Social Sciences: Economics

L100 BSc Economics (3 yrs)

We take economic decisions every day of our lives, and in turn are affected by the decisions of other people and institutions. Economics is the study of these decisions and actions. Studying the way economic processes work helps us to understand the society in which we live.

This single honours degree programme provides you with the opportunity to study economics in the greatest depth whilst also providing a considerable amount of choice regarding both the areas of economics and other subjects that you may wish to study.

Programme Overview

The programme offers you the opportunity to study Economics in depth. In so doing, it equips you with the knowledge and understanding of economic theory and its application necessary to undertake graduate study in the subject and to pursue a future career as an economist.

The programme aims:

  • to equip you with a knowledge and understanding of the core areas of economics, i.e. microeconomics, macroeconomics and quantitative methods;
  • to enable you to apply economic analysis to a range of policy problems;
  • to equip you with knowledge and understanding of the workings of the economy;
  • to equip you with appropriate conceptual and analytic tools, and to provide opportunities for the development and application of these tools;
  • to develop critical and evaluative thinking in the context of economics;
  • to enable you to develop, through the study of economics, a range of skills and abilities that will contribute to your effectiveness in employment;
  • to support you in becoming an independent learner, and in planning your studies and subsequent career.

To Apply

All applications for full-time study should be made through UCAS - www.ucas.com Applications for part-time study can be made through UCAS or directly to the University.

Programme Structure

You can choose between a number of 'pathways' through the degree, to reflect your background and interests.

Module choices in year one are dependent on whether you have studied economics at A level. Eight modules are studied each year, with four in each semester. During year three you will study a dissertation, equivalent to two modules, which is a piece of independent research on a topic of your choice spread over both semesters.

You may also combine single Honours Economics with a minor subject. You apply for the BSc. Economics programme and only have to decide if you want to do a minor once you arrive. You can drop the minor subject at any time. The minor consists of five modules from a particular structured pathway. Usually the minor begins in the second semester of first year. The degree title becomes BSc. Economics with (insert name of minor).

Minors will be offered in:
American Studies, Anthropology, Archaeology, Creative Writing, Criminology, Demography, Education, English Literature, Film Studies, Geography, History, International Relations, Jewish History and Culture, Linguistics, Modern Languages, Music, Politics, Philosophy, Psychology, Sociology and Sustainability.

New for 2014/15
Latin American Studies, German Cultural Studies, and The Ancient World. There may also be a minor in Ecology and Evolution, but this has yet to be confirmed.

For example, a student could graduate with BSc. Economics with History. Likewise, students from other disciplines may take a minor in Applied Economics. Please note: the choice of minor subject is subject to timetabling constraints.

Key facts

  • In the 2013 National Student Survey 89% of our BSc Economics students were satisfied with the learning resources.

  • Studying Economics at the University of Southampton means joining one of Europe's top Economics departments, with a high profile in both teaching and research.

  • UK and EU students have the opportunity to study abroad for a semester. They can study in Norway and the Netherlands as part of the ERASMUS scheme. We have exchange programmes with universities outside Europe including Brazil, Hong Kong, the USA, Canada and now Australia.

Economics facilities including Bloomberg suite

  • University of Southampton facilities for economics students
 

Entry requirements

Typical entry requirements

GCSEs:

GCSE English grade C or above (or equivalent English language qualification)

A Levels:

3 A level subjects: AAB (including A level Mathematics) or ABB (including A level Mathematics) with grade A in the Extended Project Qualification.
4 A level subjects: ABBB (including A level Mathematics at grade B or above) or BBBB (including A level Mathematics at grade B or above) with grade A in the Extended Project Qualification.

Although an Economics A level is not required, preference will be given to applicants taking at least one analytical A level subject; that is, either Economics or Mathematics or a science-based subject

Most A level subjects are acceptable with the exception of General Studies. One subject such as those on the following list is accepted if combined with other academic subjects:

  • Art, including Design, Fine Art, Photography, Textiles, etc
  • Critical Thinking
  • Home Economics
  • ICT
  • Leisure Studies
  • Media Studies
  • Music, including Music Technology
  • Sports Studies including all forms of PE, Dance, etc
  • Theatre Studies including Drama and Performing Arts
  • Travel and Tourism

There may be a few places available for marginal candidates who have just missed the grades required by their conditional offer. For these students ONLY, the Admissions Tutor will consider any extra A level subject, including General Studies. Therefore, it is worth taking an extra A level as an insurance policy. There is no guarantee that extra spaces will be available.

IB:

34 points, 17 at Higher Level, including 5 in Higher Level Mathematics

Alternative qualifications

We welcome applications from candidates offering qualifications other than A and AS levels (including BTEC, European Baccalaureate, International Baccalaureate, Irish Leaving Certificate and Scottish Highers). You will be expected to attain an equivalent standard to an A level applicant. Contact us for further information on equivalencies for these qualifications and others not listed here.

Please note that we cannot accept applicants from Greece on the basis of the Apolyterion alone; it must be supplemented by two A levels or an equivalent qualification.

International applications

We welcome applications from international students. Helpful information on applying, meeting a University representative in your country, or improving your English language levels can be found on the International Office website. If English is not your first language you will be required to pass an approved English test. We normally ask for a score of IELTS 6.5.

Mature applicants

We welcome applications from mature students: if you will be over 21 at the start of your proposed degree programme, you are eligible for exemption from our normal entry requirements. However, you will be required to provide evidence of having completed recent serious and successful study (e.g. Access, Return to Study, Open University Foundation Courses), and of your capacity to pursue the course. Please note - due to the mathematical content of the courses at Southampton, you will be expected to have studied the appropriate level of mathematics relevant to the course.

