loughborough university economics

Last Updated on July 29, 2023

Our BSc Economics degree will give you new perspectives on some of the most pressing and challenging problems and choices facing the world today. With the option of a year on placement or studying abroad, this degree will help you stand out to employers and equip you for a wide range of rewarding careers.

Economics relates to every aspect of our lives, from the decisions we make as individuals to the policies adopted by governments and the products and services offered by companies.

By studying our BSc Economics degree you’ll develop the skills of an economist, equipping you to understand how consumers and firms interact and behave, how government policy affects the economy and how financial systems operate. You will have the opportunity to tailor your degree as well with optional modules in more specialist subjects, especially after your year on placement or studying abroad. BSc Economics opens up a wide range of careers helping organisations or governments make better informed decisions. For example, economics can help governments devise better policies, help banks and financial institutions make better financial decisions, and help business managers make better pricing, production and investment decisions. With the option of a year on placement or studying abroad, this degree will help you stand out to employers and equip you for a wide range of rewarding careers.

Skills for employability is a key part of the Loughborough experience and can really boost your job prospects and this degree has a module specifically built in to help you develop your study and employability skills.

Why you should choose us

Top 15IN THE UK FOR ECONOMICSThe Times and Sunday Times Good University Guide 2022TRIPLE ACCREDITATIONAACSB, EQUIS and AMBATop 10LOUGHBOROUGH UNIVERSITY RANKED IN THE UK TOP 10Guardian University Guide 20221stIN THE UK FOR EMPLOYER-STUDENT CONNECTIONSQS Graduate Employability Rankings, 20205 Star+UNIVERSITY – ONE OF ONLY 13 WORLDWIDEInternational QS Stars Scheme, 2020

Why you should study this course

We are a leading UK business school that offers the opportunity for you to stand out to employers by undertaking a year on professional placement or studying abroad.

This course will help you develop highly prized skills in economics that can help governments, individuals and businesses make better decisions. You will be taught by leading academics in their fields who apply the latest research insights and professional best-practice into their teaching. You will have the opportunity to tailor your degree through choosing optional modules in more specialist subjects, especially in your final year.

I have constant support from the university as a whole and specifically my peer mentor through scheduled meetings where she makes sure I am keeping up to date with university work and always shows genuine interest in my well-being at University.

MichaelaFinal Year Student

What you’ll study

Excited to learn more? For a taster of what you can expect to study on our BSc Economics degree, take a sneak preview of some of the modules you may have the opportunity to study below.

The first two years of the course focus more on developing your understanding of the essential core of economics. The degree’s structure offers you increasing flexibility each year so that you can specialise in the final year by choosing optional modules that are best suited to your career aspirations.

The information below is intended as an example only, featuring module details for the current year of study. Modules are reviewed on an annual basis and may be subject to future changes – revised details will be published through Programme Specifications ahead of each academic year. Please see Terms and Conditions of Study for more information.

Year 1

Semester 1 & 2

Compulsory modules

Principles of MacroeconomicsPrinciples of MicroeconomicsData AnalysisQuantitative Economics

Optional modules

Foundation Maths for Quantitative Economics

Semester 1

Optional modules

Organisational BehaviourIntroduction to AccountingEconomic and Political Geography (10 credits)Identities and InequalitiesUniversity-wide Language Programme

Semester 2

Compulsory modules

Skills for Study and Employment

Optional modules

Principles of LawManagement of Human ResourcesSocial and Cultural Geography (10 credits)British Politics and GovernmentUnderstanding Social PolicyUniversity-wide Language Programme

How you’ll study


How you’ll be assessed

Depending on the nature of the material, most modules are assessed by a mixture of coursework and examination (for example 20% coursework and 80% examination), whilst a few other modules are assessed by 100% coursework or 100% by examination.

Coursework is based on a variety of tasks including individual essays, projects, presentations, contribution in tutorials, group work, class tests, problem-sheets and computer-based exercises.

Placement year

Additional award

This course comes with the option to undertake a professional placement for a year, at the end of which you will gain a Diploma in Professional Studies (DPS). This is an additional award to the final qualification you will receive once you have successfully completed this course.

