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Economics

In the fascinating world of economics every market fluctuation tells a story, and understanding the language of supply, demand, and opportunity is the key to unravelling the complexities of global dynamics.

What's on this page?

If you choose economics, you’ll learn the fundamental forces that shape our societies. Exploring scarcity, choice, and resource allocation, economics teaches you the tools to understand complex economic systems.  

The subject has two main focuses:

  • microeconomics – looks at households, businesses, and industries
  • macroeconomics – looks at the economy as a whole

The study of economics opens many career paths, including roles in finance, consulting, government, and international organisations. You could end up at the forefront of economic policy, financial analysis, and strategic decision-making, contributing to economy growth  on a global scale. It's important to be aware that studying economics is heavily reliant on quantitative maths skills, so this is an important aspect to prepare yourself for and highlight in your personal statement. An economics education paves the way for impactful careers, where you can be a part of shaping economic landscapes and addressing contemporary challenges.

The impact you could make
  • Contribute to the development and evaluation of public policies.
  • Drive business success by applying economic analysis to strategic decision-making.
  • Play a part in positive economic change on a global scale.
What you could study
  • Macroeconomics
  • Microeconomics
  • Probability and statistics
  • Mathematics for economists
  • Programming for economists
  • Econometrics

Study options

Options to study in this field include:

Chat to a current economics student

Chat to a current economics student using UniBuddy.

Some conversation starters for you:

  1. Ask which modules they really enjoyed.
  2. Find out how easy it was for them to make friends on their course.
  3. Do they have any tips on your personal statement?
  4. Did they do anything to prep for uni before they went?
  5. Are there books, podcasts or YouTube channels they would recommend?
     

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  • Ellie

    Durham University
    BA Philosophy, Politics and Economics (PPE) (VL52)
    Hey, I'm Ellie! I'm originally from Bournemouth, Dorset and I'm currently an enthusiastic PPE student at St. Aidan's College, Durham University. At A Level, I studied Politics, Biology, and Maths (I like to keep my options open!). After uni, I'm interested in working in the political sector. However, as I'm studying such a varied degree, I'd like to explore many possible avenues. Please feel free to reach out to me with any questions about my course, colleges or uni life!

  • Ben

    University of Lincoln
    Accountancy and Finance - BA (Hons)
    Hi, I’m Ben! I’m currently studying Accountancy at Lincoln University, and I’m in my second year, working towards a predicted 2:1. I’m passionate about finance, accounting, and business, and I’m keen to apply my knowledge in real-world scenarios. Beyond my studies, I’ve taken part in various industry-focused opportunities, including: Completing the Bloomberg Market Concepts course to develop financial markets knowledge. Achieving Microsoft Office Specialist certification in Excel, enhancing my data analysis skills. Winning 1st place in the CIMA Business Game Award, showcasing my problem-solving and strategic thinking. Acting as a Student Ambassador and Course Representative, helping students navigate university life and academic challenges. I also have work experience across multiple industries, from customer service and operations to handling emergency calls for the NHS. These roles have strengthened my communication, teamwork, and problem-solving skills. In my first and second year, I lived in Lincoln, which gave me a great experience of student life, but this year I’m commuting. So, whether you’re moving away for uni or thinking about commuting, I’m happy to share advice on both! Outside of academics, I’m a huge football fan and love both playing and watching the game. I also enjoy gaming in my free time, whether it's competitive online matches or just relaxing with friends. I’m always happy to chat about university life, balancing studies with work, career opportunities, or even football and gaming! Feel free to ask me anything.

  • Daniel

    University of Surrey
    Accounting and Finance BSc (Hons)
    Currently a BSc Accounting and Finance student undergoing an Industrial Placement year with BDO UK LLP. I studied A-level Mathematics, Further Mathematics and Chemistry. In the future, I hope to be on a graduate scheme working in Audit/Assurance or Advisory/Consulting for a public accounting firm. Please feel free to ask me anything (I aim to reply within 48 hours).

