Economics

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https://www.aston.ac.uk/study/courses/economics-bsc

Economics | Aston University

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Economics BSc (Hons)

BSc (Hons)

Ready to tackle today’s biggest challenges using economics?

Location: Aston University, Birmingham

Apply now

Register your interest

Open Days

Entry requirements

BBB (standard offer)

BBC (contextual offer)

Duration

4 years with integrated placement year (international students may opt out of the placement year)

UCAS code(s)

Start date

September 2027

Course overview

Course description

Course objectives

Fees and scholarships

Career prospects

You will be studying economic theories that will help you to understand challenging issues facing society today, including climate change, inequality and the regulation of digital platforms.

You will take part in economics games and experiments to experience economic decision making first-hand and test the extent to which economic theories can explain real world behaviour. You will also learn how to analyse real-world data using specialised software packages Excel and R.

Our teaching team includes six winners of national teaching awards, the co-authors of one of the best-selling economics textbooks, and established researchers who bring expertise to the curriculum. Members of the team have acted as graduate recruitment assessors for the Government Economic Service (GES). This gives you a unique opportunity to learn from people who have an input into hiring decisions of the UK’s largest employer of economists.

"I enjoyed the focus on real world application. From lecturers who had such passion and had examples coming out of their ears, to hands on coding modules where we were taught invaluable skills in R. I would say this real world application and coding experience is one of the things that got me my graduate role. As much as economics is a field that requires you to know a lot of theory, applying it is what is most likely to be needed in a graduate role."

Morgan Ansell

BSc Economics

Assistant Economist, Oxford Economics

Why Economics at Aston University?

Academic support

96% of BSc Economics students were happy with the academic support on their course (National Student Survey, 2026)

Earn more

Our graduates are among the highest paid in the country, earning on average £50,100 five years after graduating (Economics, Longitudinal Education Outcomes, 2026)

Gold standard teaching

Aston University was awarded Gold - the highest possible rating for the Teaching Excellence Framework (TEF, 2023)

Top 30 in UK

Economics at Aston ranked in the UK's top 30 (Complete University Guide, 2027)

Taught by the experts

Including six winners of national teaching awards in economics and co-authors of one of the best-selling economics textbooks

Economics at Aston University ranked in the top 25 in the UK (Guardian University Guide, 2027)

Tackling society's biggest issues

Hear all about our undergraduate economics programmes at Aston University from Karishma Patel and Jon Guest.

Careers and Placements

Whatever your Aston University journey, we're here to help. Discover what's possible with Careers and Placements.

ASTON POWER SKILLS

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Gain the skills employers look for worldwide.

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BSc (Hons) Economics

This course provides a mix of economic theory and policy that helps you to understand some of the most challenging issues society faces today.

What we will provide

First class teaching in the UK’s second largest city. We have an international reputation for excellence in teaching and learning and our inspirational teaching staff are co-authors of one of the leading textbooks in economics used by many UK universities. Six of our teaching staff are recognised with awards for teaching and learning in economics. Members of the teaching team also contribute to A -GamE. This centre was established at Aston University to share best practice in the use of games, experiments and simulations in teaching.

We are also an Adobe Creative Campus meaning you will have access to top-notch software licenses, including Adobe and Solidworks, commonly used in industry.

What you will provide

It is important to have a natural curiosity and interest in real world issues such as climate change, the cost of living crisis and rising inequality.

What skills we teach

We teach a range of valuable skills designed to prepare you for real-world challenges. You will develop logical reasoning and problem-solving abilities to better understand complex problems, along with data analysis skills using tools such as Excel and R. In addition, you will enhance your communication skills, learning how to clearly explain complex analysis to both economists and non-economists. Team-working skills are also emphasised, ensuring you can collaborate effectively in professional environments.

Placement year

Taking a placement year will boost your employability – it’s what makes Aston University graduates some of the most employable in the country. Many of our students obtain graduate positions with the same employer that they completed their placement with.

