BA (Hons) Economics

You’ll be supported in your studies and preparing for your future
You’ll be supported in your studies and preparing for your future
We are ranked 14th for Economics in the UK
We are ranked 14th for Economics in the UK
Ranked 9th for ‘Overall Satisfaction’ in 2021 NSS for Economics
Ranked 9th for ‘Overall Satisfaction’ in 2021 NSS for Economics

This course includes the options of:

work-experience

Work placement*

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Study abroad*

*No fees are charged for this year

Why choose this course?

  • The economics course at Hertfordshire has been ranked as the 14th best in the UK (Guardian League Table 2020)
  • Broaden your understanding of the role economics plays in shaping policy in companies, institutions, and governments
  • Gain the required skills and knowledge that are geared towards the demands of today’s economic environment, allowing you to thrive in your future career
  • Access to first-class teaching facilities and resources, which have been designed to help you with your studies
  • Hertfordshire was ranked as the top university where economics students were challenged to achieve their best work in the 2021 National Student Survey (NSS)
  • You will be taught by a skilled and supportive group of academics and professionals, who bring together years of extensive knowledge and experience from different industries and academic institutions. They will challenge you, develop you and equip you with the necessary knowledge and skills required to thrive in today’s economic landscape
  • You could be eligible for a £2,000 scholarship if you achieve a tariff of 120 UCAS points (in one sitting) and are a full-time home student starting your course in September 2022. Full eligibility criteria and further details.

  Careers and employability 

85% of UH Economics graduates are in employment or further study 15 months after graduating (Graduate Outcomes Survey 2018-19) and the average salary of our economics students 15 months after graduation is £25,000 (Graduate Outcomes Survey 2017-2018).   

Many of our graduates have found work in the public sector and private sector, in roles such as Financial Consultant, Business Development Manager, Finance Graduate Trainee, Junior Financial Analyst, Stockbroker and Wealth Adviser.

Our graduates have also gone on to work for reputable employers such as HMRC, Citibank, Royal Bank of Scotland, Santander, Hilton Worldwide and Engie Futures.

Our aim is not only to teach you the principles of economic theory but how to use those theories in practical business environments. This is the reason why so many of our students thrive in industry after graduation. 

What's the course about?

Indicative course structure

This course will give you a solid knowledge of economics and a rigorous understanding of the quantitative methods economists use in their analyses. It will also enable you to apply economic principles to a wide variety of contemporary problems and use your quantitative skills in numerous professional situations when you graduate. The course will also have modules specifically focused on your employability and developing and enhancing the skill necessary to thrive in your future career. These skills will be valuable for career roles such as Financial Risk Analyst, Auditor, Risk Manager, Business Analyst, Stockbroker, and more. 

The opportunity to study abroad or spend a year in industry will give you valuable experience and enhance your career prospects. 

You can also study a language with this course. You can be awarded the degree ‘with language’ in the title if you choose to study a foreign language in all years of study.

In the first year, all students study introductory modules on microeconomics and macroeconomics and are equipped with fundamental quantitative skills. The Intro to Microeconomics module is concerned with the behaviour of individual firms, markets, and consumers and their economic activity. The Intro to Macroeconomics module looks at the economy as a whole and focuses on economic factors such as interest rates and national productivity. Our students must have a general understanding of both of these economic concepts as they will be beneficial in making and understanding practical business decisions in their future careers.  

In the second year, all student progress to intermediate microeconomics and macroeconomics. Economics students develop their quantitative skills by studying techniques of economic analysis and econometrics, while Business Economics students enhance their appreciation of economics in relation to business. Students will learn about consumers and firms and how their decisions making affect the markets in which they engage and ultimately the success of the economy. This vital relationship will be explored for various types of market structures. During this year, students will also develop and enhance employability and research skills that will equip them for future employment.  

In the final year, Business Economics students study managerial economics and strategic thinking in business, while Economics students study advanced microeconomics and macroeconomics with an emphasis on policymaking. Students of both pathways can choose from a variety of optional modules, including Industry Practise for Economic Professionals. In this module, students will assess, develop and evaluate their employability skills through work-based learning. Through their work students will have the opportunity to apply and critically evaluate academic theories and current business school research in practical business environments.  

Your main campus is de Havilland

You’ll share this campus with students from business, law, sport, education, and humanities subjects. The student housing is close to our Sports Village which includes a gym, swimming pool and climbing wall. You can get breakfast, lunch, or dinner in our on-campus restaurant or bar (in the newly built Enterprise Hub) on days you don’t feel like cooking. You can also use the common room to play pool, video games or just to hang out with friends.  Our Libraries are open 24/7, which means you can study whenever suits you best. Want to pop over to the other campus? You can take the free shuttle bus or walk there in just 15 minutes.  

What will I study?