Selection process:

We usually make our decisions based on your UCAS form alone. Only candidates who require special consideration, e.g. on grounds of age or non-standard entry qualifications, are interviewed.

All of our degree programmes require modules in mathematics (algebra and calculus) and statistics to be taken in the first year. If you have not studied mathematics for some time, you are strongly advised to prepare for these courses prior to entry.

Visit our International Office website or the NARIC website for further information on qualifications.

Modules

Typical course content

Eight modules are studied each year, with four in each semester.

The programme structure below outlines the modules that you may typically expect to study, although this may vary depending on demand for the modules and staff availability.

Innovation modules outside of your subject area

Our Curriculum Innovation Programme offers you the chance to take optional modules outside of your chosen subject area. This allows you to personalise your education, to develop new skills and knowledge for your future. Modules range from "Living and working on the web" to "Business skills for employability".

View the Curriculum Innovation modules for this course


Learn a language

Some of our courses also give you the option of taking a language module, which can count towards your degree. These modules cover ten languages and range from absolute beginner to near-native speaker level.

View the language modules on offer for this course

Year 1

The aim of the first year is to provide you with a firm foundation in the core subjects of your degree and an opportunity, through the choice of optional units, to broaden your field of study. Module choices in year one are dependent on whether you have studied economics at A level.

Students also take optional modules each year. They can choose options from other departments, from the Curriculum Innovation programme, and from Economics. Students are offered a variety of Social Sciences and Humanities modules: for example in Languages, Psychology, Management, Anthropology, Demography, Politics, Criminology, Philosophy, and Statistics. Curriculum Innovation modules include ‘Experiments in Economics’ and ‘Health Policy and Economics’. Modules in Economics itself include options in Microeconomics, Macroeconomics, Econometrics, Labour Economics, Finance, Public Economics, and Development Economics. Students taking a minor subject will take an optional module in their chosen minor.

Semester One

Students who do not have Economics A-level take Module ECON1001, those who have Economics A-level take Module ECON1003.

Compulsory:

Year 2

Year 2 comprises a mixture of compulsory and optional modules.

Students take two optional modules in semester 2. Students taking a minor will take two modules from their minor subject.

Semester One

Students are to choose to take either ECON2006 or ECON2026.

Compulsory:

Semester Two

If ECON2026 was chosen in semester one, then student must take ECON2032.

If ECON2006 was chosen in semester one, then student must take ECON2007.

Compulsory:

Year 3

Students take five optional modules. Students taking a minor will take two modules from their minor subject.

Semester One

During year three you will study a dissertation (ECON3023), equivalent to two modules, which is a piece of independent research on a topic of your choice spread over both semesters.

Semester Two

The dissertation module, ECON3023, runs over both semesters.

Compulsory:

Learning and assessment

Our degrees are full-time honours programmes of three years duration, with the exception of the M.Econ. programme, which lasts 4 years. All programmes aim to provide knowledge of the key concepts and arguments in the relevant subjects together with the capacity to apply this knowledge in a variety of contexts. In addition, we seek to ensure that all of our students are able to use data and quantitative techniques appropriately and effectively. The overall programme structure is a flexible one, allowing you to discover and pursue your own interests - either by choice of options or, if appropriate, by changing degree course at the end of year one.

Lectures and classes

Teaching takes place during two semesters, the first running from October to February and the second from February through to June. Eight subject units are taken per year - normally four per semester - some of which are compulsory and others optional. Teaching comprises both lectures (two or three per week, depending on the module) and weekly or fortnightly small group classes. In a typical semester you would spend about twelve hours per week attending lectures and classes; in addition, we expect about twenty-eight hours of self-study (preparing for classes, writing essays and so on) bringing the weekly total to forty hours.

Assessment

Modules are examined at the end of the semester in which they are taught, and in some cases a coursework mark will contribute to the overall grade for the unit. Satisfactory performance in the first year is required in order to progress to year two. Final degree classes are based upon marks from the second and third years.

Resources

The resources for teaching and learning at Southampton are excellent. The University's Hartley library, which is located close to the Division, contains a comprehensive collection of books and journals. Computer workstations are available both on the campus and at halls of residence, in many cases offering round-the-clock access. In addition, every student is provided with an e-mail account, and all rooms in halls of residence have a telephone/internet connection.

Key Information Kets

What is KIS?

Key Information Sets (KIS) are sets of information about full or part time undergraduate courses at Southampton and other institutions, designed to be useful for prospective students comparing different courses.

It contains information which prospective students have identified as useful, such as student satisfaction, graduate outcomes, learning and teaching activities, assessment methods, tuition fees and student finance, accommodation and professional accreditation.

It’s also the first time this kind of data has been brought together in this way, providing information to students in a format that is useful to them, in the places they want to find it.

The widget displays up to ten areas of information on a ‘rolling’ basis. This covers:

  • Are staff good at explaining things?
  • Have staff made the subject more interesting?
  • Overall satisfaction
  • Percentage at work or study after six months
  • Professional accreditation
  • Satisfaction with the support and guidance
  • Percentage in professional and managerial roles after six months
  • Accommodation costs
  • Percentage of scheduled learning and teaching activities
  • Percentage of coursework

More information is available on the HEFCE website

 

Career Opportunities

Employability is embedded into modules from the first year onwards and right from the first lecture. We explain the degree skills which are taught throughout the modules and offer a number of optional employability modules.

The skills you will develop are in high demand. Our degrees are a passport to vocational and non-vocational careers alike, with recent graduates employed in a diverse range of professions from banking and insurance to analysis, market research and economics.

Read more about the careers and employability support we offer.