The Aston placement year forms an integral part of your educational journey and gives you the chance to put theory into practice, gain relevant work experience, and develop professional and transferable skills.

It is compulsory for all home students. International/EU students can request permission to opt out of the placement year, but we strongly recommend that it is completed where possible. An alternative to a work-based placement is the possibility of studying abroad.

As an economist, you will be open to a diverse range of different jobs and careers that can have a positive impact on society. Some graduates work as economists, for example in the Government Economic Service (GES) or in consultancy, however others will go into finance, banking or a wide range of other graduate schemes and public sector roles. Economists have flexibility.

How you will learn

We adopt an innovative range of teaching methods including the use of in-class games and experiments, large interactive classes, computer workshops, and smaller classes that focus on student participation.

At the start of your course, you will be allocated a personal tutor; this member of academic staff can offer individual study advice and guidance and is there to help support your studies. Module tutors are also on hand to answer any questions.

We make extensive use of group working and presentations to prepare you for the reality of working life. This experience will develop your team working and negotiating skills. Through case studies, real-world examples and challenges, you’ll explore economics in an applied context and your placement year gives you an opportunity to develop your employability skills.

In-class teaching is supported by our virtual learning environment, which hosts a range of electronic supporting materials. You also have access to the University Library which provides a wide range of books, electronic journals, news-sites and databases to support your studies.

In addition, outside speakers from both business and government bodies will be integrated into the courses.

What you will learn

Over the course of your degree, you'll build a strong foundation in economic theory, mathematics, and statistics, apply your knowledge to real-world issues, gain hands-on data analysis skills, explore specialist areas, and have the opportunity to take a placement year to develop professional experience.

First year

This is designed to give you core foundations in microeconomics and macroeconomics, mathematics and statistics. Furthermore, you will apply economic concepts to a diverse range of real-world issues. You will also take part in a range of economic games.

Second year

You will develop a detailed understanding of micro- and macroeconomic theories. In addition, you will learn to perform data analysis using quantitative methods and computing techniques. You will have the option to specialise in different areas of economics, data measurement, business and finance.

The Aston University placement year forms an integral part of your educational journey and gives you the chance to put theory into practice, gain relevant work experience, and develop professional and transferable skills. Our award-winning careers and placements team are on hand to support you through every step of your placement journey.

Placement stories

Final year

You will deepen your knowledge of economic theories and advanced quantitative techniques, with a strong emphasis on their application and communication. You can choose from a wide range of applied economics modules.

My placement year at St Philips Chambers

Delicious Orie spent his placement year working at St Philips Chambers in Birmingham city centre as a fee controller, helping the barristers to organise their cash flow.

Discover Delicious' journey

Equips you with the core principles and methods of economics and the ability to apply them in a wide range of specialist areas of the discipline.

Provides the ability to analyse data and solve problems by applying appropriate mathematical and statistical methods.

Enables you to critically evaluate economic theories and data analysis.

Develops your ability to apply economic analysis to societal and business problems, specific policy proposals and other issues at local, national, and international level.

Stimulates your interest in economics and develops appreciation for its application to a range of real-world issues and its relevance in a variety of contexts.

Facilitates you to work effectively as a self-directed and independent learner.

Develops a range of generic skills that will be of value in employment and self-employment such as team working and communication skills.

Provides you with the knowledge and skills base required to proceed to further studies in economics or in multidisciplinary areas that involve economics.

Modules and learning outcomes

Year 1 modules

In your first year you will study the following core modules:

Module Title

Principles of Microeconomics

Mathematics for Economics

Games & Economic Behaviour

Introduction to the Business Environment

Principles of Macroeconomics

Statistics for Economics

Applied Topics in Economics

Political Economy

Year 1 outcomes

On successful completion of the first year, you will be able to:

Demonstrate knowledge and understanding of key principles in economics.

Apply economic concepts and ideas to analyse a range of real-world issues.

