Social Sciences: Economics

L1NH BSc Economics and Finance (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.

The BSc Economics and Finance (L1NH) combines modules in economics with the analysis of financial markets and institutions.

Programme Overview

This programme combines modules in economics with the analysis of financial markets and institutions.

It is particularly appropriate for anyone looking for a rigorous understanding of the world of finance either with a view to employment in financial institutions or simply wanting to understand more about the world in which we live.

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

The programme is studied over three years full-time. Study is undertaken at three levels, each corresponding to one year of full-time study.

Module choices in year one are dependent on whether you have studied economics at A level. 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. 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.

Key facts

  • 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.

  • For UK and EU students, there is the opportunity to study within another European Economics department, as part of the ERASMUS scheme, as well as Brazil and the USA.

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

Entry requirements

Typical entry requirements

GCSEs:

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

A Levels:

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

 36 points, 18 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 or TOEFL 580.

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, Archaeology, History, Music, Education, Film, Geography, 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.

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 30 credits of optional modules in Second Year. Most modules in Social Sciences are for 15 credits, but there are some modules which are taken across two semesters and are worth 30 credits.

Semester One

Students are to choose either ECON2006 or ECON2026.

Compulsory:

Semester Two

If students took ECON2006 in semester one, they must also take ECON2007.

If students took ECON2026 in semester one, they must also take ECON2032.

Compulsory:

Year 3

During year three you will study a dissertation, which is a piece of independent research on a topic of your choice spread over both semesters.

Students take 30 credits of optional modules in Third Year.

Semester One

Students are to take dissertation module ECON3023.

Compulsory:

Semester Two

The dissertation module, ECON3023, runs over both semesters.

Students are to choose either MANG3009 or MANG3020.

Compulsory:

Please note: This specification provides a concise summary of the main features of the programme and the learning outcomes that a typical student might reasonably be expected to achieve and demonstrate if s/he takes full advantage of the learning opportunities that are provided. More detailed information can be found in the programme handbook (or other appropriate guide).

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.

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.