We have three streams for quantitative economics/econometrics to suit your mathematical background and preferences.
University Park Campus, Nottingham, UK
Qualification | Entry Requirements | Start Date | UCAS code | Duration | Fees |
---|---|---|---|---|---|
BSc Hons | A*AA | September 2025 | L160 | 3 years full-time | £9,250 per year |
Qualification | Entry Requirements | Start Date | UCAS code | Duration | Fees |
---|---|---|---|---|---|
BSc Hons | A*AA | September 2025 | L160 | 3 years full-time | £9,250 per year |
GCSE maths 7 (A) or above OR 6 in standard level or 4 in higher level maths - Higher Level maths preferred
6.5 (no less than 6.0 in each element)
As well as IELTS (listed above), we also accept other English language qualifications. This includes TOEFL iBT, Pearson PTE, GCSE, IB and O level English. Check our English language policies and equivalencies for further details.
For presessional English or one-year foundation courses, you must take IELTS for UKVI to meet visa regulations.
If you need support to meet the required level, you may be able to attend a Presessional English for Academic Purposes (PEAP) course. Our Centre for English Language Education is accredited by the British Council for the teaching of English in the UK.
If you successfully complete your presessional course to the required level, you can then progress to your degree course. This means that you won't need to retake IELTS or equivalent.
Check our country-specific information for guidance on qualifications from your country.
A levels: Preferably mathematics
GCSEs: Maths grade 7 (A) or above, unless taking it at A level; and GCSE English grade 4 (C) or above
General studies, leisure studies, and global perspectives and research
Please note: Applicants whose backgrounds or personal circumstances have impacted their academic performance may receive a reduced offer. Please see our contextual admissions policy for more information.
All candidates are considered on an individual basis and we accept a broad range of qualifications. The entrance requirements apply to 2025 entry.
A levels: A*AA, mathematics preferred and excluding general studies, leisure studies, and global perspectives and research (A*ABB for those taking four full A levels and completing them in the same year)
IB: 36 points overall or 3 x Higher Level certificates at 766, Higher Level mathematics preferred
We welcome applications from students without A level mathematics or IB higher level mathematics. Offers to students without A level mathematics or higher level IB mathematics are delayed until the point we have received all applications to our programmes. Historically, it is more common that students without A level or higher level IB mathematics (who are predicted to make our entry tariff) have received an offer, though this should not be taken as a guarantee for future years of entry.
International students must have valid UK immigration permissions for any courses or study period where teaching takes place in the UK. Student route visas can be issued for eligible students studying full-time courses. The University of Nottingham does not sponsor a student visa for students studying part-time courses. The Standard Visitor visa route is not appropriate in all cases. Please contact the university’s Visa and Immigration team if you need advice about your visa options.
We recognise that applicants have a wealth of different experiences and follow a variety of pathways into higher education.
Consequently we treat all applicants with alternative qualifications (besides A levels and the International Baccalaureate) on an individual basis, and we gladly accept students with a whole range of less conventional qualifications including:
This list is not exhaustive. The entry requirements for alternative qualifications can be quite specific; for example you may need to take certain modules and achieve a specified grade in those modules. Please contact us to discuss the transferability of your qualification. Please see the alternative qualifications page for more information.
RQF BTEC Nationals
Access to HE Diploma
Applications are assessed on an individual basis. Where an offer is made, our standard requirements are:
We are looking for students who have the ability and motivation to benefit from our courses, and who will make a valued contribution to the department and the university. Candidates for full-time admission are considered on the basis of their UCAS application.
When considering your application, we will look for evidence that you will be able to fulfil the objectives of the course and achieve the standards required. We will take into account a range of factors additional to, and in some cases instead of, formal exam results.
Selection of those applicants will be based upon a combination of the candidate's academic record and an assessment of all the information provided in their UCAS application, their academic reference and their personal statement.
At the University of Nottingham, we have a valuable community of mature students and we appreciate their contribution to the wider student population. You can find lots of useful information on the mature students webpage.
A levels: Preferably mathematics
GCSEs: Maths grade 7 (A) or above, unless taking it at A level; and GCSE English grade 4 (C) or above
General studies, leisure studies, and global perspectives and research
GCSE maths 7 (A) or above OR 6 in standard level or 4 in higher level maths - Higher Level maths preferred
Please note: Applicants whose backgrounds or personal circumstances have impacted their academic performance may receive a reduced offer. Please see our contextual admissions policy for more information.
