by-module basis, which will provide feedback aimed at improving your understanding and technique. You will be assessed by a mix of methods including, written end of year assessments, term-time quizzes, essays, and group projects with written and video outputs and presentations.

Accessibility

Details of the accessibility of UCL buildings can be obtained from AccessAble. Further information can also be obtained from the UCL Student Support & Wellbeing team.

The foundation of your career

About one third of students move onto graduate study in Economics, Data Science, Finance, Computing and Law for example. Students also entered US economics doctoral programmes including at Columbia, Yale and Chicago.

Graduates entering employment go into a range of areas including management, consultancy, accountancy, banking and public policy. Support for your careers and further study journey are provided by the Economics Careers Tutor, in conjunction with UCL Careers, and through various skills development, alumni and employer events run by the Economist’s Society and UCLU Societies.

Employability

Many skills can be gained through the study of economics: including finding solutions to real-world problems, combining evidence, mathematical techniques, and quantitative tools to critically analyse questions robustly, and understanding the relevance of context, contemporary and historic, when considering economic and political events.

UCL is committed to helping you get the best start after graduation. Read more about how UCL Careers and UCL Innovation and Enterprise can help you find employment or learn about entrepreneurship.

Fees and funding

Fees for this course

UK students International students
Fee description Full-time
Tuition fees (2022/23) £9,250 (2022/23)
Tuition fees (2022/23) £26,600 (2022/23)

The fees indicated are for undergraduate entry in the 2022/23 academic year. The UK fees shown are for the first year of the programme at UCL only. Fees for future years may be subject to an inflationary increase. The Overseas fees shown are the fees that will be charged to 2022/23 entrants for each year of study on the programme, unless otherwise indicated below.

Full details of UCL's tuition fees, tuition fee policy and potential increases to fees can be found on the UCL Students website: ucl.ac.uk/prospective-students/undergraduate/funding-your-studies.

Additional costs

Additional costs include the purchase of books and a UCL-approved calculator.  A laptop computer is also required for online assessments. In your year abroad, you will have to cover travel to the university overseas, as well as accommodation and subsistence costs. You do not have to pay tuition fees to the university overseas, but you might be responsible for extra learning materials depending on what elective courses you choose. In your year abroad, you will pay a share of the normal fee amount to UCL.

In addition, please note that if you wish to study abroad during your programme at UCL, this is likely to incur additional costs. Studying abroad may cost between £200–£1,000 per month depending on where you choose to study. The cost of studying abroad can be difficult to predict as it will depend on your priorities and choices. There is more information available on the UCL Study Abroad website.

A guide including rough estimates for these and other living expenses is included on the UCL Fees and funding pages. If you are concerned by potential additional costs for books, equipment, etc., please get in touch with the relevant departmental contact (details given on this page).

Funding your studies

Various funding options are available, including student loans, scholarships and bursaries. UK students whose household income falls below a certain level may also be eligible for a non-repayable bursary or for certain scholarships. Please see the Fees and funding pages for more details.

Scholarships

The Scholarships and Funding website lists scholarships and funding schemes available to UCL students. These may be open to all students, or restricted to specific nationalities, regions or academic department.

Next steps

Your application

Academic entry requirements reflect the strong competition for places. In addition to academic qualifications, you should demonstrate your passion for studying economics in a leading research Department, your interest in being creative about how to use economics to solve problems and demonstrate a recognition of the need, and value, of learning independently, and with peers, in their degrees. Candidates should also show interest in and enthusiam for the year abroad aspect of the programme.

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.

Selection

Applicants who have been made an offer will be invited to attend an open day to find out more about the programme from the Admissions Tutor and other academics, ask questions and meet current students. 

For further information on UCL's selection process see: How we assess your application.

UCL is regulated by the Office for Students.