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The BSc Economics course at the School of Economics is designed to develop advanced quantitative and analytical skills, with a particular focus on mathematical and statistical methods applied to economic analysis and policy. The program provides flexibility, allowing students to specialize in either the methodological pathway (focused on theory, mathematics, and statistics) or the applied pathway (emphasizing practical applications in economics).
Year-wise Breakdown of Modules/Courses
In the first year, students undertake core modules that introduce the fundamental principles of economics and develop essential mathematical and data analysis skills. These modules include Introduction to Microeconomics, Introduction to Macroeconomics, Mathematical Methods for Economics, and Economic Data Analysis.
The second year builds on these foundations with Intermediate Microeconomics, Intermediate Macroeconomics, and Econometrics as core modules. Students also begin to tailor their learning through optional modules, which may include Development Economics, Public Economics, and Labour Economics.
In the third year, students complete a core Dissertation in Economics, conducting independent research on a topic of their choice under academic supervision. They also choose from a range of advanced optional modules such as International Trade, Monetary Economics, Environmental Economics, and Industrial Organization. The selection of modules may vary depending on availability each academic year.
Learning and Assessment Methods
Teaching on the BSc Economics program is delivered through a mix of lectures, seminars, workshops, and group projects. This varied approach ensures that students develop both theoretical knowledge and practical skills. Lectures introduce core content, while seminars and workshops facilitate deeper discussion, analysis, and application.
Assessment methods include a combination of written examinations, coursework essays, presentations, and problem sets. In the final year, students undertake a dissertation, demonstrating their ability to conduct independent economic research. The program is carefully designed to evaluate a range of abilities, including critical thinking, quantitative analysis, and effective written and oral communication.
1st in the Russell Group for learning opportunities, academic support and student voice, National Student Survey (NSS) 2024
Research and Academic Projects:
In the final year, students undertake a dissertation that involves independent research on a chosen economic topic, under the guidance of a faculty supervisor.
An independent research project where students apply economic theories and methodologies to analyze a specific issue or question. This develops critical thinking, data analysis, and academic writing skills.
Internships and Placement Years:
Students have the option to extend their degree to four years by incorporating a placement year in their third year. This provides practical experience and enhances employability.
A year-long work experience opportunity integrated into the degree program, allowing students to apply their knowledge in a professional setting, gain industry insights, and build a network of contacts.
Study Abroad:
The Study Abroad program enables students to spend their third year at one of the university's partner institutions worldwide, extending the degree to four years. This experience allows students to immerse themselves in a different academic and cultural environment.
Student Clubs and Societies:
The Economics Society offers networking events, guest lectures, and social activities, fostering a community among economics students.
A student-led organization that arranges events such as career talks, debates, and social gatherings, providing opportunities for professional development and peer interaction.
A top 20 university targeted by employers The Graduate Market in 2024, High Fliers report Careers and Employability Service:
The university offers a dedicated Careers and Employability Service, providing resources such as
Sheffield Economics Employability Development (SEED) Scheme:
This initiative offers a series of career events and opportunities aimed at enhancing students' employability skills. Participation in SEED allows students to engage with professionals, develop competencies, and gain insights into various career paths.
Recent Sheffield Economics graduates have secured positions at prestigious organizations, including:
These roles span across sectors like public policy, consulting, finance, tech, and corporate management, demonstrating the degree’s broad applicability.
For students interested in deepening their academic understanding or pursuing a specialized area of economics, many opt to continue their education at the postgraduate level. Sheffield graduates have gone on to study MSc and PhD programs in economics, finance, public policy, and data analytics—both in the UK and internationally.
Mathematics is compulsory. IB: 34 points with 5 in HL Maths, or 33 points with 5 in HL Maths and a B in the Extended Essay.You may add an optional placement year or study abroad, making it a four-year program.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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