Economics and Mathematics

BSc Hons

  • UCAS Code GL11
  • Entry Year 2023 or 2022
  • A Level Requirements AAB
  • Duration Full time 3 Years

Overview

Top reasons to study with us

  • 11

    11th for Graduate Prospects for Economics

    The Times and Sunday Times Good University Guide (2022)

  • 12

    12th for course satisfaction in Mathematics

    The Guardian University Guide (2022)

  • 13

    13th for student experience

    The Times and Sunday Times Good University Guide (2022)

Introduction

What makes some countries richer than others? How can we measure inequality or the impact of climate change, and what should we do about it? What makes a business successful? Are education or healthcare investments like the others?

As a student who is comfortable and fluent in mathematics, BSc Economics and Mathematics provides you with the analytic skills and intellectual toolbox to help answer these pressing economics questions and many more. You will learn how to interpret data, understand (and quantify) the decisions made by individuals, organisations, and governments and evaluate economic policies.

Programme overview

BSc Economics and Mathematics focusses on the mathematical and statistical methods employed in Economics, alongside studies in mathematics theory. Whether your goal is to use Economics in Finance or Policy, this programme is flexible enough to allow you to pursue either.

You will cover the fundamentals of Economic theory and practice, and as your degree progresses and you discover more about both the subject and about yourself, you have the opportunity to flex this programme in ways that speak to your changing interests and strengths. This might lead you to choose modules in:

  • Econometrics
  • Data Science for Economics
  • Stochastic processes
  • Time Series Analysis

Amongst many other specialisations. This leads to a degree unique to you, where you have played a major part in building the degree you want.

Alongside your Economics studies, you will study the principles, methods and concepts of Mathematics. Modules cover a wide range of topics from calculus, probability and statistics to logic, proofs and theorems.

This programme uses your mathematical skills and knowledge to explore the core principles of macro and micro-economics and game theory amongst other areas of the discipline.

Key Facts

What separates Lancaster from the crowd is the flexible nature of our Economics degree programmes. In your third year, you can choose a large number of your modules, focusing on your areas of interest to build a degree unique to you.

You do not need an A level in Economics to enrol in this course.

Programme outcomes

BSc Economics and Mathematics offers a grounding in the fundamentals of Economics alongside your Mathematical knowledge. The most powerful aspect of Economics is that it teaches a way of thinking which can then be applied to a specific field. If you want to be a government economist advising on tax or social/welfare costs, you need specific knowledge and skills. The same is true for a career in finance. You need specific finance models – how much to invest here, or advise clients to invest there. But the mode of thinking is the same for both: it is the critical, disciplined way of thinking that you will get from an Economics degree at Lancaster University. Economics opens up the world because the critical and analytical thinking skills that it inculcates are applicable to whatever your passion, be they Politics, Finance, the trading floor, or working for an NGO, all use the same skills.

Careers

As a graduate of Lancaster you’ll enjoy excellent employment prospects. Your qualification in Economics and Mathematics, along with your problem-solving skills, analytical abilities and organisational expertise, will make you highly desirable to employers.

Former graduates have been taken on as professional economists and economic advisers by the Bank of England, the Civil Service, management consultancies and diverse companies in a wide range of areas.

Your skills are also easily transferable to various roles such as marketing, management, advertising and consultancy.

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.

Entry Requirements

Grade Requirements

A Level AAB

Required Subjects A level Mathematics or Further Mathematics grade A

GCSE English Language grade C or 4

IELTS 6.5 overall with at least 5.5 in each component. For other English language qualifications we accept, please see our English language requirements webpages.

Other Qualifications

International Baccalaureate 35 points overall with 16 points from the best 3 Higher Level subjects including 6 in HL Mathematics (either analysis and approaches or applications and interpretations)

BTEC May be considered alongside A level Mathematics or Further Mathematics at grade A

We welcome applications from students with a range of alternative UK and international qualifications, including combinations of qualification. Further guidance on admission to the University, including other qualifications that we accept, frequently asked questions and information on applying, can be found on our general admissions webpages.

Contact Admissions Team + 44 (0) 1524 592028 or via ugadmissions@lancaster.ac.uk

Course Structure

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 to complement your main specialism. 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 please visit our Teaching and Learning section.

The following courses do not offer modules outside of the subject area due to the structured nature of the programmes: Architecture, Law, Physics, Engineering, Medicine, Sports and Exercise Science, Biochemistry, Biology, Biomedicine and Biomedical Science.

Information contained on the website with respect to modules is correct at the time of publication, and the University will make every reasonable effort to offer modules as advertised. In some cases changes may be necessary and may result in some combinations being unavailable, for example as a result of student feedback, timetabling, Professional Statutory and Regulatory Bodies' (PSRB) requirements, staff changes and new research.

Core

Core

Optional

Core

Optional

Fees and Funding

We set our fees on an annual basis and the 2023/24 entry fees have not yet been set.

As a guide, our fees in 2022/23 were:

UK International
£9,250 £23,365

Scholarships and bursaries

At Lancaster, we believe that funding concerns should not stop any student with the talent to thrive.

We offer a range of scholarships and bursaries to help cover the cost of tuition fees and/or living expenses.

Student Insights

In her blog, Sophie Knight shares her thoughts on her degree, and looks ahead to graduation."Getting to be part of two very different departments has allowed me to build up many different skills, and also make use of the different teaching styles."

Read Blog

Important information

The information on this site relates primarily to 2023/2024 entry to the University and every effort has been taken to ensure the information is correct at the time of publication.

The University will use all reasonable effort to deliver the courses as described, but the University reserves the right to make changes to advertised courses. In exceptional circumstances that are beyond the University’s reasonable control (Force Majeure Events), we may need to amend the programmes and provision advertised. In this event, the University will take reasonable steps to minimise the disruption to your studies. If a course is withdrawn or if there are any fundamental changes to your course, we will give you reasonable notice and you will be entitled to request that you are considered for an alternative course or withdraw your application. You are advised to revisit our website for up-to-date course information before you submit your application.

More information on limits to the University’s liability can be found in our legal information.

Our Students’ Charter

We believe in the importance of a strong and productive partnership between our students and staff. In order to ensure your time at Lancaster is a positive experience we have worked with the Students’ Union to articulate this relationship and the standards to which the University and its students aspire. View our Charter and other policies.