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University College London (UCL) Course/Program Name
Application closes on
National :15 Jan 
International :15 Jan 
EU :15 Jan 

BSc Economics with a Year Abroad

 Course Level
Bachelors / UG
Full Time

4 Years
 Start month

 Tuition fee

16690 GBP
9000 GBP
9000 GBP

Application fee

International 12 GBP
National 12 GBP
Social & Historical Sciences
Scores accepted
IELTS (min)6.5
TOEFL-IBT (min)92

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About this course

A unique programme which combines a rigorous economics curriculum with a year of study abroad at a university overseas. Our highly regarded department offers a stimulating learning environment in central London, close to one of the world’s largest financial centres.

Degree benefits

  • Alongside the core competencies of the Economics BSc, you will gain transferable skills such as adaptability, flexibility and sensitivity to cultural differences.
  • Learn in one of Europe's leading centres for research in economics. Our research informs policy advice to international governments and agencies, such as the United Nations and the World Bank.
  • Theyare recognised for our internationally distinguished research, and UCL Economics was ranked first in the UK in the most recent (2014) Research Excellence Framework.
  • Benefit from our prestigious annual Gorman lecture series presented by eminent economists and from the activities of our two student societies, the Economist's Society and the Economics and Finance Society, which include the publication of The Drayton Tribune magazine.


  • Many useful skills can be gained through the study of economics, for example: finding solutions to real-world problems, mathematical skills and an enhanced understanding of contemporary political and economic events.
  • About one-third of our graduates move directly into graduate study, including MScs in Economics, MBA programmes and conversion courses in computing and law. Students have also proceeded to doctoral programmes including those in major US economics departments such as Columbia, Yale and Chicago.
  • Graduates entering employment predominantly move into management, banking and finance and the civil service.

Check further details on University website

Eligibility Criteria

Entry requirements

A Levels

  • Grades: A*AA
  • Subjects: Mathematics grade A* required, plus grade A if Economics being offered.
  • AS Levels: For UK-based students a pass in a further subject at AS level or equivalent is required.
  • GCSEs: English Language and Mathematics at grade C. For UK-based students, a grade C or equivalent in a foreign language (other than Ancient Greek, Biblical Hebrew or Latin) is required. UCL provides opportunities to meet the foreign language requirement following enrolment, further details at: www.ucl.ac.uk/ug-reqs

IB Diploma

  • Points: 39
  • Subjects: A score of 19 points in three higher level subjects including grade 7 in Mathematics and grade 6 in Economics if taken, with no score lower than 5.

English language requirements

  • If your education has not been conducted in the English language, you will be expected to demonstrate evidence of an adequate level of English proficiency. Information about the evidence required, acceptable qualifications and test providers can be found on our English language requirements page.
  • The English language level for this programme is: Good
  • A variety of English language programmes are offered at the UCL Centre for Languages & International Education.

Check further details on University website

Course Modules

Degree structure

  • In each year of your degree you will take a number of individual courses, normally valued at 0.5 or 1.0 credits, adding up to a total of 4.0 credits for the year. Courses are assessed in the academic year in which they are taken. The balance of compulsory and optional courses varies from programme to programme and year to year. A 1.0 credit is considered equivalent to 15 credits in the European Credit Transfer System (ECTS).
  • The department's fundamental premise is that students should learn how to do economics themselves, rather than just learn how the academic staff or other economists do it. In the first year you take compulsory courses on the core concepts of microeconomics and macroeconomics, applied economics, mathematics and statistics, and have the opportunity to take optional courses.
  • In your second year, principles of model-building, problem-solving and quantitative techniques are emphasised, and you will take compulsory core courses in microeconomics, macroeconomics and econometrics.
  • Your third year will be spent at a university overseas.
  • Most final-year courses introduce you to research papers and current research, including that of staff members. You will benefit from instruction by staff whose research impacts directly on the policy process, for example via contacts with the Institute for Fiscal Studies and the Department for Business, Innovation and Skills.

Year One

Compulsory courses

  • Applied Economics
  • Economics
  • Introduction to Mathematics for Economics
  • Introduction to Mathematics for Economics II
  • Statistical Methods in Economics

Optional courses
You will select a total of 1.0 credit from a wide range of options.

Year Two

Core courses

  • Macroeconomic Theory and Policy
  • Microeconomics

Quantitative Economics and Econometrics
Optional courses
You will select 1.0 credit from a wide range of options. Options may include:

  • Economics of Development
  • Economics of Education
  • Economics of Finance
  • Economics of Labour
  • Economics of Regulation
  • Economics of Science
  • Economics of Tax Policy
  • Economics of the Public Sector
  • Environmental Economics

Year Three

Year abroad at an approved university overseas. Currently, we have exchange agreements with some of the most renowned universities in North America and Europe (University of Chicago, Columbia University, University of California and Università Commerciale di Bocconi, amongst others). The department is committed to exploring additional exchange opportunities with economics departments worldwide.

Final Year

Compulsory courses
A total of at least 2.0 credits from the list of third-year economics courses.

Optional courses
You will select 2.0 credits from a wide range of options, of which 1.0 credit must be taken from the list of second and third-year economics courses. Third-year economics courses may include:

  • Behavioural Economics
  • Econometrics for Macroeconomics and Finance
  • Economics of Financial Markets
  • Economics of Information
  • Economics of Money and Banking
  • Economic Policy Analysis
  • Ethics in Applied Economics
  • Experimental Economics
  • Game Theory
  • Industrial Economics
  • International Trade
  • Issues in Economic Development
  • Microeconometrics

Check further details on University website

How to Apply

Applications for UCL's undergraduate programmes are made through UCAS who provide application services for UK higher education providers. Full details of how to complete your application through UCAS are provided on the UCAS website.

Check further details on University website

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