What Will You Study
The Economics degree was enjoyable from start to finish and the staff were always helpful in answering questions.
I wouldn’t hesitate to recommend Lancaster as a place that helps to guide and support students’ future careers.
We teach Economics, and the supporting analytical methods, from first principles, making our three-year degree equally suited to students with an A Level in Economics or beginners who have not studied it before. Our course weaves theory and evidence into policy analysis so that you can analyse and understand fundamental issues and topical concerns. You’ll be able to choose from a wide range of optional Economics modules, or minor subjects, to tailor your studies to suit your interests and aspirations.
You begin your degree with modules including Principles of Economics and Quantitative Methods for Economics. You’ll also choose a third subject drawn from Management School disciplines or from other subject areas like Politics, International Relations or Geography. In your second year, you’ll move on to courses such as Introduction to Econometrics, Intermediate Micro and Macroeconomics and some specialist modules, for example Game Theory. It is also possible to continue your study of a minor subject through your second and third years.
In your third year, you will choose up to eight topics in Economics for specialist study, with each taught by an active researcher in the field. These include, for example, Public Economics, Human Resource Economics, Industrial Organisation, International Trade and International Business. Students who have performed well in their studies are also offered the opportunity of completing a Dissertation module in the third year.
Once registered on the course there will be the option of undertaking a full-year industry placement between your second and final years.
- Accounting and Economics : BSc Hons
- Accounting and Economics (Industry) : BSc Hons
- Business Economics (Industry) : BSc Hons
- Economics : MEcon Hons
- Economics (Industry) : BSc Hons
- Economics (Study Abroad) : BSc Hons
- Economics and Geography : BA Hons
- Economics and International Relations : BA Hons
- Economics and Mathematics : BSc Hons
- Economics and Politics : BA Hons
- Finance and Economics : BSc Hons
- Finance and Economics (Industry) : BSc Hons
- Financial Mathematics : BSc Hons
- Philosophy, Politics and Economics : BA Hons
Many of Lancaster's degree programmes are flexible, offering students the opportunity to cover a wide selection of subject areas to complement their main specialism. You will be able to study a range of modules, some examples of which are listed below.
- Career and Employability II
- Intermediate Macroeconomics I
- Intermediate Macroeconomics II
- Intermediate Microeconomics I
- Intermediate Microeconomics II
- Introduction to Econometrics
- Mathematics for Economics
- Advanced Macroeconomics
- Advanced Microeconomics
- Behavioural and Experimental Economics
- Development Economics
- Dissertation Module
- Health Economics
- Industrial Organisation
- International Business
- International Trade
- Labour Economics
- Mathematical Economics
- Monetary Macroeconomics
- Public Economics
- Sports Economics
Lancaster University offers a range of programmes, some of which follow a structured study programme, and others which offer the chance for you to devise a more flexible programme. We divide academic study into two sections - Part 1 (Year 1) and Part 2 (Year 2, 3 and sometimes 4). For most programmes Part 1 requires you to study 120 credits spread over at least three modules which, depending upon your programme, will be drawn from one, two or three different academic subjects. A higher degree of specialisation then develops in subsequent years. For more information about our teaching methods at Lancaster visit our Teaching and Learning section.
Information contained on the website with respect to modules is correct at the time of publication, but changes may be necessary, for example as a result of student feedback, Professional Statutory and Regulatory Bodies' (PSRB) requirements, staff changes, and new research.
A Level AAB
International Baccalaureate 35 points overall with 16 points from the best 3 Higher Level subjects
BTEC Distinction, Distinction, Distinction
Access to HE Diploma in a relevant subject including Distinctions in the majority of units
Other Qualifications We welcome applications from students with other internationally recognised qualifications. For more information please visit the international qualifications webpage or contact the Undergraduate Admissions Office directly
GCSE Mathematics (B); English Language (B)
IELTS 6.5 (with at least 5.5 in each component)
General Studies Offers normally include General Studies if it is taken as a fourth A level
Combination of Qualifications We welcome applications from students with a combination of qualifications, please contact the Undergraduate Admissions Office directly for further advice
Taking a gap year Applications for deferred entry welcomed
Contact Undergraduate Admissions Office + 44 1524 592028 or via firstname.lastname@example.org
Our degrees are designed to prepare you for a career in industry, business, finance, consultancy or government. Recent Economics graduates have joined banks and financial consultancies such as HSBC and Deloitte, while others have been employed on graduate schemes with major companies, including BAE and the Swire Group.
