• For Entry: September
  • Duration: 4 years
  • School: Social Sciences
  • Study Abroad: Yes
  • Study Mode: Full Time

Learn from our internationally-experienced team how the economy and the world of business and finance work by studying at Dundee, one of the UK’s top 10 universities for economics (Guardian, 2016)

Dundee has a comprehensive and flexible suite of Honours economics courses offering both MA and BSc options in three main pathways

  • Economics
  • Financial Economics
  • Business Economics with Marketing

Each of these pathways can be undertaken on its own as Single Honours or with one of the range of subjects set out below as Joint Honours.

The Economics MA and BSc courses focus specifically on the macroeconomic challenges of national, regional and global economies together with the microeconomic behaviour of people and businesses. An economics degree is an excellent foundation for your career as an economist but also offers scope to pursue a diverse range of high-earning opportunities. 

The Financial Economics courses combine core economic skills with current and fast-changing theories around financial markets. They give you the knowledge and techniques you need for more specialized quantitatively orientated careers in financial economics, research and forecasting or a future in business management, finance, banking and accountancy.

Through our Business Economics with Marketing courses you’ll develop your knowledge of the theory, analysis and application of how economic considerations shape our global business world.  You’ll understand the integral role of marketing in today’s multi-channel environment and how marketing fits into a wider organisational context. The contemporary focus of the course prepares you for a future in business or marketing

Scotland was the birthplace of modern economics but the profession is now truly international. Our staff hold qualifications from major universities around the world, publish research in leading international journals and regularly present work at international conferences. All three pathways focus on applied economics research so our modules are closely linked to contemporary economics, finance and business issues. This topicality enables you to choose a combination of subjects that fits your ambitions in a fast-changing world.

All economics students will be welcomed to our Business Society which arranges an event calendar, annual ball and career presentations from institutions such as the Government Economic Service, Scottish Executive, Bank of England etc.

MA (Hons) and BSc (Hons) - what's the difference?

MA (Hons) and BSc (Hons) differ in the subjects you will study in addition to economics in your first two years. Choose an MA if your interests and background lie mainly in the arts and social sciences or a BSc if you lean more towards mathematics, computing and the physical sciences.

The first two years of this degree are common to all economics MA or BSc degrees so you will have the option to switch between the three economics degree pathways during this time, either as single or joint Honours.

I love the friendly people here. I love the quirky cafes. I love the view of the Tay at night. I like the size of the city - small enough to feel homey (you can never go out for an errand and not run into a few familiar faces), yet still offer something new every once in a while. I like the location. Edinburgh and St. Andrews are just a short drive away, yet you don't have to break your bank on rents. I love the creativity.

China

Tianhui Lu
China

The following are the minimum, up-to-date entry requirements.

Courses starting 2016
Qualification Level 1 Entry Advanced Entry to Level 2
SQA Higher/Advanced Higher BBBB (minimum) - AABB (typical) at Higher, to include a science subject or mathematics at Higher for BSc degrees. For MA degrees please check essential subjects required for other Joint Honours subjects. AB at Advanced Higher plus BB at Higher in different subjects. For the BSc degrees one of the Advanced Highers should be in economics or mathematics. For MA degrees please check any requirements for other Joint Honours subjects.
GCE A-Level BCC (minimum) - BBB (typical) at A-Level, including a science subject or mathematics for BSc degrees. For MA degrees please check essential subjects required for other Joint Honours subjects. BBB including economics or mathematics for BSc degrees. For MA degrees please check any requirements for other Joint Honours subjects.
Irish Leaving Certificate (ILC) AABB at Higher Level, including a science subject or mathematics for BSc degrees. For MA degrees please check essential subjects required for other Joint Honours subjects. Level 2 entry is not possible with this qualification
International Baccalaureate (IB) Diploma 30 points including 5, 5, 5 at Higher Level, to include a science subject or mathematics for BSc degrees. For MA degrees please check essential subjects required for other Joint Honours subjects. 34 points including grades 6, 6, 5 at Higher Level. For BSc degrees this includes economics or mathematics at Higher Level. For MA degrees please check any requirements for other Joint Honours subjects.
Graduate Entry
BTEC A relevant BTEC Extended Diploma with DDD
SQA Higher National (HNC/HND) A relevant HNC with B in the Graded Unit A relevant HND with BB in the Graded Units
Scottish Baccalaureate Pass with CC at Advanced Higher Distinction with AB at Advanced Higher
SWAP Access Relevant subjects with ABB grades to include English Literature/Language at SCQF Level 6 and Communication 4 plus Literature 1 Level 2 entry is not possible with this qualification
Advanced Diploma Grade B with ASL-A Level at B Grade A with ASL-A Level at A
Welsh Baccalaureate Pass with A Levels at BB Pass with A Levels at AA
European Baccalaureate 70% overall 75% overall
Other Qualifications
Notes