Apply mathematical and statistical tools to describe and analyse economic relationships and interpret quantitative data.

Participate in and interpret economic experiments, demonstrating an understanding of observed behaviours and possible deviations from theoretical predictions.

Demonstrate an understanding of the fundamental principles, concepts, and contexts of the modern business environment.

Work effectively as independent and self-managed learners, as well as part of a team, to manage time constraints.

Read more »

Year 2 modules

In your second year you will study the following core modules:

Intermediate Macroeconomics

Econometrics 1

Measuring the Economy

Intermediate Microeconomics

Econometrics 2

Industrial Organisation

In term 1 you will choose one of the following optional modules*:

International Business and Emerging Market Economies

Applied Business Economics

Sports Economics and Finance

In term 2 you will choose one of the following optional modules*:

Business Management Simulation

International Business Economics

Strategic Finance

*Availability of any optional modules will be subject to staff availability and a minimum number of students who express an interest in studying the optional modules.

Year 2 outcomes

On successful completion of the second year, you will be able to:

Demonstrate a knowledge of intermediate-level economics.

Apply economic models and frameworks to investigate and address real-world economic issues and case studies.

Construct coherent economic arguments, supported by relevant evidence and theory, and present them effectively in a variety of formats.

Perform data analysis using relevant econometric techniques using specialist software.

Explain the results of an economic analysis by combining written arguments with mathematical and graphical representation.

Placement year modules

You will spend your third year on placement. You will be fully supported throughout the process by our award-winning Careers and Placements team.

Integrated Placement Year

Placement year outcomes

On successful completion of the placement year, you will be able to:

Identify and explore an organisational issue, using analysis and recommend appropriate action for the organisation.

Evaluate the use of academic theories in analysing real-life issues and in supporting recommendations.

Demonstrate intercultural awareness in your work or international study context.

Reflect upon and articulate your own learning, and plan and implement strategies to build upon your learning.

Final year modules

In your final year you will study the following core modules:

Further Topics in Microeconomics

Advanced Econometrics

The Consulting Challenge

Public Economics

Further Topics in Macroeconomics

In term 1 you will choose two of the following optional modules*:

Economics of Entrepreneurship

Financial Derivatives

Competition Policy

Labour Economics

International Trade

Regional & Urban Economics

Behavioural Economics

Environmental Economics

Final year outcomes

On successful completion of the final year, you will be able to:

Apply microeconomic and macroeconomic theories to critically analyse complex economic behaviours, institutions, and policies.

Apply a systematic understanding of economic principles to specialised branches of economics.

Critically interpret econometric results, and demonstrate the ability to evaluate their implications, and to relate them to broader real-world settings in policy or business.

Critically assess economic arguments, evidence, and policy recommendations, demonstrating awareness of limitations, assumptions, and alternative perspectives.

Communicate complex economic concepts, arguments, and findings clearly and persuasively to specialist and non-specialist audiences.

We regularly review our modules to provide the best possible teaching and learning experience, incorporating academic developments, student feedback and employer feedback.

We’ll make sure to let you know of any changes to modules at the earliest opportunity by updating our course webpages.

We’ll do our best to provide as much optional choice as we can, but timetabling constraints may mean it isn’t possible to take some module combinations. The structure of some courses means that the order of modules or the streams you choose may determine whether modules are core or optional. This means that your core modules or options may differ from what’s shown here.

As an Aston student, you will develop expertise in four key areas:

Join the rise of the humans. Don't fear AI, master it and use it for good. Develop digital skills for the future, whatever career you want to pursue.

Find out more

JOIN THE RISE OF THE HUMANS.

Don’t fear AI. Master it.

Use it for good.

Develop digital skills for the future.

Improve your productivity and decision-making.

Whatever career you’ve set your sights on.

We’re passing on our leading digital expertise.

Including AI & Digital into every undergraduate degree.

To help you embrace smart tech.

Provide you with a head start.

Give you an edge, whatever your goals.

