This Economics BSc Honours degree has real-world relevance and focuses on developing your quantitative skills, as well as a thorough understanding of global economics, so you leave University a sought-after graduate.
You will focus on the fundamental concepts, analytical tools and quantitative techniques that are essential to understand modern economics.
You'll gain an in-depth knowledge of economics in Britain, Europe, and the rest of the world, studying theory and policy with topics such as:
- the global economy
- micro and macro-economic analysis
- economic modelling
You'll become a confident economics expert, able to identify problems, predict outcomes and evaluate policies, using skills that are highly valued by professionals and industry experts, and ready to pursue your career in economics.
Please rest assured we make all reasonable efforts to provide you with the courses, services and facilities described. However, it may be necessary to make changes due to significant disruption, for example in response to COVID-19.
See our terms and conditions for more information
View our Frequently Asked Questions
Quality and ranking
- 5th in the UK for graduate prospects in Economics – The Complete University Guide 2021
- top 175 – Business and Economics category – Times Higher Education World University Rankings by Subject 2020
Modules and learning
The information below is intended to provide an example of what you will study.
Most degrees are divided into stages. Each stage lasts for one academic year, and you'll complete modules totalling 120 credits by the end of each stage.
Our teaching is informed by research. Course content may change periodically to reflect developments in the discipline, the requirements of external bodies and partners, and student feedback.
Optional module availability
Student demand for optional modules may affect availability.
Full details of the modules on offer will be published through the Programme Regulations and Specifications ahead of each academic year. This usually happens in May.
To find out more please see our terms and conditions.
You will be introduced to the main economic issues that confront the British, European and world economies, as well as core economic topics within micro and macroeconomics.
You'll be introduced to key mathematical and statistical techniques used in economic analysis, and develop a variety of IT and quantitative skills, which will be of use both within and beyond your degree.
|Statistical Methods for Economics||20|
|Mathematics for Economics||20|
|Introduction to Accounting and Finance (for Business School Students)||20|
|Introduction to Management and Organisation||20|
|Introduction to Marketing||20|
You will build on your knowledge and skills with modules in macroeconomics, microeconomics and econometric analysis, giving you a deeper insight into methods used by economists to analyse the modern economy.
A module in applied economics engages you in group work and develops key skills, such as the ability to present and defend arguments on topical economic issues.
Your remaining topics are optional and cover areas such as international economics, European economics and mathematical economics.
|Economics of Regulation||10|
|Economic Evaluation and Investment||20|
|Groningen Economics Exchange||120|
|Python Programming for Economists||10|
|British Economic History, 1780-1979||10|
Two compulsory modules in advanced economic theory are complemented by a choice of optional topics including: labour economics; behavioural economics; advanced econometric analysis; public economics; financial economics; industrial economics; and health economics.
You may also complete a dissertation, giving you the chance to undertake original research and apply your economic knowledge to a topic of particular interest to you.
Teaching and assessment
Your modules are taught via lectures and seminars.
You'll be assessed through a combination of:
Dissertation or research project
Examinations – practical or online
Skills and experience
You have the opportunity to undertake an independent research project in your final year, which allows you to apply the tools of economic analysis you've learned throughout your degree.
You'll apply your economic knowledge to an area you're particularly interested in, gaining a grasp of cutting-edge research methods in economics, under the supervision of a University member of staff.
Get career ready with a work placement and leave as a confident professional in your field. You can choose to spend 12 months working in any organisation in the world, and receive University support from our dedicated team to secure your dream placement. Work placements take place between stages 2 and 3.
You'll gain first-hand experience of working in the sector, putting your learning into practice and developing your professional expertise.
Our current placement students are in roles such as:
- consulting intern
- management trainee
- customer analyst
- research assistant
They are working on the following projects:
- assisting with bespoke economic consultancy projects at Oxford Economics
- providing internal and external audit services to a variety of clients at PwC
- aiding innovation through research and application of solutions for clients at Deloitte
If you choose to take a work placement, it will extend your degree by a year. Placements are subject to availability.
Experience life in another country by choosing to study abroad as part of your degree. You’ll be encouraged to embrace fun and challenging experiences, make connections with new communities and graduate as a globally aware professional, ready for your future.
You may choose to spend a year abroad as part of your degree in one of our partner institutions.
Alternatively, you may apply to spend Stage 2 studying economics at the University of Groningen in the Netherlands for a year.
Facilities and environment
This degree is run by our triple-accredited (AACSB, EQUIS, AMBA) Newcastle University Business School, based in our state-of-the-art building within the Newcastle Helix development – Newcastle's emerging business district.
You’ll benefit from a world-class business education and leave as a socially responsible graduate, ready to challenge conventional business thinking.