A salaried Professional Placement helps you test drive a career and stand out to employers. Your placement would typically be a graduate-trainee role with one of a broad range of major UK companies.

You have the option to either spend one year on placement (up to three placements); or six months on placement and six months studying abroad.

Our dedicated Placements Office help you secure a placement and work with over 2000 leading employers of all sizes around the world who regularly target our students for salaried placement positions. Typically around 1/3rd of placement students are offered a graduate job by their placement employer.

You can find out more about placements on the School of Business and Economics’ website.https://www.youtube.com/embed/fuNJ3cABmzc?rel=0&origin=https://www.lboro.ac.uk/&enablejsapi=1

Professional Placement Experiences

All of our undergraduate degrees at Loughborough University School of Business and Economics have the opportunity to spend a year on professional placement.

Additional award

This course comes with the option to study abroad for a year, at the end of which you will gain a Diploma in International Studies (DIntS). This is an additional award to the final qualification you will receive once you have successfully completed this course.

Study abroad

If you are interested in travelling whilst you study, there are placement opportunities in other countries too, as well as options to spend from 3-12 months at an overseas university.

By choosing this course you’ll have the option to take advantage of this exciting opportunity, giving you the chance to not only experience new cultures and visit new and exciting destinations, but to expand your learning experience.

Studying Abroad boosts your employability and helps you develop intercultural skills highly prized by employers. It presents an opportunity to immerse yourself in a new culture, improve your language skills (though you will be taught in English) and enhance your self-confidence.

You can opt to study abroad for one year (at either one partner university for twelve months or at two partner universities for six months each); or study abroad for six months and spend six months on placement.

Our dedicated International Relations Office offers extensive support throughout the process. We have agreements with over 40 partner universities you can study at in Europe, North and South America, East Asia and Australasia.

Want to find out more? Explore our videos from students and employers on the benefits of studying abroad.Learn more about the benefits of studying abroadhttps://www.youtube.com/embed/3uGt9Bc3Fl8?rel=0&origin=https://www.lboro.ac.uk/&enablejsapi=1

Study Abroad

Discover why Maya is now open to job opportunities around the world after studying abroad in both Australia and Hong Kong.

Where you’ll study

As a student on our Economics degree you will have access to a wide range of facilities across campus.Outside Sir Richard Morris BuildingPlacement and Study Abroad HubSir Richard Morris FoyerPlayLibrary tourLibrary Level 1Library Level 3 Computer AreaLibrary Level 3 ReceptionLibrary Level 4Haslegrave Computer Lab

Entry requirements

To learn more about the qualifications we typically accept, please select your country from the drop-down menu below.

General entry requirements

The entry requirements for each course should be read alongside the University’s general entry requirements which give further details on acceptable subjects, alternative UK and international qualifications and minimum English language requirements.General entry requirements

Contextual admissions

The University’s admissions process uses contextual information to provide insights into the context in which your academic qualifications have been achieved. This may influence the typical offers listed below.Contextual admissionsCountry / region                United Kingdom               ———-               AustraliaAustriaBahrainBelgiumBrazilBruneiBulgariaCanadaChinaCroatiaCyprusCzech RepublicDenmarkEgyptEstoniaEuropean BaccalaureateFaroe IslandsFinlandFranceGermanyGhanaGreeceHong KongHungaryIcelandIndiaIndonesiaIrelandIsraelItalyJapanJordanKazakhstanKenyaKuwaitLatviaLebanonLithuaniaMalaysiaMaltaNetherlandsNew ZealandNigeriaNorwayOmanPakistanPolandPortugalQatarRomaniaRussiaSaudi ArabiaSingaporeSlovakiaSloveniaSouth AfricaSouth KoreaSpainSri LankaSwedenSwitzerlandTaiwanTanzaniaThailandThe CaribbeanThe GulfTurkeyUgandaUnited Arab EmiratesUnited States of AmericaVietnamZambiaZimbabwe             

United Kingdom

Typical A-Level offer

AAA – in some circumstances we may ask applicants to achieve specific grades in certain subjectsTypical IB offer

37 (6,6,6 HL) with 4 in Maths and 4 in English at SLTypical BTEC offer

BTEC Level 3 National Extended Certificate: D plus two A Levels (one of which must be a preferred academic subject) at grades AA.

