Economics with Finance BSc (L1N3)

This course will give you a solid grounding in modern economic theory, as well as covering techniques of applied economic analysis and the analytical tools essential for understanding the financial sector.

You'll learn about the basic frameworks of microeconomics and macroeconomics and mathematical and statistical methods for economics. But specialise in financial economics, how money and banking systems operate, monetary policy of central banks and financial markets and the economy.

Photo of undergraduate lecture

At a glance

  • UCAS code: L1N3
  • Entry requirements: A-Level AAA including Maths
  • Three year course
  • Optional placement year (four year course)
  • Optional study abroad year (both three year and four year course options)

Our campus and how we use it:

We timetable teaching across the whole of our campus, the details of which can be found on our campus map. Teaching may take place in a student’s home department, but may also be timetabled to take place within other departments or central teaching space.

Information for disabled students

We welcome disabled students. We're committed to responding effectively and appropriately to individual support needs. We take all practicable steps to ensure that disabled students can participate in their studies without disadvantage, and can make full use of the University's academic and support services.

Overview

Photo of undergraduate studentsIn your first year, you will learn the key macroeconomic and microeconomic principles together with mathematical and statistical techniques for economics. You will do an introductory finance for economics module and then one optional module to study the areas you find the most interesting.

Your second year will learn more about core macroeconomic and microeconomic theory together with a further maths module and an introduction to econometric analysis. Additionally, you'll do a module on money, banking and finance, and have options to expand your skills and apply economics to important topics such as competition policy and social welfare.

Having learned the core skills, you will be able to apply them to a wide variety of optional modules in your final year, including labour economics, health economics, education economics and political economy. You will do modules in monetary economics and modern finance, and either advanced macroeconomics or microeconomics. There’s also the opportunity to undertake a dissertation.

Modules

The content of our courses is reviewed annually to make sure it's up-to-date and relevant. Individual modules are occasionally updated or withdrawn. This is in response to discoveries through our world-leading research; funding changes; professional accreditation requirements; student or employer feedback; outcomes of reviews; and variations in staff or student numbers. In the event of any change we'll consult and inform students in good time and take reasonable steps to minimise disruption.

Year 1

Core

ECN104 Introductory Finance for Economics (20 credits)

ECN119 Mathematical Methods for Economics 2 (post A level Maths stream) (20 credits)

ECN120 Statistical Methods for Economics (20 credits)

ECN130 Economic Analysis and Policy (40 credits)

Optional

Choose 20 credits from:

ECN108 Economic History of Britain and the Modern World (20 credits)

ECN109 Classical and Contemporary Thinkers in Economics (20 credits)

Year 1 module from another department (20 credits) (subject to availability)

Year 2

Core

ECN201 Intermediate Microeconomics (20 credits)

ECN202 Intermediate Macroeconomics (20 credits)

ECN212 Further Mathematical Methods for Economics (20 credits)

ECN216 Econometrics (20 credits)

ECN220 Money, Banking and Finance (20 credits)

Optional

Choose 20 credits from:

ECN218 Applied Macroeconomics (20 credits)

ECN221 The Economics of Social Issues (20 credits)

Year 2 module from another department (20 credits) (subject to availability)

Optional placement year or year abroad

Year 3 or 4

Core

ECN324 Monetary Economics (20 credits)

ECN357 Modern Finance (20 credits)

Choose one of the following:

ECN301 Topics in Advanced Microeconomics (20 credits)

ECN302 Topics in Advanced Macroeconomics (20 credits)

Optional

Choose modules to the value of 60 credits from:

ECN301 Topics in Advanced Microeconomics (20 credits) (if not already selected)

ECN302 Topics in Advanced Macroeconomics (20 credits) (if not already selected)

ECN304 Education Economics (20 credits)

ECN305 Political Economy (20 credits)

ECN306 Game Theory for Economists (20 credits)

ECN314 Industrial Organisation (20 credits)