Each degree offers you a stimulating curriculum and a supportive teaching and learning environment.
You will have an academic member of staff as a personal tutor throughout your degree. They can help with academic and personal issues.
Peer mentors will help you in your first year. They are fellow students who can help you settle in and answer any questions you have.
Join a network of successful graduates
Our economics graduates are highly employable when they graduate from Newcastle University.
96% of our graduates were in work or further study within six months of completing their degree*, taking on roles within economics and finance sectors, with organisations such as:
- the Financial Conduct Authority
- Hargreaves Lansdown
- Department for Work and Pensions
- Goldman Sachs
*Destinations of (undergraduate, UK and EU) Leavers from Higher Education Survey 2016/2017
Economics graduates are highly employable. As well as a specific understanding of the subject, they have excellent numeracy, analysis and communication skills.
Graduate destinations vary widely in terms of the range of roles, employers, and sectors.
Whilst only a few economics graduates may be expected to become professional economists, many find it an excellent base for entry into a rewarding career in finance – including accounting, insurance, tax and banking, or management.
Make a difference
You'll have access to a wealth of resources and support to enhance your employability, including:
- a careers conference called Future Focus tailored to the stage of your degree
- interwoven employability provision
- access to a dedicated placement officer within the Business School who can help you find a work placement in your area of interest
- specialist careers and business start-up support from the University's award-winning Careers Service and the Business School's careers consultants
- career management sessions with a careers consultant
- work experience opportunities while studying with us
- Business School summer internship scheme
We're also one of 140 business schools worldwide to be accredited by the EQUIS scheme for our managerial and entrepreneurial skills development.
Our award-winning Careers Service is one of the largest and best in the country, and we have strong links with employers. We provide an extensive range of opportunities to all students through our ncl+ initiative.
Recognition of professional qualifications outside of the UK
From 1 January 2021 there is an update to the way professional qualifications are recognised by countries outside of the UK.
All candidates are considered on an individual basis and we accept a broad range of qualifications. The entrance requirements below apply to 2021 entry.
Other UK qualifications (and PARTNERS)
Qualifications from outside the UK
English Language requirements
Through our PARTNERS programme, you could receive an offer up to three grades lower than the typical requirements, and get support throughout the application process. To apply through PARTNERS, you must be based in the UK and meet our eligibility criteria.
Entrance courses (INTO)
International Pathway Courses are specialist programmes designed for international students who want to study in the UK. We provide a range of study options for international students in partnership with INTO.
This policy applies to all undergraduate and postgraduate admissions at Newcastle University, including Newcastle University London. It is intended to provide information about our admissions policies and procedures to applicants and potential applicants, to their advisors and family members, and to staff of the University.
Tuition fees and scholarships
Tuition fees for 2021 entry (per year)
Home Fee Students
International Fee Students
The maximum fee that we are permitted to charge for home fee-paying students is set by the UK government.
As a general principle, you should expect the tuition fee to increase in each subsequent academic year of your course, subject to government regulations on fee increases and in line with inflation.
You will be charged tuition fees for each year of your degree programme (unless you are on a shorter exchange programme).
The tuition fee amount you will pay may increase slightly year on year as a result of inflation.
For courses commencing from September 2021 and beyond, EU, other EEA and Swiss nationals will no longer be eligible for home fees or Student Finance England support.
If you are from the EU you will pay international tuition fees.
Year abroad and additional costs
For programmes where you can spend a year on a work placement or studying abroad, you will receive a significant fee reduction for that year.
Some of our degrees involve additional costs which are not covered by your tuition fees.
Find out more about:
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Open days and events
The situation with Covid-19 means that we're unable to hold Open Days on campus. However, you don’t have to visit in person to experience Newcastle.
From the comfort of your sofa you'll be able to:
• explore our beautiful campus
• find out about our vibrant city
• discover what students think about studying at Newcastle
You'll also have the opportunity to speak to academic staff and find out more about the subjects you're interested in.
How to apply
Apply through UCAS
To apply for undergraduate study at Newcastle University, you must use the online application system managed by the Universities and Colleges Admissions Service (UCAS). All UK schools and colleges, and a small number of EU and international establishments, are registered with UCAS. You will need:
- the UCAS name and institution codes for Newcastle University (NEWC/N21)
- the UCAS code for the course you want to apply for
- the UCAS 'buzzword' for your school or college
If you are applying independently, or are applying from a school or college which is not registered to manage applications, you will still use the Apply system. You will not need a buzzword.Apply through UCAS
Apply through an agent
International students often apply to us through an agent. Have a look at our recommended agents and get in touch with them.