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Degree type

BA

Course length

4 years full-time

Location

Durham City

UCAS code

L105

Ready to Apply?

Typical offers

Typical offers
A Level A*AA
BTEC D*DD
International Baccalaureate 38

Course details

Combine economics with management to develop the technical and analytical skills to thrive in the world of business. On this course you’ll learn how organisations are managed, the strategies used to compete for customers and the importance of economics in achieving an organisation’s objectives. The knowledge and skills you will gain in this course will suit any career in your area of interest, whether that’s in the field of economics, consultancy or management.

Central to the course is the real-world application of both economics and management. The curriculum includes lectures from leaders in their field as well as case studies where you will have a chance to investigate a range of contemporary issues to develop your numerical and problem-solving skills. Studying core modules in economics gives you a solid grounding in macroeconomics, microeconomics and econometrics: an essential toolkit that any professional economist must have. Core modules in management cover topics such as organizational behavior, leadership as well as entrepreneurship. We also offer a wide range of optional modules across all years allowing you to tailor your studies to your interests and career aspirations.

Spending a year abroad in one of our international partner universities will give you the opportunity to experience another culture and develop your language skills. In an increasingly globalised industry, international study will help you stand out to employers.

Course structure

Year 1

Core modules:

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.

Managing Behaviour and Organisations focuses on managing people and organisations in contemporary society. You will learn about some of the concepts that can lead individuals and groups to behave in a particular way and apply these concepts to a range of issues including examples from your own experiences.

Introduction to Leadership introduces basic leadership theories and practices in an organisational context. It examines the roles of personality, power, emotion, gender and culture in the field and addresses some of the practices that might result in leadership failure.

In recent years, optional modules have included:

  • The Economics of Sustainability
  • Introduction to the History of Economic Thought
  • The World Economy
  • Mastering Data and Computation.

Year 2

Core modules:

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 empirical analysis most frequently used in economic literature. You will also write a report based on econometric analysis.

Innovation Management explores the elements involved in managing an organisation's innovation procedure, from the initial idea to successful implementation. You will learn to think critically and strategically about innovation, competition and the impact of innovation on organisations and the wider economy.

Operations Management shares knowledge and understanding of operations management at an advanced level. There are four main elements to the module: the strategic role of operations, the design of products and services, issues in planning and control, and improving operations.

In recent years, optional modules have included:

  • Behavioural and Experimental Economics
  • Intermediate Methods for Economics
  • Microeconomic Applications and Policy
  • Macroeconomic Applications and Policy.

Year 3

Year 3 is spent studying abroad at one of our partner universities. Not only will you gain valuable academic experiences to take forward to your final year and beyond, it’s also an opportunity to expand your cultural horizons, develop language skills and meet new people.

Opportunities are currently available in Australia, Canada, Chile, China/Hong Kong, Columbia, Czech Republic, Denmark, France, Germany, Italy, Japan, the Netherlands, New Zealand, Norway, Poland, Singapore, Spain, South Korea, Sweden and the USA. Funding may be available through scholarships offered by the host institution, the British Council and/or other funding bodies.

Year 4

Core modules:

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.

Corporate Entrepreneurship develops a comprehensive understanding of how mid-to-large sized firms can be designed, organised and managed to establish corporate entrepreneurship. You will examine a range of external and internal issues such as structure, processes, people, competition and culture to determine how they can be managed to add value and generate growth.

In recent years, optional modules have included:

  • Advanced Macroeconomic Theory
  • Advanced Microeconomic Theory
  • Applied Econometrics
  • Developmental Economics
  • Environmental Economics and Policy
  • International Economics
  • Labour Economics
  • Monetary Economics
  • Game Theory and Applications
  • Asia and the Pacific Rim
  • Leadership
  • Corperate Responsibility and Sustainability.

Detailed module information

For the latest detailed information on all of the modules currently offered on this programme, including content and modes of assessment, please visit our Undergraduate Module Handbook (Faculty of Business/Current Undergraduate Handbook/Economics modules). Please note that this information is for the current year and therefore subject to change.

Placement

You may be able to take a work placement. Find out more.

Learning

Lectures are complemented by small-group seminars and specialist workshops. The small group teaching format is embedded into the learning experience to help you get more out of your studies. 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.

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 sessions - both in person and online - where a member of the teaching team is available to provide academic support.

Assessment

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.

Entry requirements

A level offer – A*AA including Mathematics.

BTEC Level 3 National Extended 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:

  • For all Single and Joint Honours degrees involving Economics, including Philosophy, Politics and Economics, we require you to obtain a Grade A at A level Mathematics or its equivalent. For students taking the IB we are happy to accept either Higher Level grade 6 or Standard Level grade 7 in Mathematics.
  • We do not accept Advanced Higher Statistics as a substitute for AH Mathematics. If you are taking both of these subjects at this level then a further Advanced Higher is necessary.
  • If you are studying for the IB Diploma please note that we do not accept Mathematical Studies at standard level instead of standard level Mathematics.
  • We welcome applications from those with other qualifications equivalent to our standard entry requirements and from mature students with non-standard qualifications or who may have had a break in their study. Please contact our Admissions Manager.
  • You are not required to have A level Economics though for anyone taking this subject this will form part of the offer made to you.
  • We do not include General Studies or Critical Thinking as part of our offer.
  • If you do not satisfy our general entry requirements, the Foundation Programme offers multidisciplinary programmes to prepare you for a range of specified degree programmes.
  • We are willing to consider applications for deferred entry from those who have well-structured plans for work or travel, for example. We may, however, need to restrict the number of deferred entry offers we make because we have to be careful not to fill too many of next year’s places in advance. However, if you do apply for a deferred place and are unsuccessful, you are welcome to reapply the following year.

Science A levels

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.

Alternative qualifications

International students who do not meet direct entry requirements for this degree might have the option to complete an International Foundation Year.

English language requirements

Country specific information

Fees and funding

Full Time Fees

Tuition fees
Home students £9,250 per year
EU students £27,600 per year
Island students £9,250 per year
International students £27,600 per year

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.

Scholarships

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

Career opportunities

Business School (School of Economics, Finance and Business)

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.

Of those students who graduated in 2019:

  • 96% are in paid employment or further study 15 months after graduation across all our programmes

Of those in employment:

  • 81% are in high skilled employment
  • With an average salary of £29,000.

(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)

Department information

Business School (School of Economics, Finance and Business)

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.

Rankings

  • 7th for Economics in The Complete University Guide 2024
  • 9th in The Times and Sunday Times Good University Guide 2024

Staff

For a current list of staff, please see the Business School web pages.

Facilities

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.

Apply

Find out more:

Use the UCAS code below when applying:

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L105

The Universities and Colleges Admissions Service (UCAS) handles applications for all undergraduate courses.

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  • Date: 01/09/2023 - 31/08/2024
  • Time: 09:00 - 16:00
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