BSc Economics and Econometrics

University of Nottingham - Faculty of Social Sciences

Program Description

BSc Economics and Econometrics

University of Nottingham - Faculty of Social Sciences

BSc Economics and Econometrics

Following a similar structure to BSc Economics, this course also includes modules in econometrics, providing a rigorous analysis of mathematical and statistical methods.

It has been designed to provide you with the analytical and discursive skills of a well-trained economist with a focus on advanced econometric analysis.

By the end of your course, you will have the skills to analyse complex economic problems using state-of-the-art mathematical and statistical modelling techniques. You will have a thorough knowledge of a broad range of economic theory and how it is applied to the real world.

Core modules in econometrics form part of all three years of the degree; however, there is the opportunity to take modules outside the school in years one and two if you wish.

Year one

In your first year, we work to provide you with a solid grounding in introductory economic theory and mathematics/statistics, with emphasis on the relevance of such methods to the study of economic questions of cultural, political and social importance. This is achieved through a range of modules that explore current economic issues and perspectives as well as core modules in mathematical economics and econometrics.

Year two

Advancing your knowledge of micro and macroeconomics, your second-year core modules also cover econometrics. You will focus on econometric theory, establishing a thorough knowledge of the matrix algebra of the general linear regression model and the statistical properties of time series data, models and forecasts.

You can also apply to spend a semester of your second year studying abroad, taking similar modules to your counterparts back in Nottingham or expanding your knowledge through other options.

Year three

With core modules and a dissertation accounting for half of your third year of study, you will cover both theoretical and applied aspects of econometrics at an advanced level.

The compulsory aspects of your final year provide a detailed treatment of the models and techniques used in the analysis of time series, panel and cross-section data. Many of these were pioneered by 2003 Nobel laureate and Nottingham alumnus, Sir Clive Granger. You will also have the opportunity to select additional modules from a wide range of specialist options.

Key facts

Entry requirements

A Levels: A*AA including maths and excluding general studies, leisure studies, and global perspectives and research (A*ABB including an A in maths for those taking four full A levels and completing them in the same year)

English language requirements

If you have not studied using the medium of English for your entire secondary education or do not have GCSE English or equivalent at grade B or above you will be asked to achieve the following IELTS score:

IELTS: 7.0 (no less than 7.0 in reading and writing, and 6.0 in speaking and listening)

For details of other English language tests and qualifications we accept, please see our entry requirements page.

If you require additional support to take your language skills to the required level, you may be able to attend a pre-sessional course at the Centre for English Language Education, which is accredited by the British Council for the teaching of English in the UK.

Students who successfully complete the pre-sessional course to the required level can progress onto their chosen degree course without retaking IELTS or equivalent.

International applicants

For country-specific information including entry requirements, contact details and representatives, see our website. If you need a visa to study, the University can provide all the information and advice you need. Alternative entry requirements for those with international fees status are as follows:

International Baccalaureate: 36 including bonus points; 6 in maths at Higher Level
ISC/CBSE: 90% in year 12

Applicants taking foundation courses should contact us for more information.

Mature Students

At the University of Nottingham, we have a valuable community of mature students and we appreciate their contribution to the wider student population. You can find lots of useful information in our guide for mature students.

Alternative qualifications

Our admission process recognises that applicants have a wealth of different experiences and may have followed various educational pathways. Please view the alternative qualifications page for details. Please note, we do not accept extended project qualifications.

Flexible admissions policy

In recognition of our applicants’ varied experience and educational pathways, the University of Nottingham employs a flexible admissions policy. We may make some applicants an offer lower than advertised, depending on their personal and educational circumstances. Please see the University’s admissions policies and procedures for more information.

Notes for applicants

We are looking for students who have the ability and motivation to benefit from our courses, and who will make a valued contribution to the department and the University. Candidates for full-time admission are considered on the basis of their UCAS application.

When considering your application, we will look for evidence that you will be able to fulfil the objectives of the programme of study and achieve the standards required. We will take into account a range of factors additional to, and in some cases instead of, formal examination results.

Selection of those applicants to whom we will make an offer will be based upon a combination of the candidate's academic record and an assessment of all the information provided in their UCAS application, their academic reference and their personal statement.

