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Economics BSc Honours

We offer a practical economics education, experienced faculty, interactive learning, industry connections, and strong employability prospects, making it an excellent choice for studying economics
Code
L101
Start
September 2024
Duration
3 years full-time
6 years part-time
Attendance
Full-time
Part-time
Fees
£9,250 (UK)*
£16,600 (INT)*
Course leader
Joris Gillet

100% of students were positive about the quality of learning resources and facilities on this course – National Student Survey (NSS) 2023

Why choose Economics BSc Honours at Middlesex?

This degree weaves academic learning into the business context. Upon graduation, you'll have the necessary skills and experience to develop a career in government departments, banks, risk and insurance sectors, investment and broking firms, retail and manufacturing firms, and charities.

Some of the benefits of joining us on this course include:

  • Placements, internship opportunities and industry exposure to prepare you to take up positions in government, private sector, voluntary organisations and academia
  • A focus on applying knowledge to the industry context
  • An advisory board made up of eminent economists and industry personnel
  • A department with strong tutorial expertise in behavioural economics and policy-related areas such as development.

What you will gain

If you are interested in starting your own business, working in business or becoming a financial or economic analyst, this is the course for you. You'll learn the theories and methods that help businesses analyse their performance and take measures to help them thrive.

You'll develop your understanding of how economies and businesses work and the wider potential impacts on financial growth.

You will learn about economics, and gain transferable skills such as communication and computational skills.

You'll learn to study, question and interpret data and develop confident communication skills to present and discuss your findings. You'll also be able to design data collection tools as well as analyse and interpret the data with the aim of improving economic decision-making, including business decisions and operations.

We have 145 years of experience delivering professional, creative and technical education that prepares students – like you – for success in global careers.

What you will learn

We will help you develop the main skills in economics, including data analysis, group presentation and discussion, writing and report preparation.

Our Economics Department has strong expertise in behavioural and experimental economics as well as econometrics. We will help you to apply economic theory and knowledge to business practice. We have links with financial, governmental and voluntary organisations, and you'll be supported on work placements and internships and also to study overseas at linked universities.

You will learn about the following during your studies:

  • Individual and firm behaviour under uncertainty
  • Price determinism and discrimination
  • Game theory and oligopolistic pricing using game theory
  • World financial markets
  • Regulators and financial instruments
  • Securities analysis and investment
  • Econometrics and sampling techniques
  • Risk and probability distributions.

You'll also develop a robust ability to use Excel, Stata and other statistical software, interpret financial data and write business reports.

3 great reasons to pick this course

Top 10 London university
Top 10 university for economics in both teaching – Guardian 2023 – and research (Repec) in London

Top graduate destinations
We are proud to see our graduates securing a range of finance-related roles at prestigious organisations, including GSA Capital, Handelsbanken, JP Morgan and KMPG

Learn the latest software
Used industry-standard financial and data-analytic software commonly used in the workplace in our state-of-the-art Financial Markets Lab


Keep informed

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Our communications are designed to support you in deciding your future and keep you up to date about student finance, employment opportunities and student activities available at Middlesex University.

This is a three or four year degree, depending on an optional industry placement year. It can also be studied part-time over six years. The work placement year takes place between the second and third years of the degree. Your full-time study years are structured like this:

Year 1

The first year covers a range of modules aimed at providing you with a comprehensive understanding of fundamental economic principles, their applications, statistical analysis, and quantitative techniques.

Year 2

The second year builds upon the foundational knowledge gained in the first year and delves deeper into the field of economics with specialised modules in micro- and macroeconomics. It also covers more advanced statistical (econometrics) and quantitative skills.

Year 3

In the third year, you'll delve into more specialised and advanced areas of the field, especially in macroeconomics and econometrics. In combination with our range of optional modules, the third-year modules will provide you with advanced knowledge and analytical skills in specific areas of economics, enabling you to specialise in your areas of interest.

Modules

  • Year 1

    • Economic Principles (30 credits) - Compulsory

      This module will allow you to examine micro and macro-economic theories in the business environment.

    • Economic Applications (30 credits) - Compulsory

      In this module, you'll apply selected micro and macro-economic theories to the running of business in the real world.

    • Statistics and Interference (30 credits) - Compulsory

      This module will develop your understanding of the fundaments of statistical analysis of data.

    • Quantitative Techniques I (30 credits) - Compulsory

      In this module, you'll explore computational skills to help manage business finance.

  • Year 2

    • Microeconomics (30 credits) - Compulsory

      This module will encourage you to develop a more advanced understanding of microeconomics.

    • Macroeconomics (30 credits) - Compulsory

      In this module, you'll develop an advanced understanding of macroeconomics.

    • Econometrics (30 credits) - Compulsory

      Thi module will enhance your understanding by using econometric methods to analyse economic data.

    • Quantitative Techniques II (30 credits) - Compulsory

      This module will allow you to develop a more advanced understanding of quantitative methods for economics.

  • Year 3

    • Advanced Macroeconomics (30 credits) - Compulsory

      This module will further develop your advanced understanding of macroeconomics.

    • Advanced Econometrics (30 credits) - Compulsory

      In this module, you'll develop an advanced understanding of and ability to use econometrics.

    • Advanced Microeconomics (30 credits) - Optional

      This module will further developing your advanced understanding of microeconomics.

    • Trade and Growth (30 credits) - Optional

      In this module,you'll learn theories relating to international trade and economic growth and how they are being applied in an increasingly interdependent world.