 EU and International qualifications



Courses starting 2017
Qualification Level 1 Entry Advanced Entry to Level 2
SQA Higher/Advanced Higher BBBB (minimum) - AABB (typical) at Higher, to include a science subject or mathematics at Higher for BSc degrees. For MA degrees please check essential subjects required for other Joint Honours subjects. AB at Advanced Higher plus BB at Higher in different subjects. For the BSc degrees one of the Advanced Highers should be in economics or mathematics. For MA degrees please check any requirements for other Joint Honours subjects.
GCE A-Level BCC (minimum) - BBB (typical) at A-Level, including a science subject or mathematics for BSc degrees. For MA degrees please check essential subjects required for other Joint Honours subjects. BBB including economics or mathematics for BSc degrees. For MA degrees please check any requirements for other Joint Honours subjects.
Irish Leaving Certificate (ILC) AABB at Higher Level, including a science subject or mathematics for BSc degrees. For MA degrees please check essential subjects required for other Joint Honours subjects. Level 2 entry is not possible with this qualification
International Baccalaureate (IB) Diploma 30 points including 5, 5, 5 at Higher Level, to include a science subject or mathematics for BSc degrees. For MA degrees please check essential subjects required for other Joint Honours subjects.
A combination of IB Certificate plus other qualifications, such as A-Levels, Advanced Placement Tests or the International Baccalaureate Career-related Programme (IBCP), will also be considered.
34 points including grades 6, 6, 5 at Higher Level. For BSc degrees this includes economics or mathematics at Higher Level. For MA degrees please check any requirements for other Joint Honours subjects.
Graduate Entry
BTEC Entry to BSc degrees requires a science component equivalent to SQA Higher A relevant BTEC Extended Diploma with DDD
SQA Higher National (HNC/HND) A relevant HNC with B in the Graded Unit A relevant HND with BB in the Graded Units
Scottish Baccalaureate Pass with CC at Advanced Higher Pass with CC at Advanced Higher
SWAP Access Relevant subjects with ABB grades to include English Literature/Language at SCQF Level 6 and Communication 4 plus Literature 1 Level 2 entry is not possible with this qualification
Advanced Diploma Grade B with ASL-A Level at B Grade A with ASL-A Level at A
Welsh Baccalaureate Pass with A Levels at BB Pass with A Levels at AA
European Baccalaureate 70% overall 75% overall
Other Qualifications
Notes Entry to BSc degrees requires a science component equivalent to SQA Higher

 EU and International qualifications



English Language Requirement

For non EU students

IELTS Overall 6.0
Listening 5.5
Reading 5.5
Writing 6.0
Speaking 5.5

 Equivalent grades from other test providers

 

English Language Programmes

We offer Pre-Sessional and Foundation Programme(s) throughout the year. These are designed to prepare you for university study in the UK when you have not yet met the language requirements for direct entry onto a degree programme.

 Discover our English Language Programmes

Our approach introduces you to modern analytical and problem solving skills important to professional economists and the wider business community. You will learn from experts in their fields who will teach you about contemporary economic issues from an applied perspective.

How you will be taught

In Levels 1 and 2 teaching is initially through a combination of lectures and tutorials. These continue in Levels 3 and 4, supplemented by workshops and computer laboratory sessions. Increasingly you will be required to undertake directed independent study to broaden and deepen your understanding of the issues covered in your courses.

An Honours degree normally takes four years, full time. You study Levels 1-4, as described below. You can study for most of our Honours degrees in three years if you have the required grades and subjects as listed in the Entry Requirements section. This will reduce your study time by a year enabling you to start working and earning earlier.

How you will be assessed

Essays, problem-based exercises, case studies, presentations and group projects all play a role in assessment and together with exam results, provide the basis for your final grade.

What you will study

Your programme in the first and second years introduces you to basic economic concepts and models and provides you with the opportunity to apply these to a range of contemporary problems. The syllabus in Years 1 and 2 is common to all economics degrees. Thereafter, in third and fourth years, you may continue to study for a mainstream degree in Economics or pursue a more specialised programme in either Financial Economics or Business Economics with Marketing. These may be combined in a joint Honours degree with a wide range of subjects from the arts and social sciences.