Many of our Economics students have gained places on postgraduate courses at top institutions and then pursued specialised careers as economists – for example, at the Bank of England, the Institute for Fiscal Studies, and in academia.
Lancaster University is dedicated to ensuring you not only gain a highly reputable degree, you also graduate with the relevant life and work based skills. We are unique in that every student is eligible to participate in The Lancaster Award which offers you the opportunity to complete key activities such as work experience, employability awareness, career development, campus community and social development. Visit our Employability section for full details.
Lancaster Management School has an award winning careers team to provide a dedicated careers and placement service offering a range of innovative services for management school students. Our high reputation means we attract a wide range of leading global employers to campus offering you the opportunity to interact with graduate recruiters from day 1 of your degree.
Teaching and Learning Methods
At Lancaster we offer a broad range of learning environments which include the traditional lecture-tutorial , interactive workshops, laboratory and practical activities, student-led seminars and web-based delivery.
The modules which make up a programme of study are assessed using a variety of different methods, enabling students to demonstrate their capabilities in a range of ways. Typical coursework assignments include laboratory reports, essays, literature reviews, short tests, poster sessions, group work assessment and oral presentations. Formal examinations include short answer questions, essays and data analysis. Students are supported in the production of final year project reports and dissertations. Details of the assessment methods for individual modules can be accessed via the university's online module catalogue.
In addition to these learning and teaching methods we encourage independent study, meaning you take responsibility for your own learning. For more information visit our Teaching Approach page.
We offer you a variety of stimulating and effective approaches to teaching, learning and assessment. This enables you and your tutors to explore the very latest thinking within your subject and develops your skills in problem solving, analysis and critical reflection, communication, application of knowledge and modern technologies.
As a University, we commit to providing all our undergraduates with a minimum number of contact hours per week, providing you with timely feedback on your work and a maximum number of 15 students per seminar group.
Our annual tuition fee is set for a 12-month session, starting in the October of your year of study.
Our Undergraduate Tuition Fees for 2017/18 are:
Tuition fees for programmes are set annually for all new and continuing students. If you are studying on a course of more than one year’s duration, the fees for subsequent years of your programme are likely to increase each year. Such increases are normally calculated based on increases in the costs incurred by the institution, or in relation to UK government regulations which set the maximum fee for certain categories of student.
For the majority of undergraduate students, the most recent annual increase was 2.8%. Any change in fee rates will be communicated to students and applicants prior to the start of the academic year in question, and normally at least eight months prior to enrolment. Further details can be found in our Terms and Conditions.
Lancaster University's priority is to support every student to make the most of their life and education and we have committed £3.7m in scholarships and bursaries. Our financial support depends on your circumstances and how well you do in your A levels (or equivalent academic qualifications) before starting study with us.
Scholarships recognising academic talent:
- An Academic Scholarship of £2,000 for the first year of study for full-time UK, Channel Islands and Isle of Man students who achieve A*,A*,A in their A level examinations (or equivalent academic qualifications) and who place Lancaster as their firm choice. This is awarded regardless of household income.
- An Access Scholarship of £1,000 for each year of study for all UK students with household incomes of less than £42,600 who achieve A level grades of A*,A, A in their A level examinations (or the equivalent academic qualifications). In addition, students from household incomes of less than £42,600 who achieve higher entry grades of A*, A*, A (or equivalent academic qualifications), who place Lancaster as their firm choice will also be awarded our £2,000 Academic Scholarship in their first year of study.
Continuation of the Access Scholarship is subject to satisfactory academic progression.
Students may be eligible for both the Academic and Access Scholarship if they meet the requirements for both.
- An Excellence Scholarship which forms part of the Unconditional Offer Scheme for full time UK, Channel Islands and Isle of Man applicants with outstanding academic profiles within a number of academic departments.
Bursaries for life, living and learning:
- A Lancaster bursary of £1,000 for each year of study for all students from the UK with a household income of less than £42,600.
Students from the UK eligible for a bursary package will also be awarded our Academic Scholarship and/or Access Scholarship if they meet the criteria detailed above.
Any financial support that you receive from Lancaster University will be in addition to government support that might be available to you (eg fee loans) and will not affect your entitlement to these.
For full details of the University's financial support packages including eligibility criteria, please visit our fees and funding page
Please note that this information relates to the funding arrangements for 2017, which may change for 2018.
Students may incur travel costs dependant on their placement location.
Students also need to consider further costs which may include books, stationery, printing, photocopying, binding and general subsistence on trips and visits. Following graduation it may be necessary to take out subscriptions to professional bodies and to buy business attire for job interviews.