  • ELEESYA SOFEA

    University of Essex
    Actuarial Science
    Hi! I'm Eleesya Sofea I'm a 2nd year Actuarial Science student at the University of Essex and an international student from Malaysia. I have a strong passion for mathematics, statistics, and problem-solving, and I aspire to become an actuary in the future, using my analytical skills to assess risks and make informed financial decisions. Beyond academics, I'm actively involved in social events and love connecting with new people. I also sometimes volunteer with the university’s V-Team, which allows me to give back to the community and develop new skills. Being a Student Ambassador gives me the opportunity to share my university experience, support prospective students, and help them navigate student life. If you have any questions about studying at Essex, career aspirations, or university life in general, feel free to reach out—I’d love to help!

  • Amar

    University of Glasgow
    Accountancy & Finance [BAcc]
    Hi I’m Amar, a 4th year Accounting and Finance student at the University of Glasgow. I’m interested in auditing, investing, mergers and acquisitions, and finance in general!

  • Temwani

    University of Essex
    Economics
    Hey there! I’m Temwani – great to meet you! I’m a second-year international student at the University of Essex (Colchester Campus), originally from the vibrant country of Zambia. My educational journey has taken me across Southern Africa, with my O Levels in Zimbabwe and A Levels in South Africa, giving me a rich and diverse perspective both inside and outside the classroom. Beyond my academics, I’m passionate about sports, fitness, wellness, entrepreneurship, and community engagement—I believe in living a balanced life and giving back to those around me. I currently live off-campus, which has given me the chance to explore the local community and meet people from all walks of life. My academic interests lie in economics, finance, and business advisory, where I aspire to build a fulfilling career that makes a real impact. I’m always eager to learn, grow, and connect with like-minded individuals. Got questions? Curious to chat or collaborate? Feel free to send me a message!

  • Alexandra

    City St George's, University of London
    Finance with Actuarial Science BSc (Hons)
    Hi! I'm Alexandra, in my final year of Finance with Actuarial Science. I love all things fun from enjoying the hustle and bustle of London to learning more about Finance and Actuarial Science, its exciting I get to do all that at City. A Malaysian/ Singaporean who loves cooking but also has her fair share of take outs ( I know some delicious spots!), made some good friends and have taken many flights over my term breaks. I love my degree because of the skills I get to hone especially analytically but also because of the exposure I have when I get to choose my electives- I am exposed and developed holistically. Regarding accommodation: I've tried Halls, Private Student Accommodation and Private Accommodation. I got in through UK A Levels and a UOL Foundation Certificate. Happy to chat more if you have questions:)

  • Roman

    City St George's, University of London
    Economics with Accounting BSc (Hons)
    Hi everyone, I am Roman! I am an aspiring accountant, who loves reading and eating out. I commute to university from home. I did chemistry, biology and french for A-levels ( a bit different from my degree ) and got into uni through clearing. My favourite modules have been Company Law and Financial Management. Feel free to reach out to ask me any questions :)

  • Raf

    Durham University
    BA Economics (L100)
    I am a first year Economics student in Stephenson College at Durham University. I am originally from Portugal, although I moved to Manchester when I was 6 years old with my parents and twin brother. My brother and I are the first in our family to go to uni so being at Durham has been a really great experience!!! I am a member of my college's badminton team, as well as the bookkeeper for my college's JCR so I really like getting involved with events at college level although in general I love trying new things at uni.

  • Farah

    City St George's, University of London
    Accounting and Finance BSc (Hons)
    Assalammualaikum and Hi! I am Farah, currently is in my 3rd year in Accounting and Finance. I start to have interest in accounting and finance since I study Business Management in my IB Diploma programme. From there I discover that I love accounting numbers and doing management. My plan after graduating is to work in either accounting, finance, consultancy or management field. I also have a bigger plan to build my own business in the future. My biggest interest in this world is learning Al Quran and Islam to be a better human being and give me an inner peace. By learning those, help me a lot in coping with all the study stress and other thing that happening around me which could affect myself.

