Economics (Including Year Abroad)

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Academic Year of Entry: 2023/24 - 2024/25
Course overview
(BA) Bachelor of Arts
Economics (Including Year Abroad)
Current
University of Essex
University of Essex
Economics
Colchester Campus
Honours Degree
Full-time
Economics
BA L106
08/05/2024

Details

Professional accreditation

None

Admission criteria

GCSE: Mathematics B/5

A-levels: ABB

BTEC: DDD

IB: 32 points or three Higher Level certificates with 655. Either must include Standard Level Mathematics grade 5, or a minimum of 3 in Higher Level Mathematics. We will accept grade 5 in either Standard Level Mathematics: Analysis and Approaches or Standard Level Mathematics: Applications and Interpretation.
Maths in the IB is not required if you have already achieved GCSE Maths at grade B/5 or above or 5 in IB Middle Years Maths.
We are also happy to consider a combination of separate IB Diploma Programme Courses (formerly certificates) at both Higher and Standard Level. Exact offer levels will vary depending on the range of subjects being taken at higher and standard level, and the course applied for.
We can also consider combinations with BTECs or other qualifications in the Career-related programme – the acceptability of BTECs and other qualifications depends on the subject studied, advice on acceptability can be provided. Please contact the Undergraduate Admissions Office for more information.

Access to HE Diploma: 15 Level 3 credits at Distinction and 30 level 3 credits at Merit, depending on subject studied - advice on acceptability can be provided.

T-levels: Distinction

What if I don’t achieve the grades I hoped? If your final grades are not as high as you had hoped, the good news is you may still be able to secure a place with us on a course which includes a foundation year. Visit our undergraduate application information page for more details.

What if I have a non-traditional academic background?
Don’t worry. To gain a deeper knowledge of your course suitability, we will look at your educational and employment history, together with your personal statement and reference.

You may be considered for entry into Year 1 of your chosen course. Alternatively, some UK and EU applicants may be considered for Essex Pathways, an additional year of study (known as a foundation year/year 0) helping students gain the necessary skills and knowledge in order to succeed on their chosen course. You can find a list of Essex Pathways courses and entry requirements here

If you are a mature student, further information is here

IELTS (International English Language Testing System) code

English language requirements for applicants whose first language is not English: IELTS 6.0 overall. Different requirements apply for second year entry, and specified component grades are also required for applicants who require a visa to study in the UK.

Other English language qualifications may be acceptable so please contact us for further details. If we accept the English component of an international qualification then it will be included in the information given about the academic levels listed above. Please note that date restrictions may apply to some English language qualifications

If you are an international student requiring a visa to study in the UK please see our immigration webpages for the latest Home Office guidance on English language qualifications.

If you do not meet our IELTS requirements then you may be able to complete a pre-sessional English pathway that enables you to start your course without retaking IELTS.

Additional Notes

If you’re an international student, but do not meet the English language or academic requirements for direct admission to this degree, you could prepare and gain entry through a pathway course. Find out more about opportunities available to you at the University of Essex International College here.

Course qualifiers

A course qualifier is a bracketed addition to your course title to denote a specialisation or pathway that you have achieved via the completion of specific modules during your course. The specific module requirements for each qualifier title are noted below. Eligibility for any selected qualifier will be determined by the department and confirmed by the final year Board of Examiners. If the required modules are not successfully completed, your course title will remain as described above without any bracketed addition. Selection of a course qualifier is optional and student can register preferences or opt-out via Online Module Enrolment (eNROL).

None

Rules of assessment

Rules of assessment are the rules, principles and frameworks which the University uses to calculate your course progression and final results.

Additional notes

None

External examiners

Staff photo
Mr Georgios Papadopoulos


Mr Teng Ge

External Examiners provide an independent overview of our courses, offering their expertise and help towards our continual improvement of course content, teaching, learning, and assessment. External Examiners are normally academics from other higher education institutions, but may be from the industry, business or the profession as appropriate for the course. They comment on how well courses align with national standards, and on how well the teaching, learning and assessment methods allow students to develop and demonstrate the relevant knowledge and skills needed to achieve their awards. External Examiners who are responsible for awards are key members of Boards of Examiners. These boards make decisions about student progression within their course and about whether students can receive their final award.

eNROL, the module enrolment system, is now open until Monday 21 October 2024 8:59AM, for students wishing to make changes to their module options.

Key

Core You must take this module.
You must pass this module. No failure can be permitted.
Core with Options You can choose which module to study.
You must pass this module. No failure can be permitted.
Compulsory You must take this module.
There may be limited opportunities to continue on the course/be eligible for the degree if you fail.
Compulsory with Options You can choose which module to study.
There may be limited opportunities to continue on the course/be eligible for the degree if you fail.
Optional You can choose which module to study.
There may be limited opportunities to continue on the course/be eligible for the degree if you fail.

