| Application Deadline: | January 15 | ||
| Annual Tuition Fee: | ≈ € 3,847 ≈ € 16,632 (non-EEA) | ||
| Location: | London / United Kingdom / View location on map ▾ Hide location on map ▴ | ||
| Duration: | 36 months | Start Date: | October |
| Educational Form: |
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| Education Variants: |
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| Credits (ECTS): | 180 | ||
| Languages: | English | ||
Is globalisation increasing inequality within countries? Between countries? Why, as economies grow richer, are people often not any happier? Can government policies influence this? Why are some governments captured by elites and more prone to corruption than others? Should the central bank bail out failing banks - or might that encourage even more failures in the future? What steps should be taken now to combat global warming? Questions such as these, all of which are being examined by economists at LSE, illustrate the broad scope of economics today.
Economics provides the means of analysing the key features of problems by formally modelling economic relationships and testing beliefs about economic behaviour against the available data. Studying economics is therefore about developing problem-solving skills, including mathematical and statistical techniques as well as more general analytical skills.
A first degree in economics is an excellent preparation for a range of careers. Many of our graduates choose to pursue careers in the financial sector on graduation, for example in banking and financial services, analytical and trading fields, advising on mergers and acquisitions. Others choose to join international organisations; to become professional accountants and auditors, or to take up positions as economic or management consultants. A significant number choose to go on to graduate study, not only in economics but also in finance, management, development and other fields.
Features of LSE courses
The Economics Department is regularly ranked number one outside the USA for its published research in economics and econometrics. As an undergraduate in the Department, you will have the chance to learn from economists at the cutting edge of their field.
The economics programme at LSE aims to provide students with a thorough grounding in the analytical methods of economics and to develop their skills in applying these methods to a diverse range of problems, both microeconomic and macroeconomic, in analysing and constructing complex arguments and in communicating these effectively.
Our BSc Economics provides a well rounded coverage of the whole area of economics. The BSc Econometrics and Mathematical Economics enables you to build a particularly strong quantitative background, which is becoming more and more important for a successful career in economics. The BSc Economics with Economic History provides an option for students with a secondary interest in economic history and who are less interested in statistics and econometrics.
First year:
* Economics B
* Mathematical Methods
* Elementary Statistical Theory
* One outside option
* LSE100 (Lent Term only)
Second year:
* Microeconomic Principles I or Microeconomic Principles II
* Macroeconomic Principles
* Introduction to Econometrics or Principles of Econometrics
* One outside option
* LSE100 (Michaelmas Term only)
Third year:
Four options from economics or closely related subjects
First year
You take three compulsory introductory courses in economics, mathematics and statistics. This is the foundation upon which the rest of your studies will be based. You may choose your fourth course from the wide range of options available at LSE.
Second and third years
You take compulsory second year courses in microeconomics (the study of households and firms), macroeconomics (the study of fluctuations and longer term growth in output, unemployment, inflation, the exchange rate, etc), and econometrics (the application of quantitative methods to economic data). More technical versions of both microeconomics and econometrics are also offered, if you are more mathematically inclined. You may choose your fourth course from a wide range of options taught outside the Department. In the third year we offer specialist options in all the main fields of economic enquiry and you may choose your courses to suit your interests. One of your courses could be from those that are on the list below which are offered from outside the Department.
Options
This list suggests the range of third year options offered on the BSc Economics. The list may change as new options are developed and others are withdrawn; not all options will necessarily be taught every year:
* Advanced Economic Analysis
* Africa and the World Economy
* Auditing, Governance and Risk Management
* Business and Economic Performance Since 1945
* Commercial Law
* Comparative Economic Development
* Corporate Finance, Investments and Financial Markets or Quantitative Finance
* Development Economics
* Economic Analysis of the European Union
* Economic Theory and its Applications
* The Evolution of Economic Policy in Advanced Economies
* Further Mathematical Methods
* Game Theory
* History of Economics: How Theories Change
* Industrial Economics
* Innovation and Finance in the 19th and 20th Centuries
* International Economics
* Labour Economics
* Latin America and the International Economy
* Locational Change and Business Activity
* The Making of an Economic Superpower: China since 1850
* Managerial Accounting
* Managerial Accounting, Financial Management and Organizational Control
* Model Building in Operational Research
* Monetary Economics
* Operational Research Methods
* Philosophy of Economics
* Political Economy
* Politics and Economic Policy
* Politics of International Economic Relations
* Public Economics
* Principles of Finance
* Problems of Applied Econometrics
* The Economic History of North America
* Theories of Regional Development and Change
You are normally required to take an English Proficiency Test.
Most European Universities recognise the IELTS test.
Take testCourse requirement: A level Mathematics is required. A level Economics is not essential. No other specific subjects are required at A level, but we prefer traditional academic subjects to subjects such as Communication Studies, Accounting, Business Studies or Media Studies.
Usual standard offer: For students taking threeA levels: grades A* A A with an A* in Mathematics. For students taking four A levels: grades A*A A plus a pass in a fourth A level, with an A* in Mathematics. International Baccalaureate: Diploma with 38 points including 7 6 6 at Higher level (with 7 in Mathematics)
Other qualifications are considered.
English language requirements
Although it is not necessary to have the required grade in an acceptable English Language qualification when you make your application to LSE, if you are made an offer of a place and English is not your mother tongue, it is likely that you would be asked to obtain an acceptable English Language qualification as a condition of your offer.
The following qualifications are acceptable to LSE:
* GCSE English Language with a grade B or better.
* International General Certificate of Secondary Education (IGCSE) English as a First Language with a grade B or better including the Speaking and Listening coursework component (Edexcel) or grade 2 in the optional speaking test (CIE).
* International English Language Testing Service (IELTS) academic test with a score of 7.0 in all four components.
* Test of English as a Foreign Language (TOEFL) with a minimum score of 627 in the paper test including 5.5 in writing and 50 in TSE, or 107 in the internet based test with a minimum of 25 out of 30 in each of the four skills.
* Cambridge Certificate of Proficiency in English (CPE) with grade B or better.
* Cambridge Advanced Certificate of English (CACE) with a grade A.
* Cambridge English Language (1119) conducted overseas by the University of Cambridge Local Examinations Syndicate: B4 or better.
* O level (1120 Brunei, 1125 Mauritius A, 1127 Singapore) grade B or better.
* Singapore Integrated Programme (IP) Secondary 4 English Language grade B or better.
* Pearson Test of English (General) with a distinction at level 5 in both the written and the oral test.
Exceptions
If students offer the IGCSE in English as a First Language or O level (other than those specified above) and have been educated in the medium of English during their five most recent years of study (prior to 1 September 2011), then we will accept the qualification as sufficient evidence of English Language proficiency.
Please note that test scores must be achieved from one sitting of the relevant qualification. We will not accept individual component scores from multiple tests.
| Minimal degree required: | High School diploma |
| Minimal amount of work experience | Not specified |
| IELTS Band: | 7.0 |
| Cambridge English: Advanced (CAE): | Grade A (Score: 80) |
| TOEFL Paper-based: | 627 |
| TOEFL Internet-based: | 107 |
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