All candidates are considered on an individual basis and we accept a broad range of qualifications. The entrance requirements apply to 2025 entry.
A levels: A*AA, mathematics preferred and excluding general studies, leisure studies, and global perspectives and research (A*ABB for those taking four full A levels and completing them in the same year)
IB: 36 points overall or 3 x Higher Level certificates at 766, Higher Level mathematics preferred
We welcome applications from students without A level mathematics or IB higher level mathematics. Offers to students without A level mathematics or higher level IB mathematics are delayed until the point we have received all applications to our programmes. Historically, it is more common that students without A level or higher level IB mathematics (who are predicted to make our entry tariff) have received an offer, though this should not be taken as a guarantee for future years of entry.
We recognise that applicants have a wealth of different experiences and follow a variety of pathways into higher education.
Consequently we treat all applicants with alternative qualifications (besides A levels and the International Baccalaureate) on an individual basis, and we gladly accept students with a whole range of less conventional qualifications including:
This list is not exhaustive. The entry requirements for alternative qualifications can be quite specific; for example you may need to take certain modules and achieve a specified grade in those modules. Please contact us to discuss the transferability of your qualification. Please see the alternative qualifications page for more information.
RQF BTEC Nationals
Access to HE Diploma
Applications are assessed on an individual basis. Where an offer is made, our standard requirements are:
We make contextual offers to students who may have experienced barriers that have restricted progress at school or college. Our standard contextual offer is usually one grade lower than the advertised entry requirements, and our enhanced contextual offer is usually two grades lower than the advertised entry requirements. To qualify for a contextual offer, you must have Home/UK fee status and meet specific criteria – check if you’re eligible.
We are looking for students who have the ability and motivation to benefit from our courses, and who will make a valued contribution to the department and the university. Candidates for full-time admission are considered on the basis of their UCAS application.
When considering your application, we will look for evidence that you will be able to fulfil the objectives of the course and achieve the standards required. We will take into account a range of factors additional to, and in some cases instead of, formal exam results.
Selection of those applicants will be based upon a combination of the candidate's academic record and an assessment of all the information provided in their UCAS application, their academic reference and their personal statement.
Applicants taking foundation courses should contact us for more information.
At the University of Nottingham, we have a valuable community of mature students and we appreciate their contribution to the wider student population. You can find lots of useful information on the mature students webpage.
On this course, you can apply to study abroad at one of our partner institutions or at University of Nottingham China or University of Nottingham Malaysia.
If you are successful in applying to study abroad, you will get the opportunity to broaden your horizons and enhance your CV by experiencing another culture. Teaching is typically in English, but there may be opportunities to study in another language if you are sufficiently fluent.
You can choose to study similar modules to your counterparts in the UK or expand your knowledge by taking other options.
The school you are joining may also have additional study abroad options available. Please visit the school website for more information.
Please note: In order to study abroad you will need to achieve the relevant academic requirements as set by the university and meet the selection criteria of both the university and the partner institution. The partner institution is under no obligation to accept you even if you do meet the relevant criteria.
If your course does not have a compulsory placement, integrated year in industry or compulsory year abroad where there is already an opportunity to undertake a work placement as part of that experience, you may be able to apply to undertake an optional placement year. While it is the student’s responsibility to find and secure a placement, our Careers and Employability Service will support you throughout this process. Contact placements@nottingham.ac.uk to find out more.
The school/faculty you are joining may also have additional placement opportunities. Please visit the school/faculty website for more information.
Please note: In order to undertake an optional placement year, you will need to achieve the relevant academic requirements as set by the university and meet any requirements specified by the placement host. There is no guarantee that you will be able to undertake an optional placement as part of your course.
Please be aware that study abroad, compulsory year abroad, optional placements/internships and integrated year in industry opportunities may change at any time for a number of reasons, including curriculum developments, changes to arrangements with partner universities or placement/industry hosts, travel restrictions or other circumstances outside of the university’s control. Every effort will be made to update this information as quickly as possible should a change occur.
On this course, you can apply to study abroad at one of our partner institutions or at University of Nottingham China or University of Nottingham Malaysia.
