Economics BSc (Hons)

Course overview

  • Course level
    Undergraduate
  • Course type
    Full-time
  • Duration
    4 year with integrated placement year / 3 year course without integrated placement year option only available for international students
  • Course options
    Placement year (UK/abroad)
  • UCAS code(s)
    L100
  • School

Entry requirements

  • A-levels (2020 entry)
    BBB- BCC (depending on EPQ, Core Maths or Contextual offer)*
  • BTEC extended diploma
    DDD to DDM (contextual offer)*
  • International Baccalaureate Diploma
    31 Points overall and above with 5,5,5 at Higher Level (Minimum score of 5 in SL Maths.)
  • Further requirements
    GCSE: 5 GCSEs at C or above, including Maths Grade B/5 and above and English Language OR English Literature Grade C/4
More information
Apply via UCAS

Key dates

  • Start date
    September

Gain experience for your CV with the integrated placement year

Five years after graduating, employed Aston business graduates earn an average of £35,900 (Longitudinal Education Outcomes (LEO), 2018)

Graduate Prospects for Economics at Aston is ranked 5th in the UK (Times/Sunday Times Good University Guide, 2019)

Economics at Aston is ranked Top 20 in the UK (Guardian University Guide, 2020)

Course summary

This course provides education and training in economic concepts and theories, and detailed knowledge of quantitative methods for data analysis. These are then applied to the study of business and policy decisions in a diverse range of international settings.

This course offers a double degree option. Achieve two degrees for the price of one, and study abroad at one of our partner institutions.

Entry requirements and fees

4 year with integrated placement year / 3 year course without integrated placement year option only available for non-EU students

Typical offers:
A Levels: 
BBB – standard offer
BBC (with EPQ or Core maths minimum grade B)
BCC (Contextual offer)         
IB: 31 points overall in the IB diploma with 5,5,5 at HL. Minimum score of 5 in Maths at Standard level.
BTEC, Access & other:
BTEC Extended Diploma DDD – standard offer.
BTEC Extended Diploma DDM – Contextual offer.
Access to HE students are eligible to apply for this course.

Further requirements:
5 GCSE grades A*- C to include:
GCSE Maths – grade B/5
GCSE English Language OR English Literature – grade C/4
Please note that General Studies does not contribute towards the UCAS points requirement but is welcomed as an additional qualification.

Whilst the grades listed here are our entry requirements, we understand that predicted grades are only an estimate. We will therefore consider applicants with predicted grades that fall below these entry requirements if the application is of a high standard (however, initial offers will not be lower than stated above).

Tuition fees: £9,250 (£1,250 during placement year) for UK/EU students. £15,600* (£2,500 during placement year) for International students (2020/21). More on fees

*Tuition fees are reviewed annually and may increase in subsequent years in line with inflation linked to the Retail Price Index (RPI) to take account of the University’s increased costs of delivering the Programme. When undertaking a placement year a placement year fee applies.

The information contained on this website details the typical entry requirements for this course for the most commonly offered qualifications. Applicants with alternative qualifications may wish to enquire with the relevant admissions teams prior to application whether or not their qualifications are deemed acceptable. For less commonly encountered qualifications this will be judged on a case-by-case basis in consultation with the academic admissions tutor.

For details on our Aston Ready contextual offer scheme, please see here.

International students:

Applicants whose first language is not English will be required to provide evidence of an English language qualification. Find out more about our English language requirements.For more information about qualifications view our Aston in your country webpage.

Course outline

Our four-year BSc Economics course, with an integrated placement year, provides you with the experience and knowledge you will need to excel in the job market. 

The First Year studied on all Aston Business School undergraduate degree programmes is designed to give students a broad knowledge of business and management. Many employers seek graduates with good 'all round' knowledge of a range of business functions. The broad range of subjects studied ensures that our graduates are some of the most employable in the country, whilst also allowing a transfer between certain programmes.

The course will not only equip you with valuable technical skills, but also develop your ability to apply the concepts, theories and quantitative methods to business and policy decisions in a diverse range of international settings.

Subject guide and modules

The First Year of BSc Economics is designed to give you flexibility in choosing your further course of study. If you find yourself less interested in mathematical modelling and statistics, you can switch to our BSc Economics and Management course, which provides training in both Economics and Management and has less technical content.

Year 1

You will study key principles of Economics and learn to apply them to a wide variety of real-life problems. You will start learning appropriate mathematical and statistical techniques, and gain a foundation in business by studying several modules outside Economics.

