University undergraduates studying in the Monica Partridge building. Friday November 5th 2021.Cole Pearce; Francis Adam (black and white hoodie) and Khaqan Khan (red jumper.

Economics and Econometrics BSc

University Park Campus, Nottingham, UK

Course overview

How will government policy decisions affect economic growth? What impact does immigration and migration have on the labour market? How can companies accurately forecast return on investment? Understanding why we do what we do is key to the economist's role, with econometrics allowing us to analyse theoretical models and turn data into actionable information.

On our BSc Economics and Econometrics, you will learn how to use statistical and mathematical models to test economic theories through the practical application of real-world data analysis. You will discover how to analyse the complex relations between economic phenomena so that you can accurately predict future trends.

You can tailor your studies to your career aspirations through optional modules that allow you to specialise in areas such as economic policy analysis, international trade and behavioural economics. You could also enhance your CV by applying to study abroad at our campuses in China or Malaysia or with a partner institution in locations like Australia, Canada or Japan.

You will graduate with all the knowledge, practical skills and confidence you need to stand out to employers as you start your career.

 

Modules

Mandatory

Year 1

Introduction to Macroeconomics

Mandatory

Year 1

Introduction to Microeconomics

Mandatory

Year 1

The Politics of Economics and the Economics of Politicians

Optional

Year 1

Current Economic Issues

Optional

Year 1

Economic Integration I

Optional

Year 1

Economic Integration II

Optional

Year 1

Growth and Development in Long-Run Historical Perspective

Mandatory

Year 2

Applied Econometrics 1

Mandatory

Year 2

Applied Econometrics 2

Mandatory

Year 2

Econometric Theory 1

Mandatory

Year 2

Econometric Theory 2

Mandatory

Year 2

Macroeconomic Theory

Mandatory

Year 2

Microeconomic Theory

Optional

Year 2

Development Economics

Optional

Year 2

Environmental and Resource Economics

Optional

Year 2

Experimental and Behavioural Economics

Optional

Year 2

Financial Economics

Optional

Year 2

Industrial Economics

Optional

Year 2

International Trade

Optional

Year 2

Labour Economics

Optional

Year 2

Monetary Economics

Optional

Year 2

Political Economy

Optional

Year 2

Public Sector Economics

Mandatory

Year 3

Advanced Econometric Theory

Mandatory

Year 3

Dissertation in Economics

Mandatory

Year 3

Microeconometric Methods

Optional

Year 3

Advanced Development Economics

Optional

Year 3

Advanced Experimental and Behavioural Economics

Optional

Year 3

Advanced Financial Economics

Optional

Year 3

Advanced Industrial Economics

Optional

Year 3

Advanced International Trade I

Optional

Year 3

Advanced International Trade II

Optional

Year 3

Advanced Labour Economics

Optional

Year 3

Advanced Macroeconomics

Optional

Year 3

Advanced Mathematical Economics

Optional

Year 3

Advanced Microeconomics

Optional

Year 3

Advanced Monetary Economics

Optional

Year 3

Advanced Political Economy

Optional

Year 3

Advanced Public Economics

Optional

Year 3

Economic Policy Analysis I

Optional

Year 3

Economic Policy Analysis II

Optional

Year 3

International Money and Macroeconomics

Optional

Year 3

Numerical Methods in Economics

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About modules

The above is a sample of the typical modules we offer but is not intended to be construed and/or relied upon as a definitive list of the modules that will be available in any given year. Modules (including methods of assessment) may change or be updated, or modules may be cancelled, over the duration of the course due to a number of reasons such as curriculum developments or staffing changes. This content was last updated on Friday 24 February 2023.

The majority of teaching is delivered through lectures, tutorials, seminars and computer laboratory classes.

We aim to provide a learning environment that will enrich your life and live up to the ideal of a global education. You will engage directly in our common pursuit of cutting-edge, policy relevant and curiosity-driven research.

Economists study the world around them by applying both mathematical and statistical methods. You will be required to learn both to ensure you have the most up to date skills.

The final year dissertation module provides you with the opportunity to complete an independent research project on a topic of your choice. Under the guidance of a dissertation tutor, you will gain experience of the research process and a range of skills that will enhance your academic profile and CV.

Visit our open days on demand to watch pre-recorded lectures and general talks and see some of our lecturers in action.

Teaching methods

  • Computer labs
  • Lectures
  • Seminars
  • Tutorials
  • Workshops

During each semester you will be examined on the modules you have taken. With the exception of the dissertation in the third year (no exam), modules have exam-based assessment (at the end of the semester) and seminar or essay-based elements, including group work (during the semester).

Most exams consist of one part where you have to answer all questions ('Part A') and another part where you have some choice ('Part B'), for example, writing short essays on two out of five topics/questions provided. Exam length varies, depending on the share of the module mark made up by the exam (typically 60-80%), but year one and two exams are typically one to two hours, year three exams can be up to three hours.

Assessment methods

  • Dissertation
  • Essay
  • Examinations
  • Presentation
  • Group presentation
  • Group exercise

You will have at least the following hours of timetabled contact a week through lectures, seminars, tutorials, computer classes and supervisions.  

  • Year one: minimum of 12 hours
  • Year two: minimum of 10 hours
  • Final year: minimum of 8 hours

You will also be expected to engage in substantial independent study.

Our economics graduates gain a range of specialist and transferable skills, including the ability to grasp complex economic concepts, both mathematical and philosophical. This will enable you to have a lucrative career in a wide variety of fields such as government, international agencies, private sector organisations or education.

A study from the Department for Education and Institute for Fiscal Studies has found that studying economics at university significantly increases the average earnings of graduates.

Graduate destinations

Our graduates go into a wide variety of careers, including investment banking, accountancy, mergers and acquisitions, and stock and bond trading.

Recent graduates now work at organisations such as the Bank of America, Barclays, Bloomberg, Credit Suisse, Deloitte, HM Treasury, the Home Office, and Schroders.

Average starting salary and career progression

88.5% of undergraduates from the School of Economics secured graduate level employment or further study within 15 months of graduation. The average annual salary for these graduates was £34,570.*

*HESA Graduate Outcomes 2019/20 data published in 2022. The Graduate Outcomes % is derived using The Guardian University Guide methodology. The average annual salary is based on graduates working full-time within the UK.

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 consistently named as one of the most targeted universities by Britain’s leading graduate employers (Ranked in the top ten in The Graduate Market in 2013-2020, High Fliers Research).

Course data