Economics with Chinese Studies BA

   
   
  

Fact file - 2018 entry

Qualification
Economics with Chinese Studies | BA Hons
UCAS code
L1T1
Duration
3 years full-time
A level offer
A*AA-AAA (A*ABB for those taking four full A levels and completing them in the same year)
Required subjects
GCSE maths, 7 or above, unless taking it at A level
IB score
38-36
Course location
Course places
10
School/department
 

Overview

Combining economics with modules on contemporary China, this course equips graduates with skills that are sought-after by many employers as well as the chance to learn Mandarin.
Read full overview

It reflects the growing interest in and importance of China in the global economy. At the end of your course, you will have a thorough knowledge of economic theory and how it is applied to the real world, coupled with an in-depth understanding of contemporary China.

If you choose to study Mandarin, your language skills will be at degree level. You will also be familiar with the key analytical techniques that economists use in practice. Employers will value your understanding of these concepts and techniques as well as your specialist knowledge of the Chinese economy.

Economics modules form two-thirds of the degree and the remainder is made up of modules in Chinese studies. Study of the Mandarin language is popular but purely optional.

Year one

In your first year you will cover the foundations of microeconomics and macroeconomics, and will choose between econometrics and quantitative economics, depending on your mathematical ability. For the Chinese studies element of this course, you will study full-year specialist modules in this area as well as taking optional modules relating to the history, politics, culture and literature of China.

Year two

During your second year, you will build on your knowledge of microeconomics and macroeconomics and strengthen your knowledge of either econometrics or quantitative economics. Two-thirds of this year will focus on economics, and the remainder will develop your language skills and your understanding of contemporary China.

You can choose to take your first semester studying abroad at the University of Nottingham Ningbo China, deepening your experience of Chinese culture while taking the same modules as your counterparts back in Nottingham.

Year three

Your final year is made up of a wide selection of optional modules on economics and contemporary Chinese studies, including Mandarin. A minimum of 60 credits are taken from the list of modules available in economics, and the remainder from Chinese studies modules, which includes a dissertation in the discipline.

Student profile

Kay Li talks about the variety of study opportunities offered by her degree.

Key facts

  • We are 4th in the UK for economics in The Guardian University Guide 2018
  • In the latest National Student Survey (NSS), the School of Economics has the highest student satisfaction rating among economics departments in Russell Group universities
  • We are 7th in the UK for economics in The Complete University Guide 2018
 

Entry requirements

A levels: A*AA-AAA excluding general studies, leisure studies, and global perspectives and research (A*ABB for those taking four full A levels and completing them in the same year)

GCSEs: GCSE maths, 7 or above, unless taking it at A level

Understand how we show GCSE grades

English language requirements

IELTS: 7.0 (no less than 7.0 in both reading and writing, no less than 6.0 in speaking and listening)

If you require additional support to take your language skills to the required level, you can attend a presessional course at the Centre for English Language Education (CELE), which is accredited by the British Council for the teaching of English. Successful students can progress onto their chosen degree course without taking IELTS again.

International applicants

We welcome students from all over the world, providing dedicated guidance and advice for EU and international applicants. Alternative entry requirements for those with international fees status are as follows:

International Baccalaureate: 36 including bonus points
ISC/CBSE: 90% in year 12

Applicants taking foundation courses should contact us for more information.

Mature students

At the University of Nottingham we have a valuable community of mature students and we appreciate their contribution to the wider student population. You can find lots of useful information in our guide for mature students.

Alternative qualifications

View the alternative qualifications page for details. Please note, we do not accept extended project qualifications.

Flexible admissions policy

In recognition of our applicants’ varied experience and educational pathways, The University of Nottingham employs a flexible admissions policy. We may make some applicants an offer lower than advertised, depending on their personal and educational circumstances. Please see the University’s admissions policies and procedures for more information.

Notes for applicants

We are looking for students who have the ability and motivation to benefit from our courses, and who will make a valued contribution to the department and the University. Candidates for full-time admission are considered on the basis of their UCAS application.

When considering your application, we will look for evidence that you will be able to fulfil the objectives of the programme of study and achieve the standards required. We will take into account a range of factors additional to, and in some cases instead of, formal examination results.