The core modules are:

  • Principles of Macroeconomics
  • Principles of Microeconomics
  • Political Economy and Industrial Policy
  • Mathematics for Economics
  • Statistics for Economics
  • Applied Topics in Economics
  • Introductory Accounting for Business
  • Marketing Management

Year 2

You will develop a good understanding of economic theories and business strategies. In addition, you will learn to perform data analysis using quantitative methods and computing techniques. The modules will lay a solid foundation towards your final year studies.

The core modules are as follows:

  • Intermediate Macroeconomics
  • Intermediate Microeconomics
  • Markets, Games and Strategy
  • Econometrics 1
  • Econometrics 2
  • International Business Economics

Students must choose one module from the following options:

  • Strategic Finance
  • Corporate Financial Management

Optional modules are as follows:

  • Sports Economics and Finance
  • Business, Government & Society
  • International Business and Emerging Market Economies
  • Business Game

Year 3

This is when you will undertake a professional placement or choose an international study opportunity at one of our partner institutions. This year is compulsory for all UK and EU students.

Year 4

The final year continues with deepening your knowledge of economic theories and advanced quantitative techniques, with a strong emphasis on their application in a diverse range of international settings. Subject areas include International Trade, Behavioural Economics, Environmental Economics and Economics of Entrepreneurship.

The core modules are as follows:

  • Further Topics in Microeconomics
  • Further Topics in Macroeconomics
  • Competition Policy

Choose at least one of:

  • Microeconometrics
  • Macroeconometrics

Optional modules are as follows:

  • Behavioural Economics
  • Environmental Economics
  • International Trade
  • Regional and Urban Economics
  • Economics of Entrepreneurship
  • Derivatives
Learning teaching and assessment

Assessment

Assessment is provided by a mixture of coursework and examinations.

Teaching

Our Economics teaching team includes the authors of one of the best-selling Economics textbooks and winners of national teaching awards.

As a student at Aston, you will experience our innovative approach to teaching, which combines traditional methods with alternative approaches such as in-class games, case studies and computer simulation exercises.

Course director
Dr Maria Kozlovskaya

Maria joined Aston Business School in October 2017. She had previously taught at the Universities of Birmingham and Huddersfield, and served as a senior economist at a bank. In her research Maria builds game-theoretic models of industrial espionage and designs economic institutions which take social and psychological considerations into account. She served as an expert on Behavioural Economics at "More or Less" - a BBC Radio 4 programme.

Personal development

Our business degrees are designed to also give you a range of business skills needed to succeed within your chosen career. We make extensive use of group working and presentations to prepare you for the reality of working life. Such work develops your team working and negotiating skills.

The Aston placement year gives you genuine practical work experience that is invaluable in developing an appreciation of issues such as office politics which cannot be replicated in the lecture room. 

Professional accreditations and exemptions

This programme may also lead to accreditation or exemptions from the following professional bodies based upon modules taken:

  • Association of Certified Accountants (ACCA)
  • Association of International Accountants (AIA)
Placement year

Our four year course with an integrated placement during the third year gives you the chance to put theory into practice, gain relevant work experience, and develop professional and transferable skills.  

We have a dedicated Employer Team within our Careers and Placements department who have links with local, national and international organisations and advertise vacancies to students through an online platform exclusively for Aston students and graduates.  

The opportunity to undertake a study placement with one of our international partner institutions is also available if you would prefer.

Find out more about the Aston placement year, and view the careers and placements page.

Erasmus+

Study or work in another country

The University has secured Erasmus+ mobility funding for students going on placement during the academic year 2019/20.  For students planning their placement in the academic year 2020/21, Erasmus+ mobility funding will be dependent on the Exit date and whether a Withdrawal deal is agreed. The University’s Brexit information page is regularly being updated and will have the latest information.  

Career prospects

Economics graduates are employed in a variety of settings including banks, consultancies, insurance and accountancy firms, charitable and not-for-profit organisations and government departments.

The largest employer of economists in the UK is the Government Economic Service (GES). Our Economics teaching staff include two GES assessors, which gives you a unique opportunity to learn from people making hiring decisions for one of the most prestigious professional bodies.

Our recent graduates from Economics subject line degrees have been successful in securing roles such as Trade Capture Analyst, Technology Consulting Graduate Scheme, Graduate Tax Scheme and Transfer Pricing Analyst at well-known organisations such as Barclays Investment Bank, KPMG, HMRC and Ernst & Young.

What's it like to study at Aston?

The main reason I chose to study at Aston University is due to its good links to industry. I’ve always wanted to become a successful businessman and I thought Aston was one of the best places to help me develop. My placement year helped me a lot. I picked up a lot of general knowledge and specific knowledge related to the financial services industry.

Gurkaran Randhawa

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