EconomicsBSc Honours

UCAS code L1003 Years

www.ncl.ac.uk/ug/L100Printed from the web page above on 03/01/2020

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EconomicsBSc HonoursUCAS code L1003 Years

This degree equips you with an understandingof economic issues in modern society, and ofthe global and national settings in whicheconomic activities take place.

You study economic theory and policy relating to Britain,Europe and the rest of the world, with topics like:

• the global economy• micro- and macro-economic analysis• economic modelling

You focus on the fundamental concepts, analytical tools andquantitative techniques that are essential to understandmodern economics. You will also be able to identifyproblems, predict outcomes and evaluate policies.

This degree has real-world relevance and we ensure youdevelop the quantitative skills valued by employers,enhancing your employability.

This degree is also available with a placement year or with astudy abroad year.

Highlights of this degreeQuality and ranking• top 200 – Business and Economics category – Times

Higher Education World University Rankings by Subject2018

Work placement (optional)Gain valuable industry experience with a 12-month workplacement in a UK or overseas business betweenStages 2 and 3 of your degree.

Our current placement students are in roles such as:

• consulting intern• associate• management trainee• customer analyst• research assistant 

They are working on the following projects: 

• assisting with bespoke economic consultancy projects atOxford Economics

• providing internal and external audit services to a varietyof clients at PwC

• aiding innovation through research and application ofsolutions for clients at Deloitte 

Alternatively, you might opt to gain work experience throughsummer internships.

You'll receive support from the Business School's dedicatedPlacement Officer and the University's Careers Service tohelp you find a placement that matches your skills andinterests.

Find out more about how we enhance your employability onthe Business School website. 

Study abroad (optional)You can study abroad between Stages 2 and 3 throughthe ERASMUS+ scheme. This extends your degree to fouryears. 

You'll spend the year studying at one of our partneruniversities in Europe, and we also have partners outside ofEurope.   

Alternatively, if you are eligible, you may spend Stage 2studying economics at the University of Groningen in theNetherlands for a year. 

This is a fully integrated study abroad experience, taught inEnglish, which counts directly towards your final degreemark. Places are available on a competitive basis, andfollowing consultation with your Programme Director. 

Facilities and support

FacilitiesThis degree is run by Newcastle University Business School,based in our state-of-the-art building, on the ScienceCentral area of campus, within Newcastle's emergingbusiness district. Our Business School's facilities include:

• 120 PCs across three hi-tech computer clusters• Wi-Fi connectivity throughout the building• social spaces for learning and relaxation• bookable meeting rooms

Take a virtual tour of our building.

Careers supportYou'll have access to a wealth of resources and support toenhance your employability, including:

• specialist careers and business start-up support from theUniversity's award-winning Careers Service

• career management sessions with a Careers Adviser• an Annual Career Development Week, to help you

improve your employability skills and meet potentialemployers

• work experience opportunities while studying with us• Business School summer internship scheme

We're also one of 140 business schools worldwide to beaccredited by the EQUIS scheme for our managerial andentrepreneurial skills development.

SupportYou will have an academic member of staff as a personaltutor throughout your degree. They can help with academicand personal issues.

Peer mentors will help you in your first year. They are fellowstudents who can help you settle in and answer anyquestions you have.

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Course Details

Stage 1

Compulsory modulesECO1002  Economic AnalysisECO1007  Statistical Methods for EconomicsECO1010  Mathematics for EconomicsECO1018  Economic ApplicationsECO1019  Economic HistoryOptional modulesYou choose one module from the following list:ACC1003  Introduction to Accounting and Finance (forBusiness School Students)BUS1001  Introduction to Management and OrganisationMKT1002  Introduction to MarketingPLEASE NOTE: If you are required to take the UniversityEnglish Language assessment, or equivalent, and achievebelow 70 you must take INU9094 Writing for BusinessSchool Undergraduates and/or INU9052 Listening andSpeaking Practice Sessions (Part 1) and INU9072Listening and Speaking Practice Sessions (Part 2) on aNOT FOR CREDIT basis (in addition to the 120 creditslisted above).