Year 1 - 2023/24

Component Number Module Code Module Title Status Min Credits Max Credits
01  EC111-4-FY-CO  Introduction to Economics  Core  30  30 
02    EC114-4-FY or (MA114-4-AU and MA108-4-SP)  Compulsory with Options  30  30 
03    EC115-4-FY or MA101-4-FY  Compulsory with Options  30  30 
04    Option(s) from list or Outside Option(s)  Optional  30  30 
05  EC123-4-FY-CO  Career Skills in Economics  Compulsory 

Year 2 - 2024/25

Component Number Module Code Module Title Status Min Credits Max Credits
01  EC201-5-FY-CO  Macroeconomics (Intermediate)  Compulsory  30  30 
02  EC202-5-FY-CO  Microeconomics (Intermediate)  Compulsory  30  30 
03    Option(s) from list  Optional  30  30 
04    Option(s) from list or outside option(s)  Optional  30  30 
05  EC123-5-FY-CO  Career Skills in Economics  Compulsory 

Year Abroad/Placement - 2025/26

Component Number Module Code Module Title Status Min Credits Max Credits
01  AW121-6-FY-CO  Abroad Module 120 Credits  Compulsory  120  120 

Year 3 - 2026/27

Component Number Module Code Module Title Status Min Credits Max Credits
01  EC831-6-FY-CO  Project: Economics  Compulsory  30  30 
02    Option(s) from list  Optional  60  60 
03    Option(s) from list or outside option(s) if not already taken in 2nd year  Optional  30  30 
04  EC123-6-FY-CO  Career Skills in Economics  Compulsory 

Exit awards

A module is given one of the following statuses: 'core' – meaning it must be taken and passed; 'compulsory' – meaning it must be taken; or 'optional' – meaning that students can choose the module from a designated list. The rules of assessment may allow for limited condonement of fails in 'compulsory' or 'optional' modules, but 'core' modules cannot be failed. The status of the module may be different in any exit awards which are available for the course. Exam Boards will consider students' eligibility for an exit award if they fail the main award or do not complete their studies.

Programme aims

  • To provide students with an academic training in the principles of economics.

  • To provide students with an awareness of the quantitative methods appropriate for knowledge of economic principles and applied economics.

  • To foster in students an appreciation of the appropriate level of abstraction and simplification needed to explore a range of economic issues. 

  • To encourage in students the acquisition of autonomous study skills and the adoption of an investigative approach to tackle economic problems. 

  • To develop in students the ability to construct logical arguments, to communicate arguments clearly in writing, and to appreciate, evaluate and respond to potentially conflicting interpretations of economic phenomena. 

  • To provide students with the opportunity to apply their knowledge and skills constructively to one or more specialist areas of economics and the associated policies. 

  • To allow students, through the study of economics, to acquire critical, analytical and research skills, problem-solving skills, and transferable skills. 

  • To provide students with a foundation for further studies in economics and allied disciplines. To give students the opportunity to put their academic learning outcomes into a work context.


  • To enable students to broaden their understanding of economics by studying in a partner institution abroad for one academic year.



  • Learning outcomes and learning, teaching and assessment methods

    On successful completion of the programme a graduate should demonstrate knowledge and skills as follows:

    A: Knowledge and understanding

    A1: Knowledge of the fundamental principles of economics, including microeconomics and macroeconomics.

    A2: Understanding of the application of economic reasoning to the study of relevant problems and policies.

    A3: Knowledge of the mathematical methods needed to comprehend economic principles.

    A4: Awareness of the sources of economic information and/or knowledge and understanding of sources available for historical research.

    A5: Knowledge of statistical methods needed for the analysis of economic issues.

    A6: Appreciation of one or more specialist areas of economics in depth.

    A7: Understanding of the mathematical methods needed to articulate economic theories.

    A8: Knowledge of econometric methods and an awareness of how they are applied in the analysis and evaluation of economic issues.

    Learning methods

    Lectures are the principal method of delivery for the principles, concepts and arguments in A1-A8.

    Students are also assigned readings from textbooks, academic journal papers, unpublished research papers and on-line resources.

    Students’‘ understanding is reinforced by classes, especially for outcomes A1, A2, A3, A5, A6, A7, A8.

    Laboratory sessions are provided to support learning of quantitative methods (A5).

    Individual supervision of the final year project provides additional support especially for outcomes A4 and A6, and reinforces A2, A3, A5.

    Lectures and classes in final year courses are particularly important to enable students to achieve A6.

    Assessment methods

    Achievement of knowledge and understanding is assessed through:

    marked assignments (A1, A2)

    tests (A1, A2, A3, A5, A7, A8)

    term papers (A1, A2, A4, A6)

    project work (A1-A6)

    unseen closed-book examinations (A1, A2, A3, A5, A6).

    Learning outcomes A2, A4 are assessed by tests and unseen closed-book examinations.

    Learning outcome A6 is assessed by term papers and unseen closed-book examinations particularly in final year, EC3xx, economics courses.