Course Content

Level 1 Key modules provide a basic grounding in economics, introducing basic theory and providing you with an insight into current economic ideas and issues. As part of a broad-based MA or BSc programme, two modules will be devoted to economics and a further four selected from a range of options.

Level 2 At this level, the ideas developed in first year are expanded and more advanced ideas are introduced. In microeconomics you will explore consumer choice and the theory of the firm, while in macroeconomics you will look at the aggregate economy, focusing on models of unemployment, interest rates and money markets. In addition there will be some focus on economic statistics. Again there will be the opportunity to select four further modules from a range of options. 

Level 3 The economics curriculum focuses on the core modules in microeconomics and macroeconomics that teach the fundamental tools of economic analysis. If you specialise in economics you will study the methods of empirical analysis in the econometrics module. If you study financial economics you will also look at financial institutions. If you are part of the business economics with marketing stream, you will study the foundations of marketing.

Level 4 At Level 4, the three economics degrees focus on the specialist core subjects in their particular pathways. The economics modules focus on economic theory and policy, the financial economics modules focus on financial markets and international finance while the business economics with marketing modules focus on business strategy and marketing research. Each degree pathway also allows you to take two options from a wide range available.

Modules

In years 1 and 2 these are the same:

Level 1

Semester 1

Global Economic Perspectives (BU11004)


What caused the great recession of 2007 and what can be done to prevent another one? How can we persuade people to invest in a pension plan or to donate organs?  Should we always believe what is written in the newspapers?  How can we strike the best deal in negotiations? In this module we show how current economic thinking can provide answers to contemporary economic questions. No previous knowledge of economic analysis is assumed. 

Semester 2

Foundations of Economic Analysis (BU12004)

This module develops the tools for analysing modern economies. It demonstrates how these tools can be used to analyse the behaviour of firms and households in the market place The module also looks at issues such as unemployment, interest rates, exchange rates and inflation, placing them within a general model of the economy.  The scope for government intervention is discussed and the implications of the analysis are applied to recent economic developments.

plus 4 other MA modules

Level 2

Semester 1

Microeconomics (BU21004)

This module focuses initially on the basic theories of consumer and firm behavior that underpin the analysis of market demand and supply. It also looks more closely at how different market structures affect the way in which markets work in practice.  It highlights the conditions under which markets will and won’t produce desirable outcomes, and the role of government in improving the operation of markets.

Semester 2

Macroeconomics & Economic Statistics (BU22005)

This module provides an overview of the functioning of the macro-economy in a global context and an understanding of the key policy issues facing the UK in particular. It goes on to consider how and why money markets are important. The module introduces you to economics and business statistical procedures and examines the nature and limitations of some of the key economic performance indicators.

plus 4 other MA modules (hyperlink) 

Economics MA or BSc

Level 3

  • Macroeconomic Analysis (BU30017)
  • Microeconomic Analysis (BU30016)
  • Econometrics (BU31001)

plus 1 optional module - choice typically includes:

  • Financial Institutions (BU30014)
  • Human Resources (BU30015)
  • Marketing (BU30013)
  • Quantitative Methods for Business (BU30019)
  • Behavioural Economics

Level 4

  • Economic Policy (BU40020)
  • Economic Theory (BU40021)

plus 2 optional modules - choice typically includes:

  • Government and Business (BU40015)
  • Economics of Globalisation (BU40016)
  • International Finance (BU40017)
  • Risk and Information (BU40018)
  • Business Strategy (BU40019)
  • Financial Economic Analysis (BU40022)
  • Marketing Research (BU40023)
  • Dissertation (BU40024)

You may also choose a foreign language as part of your degree or even select options from other disciplines. 

Financial Economics MA or BSc

Level 3

  • Macroeconomic Analysis (BU30017)
  • Microeconomic Analysis (BU30016)
  • Econometrics (BU31001)
  • Financial Institutions (BU30014)

Level 4

  • Financial Economic Analysis (BU40022)
  • International Finance (BU40017)

plus 2 optional modules - choice typically includes: 

  • Government and Business (BU40015)
  • Economics of Globalisation (BU40016)
  • Risk and Information (BU40018)
  • Business Strategy (BU40019)
  • Economic Policy (BU40020)
  • Economic Theory (BU40021)
  • Marketing Research (BU40023)
  • Dissertation (BU40024)

You may also choose a foreign language as part of your degree or even select options from other disciplines. 