  • Krish

    Lancaster University
    Accounting and Finance
    Hi, I’m a penultimate year BSc Hons Accounting and Finance (Industry) student at Lancaster University. I’m from Mumbai, but have been brought up in Dubai, UAE. I like spending my time playing Cricket and listening to bollywood music.

  • Gun

    University of Glasgow
    Accountancy & Finance [BAcc]
    Hey this is Gun Park from South Korea and if you are thinking of studying Accounting & Finance in University of Glasgow, feel free to hit me up! I'll be happy to answer any questions regarding the course as well as the student life out here in Glasgow Uni.

  • Jahnavi

    Bangor University
    Accounting, Banking & Finance
    Hello everybody! My name is Jahnavi Nair, and I am 21 years old. I am in my third year of pursuing a degree in Accounting and Finance. Throughout my university career, I've developed a strong interest in the world of finance, and I intend to pursue a Master's degree in finance after graduation. My long-term goal is to become a CFA charter holder and eventually build a successful career at a top investment banking firm. As a student mentor, I understand how overwhelming university life can be — whether it's managing your studies, adjusting to a new environment, or planning your future career. I'm here to make the journey a little easier. If you ever need help with your academic work, course structure, or simply navigating university life, please do not hesitate to contact me. I will gladly support you and share any advice or insights I have gained over the last three years.

  • Chinemerem

    University of East Anglia UEA
    Economics and Finance
    Chinemerem is a dynamic economist with distinguished certification from the World Bank Group and hands-on experience in unlocking investment & finance in emerging markets and developing economies. Currently studying for a Master's in Finance & Economics and committed to contributing to corporate finance as it relates to impact investing and global development programs.

  • Nadeline

    University of Northampton
    Bsc Accounting & Finance
    Hi! My name is Nadeline and I’m from Indonesia. Aside from being an Accounting & Finance student, I love to dance and have been a part of the UON Dance Team since last year. I also enjoy taking a walk in the outdoors, going to museums, and shopping! I look forward to helping new students as a Unibuddy Ambassador, so feel free to ask me anything!

  • Jason

    University of Glasgow
    MA (Soc Sci) Economics
    I'm an international student from Hong Kong and I'm wanting to become a corporate solicitor. I like hiking, eating good food, gaming, listening to cantonese pop music and watching kdramas.

  • Malishka

    University of Essex
    Finance and Banking
    Hi, I’m Malishka, a banking and finance major and creative enthusiast passionate about art, writing, and everything bollywood. I love exploring diverse perspectives, through academic research. With a trained eye for design and a curious mind, I aim to balance analytical thinking and creativity to make a meaningful impact.

  • Ovea

    Brunel University of London
    Economics and Finance
    Hi! My name is Ovea and I'm a first year student at Brunel University of London. I believe in keeping things positive and making meaningful connections with others. I'm an easy-going person who loves meeting new people and creating a welcoming environment where everyone feels comfortable.

  • Hajar

    City St George's, University of London
    Economics BSc (Hons)
    Hi, I am Hajar. Currently, I am studying Economics at City and I am finding it very interesting! I was born and raised in London, so it is great to attend a university that isn't too far from home. I am a WP, Marketing and Brand ambassador which allows me to meet a lot of students from different backgrounds. I have joined the ISOC society last year, which allowed me to take part in the charity week, it was so rewarding to be able to take part in helping people. My course offers a sandwich year, I am currently in the process of finalising my placement for next year :)!!! I am always happy to help, feel free to ask away.

