UCAS code L101
Taught by academic staff with an abundance of professional industry experience who utilise the latest economic thinking, this programme will help you develop a high level quantitative and analytical skills in any of our three pathways: Economics, Finance or Data and Econometrics.
It is an exciting time to join us, our Economics programmes are ranked 11th from 71 providers (a rise of 7 places on last year) for Times Good University Guide 2025. We are now in the top 10 in the 2025 Guardian University Guide and we outperformed the sector benchmarks for all 7 question themes in NSS 2024.
*based on subject area.
Studying Economics at Liverpool will enable you to build a thorough understanding of current economic and financial issues. Our programme will help you develop a high level quantitative and analytical skills in any of our pathways: Economics, Finance or Data and Econometrics.
From your first year of study you will start to build a strong foundation in economics, statistics and mathematics and upon successful completion of your final year you will have a thorough understanding of a wide range of theoretical tools used in economics and where applicable, in finance.
The University of Liverpool Management School holds accreditation from AACSB, AMBA and EQUIS. This makes it one of an elite group of institutions worldwide to hold the gold standard ‘triple-crown’ accreditation.
Our Economics course is accredited by the Institute of Chartered Accountants in England and Wales (ICAEW), the Association of Chartered Certified Accountants (ACCA) and the Chartered Institute of Management Accountants (CIMA).
In aligning our Accounting and Finance programme with the Association of Chartered Certified Accountants (ACCA), our students are eligible for exemptions from specific ACCA exams up to the Strategic Professional Level papers. This will fast-track their journey to membership once they graduate – so they can start their careers in finance and accountancy more quickly.
This programme is accredited by Chartered Institute of Management Accountants (CIMA) which will give you further skills and understanding on how businesses operate, are managed, how to create strategies and how people work together.
The Institute of Chartered Accountants in England and Wales (ICAEW) works with the University of Liverpool to grant credit for prior learning (also known as exemptions) for relevant content covered in undergraduate and postgraduate degrees.
Once you have finished your degree you will only have to complete any outstanding modules, the compulsory practical work experience element of the ACA and demonstrate your ethical and professional development, to qualify as an ICAEW Chartered Accountant.
Discover what you'll learn, what you'll study, and how you'll be taught and assessed.
Your first year at Liverpool will give you a strong foundation in economics, statistics and mathematics, and equip you with the qualitative and quantitative techniques needed to address economic issues.
Both economic and financial pathways will see you begin to develop your economic thought and introduce you to the principles of microeconomics and macroeconomics. Whereas the finance pathway will also provide an introduction to finance and financial accounting.
In year one, students on the Economics pathway can do either ACFI101 or ECON159 in semester one. In semester two they can do either ACFI102 or ACFI103.
Students on the Finance pathway have no optional modules and must complete ACFI101 and ACFI103.
Students on the Data and Econometrics pathway take the same modules as the Economics pathway excluding ACFI101 and ACFI102.
Programme details and modules listed are illustrative only and subject to change.
In your second year of study, you will build upon your first year modules in microeconomics and macroeconomics and you will be introduced to the study of econometrics, a key area for anybody working in economics or planning to study economics at postgraduate level.
Similarly to your first year, both pathways will undertake core modules which include Econometrics, Macroeconomics and Microeconomics. Depending on your selected pathway, you will have a selection of optional modules to take in both semester one and semester two.
In year two, students on the Economics pathway can do either ECON217 or ECON215 in semester one. In semester two students can do either ECON211 or ECON241 or ECON251.
Students on the Finance pathway can do either ECON211 or ECON241 or ECON251 in semester two. ACFI204 is a compulsory module on this pathway only.
Students on the Data and Econometrics pathway should note that ECON215 and ECON251 are not included as optional modules in year 2.
| Compulsory modules | Credits |
|---|---|
| ECONOMETRICS 1 (ECON212) | 15 |
| MICROECONOMICS 1 (ECON221) | 15 |
| MACROECONOMICS 1 (ECON223) | 15 |
| ECONOMETRICS 2 (ECON213) | 15 |
| MICROECONOMICS 2 (ECON222) | 15 |
| MACROECONOMICS 2 (ECON224) | 15 |
| FINANCIAL MANAGEMENT (ACFI204) | 15 |
| ECONOMICS OF DIVERSITY & INCLUSION (ECON217) | 15 |
Programme details and modules listed are illustrative only and subject to change.
The third year of your programme is spent on placement. You will complete a year-long graduate-level placement, providing valuable work experience and an opportunity to further enhance the skills and attributes sought after by top employers.
You can apply for UK-based placements with a large organisation or smaller company or even seek a placement overseas. You will be visited at least twice by University staff whilst on placement with support from the Placement Team throughout and complete related assessments in May.
