
BSc in Economics (Full Time) BSc in Economics (Full Time) London School of Economics and Political Science
London School of Economics and Political Science
Course Description
The Department of Economics is regularly ranked number one outside of the USA for its published research in economics and econometrics and as an undergraduate student you will have the chance to learn from economists at the cutting edge of their field.
Economics at LSE is mathematically rigorous, and you should have an aptitude for and enjoyment of mathematics, along with a strong analytical ability. Our BSc Economics programme will provide you with a thorough grounding in the analytical methods of economics and you will then learn to apply these methods to a diverse range of problems. You will also learn to analyse and construct complex arguments and to communicate these effectively.
Course Content
The degree involves studying courses to the value of 12 units over three years, plus LSE100. You will also have the opportunity to apply for a year abroad at one of our global exchange partners. Please note that the LSE100 course is under review.
First year
In the first year of the programme, you will gain an essential foundation in economics and will learn the necessary quantitative skills. You will take introductory courses in economics, mathematics, and statistics, as well as LSE100, which is taught in the Lent term only. You will take either Economics A or Economics B, depending on your economics background. Economics B is only for students with A level Economics or equivalent. Please note that the LSE100 course is under review.
Either
Economics A
Provides a foundation in economics, primarily to those without significant background in the subject.
Or
Economics B
An introductory course in microeconomics and macroeconomics.
Mathematical Methods
An introductory-level "how to do it" course designed to prepare you for using mathematics seriously in the social sciences, or any other context.
Elementary Statistical Theory
A theoretical statistics course which is appropriate whether or not your A level Mathematics course included statistics. It forms the basis for later statistics options.
One outside option
LSE100
Beginning in the Lent term of the first year and running through the Michaelmas term of the second year, LSE100 is compulsory for all LSE undergraduate students, and introduces you to the fundamental elements of thinking like a social scientist. Please note that the LSE100 course is under review.
Second year
The second year concentrates on building a firm grasp of core analytical methods in economics and applying them to a range of problems. You will take either Microeconomic Principles I or Microeconomic Principles II, and will continue to take LSE100 in the Michaelmas Term only. Please note that the LSE100 course is under review.You will also take Macroeconomic Principles and choose either Introduction to Econometrics or Principles of Econometrics. You will also choose one outside option from another department.
Either
Microeconomic Principles I
This is an intermediate course in microeconomic analysis.
Or
Microeconomic Principles II
This is an intermediate course in microeconomic analysis.
Macroeconomic Principles
An intermediate course in macroeconomic analysis
Either
Introduction to Econometrics
Aims to present the theory and practice of empirical research in economics.
Or
Principles of Econometrics
Offers an intermediate-level introduction to the theory and practice of econometrics.
One outside option
LSE100
Beginning in the Lent term of the first year and running through the Michaelmas term of the second year, LSE100 is compulsory for all LSE undergraduate students, and introduces you to the fundamental elements of thinking like a social scientist. Please note that the LSE100 course is under review.
Third year
In the third year there are specialist options in all the main fields of economic enquiry, and you can choose your courses according to your interests. One of these courses could be from an approved list of relevant courses offered outside the Department.
Four options from economics or closely related subjects
You can find the most up-to-date list of optional courses in the Programme Regulations section of the current School Calendar.
You must note however that while care has been taken to ensure that this information is up-to-date and correct, a change of circumstances since publication may cause the School to change, suspend or withdraw a course or programme of study, or change the fees that apply to it. The School will always notify the affected parties as early as practicably possible and propose any viable and relevant alternative options. Note that the School will neither be liable for information that after publication becomes inaccurate or irrelevant, nor for changing, suspending or withdrawing a course or programme of study due to events outside of its control, which includes but is not limited to a lack of demand for a course or programme of study, industrial action, fire, flood or other environmental or physical damage to premises.
Entry Requirements
You should read the following information carefully as it will help you determine whether you meet our entry requirements. You should also read the 'Assessing your application' section of the programme page for your intended degree programme and the information in the Making an Application section.
Each application we receive is carefully considered on an individual basis, taking into account the full range of information presented including the personal statement, academic achievement (including both achieved and predicted grades), subject combinations and the reference, before a final decision is made. As you will see from the individual programme information, there is a great deal of competition for places at the School. In 2017, we received 18,000 applications for 1,650 places. This fierce competition for places means that every year we unfortunately have to disappoint many applicants.
If you have applied for one of our undergraduate programmes, or received an offer, you can meet our language requirements in the following ways:
• You are a national of Canada or one of the UKVI list of majority English-speaking countries, listed below, and whose first language is English or
• You have achieved the required grades in one of our recognised English language qualifications, listed below or
• You have already successfully completed an undergraduate degree (of at least three years duration), a postgraduate taught degree (of at least one year) or a PhD in one of those countries listed below.
In addition, UK Visas and Immigration (UKVI) guidelines stipulate that all students entering the United Kingdom to study must have an English Language qualification evidencing proficiency in each of the four sub-components of language learning (reading, writing, speaking and listening) unless they are from a majority English speaking country.
It is not necessary to have the required grade in an acceptable English language qualification when you make your undergraduate application to LSE. However, if you are made an offer of a place on one of our undergraduate programmes at LSE and English is not your first language, you will be asked to obtain one of the below acceptable qualifications before our deadline in August.
Assessment Methods
All taught courses are required to include formative coursework which is unassessed. It is designed to help prepare you for summative assessment which counts towards the course mark and to the degree award. LSE uses a range of formative assessment, such as essays, problem sets, case studies, reports, quizzes, mock exams and many others.
Summative assessment is through examinations in the first week of January and/or May-June each year. Please note that assessment on individual courses can change year to year. An indication of the current formative coursework and summative assessment for each course can be found in the relevant course guide.
Feedback on coursework is an essential part of the teaching and learning experience at the School. Class teachers must mark formative coursework and return it with feedback to you normally within two weeks of submission (when the work is submitted on time). You will also receive feedback on any summative coursework you are required to submit as part of the assessment for individual courses (except on the final version of submitted dissertations). You will normally receive this feedback before the examination period.
Additional Information
UK/EU* students:
The 2020 tuition fee for new UK/EU students has not yet is £9,250 for the first year.
The UK/EU undergraduate fee may rise in line with inflation in subsequent years.
*The UK Government confirmed in May 2019 that the fee level for EU undergraduate new entrants in 2020/21 will be the same as Home UK for the duration of their undergraduate degree programme.
Academic year (2020/21) :- 28 September 2020 to 18 June 2021
Application deadline :- 15 January 2020
Duration :- Three years full-time
- Starting 2020
- UK/EU full-time: Open from September
- Overseas full-time: Open from September
- Location: London
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