Modules

The following is a sample of the typical modules that we offer as at the date of publication but is not intended to be construed and/or relied upon as a definitive list of the modules that will be available in any given year. Due to the passage of time between commencement of the course and subsequent years of the course, modules may change due to developments in the curriculum and the module information in this prospectus is provided for indicative purposes only.

Typical year one module

Core modules

  • Introduction to Macroeconomics
  • Introduction to Microeconomics
  • Mathematical Economics and Econometrics
  • Writing Economics
  • Careers and Employability for Economists

At least one from:

  • Economic Perspectives
  • Growth and Development in Long-Run Historical Perspective
  • Current Economic Issues

Optional modules
Plus optional economics modules or modules from any other school.

  • Current Economic Issues
  • Economic Integration I
  • Economic Integration II
  • Economic Perspectives
  • Growth and Development in Long-Run Historical Perspective

Typical year two modules

Core modules

  • Econometric Theory I
  • Econometric Theory II
  • Macroeconomic Theory
  • Microeconomic Theory

Optional modules
Plus optional economics modules; some modules may also be taken from other schools.

  • Development Economics
  • Environmental and Resource Economics
  • Experimental and Behavioural Economics
  • Financial Economics
  • Industrial Economics
  • International Trade
  • Introduction to Political Economy
  • Labour Economics
  • Monetary Economics
  • Public Sector Economics

Typical year three modules

Core modules

  • Advanced Econometric Theory
  • Advanced Time Series Econometrics
  • Dissertation

Optional modules
Advanced topics such as:

  • Development Economics
  • Experimental and Behavioural Economics
  • Financial Economics
  • International Trade Theory
  • Labour Economics
  • Macroeconomics
  • Mathematical Economics
  • Microeconomics
  • Monetary Economics
  • Public Economics I
  • Industrial Organisation
  • International Money and Macroeconomics
  • International Trade Policy
  • Numerical Methods in Economics
  • Political Economy
  • Topics in Econometrics

Study abroad

On this course, you can apply to spend a semester studying abroad at the University's campuses in China or Malaysia, or at one of our partner institutions in locations such as Australia, Canada and Japan.

You will get the opportunity to broaden your horizons and enhance your employability by experiencing another culture. You can choose to study similar modules to your counterparts back in Nottingham or expand your knowledge by taking other options. Teaching is typically in English; however, there may be opportunities to study in another language if you are sufficiently fluent.

Careers

The growth of economic awareness has increased the demand for economics graduates and a degree from Nottingham can give you a head start in your career.

You will acquire a strong academic foundation and a range of excellent economist-specific and transferable skills, such as the ability to study independently and communicate effectively, verbally and in writing. You will also have the capacity to grasp complicated economic concepts, whether they are mathematical or philosophical in nature.

Our graduates opt for a wide variety of careers, including investment banking, accountancy, tax consultancy, working in government offices, auditing, derivatives trading, management consultancy, mergers and acquisitions, and many more.

Average starting salary and career progression

94.5% of undergraduates from the School of Economics had secured work or further study within six months of graduation. The average starting salary was £28,000 with the highest being £60,000.*

The School of Economics ranked 2nd in the UK for boosting graduate salaries, with graduates earning an average of £8,810 more than expected five years after graduation.**

* Known destinations of full-time home undergraduates who were available for work 2016/17. Salaries are calculated based on the median of those in full-time paid employment within the UK.
** The Economist British university rankings, 2017.

Careers support and advice

Studying for a degree at the University of Nottingham will provide you with the type of skills and experiences that will prove invaluable in any career, whichever direction you decide to take.

Throughout your time with us, our Careers and Employability Service can work with you to improve your employability skills even further; assisting with job or course applications, searching for appropriate work experience placements and hosting events to bring you closer to a wide range of prospective employers.

Have a look at our careers page for an overview of all the employability support and opportunities that we provide to current students

This school offers programs in:
  • English


Last updated January 17, 2019
Duration & Price
This course is Campus based
Start Date
Start date
Sept. 2019
Duration
Duration
Full time
Price
Price
9,250 GBP
HEU fees: £9,250, International fees: £17,550
Information
Deadline
Locations
United Kingdom - Nottingham, England
Start date : Sept. 2019
Application deadline Request Info
End date Request Info
Dates
Sept. 2019
United Kingdom - Nottingham, England
Application deadline Request Info
End date Request Info