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Economics

BSc Hons UCAS Code

Course overview

Economics is not just about money. It’s about the choices we make and the effects of those choices on people, businesses, and governments. Our BSc Economics course covers the fundamentals of economics - macroeconomics, microeconomics, statistics, and data analysis. As you progress, you get more choice such as financial, political, behavioural or development economics.

From year one, we’ll support your career development. You’ll have automatic membership to the student-led Nottingham Economics and Finance Society (NEFS). They offer networking opportunities, CV advice, and additional training through their divisions.

Find out more about studying economics at Nottingham.

Find out more about studying economics at Nottingham.

Why choose this course?

Teaching and learning

Modules

Core modules

8 modules

Applied Economics

In this module, you’ll explore trends in long run economic growth and globalisation. You’ll gain an understanding of 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 some countries are much richer than others and will give us some important insights on how to promote sustained growth in developing countries.

We will then turn to the economics of globalisation. This will look at the gains from trade, addressing debates regarding free trade and protectionism. You'll consider the movement of capital and migrant workers, looking at the causes of international mobility and the impact on both sending and receiving economies. Particular attention will be given to the rise of China in the world economy, to European economic integration and to potential deglobalisation.


Foundations of Macroeconomics: Growth, Cycles and Policy

Begin your macroeconomics education by studying the aggregate economy. Focus on short-term economic fluctuations and long-term growth and debate the role of government in economic management. Learn basic macroeconomic models and apply them to real-world situations.


Foundations of Microeconomics: Choice, Markets and Welfare

Start your journey in microeconomics. Analyse household and firm choices, market demand and supply, and various market structures, such as perfect competition and monopolistic firms. Learn to evaluate economic outcomes and market failures and develop essential skills for studying economics.


Introduction to Macroeconomics

Discover the big picture of the economy with this introductory macroeconomics course. Focus on the cyclical patterns of aggregate output and the interplay of real and monetary factors. Learn basic models, particularly dynamic general equilibrium modelling tools, and apply them to both theoretical and practical situations. Develop your analytical and communication skills through essays and presentations.


Introduction to Microeconomics

Dive into the world of microeconomics, exploring how firms and households make decisions in various market conditions. You'll learn the fundamentals, apply them to real-world scenarios and develop analytical skills through maths and diagrams. Engage in discussions and tutorials to enhance your understanding and communication skills.


Mathematical Economics

In this module, you’ll develop a sound basis in the fundamentals of mathematical methods used in economics. You’ll learn to represent economic problems as mathematical problems and to solve them. You’ll learn to apply mathematical techniques in an appropriate manner.


Quantitative Economics

Master the mathematical and statistical methods used in economic modelling. ÌÇÐÄÔ­´´ mathematical finance, function analysis, differentiation, optimisation, integration, statistical methods and regression analysis. Apply these tools to analyse economic problems and develop your quantitative skills.


Statistical Methods

This module will introduce you to fundamental statistical concepts. You’ll be introduced to the ideas behind regression analysis through simple linear regression. You’ll learn to apply statistical and graphical techniques in an appropriate manner. You’ll also be introduced to data analysis using Excel. You’ll be expected to complete a series of tasks and solve assignments designed to familiarise you with common challenges faced by professional economists in a business environment and in academia.


Optional modules

Select student type

Entry requirements

3 years full-time

£10,050 per year

Quote marks icon

I’m part of NEFS. In first year, I joined the global economy divisions. We did case studies like what are the big business areas that countries are investing in and we did a presentation on the biggest areas we think countries should focus on in the next 10 years."

Sahar Qureshi

BSc Economics

Postgraduate students in a group study session at a table in the Sir Clive Granger Building

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