Learn how the principles of economic theory, applied economics and statistical techniques are applied by individuals, businesses and governments and how these decisions affect society.
3 years full-time
Have you ever wondered why some musicians earn so much money? Or the costs and benefits of a country hosting the Olympics? If you have a natural curiosity about the way the world works and you enjoy maths and problem-solving, BA (Hons) Economics might be the course for you.
Economics is at the heart of decision-making across every aspect of society. From individuals and businesses to public bodies and multinational organisations, economists examine available resources and work out how they can be used efficiently and effectively.
BA (Hons) Economics has been developed to meet the needs of the business world and equip you with the skills to succeed in a range of industries. As well as preparing you for a career in the financial services sector, the critical and analytical skills developed during the degree provide a springboard into the worlds of journalism, policy, education and international development.
Central to the course is the real-world application of economics. The curriculum includes lectures from expert speakers and projects where you will have a chance to investigate a range of contemporary economics issues. Learning from industry experts you’ll develop a solid grounding in economic analysis, applied economics and statistical techniques.
Year 1 provides a foundation in domestic and international economics. In subsequent years you will further develop your understanding of core areas such as macroeconomics, microeconomics and data analysis.
The flexible structure coupled with the wide range of optional modules across all years allows you to tailor your studies as your interests evolve. You have the option to complete the course in three years, add a placement year or spend a year abroad. It may also be possible to spend the third term of your second year at the University of Pisa.
The degree culminates in a final-year dissertation on an area of economics of your choice. The dissertation draws on skills developed throughout the course and is worth one-third of your final-year marks.
Principles of Economics provides a sound foundation for modules in micro- and macroeconomics. You will cover areas including methodology of economics, supply and demand, consumer spending choices, competition and growth theories.
Economic Methods familiarises you with the use of mathematical and statistical tools in solving economic problems. You will look at equations, matrix algebra, calculus, statistics, distribution, confidence intervals and hypothesis testing.
The World Economy provides knowledge and understanding of the features of different types of economy, and of world trade and the international financial system. You will learn about international trade theory, economic growth and cover some of the key concepts relating to developments and crises in the world economy using real-world case studies.
Macroeconomics uses real-world examples to analyse the general equilibrium of an economy both in the short term, with a static model, and in the medium to long term, with a dynamic model.
Microeconomics develops your knowledge and understanding of the essential components of microeconomics, with a particular focus on the analytical skills relevant to consumer and production theories, general equilibrium and welfare.
Econometrics equips you with the skills to understand the type of empirical analysis used in economic literature. You will also write a report based on econometric analysis.
The Dissertation is a detailed and critical examination of a relevant area of economics. It develops your ability to plan and manage your own learning and provides you with an opportunity to research a specific topic and present your findings and conclusions.
Students on the BA Economics can apply to be transferred onto either the ‘with Year Abroad’ or ‘with Placement’ pathway during the second year. Places on these pathways are in high demand and if you are chosen your studies will extend from three years to four.
Lectures and small-group seminars are complemented by specialist workshops. Using up-to-date resources, the workshops provide hands-on experience of the kind of work professional economists perform.
You’ll also benefit from one-to-one support and self-directed learning to develop your critical thinking skills. In addition, the Department hosts research-focused seminars where you can further develop your knowledge and start building industry networks.
We place great emphasis on high-quality small-group teaching. The small-group teaching format and one-on-one attention from the personal academic advisor are embedded into the learning experience to help you get more out of your studies.
As you move into the final year the focus on self-directed learning and independent research increases, particularly around the dissertation, as you begin to prepare for professional or postgraduate life. Teaching staff offer drop-in surgeries where a member of the team is available to provide support.
Modules are assessed via a combination of examinations, written assignments and reports, investigative projects and presentations.
The range of assessment methods is designed to assess your knowledge and understanding of the material, test your critical thinking skills, enhance your written and oral communication skills, and assess your ability to relate your learning to real-world issues.
The 12,000-word dissertation makes up one-third of your final-year marks.
A level offer – A*AA including Mathematics.
BTEC Level 3 NationalExtended Diploma/OCR Cambridge Technical Extended Diploma – D*DD and Mathematics A level at grade A (or equivalent) is required.
IB Diploma score – 38 with 666 in higher level subjects, including Mathematics.
In addition to satisfying the University’s general entry requirements, please note:
Applicants taking Science A levels that include a practical component will be required to take and pass this as a condition of entry. This applies only to applicants sitting A levels with an English examination board.
International students who do not meet direct entry requirements for this degree might have the option to complete an International Foundation Year.
The tuition fees for 2024/25 academic year have not yet been finalised, they will be displayed here once approved.
The tuition fees shown for home students are for one complete academic year of full time study and are set according to the academic year of entry. Fees for subsequent years of your course may rise in line with an inflationary uplift as determined by the government.
The tuition fees shown for overseas and EU students are for one complete academic year of full time study, are set according to the academic year of entry, and remain the same throughout the duration of the programme for that cohort (unless otherwise stated).
Please also check costs for colleges and accommodation.
We are committed to supporting the best students irrespective of financial circumstances and are delighted to offer a range of funding opportunities.Find Out More
Our students graduate with subject-specific knowledge such as economic theory and data analysis, as well as the commercial awareness, IT and problem-solving skills that are highly valued by employers across the world. This combination of academic knowledge and transferable skills will open up a range of career possibilities in the economics and finance sector and beyond.
Our focus on employability stretches beyond the classroom. You will benefit from events that will give you a competitive edge in the job market. From employer talks and interview advice to business-tailored careers fairs, we work with you to achieve your goals.
Previous Economics graduates have gone on to work for global innovators and leaders in their sector including Ernst and Young, Deloitte, Lloyds Banking Group, PwC, JP Morgan and for government departments such as the National Audit Office, HMRC and the Foreign Commonwealth and Development Office.
(Source: HESA Graduate Outcomes Survey. The survey asks leavers from higher education what they are doing 15 months after graduation. Further information about the Graduate Outcomes survey can be found here www.graduateoutcomes.ac.uk)
We are part of Durham University’s Business School, one of the UK's longest established business schools. We offer an inspiring and stimulating learning environment, and consistently rank highly for the quality of our teaching, research and for graduate career prospects.
The rigorous curriculum combined with exceptional teaching prepare you to navigate the economic challenges faced by the modern world.
You will learn from leading academics across a range of economic disciplines. Many of the academic team are active practitioners and researchers who will share their skills and knowledge directly, delivering their insights to the classroom and bringing you closer to the realities of the business world. You will also benefit from lectures by guest speakers who give new perspectives on relevant topics, while case studies give you the opportunity to explore a range of contemporary economics issues. There are further opportunities for hands-on work placements and international study.
You will gain an understanding of the principles of Economics, including supply and demand, competition and growth theories while developing the skills to effectively analyse and interpret data. All our degrees can be tailored to your interests through a wide range of option modules, including the chance to study a language.
Economics degrees at Durham prepare students to become the innovative business thinkers of the future and our qualifications are highly successful in creating job opportunities.
For more information see our Business School website.
You’ll be taught across the university campus by world leading academics from the Business School. You’ll have access to the Business Schools modern, spacious meeting rooms and study areas. The university campus is within walking distance of the historic centre of Durham, a city with UNESCO World Heritage Status. Resources include up-to-date financial information and online databases. In addition, you’ll have access to Durham University’s prestigious libraries and archives.
The best way to find out what Durham is really like is to come and see for yourself!