Economics with Mathematics (Including Foundation Year)

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Academic Year of Entry: 2023/24
Course overview
(BSc) Bachelor of Science
Economics with Mathematics (Including Foundation Year)
University of Essex
University of Essex
Essex Pathways
Colchester Campus
Honours Degree
Mathematics, Statistics and Operational Research


Professional accreditation


Admission criteria

UK and EU applicants:

All applications for degree courses with a foundation year (Year Zero) will be considered individually, whether you

  • think you might not have the grades to enter the first year of a degree course;
  • have non-traditional qualifications or experience (e.g. you haven’t studied A-levels or a BTEC);
  • are returning to university after some time away from education; or
  • are looking for more support during the transition into university study.

Standard offer:

Our standard offer is 72 UCAS tariff points from at least two full A-levels, or equivalent.

Examples of the above tariff may include:

  • A-levels: DDD
  • BTEC Level 3 Extended Diploma: MMP
  • T-levels: Pass with E in core

For this course all applicants must also hold GCSE Maths and Science at grade C/4 or above (or equivalent). We may be able to consider a pass in Level 2 Functional Skills Maths where you cannot meet the requirements for Maths at GCSE level. However, you are advised to try to retake GCSE Mathematics if possible as this will better prepare you for university study and future employment.

If you are unsure whether you meet the entry criteria, please get in touch for advice.

Mature applicants and non-traditional academic backgrounds:

We welcome applications from mature students (over 21) and students with non-traditional academic backgrounds (might not have gone on from school to take level 3 qualifications). We will consider your educational and employment history, along with your personal statement and reference, to gain a rounded view of your suitability for the course.

You will still need to meet our GCSE requirements.

International applicants:

Essex Pathways Department is unable to accept applications from international students. Foundation pathways for international students are available at the University of Essex International College and are delivered and awarded by Kaplan, in partnership with the University of Essex. Successful completion will enable you to progress to the relevant degree course at the University of Essex.

IELTS (International English Language Testing System) code

English language requirements for applicants whose first language is not English: IELTS 5.5 overall. Specified component grades are also required for applicants who require a Tier 4 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 required. Please note that date restrictions may apply to some English language qualifications

If you are an international student requiring a Tier 4 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

Our Year 0 courses are only open to UK and EU applicants. If you’re an international student, but do not meet the English language or academic requirements for direct admission to your chosen 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.

Course qualifiers


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


External examiners

Staff photo
Dr Giancarlo Ianulardo

Lecturer in Economics

University of Exeter Business School

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 23 October 2023 8:59AM, for students wishing to make changes to their module options.


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 0 - 2023/24

Component Number Module Code Module Title Status Min Credits Max Credits
01  IA112-3-FY-CO  Essential Mathematics  Core  30  30 
02  IA191-3-FY-CO  Research and Academic Development Skills  Core  30  30 
03  IA115-3-FY-CO  Mathematical Methods and Statistics  Core  30  30 
04  IA106-3-FY-CO  Introduction to Economics  Core  30  30 

Year 1 - 2024/25

Component Number Module Code Module Title Status Min Credits Max Credits
01  EC111-4-FY-CO  Introduction to Economics  Core  30  30 
02  MA101-4-FY-CO  Calculus  Core  30  30 
03  MA114-4-AU-CO  Matrices and Complex Numbers  Core  15  15 
04  MA108-4-SP-CO  Statistics I  Core  15  15 
05    Option(s) from list or Outside Option(s)  Optional  30  30 
06  EC123-4-FY-CO  Career Skills in Economics  Compulsory 

Year 2 - 2025/26

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    EC251-5-SP or MA210-5-SP or MA209-5-SP  Compulsory with Options  15  15 
04  EC252-5-AU-CO  Introduction to Econometric Methods  Compulsory  15  15 
05  MA205-5-SP-CO  Optimisation (Linear Programming)  Compulsory  15  15 
06  MA202-5-SP-CO  Ordinary Differential Equations  Compulsory  15  15 
07  EC123-5-FY-CO  Career Skills in Economics  Compulsory 

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    Final year Economics option from list  Optional  15  15 
03    Final year Economics option(s) from list  Optional  30  30 
04    Final year Mathematics option(s) from list  Optional  30  30 
05    Economics or Mathematics option from list  Optional  15  15 
06  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 equip students with the tools of quantitative methods needed to solve theoretical or applied economic problems.
  • To provide students with knowledge of mathematical ideas underlying the quantitative methods of 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 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.

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

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

    A5: Knowledge of econometric methods and an awareness of how they are applied in the analysis and evaluation of economic issues.

    A6: Familiarity with mathematical techniques that serve to underpin economic theory.

    Learning methods

    Lectures are the principal method of delivery for the principles, concepts and arguments in A1-A6.

    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.

    Laboratory sessions are provided to support learning of econometric methods (A5).
    Individual supervision of the final year project provides additional support especially for outcome A4, and reinforces A2, A3, A5.

    Assessment methods

    Achievement of knowledge and understanding is assessed through marked assignments (A1, A2), tests (A1, A2, A3, A5), term papers (A1, A2, A4), project work (A1-A5) and unseen closed-book examinations (A1, A2, A3, A5, A6).

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

    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.

    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.

    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: Not assessed in this programme.

    D3: 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.

    D4: Understanding of how mathematical and 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.

    D5: Not assessed in this programme.

    D6: 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, D3, D4, D6.

    Skills D3 and D4 are reinforced through the quantitative methods sequence of courses at the elementary and intermediate levels, together with courses in theoretical and applied economics and in mathematics.

    Skill D6 is enhanced as students reflect upon the knowledge they need when researching term papers and their final year projects.

    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 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.

    Skill D6 is assessed indirectly through students' capacity to construct submitted work (assignments, term papers and projects for which feedback is given) and their study plans for unseen tests and examinations.


    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.


    If you are thinking of studying at Essex and have questions about the course, please contact Undergraduate Admissions by emailing, or Postgraduate Admissions by emailing

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