Economics BSc Hons - 2022 Entry

UCAS Code
L100

Entry Year
2022 (2021)

A Level Requirements
AAB see all requirements

Duration
Full time 3 Year(s)

Course Overview

An understanding of economics gets to the heart of how the world works. Through our flexible programme, embedded within our wide-ranging Management School and delivered by high-quality researchers recognised for their teaching with the TEF Gold accreditation, you will tackle important questions: How do countries fund their emergency services? Why do celebrities get paid so much?

Economics is highly-prized by employers in the private and public sectors, and we provide you with both the theoretical knowledge and practical application you need for your future career. Our degree weaves theory and evidence into policy analysis, allowing you to understand fundamental issues and topical concerns in the real world. Our place within the Management School provides a close relationship with other business disciplines and access to businesses and employers in the business world.

You do not need Economics A level, as all first years study the Principles of Economics and Quantitative Methods for Economics, covering mathematics and statistics. The flexible degree structure means you can choose another subject such as Accounting and Finance, International Relations or Marketing as a minor subject, which you can continue to study throughout your degree.

You are taught by expert researchers working at the cutting-edge of the field. In the second year, in addition to core modules such as Micro and Macroeconomics, you choose from specialist topics, including Game Theory; and your final year sees you choosing up to eight modules, including Public Economics, International Trade and Health Economics. The range of topics allows you to tailor your studies to suit your aspirations. High-performing students can choose to write a dissertation. Many of our best graduates go on to study a Masters degree. We are proud of our aspiring economists and aim to nurture your potential. You will have support from our careers team, which includes a dedicated departmental

careers coach who works with you from day one, helping with internships, placements and graduate employment. We will supply training in CV writing, interview assessment centres and telephone interviews, helping you with your future career ambitions. BSc Economics is also available as a four-year programme with a year in industry.

Entry Requirements

Grade Requirements

A Level AAB

Required Subjects A level Mathematics grade B

GCSE Mathematics grade B or 6, 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 with at least grade B

We welcome applications from students with a range of alternative UK and international qualifications, including combinations of qualifications. 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.

Year1

    Core

Year2

    Core

    Optional

Year3

    Core

    Optional

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

We set our fees on an annual basis and the 2022/23 entry fees have not yet been set.

As a guide, our fees in 2021 were:

UK International
£9,250 £20,440

Applicants from the Channel Islands and the Isle of Man

Some science and medicine courses have higher fees for students from the Channel Islands and the Isle of Man. You can find more information about this on our Island Fees page.

Additional course costs and information

There may be extra costs related to your course for items such as books, stationery, printing, photocopying, binding and general subsistence on trips and visits. Following graduation, you may need to pay a subscription to a professional body for some chosen careers.

Specific additional costs for studying at Lancaster are listed below.

College Fees

Lancaster is proud to be one of only a handful of UK universities to have a collegiate system. We have nine colleges in total, and every student belongs to a college, whether you live on campus or choose to commute. All students pay a small college membership fee, which supports the running of college events and activities. Once you have been accepted into a college, you will receive confirmation and be required to pay a college membership fee.

For students starting in 2020, the fee is £40 for undergraduates and research students and £15 for students on one-year courses. Fees for students starting in 2021 have not yet been set.

Computer Equipment and Internet access

To support your studies, you will also require access to a computer, along with reliable internet access. You will be able to access a range of software and services from a Windows, Mac, Chromebook or Linux device. For certain degree programmes, you may need a specific device, or we may provide you with a laptop and appropriate software - details of which will be available on relevant programme pages. A dedicated IT support helpdesk is available in the event of any problems.

The University provides limited financial support to assist students who do not have the required IT equipment or Broadband support in place.

Funding

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. 

Student Insights

In his blog, Faraz Khokar discusses how he has enjoyed taking advantage of all the opportunities at Lancaster. "My time so far has been enriching. I’ve met industry leaders in the world of banking and finance, successful entrepreneurs, top graduate recruiters and so on. You can learn a lot by listening to someone’s experience and career journey, it grows you as a person and makes you aware of the world out there."

Read Blog

Contact hours

The amount of time you spend in lectures, seminars and other learning activities will differ from year to year and vary depending on the module options you choose. These figures are averages based on the most recently collected data for this course.

Year 1

  • 28%

    Scheduled contact hours

  • 72%

    Independent study

Year 2

  • 29%

    Scheduled contact hours

  • 71%

    Independent study

Year 3

  • 23%

    Scheduled contact hours

  • 77%

    Independent study

Assessment

Most of our degrees use a broad range of assessments methods. These figures are averages based on the most recently collected data for this course, and are given as a guide.

Year 1

  • 55%

    Coursework

  • 45%

    Written exams

Year 2

  • 36%

    Coursework

  • 64%

    Written exams

Year 3

  • 34%

    Coursework

  • 66%

    Written exams

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Alumni Profiles

Link: click to see Steph Smith
portrait photograph of Steph Smith

Steph Smith

BSc Economics, 2015

I wouldn’t hesitate to recommend Lancaster as a place that helps to guide and support students’ future careers.
Link: click to see Beth Watson
portrait photograph of Beth Watson

Beth Watson

BSc Economics, 2014

The academic staff were always friendly and helpful and more than happy to help me understand complex concepts.

Important Information

The information on this site relates primarily to 2022/2023 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 the event of a course being withdrawn or if there are any fundamental changes to your course, we will give you reasonable notice and you will be entitled to withdraw your application. You are advised to revisit our website for up-to-date information before you submit your application. Further 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.

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