Why study Economics at Warwick?
- Our Department of Economics is ranked second in The Complete University Guide 2016 league table and we are one of the top Economics departments in the world. We are currently ranked in the top 30 in the QS World University Rankings 2015/2016 and in the UK top three by all major national league tables.
- Our research rankings underscore our rapid ascent into the top tier of the discipline’s research engines in the UK. In the 2014 Research Excellence Framework (REF), we were ranked joint second nationally for the percentage of research classified as either ‘world leading’ or ‘internationally excellent’.
- We offer many extra-curricular activities to enrich your student experience, including exciting induction activities, such as our flagship Question Time event (previous guests have included Lord Gus O’Donnell, Douglas Carswell, Jacqui Smith and Lord Norman Lamont), undergraduate mentor scheme, guest lecture series, RSC trip and social events. We run a unique Economics Briefing Project enabling you to acquire hands-on, practical experience in data analysis and the application of Economics to the real world.
Professor Robin Naylor
Why study at Warwick
A view from our academics
What will I learn?
This rigorous and challenging degree encompasses many aspects of the pure Economics course, but is designed for students with particular interest in business and industry. It focuses strongly on the application of economic theory to corporate decision-making, while providing a solid grounding in the broader scope of Economics.
Core modules cover modern economic analysis and quantitative methods, teaching you to apply your knowledge of structural models, and mathematical and graphical techniques, to complex world issues and trends, including unemployment, economic growth, and institutional and policy issues. You will also study bespoke modules taught by Warwick Business School, which focus specifically on the interaction between the application of Economics within business and industry. Economics and Industrial Organisation graduates work across business and industry in market analysis, policymaking, forward planning and management.
Common employment sectors include banking, finance, taxation and accountancy. In your first year you will take four core modules – covering micro and macro economics, quantitative methods and foundations of finance – and up to three optional modules. Your second year comprises modules in micro and macroeconomics, econometrics, and two modules in industrial economics looking at market structure and strategic behaviour. Final-year modules cover economics in practice and strategy, market economics and up to four options. You will also complete a Research in Applied Economics project focused on an area that interests you.
How will I learn?
You will have an average of 8–10 hours of lectures and 3–5 hours of seminars per week, plus several short tests, exercises and essays per term. An effective personal tutor system provides individual support to students. The Department is open and welcoming, encouraging one-to-one interaction between our world-leading academics and our students. All our degrees include core modules in economic analysis and quantitative techniques, required modules (which vary with degree course) and optional modules. Great flexibility in the optional modules permits you to either specialise or diversify, also allowing you to select modules outside Economics.
How will I be assessed?
Modules in Economics are typically assessed through a mix of examination and coursework, and almost all of our
students produce a third-year project. In all Economics courses (except Mathematics and Economics, MORSE, MMORSE and Liberal Arts), the first year is a qualifying year; your final degree classification is determined on performance in the second and third years.
What opportunities are there to study abroad?
We support student mobility through study abroad programmes and all students have the opportunity to apply for an intercalated year abroad at one of our partner universities. The Study Abroad Team based in the Office for Global Engagement offers support for these activities, and the Department's dedicated Study Abroad Co-ordinator can provide more specific information and assistance.
A level A*AA including A in Mathematics.
International Baccalaureate 38 points, including 6 in Higher Level Mathematics.
Other Qualifications We welcome applications from students with other internationally recognised qualifications. For more information please visit the international entry requirements page.
Access Courses Access to HE Diploma (QAA-recognised) including appropriate subjects with distinction grades in level 3 units, and grade A in A level Mathematics or equivalent.
Warwick International Foundation Programme (IFP) All students who successfully complete the Warwick IFP and apply to Warwick through UCAS will receive a guaranteed conditional offer for a related undergraduate programme (selected courses only). For full details of standard offers and conditions visit the IFP page.
General Studies/Critical Thinking Offers exclude General Studies and Critical Thinking at A2 or AS level. Other qualifications.
A level and Higher Level Mathematics. Applicants are encouraged to avoid combinations of subjects with significantly overlapping curricula such as Economics and Business Studies.
Taking a gap year Applications for deferred entry are welcome.
Interviews We do not typically interview applicants.Offers are made based on your predicted and actual grades, along with your personal statement. Occasionally, some applicants may be interviewed, for example candidates returning to study or those with non-standard qualifications.
Open Days All students who have been offered a place are invited to Departmental Open Days. Find out more about our main University Open Days and other opportunities to visit us.
What modules could I study?
Your first year core modules could include Macroeconomics 1; Microeconomics 1; Quantitative Techniques; Foundations of Finance and up to 3 optional modules.
Second year core modules may include Macroeconomics 2; Microeconomics 1; Econometrics 1; Industrial Economics 1: Market Structure and Industrial Economics 1: Strategic Behaviour.
Examples of core modules in your final year are Industrial Economics 2: Practice and Strategys; Research in Applied Economics; Industrial Economics 2: Market Economics, Competition and Regulation and up to 4 optional modules.
You can choose from a wide range of optional modules from Economics or other University Departments that allow you to engage with a range of perspectives. You are free to take modules from other departments, which may include Warwick Business School, Politics and International Studies, Law, Mathematics, Statistics or Languages, that are listed on the approved modules. You can request to take other modules outside the Department using the unusual options request form with your proposed modules judged on the extent to which they fit with your other studies. Please note that some optional modules need approval.
* This is not an exhaustive list and the modules mentioned above may be subject to change. Please visit the department website for more detailed information.
Where can my course take me?
Some of our recent graduate destinations include: Management Consultant, Ernst and Young; Financial Analyst, Goldman Sachs; Associate Economics Consultant, PriceWaterhouseCoopers; House of Commons, Parliamentary Assistant; British Red Cross, Fundraising Strategy Research Intern.
A level: A*AA including Mathematics
IB: 38 points including 6 in Higher Level Mathematics.
Degree of Bachelor of Science (BSc)
3 years full time (30 weeks per academic year)
Department of Economics
Location of study
University of Warwick, Coventry
£9,000 per year - find out more about fees and funding
Other course costs
There may be costs associated with other items or services such as academic texts, course notes, and trips associated with your course. For further information on the typical additional costs you should contact the department administering the course.
This information is applicable for 2017 entry.