Open your eyes to new possibilities.

Get ready to power up your skills.

Find out more about Power Skills

Don't follow the rules, rewrite them. Today’s fast-changing world needs original thinkers. Creators. Innovators. Risk takers. So get ready to think smart and reach the next level.

DON'T FOLLOW THE RULES. REWRITE THEM.

Today’s fast-changing world needs original thinkers.

Creators. Innovators. Risk takers.

Who can identify new opportunities.

Bring radical ideas to life.

It’s a mindset that will not just help you start your own business.

But will enable you to thrive in any career.

Every organisation values entrepreneurship.

The curious, resourceful, those who seize the initiative.

It’s why we’ve built Innovation & Entrepreneurship into every undergraduate degree.

So, develop in-demand skills.

Take control of your future.

Get ready to think smart and reach the next level.

Prepare for success whatever your goals.

Make space for every voice to be heard. Be the one who brings people together with a shared vision. Learn to break down barriers and be the leader the future needs.

MAKE SPACE FOR EVERY VOICE TO BE HEARD.

Be the one who brings people together.

With a shared vision.

And spirit of collaboration.

Whether you want to work in a social enterprise or become a global CEO.

We’ve integrated Inclusive Leadership into every undergraduate degree.

There’s so much more to being a leader than managing people.

Learn to break down barriers.

Influence everyone around you.

See empathy as a strength.

Unlock the potential of diverse teams.

Don’t be afraid to do things in your own unique way.

Be the leader the future needs.

Make a world of difference.

It's not game over for our planet. It's game on. Together we can create a greener tomorrow. The world urgently needs graduates who can shape more sustainable and ethical ways of working. The future depends on it.

IT'S NOT GAME OVER FOR OUR PLANET. IT'S GAME ON.

Together we can create a greener tomorrow.

But we all need to play our part.

The world urgently needs graduates.

Who can drive change.

See things differently.

Shape more sustainable and ethical ways of working.

So, we’ve made Sustainability a natural part of every undergraduate degree.

Together we can make our planet a better place.

Your small actions can make a big difference.

Whatever your career path.

Do the world a power of good.

The future depends on it.

A Levels

BBC (with EPQ minimum grade B)

Contextual offers

Aston Ready is our contextual offer scheme that could reduce your undergraduate offer by one or two grades. Assessed at the point of application, there are no additional forms to fill in.

Contextual offer criteria

T Levels

BTEC Extended Diploma – DDD (standard offer)

BTEC Extended Diploma - DDM (contextual offer)

The University also accepts the BTEC Level 3 National Extended Certificate/BTEC Level 3 Subsidiary Diploma and BTEC Level 3 National Diploma/BTEC Level 3 Diploma for entry onto degree programmes, provided that they are studied in combination with other qualifications that are equivalent to three full A2 Levels.

31 points overall in the IB diploma with grades 5,5,5 in 3 higher level subjects.

You must also have Standard Level grade 5 in both Mathematics and English Language.

We accept the QAA-recognised Access Diploma which must consist of 45 credits at Level 3.

You must obtain a minimum of 21 credits at distinction and the rest must be at merit or distinction.

Please note that we do not accept the English and Maths components within the Access qualification and you must meet the GCSE entry requirement.

The following T Levels are accepted qualifications for this course:

Design, Surveying and Planning for Construction - grade D

Digital Production, Design and Production - grade D

Education and Childcare - grade D

Onsite Construction - grade D

Building Services Engineering for Construction - grade D

Digital Business Services - grade D

Digital Support Services - grade D

Health - grade D

Healthcare Science - grade D

Science - grade D

Accounting - grade D

Finance - grade D

Management and administration - grade D

Design and development for engineering and manufacturing - grade D

Maintenance, installation and repair for engineering and manufacturing - grade D

Legal Services - grade D

GCSE Maths – grade B/5

GCSE English Language or English Literature – grade C/4

Year 1 entry: We may consider applicants for year 1 entry who are undertaking a first year degree elsewhere. You must meet the GCSEs and A Level (or equivalent) requirements as listed. In order to be considered you will need to submit a UCAS application as we do not accept direct applications and this must include an academic reference.

