Economics BSc

Economics BSc at Loughborough University offers students a comprehensive understanding of how economies function and the factors that influence economic decisions at both individual and macro levels. This program combines theoretical knowledge with practical application, equipping graduates with analytical skills essential for tackling real-world economic challenges. Throughout your studies, you will explore core topics such as microeconomics, macroeconomics, econometrics, development economics, and international economics. The curriculum is designed to develop critical thinking, quantitative analysis, and research capabilities, preparing students for diverse careers in finance, government, policy analysis, consulting, and academia.

Loughborough’s Economics BSc emphasizes a rigorous methodological approach, integrating mathematical techniques and data analysis skills vital in today’s data-driven economy. Students will engage with contemporary economic issues, including global financial markets, economic stability, inequality, and sustainability. The program also offers opportunities for practical experience through internships, projects, and collaborations with industry partners, fostering a deeper understanding of economic applications in the real world.

The teaching staff are experienced academics and practitioners committed to providing high-quality education and research-led teaching. The university boasts state-of-the-art facilities, including specialized computing labs and access to leading economic research tools. Students benefit from a supportive academic environment and extracurricular activities, including seminars, guest lectures, and economic clubs, to enhance learning and networking opportunities.

Graduates from the Economics BSc at Loughborough are well-prepared for the competitive job market, with many securing roles in finance firms, governmental agencies, international organizations, and consulting companies. The program also offers a solid foundation for postgraduate study and research in economics or related fields. Overall, this program aims to nurture analytical minds with a global perspective, empowering students to make impactful contributions to society through economic insight and innovation.

Contents

Programme Structure

The Postgraduate Research Programme leading to the degree of PhD is based on individual research in all three years of the full-time programme (equivalent to five years part-time). However, for full-time candidates, first year research is combined with compulsory enrolment on taught Doctoral modules.

The MPhil programme is based on individual research for 2 years full time (3 years part time). However, as with the PhD programme, for full time candidates, the first year of research is combined with compulsory enrolment on taught Doctoral modules.

A bachelor's degree in Economics at Loughborough University typically requires students to complete a combination of core modules and optional courses over the duration of the program. The curriculum is designed to provide a comprehensive understanding of economic theory, quantitative methods, and their applications in real-world contexts. Students are expected to engage with fundamental subjects such as Microeconomics, Macroeconomics, and Econometrics in the first year, establishing a solid foundation in economic principles and analytical skills. As they progress into the second and third years, students have the opportunity to specialise through optional modules that cover areas like Development Economics, International Economics, Financial Economics, and Public Economics. To graduate, students must achieve a minimum number of credits, typically around 120 per academic year, with a requirements to pass all core modules and a specified number of elective modules. Practical components, including coursework, presentations, and group projects, are integral to the assessment process, aiming to develop both theoretical understanding and practical skills. Additionally, students are encouraged to undertake internships or study abroad options to enhance their employability and practical experience. The program emphasizes quantitative analysis and the use of statistical software such as Stata and R, equipping students with valuable technical skills relevant to various economic sectors. Throughout their studies, students are also expected to participate in seminars, workshops, and lectures delivered by academic staff and industry experts, fostering a well-rounded perspective on contemporary economic issues. At the end of the program, students are typically required to submit a dissertation or research project that demonstrates their ability to apply economic theories and methods to real-world problems. Overall, the program aims to produce graduates with strong analytical capabilities, economic insight, and prepared for careers in finance, government, consultancy, or further academic study. The admissions process considers academic achievement, personal motivation, and in some cases, relevant work experience or interview performance.

Funding for the BSc Economics programme at Loughborough University is available through a variety of sources designed to support both domestic and international students. Students are encouraged to explore the options for scholarships, bursaries, grants, and student loans to assist with tuition fees and living expenses throughout their studies. The university offers a range of scholarships specifically aimed at high-achieving students, including merit-based awards that can significantly reduce the financial burden. International students may also be eligible for specific scholarships tailored to their region or country of residence, which are awarded based on academic excellence and potential.

In addition to university-specific funding, students can access government student loan schemes. For UK residents, Student Finance provides loans for tuition fees and maintenance, which are repayable based on income once the graduate is earning above a certain threshold. International students should explore external funding options offered by their home countries or international organizations. Loughborough also offers bursaries and hardship funds for students experiencing financial difficulties, ensuring that financial constraints do not hinder educational opportunities.

Part-time work opportunities are available on campus and in the surrounding area, allowing students to gain work experience and earn supplementary income during their studies. The university’s Careers Network provides guidance on employment and financial planning, including advice on part-time jobs, internships, and placement opportunities that can complement academic pursuits. Additionally, students are encouraged to apply for joint funding or sponsorship programs through industry partnerships, particularly for those interested in combining their studies with work-based projects.

International students should be aware of additional expenses such as visas, health insurance, and travel costs. While the university does not offer specific financing for these expenses, students are advised to plan their budgets accordingly and seek appropriate international student support services. Overall, Loughborough University offers comprehensive financial support options tailored to meet the diverse needs of its students, enabling access to high-quality economics education while managing the financial challenges associated with higher education.

The BSc Economics program at Loughborough University offers a comprehensive and rigorous curriculum designed to equip students with a deep understanding of economic theory and its practical applications. The programme explores core aspects of microeconomics and macroeconomics, providing students with the analytical skills necessary to understand complex economic issues at both national and global levels. Throughout their studies, students engage with quantitative methods, including statistical analysis and econometrics, to interpret data and support informed decision-making.

The curriculum emphasizes the development of critical thinking and problem-solving abilities, enabling graduates to analyze economic challenges and propose effective solutions in diverse sectors such as finance, government, consulting, and international organizations. Students have the opportunity to enhance their learning through a variety of modules, including international economics, economic development, behavioral economics, and public policy. The program also offers pathways to specialize in areas like finance, policy analysis, or international economics, depending on students’ interests and career aspirations.

Loughborough University’s focus on practical application means students benefit from case studies, project work, and seminars with industry experts. The program often integrates experiential learning opportunities, including placements, allowing students to gain real-world experience that complements their academic knowledge. Additionally, the university provides state-of-the-art facilities, including dedicated economics laboratories and access to extensive research resources, ensuring students are well-supported throughout their academic journey.

Graduates of the BSc Economics program are well-prepared for employment or postgraduate study. The program’s emphasis on quantitative skills, critical analysis, and real-world applications makes graduates highly attractive to employers within finance, consultancy, government agencies, and international organizations. Furthermore, the university’s strong links with industry and alumni network facilitate networking and career development opportunities. Overall, this program aims to provide a robust foundation in economic theory and practice, equipping students with the skills and knowledge necessary to succeed in an increasingly complex economic environment.