You will be studying four 15 credit modules in each semester (this may vary between double modules) and your contact time varies between modules, but usually you will have two sessions per week for each module, a one-hour lecture followed by a one-hour seminar/tutorial. Typically, a new topic or theory will be introduced in each lecture and will be followed up with class discussion and feedback in the subsequent seminar. In addition, as part of your study time, you will be collaborating with your peers on tasks and group assignments. Module leaders also offer weekly drop-in and feedback sessions, usually 2 x 1 hour per module as well as revision sessions.

The University’s ‘online learning environment’ means you can access all your course resources, literature and timetables from anywhere in the world.

Usually, assessment is split between coursework and examinations. The style of coursework can vary from presentations to business reports, essays depending on the taught topics.

During his time (BA (Hons) Economics, graduate) in the Engineering team, he has proven to be a good communicator, analyst and preformed all tasks set to him at a high standard. His economics background provided very useful skills for tackling the benchmarking task. This involved critical data analysis over large sums of data with the intention of creating a working benchmarking template for the Engineering team to use in 2020. He accomplished this task by providing an excellent team presentation and final documentation.

Manager

ENGIE (utilities company)

Student Blogs

Jess - Week at a glance

My week at a glance

So, I applied for this course through clearing and it has been a highly educational and enjoyable two years and I am incredibly happy that I was told about this course through my teachers at the other campus. The way that our course works is that you go to your local consortium college (whether that be: Oaklands, West Herts, North Herts or Herts Regional- my college) and you learn a similar specification to those at the university campus, however, the material taught varies slightly in the way we carry out tasks; taking a more practical approach instead helps prepare us more for the workplace!

In the second year of our course, the biggest project we completed was a work-based learning project worth 30 credits. If we failed this, we would fail the entire year. This project asks for us to carry out research and make our own report. Having finished this project, I really enjoyed the process. This is the module with the most focus in year two due to the fact it carries the most marks!

My course is taught from Hertford Regional College, Ware Campus, one of University of Hertfordshire’s consortium colleges and the requirements are for me to be in two days a week. In the first year of my foundation degree, I needed to come in on Tuesday and Thursday. In the second year, it was Thursday and Friday. A typical day of a student at our college as part of the HE (Higher Education) department would look like:

09:30 Lecture starts - Our one to one lecturer would begin their lecture at 09:30 in comparison to a normal 09:00 start at University. Our first day in the week would normally consist of a 09:30 lecture until 11:00. However, despite that fact that this may seem quite long it goes by quickly as the information we learn is never too bulky to keep and is delivered in a fun and educational way.

11:00 -15/20 minute break

11:20-12:30 - Group discussion and extra topics normally discussed- we would normally discuss in our small class size (around 10 of us) about what we think about the topic we are learning about, whether we agree/disagree with each other,

12:30- 13:30 - An hour lunch break

13:30-14:30 -Class resumes

14:30- 14:15 - Second section of the day

14:30-15:15 - Lecture two

15:15-15:45 - one to one tutoring- progress checks- are you meeting your targets? what is your weekly attendance, have you been attending on time? how do you feel you are getting on? what is something you are struggling with?

15:45-16:15 - Last section of the day- Something which may at first appear off-putting about the foundation degree course is the normal day of our class and how similar it may appear to a normal school or working day. Personally, this has been very good in getting me into work mood which is the main aim of the course as it tests your punctuality, your ability to present original and organic ideas with substance and lastly tests your ability to get on with others (ie future colleagues). The course really prepares you for the real and competitive working world.

Student Blogs

Jess - Things you should know

Something interesting for a prospective student to consider

Something I think would be interesting to a prospective student when considering the FDA course is how great it is to commute to if you live within the Ware/Hertford area. For me, I lived a seven-minute drive from the facilities, so it was in perfect distance. I would really say this may be a massive positive for prospective students who do not wish to go far away from home/are unable to study far away from home due to medical or personal reasons.

An added element worth noting is that our course is cheaper. The standard course at the university is a fair amount more expensive in comparison; per year our course costs £6,165 compared to £9,250 at University.

Another thing worth noting is that the experience feels more personal compared to a larger course with lots of people. You get to know everyone on your course so that you are very comfortable with all of them by the time that your course ends. When you enter your third year you are taught on campus.

A final thing to consider is if you feel it has all gone wrong on results day, whether that be in your A levels or your Level three BTEC. This course is a great alternative for students who did not do as well as they may have hoped for whatever reason that may be! Another thing which is good for potential students considering this course is that you can still retake Maths/English alongside side the course. If there is a grade you were previously unhappy with you can still retake it, however, after 19 there may be fees that apply for you to be able to retake your Maths and English qualifications. The course is very welcoming and after the two years you can then go to the main campus with everyone else and by that stage, you would have built up your confidence and be ready to take on University life! Enjoy!