Selection of those applicants to whom we will make an offer will be based upon a combination of the candidate's academic record and an assessment of all the information provided in their UCAS application, their academic reference and their personal statement.

 
 

Modules

Please note: The structure detailed below is based on 2017 modules and is likely to change for 2018 entry; updates will be added when they are available.

Typical year one modules

Core modules

Introduction to Business and Economy of China

This module intends to provide the fundamental knowledge of China's economic transformation and business development. It assists you to establish an understanding of issues including economic strategies, industrial sector transformation, investment, trade and business management.

 
Foundations of Economics

This year-long introductory module covers microeconomics in semester one and macroeconomics in semester two. There is no assumption of any prior knowledge of economics.

You will begin by analysing how the economic choices of households and firms can be understood using consumer and producer theory. You will then look at how these individual choices are aggregated into market demand and supply to be mediated through the price mechanism. A variety of market settings are considered, ranging from the paradigm of perfect competition to strategic interactions in oligopolistic markets.

The microeconomics part of the module concludes by providing an introduction to the normative evaluation of economic outcomes in terms of individuals' welfare, covering market and government failures.

The macroeconomics part of the module focuses on the aggregate economy, considering the determinants of aggregate output, addressing cyclical movements of booms and busts in the short run, and providing an introduction to economic growth in the long run. A running theme will be debates over the role of the government in macroeconomic management, covering fiscal and monetary policy.

 
Introduction to Contemporary China

This is an introductory module designed to provide you with an overview of contemporary China and help you establish a foundation of knowledge and skills to pursue more advanced studies of China in your later years of study.

The module examines the following topics since the founding of the People's Republic of China in 1949, though particular attention is paid to the changes in China since 1978:

  • The Chinese economy
  • Chinese politics
  • Social policy
  • Security and foreign relations
  • China's increasing activities and engagements with the world
  • Chinese media and the Chinese internet
  • Civil society and state society relations
  • Taiwan and cross-Strait relations
 
Writing Economics

This module aims to introduce you to the essential skills required for writing as an economist. It will be delivered in conjunction with Libraries, Research and Learning Resources (LRLR), who will cover content on key information skills relating to the library and learning resources.

It will give an introduction to the language of economics and basic research skills and how to write essays and exams. Among the topics covered will be:

  • academic integrity and plagiarism
  • time management
  • writing essays
  • writing quantitative projects
  • presentation skills
  • referencing and using the internet
  • revision and examinations
 
Careers and Employability for Economists

This module aims to provide a means for enabling students to reflect on their personal development and the implications this might have for their future career paths. It will include:

  • guidance on recording and evaluating skills
  • guidance on careers from the Careers and Employability Service
  • information, guidance and advice form a range of graduate employers and alumni
 

Either:

Mathematical Economics and Econometrics

The first half of the module provides an introduction to the mathematical methods required for economic modelling, focusing on linear algebra, optimization and their role in formulating and solving economic problems.

The second half introduces the statistical methods required for data analysis in economics. We concentrate on statistical distribution theory and statistical inference before applying these concepts to the study of the linear regression model, whose extensions will be analysed in detail in subsequent econometrics modules.

 

or

Quantitative Economics

The first half of the module provides an introduction to the mathematical methods required for economic modelling, focusing on

  • mathematical finance
  • analysis of functions
  • supply and demand
  • matrix algebra
  • differentiation
  • elasticities
  • maximisation/minimisation
  • optimisation subject to constraints
  • Lagrange multipliers
  • integration

The second half introduces the statistical methods and concepts most applicable in economics. The analysis of economic data necessarily proceeds in an environment where there is uncertainty about the processes that generated the data. Statistical methods provide a framework for understanding and characterising this uncertainty.

These concepts are most conveniently introduced through the analysis of single-variable problems. However, economists are most often concerned about relationships among variables. The module builds towards the study of regression analysis, which is often applied by economists in studying such relationships.

