Economics with a Placement Year BSc (Econ)
Bachelor's degree
In London
Description
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Type
Bachelor's degree
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Location
London
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Duration
4 Years
In each year of your degree you will take a number of individual modules, normally valued at 15 or 30 credits, adding up to a total of 120 credits for the year. Modules are assessed in the academic year in which they are taken. The balance of compulsory and optional modules varies from programme to programme and year to year. A 30-credit module is considered equivalent to 15 credits in the European Credit Transfer System (ECTS). The department's fundamental premise is that students should learn how to do economics themselves, rather than just learn how the academic staff or other economists do it. In the first year you take compulsory modules on the core concepts of economics, applied economics, mathematics and statistics, and have the opportunity to take optional modules.
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Start date
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About this course
You will develop core economics skills and be able to apply these first-hand during the placement year. You will learn in one of Europe's leading centres for research in economics. Our research informs policy advice to international governments and agencies, such as the United Nations and the World Bank. We are recognised for our internationally distinguished research, and in the most recent Research Excellence Framework (REF2014), UCL received the highest percentage in the UK for research in Economics and Econometrics, 99% rated either 4* (world-leading) or 3* (internationally excellent). You will benefit from our prestigious annual Gorman Lectures series presented by eminent economists, and from the activities of two economics-related student societies - the Economics and Finance Society and the Economist's Society which publishes The Drayton Tribune magazine.
Many useful skills can be gained through the study of economics, for example: finding solutions to real-world problems, mathematical skills and an enhanced understanding of contemporary political and economic events. The placement year provides the opportunity to apply core economics skills in a professional context and develop key work-place proficiencies, including the ability to communicate ideas effectively to others and work successfully in a team. About one-third of our graduates move directly into graduate study, including MScs in Economics, MBA programmes and conversion courses in computing and law. Students have also proceeded to doctoral programmes including those in major US economics departments such as at Columbia, Yale and Chicago.
Graduates entering employment predominantly move into management, banking and finance and the civil service.
English Language and Mathematics at grade C or 5. For UK-based students, a grade C or 5 or equivalent in a foreign language (other than Ancient Greek, Biblical Hebrew or Latin) is required.
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Subjects
- Mathematics
- Economics
- GCSE Mathematics
- Applied Economics
- Mathematics for Economics
- Macroeconomic
- Microeconomics
- Econometrics
- Quantitative economics
- Economics of Finance
- Education
- Science
Course programme
Core or compulsory module(s)
- Applied Economics
- Economics
- Mathematics for Economics
- Statistical Methods in Economics
You will select a total of 1.0 credit from a wide range of options.
Year 2
- Macroeconomic Theory and Policy
- Microeconomics
- Quantitative Economics and Econometrics
Not-for-credit compulsory modules
- Economics Skills Lab
- Preparation for Placement
You will select 1.0 credit from a wide range of options. Options may include:
- Economics of Development
- Economics of Education
- Economics of Finance
- Economics of Labour
- Economics of Regulation
- Economics of Science
- Economics of Tax Policy
- Economics of the Public Sector
- Environmental Economics
Year on placement at an approved organisation for 36 weeks or more. A placement cannot be guaranteed.
Year 4
Core or compulsory module(s)
You will select a total of at least 2.0 credits from the list of third-year economics modules which must include:
- Economics UG Thesis
Not-for-credit compulsory module
- Advanced Economics Skills Lab
You will select 2.0 credits from a wide range of options, of which 1.0 credit must be taken from the list of second and third-year economics modules. Third-year economics modules may include:
- Behavioural Economics
- Econometrics for Macroeconomics and Finance
- Economics of Financial Markets
- Economics of Information
- Economics of Money and Banking
- Economic Policy Analysis
- Ethics in Applied Economics
- Experimental Economics
- Game Theory
- Topics in Industrial Economics
- International Trade
- Issues in Economic Development
- Microeconometrics
The cornerstone of each module is a lecture series. Through demonstration classes and small-group work you will learn how to put economic models together, how to undertake quantitative analysis, and, potentially, formulate your own model to address a new problem. In the later parts of the programme, there is an increased emphasis on collaborative work and group presentations.
AssessmentYour progress is monitored throughout the year on a module-by-module basis, which will provide feedback aimed at improving your understanding and technique. You will be assessed by year-end written examinations and other forms of term-time assessment including, for example, multiple-choice quizzes, in-course essays and research project work.
Additional information
£20,340 (2018/19)
Economics with a Placement Year BSc (Econ)