Further information about the year in industry is available on the Management School website.
| Compulsory modules | Credits |
|---|---|
| ULMS PLACEMENT YEAR (ULMS299) | 120 |
Programme details and modules listed are illustrative only and subject to change.
In your final year you will take more advanced economics modules and have the opportunity to apply what you have studied to contemporary issues. You can also choose from a range of optional modules depending on your pathway, strongly supported by the topical research carried out by our academics, so you can specialise in the areas that are of the greatest interest to you and your future aspirations.
In year four, students on all pathways must take ECON342 in semester one.
Students on the Economics pathway must take either ECON343 or ECON346 in semester two. ACFI321, ECON310 are not available on this pathway.
ECON304, ACFI322 are only available on the Finance pathway.
ECON308, ECON317 and ECON311 are compulsory modules for Data and Econometrics pathway. ECON306 is available as an optional module on this pathway only.
Programme details and modules listed are illustrative only and subject to change.
Modules are taught using the latest active learning techniques including business simulations, real-world case studies, social media, interactive participation software, lecture capture and real-time financial and business data using our Bloomberg Trading Floor. The principal forms of teaching are lectures and seminars with lectures normally being supported by material such as hand-outs and presentations.
Seminars give the opportunity for detailed discussion of a topic under the direction of a tutor. You are normally expected to prepare work in advance for seminars and may be expected to present work or give presentations from time to time. On some modules, such as quantitative techniques and IT, seminars may take the form of practical sessions using our PC suites.
All our degrees depend on you spending a good part of the week in private or group study in preparation for lectures and seminars. This involves making extensive use of the excellent library and IT facilities, just one minute’s walk away from the Management School.
You will be assessed through a combination of coursework and examinations. The exact weighting will vary from one module to another. As well as individual assignments and exams, you may also be assessed on group reports and presentations.
We have a distinctive approach to education, the Liverpool Curriculum Framework, which focuses on research-connected teaching, active learning, and authentic assessment to ensure our students graduate as digitally fluent and confident global citizens.
The Liverpool Curriculum framework sets out our distinctive approach to education. Our teaching staff support our students to develop academic knowledge, skills, and understanding alongside our graduate attributes:
Our curriculum is characterised by the three Liverpool Hallmarks:
All this is underpinned by our core value of inclusivity and commitment to providing a curriculum that is accessible to all students.
Studying with us means you can tailor your degree to suit you. Here's what is available on this course.
University of Liverpool students can choose from an exciting range of study placements at partner universities worldwide.
Immerse yourself in Chinese culture on an optional additional year at Xi'an Jiaotong Liverpool University in stunning Suzhou.
Take a semester of your second year of study at one of our worldwide partner institutions.
Spend a summer abroad on a study placement or research project at one of our worldwide partner institutions.
This course is also available without an included year in industry.
To spend a year in industry, you'll need to secure a placement with an organisation. If you're unable to find a placement, you'll continue with the standard version of the course without a year in industry.
Every student at The University of Liverpool can study a language as part of, or alongside their degree. You can choose:
Day-to-day teaching will take place in the University of Liverpool Management School; a world leading centre for management and leadership education and research and is one of an elite group of institutions worldwide to hold the gold standard triple accreditation. At the Management School, students have access to careers education, opportunities to work as well as excellent library and IT facilities, just one minute’s walk away.
From arrival to alumni, we’re with you all the way:
It's really quite normal for people to not know what they want to do with their life so early, I chose something that I thought would develop a variety of different skills and not close any doors for the future, a course which would allow me to pursue whatever I wanted; Economics is perfect for this!
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Studying Economics with a Year in Industry at the Management School will provide you with very high level analytical and technical skills which will enable you and other students to work in multinationals, specialist finance and investment firms, government bodies and research organisations.
We’re committed to enhancing employability and supporting you all the way to your future career. Our innovative Careers and Employability Service will be on hand throughout your time with us to help you prepare for life after graduation.
The average earnings for Economics with a Year in Industry graduates from the University of Liverpool Management School is £26,000 and many former students find successful careers in many professions such as Technology Risk Analyst, Trainee Chartered Accountant, Business Analyst, Operations Analyst in organisations including BDO, Capita, HRMC, IW Capital, KPMG and more.
Students are also encouraged to undertake a Year in Industry which is undertaken as part of the four-year sandwich degree programme. You will be supported in finding and applying for a placement in an organisation which could range from a local small and medium-sized enterprise to a global blue-chip company – the choice in yours!
Students completing undergraduate degrees at the University of Liverpool Management School often go on to undertake postgraduate programmes such as MSc Accounting and Finance, MSc Economics plus MSc Project Management.