If you are successful in applying to study abroad, you will get the opportunity to broaden your horizons and enhance your CV by experiencing another culture. Teaching is typically in English, but there may be opportunities to study in another language if you are sufficiently fluent.
You can choose to study similar modules to your counterparts in the UK or expand your knowledge by taking other options.
The school you are joining may also have additional study abroad options available. Please visit the school website for more information.
Please note: In order to study abroad you will need to achieve the relevant academic requirements as set by the university and meet the selection criteria of both the university and the partner institution. The partner institution is under no obligation to accept you even if you do meet the relevant criteria.
If your course does not have a compulsory placement, integrated year in industry or compulsory year abroad where there is already an opportunity to undertake a work placement as part of that experience, you may be able to apply to undertake an optional placement year. While it is the student’s responsibility to find and secure a placement, our Careers and Employability Service will support you throughout this process. Contact placements@nottingham.ac.uk to find out more.
The school/faculty you are joining may also have additional placement opportunities. Please visit the school/faculty website for more information.
Please note: In order to undertake an optional placement year, you will need to achieve the relevant academic requirements as set by the university and meet any requirements specified by the placement host. There is no guarantee that you will be able to undertake an optional placement as part of your course.
Please be aware that study abroad, compulsory year abroad, optional placements/internships and integrated year in industry opportunities may change at any time for a number of reasons, including curriculum developments, changes to arrangements with partner universities or placement/industry hosts, travel restrictions or other circumstances outside of the university’s control. Every effort will be made to update this information as quickly as possible should a change occur.
For full details including fees for part-time students and reduced fees during your time studying abroad or on placement (where applicable), see our fees page.
If you are a student from the EU, EEA or Switzerland, you may be asked to complete a fee status questionnaire and your answers will be assessed using guidance issued by the UK Council for International Student Affairs (UKCISA).
All students will need at least one device to approve security access requests via Multi-Factor Authentication (MFA). We also recommend students have a suitable laptop to work both on and off-campus. For more information, please check the equipment advice.
As a student on this course, you should factor some additional costs into your budget, alongside your tuition fees and living expenses. You should be able to access most of the books you'll need through our libraries, though you may wish to purchase your own copies or more specific titles.
Statistical software for second and third-year modules and the dissertation are available to students in university computer labs.
The University of Nottingham offers a wide range of bursaries and scholarships. These funds can provide you with an additional source of non-repayable financial help. For up to date information regarding tuition fees, visit our fees and finance pages.
International students
We offer a range of international undergraduate scholarships for high-achieving international scholars who can put their Nottingham degree to great use in their careers.
For full details including fees for part-time students and reduced fees during your time studying abroad or on placement (where applicable), see our fees page.
All students will need at least one device to approve security access requests via Multi-Factor Authentication (MFA). We also recommend students have a suitable laptop to work both on and off-campus. For more information, please check the equipment advice.
As a student on this course, you should factor some additional costs into your budget, alongside your tuition fees and living expenses. You should be able to access most of the books you'll need through our libraries, though you may wish to purchase your own copies or more specific titles.
Statistical software for second and third-year modules and the dissertation are available to students in university computer labs.
The University of Nottingham offers a wide range of bursaries and scholarships. These funds can provide you with an additional source of non-repayable financial help. For up to date information regarding tuition fees, visit our fees and finance pages.
Home students*
Over one third of our UK students receive our means-tested core bursary, worth up to £1,000 a year. Full details can be found on our financial support pages.
* A 'home' student is one who meets certain UK residence criteria. These are the same criteria as apply to eligibility for home funding from Student Finance.
Explore the dynamic world of international economics and discover its powerful impact on our global community. Gain an understanding of how trade policies shape economic transactions between nations. What could an overseas financial crisis mean for us?
As an economist, understanding the reasons behind economic decisions is key. You'll study the key concepts of economics such as macroeconomics, microeconomics, mathematics and international trade. You'll gain the core analytical and quantitative techniques required by economics graduates.
Tailor your studies to your career interests. Choose optional modules that allow you to specialise in areas such as international trade, FDI, migration and international macroeconomics. Graduate with the skills essential for success in the modern economy.
