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Essential Information
| UCAS Code: |
L100 BSc/Econ |
| Typical Offer (A/AS Levels): |
AAA + AS level B (or C as a fourth A level) or A level AAAB for successful applicants taking 4 A levels inc. Maths and Further Maths. Applicants are encouraged to avoid combinations of subjects with significantly overlapping curricula such as Economics and Business Studies. (Other typical offers) |
| Duration: |
3 Years |
| Essential Subjects |
A Level Maths A |
Introducing Economics
This is our main degree course, offering in-depth study of macroeconomic and microeconomic theory, economic analysis and policy, quantitative techniques including econometrics, a wide range of optional modules in different branches of applied economics as well as advanced economic and econometric theory.
Study Abroad
At the start of Year Two, students may apply to take a variant course, Economics with Study Abroad, which involves an academic year at another European university taken at the end of Year Two and before Year Three of the Warwick course, as part of the ERASMUS scheme.
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Modules
Year One
The First Year, which has five similarly-weighted modules, is a qualifying year for entry into Years Two and Three. There is the possibility of transfer into another Economics degree course at the end of the First Year.
- Module 1: (Core) Macroeconomics 1: basic macroeconomic theories and their application to policy problems of the UK and European Union.
- Module 2: (Core) Microeconomics 1: consumer and producer theory, market structures and welfare economics.
- Module 3: (Core) Quantitative Techniques suite of modules, which includes an introduction to Computing and Data Analysis using the University’s PC network, Mathematical and Statistical Techniques A for students without A level mathematics, or Mathematical and Statistical Techniques B for students with A level mathematics.
- Module 4: (Core) The World Economy: History and Theory: analyses the progress of the British and European economies from the Industrial Revolution to the present within the changing world economic environment.
- Module 5: (Option) From a long list of modules offered by departments including: Economics; Business Studies; Politics and International Studies; Law; Mathematics; Statistics; and French, Spanish, Italian, German and Russian languages at beginners’ or intermediate level.
Year Two
There are four equally-weighted modules in each of the Second and Third Years, with modules being examined at the end of the year in which they are taken.
- Module 1: (Core) Macroeconomics 2: Keynesian/Classical controversies; real sector dynamics; open economy macroeconomics; economic policy.
- Module 2: (Core) Microeconomics 2: consumer and producer theory; industry and general equilibrium; problems of social decisions, information and uncertainty.
- Module 3: (Core) Econometrics 1: multiple regression, simultaneous equations, instrumental variables, maximum likelihood estimation, and computer-based investigation and modelling.
- Module 4: (Option) Chosen from a list of approximately thirty modules offered by the departments of Economics, Business Studies, Politics and International Studies, Statistics and others;
these include Industrial Economics 1; Development Economics; Mathematical Economics 1; Russian Industrialisation; Management Accounting; Financial Theory; Industrial Relations; Marketing Analysis; Politics in the UK; and language modules.
Year Three
- Module 1: (Core) Research in Applied Economics: Students consolidate previous knowledge and develop techniques through individual applied research projects.
- Modules 2, 3 & 4: (Options) Three modules chosen from a long list including a wide range of Economics (and Economic History) options, plus many Business Studies and Politics and International Studies options, as well as modules in Law, Languages and from other Social Science and Arts departments. Examples are: Economic Policy in the UK; Industrial Economics 2; International Economics, Topics in Development Economics; Mathematical Economics 2; Marketing Analysis; Financial Analysis; European Integration; Political Aspects of Environmental Planning; International Law.
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Assessment
In all Economics courses (except Mathematics and Economics) the First Year is a qualifying year so that the final degree classification is determined on the basis of performance in the Second and Third Years. Performance in most Second and Third Year modules in Economics is assessed partly by examination (usually 80%) and partly by written coursework (usually 20%). The strong emphasis on underlying theory and quantification means that mathematical concepts and approaches play a significant role in the core modules and some options. An A Level in Mathematics is required for entry to L100 Economics and L112 Industrial Economics,but not to joint degrees in Economics and another discipline. Many students have an A Level in Economics, but the latter is not required. Students without it who enter L100 Economics are given extra tuition in core economic analysis in the First Year.
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