 

At least one of:

Economic Perspectives

This module is intended as a foundation for the understanding of modern economic theories and policies. It is concerned with the:

  • different characters and workings of economies of the past
  • changing ways in which economic questions have been interpreted and answered over time

As will be discovered, the 21st century Western views of everyday economic concepts such as ownership, money, exchange, work, poverty, industrialisation, economic growth and government are quite different from those expressed at other times and in other places.

 
Growth and Development in Long-Run Historical Perspective

In this module we will explore the long-run, historical determinants of the wealth of nations. We will begin by taking a long-run view on modern economic growth, showing how this has led to dramatic changes in the relative wealth of nations over the last 500 years.

We will then ask two key questions: why have modern economic growth started in some places rather than others? And while have some countries been able to catch up, while others have not? These investigations will improve our understanding of why are some countries much richer than others, and will give us some important insights on how to promote sustained growth in developing countries.

The module draws on a vibrant new literature in economics that looks at comparative development as the outcome of a long historical process, and uses techniques originally developed in economics to improve our understanding of history. Without going into the technical details, the module reviews the main findings of this literature, discusses their implications for modern development experiences, and lays out the main challenges for future research.

By providing an historical perspective on growth and development, the module will endow you with a better understanding ofcontemporary economic issues. It will also give you some exciting examples of how the economic techniques you will learn in later modules can be used to understand the world better.

 
Current Economic Issues

This module focuses on a range of current issues facing the world economy, seeks to illustrate how economists model such issues, and examines potential policy responses. Example topics to be covered are:

  • globalisation
  • economic growth
  • the global financial crisis
  • the world economy
  • emerging economic superpowers
  • consequences of rising economic nationalism
 

Plus a further optional economics module or a module from any other school.


Optional modules

Current Economic Issues

This module focuses on a range of current issues facing the world economy, seeks to illustrate how economists model such issues, and examines potential policy responses. Example topics to be covered are:

  • globalisation
  • economic growth
  • the global financial crisis
  • the world economy
  • emerging economic superpowers
  • consequences of rising economic nationalism
 
Economic Integration I

This module introduces you to the economics of integration. The module analyses the consequences for countries seeking closer economic integration through successively more ambitious forms. This begins with a limited trade arrangement, followed by a common market, which also allows free movement of capital and migrant workers, and a Single Market.

The final part of the module examines monetary integration, beginning with exchange rate stabilisation and then considering Monetary Union. The module aims to combine principles of economic analysis with an assessment of the impact of such measures on the member economies.

 
Economic Integration II

This module introduces you to the economics of integration. It analyses the economic rationale for, and practice of, policy co-ordination and harmonisation both at the European and at a global level. An examination of the economic rationale for common EU policies is followed by an analysis of such examples as the common agricultural, trade and regional policies, and the operation of the European Budget.

At the global level cooperation in trade, finance and development policies is reviewed in relation to the operation of institutions such as the World Trade Organization, the International Monetary Fund and the World Bank. The module aims to combine principles of economic analysis with an assessment of the impact of international policy coordination.

 
Economic Perspectives

This module is intended as a foundation for the understanding of modern economic theories and policies. It is concerned with the:

  • different characters and workings of economies of the past
  • changing ways in which economic questions have been interpreted and answered over time

As will be discovered, the 21st century Western views of everyday economic concepts such as ownership, money, exchange, work, poverty, industrialisation, economic growth and government are quite different from those expressed at other times and in other places.

 
Growth and Development in Long-Run Historical Perspective

In this module we will explore the long-run, historical determinants of the wealth of nations. We will begin by taking a long-run view on modern economic growth, showing how this has led to dramatic changes in the relative wealth of nations over the last 500 years.

We will then ask two key questions: why have modern economic growth started in some places rather than others? And while have some countries been able to catch up, while others have not? These investigations will improve our understanding of why are some countries much richer than others, and will give us some important insights on how to promote sustained growth in developing countries.

The module draws on a vibrant new literature in economics that looks at comparative development as the outcome of a long historical process, and uses techniques originally developed in economics to improve our understanding of history. Without going into the technical details, the module reviews the main findings of this literature, discusses their implications for modern development experiences, and lays out the main challenges for future research.

By providing an historical perspective on growth and development, the module will endow you with a better understanding ofcontemporary economic issues. It will also give you some exciting examples of how the economic techniques you will learn in later modules can be used to understand the world better.