Our graduates are highly sought after in a variety of sectors. These include international banking, accountancy, mergers and acquisitions, and much more.
Be a part of shaping our global future. Our successful alumni work at top organisations such as the Bank of America, Barclays, Bloomberg and Deloitte.
Explore the dynamic world of international economics and discover its powerful impact on our global community. Gain an understanding of how trade policies shape economic transactions between nations. What could an overseas financial crisis mean for us?
As an economist, understanding the reasons behind economic decisions is key. You'll study the key concepts of economics such as macroeconomics, microeconomics, mathematics and international trade. You'll gain the core analytical and quantitative techniques required by economics graduates.
Tailor your studies to your career interests. Choose optional modules that allow you to specialise in areas such as international trade, FDI, migration and international macroeconomics. Graduate with the skills essential for success in the modern economy.
Our graduates are highly sought after in a variety of sectors. These include international banking, accountancy, mergers and acquisitions, and much more.
Be a part of shaping our global future. Our successful alumni work at top organisations such as the Bank of America, Barclays, Bloomberg and Deloitte.
Important information
This online prospectus has been drafted in advance of the academic year to which it applies. Every effort has been made to ensure that the information is accurate at the time of publishing, but changes (for example to course content) are likely to occur given the interval between publishing and commencement of the course. It is therefore very important to check this website for any updates before you apply for the course where there has been an interval between you reading this website and applying.
Mandatory
Year 1
Economic Integration I
Mandatory
Year 1
Economic Integration II
Mandatory
Year 1
Introduction to Macroeconomics
Mandatory
Year 1
Introduction to Microeconomics
Mandatory
Year 1
The Politics of Economics and the Economics of Politicians
Optional
Year 1
Current Economic Issues
Optional
Year 1
Growth and Development in Long-Run Historical Perspective
Optional
Year 1
Mathematical Economics and Econometrics
Optional
Year 1
Mathematical Economics and Statistical Methods
Optional
Year 1
Quantitative Economics
Mandatory
Year 2
Applied Econometrics I
Mandatory
Year 2
Applied Econometrics II
Mandatory
Year 2
International Trade
Mandatory
Year 2
Macroeconomic Theory
Mandatory
Year 2
Microeconomic Theory
Optional
Year 2
Development Economics
Optional
Year 2
Econometric Theory I
Optional
Year 2
Econometric Theory II
Optional
Year 2
Environmental and Resource Economics
Optional
Year 2
Experimental and Behavioural Economics
Optional
Year 2
Financial Economics
Optional
Year 2
Industrial Economics
Optional
Year 2
Labour Economics
Optional
Year 2
Monetary Economics
Optional
Year 2
Political Economy
Optional
Year 2
Public Sector Economics
Mandatory
Year 3
Advanced International Trade I
Mandatory
Year 3
Advanced International Trade II
Mandatory
Year 3
Dissertation in Economics
Optional
Year 3
Advanced Development Economics
Optional
Year 3
Advanced Econometric Theory
Optional
Year 3
Advanced Experimental and Behavioural Economics
Optional
Year 3
Advanced Financial Economics
Optional
Year 3
Advanced Industrial Economics
Optional
Year 3
Advanced Labour Economics
Optional
Year 3
Advanced Macroeconomics
Optional
Year 3
Advanced Mathematical Economics
Optional
Year 3
Advanced Microeconomics
Optional
Year 3
Advanced Monetary Economics
Optional
Year 3
Advanced Political Economy
Optional
Year 3
Advanced Public Economics
Optional
Year 3
Economic Policy Analysis I
Optional
Year 3
Economic Policy Analysis II
Optional
Year 3
International Money and Macroeconomics
Optional
Year 3
Advanced Microeconometric Methods
Optional
Year 3
Numerical Methods in Economics
The above is a sample of the typical modules we offer, but is not intended to be construed or relied on as a definitive list of what might be available in any given year. This content was last updated on Tuesday 13 August 2024. Due to timetabling availability, there may be restrictions on some module combinations.
We have three streams for quantitative economics/econometrics to suit your mathematical background and preferences.
There is a choice of quantitative pathways and those who wish to emphasise the international dimension of their degree can apply to spend a semester of their second year studying abroad, taking similar modules to your counterparts back in Nottingham or expanding your knowledge through other options.