  • Jaiden

    University of Essex
    Economics
    I came to Uni here after a long time debating it, i wasnt sure if it was for me, but since making up my mind and actually comming, despite all of the fears and worries about debt and social life and relationships and my course, its been some of the best weeks of my life. I've never felt as sociable as i do naturally now, and with all the new awesome people ive met in lessons / am living with, they've made me come out of my shell a lot. Living away from home was pretty wierd to start off with, but honestly the university is such an accomodating and welcoming place that this just feels like a second home to me now, just as much as back home is still my "home", i feel i've settled in here really well, and im sure you'll do the same, so try not to let your doubts control you too much, because its an experience you dont want to miss!
  • See all
Example module
"I particularly enjoyed microeconomics as it focused on economics at the consumer or individual level."
Second year economics and finance student, Swansea University
Example project
"An applied economics project last year that compared the impact of COVID-19 in Sweden versus New Zealand, which were totally opposite in their approach to the pandemic."
Second year economics student, University of Manchester

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Subjects it's useful to have studied first

Some economics courses or apprenticeships will have requirements for previous qualifications in certain subjects. Entry requirements vary, so always check with the provider.

 

Business
Maths
Statistics
Hard skills you'll develop
  • Master statistical and mathematical techniques for analysing economic data
  • Financial analysis skills to evaluate the performance of businesses
  • Market research, including survey design, data collection, and analysis economic forecasting, including time series analysis and prediction methods
Soft skills you'll develop
  • Attention to detail, particularly in data analysis and research
  • Presentation skills to articulate economic findings and recommendations
  • Ethical reasoning skills
  • Problem-solving skills to address complex economic challenges

Careers: Where it can take you

Find out more about your career prospects from studying economics. The following information is based on a typical economics professional role.
Available jobs
67,169 vacancies in the past year
5.8% growth over next 8 years
Average salary
£43,077
Up to £76,842

Career options

Business management

Actuaries, economists, and statisticians

Management consultants and business analysts

Financial managers and directors

Purchasing managers and directors

Information and communication technology

IT business analysts, architects, and systems designers

IT project and programme managers

Government and research

National government administrative occupations

Local government administrative occupations

Business associate professionals

Data analysts

What is a… strategic innovation consultant?

Strategic innovation consultants collaborate with organisations to identify opportunities for growth, assess market trends, and develop creative strategies to stay ahead in competitive industries. Their role involves analysing economic data to uncover insights, applying economic principles to forecast market changes, and proposing innovative solutions to enhance business performance. This exciting career is a great opportunity to blend economic analysis with strategic thinking to contribute to the evolution and success of businesses in an ever-changing landscape.
Find your ideal career
Take our careers quiz to find your ideal job matched to your personality type.

Getting in: Entry requirements

Find out more about what you'll need to study economics at university or as an apprenticeship.

Average requirements for undergraduate degrees

Entry requirements differ between university and course, but this should give you a guide to what is usually expected from economics applicants.
 

 

A levels
A*AA
Vocational
BTEC D*DD
Other Level 3/Level 6 qualifications (e.g. Pearson BTEC Level 3 National Extended Diploma or SQCF Level 6) may be accepted as an alternative
Scottish highers
AABBB
Business and administration apprenticeships
Check out our industry guide to help you decide if a business and administration apprenticeship might be the right choice for you.

Other subjects you may be interested in

Considering an apprenticeship?

Applying for an apprenticeship is just like applying for a normal job. Here’s what you need to know:

 

  1. Deadline

    Apprenticeships don't follow the same deadlines as applying to uni, the deadline is down to the employer.

  2. Where to apply

    You apply directly through the employer.

  3. No limits

    You're not restricted to one apprenticeship application; you can do as many as you like.

  4. Apply to university and apprenticeships

    There's nothing stopping you applying to university through UCAS, while also applying for apprenticeship vacancies.

  5. Find out more

    Read our guide to business and administration apprenticeships.
Apprenticeship vacancies
Check out live apprenticeship vacancies in business and administration.

Explore further

Go deeper into topics around economics with the following:

  1. Economic Observatory

    Follow all the conversations happening in the world of economics.

  2. The Economist Podcasts

    Listen to episodes around current affairs, business and finance, science and technology, and global issues.