 
 

Typical year two modules

Core modules

Principles of Macroeconomics

The modules covers intermediate macroeconomics covering simple macro-models of goods, labour and money markets, such as IS-LM and aggregate supply/aggregate demand, including open economy extensions. Dynamic issues incorporating expectations and long run growth will also be considered. The module will analyse policy questions surrounding exchange rates, monetary and fiscal policy, budget deficits and debt.

 
Principles of Microeconomics

This module covers microeconomics including general equilibrium analysis, welfare economics, social choice, elementary game theory, and strategic behaviour of different actors such firms, voters and governments.

 

Either:

Econometrics I

This module generalises and builds upon the econometric techniques covered in the year one module, Introductory Econometrics. This will involve introducing a number of new statistical and econometric concepts, together with some further development of the methodology that was introduced in year one. The multivariate linear regression model will again provide our main framework for analysis.

 
Econometrics II

This module introduces you to a range of statistical techniques that can be used to analyse the characteristics of univariate economic time series. The basic theoretical properties of time series models are discussed and we consider methods for fitting and checking the adequacy of empirical time series models. Methods of forecasting future values of economic time series are then considered.

 

or

Quantitative Economics III

An introduction to the theory and practice of econometric methods, focusing on regression analysis and its application to economic situations. The module will pay particular attention to the principles of estimation and inference in the multiple regression model, and will rely on illustrations and intuition to develop understanding of the techniques and their interpretation. 

You will deepen your understanding of the material covered in class via a series of 'hands-on' computer classes using specialist econometric software (STATA) and a set of tutorials that will review worked examples.

 
Quantitative Economics IV

This module is an introduction to the theory and practice of econometric methods, focusing on regression analysis and its application to economic situations. It will focus on practical issues relating to data modelling and issues relating to model specification and testing. It will also introduce you to regression analysis using time series data.

It will rely on illustrations and intuition to develop understanding of the techniques and their interpretation. You will advance your understanding of the material covered in class via a series of 'hands-on' computer classes using Stata. A set of tutorials will also examine worked examples that have been set as homework. 

 

Plus optional economics and Chinese modules.


Optional modules

Chinese Society and Culture: Beyond the Headlines

This module emphasises sociological theories of culture with reference to current events in the Chinese world. Topics include:

  • nationhood, identity and ethnicity
  • gender, family and social welfare
  • inequalities, social capital and development
  • education, aspirations and popular culture
  • crime, deviance, and justice
 
Development Economics

This module is a general introduction to the economic problems of developing countries. The module will cover such topics as:

  • the implications of history and expectation
  • poverty, income distribution and growth
  • fertility and population
  • employment, migration and urbanisation
  • markets in agriculture
  • agricultural household models
  • risk and insurance
  • famines
 
Environmental and Resource Economics

This modules will look at:

  • market failure and the need for environmental policy - the Coase theorem
  • instruments of environmental policy - efficiency advantages of market instruments
  • applications of market instruments, especially the EU Emission Trading Scheme
  • fisheries - the open access problem and rights-based policies
  • valuation of the benefits of environmental policy
  • biodiversity and its benefits
  • international trade in polluting goods
  • mobile capital: race to the bottom?
 
Experimental and Behavioural Economics

This module provides a foundation in behavioural economics and the role of experimental methods in economics. The traditional approach in economics is to explain market outcomes and economic decision-making using simple theoretical models based on perfectly rational, self-interested agents who maximise their well-being by carefully weighing up the costs and benefits of different alternatives. Behavioural economics, on the other hand, aspires to relax these stringent assumptions and develop an understanding of how real people actually make decisions.

The module will introduce you to behavioural and experimental economics, discuss these fields from a methodological perspective and examine several areas of economic analysis in which they are applied. This will include individual choice under risk and uncertainty, decision-making in strategic situations and competition in markets.

 
Financial Economics

This module will offer an introduction to some theoretical concepts related to the allocation of risk by financial institutions. Then it will apply these concepts to the analysis of financial and banking crises.

