Economics with Psychology (Including Year Abroad)

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Academic Year of Entry: 2023/24
Course overview
(BSc) Bachelor of Science
Economics with Psychology (Including Year Abroad)
University of Essex
University of Essex
Colchester Campus
Honours Degree
BSC C158


Professional accreditation


Admission criteria

GCSE: Mathematics B/5

A-levels: ABB


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).


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
Mr Pedro David Matos Serodio

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.


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-CO  Introduction to Quantitative Economics  Compulsory  30  30 
03  PS118-4-FY-CO  Applied Psychology  Core  30  30 
04  EC115-4-FY-CO  Methods of Economic Analysis  Compulsory  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  EC251-5-SP-CO  Mathematical Methods in Economics  Compulsory  15  15 
04  EC252-5-AU-CO  Introduction to Econometric Methods  Compulsory  15  15 
05  PS425-5-SP-CO  Cognitive Psychology  Compulsory  15  15 
06  PS423-5-AU-CO  Psychology of Health  Compulsory  15  15 
07  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  EC387-6-AU-CO  Experimental Methods in Economics  Compulsory  15  15 
03  EC209-6-SP-CO  Introduction to Behavioural Economics  Compulsory  15  15 
04    Psychology option(s) from list  Compulsory with Options  30  30 
05    Economics option from list  Optional  30  30 
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, behavioural economics and psychology.
  • To enable students to enrich their understanding of individual decision making and market behaviour.
  • To develop in students the ability to use both psychology and economic experimental techniques to test theories and explore human behaviour.
  • To foster in students an appreciation of the appropriate level of abstraction and simplification needed to explore a range of economic issues.
  • To provide students with two parallel and complementary forms of analysis to approach decision making.
  • To encourage in students the acquisition of autonomous study skills and the adoption of an investigative approach to tackle 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 enable students to acquire critical, analytical and research skills, problem-solving skills, and transferable skills.
  • To provide students with a foundation for further studies in economics, behavioural economics and psychology

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, behavioural economics and psychology

A2: Knowledge of a range of applications in economics, behavioural economics and psychology. Understanding of the key developments in economics, behavioural economics and psychology (research-led-teaching)

A3: Understanding of the relationships between economics and psychology principles and real world applications of those principles

A4: Awareness of the significance of alternative economics and psychology approaches to human behaviour

A5: Knowledge of the methods used to analyse economics and psychology applications

A6: Understanding of the mathematical methods needed to articulate economic theories.

A7: Knowledge of statistical methods and a fundamental awareness of how they are applied in the analysis and evaluation of economic issues.

A101: Understanding how key concepts and issues in business economics are understood in a different academic and national context.

Learning methods

Outcomes A1-A5 are acquired through lectures, classes, and related coursework. Lectures are used to present material - ideas, data and arguments - in a clear and structured manner.
Lectures are also used to stimulate students' interest in learning.

Classes and preparation for lectures and classes, provide an opportunity for students to develop their knowledge and understanding of the content of the modules.

Preparation for term papers, tests, assignments and for examinations aids students in developing this knowledge and understanding.

Students are expected to extend and enhance the knowledge and understanding they acquire from lectures and classes by regularly consulting library materials relating to the course.

Assessment methods

Outcomes A1-A5 are assessed throughout the modules comprising the degree by means of written examinations and coursework.

B: Intellectual and cognitive skills

B1: Logically analyse particular problems in economics, behavioural economics and psychology and choose the most appropriate methods for their solution

B2: Exercise critical judgement in assessing different and competing economic and psychology theories and methods and appraising their merits

B3: Formulate a coherent argument related to economics/psychology

B4: Construct reasoned, informed and concise descriptions and assessments of economics/psychology ideas

Learning methods

Skills B1-B4 are acquired and enhanced primarily through the work that students do for their modules, although lectures provide a means for teachers to demonstrate these skills through examples and applications.

Student preparation involves the reading, interpretation and evaluation of the relevant material including the relevant literature.
Teachers provide feedback on student work through comment and discussion. In addition, teachers engage students outside the classroom through office hours, appointments, and email.

Assessment methods

Skills B1-B4 are assessed throughout the modules comprising the degree by means of written examinations and coursework.

C: Practical skills

C1: Identify, select and gather information using relevant sources, including the library and online searches

C2: Organise ideas in a systematic and critical fashion

C3: Present and critically assess ideas and arguments coherently in writing

C4: Use and apply the right terminology and concepts in economics/psychology

Learning methods

Skills C1-C4 are acquired and enhanced primarily through the work that students do for their modules. Lectures also provide a means of teachers demonstrating these skills through examples and applications.

Assessment methods

Skills C1-C4 are assessed throughout the modules comprising the degree by means of written examinations and coursework. Skills C1 and C2 are also informally assessed by student's preparation for each module.

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: Use appropriate IT facilities to (a) produce word-processed coursework (b) Develop web-skills (c) Develop numerical skills using Excel software

D3: Use of mathematical techniques to construct economics and behavioural economics models

D4: Ability to apply economics and psychology reasoning to address issues in those subjects

D5: Capacity to work as part of a team

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 acquiring skills D1-D5 through lectures, classes and individual advice from teachers. These skills are further developed as students pursue the learning activities associated with their modules. Students also have the opportunity to develop skills in working in groups through their participation in classes for modules, especially the applied ones.

Assessment methods

Skills D1-D5 are assessed throughout the modules comprising the degree by means of examinations and coursework.


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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