MEcon Economics (integrated masters) including year abroad
Entry requirements
A level
ABB- BBB or 128- 120 tariff points from a minimum of 2 full A-levels
Access to HE Diploma
QAA-approved Access to HE Diploma: 15 level 3 credits at Distinction and 30 level 3 credits at Merit – 6 level 3 credits at Distinction and 39 level 3 credits at Merit, depending on subject studied - advice on acceptability can be provided, please contact [email protected] for more information.
International Baccalaureate Diploma Programme
or three Higher Level certificates with 655-555, including Standard Level Maths/Maths Studies grade 5, if not taken at Higher Level. Please note that Maths in the IB is not required if you have already achieved GCSE Maths at grade C/4 or above or 5 in IB Middle Years Maths. We are also happy to consider a combination of separate IB Diploma Programmes at both Higher and Standard Level. Exact offer levels will vary depending on the range of subjects being taken at higher and standard level, and the course applied for. Please contact the Undergraduate Admissions Office for more information on [email protected].
Pearson BTEC Level 3 National Extended Diploma (first teaching from September 2016)
Entry requirements for students studying BTEC qualifications are dependent on subjects studied. Advice can be provided on an individual basis. Please email [email protected] for advice on acceptability
UCAS Tariff
128 - 120 tariff points from a minimum of 2 full A-levels
About this course
Studying economics provides you with a greater understanding of the world around you. It teaches you how the economy functions, how people make decisions, why an economic crisis occurs and what the different solutions are. Economics at Essex is not only about stocks, shares and financial markets; it is concerned with the material wellbeing of human societies. Moreover, Economics isn’t optional to study right now: it’s vital to our future well-being in a post COVID-19 global society. The skills you learn at Essex will be in high demand from employers in the coming years to tackle the post-pandemic world.
At Essex we push the frontiers of accepted wisdom, critically examining the decisions of individuals, the strategies of firms, and the policies of governments to understand and challenge the standard paradigms of economics. On this course, you build a thorough understanding of the key areas of economics from first-year undergraduate to post-graduate level. Throughout the course you will study modern macroeconomics and microeconomics with applications to policy, as well as econometric methods and the use of data. Within and beyond these core areas you will study topics such as:
- Strategic behaviour
- Public choice
- Labour markets
- Fiscal and monetary policy
- Theories of growth
In addition to learning the essentials of microeconomics, macroeconomics and econometric methods, you also have the option to explore a wide set of selected topics in economics to hone your skills, such as Management Economics and Market Analysis, International Trade and Financial Economics. Much of our world-class research is related to policy, and we have particular strengths in the areas of, game theory and strategic interactions, theoretical and applied econometrics, and labour economics. The quality of our work is reflected in our stream of publications in high-profile academic journals, including American Economic Review, Econometrica, and Review of Economic Studies.
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)
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.
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.
£23k
£30k
£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.
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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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