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A proper understanding of economics requires historical perspective. The rationalist structure of modern economic theory is a powerful explanatory tool and is of universal significance but the importance of the institutional context is often overlooked. If the reality of scarcity, the exercise of choice and the inescapable nature of opportunity cost are timeless and universal, the social mechanisms, laws, conventions and institutions within which individual and collective choices are made evolve continuously. In his book Structure and Change in Economic History (1981) the recent Nobel Prize winner in economics (Douglas North) wrote that for long enough periods of time to be crucial to the historian, human culture produces diverse, conflicting, and inefficient solutions (p.7).
The degree programme in Economics with History enables students to develop a fuller appreciation of the forces of economic change. It balances the universalist assumptions of the economist with the particularist approach of the historian and helps those who have had little previous acquaintance with economics to understand economic theories through the study of historical examples. Thus, students will be better able to use economic theory and to assess economic policy in ways that take into consideration the differing time paths of legal, political and cultural inheritance. It will be of particular interest to those wishing to pursue careers in public policy, international agencies, journalism or education.
Detailed Course FactsApplication deadline There is no set deadline, however it is recommended to apply at least 3 months prior to the start of the term. Tuition fee
- EUR 11970 Year (EEA)
- EUR 19530 Year (Non-EEA)
July: UK/EU: Year one: £9,610; Year two: £9,800; International: Year one £15,680; Year two £16,000 September: UK/EU Y1, Y2 £11,250; International Y1 £15,840; Y2 £16,000 January: UK/EU £11,250; International £16,000Start date January,July,September 2015 Duration full-time 24 months Languages Take an IELTS test
The Department employs a variety of teaching methods in different modules. Lectures and small group tutorials form the backbone of the teaching. Personal contact with members of the academic staff is considered to be essential if each students personal enthusiasm for their studies is to be stimulated. A range of activities is pursued within the tutorial groups depending upon the module. Some modules emphasise problem solving as a means of reinforcing and cementing the important ideas for example the module in Microeconomic Theory. Occasionally we use game playing to encourage discussion and understanding for example when competing groups of students try to control a computer model of the economy in Principles of Macroeconomics. Other modules place greater emphasis on writing short and accurate technical pieces (Welfare Economics) or longer more discursive papers.
A dissertation on an approved topic may be substituted for a written examination in ONE Second-year elective with the approval of the lecturer concerned and the Head of Department.
English Language Requirements
IELTS band : 6 CAE score : 60(Grade C) TOEFL paper-based test score : 550 TOEFL iBT® test : 79
To study at this university, you have to speak English. We advice you totake an IELTS test. More About IELTS
All applicants must meet the following entry requirements:
- 300 UCAS Points or Equivalent, and
- Level of English required
English language requirements
- IELTS: Average of 6.0 (with 5.5 or above in each component)
- TOEFL: (Internet-based) 79-80
- TOEFL: (Paper-based) 550
- Cambridge Certificate of Proficiency in English (CPE): C or higher
- International GCSE English as a Second Language: C or higher on extended curriculum
- London University GCE O level Syllabus B in English Language: C or higher
- Oxford-ARELS Examination Higher Level: Credit or Distinction
- Pearson Test of English Academic (PTE Academic): 50-57
No work experience is required.
- Academic Excellence Scholarship
"The Academic Excellence Scholarship can provide up to a 50 % reduction in tuition per semester. These scholarships will be renewed if the student maintains superior academic performance during each semester of their 3-year Bachelor programme. The scholarship will be directly applied to the student’s tuition fees."
- Access Bursary
Bursary for UK students all subjects where the variable tuition fee rate is payable.
- Alumni Bursary
Alumni Bursary for UK Undergraduate students
* The scholarships shown on this page are suggestions first and foremost. They could be offered by other organisations than University of Buckingham.
Bursaries and scholarships can be a great way of financing your studies, and enabling you to achieve your potential. If you win a scholarship, you receive a discount on your fees and, most important, a scholarship on your CV will make you stand out to future employers.
How many bursaries and scholarships are available?
A number of scholarships and bursaries are awarded annually by the University which vary from partial fee to full-fee awards. These are thanks to the donations received from supporters of the University, including the Audrey Osborn Trust, The Headley Trust, Garfield Weston Foundation, Brunner Family Trust, RM & D Gregory, Eranda Foundation and John Desborough Memorial Bequest.
Applications are now closed for July and September 2012 applicants. We will be considering January and April 2013 applicants from Monday 17 September, the deadline for submission will be Friday 2 November.
The following Scholarships have specific entry criteria and / or deadlines:
- Sir Ray Tindle Scholarships
- The Paul E H Davis Awards Deadline for applications: 31 October 2012 for Exhibitions & flexible for Research Scholarship.
Entry requirements & procedure
It is the Universitys policy to ensure that bursaries and scholarships are awarded to those who might not otherwise have the opportunity to benefit from a University education. In the case of some scholarships, at the request of the donor, academic merit will also be taken into consideration.
All awards are subject to your meeting the Universitys academic entry requirements and abiding by the rules and regulations. To be eligible to apply for a scholarship you will need to have been offered a place to study at Buckingham. In the case of UCAS applications, if you are made an award you will need to select Buckingham as your firm acceptance choice.
Please note: these awards are made to new students only, current students are not eligible to apply.