Economy State and Society — Economics and Business

Economy, State and Society – Economics and Business at University College London offers a comprehensive interdisciplinary degree that explores the complex relationships between economics, government, and societal structures. This program is designed for students interested in understanding how economic theories and policies impact societal developments and how political institutions influence economic outcomes. Through a combination of rigorous economic analysis, political insights, and practical business knowledge, students will develop the skills necessary to analyze contemporary issues such as inequality, globalization, policy-making, and economic development. The curriculum is carefully structured to provide a solid foundation in microeconomics, macroeconomics, and quantitative methods, complemented by modules on political economy, public policy, and business strategy. Students will also have opportunities to engage with real-world data, case studies, and policy analysis, preparing them for careers in government, international organizations, consultancy, finance, or further academic research. The program emphasizes critical thinking, analytical skills, and an understanding of the societal impacts of economic decisions. It fosters a multidisciplinary approach, encouraging students to consider ethical, social, and environmental dimensions alongside economic reasoning. With UCL’s central London location, students benefit from proximity to leading economic institutions, policymakers, and international organizations, enriching their academic experience through guest lectures, internships, and networking events. Graduates of the Economy, State and Society – Economics and Business program will be well-equipped to contribute to solving global challenges, shaping policies, and leading change in various sectors. The program’s flexible structure allows students to tailor their studies according to their interests, enabling specialization in areas such as development economics, public policy, or financial markets. By combining theory with practical application, UCL prepares students not only for immediate employment but also for lifelong learning and leadership in the fields of economics, politics, and business.

The programme combines rigorous research methods training, discipline-based and area studies training and intensive language tuition. Students develop cultural and linguistic knowledge of Eastern and Western Europe, and acquire the skills to identify and critically analyse key factors shaping the economies, states and societies of the expanding European region.

Students take modules to a total value of 120 ECTS, with 60 ECTS taken in year one at UCL and 60 ECTS taken in year two at their chosen institution.

Core modules

• Quantitative Methods
• Advanced Quantitative Methods
• Political Economy of International Business OR International Macroeconomic Policy
• Language*

*If not taken in year one, the Language module is compulsory in year two.

Optional modules

• A selection of thematic SSEES modules from the relevant track

Dissertation/report

All students undertake an independent research project in their second year, which culminates in a dissertation of approximately 20,000–25,000 words.

Teaching and learning

The programme is delivered through a combination of lectures, seminars, tutorials and research supervision. Assessment is by written examination, coursework and dissertation; language courses involve an oral examination.

Normally an upper second-class Bachelor's degree in a relevant discipline from a UK university or an overseas qualification of an equivalent standard.

Funding options for the Economy, State, and Society — Economics and Business program at University College London are diverse and designed to support both domestic and international students throughout their studies. University College London offers a range of scholarships, bursaries, and financial aid packages to assist students in financing their education. Undergraduate students can apply for scholarships such as the UCL Undergraduate Scholarships, which are awarded based on academic achievement and financial need. Additionally, the UCL Road to Resilience Scholarship and other faculty-specific awards provide targeted support for students demonstrating particular talents or from underrepresented backgrounds.

International students are encouraged to explore scholarships like the International Scholarships and the Overseas Research Scholarship, which can significantly offset tuition fees. For students requiring additional financial assistance, UCL provides access to government loans, part-time work opportunities through the university’s employment services, and external funding sources. The university’s Careers Service also offers advice on securing part-time employment, paid internships, and other income-generating activities during the course of studies.

Many students opt to take out government or private loans, with eligibility depending on their nationality and residency status. UCL’s partnership with financial institutions facilitates access to student loans for eligible students, helping to meet tuition costs and living expenses. Furthermore, some students benefit from family support or sponsorship from their home country, especially those from abroad. Deadlines and application processes for scholarships and financial aid vary each academic year; hence, prospective students are advised to consult the university’s official website regularly for the most current information.

Internships during the course may also provide additional income opportunities while enhancing practical experience and employability after graduation. UCL’s financial support infrastructure aims to reduce financial barriers, enabling students to concentrate on their academic pursuits and maximize their university experience. In summary, financing studies at UCL’s Economy, State, and Society — Economics and Business program involves a combination of scholarships, government and private loans, work opportunities, and family support, all designed to facilitate access to quality higher education irrespective of economic background.

Economy, State and Society — Economics and Business at University College London offers an in-depth exploration of the interconnected worlds of economics, government, and business. The program provides students with a comprehensive understanding of economic theories, policies, and their applications within societal contexts. Students embark on a rigorous curriculum that combines quantitative analysis, critical thinking, and real-world case studies to prepare them for careers in economics, policy-making, business management, or further academic research.

The interdisciplinary nature of the program enables learners to examine how economic decisions influence societal structures, government actions, and corporate strategies. Coursework typically covers microeconomics and macroeconomics, alongside modules on political economy, public policy, and business management. Emphasis is placed on developing analytical skills, such as data analysis and economic modeling, which are essential for interpreting complex economic issues and contributing to informed decision-making processes.

Students also gain insights into the role of the state in shaping economic outcomes and the impact of institutions and regulations on societal well-being. The program encourages engagement with current economic challenges, such as inequality, globalization, and sustainability, fostering a nuanced understanding of how economic systems operate within various societal frameworks. Through a mixture of lectures, seminars, and research projects, participants enhance their critical thinking, communication, and teamwork abilities.

UCL’s vibrant academic environment offers access to leading experts in economics and political science, facilitating an intellectually stimulating experience. The program also promotes practical skills through internships, workshops, and collaborative projects with industry and government bodies, enabling students to apply theoretical knowledge to real-world scenarios. Graduates of the program are well-equipped to pursue careers in governmental agencies, international organizations, financial institutions, consultancy firms, or continue their studies in postgraduate programs. Overall, the Economy, State and Society — Economics and Business at UCL aims to produce graduates who are not only knowledgeable in economic principles but also capable of analyzing and addressing societal challenges through informed policy and business strategies.