Economics student profile
Hear what finalist Sam Minnitt has to say about his course, placement year and how Loughborough has improved his employability.
Economics - 2016 entry
L100 - BSc (Hons) 3 years full-time
L10A - BSc (Hons) DPS/DintS* 4 years full-time sandwich
*Diploma in Professional/International Studies
- About the course
- Course structure
- Career opportunities
- Entry criteria
- Next steps
As an economist you will develop the skills to understand how consumers and firms interact and behave, how government policy affects the economy and how financial systems operate.
By providing an in-depth analysis of firms’ decision making in a variety of settings, economics can help business managers make better pricing, production and investment decisions. This course allows you to develop a thorough understanding of modern economics and its applications to current policy issues.
About the course
A key feature of this degree is that it enables you to choose a highly specialised mix of options concentrating on areas that appeal to your interests and career aspirations.
In the first two years you will develop a thorough understanding of the latest developments in economic analysis and policy application. Your personal skills will be developed through a range of modules building your ability to present reports and analyse data. Modern economics relies heavily on model-building and statistical skills, and these skills form a core part of the course in the second year. A range of options are available in each year including the opportunity to study a modern language.
It is in the final year that students enjoy the maximum choice and flexibility. The final year consists of modules in advanced macroeconomics, microeconomics and econometrics. Alongside these, you choose options from within general areas of study such as international economics, money and finance, business and industrial economics and a wide range of specialised areas of applied economics such as the economics of developing countries and environmental economics. In addition, you can choose to develop further the modelling and statistical skills introduced in the second year.
Extended four-year degree
You can choose to extend your degree and boost your employability by opting to study abroad for a year between the second and final year of your degree or by taking a year-long, salaried professional placement to build your work experience.
This can be done as a one-year study abroad option, a one-year placement, or six months of each. Satisfactory completion of either of these options results in a Diploma in International Studies (DIntS) or a Diploma in Professional Studies (DPS) in addition to your degree.
Study abroad opportunities currently exist in Australia, Austria, Canada, Finland, France, Germany, Japan, Hong Kong SAR, Netherlands, Portugal, Singapore, Spain, Taiwan, Uruguay and USA.
Our dedicated Placements Office has contacts with over 400 companies worldwide who regularly target our students to recruit for salaried placement positions, many of whom are offered a job after their degree.
The core subjects and options may vary from year to year. For the latest information please email us.
- Principles of Macroeconomics
- Principles of Microeconomics
- Data Analysis
- Quantitative Economics
- Skills for Study and Employability
Optional modules: Human Geography, Politics, Sociology, Social Policy, Introduction to Law, Organisational Behaviour, Financial Reporting, Management of Human Resources, Accounting for Managers, Languages.
- Intermediate Macroeconomics
- Intermediate Microeconomics
- Introduction to Econometrics
Optional modules: Economics of the Financial System, Economics of the Welfare State, Energy and the Environment, Introduction to Finance, International Economic Relations, Transport Economics, Principles of Marketing, Operations Management, The Marketing Mix, Ministry of Economic Thought, Languages.
Optional year on placement or studying abroad (or 6 months of each)
- Developments in Macroeconomics
- Developments in Microeconomics
- Time Series Econometrics
- Communication and Presentation Skills for Economics
Optional modules: International Money and Finance, International Trade, Economics of Developing Countries, Industrial Economics, Financial Economics and Asset Pricing, Corporate Finance and Derivatives, Monetary Theory and Policy, Comparative Banking, Environmental Economics, Applied Econometrics.
Teaching and learning
Our extensive and regular interaction with major companies around the world ensures all our teaching is commercially relevant. Many of our teaching staff are invited by governments, the media and companies around the world to advise on issues of policy and practice. Their insights keep our courses up to date with the latest thinking and best practice.
In the first year, students can expect class contact time comprised of lectures, tutorials, computer workshops or clinics. There are also weekly Maths tutorials available for those students who do not have A-level Maths. Assessment is by a mix of coursework and examinations at the end of each semester. Coursework typically accounts for between one-fifth and one-third of the available marks for a module, although a few modules are assessed totally by coursework. Coursework assessment is based on individual essays, projects, multiple choice tests, computer-based exercises, class tests and group work.
Career opportunities for economics graduates
Leading employers recognise the value of a Loughborough University Economics degree when recruiting for graduate positions and, as such, Loughborough is among the best universities for graduate employment. The University’s reputation and the quality of its students continue to attract top recruiters.
99% of our 2014 Economics graduates were in work or further study 6 months after graduating, and earning on average £24,600 as a starting salary - DLHE 2014/15). According to research by High Fliers in 2015, Loughborough came 15th in the listing of universities targeted by the largest number of employers*.
*Source: High Fliers Research, ‘The Graduate Market in 2015’, January 2015
Example BSc Economics graduate destinations
Graduates enter such diverse fields as banking, accountancy, financial management, insurance and marketing, while others are employed in more general management positions.
- Alliance Boots - Graduate Finance Analyst
- Allianz - Portfolio Analyst
- Barclays - PPI Case Manager
- Cambridge Assessment - Operations Administrator
- Citigroup - Analyst
- Deloitte - Associate Auditor
- Deutsche Bank - Finance Analyst
- EY - Assistant Tax Adviser
- Experian - Product Development Analyst, Software Developer
- Goldman Sachs - IBD Compliance Representative
- IBM, Malasyia - Human Resources Officer
- JP Morgan - Corporate Analyst
- KPMG - Audit Assistant
- Ministry of Justice - Assistant Economist
- Morgan Stanley - Legal & Compliance Analyst
- Nomura International PLC - Global Markets Analyst - Credit Flow Sales
- PwC - Tax Associate
Entry criteria – 2016 entry
|Information about the entry requirements for this course are below.|
|A-level||AAB/ABB (General Studies, Critical Thinking and Communication and Culture are not normally accepted). In some circumstances we may ask applicants to achieve specific grades in certain subjects.|
|SQA AH||AB Advanced Highers plus AAB Highers|
|IB||34 points minimum|
|Other||BTEC Level 3 Extended Diploma: DDD profile in relevant subjects|
|Additional||Strong GCSE profile including minimum grade B in Maths and English (or equivalent)|
All applications must be made through UCAS. To find out what to do next, please read our how to apply section.
SQA AH = Scottish Qualifications Authority Advanced Highers
IB = International Baccalaureate Diploma
BTEC = Business and Technology Education Council (UK)
If you are interested in studying our Economics BSc please follow the links for further useful information:
- Fees and funding - find out how much your programme will cost
- How to apply - more about the application process
- Undergraduate open days - a chance to visit our outstanding campus
- Student profiles - find out about our award-winning student experience
- Placements - learn more about the year-long professional placements available on all our courses
- Study abroad - find out about our study abroad scheme
To enquire about any of undergraduate courses please contact:
Undergraduate Admissions and Recruitment Officer
Tel: +44 (0)1509 223393