National Diploma: DD plus one preferred academic A Level at grade A.

National Extended Diploma: D*D*D

We may ask applicants to achieve specific grades in certain subjects.GCSE

Majority 7/6 (A/B) grades at GCSE including minimum Grade 6/B in Maths and English LanguageGCSE entry requirement exceptionsReduced contextual offer

Meeting specific eligibility criteria guarantees that if you are made an offer, it will be reduced by up to two grades. Find out more about Access Loughborough Contextual Offers.

Preferred subjects

While no specific A Level (or equivalent) subjects are required, we strongly prefer combinations drawn from traditional (academic) subjects to demonstrate a range of numerical, analytical and discursive abilities. These A Levels include: Ancient History, Biology, Classical Civilisation, Chemistry, Economics, English Language/Literature, Geography, Geology, Government and Politics, History, Languages (non-native), Law, Maths/Further Maths, Philosophy, Physics, Psychology, Religious Studies, Sociology and Statistics.

BTEC Level 3 Diplomas preferred subjects: If studying a BTEC qualification then Business is preferred, although other BTEC subjects may be considered when offered in combination with one or more academic A Levels outlined above.


Applicants are usually selected solely on the basis of their UCAS application, but in exceptional cases, an interview may be required. If applicants are made an offer of a place, they will be invited to visit the department giving them the opportunity to meet staff and students, see facilities and get an insight into what it is like to be a student at Loughborough.

Many of our courses receive a large number of applications for each available place.  We cannot unfortunately always make offers to all applicants who are predicted to achieve/have achieved grades in line with our advertised typical offers.International websiteMeet us in your country

Tuition fees for 2022 entry

UK fees

Full-time course per annum£9,250Placement yearApprox. 20% of the full-time fee

International fees

Full-time course per annum£22,800Placement yearApprox. 20% of the full-time fee

The UK fees stated above may be subject to change following government review. We will update this information as soon as it is available. Fees are reviewed annually and are likely to take into account inflationary pressures.

Tuition fees cover the cost of your teaching, assessment and operating University facilities such as the library, IT equipment and other support services. University fees and charges can be paid in advance and there are several methods of payment, including online payments and payment by instalment.

Additional costs

While the cost of your tuition covers lots of things, it doesn’t cover everything. For instance this course doesn’t cover the cost of any stationary, printing, books or re-assessments which you might need.Further fees and funding informationWhat’s included in your tuition costsAccommodation and hall fees

Your future career

Average salary 15 months post-graduation

£29,000Graduate Outcomes Survey, 2018

We are committed to helping you stand out in the increasingly competitive graduate job market and many of our graduates go on to enjoy rewarding careers with major international employers.

Graduates enter fields as diverse as economic consultancy, banking, accountancy, financial management, insurance and marketing, while others are employed in more general management positions.

As a student at the School of Business and Economics, your employability will be developed both inside and outside of the classroom. Employability modules are embedded into the curriculum and there are lots of opportunities available through student enterprise, clubs and societies, as well as through Loughborough’s Careers Network. Find out more about how you can develop your employability here.

We encourage a spirit of enterprise here at Loughborough. It’s a key part of the Loughborough experience and it can really boost your job prospects.

You can join Student Enterprise which thrives on campus with a range of extra-curricular activities including business planning competitions, events, and support services for students with real business ideas.

Career Support Services

Your time at Loughborough University will form a launchpad from which you can build an exciting career. With so many opportunities available, you’ll never be short of ways to improve your employability.

Our award-winning Careers Network team is here to help and support you, offering everything from CV workshops, one-to-one advice sessions and mock interview practice sessions to high-profile employer events. We’ve got everything you need for a really successful future.

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