    • Industrial Organisation and Policy (30 credits) - Optional

      Through this module, you'll develop knowledge of firm strategic behaviour in markets such as market concentration, monopoly power, price discrimination and firm strategic interaction in markets.

    • Development and Labour Economics (30 credits) - Optional

      Through this module, you'll develop knowledge in microeconomic theories that can be used to explain and predict problems in economic development faced by developing countries and labour economics.

    • Economics of Entertainment and Sports (30 credits) - Optional

      This module will allow you to smartly apply traditional micro and macro-economic theories to explain modern lucrative business operations in the entertainment and sports industries.

    • Monetary Policy (30 credits) - Optional

      In this module, you'll gain an understanding of how businesses would be affected by government’s changing monetary policies.

    • Work Internship (30 credits) - Optional

      The internship module gives you the opportunity to undertake a period of work experience for a minimum of 30 days. This will facilitate you to gain an insight into the world of work and appropriate conduct at work, and the process of becoming and staying employable through assertiveness, continuing development and reflection on both your development and the link between theory and practice. You will also develop an understanding of the organisation, sector and the environment in which it operates.

  1. Teaching and independent learning
  2. Assessment and feedback

The Sheppard Library

Our library is open 24 hours a day during the term and includes:

  • Over 1,000 study areas with rooms for group study and over 600 computer spaces
  • 350,000 books and e-books and more than 24,000 online journals
  • Free laptop loans, Wi-Fi and printing.

Student support

We offer lots of support to help you while you're studying including financial advice, wellbeing, mental health, and disability support.

Additional needs

We'll support you if you have additional needs such as sensory impairment or dyslexia. And if you want to find out whether Middlesex is the right place for you before you apply, get in touch with our Disability and Dyslexia team.

Wellness

Our specialist teams will support your mental health. We have free individual counselling sessions, workshops, support groups and useful guides.

Work while you study

Our Middlesex Unitemps branch will help you find work that fits around uni and your other commitments. We have hundreds of student jobs on campus that pay the London Living Wage and above. Visit the Middlesex Unitemps page.

Financial support

You can apply for scholarships and bursaries and our MDX Student Starter Kit to help with up to £1,000 of goods, including a new laptop or iPad.

We have also reduced the costs of studying with free laptop loans, free learning resources and discounts to save money on everyday things. Check out our guide to student life on a budget.

How can the BSc Economics support your career?

You'll develop your knowledge of the subject and transferable skills that are highly sought after by employers.

Graduate job roles

Typical job roles are analyst, director, manager, teacher or administrator. Or you could study further and with a master's degree.

Graduate employers

Our graduates usually go on to work for private businesses or public bodies like the National Health Service (NHS).

MDXworks

Our employability service, MDXworks will launch you into the world of work from the beginning of your course, with placements, projects and networking opportunities through our 1000+ links with industry and big-name employers in London and globally.

Our dedicated lifetime career support, like our business start-up support programme and funding for entrepreneurs, has been recognised with the following awards:

The top 20 UK universities for business leaders and entrepreneurs – Business Money, 2023

A top 10 university for producing CEOs – Novuana, 2023.

Global network

You’ll study with students from 122 countries who’ll hopefully become part of your global network. And after you graduate, we'll still support you through our alumni network to help you progress in your chosen career.

  1. UK entry
  2. International entry
  3. How to apply

The fees below are for the 2024/25 academic year:

UK students1

Full-time: £9,250

Part-time: £77 per taught credit

International students2

Full-time students: £16,600

Part-time students: £138 per taught credit

Additional costs

The following study tools are included in your fees:

  • Free access to resources, learning materials and software you need to succeed on your course
  • Free laptop loans for up to 24 hours
  • Free specialist software for your course
  • Free printing for academic paperwork
  • Free online training with LinkedIn Learning.

Scholarships and bursaries

To help make uni affordable, we do everything we can to support you including our:

  • MDX Excellence Scholarship offers grants of up to £2,000 per year for UK students
  • Regional or International Merit Awards which reward International students with up to £2,000 towards course fees
  • Our MDX Student Starter Kit to help with up to £1,000 of goods, including a new laptop or iPad.

Find out more about undergraduate funding and all of our scholarships and bursaries.

Fees disclaimers

1. UK fees: The university reserves the right to increase undergraduate tuition fees in line with changes to legislation, regulation and any government guidance or decisions. The tuition fees for part-time UK study are subject to annual review and we reserve the right to increase the fees each academic year by no more than the level of inflation.

2. International fees: Tuition fees are subject to annual review and we reserve the right to increase the fees each academic year by no more than the level of inflation.

Any annual increase in tuition fees as provided for above will be notified to students at the earliest opportunity in advance of the academic year to which any applicable inflationary rise may apply.

Dr Ericka Rascon Ramirez
Senior lecturer

Dr Rascon Ramirez is a lecturer and researcher in Behavioural, Family and Development Economics.


We’ll carefully manage any future changes to courses, or the support and other services available to you, if these are necessary because of things like changes to government health and safety advice, or any changes to the law.

Any decisions will be taken in line with both external advice and the University’s Regulations which include information on this.

Our priority will always be to maintain academic standards and quality so that your learning outcomes are not affected by any adjustments that we may have to make.

At all times we’ll aim to keep you well informed of how we may need to respond to changing circumstances, and about support that we’ll provide to you.

Other courses

Business Economics BSc Honours

Start: September 2024

Duration: 3 years full-time, 6 years part-time

Code: L110

Foundation Year in Economics

Start: September 2024

Duration: 1 year full-time, Plus 3 years full-time

Code: See how to apply tab under Entry Requirements

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