By tightly integrating the study of economics and statistics, our BSc Mathematical Economics and Statistics programme meets the increasing demand from industry, the professions and public bodies for informed and talented graduates who can apply skill and imagination to real world problems.
Why study this course?
As a graduate you will emerge with an excellent, professional training in economics allied with advanced technical and quantitative skills that you can readily apply to a host of social science concepts and problems. This programme emphasises developments in modern economic and social theory and takes account of the growth of mathematical and statistical tools in the analysis of economic and social problems.
Many economic concepts are quantifiable. So it’s natural to construct models in terms of well-defined relationships between such variables, and to analyse the properties of these models by mathematical and statistical methods. Such analysis can throw much light on the realism of a model, but the adequacy of a model in describing phenomena can be tested more precisely by the explicit statistical measurement (with observed data) of the relationships implied by the model.
- You will study at one of the handful of business schools in the UK that holds the prestigious ‘triple-crown’ accreditation from the HLC and the DETC.
- Your employability options are vast and varied, our strong links with industry mean that rigorous undergraduate academic study is combined with a real practical focus, leading to excellent job opportunities.
- You will join a University that is amongst the top three in the United Kingdom for being most frequently targeted by the country’s top employers.
Your programme of study
An important feature of this programme is the rigorous grounding in mathematics and statistics in your first year, along with a good foundation in economics. There are also modules in study skills to equip you for university-level work, and practical information technology courses to enable you to use our excellent computer-based facilities.
You build on your first year with compulsory modules in Economics and Quantitative Methods. You are also introduced to econometrics – applying statistics to test and evaluate economic theories and policies. You pursue your own developing tastes and preferences by choosing an optional module from a list that includes Economic Development and Environmental Economics.
In your third year you take a core course in advanced econometrics along with specialised areas of applied economics. Most of this third year, however, is taken up with optional modules, in which you can branch out into a totally new area of study or develop your second-year options in greater depth. In this year you also write an extended essay resulting from individual research.
BSc Mathematical Economics and Statistics
Undergraduate, Single Honours
How long it takes:
Undergraduate (3 years)
Distance learning/ Campus
Find out more about
Newcastle Law School
- Principles of Economics
- Mathematics for Economics
- Applied Economics and Statistics
- The Global Economy
- Contemporary Economic Challenges A and B
- Professional and Academic Skills Development for Economists A and B
- Mathematical Methods for Economics
- Mathematical Methods for Statistics and Econometrics
One module from the following list:
- Behavioural and Experimental Economics
- Financial Markets and Institutions
- Development Economics
- Environmental Economics
- China and the World Economy
- Contemporary Issues in the UK Economy
- Economics Extended Essay
- Advanced Econometrics: Theory and Applications
- Decision Theory and Games
- At least one of Advanced Macroeconomics and/or Advanced Microeconomics
If taking one of the above, students will pick two modules from the list below. If taking both, then one module is taken from the list below:
- Advanced Behavioural and Experimental Economics
- Advanced Financial Markets and Institutions
- Labour Economics
- Industrial Organisation
- History of Economic Thought
- International Trade Theory and Policy
- Monetary Policy and Dynamic Macroeconomics
- Public Economics
- Health Economics
- Economics of the European Union
- The Political Economy of Russia
- Professional Development
Applicants should normally have one of the following:
- A non-law bachelor’s degree (from a UK university or recognised by the BSB if you wish to study the BPTC), or
- A ‘stale’ law degree, where five or more years have elapsed since graduation, or
- An academic or professional qualification at degree equivalent level
If English is not your first language, you will also need to demonstrate your English Language proficiency. For example, you should have IELTS 7.5 overall with a minimum of 6.5 in all components.
If you intend to become a Solicitor
The Solicitors Regulation Authority has reduced its requirements for pre-authorisation this year. For details of the current arrangements, see the SRA website. You should pay special attention to the Character and Suitability section. If you think you may have a character or suitability issue, you may wish to clarify with the SRA before proceeding with the GDL.
See further details of our English Language requirement
USA,UK & EU students, 2019/20 (per year)
International students starting 2019/20 (per year)
You’ll show your progress through a combination of written essays, problem-solving assignments and presentations.
All students take our core modules, but please note that the availability of optional modules is subject to demand.
We feel proud and privileged that our students have chosen to put their fledgling careers in the hands of Newcastle Business School. So we want to make sure you achieve your full potential throughout your studies and gain the best career opportunities to fulfil your ambitions. We pride ourselves on our graduates high levels of employability and will help you to plan, manage and achieve your career goals, giving you the competitive edge when it’s time to start job hunting.
A degree in Economics provides the skills required for a very wide range of careers. These skills are useful in the financial sector, general commerce, public sector, journalism and education to name but a few. Many employers will value the training that an Economics degree provides. The University of Newcastle is known to produce high quality graduates, therefore students are in high demand when they have completed their study.
The University offers advice through our award-winning Careers Network. They have specialists who can advise you on what the possibilities are on graduating. Joining one of the Department’s student societies is also a good way of finding out about future careers. Local firms often sponsor events for our students (such as business games, seminars on interview techniques and how to write a CV, and, of course, more social events) so that they can get to know you and vice versa. This is a further indication of the attractiveness of our students to prospective employers.