Stage 2

Compulsory modulesECO2003  Economic ModellingECO2004  Microeconomic AnalysisECO2005  Macroeconomic AnalysisECO2009  Econometric AnalysisECO2015  Applied EconomicsOptional modulesYou choose 30 credits from the following modules:ECO2008  International EconomicsECO2011  Economics of RegulationECO2013  Economic Evaluation and InvestmentECO2014  European EconomicsECO2017  Mathematical EconomicsOther optional modules may also be available from thewider University.Work Placement (L101)/Study Abroad (L102)Between Stages two and three, you have the option tospend a full academic year on a work placement with anapproved organisation or on a study abroad year.You complete the following modules:ECO3011  Intercalating Year Personal Learning RecordECO3015  Intercalating Year Reflective Learning Account

Stage 2

Alternatively you may apply to spend Stage 2 studyingeconomics at the University of Groningen in theNetherlands for a year which counts directly towards yourfinal degree mark. If you do this you must pass thefollowing module in order to progress to Stage 3:ECO2016  Groningen Economics Exchange 

Stage 3

Compulsory modulesECO3001  Advanced MicroeconomicsECO3002  Advanced MacroeconomicsOptional modulesEither:You choose 40 credits from the following list:ECO3019  Dissertation Part 1ECO3030  Dissertation Part 2 - Independent ResearchProjectECO3008  Advanced Econometric Analysis ORECO3017  Advanced Time Series EconometricsPlus 40 credits from the list below.Or 80 credits from the following list:ECO3004  Labour EconomicsECO3005  Behavioural Economics and ExperimentalMethodsECO3006  Economics of BankingECO3008  Advanced Econometric AnalysisECO3010  Monetary EconomicsECO3014  Public EconomicsECO3017  Advanced Time Series EconometricsECO3018  Financial EconomicsECO3021  Economics of Risk and UncertaintyECO3022  Health EconomicsECO3026  Industrial Economics and PolicyECO3032  Game TheoryECO3033  Development Economics

Teaching and assessment

Teaching methodsModules are taught via lectures and seminars.

Assessment methodsAssessment is mainly through unseen examinations at theend of each semester (January and June). A proportion ofyour marks will also be based on in-course assessment ofessays and projects.

Find out moreVisit our Teaching and Learning pages to read about theoutstanding learning experience available to all students atNewcastle University

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Careers

Economics careersEconomics graduates are highly employable. Apart from thespecific understanding of the subject, employers value theskills of numeracy and analysis, the ability to communicateand the capacity to grasp broad issues which our graduatesacquire. Graduate destinations vary widely in terms of therange of roles and employers, including regional, nationaland international organisations, across many sectors.

Whilst only a few economics graduates may be expected tobecome professional economists, many find it an excellentbase for entry into a rewarding career in finance – includingaccounting, insurance, tax and banking, or management.

In recent years our graduates have been successful inobtaining employment in a variety of major national andinternational firms in the financial and commercial sectors,and in manufacturing, retailing and IT, as well as in the CivilService and the public sector – for example, in the healthand education sectors. Some graduates go on to undertakepostgraduate studies, either in economics, research,teacher training or further qualifications in specialist areas.

Find out more about the career options for Economics fromProspects: The UK's Official Careers Website.

What our graduates go on to do:employment and further studychoicesSee what our recent graduates went on to do and viewgraduate destinations statistics. These statistics are basedon what graduates were doing on a specific date,approximately six months after graduation. Take a look atthe most recent data available for our graduates.

The destination data is available in varying levels, beginningwith the University and moving through Faculty and Schooldown to individual course reports. This final level may giveyou some useful ideas about possible options after yourcourse or a course you are considering.

