Top Economics Universities in the UK
21 January, 2021
5 mins read
Economics is one of the leading majors students choose to study due to its gainful career prospects. Some of the best economics universities in the world are in the UK, one of the top educational destinations worldwide. Here is a list of our top 7 universities you can study economics at.
The origins of LSE date back to 1895, and it still continues to develop and influence education in England today. This year, LSE celebrates its 125th anniversary. It is ranked 27th in the world according to THE World Ranking for 2021.
The Department of Economics at LSE is one of the leading economics departments globally that continues to provide one of the best educational experiences worldwide. LSE provides undergraduate courses, including a BSc in Economics, BSc in Econometrics and Mathematical Economics, and a BSc in Economics with Economic History. The university also provides postgraduate courses such as an MSc in Economics and an MSc in Economics and Mathematical Economics.
BSc in Economics
A Bachelor of Economics at LSE is 3 years long. The first year you get to learn the foundations of economics and introductions to microeconomics, and econometrics. The second-year you take more advanced courses in the same subjects, microeconomics, macroeconomics and econometrics. Then the third year, you can choose your courses according to your interests from a list of more than 24 subjects. You can get an up to date list of electives through this link.
The University of Oxford is an infamous university, known for its excellent teaching programmes and academic facilities. It topped Times Higher Education (THE) World University Rankings in 2017, 2018, 2019, 2020 and 2021. The University of Oxford comes second in economics majors in the UK providing top undergraduate programmes in history and economics, economics and management, and philosophy, politics, and economics. Postgraduate programmes include a Masters in Economics, PhD. in Economics, etc.
A BSc in Economics and Management
All undergraduate programmes in the Department of Economics are 3 years. To earn a Bachelor Degree in Economics and Management, students study the basics of macroeconomics, microeconomics, and probability and statistics in the first year; quantitative economics and history in the second year; and money and banking, econometrics, international economics, and other specialised courses in the third and final year.
Constructed in 1209, The University of Cambridge was granted a Royal Charter by Henry III in 1231. It is the second-oldest university in the world and the world's fourth-oldest surviving university. It receives more than 18,000 international students every year and consists of 31 colleges, 150 departments, faculties, and schools. The university has both undergraduate and postgraduate economics-related programmes such as BA in Economics, Advanced Diploma in Economics, MPhil in Economics, MPhil in Economic Research, MPhil in Finance and Economics, and PhD in Economics.
BA in Economics
This is a three-year undergraduate degree programme in economics and consists of three major parts. Part I focuses on macroeconomics, microeconomics, British economic history and political and social aspects of the economy. Part II focuses on theory and practice of economy, international trade and economic development, labour laws, mathematics and statistics of the economy and multiple other subjects. Finally, Part III investigates public economics, banking and finance, political economics and econometrics.
University College London (UCL) was founded in 1826. It is the number one London university for research and has more than 42,000 students from all over the world. Alumni of the university include more than 30 Nobel Prize winners. The university has a variety of economics programmes, such as a BSc in Philosophy, Politics and Economics BSc, BSc in Economics and Statistics, BSc in Mathematics with Economics BSc, BSc in Economics and Geography BSc, and a BSc in Economics.
BSc in Economics (Econ)
This is a 3 year degree where you will study applied economics, economics, and mathematics for economics during the first year. Then you get an introduction to microeconomics and macroeconomics in the second year. Finally, you finalise your studies during the third year with further studies in international trade, urban economics, and behavioural economics. Each year you get a list of optional modules besides the mandatory ones; you can choose them based on your interests.
5. The University of Warwick
It was founded in 1965 as part of a government initiative to expand higher education; the university offers an excellent academic experience and welcomes 9,500 international students from 147 countries. This university’s core missions are research and education, and they have put forward an ambitious vision for 2030 for sustainable growth that does not overlook quality.
Studying in this prestigious university will certainly open the doors for a bright career. Warwick University provides undergraduate programmes such as BSc in Economics, BSc in Economics and Industrial Organisation, BSc in Philosophy, Politics, and Economics, and BA in French and Economics. The postgraduate programmes include MSc in Economics, MSc in Economics and International Financial Economics, MSc in Finance and Economics, and MSc in Economics and International Financial Economics.
BSc in Economics
This three year degree for undergraduates has basic introductions to microeconomics, macroeconomics, quantitative techniques and history during the first year. You get to study econometrics alongside a continuation of microeconomics and macroeconomics during the second year. Then during the third year, you will focus on research in applied economics and choose from specialised modules, including Environmental Economics, Behavioural Economics, International Security, Foundations of Finance, etc.
The University of Manchester has roots that date back to 1824; it is considered England's first civic university that was established in parallel to Manchester's development as one of the world's first industrial cities. Around 25 Nobel Prize winners have worked or studied in the University of Manchester; it is one of the strongest academic universities with the mission to contribute to the well-being of the society and future generations.
The university offers undergraduate programmes such as a BA in Economics, BSc in Economics, a BA in Economics and Finance, and a BA in Economics and Philosophy. Postgraduate programmes include MSc in Development Economics and Policy, MA in Economics, MSc in Economics, and MSc in Financial Economics (MSc).
BSc in Economics
For the BSc in Economics at the University of Manchester, you get 3 years full of both mandatory and optional courses. The first year you get to study 9 mandatory modules and choose a couple of optional modules. Mandatory modules include Applied Economics, Microeconomic Analysis, Macroeconomic Analysis, Introduction to Mathematical Economics, and multiple others. Optional modules include Financial Decision Making, Critical Thinking, Applied statistics, etc.
During the second year, you get to study Econometrics, Mathematical Economics, and Micro/Macroeconomic analysis. Further optional modules for the year include Investment Analysis, History of Economics, etc.
For the third year, you don't have any mandatory subjects. However, you get to choose from multiple specialised courses according to your interests. Optional courses include Applied Practical Investing, Advanced Macroeconomics, and Corporate Contracting and Managerial Behaviour.
Queen Mary University has roots that date back to 1785, as it consists of four founding institutions St Bartholomew's Hospital Medical College, London Hospital Medical College, Westfield College and Queen Mary College. These institutions were established to improve the health and well-being of people in east London and provide medical education for women and working-class communities. Queen Mary University ranks one of the highest in the field of economics, and it continues to provide great education. The university has recorded having 26000 students in the year 2018-2019, and it is a member of the Russell Group of British research universities, the Association of Commonwealth Universities and Universities UK. Queen Mary is a major centre for medical teaching and research and is part of UCLPartners.
The Queen Mary University of London has undergraduate programmes such as BSc in Economics, BSc in Economics and Finance, BSc in Economics, Finance, and Management, and BSc in Economics and Politics.
Finally, Economics is such an ambitious major with many fields and careers to choose from and Studying in the UK is definitely considered one of the best choices with so many prestigious universities and amazing opportunities waiting for you.