Psychology and Economics
Heriot-Watt University
UCAS Code: C8EC | Bachelor of Science (with Honours) - BSc (Hons)
Entry requirements
A level
For entry to Year 2: ABB including Psychology.
GCSE/National 4/National 5
It is also a requirement of every applicant to have English and Mathematics at a minimum of National 5 Grade C or GCSE Grade C or 4 (or equivalent)
International Baccalaureate Diploma Programme
For entry to Year 2: 34 points.
Pearson BTEC Level 3 National Extended Diploma (first teaching from September 2016)
in relevant subject (Health and Social Sciences preferred) for entry to Year 1. For entry to Year 2: DDM in relevant subject (Health and Social Sciences preferred).
Scottish Advanced Higher
plus AABB at Highers (including Psychology) for entry to Year 2.
Scottish HNC
HNC (Social Sciences) with B in graded unit (Psychology, Research Methods/Statistics required modules) for entry to Year 1. For entry to Year 2: HNC (Social Sciences) with A in graded unit (Psychology, Research Methods/Statistics required modules).
Scottish HND
HND (Social Sciences) with BB in graded unit (Psychology, Research Methods/Statistics required modules) for entry to Year 1. For entry to Year 2: HND (Social Sciences) with AB in graded units (Psychology, Research Methods/Statistics required modules).
Scottish Higher
We will consider T Levels as suitable for entry to our degree programmes, however, certain subject requirements may be required for entry to specific programmes. Where this is not evident as part of the T Level studies, we may ask for additional qualifications.
UCAS Tariff
We've calculated how many Ucas points you'll need for this course.
About this course
This programme is based in the Department of Psychology and it draws on the well-established undergraduate programmes in economics and psychology. The mandatory courses in the programme are taken from the core courses in both disciplines, ensuring that students will graduate with a deep understanding of the nature of both disciplines and of the many fruitful linkages between them. Students will take courses in all core areas of psychology with an emphasis on social and cognitive psychology, which will equip them with the tools necessary to understand the links between individual and social behaviour. They will also study courses in microeconomics and macroeconomics, introducing them to the principles of economic analysis, applied to individual decision making within a rational choice framework, and to the behaviour of economic systems. In third and fourth year, students will take courses at the intersection of psychology and economics, studying axiomatic analysis of decision making and observationally based models of choice, so that they can explore the implications of these distinct, but complementary, explanations of (human) behaviour. Finally, they will undergo training in research methods and statistical analysis, culminating in a dissertation, which will run across both semesters of their final year.
At all stages of the programme, there will be opportunities to take optional courses, allowing students to tailor their studies to meet their own interests. The precise choice of courses at each stage will change over time, adapting to students’ interests and the research specialisms of academic staff.
Tuition fees
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What students say
We've crunched the numbers to see if overall student satisfaction here is high, medium or low compared to students studying this subject(s) at other universities.
How do students rate their degree experience?
The stats below relate to the general subject area/s at this university, not this specific course. We show this where there isn’t enough data about the course, or where this is the most detailed info available to us.
Economics
Teaching and learning
Assessment and feedback
Resources and organisation
Student voice
Who studies this subject and how do they get on?
Most popular A-Levels studied (and grade achieved)
Psychology
Sorry, no information to show
This is usually because there were too few respondents in the data we receive to be able to provide results about the subject at this university.
Who studies this subject and how do they get on?
Most popular A-Levels studied (and grade achieved)
After graduation
The stats in this section relate to the general subject area/s at this university – not this specific course. We show this where there isn't enough data about the course, or where this is the most detailed info available to us.
Economics
What are graduates doing after six months?
This is what graduates told us they were doing (and earning), shortly after completing their course. We've crunched the numbers to show you if these immediate prospects are high, medium or low, compared to those studying this subject/s at other universities.