You may be able to choose to study a language as part of this degree.
Learning another language can open career opportunities around the globe and enriches your CV. It could also help you in your studies by being able to access learning materials in other languages.
If you are planning to travel or work abroad it will help you to broaden your cultural understanding.
Our Language Centre offers many languages, and you may start as a beginner or at a more advanced level.
Find out more about learning a language as part of your degree
This module introduces you to the economics of integration. The module analyses the consequences for countries seeking closer economic integration through successively more ambitious forms. This begins with a limited trade arrangement, followed by a common market, which also allows free movement of capital and migrant workers, and a Single Market.
The final part of the module examines monetary integration, beginning with exchange rate stabilisation and then considering Monetary Union. The module aims to combine principles of economic analysis with an assessment of the impact of such measures on the member economies.
This module introduces you to the economics of integration. It analyses the economic rationale for, and practice of, policy co-ordination and harmonisation both at the European and at a global level. An examination of the economic rationale for common EU policies is followed by an analysis of such examples as the common agricultural, trade and regional policies, and the operation of the European Budget.
At the global level, cooperation in trade, finance and development policies is reviewed in relation to the operation of institutions such as the World Trade Organization, the International Monetary Fund and the World Bank. The module aims to combine principles of economic analysis with an assessment of the impact of international policy coordination.
Macroeconomics is the study of the aggregate economy, focusing on the cyclical pattern of aggregate output and co-movement of real and monetary aggregates in general equilibrium. A series of basic models used in modern macroeconomics are introduced, with a particular focus on dynamic general equilibrium modelling tools and techniques necessary to build theoretical models.
In this module you will learn about the behaviour of firms and households in situations of competitive and imperfectly competitive markets.
How does economics impact on politicians? And how do politicians impact on economics? You will study both contemporary economics and the political leaders who have put key economic theories into practice throughout history.
This module covers the following topics:
This module focuses on a range of current issues facing the world economy, seeks to illustrate how economists model such issues, and examines potential policy responses. Example topics to be covered are:
In this module we will explore the long-run, historical determinants of the wealth of nations. We will begin by taking a long-run view on modern economic growth, showing how this has led to dramatic changes in the relative wealth of nations over the last 500 years.
We will then ask two key questions: why has modern economic growth started in some places rather than others? And why have some countries been able to catch up, while others have not? These investigations will improve our understanding of why some countries are much richer than others, and will give us some important insights on how to promote sustained growth in developing countries.
The module draws on a vibrant new literature in economics that looks at comparative development as the outcome of a long historical process, and uses techniques originally developed in economics to improve our understanding of history. Without going into the technical details, the module reviews the main findings of this literature, discusses their implications for modern development experiences, and lays out the main challenges for future research.
By providing an historical perspective on growth and development, the module will endow you with a better understanding of contemporary economic issues. It will also give you some exciting examples of how the economic techniques you will learn in later modules can be used to understand the world better.
The first half of the module provides an introduction to the mathematical methods required for economic modelling, focusing on linear algebra, optimisation and their role in formulating and solving economic problems.
The second half introduces the statistical methods required for data analysis in economics. We concentrate on statistical distribution theory and statistical inference before applying these concepts to the study of the linear regression model, whose extensions will be analysed in detail in subsequent econometrics modules.
The first half of the module provides an introduction to the mathematical methods required for economic modelling, focusing on linear algebra, optimisation and their role in formulating and solving economic problems. The second half introduces the statistical methods and concepts most applicable in economics.
The analysis of economic data necessarily proceeds in an environment where there is uncertainty about the processes that generated the data. Statistical methods provide a framework for understanding and characterising this uncertainty. These concepts are most conveniently introduced through the analysis of single-variable problems. However, economists are most often concerned about relationships among variables.
The module builds towards the study of regression analysis, which is often applied by economists in studying such relationships.
The first half of the module provides an introduction to the mathematical methods required for economic modelling, focusing on:
The second half introduces the statistical methods and concepts most applicable in economics. The analysis of economic data necessarily proceeds in an environment where there is uncertainty about the processes that generated the data. Statistical methods provide a framework for understanding and characterising this uncertainty.
These concepts are most conveniently introduced through the analysis of single-variable problems. However, economists are most often concerned about relationships among variables. The module builds towards the study of regression analysis, which is often applied by economists in studying such relationships.