Student Blogs

Jess - Choosing my course

What I love most about my course

Over the past two years, What I love most about my course is the flexibility, confidence-building opportunities and the ability to investigate weaknesses in my skills and improve them as well as my and confidence in my abilities. Although the course is not taught directly from the university over the last two years, I felt highly independent.

As time when on I felt that being independent was very easy compared to when I was at college because if I were unsure about the quality of work I was producing, I would always ask questions. The course allows you to develop your skills individually and the small class sizes are great for those who may not learn well in a large lecture full of people. The smaller class size allows individuals to receive the help that you won’t get in a lecture class size.

For someone who suffers badly with social anxiety this course has been ideal as I now feel much more comfortable in my surroundings and environment and find it easy to relax and learn, therefore, if you feel overwhelmed with big lecture halls that have a 200-student capacity, this course is perfect for you. We are also able to see other Higher Education (HE) colleagues on the top floor art department who are studying HE Visual Merchandising and Graphic Design. This is nice as sometimes it may feel as though we aren’t at university so when we see students who are also studying HE courses, it makes us feel like we belong.

The graphic design and visual merchandising students also have a separate room upstairs- so if anyone is interested in studying one of the creative subjects, I would definitely say that Herts Regional College (HRC) cater well for it- especially as the campus itself is commonly known as the “creative enterprise campus”.

Student Blogs

Sarah - Business

Alumni Stories

Elizaveta Zaskalko

Meet Elizaveta Zaskalko who has explored the tourism industry and shared her passion for travel. She currently works at Expedia Inc as Associate Market Manager.

Read more stories Find out more about this course
Current job roleAssociate Market Manager
Year of graduation2016
Course of studyBA (Hons) Tourism Management with French

Elizaveta Zaskalko headshot

A passion for travel

Elizaveta always had a passion for tourism and knew her career would be within the industry. She currently works at Expedia Inc as Associate Market Manager in the Join Expedia Team (JET) and is responsible for the acquisition of new hotels in Kent.

She started at Expedia straight after graduating from the University in 2016, in the role of Market Associate in the Account Management team. After a year in post she decided to step out of her comfort zone and apply for a promotion in the expanding JET team.

Studying at the University gave her a vast knowledge of the tourism industry which she previously lacked and prepared her for entering the sector. Tourism is a diverse and global industry with many career opportunities for new graduates.

She says, 'When I started my studies, I knew that I wanted to work in the tourism industry but had no idea which part of it. As I progressed, I learned about so many different branches of the industry and it really helped me to narrow it down to the one I actually really enjoyed.'

Strong employment links

'The best thing about my course is that it prepared us for the working world. The programme had a huge focus on employability, which I think was incredibly useful. Coming out of university I knew where I wanted to go, what I wanted to do and how to achieve it.'

The employment focus and links to industry embedded into Elizaveta's degree are what persuaded her to study at Herts. Our courses are designed to give students great opportunities, prepare them for professional life and provide them with direct access to their chosen profession through expert teaching and tangible industry connections.

Elizaveta says, 'An important factor for me choosing to study at the University was being able to do an industry placement year, as it's very hard to get a job without work experience nowadays. My placement year was very challenging but it was one of the most useful experiences I have had so far.'

The best thing about my course is that it prepared us for the working world. The programme had a huge focus on employability, which I think was incredibly useful. Coming out of university I knew where I wanted to go, what I wanted to do and how to achieve it.

Alumni Stories

Abies Iriowen

Meet Abies Iriowen who has applied her degree to improve diversity and equality in businesses. She currently works as a Diversity & Inclusion Coordinator at Goldman Sachs

Read more stories Find out more about this course
Current job roleDiversity and Inclusion Coordinator
Year of graduation2018
Course of studyBA (Hons) Business and Event Management

Abies Iriowen

University experience

Abies has fond memories of her time at the University of Hertfordshire and is grateful for all of the opportunities she had within and outside of her studies.

She stresses the importance of joining societies, going on trips and taking advantage of tutors. She says, that her studies gave her ‘the push to get practical work experience as they taught me great organisation skills and how to work well in a team.’

As part of her degree, Abies secured a placement at FDM group who then asked her to come back after she graduated. ‘I got to this point in my career by getting as much work experience as possible. I completed two summer internships before securing my placement.’.

Current career and future

As a Diversity and Inclusion Coordinator at Goldman Sachs, her role involves ‘managing school engagement programmes across the UK, supporting external conversations and diversity and inclusion, and delivering all Diversity and Inclusion Events across the country.’

In the future, she hopes to work her way up in an organisation to promote and support inclusive working environments.

I got to this point in my career by getting as much work experience as possible. I completed two summer internships before securing my placement.

Due to the ongoing Coronavirus pandemic, examinations may be replaced by an alternative form of assessment during the academic year 2021/2022. Please refer to the Programme Specification on these pages for further details.