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Economics BSc

Department of Economics

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You are viewing this course for 2022-23 entry.

Key details

Course description

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You have the same core and optional modules on the BA Economics and BSc Economics course in the first and second years. At the end of the second year you will need to decide if you want to study for the BA Economics or BSc Economics. This will determine the modules you can choose to study in your final year.

The BSc Economics allows you to specialise in methodological modules and learn rigorous quantitative and analytical skills, whilst also having the opportunity to learn about real-world economic policy.

You'll receive training in advanced methods, particularly mathematical and statistical through the methodological pathway of modules. You'll also be able to apply these methods to a variety of economic problems in modules in the applied pathway.

Year one will build the foundation for the rest of your degree. You'll study core economic principles and theories, and develop your core quantitative skills in mathematical methods for economics.

In year two you'll build on your toolkit of theoretical and quantitative skills. Modules in your final year will give you cutting-edge training in analytical methods.

By choosing a dissertation, you'll have the chance to demonstrate your ability to independently undertake an extended piece of research and apply advanced methods to the analysis of a specific economic problem of your choice. Or, if you don't want to do a dissertation, you can carry out a number of shorter projects.

Degrees with employment experience

We offer you the chance to do a year-long work placement, starting after your second year. This is a great opportunity to get paid work experience with some of the UK's top employers who want to recruit the best students from Sheffield. Recent placements have been with the Bank of England, Lloyds Bank, IBM, ASOS and Mercedes-Benz.

9 Mappin Street the home of the Department of Economics - image

Modules

The modules listed below are examples from the last academic year. There may be some changes before you start your course. For the very latest module information, check with the department directly.

Our degrees are structured around two pathways: a Methodological pathway and an Applied pathway. These pathways are designed to help guide you through your learning so you can see how your knowledge and skills develop during each year of study . 

Modules on the Methodological pathway give you the opportunity to train in theoretical, mathematical and statistical methods. You will learn how we use these tools to analyse economic issues.

Modules on the Applied pathway give you the opportunity to analyse the economic issues that you’re most interested in, whether related to individuals, firms or governments, and to apply the tools you have learnt on the methodological pathway.

There's the option to switch to the BA Economics course after completing the second year and specialise in the applied pathway of modules.

Title: BSc Economics course structure
UCAS code: L101
Years: 2021

Methodological pathway:

Economic Analysis and Policy

This is a compulsory module for all single and dual honours students in Economics. The module provides students with an introduction to microeconomic and macroeconomic analysis together with examples of their application in order to develop students' understanding of the roles of both in economic policy making.

40 credits
Mathematical Methods for Economics 2

The aims of this module are: 1. To give an insight into the importance of mathematical methods in economic analysis. 2. To introduce a range of mathematical techniques. 3. To give an understanding of how and when to apply the techniques. The module will include revision of basic concepts, algebra, equations, exponential and logarithmic functions, differential calculus, optimisation, geometry

20 credits
Statistical Methods for Economics

The aims of the module are: 1. To introduce statistical methods and provide an insight into their uses in economics. 2. to demonstrate application of a range of statistical techniques to economic problems. Topics include collection and presentation of data, descriptive statistics, probability and applications, statistical inference, correlation and regression.

20 credits

Optional modules:

Introductory Finance for Economics

This module introduces students to the financing and investment decisions that financial managers make, and the financial market context in which those decisions are made. Its aim is to provide a solid grounding in the basic concepts of finance for economists, focusing in particular on theoretical analysis and problem solving.

20 credits
Classical and Contemporary Thinkers in Economics

This module introduces students to a range of classical and contemporary economists, including the founders of the discipline and some Nobel Prize winners, past and present. For each economist, a senior member of the department will give a short biography, outline their contributions to the discipline of economics and the development of the subject, and explain how they have influenced their own thinking and research that is undertaken in economics today. Examples of the contribution of these economists to a range of economic issues will be used to illustrate the continuing relevance and application of their ideas.

20 credits
Economic History of Britain and the Modern World

This module surveys the economic history of Britain since the mid-eighteenth century (in the first semester) and of the global economy (in the second semester) in order to better understand the forces which determine why some people and countries are rich, and have the capacity for sustained economic growth, whereas others are poor. In particular, we wish to understand the role of government and institutions in driving or retarding economic development, and to provide ideas from the comparative experience of different countries about what policies have been successful in enabling poor people and countries to escape from poverty.

20 credits

Plus a limited number of level one modules from outside the Department of Economics.

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. We are no longer offering unrestricted module choice. If your course included unrestricted modules, your department will provide a list of modules from their own and other subject areas that you can choose from.

Learning and assessment

Learning

You'll learn through attending lectures, online videos, interactive workshops, tutorials and computer labs.

We invest to create the right environment for you. That means outstanding facilities, study spaces and support, including 24/7 online access to our online library service.

Study spaces and computers are available to offer you choice and flexibility for your study. Our five library sites give you access to over 1.3 million books and periodicals. You can access your library account and our rich digital collections from anywhere on or off campus. Other library services include study skills training to improve your grades, and tailored advice from experts in your subject.

Learning support facilities and library opening hours

You’ll be taught by some of the top economic experts in their fields, who care passionately about their subject. Our staff advise government departments in the UK such as the Department for Work and Pensions, the Department for Education and the Low Pay Commission. Their expertise helps shape government policies and aims to improve people’s lives.

Assessment

You'll be assessed mainly through exams. But you'll also complete written coursework, computer-based assignments, research projects, presentations and reports to assess the range of knowledge and skills that an economist needs.

Programme specification

This tells you the aims and learning outcomes of this course and how these will be achieved and assessed.

