Economics (Industry)

What makes some countries richer than others? How should society fund social care? Why are footballers paid so much? As a BA Economics (Industry) graduate, you will have the analytical skills and intellectual toolbox to help answer these questions and many more. You will learn how to interpret data, understand (and quantify) the decisions made by individuals, organisations, and governments, and evaluate economic policies.

Why study BA Economics at Lancaster University?

BA Economics begins by introducing the foundational principles of economic theory. The analytical skills you gain will then be connected with insights from other social sciences, such as politics and international relations. This flexible degree is designed to allow you to take the skills you will learn and apply them to multiple careers.

You will cover the fundamentals of economic theory and practice, and as your degree progresses and you discover more about both the subject and yourself, you can flex this course in ways that speak to your changing interests and strengths. This flexibility means you play a major part in building the degree you want, and might lead you to study themes such as:

• Growth and development

• Economic inequality

• Global macroeconomics and policy

• Labour and health economics

This course weaves theory and evidence into policy analysis. This allows you to understand fundamental issues and topical concerns. In the BA in Economics, we give students a broader appreciation of key issues in society by combining economic analysis with insights from the other social sciences. Therefore, in your first year, you will also take two modules from the social sciences.

In the second year, you will progress to topics such as micro and macroeconomics and quantitative methods, which provide many of the analytical tools used in economics, along with some economics options and a further module from the social sciences.

Your third year is spent in industry. You’ll be supported in securing a placement, with past students joining companies such as IBM, Lloyds Bank, Microsoft, PwC and the Bank of England. Roles on offer range from project management and logistics to investment, business development and risk. Most placements are in the UK, but there are some options available overseas.

Your final year involves choosing economics modules and some additional options from the social sciences. Topics you might study include public policy, international trade and business, and global macroeconomics and policy, so you can tailor your studies to suit your aspirations.