Undergraduate 

Economics MA(SocSci)/BAcc/BSc/MA

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In studying economics you will learn how individuals and society make choices about how scarce resources are used, what products are produced and who gets to consume them. These choices depend on evaluating costs, benefits, risks and effects on others.

You will study the principles of microeconomics and macroeconomics and will have the opportunity to develop an interest in fields such as government policy, developing countries, the economics of business and international trade and finance.

Adam Smith Business School is triple accredited

  • September start
  • Session dates
  • Economics MA(SocSci) (Hons): L150 4 year degree

Programme structure

You will study the principles of microeconomics and macroeconomics and will have the opportunity to develop an interest in fields such as government policy, developing countries, the economics of business, and international trade and finance.

Year 1

You will study:

  • Introduction to the market mechanism
  • International trade
  • Economic development
  • Macroeconomics
  • Macroeconomic policy in an open economy
  • Introductory mathematical economics
  • Introductory quantitative techniques.

Year 2

You will study:

  • Intermediate macroeconomics
  • Intermediate microeconomics
  • Introduction to mathematical economics (continued) and Economic data analysis. 

You will also study:

  • Introductory mathematics
  • Introductory statistics.

You will also study other subjects in years 1 and 2: see Flexible degrees.

Years 3 and 4

Students who qualify for Honours will take advanced courses in microeconomic analysis and macroeconomic analysis. There is also the opportunity to take courses in econometrics, which involves the statistical techniques of economic analysis, and others from a wide range of optional courses which put the skills you have developed into action, such as:

  • Alternative perspectives on topics in economics
  • Behavioural economics
  • Economics of banking
  • Economics of business
  • Economics of health
  • Economics of history
  • Economics of poverty, discrimination & development
  • Economics of team sport
  • Environmental economics
  • Financial markets & asset pricing
  • Financial markets & corporate finance
  • Game theory
  • International trade/finance
  • Labour economics
  • Mathematical methods
  • Public economics.

You will also research and write a dissertation in your final year.

Programme alteration or discontinuation
The University of Glasgow endeavours to run all programmes as advertised. In exceptional circumstances, however, the University may withdraw or alter a programme. For more information, please see: Student contract.

Special Glasgow feature

Our flagship event series welcomes acclaimed speakers from the world of economics to the University.

Our international links

There are opportunities for you to go abroad for up to a year as part of your undergraduate studies.

You can apply to spend part or all of your third year at another university. We currently have links with partners across Europe, the United States, Canada, South America, Australia, New Zealand, Hong Kong and Singapore. Courses taken overseas through our exchange programmes form part of your degree.

There are no additional tuition fees and you get support and recognition for your time abroad through the programme.

You don’t need to speak a foreign language

Many of our partners teach in English. You can also take free language classes to prepare for your time abroad as part of the University’s Learn a Language initiative.

Find out more

Entry requirements

for entry in 2021

Applicants to subject-combinations with Psychology must meet the Psychology degree programme entry requirements.

Summary of entry requirements for Economics

SQA Higher Entry Requirements (by end of S6) 

  • AAAAB (AABB S5 minimum for consideration)
  • Additional requirements: Higher English or Higher Humanities subject and National 5 Mathematics Grade B.

SQA Higher Adjusted Entry Requirements* (by end of S6)

  • AABBB – BBBBB
  • Additional requirements: Higher English or Higher Humanities subject and National 5 Mathematics Grade B. Successful completion of Top-Up or one of our Summer Schools.

* See Access Glasgow for eligibility.

A-level Standard Entry Requirements

  • AAB – BBB
  • Additional requirements: A-level English or Humanities subject and GCSE Mathematics Grade B/5.

IB Standard Entry Requirements

  • 38 (6,6,6 HL) – 32 (6,5,5 HL)
  • Additional requirements: HL English or Humanities subject and SL Mathematics Grade 5.

2021 Admissions Policy and further information about entry requirements

Glasgow International College

International students with academic qualifications below those required should contact our partner institution, Glasgow International College, who offer a range of foundation certificates.

For applicants whose first language is not English, the University sets a minimum English Language proficiency level.