    Learning outcome A4 is assessed especially via term papers (in second year and final year economics courses) and the final year project.

    B: Intellectual and cognitive skills

    B1: Analyse a specified problem and choose the most suitable methods for its solution.

    B2: Assess the relative merits of a range of theories, techniques and tools needed to articulate arguments and policies.

    B3: Synthesise and interpret information from a range of sources (lectures, classes, journals, books, etc.) developing a critical evaluation of the importance and relevance of the sources to an area of study.

    B4: Construct reasoned, informed and concise descriptions and assessments of economic ideas.

    Learning methods

    Students’ acquisition of intellectual and cognitive skills, B1-B4, is enabled primarily through lectures and further sustained via classes.

    Outcome B1 is developed particularly in exercises designed for core economic theory, mathematical methods and quantitative methods classes.

    Outcomes B2, B3 and B4 are key elements in students’‘ preparation for assignments.
    Individual project supervision and guidance for term paper study are especially important in providing opportunities for students to acquire B2, B3 and B4.

    Assessment methods

    Achievement of intellectual/cognitive skills is assessed through marked assignments (especially B1 and B3), tests (especially B1), term papers (especially B2, B3, B4), project work (especially B2, B3 and B4) and unseen closed-book examinations (especially B1, B2 and B4).

    C: Practical skills

    C1: Identify, select and gather information, using the relevant sources.

    C2: Organise ideas in a systematic way.

    C3: Present economic and/or historical ideas and arguments coherently in writing.

    C4: Use and apply economic terminology and concepts

    C5: Apply the necessary organisational and cultural skills for living and working abroad.

    Learning methods

    Skill C1 is developed via directed reading from textbooks and academic journal articles together with searches for online materials.

    Skill C2 is acquired during lectures and classes, and as a consequence of studying course materials.

    Skill C3 is articulated in the preparation of assignments and term papers.

    Skill C4 is developed in classes and is emphasised in the preparation of assignments, term papers and projects.
    Skill C5 is acquired through the guided but relatively independent process of organising and successfully completing a period of living and studying abroad

    Assessment methods

    Achievement of practical skills C1, C3 and C4 is assessed directly through marked assignments, tests, term papers, project work and unseen closed-book examinations.

    Skill C2 is assessed indirectly via assignments, term papers, projects and final examinations.
    Skill C5 is assessed during the international exchange year.

    D: Key skills

    D1: Communication in writing, using appropriate terminology and technical language: (a) the articulation of economic theories, (b) the description of economic evidence, (c) the critical assessment of economic arguments and policies

    D2: Understanding of quantitative methods, an awareness of the contexts in which the methods are relevant and a knowledge of how they are applied in practice to analyse economic data.

    D3: Understanding of how economic reasoning is used to address problems involving opportunity cost, incentives, households' and firms' decision-making, strategic thinking, expectations and market outcomes in equilibrium and disequilibrium.

    D4: Capacity to: (a) organise and implement a plan of independent study; (b) reflect on his or her own learning experience and adapt in response to feedback; and (c) recognise when he or she needs to learn more and appreciate the role of additional research

    Learning methods

    Students are guided in lectures, classes and individual advice from teachers in acquiring skills D1-D4.

    Skills D2, D3 and D4 are reinforced through the quantitative methods course, and courses in theoretical and applied economics.

    Only minimal formally assessed requirements for the completion of the programme are listed here.

    In reality, the overwhelming majority of economics students acquire a much broader range of key skills, and at greater depth, in ways that are integrated seamlessly throughout their studies of the subject.

    Assessment methods

    Skills D1, D2 and D4 are assessed through marked assignments, tests, term papers, projects and unseen closed-book examinations.

    Skill D3 is assessed particularly through tests and unseen closed-book examinations.


    Note

    The University makes every effort to ensure that this information on its programme specification is accurate and up-to-date. Exceptionally it can be necessary to make changes, for example to courses, facilities or fees. Examples of such reasons might include a change of law or regulatory requirements, industrial action, lack of demand, departure of key personnel, change in government policy, or withdrawal/reduction of funding. Changes to courses may for example consist of variations to the content and method of delivery of programmes, courses and other services, to discontinue programmes, courses and other services and to merge or combine programmes or courses. The University will endeavour to keep such changes to a minimum, and will also keep students informed appropriately by updating our programme specifications.

    The full Procedures, Rules and Regulations of the University governing how it operates are set out in the Charter, Statutes and Ordinances and in the University Regulations, Policy and Procedures.

    Contact

    If you are thinking of studying at Essex and have questions about the course, please contact Undergraduate Admissions by emailing admit@essex.ac.uk, or Postgraduate Admissions by emailing pgadmit@essex.ac.uk.

    If you're a current student and have questions about your course or specific modules, please contact your department.

    If you think there might be an error on this page, please contact the Course Records Team by emailing crt@essex.ac.uk.