Careers and employability atNewcastleNewcastle University consistently has one of the bestrecords for graduate employment in the UK.

96% of our 2017 UK-domiciled UG/PG graduatesprogressed to employment or further study within sixmonths of graduating.

85.5% of our graduates are in graduate level employment orfurther study within six months of graduating.

We provide an extensive range of opportunities to allstudents through an initiative called ncl+. This enables youto develop personal, employability and enterprise skills andto give you the edge in the employment market after yougraduate.

Our award-winning Careers Service is one of the largest andbest in the country, and we have strong links withemployers.

Fees & Funding

Tuition Fees (UK students)

2020 entry:£9,250For programmes where you can spend a year on a workplacement or studying abroad, you will receive asignificant fee reduction for that year.Some of our degrees involve additional costs which arenot covered by your tuition fees.Please note:The maximum fee that we are permitted to charge for UKstudents is set by the UK government.As a general principle, you should expect the tuition fee toincrease in each subsequent academic year of yourcourse, subject to government regulations on feeincreases and in line with inflation.See more information on all aspects of studentfinance relating to Newcastle University.

Tuition Fees (EU students)

2020 entry:£9,250 You will pay the same tuition fees as UK studentsfor the duration of your course.For programmes where you can spend a year on a workplacement or studying abroad, you will receive asignificant fee reduction for that year.Some of our degrees involve additional costs which arenot covered by your tuition fees.Please note:As a general principle, you should expect the tuition fee toincrease in each subsequent academic year of yourcourse, subject to government regulations on feeincreases and in line with inflation.See more information on all aspects of studentfinance relating to Newcastle University.

Tuition Fees (International students)

2020 entry*:£18,000*Please note:

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Tuition Fees (International students)

You will be charged tuition fees for each year of yourdegree programme (unless you are on a shorter exchangeprogramme).The tuition fee amount you will pay may increaseslightly year on year as a result of inflation.If you spend a year on placement or studying abroad aspart of your degree you may pay a reduced fee for thatyear.See more information on all aspects of studentfinance relating to Newcastle University.

Scholarships and Financial Support (UKstudents)

You may be eligible for one of a range of NewcastleUniversity Scholarships in addition to government financialsupport.Newcastle University ScholarshipsGovernment financial support

Scholarships and Financial Support (EUstudents)

You may be eligible for one of a range of NewcastleUniversity Scholarships in addition to government financialsupport.Newcastle University ScholarshipsGovernment financial support

Scholarships and Financial Support(International students)

We offer a range of scholarships to eligible internationalstudents:Vice-Chancellor's International ScholarshipsVice-Chancellor’s Excellence ScholarshipsVice-Chancellor’s Global ScholarshipsWe also offer International Family Discounts which areavailable for all international students with a close familymember who has graduated from or is now studying atNewcastle University.Newcastle University offers Sanctuary Scholarships foreligible undergraduate students (excludes MBBS andBDS students) from asylum-seeker and refugeebackgrounds. Some of our subject scholarships and sportsscholarships are also available for international students.

Apply

Applying to Newcastle Universitythrough UCASTo apply for undergraduate study at Newcastle you mustuse the online application system managed by theUniversities and Colleges Admissions Service (UCAS).

UCAS codes for Newcastle University

• institution name - NEWC• institution code - N21

UCAS buzzwordAsk your teacher or adviser from your school or college forthe UCAS buzzword. You need the buzzword when youregister on the Apply system. This makes it clear whichschool or college you are applying from.

All UK schools and colleges and a small number of EU andinternational establishments are registered with UCAS.

If you are applying independently, or are applying from aschool or college which is not registered to manageapplications, you will still use the Apply system. You will notneed a buzzword.

Making your applicationOn the UCAS website you can also find out more about:

• application deadlines and other important dates• offers and tracking your application

Application decisions and enquiriesFind out more about our admissions process and who tocontact if you need help with your application.

Students using a group study space in our RobinsonLibrary.