Economics MEcon Hons - 2017 Entry

UCAS Code
L104

Entry Year
2017

A Level Requirements
AAA see all requirements see all requirements

Duration
Full time 4 Year(s)

Course Overview

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.

In your fourth year you will then go on to take Advanced Microeconomics, Macroeconomics, Econometrics, Research Skills and a Dissertation module. You will also choose three optional modules from a list including Labour Economics, Public Economics and Political Economy, Industrial Organisation and Financial Economics. These fourth-year modules will give you postgraduate-level detailed knowledge of subjects that are essential for students aspiring to work in specialist economics roles and will also provide a bridge to PhD studies in Economics.

  • Course Overview

    Course Overview

    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.

    In your fourth year you will then go on to take Advanced Microeconomics, Macroeconomics, Econometrics, Research Skills and a Dissertation module. You will also choose three optional modules from a list including Labour Economics, Public Economics and Political Economy, Industrial Organisation and Financial Economics. These fourth-year modules will give you postgraduate-level detailed knowledge of subjects that are essential for students aspiring to work in specialist economics roles and will also provide a bridge to PhD studies in Economics.

  • Entry Requirements

    Entry Requirements

    Grade Requirements

    A Level AAA

    International Baccalaureate 36 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

    Essential Subjects

    GCSE Mathematics (B); English Language (B)

    IELTS 6.5 (with at least 5.5 in each component)

    Further Information

    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 ugadmissions@lancaster.ac.uk

  • Course Structure

    Course Structure

    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.

    Year 1

      Core

    Year 2

      Core

      Optional

    Year 3

      Optional

    Year 4

      Core

      Optional

    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.

  • Careers

    Careers

    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.

  • Fees and Funding

    Fees and Funding

    Fees

    We set our fees on an annual basis and the 2017/18 entry fees have not yet been set.

    As a guide, our fees in 2016 were:

    UK/EU Overseas
    £9,000 £16,250

    Funding

    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. 400 students each year will be entitled to bursaries or scholarships to help them with the cost of fees and/or living expenses. 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 to any student from the UK entering with A*, A*, A or equivalent academic qualifications 
    • An Access Scholarship of £1,000 per year for all UK students from households with an income of less than £42,600 who achieve grades of A*, A, A, 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), will also be awarded our £2,000 Academic Scholarship in their first year of study.
    • An Excellence Scholarship which forms part of the Unconditional Offer Scheme for full time UK applicants with outstanding academic profiles within a number of academic departments.

    Bursaries for life, living and learning

    • Lancaster Bursary of £1,000 per annum for all students from England with a household income of more than £25,000 but less than £42,600 

    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

    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. 

Visit the Department:

Economics