ECN315 Labour Economics (20 credits)

ECN321 International Trade (20 credits)

ECN331 Economics Undergraduate Dissertation 1 (20 credits)

ECN332 Economics Undergraduate Dissertation 2 (20 credits)

ECN340 Further Econometrics (20 credits)

ECN346 Development Economics (20 credits)

ECN353 The International Economy (20 credits)

ECN354 Health Economics (20 credits)

ECN358 Economic Analysis of Inequality and Poverty (20 credits)

Year 3 module from another department (not more than 20 credits) (subject to availability)

Placement year

This course gives you the opportunity to do a year-long paid work placement and gain a degree 'with Employment Experience'.

These placements provide valuable work experience and enable you to apply your economics knowledge and skills in the workplace. Recent student placements have been with the Bank of England, IBM and HM Treasury.

You’ll need to make applications for placements yourself, but guidance and support will be provided through the process by a dedicated Placements Team. Placements are excellent preparation for entering a competitive job market and ideal if you are looking to secure a job after your degree with a top employer.

Find out more

Graduate profile

Jack Eykelbosch - BSc Economics with Finanace (and Employment Experience)

Why did you choose to study your degree with employment experience?

I was keen to get some early work experience which was relevant to my degree. I chose a year in industry as opposed to a summer internship in the Government Economic Service after speaking to previous students. The placement student was more positive arguing that the year is a greater learning curve where you are exposed to taking on greater responsibility. In reflection I feel this was definitely true in the GES.

What was your placement year and why did you choose that organisation?

During my placement year I worked as an Economic Analyst at the Department for Work and Pensions as part of the Government Economic Service. I was keen to apply my interest in economics into a policy based surrounding, and have the opportunity to build relationships with placement students, graduates, senior civil servants and ministers.

What was your favourite experience during your placement year and why?

I thoroughly enjoyed the opportunity to present analysis to senior civil servants, namely Robert Chote and Graham Parker, at the Office of Budget Responsibility in a series of ‘challenge meetings’ in the run up to the March Budget and Autumn Statement 2016. It was the most challenging and rewarding experience; I had to make sure the analysis was clearly understood by presenting thoroughly and confidently.

There were also lots of opportunities to attend high-profile talks across Whitehall, for example I really enjoyed the think-tank ‘Resolution Foundation ‘series in the run up to the EU referendum and Fiscal events, which was knowledge I transferred into my work and team.

Work aside, the social aspect at DWP was brilliant with nearly 20 placement students and lots of graduates based in the London offices whom I still meet up with.

What are your plans after graduation? How has your course or placement year helped increase your employability?

MSc Economics at the University of Edinburgh and then applying to be a Fast Stream Economist in the GES. The placement year has improved/ given me the skills listed above which I utilised in my final year at Sheffield and hope to apply into another policy environment in the Civil Service.

Careers and employability

Graduates from the Department of Economics are successful in gaining employment after their studies. Our graduates are some of the most sought after and go on to work with the UK’s best employers.

Whether you are pursuing a career as a professional economist, looking to work in finance or something else entirely, a degree in Economics from Sheffield will put you in a very strong position in the job market. Recent graduates are now working for Deutsche Bank, PwC, Rolls-Royce and the National Audit Office.

Browse our careers and employability pages

Learning and assessment

Find out how you'll learn and be assessed overall including teaching methods and assessment methods.

Find out more about Learning and assessment

Entry Requirements
Qualification Grades
A-Levels AAA including Maths
A Levels + Extended Project Qualification AAB including B in Maths + A. The Extended Project should be in a relevant subject
International Baccalaureate 36, 6 in Higher Level Maths
BTEC DD + grade A in A-Level Maths

Other requirements

  • General Studies accepted
  • International students need overall IELTS grade of 6.5 with a minimum of 6.0 in each component, or an equivalent English language qualification Equivalent English language qualifications

See the online prospectus for other qualifications and entry requirements