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The BSc Economics program focuses on the mathematical and statistical foundations of economics, equipping students with the tools to model economic behaviors and interpret global trends. The curriculum is designed to provide a deep understanding of economic principles and their applications in various contexts.
Year-wise breakdown of modules/courses
While specific module details are subject to change, the program generally includes:
Year 1: Introduction to foundational principles of economic theory.
Year 2: Advanced topics such as microeconomics, macroeconomics, and quantitative methods.
Year 3: Specialized modules allowing students to focus on areas of interest within economics.
Learning and assessment methods
The program employs a variety of teaching methods, including lectures, seminars, and workshops. Assessments are conducted through examinations, coursework, and practical projects to ensure a comprehensive understanding of the subject matter.
10th in the UK for Economics according to The Times and Sunday Times Good University Guide 2025. The department climbed 19 places to 12th in the UK overall.
Lancaster University Management School (LUMS) is recognized for its research impact, being ranked 5th in the UK by the Financial Times.LUMS is also placed among the best business schools in Europe.
Research Internships: Paid work experience on cutting-edge research projects for eligible undergraduate students.These internships allow students to collaborate with faculty on research projects, enhancing analytical and research skills.
Student Societies: Active participation in societies provides platforms for discussions, events, and networking with professionals and alumni.Example:
Students in the BSc Economics program may choose to spend a year or a term abroad at one of Lancaster’s international partner universities across Europe, North America, Asia, and Australia.Usually taken in Year 2 or 3, depending on the program path.
Benefits include:
Students can also opt for a placement year between Year 2 and Year 3 of their degree, gaining full-time work experience with a UK-based or international company.
Graduates have strong employability prospects:
94% of Accounting and Finance students are in employment 15 months after graduation.
Economics ranked 9th for employability, with 94% of students in employment.
The university offers:
Careers and Employability Service: Provides support in finding work experience, internships, and graduate jobs.
Placement and Internship Programs: Opportunities for paid internships with local companies.
One-on-One Career Coaching: Personalized guidance on career paths and applications.
Workshops and Events: Skill development sessions and networking events with employers.
Lifelong Access: Graduates have lifelong access to career services.
Mathematics is mandatory. IB 35 points overall with 16 points from the top 3 HL subjects, including 6 in Mathematics HL (AA or AI).Ranked 10th for Economics The Times and Sunday Times Good University Guide (2025)Ranked 12th for Economics The Guardian University Guide (2025) Economist – Analyze economic data and trends to advise governments or private firmsInvestment Banking Analyst – Support large financial transactions such as mergers or stock offerings through in-depth financial modelingData Analyst or Data Scientist – Interpret large datasets using tools like Python or R to guide business strategyActuary – Use mathematics and economics to assess risk in insurance pensions or financial servicesManagement Consultant – Help organizations solve operational and strategic problems to improve performanceFinancial Analyst – Evaluate company financials and market trends to support investment or budgeting decisionsPolicy Analyst – Research and evaluate economic and social policies for think tanks or public sector bodiesEconometrics or Statistical Analyst – Apply quantitative techniques to test theories and forecast economic outcomesChartered Accountant – Provide financial reporting tax planning and auditing services for businesses or individualsEconomic Researcher – Conduct academic or applied research on economic issues for universities NGOs or global institutionsMarketing Analyst – Study consumer behavior and market data to guide pricing promotion and product decisionsFinancial Risk Analyst – Identify and measure risks in banking investment or corporate finance environmentsInternational Development Analyst – Work on poverty reduction economic growth and policy reform projects globallyCentral Banker – Contribute to financial regulation monetary policy and economic stability in national or international banksEntrepreneur – Launch businesses in sectors like fintech edtech or consulting using economic knowledge to solve real-world problems
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