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UCL Economics focuses on teaching students to apply economics independently rather than just learning theories. Alongside core modules, you can participate in optional academic support sessions to develop key skills for professional economists.
Taught by leading economists, your professors research critical issues like migration, inequality, and inflation. Many are directors of research centres and advisors to global institutions like the Bank of England and the World Bank. UCL Economics faculty have earned prestigious awards, including the ONS Research Excellence Award and the BBVA Foundation Frontiers Knowledge Award. Modules are worth 15 or 30 credits per year, leading to a total of 120 credits annually. After completing 360 credits, you’ll receive a BSc (Econ) (Hons) in Economics
Year 1: Core modules in economics, applied economics, mathematics, and statistics, with optional modules.
Year 2: Focus on model-building, problem-solving, and quantitative techniques. Core modules in microeconomics, macroeconomics, and econometrics.
Year 3: Choose from a range of optional modules, with one requiring assessed research each term. You can also opt to write a dissertation.
UCL emphasises active learning, encouraging students to engage directly with economic concepts. The programme incorporates:
CORE Econ resources in the first year, focusing on real-world economic issues.
Small group tutorials to foster discussion and deeper understanding.
Research-led teaching, with faculty involved in cutting-edge research and policy advising.
Assessment is continuous and varied, including:
Written examinations
Essays and research projects
Group presentations and video outputs
Quizzes and problem sets
You’ll engage with research-based education informed by UCL’s Centre for Teaching and Learning Economics (CTaLE). First-year students use CORE Econ resources to address global issues and develop policy solutions. The department is globally diverse, with 50-60% international students.
Students can enhance their academic experience through:
Annual research conferences provide platforms to present original research.
Policy Lab events, connecting students with real-world policy discussions.
Summer Internship Scheme: UCL's Summer Internship Scheme offers paid opportunities exclusively to UCL students and recent graduates, including roles in SMEs and start-ups
Skills Development Programs: The department offers extracurricular activities like Skills Lab and Explore Econ, designed to enhance research, analytical, and communication skills.
Economist's Society: This student-led society organises lectures, publishes The Economic Tribune, and hosts events connecting students with professionals and alumni
Career Prospects
Further Education: Approximately 26% pursue graduate studies in fields such as Economics, Data Science, Finance, Computing, and Law, with some attending prestigious institutions like Columbia, Yale, and Chicago.
Employment and Further Study Rates: Over 96% of BSc Economics graduates were in professional employment or postgraduate study 15 months after graduation.
Career Paths: Graduates commonly enter sectors including management, consultancy, accountancy, banking, and public policy.
Starting Salaries: The median starting salary for UCL undergraduates stands at £33,500.
A* in Mathematics required, plus if Economics is offered it must be grade A.GCSEs English Language and Mathematics at grade C or 4.A total of 19 points in three higher level subjects including grade 7 in Mathematics and grade 6 in Economics if offered with no higher level score below 5. The programme will accept either 'Mathematics: Analysis and Approaches' or 'Mathematics: Applications and Interpretation' at higher level.The Year 12/Standard 12 Indian School Certificate awarded by CISCE or CBSE with five subjects at 95, 95, 95, 90, 90.Where A* is required at A Level, 95 will be required in an examination subjectt.t; for A, 90 will be required.This programme does not accept resits. A resit is a second or subsequent attempt to improve a qualification outcome, for which you already hold an award.For the 2026 cycle, alongside the UCAS application, UCL will require all applicants to sit the TMUA (Test of Mathematics for University Admission) run by University Admissions Tests UK.IELTS : Overall score of 7.0 and a minimum of 6.5 in each componentEconomist – 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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