Economics

Study mode:On campus Study type:Full-time Languages: English
Local:$ 11.5 k Foreign:$ 21.1 k  
149 place StudyQA ranking:9037 Duration:36 months

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About

Our BA Economics concentrates on the fundamental theories and techniques to help you build a successful career in this competitive field. Taking in historic and current, domestic and international perspectives, you’ll develop an in-depth understanding of the subject at all levels.

Students on this programme learn through a combination of lectures, seminars, workshops, informal but scheduled one-on-one support, and self-directed learning, such as research, reading, and writing.

All of these are supported by a state of the art virtual learning environment, Durham University Online (DUO). Seminars and workshops are much smaller groups than lectures, small enough to allow one-on-one interaction with professors, lecturers, and sometimes external speakers. Workshops also allow hands-on experience of the kind of work professional economists perform.

This emphasis on small-group teaching reflects a conscious choice to enhance the quality of the learning experience rather than the quantity of formal sessions. In fact, the degree programme is designed to feature fewer formal sessions and more independent research as students move from their first to their final year. Small-group teaching and one-on-one attention from the personal academic advisor (provided for all students when they enter the programme) are part of the learning experience throughout, but by the final year classroom time gives way, to some extent, to independent research, including a capstone dissertation - supported by one-to-one supervision that makes up a third of final year credits.

In this way the degree programme systematically transforms the student from a consumer of knowledge in the classroom to a generator of knowledge, ready for professional or postgraduate life. These formal teaching arrangements are supported by “drop-in” surgeries with teaching staff and induction sessions that begin in the week before the start of the programme and continue at key times throughout each year of the programme.

Students can also attend an extensive programme of research-focused seminars where staff and visiting scholars present their cutting edge research.

Content

Year 1

In the first year, in addition to the compulsory modules of Principles of Economics, Economic Methods, and The World Economy, you choose three further optional modules from a selection that includes:

  • Accounting and Finance in Business
  • Introduction to Environmental Economics
  • Introduction to the History of Economic Thought
  • People Management and Organisations
  • Marketing Principles
  • New Venture Creation
  • A module chosen from another department, which could include a foreign language.

Year 2

In the second year, you study three compulsory modules investigating Macroeconomics, Microeconomics and Economic Data Analysis, and choose three optional modules from a selection including:

  • Behaviourial and Exeperimental Economics
  • Business Competition
  • Corporate Finance
  • Economics of Social Policy
  • European Economics
  • Intermediate Methods for Economics and Finance
  • One module from another department, which could include a foreign language.

You could spend the third term of your second year studying economics modules at either the University of Trento or the University of Pisa. Students who choose this option study five Durham modules before going to Italy for the Easter term. The Durham May/June examinations are taken whilst in Italy.

Year 3

In the third year, you study a compulsory double module in which you write a Dissertation. In addition, you study four optional modules from a selection that includes:

  • Advanced Macroeconomics
  • Advanced Microeconomics
  • Applied Econometrics
  • Development Economics
  • Environmental Economics and Policy
  • Financial Theory and Corporate Policy
  • History of Economic Thought
  • Industrial Organisation
  • International Economics
  • Labour Economics
  • Monetary Economics
  • Public Economics
  • Security Investment Analysis
  • One module from another department.

Subject requirements, level and grade

In addition to satisfying the University’s general entry requirements, please note:

  • For all Single and Joint Honours degrees involving Economics, including Philosophy, Politics and Economics, we require you to obtain a Grade A at A-level Mathematics or its equivalent. For students taking the IB we are happy to accept either Higher Level grade 6 or Standard Level grade 7.
  • If an applicant is taking Mathematics and Further Mathematics, a further two subjects must be taken at A2-level. Applicants are encouraged to avoid studying both Economics and Business Studies A2-levels
  • We do not accept Advanced Higher Statistics as a substitute for AH Mathematics. If you are taking both of these subjects at this level then a further two Advanced Highers are necessary.
  • If you are studying for the IB Diploma please note that we do not accept Mathematical Studies at standard level instead of standard level Mathematics.
  • We welcome applications from those with other qualifications equivalent to our standard entry requirements and from mature students with non-standard qualifications or who may have had a break in their study. Please contact our Admissions Selectors
  • Mathematics at A-level or equivalent is required
  • You are not required to have A-Level Economics, however for anyone taking this subject this will form part of the offer made to you
  • We do not include General Studies or Critical Thinking as part of our offer
  • If you do not satisfy our general entry requirements, the Foundation Centre offers multidisciplinary programmes to prepare you for a range of specified degree programmes
  • We are willing to consider applications for deferred entry from those who have well-structured plans for work or travel, for example. We may, however, need to restrict the number of deferred entry offers we make because we have to be careful not to fill too many of next year’s places in advance. However, if you do apply for a deferred place and are unsuccessful, you are welcome to reapply the following year.

Preferred Tests:

a. IELTS: 6.5 (no component under 6.0)

b. TOEFL iBT (internet based test): 92 (no component under 23)

c. Cambridge Proficiency (CPE): Grade C

d. Cambridge Advanced (CAE): Grade A

e. Cambridge IGCSE First Language English at Grade C or above [not normally acceptable for students who require a Tier 4 student visa]

f. Cambridge IGCSE English as a Second Language at Grade B or above [not normally acceptable for students who require a Tier 4 student visa]

g. GCSE English Language at grade C or above

h. Pearson Test of English (overall score 62 (with no score less than 56 in each component))

Alternative accepted tests when those listed in a.-h. above are unavailable to the applicant (if the applicant requires a Tier 4 visa to study, advice on the suitability of these alternatives must be sought from the Student Recruitment and Admissions Office):

i. Certificate of Attainment (Edexcel)

j. GCE A-levels (AQA, CIE, Edexcel, CCEA, OCR, WJEC) at grade C or above in an essay based, humanities or social science subject from the following list: History, Philosophy, Government and Politics, English Language, English Literature, Geography, Religious Studies, Economics, Business Studies, Law and Sociology. Modern or Classical Languages are not acceptable in meeting this requirement.

k. International Baccalaureate with a minimum of grade 5 in Standard Level English or a minimum of grade 5 if taken at Higher Level.

l. NEAB (JMB) Test in English (Overseas)

m. Singapore Integrated Programme (SIPCAL) at grade C or above in an essay based, humanities or social science subject from the following list: History, Philosophy, Government and Politics, English Language, English Literature, Geography, Religious Studies, Economics, Business Studies, Law and Sociology. Modern or Classical Languages are not acceptable in meeting this requirement.

n. Singapore Polytechnic Diploma and Advanced Diplomas at GPA 3.0 or above

o. WAEC and NECO Grade B3 or above from Nigeria and Ghana

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