English language requirements

Important information for entry in Autumn 2020 and January 2021

International English Language Testing System (IELTS) Academic module (not General Training):

  • overall score 6.5
  • no sub-test less than 6.0
  • or equivalent scores in another recognised qualification (see below)

Common equivalent English language qualifications:

  • ibTOEFL*: 90; no sub-test less than: Reading: 20; Listening: 19; Speaking: 19; Writing: 23
  • CAE (Cambridge Certificate of Advanced English): 176 overall: no sub-test less than 169
  • CPE (Cambridge Certificate of Proficiency in English): 176 overall: no sub-test less than 169
  • PTE Academic (Pearson Test of English, Academic test): 60; no sub-test less than 59
  • IGCSE: English as a First Language (0500/0522): C in Reading and Writing, plus 1 in Listening, 2 in Speaking, where applicable. All four components (listening, writing, speaking, reading) must be examined and detailed on results slip
  • IGCSE: English as a Second Language (0510/0511): A in Reading and Writing, plus A in Listening, 2/B in Speaking, where applicable. All four components (listening, writing, speaking, reading) must be examined and detailed on results slip
  • Trinity College London Integrated Skills in English: ISEII at Distinction with Distinction in all sub-tests

* Please note that TOEFL is still acceptable for admission to this programme for both home/EU and international students.

For international students, the Home Office has confirmed that the University can choose to use TOEFL to make its own assessment of English language ability for visa applications to degree level courses. We therefore still accept TOEFL tests taken in the last two years for admission to this programme.

Pre-sessional courses
The University of Glasgow accepts evidence of the required language level from the English for Academic Study Unit Pre-sessional courses. We also consider other BALEAP accredited pre-sessional courses:

FAQs

What do I do if...

my language qualifications are below the requirements?

The University's School of Modern Languages and Cultures offers a range of Pre-Sessional Courses to bring you up to entry level. The course is accredited by BALEAP, the UK professional association for academic English teaching; see Links.

my language qualifications are not listed here?

Please contact External Relations

If you require a Tier 4 student visa, your qualification must be one of the secure English language tests accepted by UK Border Agency:


Visa requirements and proof of English language level

It is a visa requirement to provide information on your level of English based on an internationally recognised and secure English language test. All test reports must be no more than 2 years old. A list of these can be found on the UK Border Agency website. If you have never taken one of these tests before, you can get an initial idea of your level by using the Common European Framework self-assessment grid which gives you a level for each skill (e.g. listening B1/writing B2 etc.) However, please note that this is not a secure English language test and it is not sufficient evidence of your level of English for visa requirements.

For further information about English language, please see School of Modern Languages and Cultures: English for Academic Study.


Career prospects

Our graduates develop skills in research, analysis, communication, teamworking, decision making and problem solving. Recent graduates have been employed by Ernst & Young, Morgan Stanley, Shell, Scottish Government, National Australia Group Europe and Hays plc, among many other organisations.

Accreditation

The Adam Smith Business School has specialised international accreditation from the Association to Advance Collegiate Schools of Business (AACSB) and from the European Quality Improvement System (EQUIS), operated by the European Foundation for Management development (EFMD). Our teaching provision is accredited by the Association of Business Schools and the Association of MBAs (AMBA). This “triple crown” accreditation puts us in the top league of international business schools.

Degrees and UCAS codes

When applying you will need to know the UCAS code for the subject or subject-combination that you wish to apply to:

MA(SocSci) (Hons)

Economics: L150 (4 years)
KIS
Economics/Archaeology: VL41 (4 years)
KIS
Economics/Business & Management: LN12 (4 years)
KIS
Economics/Celtic Civilisation: LQ15 (4 years)
KIS
Economics/Central & East European Studies: RL81 (4 years)
KIS
Economics/Economic & Social History: LVC3 (4 years)
KIS
Economics/Geography: LL17 (4 years)
KIS
Economics/History: LV11 (4 years)
KIS
Economics/Mathematics: GL11 (4 years)
KIS
Economics/Philosophy: LVC5 (4 years)
KIS
Economics/Politics: LL12 (4 years)
KIS
Economics/Psychology: CL81 (4 years)
KIS
Apply via UCAS
Applicants must meet the Psychology requirements
Economics/Scottish History: LVC2 (4 years)
KIS
Economics/Social & Public Policy: LL14 (4 years)
KIS
Economics/Sociology: LL61 (4 years)
KIS

BAcc

Economics/Accountancy: LN14 (4 years)
KIS

BSc (Hons)

Economics/Mathematics: LG1D (4 years)
KIS
Economics/Statistics: GL31 (4 years)
KIS

MA (Hons)