 
Industrial Economics

This module provides an economic analysis of the theory and practice of organisation of firms and industries. It explores the nature of competition among firms and their behaviour in various markets, with the specific emphasis on imperfectly competitive markets. Tools for both empirical and theoretical approaches to the analysis of industries are covered.

Starting from a detailed analysis of market structures, the module goes on to discuss various aspects of firms' behaviour and their influence on market outcome. Among the behaviours covered in the module are price discrimination, vertical integration, advertising, research and development activities and entry and exit of firms. Government regulation of industries is also discussed.

 
International Trade

This module is an introduction to international trade theory and policy. It covers the core trade theories under perfect and imperfect competition and applies them to understanding the pattern of trade, gains from trade and modern topics like foreign outsourcing. On the policy side, it examines the effects of different government trade policy instruments and the role of international trade agreements.

 
Introduction to Political Economy

This module is concerned with the effect of political and institutional factors on economic variables as well as with the study of politics using the techniques of economics.

 
Labour Economics

This module provides an introduction to the economics of the labour market. We will look at some basic theories of how labour markets work and examine evidence to see how well these theories explain the facts.

Particular attention will be given to the relationship between the theory, empirical evidence and government policy. The module will refer especially to the UK labour market, but reference will also be made to other developed economies.

 
Mandarin

This module covers:

  • studies on accuracy of grammar on times and changes, and connectors and discourse markers in spoken and written Chinese
  • vocabulary related to physical features, personalities, human social behaviours, economic developments and basic statistics
  • language functions for relating experiences, describing physical features, making generalisations, defining historic personalities and celebrities and describing changes etc
 
Monetary Economics

This course will provide a foundation for the monetary economics modules in the third year and is a complement to financial economics for the second and third years. It will cover topics such as the definitions and role of money, portfolio choice, financial markets and banks, central banks and monetary policy, and the monetary transmission mechanism. 

Under these headings the module will address issues of theory, policy and practice relating to recent experience in the UK and other countries. The module will feature some current debates and controversies based on recent events.

 
Public Sector Economics

This module looks at:

  • public finances in the uk
  • market failures
  • fundamental theorems of welfare economics
  • social welfare functions
  • externalities
  • public goods
  • natural monopolies
  • public choice
  • social insurance: social security, taxation and equity
  • excess burden of taxation and tax incidence
 
 

Typical year three modules

Core modules

Dissertation

An independent research project, involving the application of techniques of economic analysis to a self-chosen research topic and the presentation of a written report. There will be lectures to provide general guidance on economic research methods and writing an undergraduate dissertation in economics.

Topics include:

  • introduction to the dissertation
  • types of dissertation
  • literature reviews
  • sources of data
  • writing up your dissertation
  • data entry and data management
  • an introduction to STATA
  • descriptive statistics
  • practical issues in regression analysis
  • model selection
  • endogeneity bias
 

Optional modules

Plus optional economics modules covering advanced topics such as:

Development Economics

This module adopts a broad focus on factors influencing growth and development. Topics covered include macroeconomic policies, aid, debt, trade; growth experiences in East Asia, China and Africa.

 
Econometric Theory

This module generalises and builds upon the econometric techniques applied to the multivariate linear regression model covered in the year two module, Econometrics I. This will involve introducing a number of new statistical and econometric concepts.

In particular, we study large sample, or asymptotic, theory. This is needed in order to obtain tractable results about the behaviour of estimators when the standard modelling assumptions - which frequently cannot be verified in practice - are relaxed. 

 
Experimental and Behavioural Economics

This module provides a window on three important sub-areas of experimental and behavioural economics. The first focuses on design issues and individual decision-making, the next two sections focus on applications to the study of strategic behaviour and market behaviour.

You do not need to have studied experimental or behavioural economics before because all topics will be introduced at a level that will be accessible to the newcomer. The module is, nevertheless, suitable as a sequel to the year two module Experimental and Behavioural Economics because the contents of the two modules cover distinct, but complementary, topics.