Year 2 entry: Please note that second year transfers are not part of the standard admissions process and is up to the discretion of the admissions team and tutor. Applications are only considered if there is space on that year of the programme. Typically, applicants for second year entry must meet the GCSEs and A Level (or equivalent) requirements as listed. Alongside this you must have successfully passed (or be expected to pass) your first year with 120 credits on an equivalent programme at another recognised university with very similar module content. The equivalency of the programme is reviewed by the Admissions Tutor and you will be required to provide an official copy of the programme specification of this. In order to be considered you will need to submit a UCAS application as we do not accept direct applications and this must include an academic reference.

Year 3 entry onwards: We will not be able to consider any application for Year 3 or final year.

International students

Aston University is a diverse, close community and welcomes international students on many of our undergraduate programmes. Students from over 120 countries choose to study with us every year. Based in the centre of Birmingham, Aston is not only a great place to study, it’s also a great place to live.

Qualifications in your country

Applicants whose first language is not English will be required to provide evidence of an English language qualification.

English language requirements

International students can enter at Year 2 of this course having completed an undergraduate year one programme at the required academic level with approved teaching partners ONCAMPUS Aston or NCUK.

Aston University provides a range of opportunities for international students to join our community and study on our campus. A key part of our strategy is our relationships with teaching partners, providing multiple pathways to Aston.

Aston’s professional work placements can improve your chance of securing a graduate job. Placements give you experience, confidence and opportunities and, as an Aston student, you’ll be better prepared for your future career. One of the great things about Aston is our focus on employability. Our close links with businesses, industries and professions make this possible.

Find out more about applying

Course fees

UK students

First year tuition fee:

During placement year:

*UK students (Home Undergraduate):

Subject to parliamentary approval, the first year tuition fee will be £10,050, increasing annually in line with inflation for subsequent academic years.

On 20 October 2025, the Government announced that tuition fees in England will be increased annually in line with inflation, starting in 2026. The Government have since confirmed that it intends to determine the inflation-linked increase using the Retail Price Index, although this is subject to parliamentary approval.

According to the Department for Education’s Policy Paper published on 26 November, the annual tuition fee for the Programme commencing in the academic year 2027/28 is expected to be £10,050, subject to parliamentary approval. If you are holding an offer at Aston, when the annual tuition fee for your Programme for the 2027/28 academic year has been confirmed, we will write to update you. We will also provide as much information as we can about the inflation-linked increase in tuition fees for future academic years.

The duration of your programme is set out at the top of this webpage and you will be responsible for the payment of an annual tuition fee in each of these years. The University reserves the right to increase tuition fees annually in accordance with its terms and conditions and subject at all times to the maximum tuition fee caps set by Government from time to time. This means that your total tuition fee may be higher than stated above. An increase in fees will allow the University to cover the increased costs of delivering the course and ensure it is able to maintain high standards of education and facilities. Please note that our current Terms and Conditions are for 2026 entry. We expect to publish our 2027 entry Terms and Conditions in summer 2026.

Placement year fee

The placement year fee stated here is for September 2026 entry for this course. The updated placement fee for September 2027 entry will be updated on this page by 31 July 2026.

**International students (Overseas Undergraduate):

The duration of your programme is set out at the top of this course page and you will be responsible for the payment of an annual tuition fee in each of these years. The University reserves the right to increase tuition fees annually in accordance with its terms and conditions and subject at all times to the maximum tuition fee caps set by Government from time to time. This means that your total tuition fee may be higher than stated above, but your total tuition fee will never increase by more than 6% year on year. An increase in fees will allow the University to cover the increased costs of delivering the course and ensure it is able to maintain high standards of education and facilities. Please note that our current Terms and Conditions are for 2026 entry. We expect to publish our 2027 entry Terms and Conditions in summer 2026.