Business Economics and Marketing MA or BSc

Level 3 

  • Macroeconomic Analysis (BU30017)
  • Business Economic Analysis (BU30012)
  • Marketing (BU30013)

plus 1 optional module - choice typically includes:

  • Econometrics (BU31001)
  • Financial Institutions (BU30014)
  • Human Resources (BU30015)
  • Microeconomic Analysis (BU30016)
  • Quantitative Methods for Business (BU30019)
  • Behavioural Economics

Level 4

  • Business Strategy (BU40019)
  • Marketing Research (BU40023)

plus 2 optional modules - choice typically includes:

  • Government and Business (BU40015)
  • Economics of Globalisation (BU40016)
  • International Finance (BU40017)
  • Risk and Information (BU40018)
  • Economic Policy (BU40020)
  • Economic Theory (BU40021)
  • Financial Economic Analysis (BU40022)
  • Dissertation (BU40024)

Some of our graduates are working as professional economists; others with the UK Government Economic Service or Scottish Government. Others are in finance or general management, working for banking multinationals, major consultancies and marketing agencies.

At Dundee you’ll be networking with other students from around the world – opening up global possibilities – and be invited to sessions where you can talk to employers about career opportunities.

Evidence reported in a recent study published by the Institute of Fiscal Studies, shows that economists are amongst the highest paid of all professional groups.

You’ll be able to make use of the University's dedicated careers service to help you to take your next step after graduating.

The fees you pay will depend on your fee status. Your fee status is determined by us using the information you provide on your application.

 Find out more about fee status

Fee categoryFees for students starting 2016/17
Scottish and EU students £1,820 per year of study
Rest of UK students £9,000 per year, for a maximum of 3 years, even if you are studying a four year degree. See our scholarships for rest of UK applicants.
Overseas students (non-EU) £12,950 per year of study. See our scholarships for international applicants.
Fee categoryFees for students starting 2017/18
Scottish and EU students £1,820 per year of study (for Sept 2016 entry). Fees for September 2017 will be confirmed by the Scottish Government in early 2017.
Rest of UK students £9,250 per year, for a maximum of 3 years, even if you are studying a four year degree. See our scholarships for rest of UK applicants.
Overseas students (non-EU) £14,950 per year of study. See our scholarships for international applicants.

Scottish and EU students can apply to the Students Award Agency for Scotland (SAAS) to have tuition fees paid by the Scottish Government.

Rest of the UK students can apply for financial assistance, including a loan to cover the full cost of the tuition fees, from the Student Loans Company.

Tuition fees for Overseas (non-EU) students are guaranteed for the length of your course. This means that the tuition fee you pay in your first year (shown above) is the same fee you will pay for each year of your course. We guarantee that this will not increase while you are studying with us. The only exceptions to this are our MBChB Medicine, BSc Medical Sciences and BDS Dentistry degrees which charge a different tuition for the clinical years.



  Degree UCAS Code KIS Data
Apply NowEconomic Studies MA / BSc (Hons)L100
Apply NowBusiness Economics with Marketing MALN15
Apply NowBusiness Economics with Marketing and European Studies MALNR0
Apply NowBusiness Economics with Marketing and Geography MALLN0
Apply NowBusiness Economics with Marketing and History MALNV0
Apply NowBusiness Economics with Marketing and Mathematics MALNG0
Apply NowBusiness Economics with Marketing and Politics MAL0N0
Apply NowBusiness Economics with Marketing and Psychology MALNC0
Apply NowBusiness Economics with Marketing BSc (Hons)L1N5
Apply NowBusiness Economics with Marketing with French MALRN0
Apply NowBusiness Economics with Marketing with German MARLN0
Apply NowBusiness Economics with Marketing with Spanish MARNL0
Apply NowEconomics and European Studies MALR18
Apply NowEconomics and History MALV11
Apply NowEconomics and International Relations MALLD2
Apply NowEconomics and Politics MALL12
Apply NowEconomics BSc (Hons)L101
Apply NowEconomics MA (Hons)L100
Apply NowEconomics with French MAL1R1
Apply NowEconomics with German MAL1R2
Apply NowEconomics with Spanish MAL1R4
Apply NowFinancial Economics MAL114
Apply NowFinancial Economics BSc (Hons)L111
Apply NowFinancial Economics with French MAL1RC
Apply NowFinancial Economics with German MAL1RF
Apply NowFinancial Economics with Spanish MAL1RK