Economics BSc Honours

3 Years On Campus Bachelors Program

Newcastle University

Program Overview

The Economics BSc Honours degree provides a comprehensive and real-world relevant education in global economics, focusing on developing key quantitative skills and a deep understanding of economic principles. Throughout the course, you will explore core topics in both microeconomics and macroeconomics, as well as international economics and development economics. By the end of the program, you will possess the expertise to identify economic problems, predict outcomes, and evaluate policies, making you a sought-after graduate in the job market.

Course Structure:

Stage 1: Foundation in Economics

  • Core Modules: Introduction to fundamental economic issues, core concepts of microeconomics and macroeconomics, and basic mathematical and statistical techniques used in economic analysis.
  • Skills Development: You will also develop essential IT and quantitative skills for analyzing economic data, which are crucial both for your academic progress and future career.

Stage 2: Intermediate Economic Analysis

  • Core Modules: In-depth study of microeconomics, macroeconomics, and econometrics, alongside a module in applied economics that emphasizes group work and presentation skills.
  • Skills Development: The stage focuses on building more advanced analytical and problem-solving skills.

Stage 3: Advanced Specialization and Independent Research

  • Core Modules: Advanced economic theory, with optional modules covering a range of specialized topics such as labour economics, behavioural economics, financial economics, and public economics.
  • Dissertation/Research Project: The culmination of your studies involves undertaking independent research, where you apply your knowledge to a topic of your choice, supervised by a faculty member. This project allows you to contribute to cutting-edge economic research.

Learning Methods:

  • Lectures and Seminars: A mix of lectures, seminars, and group work will enable you to grasp both theoretical knowledge and practical skills.
  • Independent Study: 18% of your learning time will be spent on self-guided study, allowing you to deepen your understanding of specific economic areas.
  • Group Work and Presentations: Develop your communication, teamwork, and critical thinking skills through collaborative projects and presentations on topical economic issues.

Assessment Methods:

  • Examinations (78%): Practical and online exams will assess your ability to apply economic theory and analysis to real-world scenarios.​​
  • Coursework (22%): This includes essays, reports, and projects that test your research, writing, and analytical skills.

 

 

Experiential Learning (Research, Projects, Internships etc.)

Work Placement Year (Optional): Students can undertake a 9–12 month placement between Year 2 and 3, supported by the university's placement team. Past roles: Business Analyst, Consulting Intern, Research Assistant, Student Economist. Employers: PwC, Deloitte, Oxford Economics

Study Abroad Year: Students may study at an international partner university for one year. Graduates earn the degree title:
BSc (Hons) Economics with Study Abroad

Independent Research Project: In the final year, students complete a supervised research project, applying econometric tools to a self-chosen topic.

Additional Learning Opportunities

  • Summer schools
  • Guest lectures from employers
  • Case competitions and real-world projects

Progression & Future Opportunities

According to the UK’s Graduate Outcomes Survey, 84% of graduates are employed or in further study within 15 months of finishing their degree. Earnings are also impressive — on average, graduates earn £33,500 after three years and £43,500 after five years, positioning them well above national averages for economics graduates.

The program opens doors across sectors. Graduates have gone on to work in:

  • Finance (36%)
  • Business and public service associate roles (20%)
  • Economic research and administration (14%)
  • IT and data analysis (6%)

Employers include top global brands and institutions such as Amazon, Barclays, BP, Deloitte, British Airways, EY, KPMG, and Siemens.

Many students also continue their studies by pursuing postgraduate degrees in economics, finance, data science, or public policy, often staying at Newcastle or moving on to other Russell Group institutions.

On campus, students benefit from strong career development support, including job fairs, mock interviews, application workshops, and access to Newcastle’s alumni network. The university reports that 83% of graduates say their job is meaningful, and nearly half (47%) apply their economics degree knowledge directly in their current role — a strong endorsement of the program’s real-world relevance.

Newcastle University's Careers Service provides comprehensive support to students and recent graduates, including:​

  • One-to-One Guidance: Personalised advice on career planning and job applications.​
  • Workshops and Events: Sessions on CV writing, interview preparation, and more.​
  • Job Opportunities: Access to internships, placements, and graduate roles through the 
  • Entrepreneurial Support: Resources for students interested in starting their own business.

 

Program Key Stats

£24,400
£ 29
Sept Intake : 14th Jan


Eligibility Criteria

AAB
3.0
34
80

N/A
N/A
6.5
90

Additional Information & Requirements

Career Options

  • Economist – Analyze economic data and trends to advise governments or private firms
  • Investment Banking Analyst – Support large financial transactions such as mergers or stock offerings through in-depth financial modeling
  • Data Analyst or Data Scientist – Interpret large datasets using tools like Python or R to guide business strategy
  • Actuary – Use mathematics and economics to assess risk in insurance pensions or financial services
  • Management Consultant – Help organizations solve operational and strategic problems to improve performance
  • Financial Analyst – Evaluate company financials and market trends to support investment or budgeting decisions
  • Policy Analyst – Research and evaluate economic and social policies for think tanks or public sector bodies
  • Econometrics or Statistical Analyst – Apply quantitative techniques to test theories and forecast economic outcomes
  • Chartered Accountant – Provide financial reporting tax planning and auditing services for businesses or individuals
  • Economic Researcher – Conduct academic or applied research on economic issues for universities NGOs or global institutions
  • Marketing Analyst – Study consumer behavior and market data to guide pricing promotion and product decisions
  • Financial Risk Analyst – Identify and measure risks in banking investment or corporate finance environments
  • International Development Analyst – Work on poverty reduction economic growth and policy reform projects globally
  • Central Banker – Contribute to financial regulation monetary policy and economic stability in national or international banks
  • Entrepreneur – Launch businesses in sectors like fintech edtech or consulting using economic knowledge to solve real-world problems

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