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The BSc (Hons) Economics degree offers an in-depth understanding of both microeconomics and macroeconomics, with a focus on econometrics. The program develops critical analytical skills to simplify and address economic issues, both theoretically and empirically. It also provides insights into global and local economic trends, institutions, and policies.
Key Features:
Research-Led Teaching: From the beginning, students engage with research, refining their ability to ask critical questions and undertake their own investigations.
Flexibility: The degree offers a broad range of optional modules across various disciplines such as Law, Mathematics, Computer Science, and Business, allowing students to tailor their studies according to their interests.
Learning Approach:
Final Year and Research Focus:
The final year focuses on research, offering opportunities to consolidate learning through independent projects. Students also choose from a wide selection of optional modules, diving into specific areas of interest.
Teaching and Class Structure:
Assessment Methods: A mix of coursework and final exams, with assessments varying by module.
Established in 1965, the Department has grown into one of the largest and most respected economics departments globally. The Department of Economics at Warwick is highly regarded: Ranked 1st in the Good University Guide 2025. Ranked 23rd globally in the QS World University Rankings by Subject 2024 for Economics and Econometrics.
Notable alumni achievements:
Professor Oliver Hart: Awarded the Nobel Prize in Economic Sciences in 2016.. Professor James Robinson: Joint recipient of the Nobel Prize in Economic Sciences in 2024.
Research Opportunities: Undergraduates can engage in various research projects within the Department, enhancing their academic experience and contributing to ongoing studies. Students may work as research assistants on faculty projects or pursue independent research under supervision, developing skills in data analysis, critical thinking, and academic writing.
Internships: The Department facilitates connections with employers, offering students opportunities for internships that provide practical experience and industry insights. The Department's annual Careers in Economics Event connects students with organizations offering internships, allowing students to apply theoretical knowledge in practical settings and gain valuable work experience. An optional 30-week placement after the second year, offering invaluable real-world experience and enhancing employability.
Student Clubs: Students can join various societies and clubs related to economics, fostering a community of like-minded individuals and providing platforms for discussion, networking, and professional development. Economics-related societies organise events, guest lectures, and workshops, providing platforms for students to engage with professionals, discuss economic issues, and develop leadership skills.
Availability of study abroad programs or placement years. Students have the opportunity to undertake a study abroad year, extending their degree to four years. Successful completion results in the degree title being amended to include 'with Study Abroad'.
The Department boasts strong employability outcomes, with a significant percentage of graduates securing high-skilled employment or pursuing further study shortly after graduation. Graduates pursue careers in various sectors, including finance, consulting, government, and international organizations, often in roles such as economists, analysts, consultants, and policy advisors.
On-campus recruitment or placement services: The Department organizes events like the Careers in Economics Fair, connecting students with potential employers and providing insights into various career paths. Employers that have participated include: FTI Consulting, Economic Insight, Competition and Markets Authority, CEPA, Handelsbanken, Cornerstone Research, NERA, Compass Lexecon, Ofwat, RBB Economics, The Brattle Group, Home Office, Oxera, Charles River Associates, Grant Thornton, Fathom Consulting, Department for Education, Department for Energy Security & Net Zero, Foreign Commonwealth and Development Office.
Career support and services offered by the university: Students have access to dedicated career consultants, workshops, and resources tailored to economics students, assisting with career planning, job applications, and interview preparation.
Further studies and placement rates: A significant portion of graduates opt for further studies, enrolling in postgraduate programs at renowned institutions. The Department's Graduate Destinations Report 2022 indicates that 25% of respondents pursued further study. The median salary for the 2019/20 cohort was reported at £35,000.
Further Studies: MSc Economics, MSc Finance, MSc Data Science, MSc Business Analytics, MSc Financial Economics, MSc Public Policy, MSc International Development, MSc Economic Data Analysis, MBA, PhD in Economics.
A successful application to this programme requires the application to be strong in all areas, including: Predicted/Current Grades Past Academic Record Personal Statement School referenceApplicants must take the Test of Mathematics for University Admission (TMUA).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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University of Warwick
