ÌÇÐÄÔ­´´

Economics and Econometrics

BSc Hons UCAS Code

Course overview

BSc Economics and Econometrics combines the foundations of economics with statistical and mathematical models to test economic theories and analyse real-world data. You'll gain the skills to make accurate predictions about future trends and unlock valuable insights that can drive business decisions.Ìý

Throughout your degree, you’ll be able to choose modules such as International Trade, Financial Economics or Labour Economics. These options can help you discover which career path is right for you.Ìý

Outside of the classroom, you’ll have automatic membership to the student-led Nottingham Economics and Finance Society (NEFS) which offers networking opportunities, CV advice, and additional training through their divisions.

Teaching and learning

Modules

Core modules

6 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.


Introduction to Econometrics

This module formalises the statistical methods required for data analysis in economics. The topics include statistical distribution theory and statistical inference, maximum likelihood and extension of the linear regression model to more than one explanatory variable.


Introduction to Macroeconomics

Macroeconomics is the study of the aggregate economy, focusing on the cyclical pattern of aggregate output and co-movement of real and monetary aggregates in general equilibrium. A series of basic models used in modern macroeconomics are introduced, with a particular focus on dynamic general equilibrium modelling tools and techniques necessary to build theoretical models.


Introduction to Microeconomics

In this module you will learn about the behaviour of firms and households in situations of competitive and imperfectly competitive markets.


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.


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

£9,535 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

Careers

Compare this course

Discover life at Nottingham

From financial support to student life and accommodation, discover more about the Nottingham experience.

Welcome to your campus

At University Park, nature, architecture and student life come together on one unforgettable campus. Explore beautiful green spaces, unwind by the lake and enjoy a vibrant sense of community. It’s the perfect setting for an extraordinary university experience where you can learn, grow and thrive.

Ready to help

Head to our Help and Support hub for frequently asked questions and details of how to get in touch.