Top job areas of graduates
This is a degree in demand, as business increasingly needs workers who can examine and explain complex data. And yet the number of economics graduates fell by nearly 10% last year, which means demand is even greater. As so many economic grads go into banking and finance, it's not surprising that over half of all 2015's economics graduates who did go into work were working in London. And don't think it's just the finance industry that's interested in these graduates - there's a significant number who enter the IT industry to work with data as analysts and consultants. It's quite common for economics graduates to go into jobs such as accountancy and management consultancy which may require you to take more training and gain professional qualifications - so don’t assume you won’t have to take any more exams once you leave uni. And the incentive to take them, of course, is better pay, which will be on top of an already healthy average starting salary of over £30,000 for graduates working in the capital.
Psychology (non-specific)
What are graduates doing after six months?
This is what graduates told us they were doing (and earning), shortly after completing their course. We've crunched the numbers to show you if these immediate prospects are high, medium or low, compared to those studying this subject/s at other universities.
Top job areas of graduates
20 years ago, this was a specialist degree for would-be psychologists but now it is the model of a modern, flexible degree subject. One of the UK's fastest-growing subject at degree level, and the second most popular subject overall (it recently overtook business studies), one in 23 of all graduates last year had psychology degrees. As you'd expect with figures like that, jobs in psychology itself are incredibly competitive, so to stand a chance of securing one, you need to get a postgraduate qualification (probably a doctorate in most fields, especially clinical psychology) and some relevant work experience. But even though there are so many psychology graduates — far more than there are jobs in psychology, and over 13,800 in total last year — this degree has a lower unemployment rate than average because its grads are so flexible and well-regarded by business and other industries across the economy. Everywhere there are good jobs in the UK economy, you'll find psychology graduates - and it's hardly surprising as the course helps you gain a mix of good people skills and excellent number and data handling skills. A psychology degree ticks most employers' boxes — but we'd suggest you don't drop your maths modules.
What about your long term prospects?
Looking further ahead, below is a rough guide for what graduates went on to earn.
Economics
The graph shows median earnings of graduates who achieved a degree in this subject area one, three and five years after graduating from here.
£21k
£32k
£37k
Note: this data only looks at employees (and not those who are self-employed or also studying) and covers a broad sample of graduates and the various paths they've taken, which might not always be a direct result of their degree.
Psychology (non-specific)
The graph shows median earnings of graduates who achieved a degree in this subject area one, three and five years after graduating from here.
£19k
£23k
£22k
Note: this data only looks at employees (and not those who are self-employed or also studying) and covers a broad sample of graduates and the various paths they've taken, which might not always be a direct result of their degree.
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Teaching Excellence Framework (TEF):
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This information comes from the National Student Survey, an annual student survey of final-year students. You can use this to see how satisfied students studying this subject area at this university, are (not the individual course).
This is the percentage of final-year students at this university who were "definitely" or "mostly" satisfied with their course. We've analysed this figure against other universities so you can see whether this is high, medium or low.
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This information is from the Higher Education Statistics Agency (HESA), for undergraduate students only.
You can use this to get an idea of who you might share a lecture with and how they progressed in this subject, here. It's also worth comparing typical A-level subjects and grades students achieved with the current course entry requirements; similarities or differences here could indicate how flexible (or not) a university might be.
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Post-six month graduation stats:
This is from the Destinations of Leavers from Higher Education Survey, based on responses from graduates who studied the same subject area here.
It offers a snapshot of what grads went on to do six months later, what they were earning on average, and whether they felt their degree helped them obtain a 'graduate role'. We calculate a mean rating to indicate if this is high, medium or low compared to other universities.
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Graduate field commentary:
The Higher Education Careers Services Unit have provided some further context for all graduates in this subject area, including details that numbers alone might not show
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The Longitudinal Educational Outcomes dataset combines HRMC earnings data with student records from the Higher Education Statistics Agency.
While there are lots of factors at play when it comes to your future earnings, use this as a rough timeline of what graduates in this subject area were earning on average one, three and five years later. Can you see a steady increase in salary, or did grads need some experience under their belt before seeing a nice bump up in their pay packet?
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