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Economics and Mathematics BSc

Department of Economics

School of Mathematics and Statistics

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    You are viewing this course for 2023-24 entry. 2022-23 entry is also available.

    Key details

    Course description

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    The BSc Economics and Mathematics is a dual honours degree combining advanced mathematical and technical skills with the opportunity to apply these to real-world economic policy.

    In your first year you will focus primarily on the mathematics modules, whilst gaining a foundational knowledge of microeconomic and macroeconomic analysis and their roles in economic policy making. In the second and third year, you will be able to choose from a wide variety of modules from both subjects and balance the split between the two subjects evenly.

    These two subjects complement each other very well; you'll develop the analytical skills essential for economists to make sound judgements and mathematics adds another dimension to your experience, making you a highly effective thinker and problem-solver.

    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 Bank of England, Lloyds Bank, IBM, ASOS and Mercedes-Benz.

    Dual and combined honours degrees

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

    Modules

    Our degrees are structured around two pathways that allow you the flexibility to explore the methodological and applied approaches to economics. Throughout your levels of study, these pathways will help guide you through your learning so that you can develop your skills and knowledge and specialise in your chosen pathway in your final year.

    Methodological pathway

    These modules will train you in theoretical, mathematical and statistical methods and you will learn how to to use these tools to analyse economics issues.

    Applied pathway

    These modules provide you with the skills to analyse the economic issues that you're most interested in, whether related to individuals, firms or governments, using the methodological tools you have learned throughout your degree programme. In your final year, you will have the option to specialise in this applied pathway and change your degree to BA Economics.

    Title: Economics and Mathematics BSc course structure
    UCAS code: LG11
    Years: 2022, 2023

    Economics core module:

    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

    Mathematics core modules:

    Mathematics Core 1

    The module explores topics in mathematics which will be used throughout many degree programmes. The module will consider techniques for solving equations, special functions, calculus (differentiation and integration), differential equations, Taylor series, complex numbers and finite and infinite series.

    20 credits
    Mathematics Core II

    The module continues the study of core mathematical topics begun in MS4F1015, which will be used throughout many degree programmes. The module will discuss 2-dimensional co-ordinate geometry, discussing the theory of matrices geometrically and algebraically, and will define and evaluate derivatives and integrals for functions which depend on more than one variable, with an emphasis on functions of two variables.

    20 credits
    Introduction to Probability and Statistics

    The module provides an introduction to the fields of probability and statistics, which form the basis of much of applicable mathematics and operations research. The theory behind probability and statistics will be introduced, along with examples occurring in diverse areas. Some of the computational statistical work may make use of the statistics package R.

    20 credits
    Numbers and Groups

    The module provides an introduction to more specialised Pure Mathematics. The first half of the module will consider techniques of proof, and these will be demonstrated within the study of properties of integers and real numbers. The second semester will study symmetries of objects, and develop a theory of symmetries which leads to the more abstract study of groups.

    20 credits

    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

    We provide students with a varied and interactive learning experience. You'll learn by attending lectures and seminars, interactive workshops, tutorials and computer labs. We also incorporate online resources into our teaching, such as online videos, to enhance your studies.

    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

    Assessment

    This degree is primarily exam-based, however you'll also be assessed by 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

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

    A Levels + additional qualifications ABB, including A in Maths + B in a relevant EPQ; ABB, including A in Maths + B in A Level Further Maths. Relevant EPQ topics include Economics, Statistics, Maths or Business

    International Baccalaureate 34, with 6 in Higher Level Maths

    BTEC Extended Diploma Not accepted

    BTEC Diploma DD in a relevant subject + A in A Level Maths

    Scottish Highers + 1 Advanced Higher AAABB + A in Maths

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

    Access to HE Diploma Award of Access to HE Diploma in a relevant subject, with 45 credits at Level 3, including 36 at Distinction (to include 12 Maths units), and 9 at Merit

    Other requirements
    • Native Language A Levels can only be accepted if taken alongside an acceptable A Level subject

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

    A Levels + additional qualifications ABB, including A in Maths + B in a relevant EPQ; ABB, including A in Maths + B in A Level Further Maths. Relevant EPQ topics include Economics, Statistics, Maths or Business

    International Baccalaureate 33, with 5 in Higher Level Maths

    BTEC Extended Diploma Not accepted

    BTEC Diploma DM in a relevant subject + A in A Level Maths

    Scottish Highers + 1 Advanced Higher AABBB + B in Maths

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

    Access to HE Diploma Award of Access to HE Diploma in a relevant subject, with 45 credits at Level 3, including 30 at Distinction (to include 12 Maths units), and 15 at Merit

    Other requirements
    • Native Language A Levels can only be accepted if taken alongside an acceptable A Level subject

    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

    Other qualifications | UK and EU/international

    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.

    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 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, as well as advisory bodies such as the Low Pay Commission. Their research helps shape government policies and aims to improve people's lives. This research also informs what you will be taught in your modules.

    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.

    Department of Economics students are based in 9 Mappin Street. You may have some of your tutorials in this building, but other seminars and lectures may take place within other departments or central teaching space. We are based right in the heart of the campus, which is a great location to walk to many of the other University buildings and head into the city.

    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

    School of Mathematics and Statistics

    Students in a maths lecture

    Staff in the School of Mathematics and Statistics work on a wide range of topics, from the most abstract research on topics like algebraic geometry and number theory, to the calculations behind animal movements and black holes. They’ll guide you through the key concepts and techniques that every mathematician needs to understand and give you a huge range of optional modules to choose from.

    The department is based in the Hicks Building, which has classrooms, lecture theatres, computer rooms and social spaces for our students. It’s right next door to the Students' Union, and just down the road from the 24/7 library facilities at the Information Commons and the Diamond.

    School of Mathematics and Statistics

    Why choose Sheffield?

    The University of Sheffield

      A top 100 university 2022
    QS World University Rankings

      92 per cent of our research is rated in the highest two categories
    Research Excellence Framework 2021

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

    Department of Economics

    Number one economics department for student satisfaction in the Russell Group

    National Student Survey 2021


    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 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.

    School of Mathematics and Statistics

    There will always be a place for maths graduates in banking, insurance, pensions, and financial districts from the City of London to Wall Street. Big engineering companies still need people who can crunch the numbers to keep planes in the sky and trains running on time too. But the 21st century has also created new career paths for our students.

    Smartphones, tablets, social networks and streaming services all use software and algorithms that need mathematical brains behind them. In the age of ‘big data’, everyone from rideshare apps to high street shops is gathering information that maths graduates can organise, analyse and interpret. The same technological advances have created new challenges and opportunities in cybersecurity and cryptography.

    If the maths itself is what interests you, a PhD can lead to a career in research. Mathematicians working in universities and research institutes are trying to find rigorous proofs for conjectures that have challenged pure mathematicians for decades, or are doing the calculations behind major experiments, like the ones running on the Large Hadron Collider at CERN.

    What if I want to work outside mathematics?

    A good class of degree from a top university can take you far, whatever you want to do. We have graduates using their mathematical training in everything from teaching and management to advertising and publishing.

    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

    Not ready to apply yet? You can also register your interest in this course.

    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.

    Our student protection plan

    Terms and Conditions upon Acceptance of an Offer

    2023-2024