Find programme specification for this course

Entry requirements

With Access Sheffield, you could qualify for additional consideration or an alternative offer - find out if you're eligible

Standard offer
Access Sheffield offer

The A Level entry requirements for this course are:
AAB
including Maths

The A Level entry requirements for this course are:
ABB
including Maths

A Levels + additional qualifications | ABB, including Maths + B in a relevant EPQ ABB, including Maths + B in a relevant EPQ

International Baccalaureate | 34, with 5 in Higher Level Maths 33, with 5 in Higher Level Maths

BTEC | DD + A in A Level Maths DM + A in A Level Maths

Scottish Highers + 1 Advanced Higher | AAABB + B in Maths AABBB + B in Maths

Welsh Baccalaureate + 2 A Levels | B + AA, including Maths B + AB, including Maths

Access to HE Diploma | 60 credits overall in a relevant subject, with 45 credits at Level 3, including 36 credits at Distinction (to include 12 Maths units) and 9 credits at Merit 60 credits overall in a relevant subject, with 45 credits at Level 3, including 30 credits at Distinction (to include 12 Maths units) and 15 credits at Merit

Mature students - explore other routes for mature students

English language requirements

You must demonstrate that your English is good enough for you to successfully complete your course. For this course we require: GCSE English Language at grade 4/C; IELTS grade of 6.5 with a minimum of 6.0 in each component; or an alternative acceptable English language qualification

Equivalent English language qualifications

Visa and immigration requirements

Pathway programme for international students

If you're an international student who does not meet the entry requirements for this course, you have the opportunity to apply for an International Foundation Year in Business, Social Sciences and Humanities at the University of Sheffield International College. This course is designed to develop your English language and academic skills. Upon successful completion, you can progress to degree level study at the University of Sheffield.

We also accept a range of other UK qualifications and other EU/international qualifications.

If you have any questions about entry requirements, please contact the department.

Department of Economics

We have an international reputation for practical and real-world economics. You'll be taught by some of the top economic experts in their field and you'll receive the latest cutting-edge teaching from people that care passionately about their subject. Our staff advise government departments in the UK such as the Department for Work and Pensions, the Department for Education and the Low Pay Commission. Their expertise helps shape government policies and aims to improve people's lives.

We're one of the few stand alone economics departments in the north of England. Our graduates are in demand by some of the country's top economics employers such as the Bank of England, PwC, IBM and HM Treasury. We're large enough to offer a wide variety of optional specialised modules, but small enough so that you will get to know your tutors personally and build life-long friendships with the other students on your course.

Department of Economics students are based in the heart of the campus in 9 Mappin Street. You'll have some of your tutorials in the small classrooms in this building and lectures in locations across the campus.

Facilities

Our state-of-the-art classrooms are in the same building as our staff offices. You'll also have your own social space with computer access.

Department of Economics

Why choose Sheffield?

The University of Sheffield

  A top 100 university 2022
QS World University Rankings

  Top 10% of all UK universities
Research Excellence Framework 2014

  No 1 Students' Union in the UK
Whatuni Student Choice Awards 2020, 2019, 2018, 2017


Department of Economics

Top 10 in the Russell Group for overall student satisfaction

National Student Survey 2020


Graduate careers

Skills for employment

Employment skills and personal development are embedded throughout our curriculum. All students receive employability sessions in their first year, considering issues such as finding placements or internships, and what jobs you can do with an economics degree.

Our courses have a strong emphasis on data analysis from year one, where you will learn to analyse real data using software including Excel and Stata. You’ll gain independent research skills that are highly valued by employers in your final year Dissertation or Economics in Action module. You will also have the opportunity to get involved in the Sheffield Economics Employability Development (SEED) which is a series of careers events and opportunities to develop your skills for employment. 

Department of Economics

Some of our graduates become professional economists in government, industry or the City. Others enter related professions - banking, ‭insurance, accountancy, sales and marketing, and ‭retail management.

Recent graduates are now working for the Bank of England, HM Treasury, the European Parliament, PwC, Deloitte, IBM and Rolls Royce. Some prefer to advance their knowledge by studying economics at postgraduate level.

Fees and funding

Fees

Additional costs

The annual fee for your course includes a number of items in addition to your tuition. If an item or activity is classed as a compulsory element for your course, it will normally be included in your tuition fee. There are also other costs which you may need to consider.

Examples of what’s included and excluded

Funding your study

Depending on your circumstances, you may qualify for a bursary, scholarship or loan to help fund your study and enhance your learning experience.

Use our Student Funding Calculator to work out what you’re eligible for.

Visit us

University open days

There are four open days every year, usually in June, July, September and October. You can talk to staff and students, tour the campus and see inside the accommodation.

Open days: book your place

Taster days

At various times in the year we run online taster sessions to help Year 12 students experience what it is like to study at the University of Sheffield.

Upcoming taster sessions

Applicant days

If you've received an offer to study with us, we'll invite you to one of our applicant days, which take place between November and April. These applicant days have a strong department focus and give you the chance to really explore student life here, even if you've visited us before.

Campus tours

Campus tours run regularly throughout the year, at 1pm every Monday, Wednesday and Friday.

Book your place on a campus tour

Apply for this course

Make sure you've done everything you need to do before you apply.

How to apply When you're ready to apply, see the UCAS website:
www.ucas.com

The awarding body for this course is the University of Sheffield.

Recognition of professional qualifications: from 1 January 2021, in order to have any UK professional qualifications recognised for work in an EU country across a number of regulated and other professions you need to apply to the host country for recognition. Read information from the UK government and the EU Regulated Professions Database.

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Terms and Conditions upon Acceptance of an Offer

Explore this course:

    2022-2023