An introduction to the theory and practice of econometric methods, focusing on regression analysis and its application to economic situations. This module will pay particular attention to the principles of estimation and inference in the multiple regression model, and will rely on illustrations and intuition to develop understanding of the techniques and their interpretation.
You will deepen your understanding of the material covered in class via a series of 'hands-on' computer classes using specialist econometric software (STATA) and a set of tutorials that will review worked examples.
The module introduces the principles, uses and interpretation of regression techniques and testing procedures most commonly employed in applied economics using time series data, cross-section models with a binary dependent variable, and simple panel data models.
In part (a) we cover dynamic models, serial correlation, forecasting and (co)integration; part (b) studies the linear probability model, as well as logit and probit regressions; part (c) introduces basic panel econometrics covering the fixed effects and random effects models.
Students will enhance their understanding of the material covered in the lectures via hands-on computer classes using Stata and in tutorials covering worked examples.
This module is an introduction to international trade theory and policy. It covers the core trade theories under perfect and imperfect competition and applies them to understanding the pattern of trade, gains from trade and modern topics like foreign outsourcing. On the policy side, it examines the effects of different government trade policy instruments and the role of international trade agreements.
This module will address both the fundamental and applied aspects of macroeconomic theory. In particular, the module will focus on:
The module will review the so-called modern approach to aggregate demand and aggregate supply. This entails incorporating into the classical approach to aggregate supply and aggregate demand, insights from Keynesian economics. This will serve as a base to discuss the role of macro policy in controlling for fluctuations in output and employment.
This module covers intermediate microeconomics including general equilibrium analysis; welfare economics; elementary game theory; and strategic behaviour of firms.
This module is a general introduction to the economic problems of developing countries. The module will cover such topics as:
This module generalises and builds upon the econometric techniques covered in the year one module, Mathematical Economics and Econometrics. This will involve introducing a number of new statistical and econometric concepts, together with some further development of the methodology that was introduced in year one. The multivariate linear regression model will again provide our main framework for analysis.
This module introduces you to a range of statistical techniques that can be used to analyse the characteristics of univariate economic time series. The basic theoretical properties of time series models are discussed and we consider methods for fitting and checking the adequacy of empirical time series models. Methods of forecasting future values of economic time series are then considered.
This module will look at:
This module provides a foundation in behavioural economics and the role of experimental methods in economics. The traditional approach in economics is to explain market outcomes and economic decision-making using simple theoretical models based on perfectly rational, self-interested agents who maximise their wellbeing by carefully weighing up the costs and benefits of different alternatives. Behavioural economics, on the other hand, aspires to relax these stringent assumptions and develop an understanding of how real people actually make decisions.
The module will introduce you to behavioural and experimental economics, discuss these fields from a methodological perspective and examine several areas of economic analysis in which they are applied. This will include individual choice under risk and uncertainty, decision-making in strategic situations and competition in markets.
This module will offer an introduction to some theoretical concepts related to the allocation of risk by financial institutions. Then it will apply these concepts to the analysis of financial and banking crises.
This module provides an economic analysis of the theory and practice of organisation of firms and industries. It explores the nature of competition among firms and their behaviour in various markets, with the specific emphasis on imperfectly competitive markets. Tools for both empirical and theoretical approaches to the analysis of industries are covered.
Starting from a detailed analysis of market structures, the module goes on to discuss various aspects of firms' behaviour and their influence on market outcome. Among the behaviours covered in the module are price discrimination, vertical integration, advertising, research and development activities and entry and exit of firms. Government regulation of industries is also discussed.
This module provides an introduction to the economics of the labour market. We will look at some basic theories of how labour markets work and examine evidence to see how well these theories explain the facts.
Particular attention will be given to the relationship between the theory, empirical evidence and government policy. The module will refer especially to the UK labour market, but reference will also be made to other developed economies.
This module will provide a foundation for the monetary economics modules in the third year and is a complement to financial economics for the second and third years. It will cover topics such as the definitions and role of money, portfolio choice, financial markets and banks, central banks and monetary policy, and the monetary transmission mechanism.
Under these headings the module will address issues of theory, policy and practice relating to recent experience in the UK and other countries. The module will feature some current debates and controversies based on recent events.