  3. Keep up-to-date with the latest news

    Find all the latest news and research on the Royal Economics Society website.

Application advice

Whether it's personal statement tips or what to write in a cover letter for an apprenticeship application, our advice will help you get ahead in your economics journey.
Skills, experiences, and interests to mention
  • Be sure to highlight any instances where you applied analytical skills in your studies as this is an essential skill for economics.
  • Maths is also an important subject so mention your ability in successfully applying mathematical concepts.
  • How aware are you of current economic issues and trends? How do you make sure you’re informed about global economic events?
  • Do you have any experience of leadership? That could be leading study groups, organising events or maybe even joining societies or clubs related to economics.
  • What difference do you want to make in the world and how would studying economics help you achieve that goal?
Writing your personal statement
Read our advice and tips on everything you need to know about writing your personal statement.

Personal statement builder

Try our tool.

Get help structuring your statement.

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Search uni and colleges for economics courses

Explore courses

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  • Economics

    Edge Hill University

    BSc (Hons) · 3 Years · Full-time · Ormskirk · 09/2025

    Tariff points: 112/120

  • Economics

    University of Southampton

    BSc (Hons) · 3 Years · Full-time · Southampton · 22/09/2025

    Tariff points: 136/144

  • Economics

    Cardiff Metropolitan University

    BSc (Hons) · 3 Years · Full-time · Cardiff · 22/09/2025

    Tariff points: 112/112

  • Economics

    University of Bradford

    BSc (Hons) · 3 Years · Full-time · Bradford · 09/2025

    Tariff points: 112/112

  • Economics

    Liverpool Hope University

    BA (Hons) · 3 Years · Full-time · Liverpool · 09/2025

    Tariff points: 112/112

  • Economics

    University of Lincoln

    BSc (Hons) · 3 Years · Full-time · Lincoln · 22/09/2025

    Tariff points: 112/112

  • Economics

    Keele University

    BSc (Hons) · 3 Years · Full-time · Keele · 09/2025

    Tariff points: 112/112

  • Economics

    Nottingham Trent University

    BSc (Hons) · 3 Years · Full-time · Nottingham · 15/09/2025

    Tariff points: 112/120

  • Economics

    Queen Mary University of London

    BSc Econ H · 3 Years · Full-time · London · 15/09/2025

    Tariff points: N/A

  • Economics

    Royal Holloway, University of London

    BSc Econ H · 3 Years · Full-time · Egham · 22/09/2025

    Tariff points: N/A

  • Economics

    University of Warwick

    BSc (Hons) · 3 Years · Full-time · Coventry · 29/09/2025

    Tariff points: N/A

  • Economics

    University of East London

    BSc (Hons) · 3 Years · Full-time · Stratford · 22/09/2025

    Tariff points: 112/112

  • Economics

    University of Cambridge

    BA (Hons) · 3 Years · Full-time · Cambridge · 10/2025

    Tariff points: N/A

  • Economics

    University of Derby

    BA (Hons) · 3 Years · Full-time · Derby · 09/2025

    Tariff points: 112/112

  • Economics

    University of Huddersfield

    BSc (Hons) · 3 Years · Full-time · Huddersfield · 22/09/2025

    Tariff points: 112/120

  • Economics

    University of Leeds

    MS · 1 Year · Full-time · Leeds · 09/2025

    Tariff points: N/A

  • Economics

    University of Brighton

    BSc (Hons) · 3 Years · Full-time · Brighton · 09/2025

    Tariff points: 104/120

  • Economics

    University of Sussex

    BA (Hons) · 3 Years · Full-time · Brighton · 22/09/2025

    Tariff points: 128/147

  • Economics

    Kingston University

    BSc (Hons) · 3 Years · Full-time · London · 22/09/2025

    Tariff points: 120/136

  • Economics

    University of Portsmouth

    BSc Econ H · 3 Years · Full-time · Portsmouth · 22/09/2025

    Tariff points: 120/128

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