Economics

Study Economics in the UK

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Economics is consistently one of the most quantitatively rigorous, employable degrees in the UK — closely related to Business, but with a sharper focus on data, statistical modelling, and policy analysis rather than management practice.

Why Study Economics in the UK

UK Economics degrees combine core theory (microeconomics, macroeconomics) with increasingly heavy statistical and econometric training — modern Economics is a data-driven discipline, and UK courses reflect that. Many departments have strong links to financial institutions, central banks, and policy bodies, giving genuine pathways into those sectors.

Career Opportunities

Economics graduates are recruited heavily into banking and finance, economic consulting, government and policy roles (including central banks and treasury departments), international organisations, and data analysis — and the degree consistently ranks among the higher-earning subjects in UK graduate employment surveys, reflecting the quantitative skills it builds.

Typical Entry Requirements

Mathematics is required or very strongly preferred by nearly every UK Economics course — more consistently than for Business, and worth confirming your school qualification includes it at a sufficient level for competitive courses. English requirements are typically IELTS 6.0–6.5 overall.

Foundation Route

An Economics-focused Foundation Programme (including the required Mathematics) is available for students whose school qualification doesn’t directly meet the entry threshold.

Undergraduate Options

BSc/BA Economics is standard. Joint honours combinations are common and popular — Economics with Politics, Economics with Philosophy (or the well-known three-way PPE — Philosophy, Politics & Economics — offered at a small number of universities), and Economics with Finance among them.

Postgraduate Options

MSc Economics (often requiring a strong quantitative background from your first degree) leads toward research, policy, or advanced finance roles. Specialised master’s degrees exist in Econometrics, Development Economics, and Financial Economics for students who already know their area of focus.

Scholarships

Some economics departments offer merit-based scholarships for international students — ask us about current options for your target universities.

Tuition Fees

Economics is generally a classroom-based subject with a heavier quantitative/computing component, typically placing it in the moderate tuition range — exact figures are maintained per course in our catalogue.

Top UK Universities for Economics

The London School of Economics (LSE), Oxford, Cambridge, UCL, and Warwick are among the most recognised UK economics departments — LSE in particular is globally known specifically for Economics — a starting point for research, not an exhaustive list.

Graduate Outcomes

Economics graduates consistently rank among the highest-earning graduates by subject in UK employment data, going into finance, consulting, policy, and data-driven roles across nearly every industry.

Related Subjects

Business, Finance, and Politics are commonly considered alongside Economics, each trading some of Economics’ quantitative depth for a different focus (management practice, financial instruments, or governance respectively).

How the Admission Process Works

1

Submit your application

Use the Apply Online form, along with your international passport and your highest educational certificate.

2

Our admissions team reviews

We review your documents and academic background to match you with a suitable university and course.

3

We contact you directly

By email, phone, or WhatsApp, to confirm your application and request any additional documents if needed.

4

You receive your invitation letter

Along with guidance on the next steps, including visa support and accommodation.

Frequently Asked Questions

Do I need Mathematics to study Economics?

Yes, in almost every case — this is a firmer requirement than for Business, so it's worth confirming your qualification meets it before applying to competitive courses.

What's the difference between Economics and Business?

Economics is more quantitative and policy/theory-focused; Business is more applied to management, marketing, and organisational practice. Some students study both through a joint degree.

What is PPE?

Philosophy, Politics & Economics — a well-known three-subject joint degree offered at a small number of UK universities, distinct from a standalone Economics degree.

Is there a fee for using StudyUKToday?

No. Our service is free for students — we're paid by the university once you enrol, not by you.

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