This module is concerned with the effect of political and institutional factors on economic variables as well as with the study of politics using the techniques of economics.
This module looks at:
This module looks at:
This module covers:
An independent research project, involving the application of techniques of economic analysis to a self-chosen research topic and the presentation of a written report. There will be lectures to provide general guidance on economic research methods and writing an undergraduate dissertation in economics.
Topics include:
This module adopts a broad focus on factors influencing growth and development, concentrating on core economic policy areas and the role of international organisations.
Topics covered include macroeconomic policies, in particular exchange rates and the role of the IMF; aid policy and the World Bank, effects of aid on growth, macroeconomic and fiscal policy, and poverty; trade policy and performance and the WTO; economic reforms and growth experiences in East Asia, China and Africa; human development and the UN Sustainable Development Goals.
This module generalises and builds upon the material covered in the year two modules, Econometric Theory I and II. In the first part of the module, we study large sample, or asymptotic, theory. This is needed in order to obtain tractable results about the behaviour of estimators and tests when the standard modelling assumptions - which frequently cannot be verified in practice - are relaxed.
The second part of the module continues the time series analysis taken in Econometric Theory II, with the emphasis on the behaviour of typical economic time series, and the implications of that behaviour in practical analysis, such as the construction of models linking economic time series. The key issues addressed will be the identification of non-stationarity through the construction of formal tests and the implications for modelling with non-stationary data.
This module discusses aspects of some of the main sub-areas of experimental and behavioural economics. This includes applications related to individual decision-making, strategic behaviour and market behaviour.
The module encourages reflection on both the role of experiments in economics and the assumptions that economics does (and should) make about people’s motivations. Both experimental economics and behavioural economics are still comparatively new fields within the wider discipline.
The module considers their potential and main achievements, relative to more traditional economic techniques. It encourages development of critical skills and reflection on specific research contributions in experimental and behavioural economics.
This module covers:
This module provides an advanced economic analysis of the theory of organisation of firms and industries. It will analyse a variety of market structures related to the degree of market competition with a special emphasis on imperfectly competitive markets. It will also analyse issues related to the internal organisation of firms.
This module covers an economic analysis of the labour market, with an emphasis on policy implications and institutional arrangements.
This module covers:
This module is intended to provide an introduction to mathematical techniques used in economics. In particular, examples of economic issues that can be analysed using mathematical models will be discussed in detail.
Particular attention will be given to providing an intuitive understanding of the logic behind the formal results presented.
This module will cover topics in advanced microeconomics and decision theory. The precise content may vary from year to year, but the module will start from the basis established by the Microeconomic Theory module.
This module provides a rigorous introduction to formal models of money in the macroeconomy. Following this, applications for areas of central banking, finance and international macroeconomics will be explored.
This module covers:
The module will introduce some major themes of the economic analysis of government. Using the tools of modern microeconomic theory, it will explore how government institutions are designed, how they could be designed better, and how they shape economic policy.
This module will introduce you to economic policy analysis. It will focus on the role played by different institutional rules in shaping the behaviour of elected governments by providing incentives to elected governments.
This module will introduce students to economic policy analysis, using examples from environmental economics and international trade. The first part of the module is about climate change. We first examine the practice of discounting future outcomes. We will look at the evidence for climate change in the past and predictions for future damage. Combining this with information about abatement options and costs, we can devise a globally optimal policy path, depending on the discount rate. Finally, we will trace actual climate change negotiations, evaluate climate change policy and examine why it is so difficult for countries to agree on greenhouse gas emission reductions.
The second part of the module will focus on the issues around and methods for policy evaluation. We also draw some lessons for policy prescription/design. There is an increasing consensus as to the appropriate methods for evaluation but the topic of policy prescription remains contentious. It considers the main empirical methods of policy evaluation and the fundamental question of evaluation studies (what would have happened if the policy had not been undertaken). It discusses trade liberalization and exporting firms. This allows us to think about aggregate outcomes for policy change using evidence from microdata. It considers the question of whether there is systematic, reliable evidence that government policies stimulate growth in the long run and if so what those policies are. This topic is used to explore the issue of policy prescription.
This module will provide an introduction to international monetary issues, including the determination of exchange rates and international spill-over effects.
