1. University of Nottingham
  2. Program
  3. Bachelors
  4. BSc Hons Economics and Econometrics

BSc Hons Economics and Econometrics

3 Years On Campus Bachelors Program

University of Nottingham

Program Overview

The BSc (Hons) Economics and Econometrics at the University of Nottingham is designed to provide students with a robust foundation in economic theory, coupled with advanced quantitative and statistical techniques. The program emphasizes the application of mathematical models and econometric methods to analyze real-world data, enabling students to make informed predictions and decisions in various economic contexts. Students have the opportunity to tailor their studies through optional modules in areas such as international trade, financial economics, and labor economics. The program is affiliated with the Granger Centre for Time Series Econometrics, named after Nobel Laureate Professor Sir Clive Granger, reflecting the university's strength in econometric research.

Key Focus Areas

  • Economic Theory: Comprehensive understanding of microeconomics and macroeconomics.

  • Econometric Analysis: Application of statistical methods to economic data for forecasting and policy evaluation.

  • Quantitative Skills: Development of mathematical and statistical competencies essential for economic modeling.

  • Research Proficiency: Engagement in independent research projects, culminating in a dissertation.

  • Specialization Options: Opportunity to explore areas like international trade, financial economics, and labor economics.

  • Career Preparation: Equipping students with skills relevant to sectors such as finance, government, and consulting.

Year-wise Breakdown of Core Modules

Year 1: Foundations

  • Core Modules:

    • Introduction to Microeconomics

    • Introduction to Macroeconomics

    • Mathematical Economics and Econometrics

    • The Politics of Economics and the Economics of Politicians

  • Optional Modules:

    • Current Economic Issues

    • Economic Integration I & II

    • Growth and Development in Long-Run Historical Perspective

Year 2: Intermediate

  • Core Modules:

    • Applied Econometrics I & II

    • Econometric Theory I & II

    • Microeconomic Theory

    • Macroeconomic Theory

  • Optional Modules:

    • Development Economics

    • Environmental and Resource Economics

    • Experimental and Behavioural Economics

    • Financial Economics

    • Industrial Economics

    • International Trade

    • Labour Economics

    • Monetary Economics

    • Political Economy

    • Public Sector Economics

Year 3: Advanced

  • Core Modules:

    • Advanced Econometric Theory

    • Dissertation in Economics

    • Microeconometric Methods

  • Optional Modules:

    • Advanced Development Economics

    • Advanced Experimental and Behavioural Economics

    • Advanced Financial Economics

    • Advanced Industrial Economics

    • Advanced International Trade I & II

    • Advanced Labour Economics

    • Advanced Macroeconomics

    • Advanced Mathematical Economics

    • Advanced Microeconomics

    • Advanced Monetary Economics

    • Advanced Political Economy

    • Advanced Public Economics

    • Economic Policy Analysis I & II

    • International Money and Macroeconomics

    • Numerical Methods in Economics

Learning and Assessment Methods

The program employs a blend of teaching methods to facilitate comprehensive learning:

  • Teaching Methods:

    • Lectures

    • Seminars

    • Tutorials

    • Computer laboratory classes

    • Workshops

  • Assessment Methods:

    • Examinations

    • Essays

    • Presentations

    • Group exercises

    • Dissertation in the final year

Students are expected to engage in substantial independent study alongside scheduled contact hours, which are approximately:

  • Year 1: Minimum of 12 hours per week

  • Year 2: Minimum of 10 hours per week

  • Final Year: Minimum of 8 hours per week

Rankings

The University of Nottingham's School of Economics holds commendable positions in various rankings:

  • QS World University Rankings by Subject 2025: Top 100 globally for Economics & Econometrics.

  • Times Higher Education World University Rankings 2025: Top 80 globally and top 10 in the UK for Economics and Econometrics.

  • The Times and Sunday Times Good University Guide 2025: Ranked 9th in the UK for Economics.

  • IDEAS RePEc Ranking of Economics Departments 2025: Top 40 worldwide and 6th in the UK

Experiential Learning (Research, Projects, Internships etc.)

  • Research Projects:

    • The final year dissertation allows students to conduct independent research on a topic of their choice, enhancing their analytical and research skills.

  • Student Societies:

    • Automatic membership to the student-led Nottingham Economics and Finance Society (NEFS), offering networking opportunities, CV advice, and additional training through their divisions.

Progression & Future Opportunities

  • Career Outcomes:

    • Graduates pursue careers in various sectors, including investment banking, accountancy, mergers and acquisitions, and stock and bond trading.

  • Employability Rate:

    • 89.8% of undergraduates from the School of Economics secured graduate-level employment or further study within 15 months of graduation.

    • The average annual starting salary for these graduates was £33,841.

  • Notable Employers:

    • Graduates have secured positions at top organizations such as Accenture, Bloomberg, Deloitte, J.P. Morgan, Merrill Lynch, U.K. Treasury, and the World Bank.

  • Postgraduate Progression:

    • The program provides a strong foundation for further study in economics or related fields, with graduates progressing to master's and doctoral programs at prestigious institutions worldwide.

Program Key Stats

£9,535
£ 29
Sept Intake : 14th Jan


11 %

Eligibility Criteria

A*AA
3.0
35
75

N/A
N/A
6.5
87

Additional Information & Requirements

Career Options

  • Econometrician – Build statistical models of economic behavior
  • Quantitative Research Analyst – Analyze economic data with precision
  • Forecasting Analyst – Predict trends using econometric methods
  • Policy Evaluator – Measure program outcomes with data models
  • Data Analyst – Work with large datasets in economic contexts
  • Statistical Economist – Interpret empirical findings for decisions
  • Market Research Economist – Model customer and market behavior
  • Academic – Teach and research econometric techniques
  • Impact Analyst – Quantify economic effects of interventions
  • Financial Modeller – Apply econometrics in investment strategy

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