Scholarships

At Aston University we are committed to supporting the most talented and hardworking students to achieve their potential by providing a range of scholarships to help lower tuition and living costs.

Explore our scholarships

Assessment

Assessment is provided through a mix of coursework and examinations. This will include consultancy reports, group projects, statistical reports, and briefing notes – communicating complex ideas to people without specialist subject knowledge. Many of the assessments require you to apply relevant economic theories to gain a better understanding of controversial real-world issues.

The assessment for the placement year will give you the opportunity to reflect on your work experience and draws on learning from your previous studies.

This course will equip you with skills that are sought after by employers of the public and private sector. Our graduates are among the highest paid in the country, earning on average £37,600 three years after graduating, and £48,500 five years after graduating (Longitudinal Education Outcomes, 2025).

Our graduates are successful in finding employment in a range of roles such as:

Government economist

Economic consultant

Economic analyst

Business consultant

Market risk analyst

Business intelligence analyst

Parliamentary assistant

Commodity trader

Our graduates have gone on to work at companies such as TikTok, PWC, Barclays, HSBC, Deloitte, KPMG, Accenture, Ernst & Young, Wells Fargo, Jaguar Land Rover, AON, HMRC, PepsiCo, The Cabinet Office, The House of Commons, and the Office For National Statistics.

My graduate role at Microsoft UK

Victoria Rogers' passion for economics led her to Aston University, where she was supported to achieve her ambitions.

Discover Victoria's journey

Aston Business School graduates achieve some amazing things - whether it's setting up their own businesses, landing competitive graduate schemes, or making real differences within their communities.

Hear from our graduates

Be part of our community

Once you have joined us at Aston University, you’ll always be part of our community, even beyond graduation.

Alumni services

Simba's journey beyond graduation

After Aston, I went on The Apprentice

Sunjay's journey beyond graduation

After Aston, I worked with Kylie Minogue

Christine's journey beyond graduation

After Aston, I founded a global football franchise

Frequently asked questions

Why study economics?

Studying economics equips you to understand and address some of the most pressing challenges facing society today, including climate change, inequality, and the regulation of digital platforms. Through interactive games, experiments, and hands-on data analysis using Excel and R, you'll gain practical insights into how economic theories apply to real-world behaviour. You'll be taught by a distinguished team that includes national teaching award winners, best-selling textbook authors, and experienced researchers - offering you a unique opportunity to learn from experts who influence both academic and professional economic practice.

How will a placement year benefit me?

Whether you choose to study abroad or do a work placement, Aston University’s links with employers and universities around the world mean you will have a wide range of options to boost your employability and explore the world of work.

Our work placements give you the opportunity to apply what you have learnt on your course while gaining valuable professional and paid experience. It can enhance your graduate employment prospects and help you to make more informed career decisions. Around one in five of our placement students are offered graduate jobs by their placement employer.

Is Birmingham a good place to study?

Our campus is based in the centre of Birmingham, the youngest major city in Europe and a great place to live, work and study.

Great music and entertainment with a vibrant nightlife. Bars, clubs, pubs, live music, festivals, concerts. Whatever your tastes, there's something here for everyone.

Fantastic food. Birmingham's diverse community means you can try anything from the famous Balti triangle, the Chinese Quarter, high street chains, halal and vegan food, and Michelin-star dining.

World-class shopping. The Bullring and Grand Central is a shopper's paradise. From the world's biggest Primark to luxury brands at the Mailbox.

Arts and culture. Museums, galleries, theatres, concerts and Birmingham's art collection is as wide as it is impressive - not to be missed.

Green, open spaces. One of the greenest cities in Europe, Birmingham has hundreds of publicly accessible parks and green spaces across the city.

Sporting action. Birmingham has some of the most exciting venues for watching or participating in sport in the UK.

Discover Birmingham

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