Economics/Comparative Literature: LQC2 (4 years)
KIS
Economics/English Language & Linguistics: LQ1H (4 years)
KIS
Economics/English Literature: LQD3 (4 years)
KIS
Economics/French: LR11 (5 years)
KIS
Economics/German: RL21 (5 years)
KIS
Economics/Greek: LQ17 (4 years)
KIS
Economics/History: LVC1 (4 years)
KIS
Economics/Latin: LQ16 (4 years)
KIS
Economics/Music: LW13 (4 years)
KIS
Economics/Philosophy: LVD5 (4 years)
KIS
Economics/Russian: LR17 (5 years)
KIS
Economics/Scottish History: LVD1 (4 years)
KIS
Economics/Spanish: RL41 (5 years)
KIS
Economics/Theatre Studies: LW14 (4 years)
KIS
Economics/Theology & Religious Studies: LV16 (4 years)
KIS

Fees and funding

Tuition fees

How and when you pay tuition fees depends on where you’re from: see Tuition fees for details.

Scholarships

The University is committed to supporting students and rewarding academic excellence. That's why we've invested more than £1m in additional scholarship funding in recent years.

RUK Access Bursary 2020 Entry

The bursary supports talented students who might not be able to take a place at University for reasons of financial hardship. It is available to new entrant full-time, undergraduate students of the University of Glasgow who are fully registered for Session 2020/21, as being domiciled in England, Wales and Northern Ireland and paying annual tuition fees of £9,250 per annum.

RUK Excellence Scholarship 2020

The RUK Excellence Scholarship of £1,000 for each year of study will be awarded to first degree entrants who have attained AAA or better in one sitting at A Level (or equivalent). 

James McCune Smith Scholarship

The University of Glasgow has 30 undergraduate scholarships available for students Black, Asian and Minority Ethnic (BAME) students. The scholarship supports students who could face financial difficulties taking up their place to study at the University. The value of the scholarship is £2,000, paid in instalments for the first year of undergraduate study. The scholarship is open to new applicants to the University. Current students who have previously been in receipt of the award may reapply, however, preference will be given to applicants entering their first year of study.

Beaconhouse Schools

The University of Glasgow offer a 15% discount on the first year of tuition fee to students from Beaconhouse Schools and who enrol on an undergraduate programme at the University of Glasgow. The discount does not apply to Veterinary Medicine, Medicine and Dentistry programmes.

Undergraduate Talent Scholarships

The University of Glasgow awards c.50 undergraduate Talent Scholarships each academic year to support students who could face financial difficulties in taking up their place to study at the University. The value of each scholarship is typically £1,500 p.a. for each year of the degree programme, subject to satisfactory progress. Talent Scholarships are available to students entering any of the University's Colleges.

Dental School students are eligible for a Talent Scholarship in their first year of study only. They are eligible for the NHS Dental Student Support Grant in the following years.

Humanitarian Scholarships

The University of Glasgow is offering four scholarships (one per college) for applicants to the University who are staying in the UK on humanitarian grounds and are facing challenges in progressing onto Higher Education. The scholarship is open to prospective undergraduate and postgraduate taught students of the University of Glasgow applying for entry in 2021/22. The scholarship meets the full cost of tuition fees for the duration of your programme as well providing an additional £5,000 per year stipend, if the eligibility criteria for university accommodation is met this will also be provided for the duration of your degree. For more information on the accommodation criteria, please see the Accommodation Services section on the website.

We are also offering eight scholarships to students who hold refugee status. This scholarship is awarded as a £2,500 stipend towards study costs, per year of study.

The scholarships above are specific to this programme. For more funding opportunities search the scholarships database

How to apply

 

Full-time students must apply through the Universities & Colleges Admissions Service (UCAS). 

International students to Arts, Engineering, Law, Nursing, Science, and Social Sciences can also apply using The Common Application: however, if applying to more than one UK university, we recommend using UCAS. Applications to Dentistry, Education, Medicine, and Veterinary Medicine must be made through UCAS.

Application deadlines

  • 15 October: if including Dentistry, Medicine, Veterinary Medicine or also applying to Oxford or Cambridge
  • 15 January: all other UK/EU applicants (unless otherwise stated on the UCAS website)
  • 30 June: international (non-EU) students

We do not usually accept any applications after these deadlines.

It's your responsibility to ensure the accuracy of your application before submission. Requests to correct application content, change degree programme or change college of entry, will not be accepted after these deadlines. This policy is in place to ensure fairness and consistency to all applicants, and no exceptions will be made.

Apply via UCAS

More information about this programme

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Of students in work were in professional / managerial jobs

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