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Faculty of Economics

Why choose a BA in Economics? Quote



Why choose Economics?



The aims of the Economics Tripos are:

A1 To provide a course in economic principles and their application that stimulates and challenges students whose abilities range up to the highest;

A2 To develop students' competence in the assimilation of complex arguments, the analysis of practical issues, logical thought, quantitative techniques, mathematical skills, and effective communication, using a range of teaching methods;

A3 To develop skills that are of value for subsequent careers, primarily in professional and managerial occupations;

A4 To develop in students a knowledge of the workings of economic systems and a sense of the economic dimensions of social and political issues;

A5 To cater for the academic needs and interests of individual students, while operating with a common intellectual core;

A6 To attract, select, and nurture outstanding students irrespective of educational and social background.


After completing Part I of the Economics Tripos, students should have:

O1 Made the transition in learning style and analytical approach from school to university studies;

O2 Acquired a basic knowledge and understanding of the essential concepts of modern economics, including (i) the implications of rational behaviour for the actions of consumers and firms; (ii) the role of markets and other institutions in coordinating the actions of individual agents; (iii) the use of elementary models for macroeconomic analysis;

O3 Acquired the ability to apply basic techniques of statistical analysis to economic data;

O4 Acquired a basic knowledge and understanding of the contemporary social and political context of the UK economy, and of the development since 1945 of economic policy and institutions;

O5 Acquired a basic knowledge of British economic history from 1750 to 1939, and a basic understanding of how to apply economic theory and quantitative methods to the analysis of historical evidence;

O6 Obtained the mathematical grounding necessary to proceed to Part IIA of the Economics Tripos.

After completing Part IIA of the Economics Tripos, students should have:

O7 Acquired a knowledge and understanding, to at least intermediate level, of a range of key topics and analytical techniques in microeconomic and macroeconomic theory;

O8 Acquired a knowledge of key econometric techniques, and demonstrated the Information Technology skills needed to undertake a project in applied econometrics;

O9 Studied an optional course which will enable them to undertake more advanced courses in Part IIB.

Course Description

After completing Part IIB of the Economics Tripos, students should have:

O10 Acquired the ability to apply the analytical techniques learned in Part IIA to a range of practical economic issues;

O11 Learned how to identify and find the factual information relevant to analysing practical economic issues;

O12 Acquired, through optional papers or a dissertation, some advanced understanding of one or more fields in Economic Theory and Analysis, Political Economics, Banking and Finance, Public Economics, The Economics of Developing Countries, Industry, Theory and Practice of Econometrics, World Depression in the Inter-War Years, The History & Philosophy of Economics, British & European Politics, Global Capitalism.


Discover Economics

Discover Economics

Discover Economics is a Royal Economics Society campaign to increase diversity among economics students.