This module focuses on a range of econometric methods used in policy evaluation and in the identification and estimation of causal effects. Topics to be covered include:
This module covers the following:
Static numerical methods
Dynamic numerical optimisation
Agent-based economic modelling
The majority of teaching is delivered through lectures, tutorials, seminars and computer laboratory classes.
We aim to provide a learning environment that will enrich your life and live up to the ideal of a global education. You will engage directly in our common pursuit of cutting-edge, policy relevant and curiosity-driven research.
Economists study the world around them by applying both mathematical and statistical methods. You will be required to learn both to ensure you have the most up to date skills.
The final year dissertation module provides you with the opportunity to complete an independent research project on a topic of your choice. Under the guidance of a dissertation tutor, you will gain experience of the research process and a range of skills that will enhance your academic profile and CV.
During each semester you will be examined on the modules you have taken. With the exception of the dissertation in the third year (which is a coursework assessment), modules typically have exam-based assessment at the end of the semester (or year), and some have seminar or essay-based elements, including group work.
You will have at least the following hours of timetabled contact a week through lectures, seminars, tutorials, computer classes and supervisions.
You will also be expected to engage in substantial independent study.
Our economics graduates gain a range of specialist and transferable skills, including the ability to grasp complex economic concepts, both mathematical and philosophical. This will enable you to have a lucrative career in a wide variety of fields such as government, international agencies, private sector organisations or education.
A study from the Department for Education and Institute for Fiscal Studies has found that studying economics at university significantly increases the average earnings of graduates.
If you want more inspiration on where an economics degree can take you, listen to our Econverse Podcast. Current students interview inspirational guests from the University of Nottingham and beyond, to provide valuable insights into their life after graduation.
Our graduates go into a wide variety of careers, including investment banking, accountancy, mergers and acquisitions, and stock and bond trading.
Recent graduates now work at organisations such as the Bank of America, Barclays, Bloomberg and Deloitte.
89.80% of undergraduates from the School of Economics secured graduate level employment or further study within 15 months of graduation. The average annual starting salary for these graduates was £33,841.
HESA Graduate Outcomes (2017-2021 cohorts). The Graduate Outcomes % is calculated using The Guardian University Guide methodology. The average annual salary is based on graduates working full-time within the UK.
Studying for a degree at the University of Nottingham will provide you with the type of skills and experiences that will prove invaluable in any career, whichever direction you decide to take.
Throughout your time with us, our Careers and Employability Service can work with you to improve your employability skills even further; assisting with job or course applications, searching for appropriate work experience placements and hosting events to bring you closer to a wide range of prospective employers.
Have a look at our careers page for an overview of all the employability support and opportunities that we provide to current students.
The University of Nottingham is consistently named as one of the most targeted universities by Britain’s leading graduate employers (Ranked in the top ten in The Graduate Market in 2013-2020, High Fliers Research).
University Park Campus covers 300 acres, with green spaces, wildlife, period buildings and modern facilities. It is one of the UK's most beautiful and sustainable campuses, winning a national Green Flag award every year since 2003.
University Park Campus covers 300 acres, with green spaces, wildlife, period buildings and modern facilities. It is one of the UK's most beautiful and sustainable campuses, winning a national Green Flag award every year since 2003.
Faculty of Social Sciences
3 years full-time
Qualification
BSc Hons
Entry requirements
A*AA including mathematics
UCAS code
L140
Faculty of Social Sciences
3 years full-time
Qualification
BSc Hons
Entry requirements
A*AA
UCAS code
L100
Faculty of Social Sciences
4 years full-time
Qualification
BA Hons
Entry requirements
A*AA
UCAS code
L1R1
Faculty of Social Sciences
4 years full-time
Qualification
BA Hons
Entry requirements
A*AA
UCAS code
L1R4
Faculty of Social Sciences
4 years full-time
Qualification
BA Hons
Entry requirements
A*AA
UCAS code
L1R2
Faculty of Social Sciences
3 years full-time
Qualification
BA Jt Hons
Entry requirements
AAA
UCAS code
LL21
If you’re looking for more information, please head to our help and support hub, where you can find frequently asked questions or details of how to make an enquiry.
If you’re looking for more information, please head to our help and support hub, where you can find frequently asked questions or details of how to make an enquiry.