 
Financial Economics

The module covers:

  • saving, focusing on how agents make intertemporal decisions about their savings and wealth accumulation
  • saving puzzles and household portfolios, focusing on credit markets and credit markets imperfections, and why do households hold different kinds of assets
  • asset allocation and asset pricing, focusing on intertemporal portfolio selection, asset pricing and the equity premium puzzle
  • the role of behavioural finance in explaining stock market puzzles
 
International Trade Theory

The module covers:

  • models of intra-industry trade
  • trade policy in oligopolistic industries
  • mathematical enterprises
  • testing trade theories
  • the WTO and "new issues"
 
Labour Economics

The module covers an economic analysis of the labour market, with an emphasis on policy implications and institutional arrangements.

 
Macroeconomics

This module covers:

  • dynamic general equilibrium models, focusing on how the time path of consumption, and saving, is determined by optimising agents and firms that interact on competitive markets
  • growth in dynamic general equilibrium, focusing on the Solow model and the data, and the role played by accumulation of knowledge (endogenous innovation) in explaining long run growth
  • Real Business Cycles (RBC), focusing on how the RBC approach accounts for business cycle fluctuations, and what links short run fluctuations and growth processes
 
Mathematical Economics

The module is intended to provide an introduction to mathematical techniques used in economics. In particular, examples of economic issues that can be analysed using mathematical models will be discussed in detail.

Particular attention will be given to providing an intuitive understanding of the logic behind the formal results presented. Students who wish to pursue a higher degree in economics will find the module particularly useful.

 
Microeconomics

The module will cover topics in advanced microeconomics and decision theory. The precise content may vary from year to year, but the module will start from the basis established by the Microeconomic Theory module.

 
Monetary Economics

This module will provide an outline of the elements of monetary theory and of theoretical policy issues. 

 
International Money and Macroeconomics

This module will provide an introduction to international monetary issues, including the determination of exchange rates, and the functioning of the international monetary system.

 
Public Economics I

The module will introduce some major themes of public economics, using microeconomic tools to analyse public policy. The equity and efficiency implications of policies will be examined within an economic framework.

 
Time Series Econometrics

This module is a continuation of the module on time series analysis. While the earlier module was devoted to basic time series model building methodology, this module concentrates on those developments which can be applied in the subject of economics. 

In particular, the emphasis will be on aspects of the behaviour of typical economic time series, and the implications of that behaviour in practical analysis, such as the construction of models linking economic time series.

The key issues addressed will be the identification of non-stationarity through the construction of formal tests and the implications for modelling with non-stationary data. Particular attention will be paid to the contributions of Sir Clive Granger to the spurious regression problem and to cointegration analysis, for which he was ultimately awarded the Nobel Prize.

 
Industrial Organisation

This module provides an advanced economic analysis of the theory of organisation of firms and industries. It will analyse a variety of market structures related to the degree of market competition with a special emphasis on imperfectly competitive markets. It will also analyse issues related to the internal organisation of firms.

 
International Trade Policy

This module looks at:

  • trade policy - theory and evidence
  • trade policy and imperfect competition
  • trade and distortions
  • the political economy of protection
  • trade policy reform
 
Numerical Methods in Economics

This module covers the following:

Static numerical methods

  • Numerical solution methods
  • Numerical static optimisation methods
  • Applications: resource allocation, computable general equilibrium

Dynamic numerical optimisation

  • Discrete dynamic programming
  • Implementation of the methods
  • Applications: optimal growth, rational expectations, asset management

Agent-based economic modelling

  • Foundations of agent-based modelling
  • Basics of computer programming
  • Applications: evolutionary games, markets   
 
Political Economy

The module will cover the following:

Foundations

  • The rational political individual?
  • Voter participation
  • Collective action and the role of the state

Core political economy

  • The economic approach to politics
  • Political aspects of economics: rights and the limits of the state
  • Political aspects of economics: inequality and the duties of the state

Political economy in action

  • Political economy in action: some current issues in applied political economy
 
Topics in Econometrics

This module focuses on a range of econometric methods used in policy evaluation and in the identification and estimation of causal effects. Topics to be covered include:

  • potential outcomes framework
  • regression analysis and matching
  • instrumental variables
  • difference-in-differences
  • regression discontinuity
 

Plus optional Chinese modules including Mandarin.

