Academic subjects
24 May 2023
Follow the money: a beginner's guide to studying economics in the UK
Discover the world of economics in the UK: A beginner's guide to studying economics at top universities. Get expert 1:1 tutoring and courses with Melio Education.
by Rachel Timmins · 4 minutes
If you're interested in the world of finance, commerce, and business, then studying economics at a UK university might be the perfect choice for you. Economics is a fascinating subject that explores how people, governments, and organisations make decisions about how to allocate resources, create wealth, and generate value.
If you're just starting out on your journey to study economics at a UK university, here's a beginner's guide to help you navigate your way through the process.
The first step is to choose the right economics course that suits your interests and career goals. You can study economics as a single honours degree, or as part of a joint honours degree with subjects like mathematics, politics, or business. Look at the course content and the modules on offer to make sure they align with your interests and career aspirations.
The next step is to research universities that offer economics courses that you're interested in. Look at university rankings, student satisfaction surveys, and course reviews to get a sense of which universities are best for studying economics. You may also want to consider the location, campus facilities, and student life when choosing a university.
Once you've chosen the course and university you want to apply to, it's time to prepare your application. This typically involves filling out an online application form, submitting transcripts and academic references, and writing a personal statement that explains why you want to study economics and why you're a good fit for the course.
Before you make your final decision, attend open days at the universities you're interested in if you can. This is a great way to get a feel for the campus, meet current students and staff, and ask any questions you might have about the course or university.
Once you've been accepted into an economics course at a UK university, it's time to start studying hard. Economics is a challenging subject that requires a strong grasp of maths, statistics, and analytical thinking. Attend lectures and seminars, read widely, and engage with your tutors to get the most out of your studies.
Studying Economics in one of the world's most popular study destinations will undoubtedly broaden your work opportunities. The greatest institutions in the United Kingdom for Economics have been listed among the top universities in the world.
UK universities are well-known for their academic brilliance, highly qualified teaching and research staff, and welcoming study environments. Every year, thousands of students enrol in UK universities.
This demonstrates that residing in the UK and obtaining a British degree has a wide range of academic and personal benefits. Here are some of the finest universities in the UK for Economics, according to QS World University Rankings in 2022:
This university, which was established with the goal of improving society and striving towards a better future, offers a vibrant environment with thousands of students from all over the world. One of the top economics departments in the world is the LSE Department of Economics. It is a sizable department that aims to ensure that the traditional fields of economics are substantially represented in both research and instruction. The following undergraduate and graduate programmes are available at this university:
BSc in Mathematical Economics and Econometrics
Economics and Economic History in a BSc.
Graduate-level Programmes
a two-year master's programme in economics
MSc in Mathematical Economics and Econometrics
One of the top economics departments in Europe is found at Oxford University. Some of the top professors are employed by this department, which is dedicated to both teaching and research excellence.
The MPhil and DPhil programmes offered by the department are renowned for the high calibre of their training as well as the scholarships they offer. High-level leadership positions are held by alumni of this department in the public sector, in academia, and in business. The following are the undergraduate and graduate courses offered by this department:
BA. (Hons) in History and Economics
BA. (Hons) in Economics and Management
BA. (Hons) in Philosophy, Politics, and Economics
MPhil in Economics
The Doctoral Research Degree in Economics (DPhil in Economics)
MSc. in Economics for Development
MSc. in Economic and Social History
MSc in Financial Economics
MPhil in Economics and Social History
There are more than 18,000 students studying at the University of Cambridge from different countries. This university aspires for excellence and achieves it with more than 11,000 employees, 31 Colleges, 150 Departments, Faculties, and Schools. Students at the University of Cambridge can also choose to pursue an Economics degree at the undergraduate and graduate levels. It provides the following programmes:
Economics BA
Economics Advanced Diploma
Economics MPhil
Economics MPhil in Economic Research Economics and Finance MPhil
Economics PhD
One of the most established faculties in the world is the Faculty of Economics at the University of Cambridge. The goal of this faculty's BA in Economics course is to provide students with a thorough understanding of economics and the necessary abilities to excel in the workplace.
Since its founding in 1826, University College London (UCL) has grown to rank among London's top universities. More than 13,000 employees work there, and 42,000 new students are coming from all over the world. They are renowned as a multicultural group that places a high value on independence, difficulties, and creative problem-solving. The following are just a few of the many Economics programmes the institution offers:
Economics with a Placement Year BSc (Econ)
Philosophy, Politics and Economics BSc
Economics and Statistics BSc (Econ)
Mathematics with Economics BSc
Mathematics with Economics MSci
Economics and Geography BSc (Econ)
Economics with a Year Abroad BSc (Econ)
Economics and Business with East European Studies with a Year Abroad BA
Statistics, Economics and Finance BSc
Statistics, Economics and a Language BSc
Economics and Business with East European Studies BA
Philosophy and Economics BA
Economics BSc (Econ)
More than 9,500 international students from about 147 different countries attend the University of Warwick. It provides a wide variety of educational alternatives in addition to numerous opportunities to travel overseas. You will confront tough academic obstacles while attending this top-ranked university, which will equip you with the abilities to conquer any challenge you may meet in your academic career. These courses are available in economics at this university:
Economics (BSc)
Economics and Industrial Organisation (BSc)
Philosophy, Politics, and Economics (BA/BSc)
Economics, Politics, and International Studies (BA/BSc)
Economics, Psychology and Philosophy (EPP) (BA/BSc)
French and Economics (BA)
Modern Languages and Economics (BA)
Hispanic Studies and Economics (BA)
Economics (MSc)
Economics and International Financial Economics (MSc)
Finance and Economics (MSc)
Economics and International Financial Economics (MSc)
Economics (MRes leading to PhD)
Behavioural and Economic Science
Economics (Diploma & MSc)
In conclusion, studying economics at a UK university can be a great choice if you're interested in finance, commerce, and business. By following these steps, you can set yourself up for success and get the most out of your university experience.
Are you looking to study economics at a UK university? Melio Education can help you achieve your academic and personal goals through our 1:1 online tutoring and academic courses. Our economics courses are designed to give you the edge you need when applying to top UK universities. Whether you need help with basic concepts or want to excel in advanced coursework, we offer tailored support that meets your unique learning needs. Contact us today to learn more about how Melio Education can help you achieve your academic dreams.