Economics Subject Guide | Why Study Economics At Uni?

What's on this page?

Study options
Chat to a current economics student
Subjects it's useful to have studied first
Careers: Where it can take you
Getting in: Entry requirements
Other subjects you may be interested in
Considering an apprenticeship?
Explore further
Application advice

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

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Some conversation starters for you:

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

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Christine

Staffordshire University

Accounting and Finance

My future career plans are centered on building a strong foundation in accounting and finance, with a key goal of attaining the ACCA certification to enhance my expertise in global financial standards. As someone born and raised in the UAE with Filipino roots, I have had the privilege of a multicultural upbringing that has shaped my worldview. My positive experience as an international student further broadened my horizons, helping me develop adaptability and resilience—qualities that I will carry into my career. In addition to my professional ambitions, I also have a deep passion for baking, which allows me to blend creativity with precision, much like in finance.

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Andzhela

City St George's, University of London

Economics BSc (Hons)

Hi, my name is Angela and I am currently studying Economics at City. I was born in Smolyan, Bulgaria, however, I moved to London when I was 13. Ever since, I have enjoyed living and studying here as I strongly believe that a bad day in London is still better than a good day anywhere else! As an Economics undergraduate, I hope to secure a career in the financial industry. So far, my experience at the university has been very satisfying. I was recently appointed to be one of City’s brand ambassadors, which allows me to do what I love i.e. to communicate with different people. Given my knowledge and the skills I have secured in the past, I will be looking forward to receiving your questions and helping out as much as I can, so feel free to ask.

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Gabija

University of Aberdeen

Accountancy MA

Hoping to become an accountant and try and get the Chartered status. I have lived in Aberdeen for 7 years. I first came here to study engineering, however, due to health issues I had to drop out. Returned back in September 2024 but now I am studying MA Accountancy. Will most likely switch to MA Accountancy and Finance.

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Dhruv

University of East Anglia UEA

Economics

Hi! I'm Dhruv, a final year BSc (H) Business Finance and Economics with a placement year student at UEA. I've been here in the UK since September 2021. I am from the capital city of India, New Delhi. If you have any questions regarding courses at the Uni, International Students life, Life in the UK, Tips for setting in, etc. Please reach out to me! I would love to answer all your questions and looking forward to welcome you at UEA.

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Aditi

University College Birmingham

Finance and Accounting

I am Aditi Ghevade, from the city of Mumbai, India. Currently pursuing my postgraduate studies in Finance and Accounting, I find immense joy in delving into the intricacies of financial systems and exploring the world of numbers. Fluent in English, Hindi, Marathi, and even French, my multicultural and multilingual background has equipped me with a versatile skill set.

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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.

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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!

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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).

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Bryan

Northeastern University London

Economics BCs (Hons)

Hi my name is Bryan Kaplan, and I’m a third and final year student studying for a (Hons) BSc in Economics with Creative Writing at Northeastern University London. I moved abroad around four years ago and have a huge passion for creative writing. I’m currently a published author, and in the future I want to pursue a career in publishing and economic research pertaining to the link between creative arts and the economy. Feel free to reach out at any time!

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Aayan

City St George's, University of London

Actuarial Science BSc (Hons)

I did my Foundation year from INTO City, University of London. Currently doing BSc Data Analytics and Actuarial Science. I plan to work in Data / AI Field, I have strong interest in Trading and Content Creation 😊.

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Ameera

City St George's, University of London

Economics with Accounting BSc (Hons)

Hi!! I’m Ameera!! I’m someone who’s always been drawn to the world of finance, and my goal is to break into banking. Other than that, I am also interested in creating my own business and being an entrepreneur as well!!

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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!

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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.

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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:)

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Erin Miria

University of Glasgow

Economics [BAcc/BSc/MA/LLB/MA(SocSci)]

Hey there! I'm Erin, a final year undergrad studying Economics. Although I was born and raised in the UAE, I am originally from India. When I was applying to UofG, I turned to Unibuddy for the inside scoop on student life. Now, I'd love to pay it forward and help out new students. Go ahead and ask me anything about the university and my own experience, and I'll get back to you ASAP!

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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.

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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!

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Charles

Swansea University

Finance, BSc (Hons)

I am a second year student at Swansea University. I am studying Finance and I am currently seeking internships in the Financial industry. In my spare time I like to compete nationally at Cross Country running. For example competing in BUCS and the Gwent league.

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Emmanuela

Swansea University

Economics, MSc

Hiya!😊 I'm Ella, a Swansea Uni BSc. Economics Graduate🎓. I am returning for my postgrad degree in Economics once again😁. I love nature🏝, having fun, exploring random things that make me curious, mathematics and most importantly constructing architectural designs. My favourite motivational quote is "have the confidence to know your self worth and the strength to chase your dreams". I'll be glad to assist and answer any question to the best of my abilities. 🚀Cheers!

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Ganiu Ola

Bangor University

Accounting, Banking & Finance

Hello everyone! My name is Ganiu Olamilekan Durowoju, but you can call me Ola. I’m currently in my final year at Bangor University, studying Accounting and Finance. I specifically chose Bangor University because the Bangor Business School is renowned for its excellence in higher education within the UK. During my second year, I engaged in the University Business Challenge (UBC), a dynamic competition designed to enhance employability through practical business simulations. This experience developed my skills in analytics, time management, influencing, and leadership. In the world of numbers, I feel right at home! My passion lies in data analysis and the exciting world of investment. This led me to create investment portfolios, and I hope to build a career in this dynamic field. My future goal is to become a finance manager! I'm thrilled about the prospect of helping companies make profit-maximising investment decisions. To excel in this field, I'm constantly sharpening my analytical skills. As your Unibuddy, I'm your one-stop shop! Whether you have questions about Business, Accounting and Finance, Bangor University, life in Bangor, or just need a supportive and encouraging ear, I'm here for you! I love sharing my experiences and cheering you on. Looking forward to connecting with all of you! Ola

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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

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

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.