 

 

The modules we offer are inspired by the research interests of our staff and as a result may change for reasons of, for example, research developments or legislation changes. The above list is a sample of typical modules we offer, not a definitive list.

 
 

Study abroad

The University of Nottingham has one of the most extensive and diverse study abroad programmes in the UK, and those who have studied abroad often say that it was the highlight of their time as a student.

On this course, you can apply to spend part of your second year at the University's campus in China or take a semester at one of our partner institutions in locations such as Australia, Canada and Japan.

You'll get the opportunity to broaden your horizons and enhance your employability by experiencing another culture and will study similar modules to your counterparts back in Nottingham (teaching is in English).

 

Careers

Your knowledge and understanding of China can give you a vital edge in the graduate jobs market, with or without a high level of language proficiency.

The growth of economic awareness has increased the demand for economics graduates and a degree from Nottingham will really give you a head start in your career. At Nottingham, you will acquire a strong academic foundation and a range of excellent economic and transferable skills, such as the ability to study independently and communicate effectively, both verbally and in writing. You will also have the capacity to grasp complicated economic concepts, whether they are mathematical or philosophical in nature.

Our graduates opt for a wide variety of careers, including investment banking, accountancy, tax consultancy, working in government offices, auditing, derivatives trading, management consultancy, mergers and acquisitions, and many more. We recognise that graduates often need more than just a great degree to make their CV stand out from the crowd so we also work with students to help them obtain internships and work experience with top employers.

Average starting salary and career progression

93.3% of undergraduates from the school who were available for employment had secured work or further study within six months of graduation. The average starting salary was £29,568 with the highest being £55,000.*

The School of Economics ranked 2nd in the UK for boosting graduate salaries, with graduates earning an average of £8,810 more than expected five years after graduation.**

* Known destinations of full-time home undergraduates 2015/16. Salaries are calculated based on the median of those in full-time paid employment within the UK.
** The Economist British university rankings, 2017.

Careers support and advice

Studying for a degree at the University of Nottingham will provide you with the type of skills and experiences that will prove invaluable in any career, whichever direction you decide to take.

Throughout your time with us, our Careers and Employability Service can work with you to improve your employability skills even further; assisting with job or course applications, searching for appropriate work experience placements and hosting events to bring you closer to a wide range of prospective employers.

Have a look at our careers page for an overview of all the employability support and opportunities that we provide to current students.

The University of Nottingham is the best university in the UK for graduate employment, according to the 2017 The Times and The Sunday Times Good University Guide.

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Fees and funding

Scholarships and bursaries

The University of Nottingham offers a wide range of bursaries and scholarships. These funds can provide you with an additional source of non-repayable financial help. For up to date information regarding tuition fees, visit our fees and finance pages.

Home students*

Over one third of our UK students receive our means-tested core bursary, worth up to £2,000 a year. Full details can be found on our financial support pages.

* A 'home' student is one who meets certain UK residence criteria. These are the same criteria as apply to eligibility for home funding from Student Finance.

International/EU students

Our International Baccalaureate Diploma Excellence Scholarship is available for select students paying overseas fees who achieve 40 points or above in the International Baccalaureate Diploma. We also offer a range of High Achiever Prizes for students from selected countries, schools and colleges to help with the cost of tuition fees. Find out more about scholarships, fees and finance for international students.

 
 
 

Key Information Sets (KIS)

Key Information Sets (KIS)

KIS is an initiative that the government has introduced to allow you to compare different courses and universities.

Assessment

There is assessment associated with this programme that is not attached to a specific module. During first year students complete two assessed, non credit bearing courses on Writing Economics and Careers and Employability for Economists. Writing Economics help students adapt to university study, as well as providing information and support for effective study.  

Careers & Employability for Economists allows reflection on personal development and implications on students' future careers. It will include workshops on work experience, interviews and job application in sessions led by leading employers, graduates and the Careers Service. 

How to use the data

Disclaimer
This online prospectus has been drafted in advance of the academic year to which it applies. Every effort has been made to ensure that the information is accurate at the time of publishing, but changes (for example to course content) are likely to occur given the interval between publishing and commencement of the course. It is therefore very important to check this website for any updates before you apply for the course where there has been an interval between you reading this website and applying.

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